1/ While everyone debates the causes of the recent migrant Zerg Rush toward Spain, few are asking about IsrAID, an Israeli NGO already embedded at Europe's migration front lines for well over a decade.

🧵

“The fiat standard was born out of the need for governments to manage their de facto default on their gold obligations.”

-@saifedean, 𝘛𝘩𝘦 𝘍𝘪𝘢𝘵 𝘚𝘵𝘢𝘯𝘥𝘢𝘳𝘥 (2021)

And the details are hush-hush.

BitMEX co-founder Arthur Hayes argues the debt-fueled AI infrastructure boom could trigger a 2008-style credit crisis, unleashing government liquidity that drives Bitcoin past $1 million.

#Bitcoin

In every previous cycle, BTC printed its cycle low while both monthly Log MACD lines were still declining.

The crossover didn't mark the cycle low. It confirmed that the bottom had already formed.

If history repeats, current levels could offer…

Thank you for joining the conversation and feedback. I do understand the point being made by yourself and Murch, which is that data carriers are exploiting permanance. However, i don’t believe this is necessarily the case and have tried to make this clear…

FUD: BIP-110 was rushed. lol.

For 3.5 years spam burned blockspace, ground node runners, and treated Bitcoin like free cloud storage. BIP-110 is the temporary soft fork that ends that siege on a public schedule.

That's about 3.5 years since inscriptions…

BIP-110 opponents are making desperate attempts to disrupt activation. It is too late to pause or postpone- there is no switch to flip that would cause the thousands of signaling nodes to turn off.

May fool some miners/exchanges into risking their money…

If large mining pools control Bitcoin instead of pleb node runners, then Bitcoin is already dead. Bring out the sword of Damocles for the miners

I'm fine with a PoW change if it comes down to it. I'm not afraid and neither should you. The economic majority will follow the real Bitcoin that's aligned with its original purpose. Few will care for a shitcoin controlled by corporate interests. We'll win

~20% of the nodes signaling BIP-110, and now a publicly stated threat of PoW change if it absolutely comes to that...I don't think the mining cartels are suicidal.

Miners don’t own Bitcoin. They provide proof under rules enforced by users

This BIP-110 PoW proposal makes the fallback explicit: if miners refuse the rules users choose, the network can change the PoW and fire them

Here’s what that would actually entail

Bitcoin Core is bleeding node share like crazy..

Knots: 25.7% of all nodes
Knots v29.3: 21.1% - now the most run Bitcoin client version
19.5% of those Knots nodes signal RDTS which activates in ~550 blocks or 4 days, likely Saturday.

Picture Microsoft holding…

Miners do not set the rules. They better not try to take that power or hell will break loose.

Everything that has transpired in the bitcoin space over the last few years has seemingly sought to do the following:

- Make it harder for you to run your own node
- Make it harder for you to custody your own bitcoin
- Steer you to buy IOU bitcoin instead…

If miners don't want to make themselvesthe target of government coercion, they will signal for BIP110.

A failure to accept a UASF with 20% of nodes signaling and no protocol level counter signal will show that it is miners, not node runners, who control…

"We need Bitcoiners to fight for Bitcoin. If no one fights for Bitcoin, Bitcoin will very soon be dead."

My conversation with @hodlonaut is live. The Space Cat on what's happening inside Bitcoin Core, the 5-year Craig Wright war, & why he's all-in on BIP…

Core forgot to list threats that get parsed on mempool space as a motivation for increasing datacarriersize.

A friend of mine has observed a pattern in fee rates that might help identify the attacker.

Instead of looking at achieved fee rate, assume a round number for _intended_ fee rate, and calculate the % difference.

It can be a fingerprint of a wallet.

Achieved…

From my interview with @_DannyKnowles on WBD last November. The possibility of flawed entropy has been on our radar from the beginning with @SeedSigner, which is why we've never attempted to use an RNG to generate keys for users. Best practices matter. Defaults…