Apple finally masks off and officially announces "Digital ID"! 🪪 For those who know, it has always been.
The thread analyzes BIP-444's seven rules for a one-year Bitcoin softfork limiting data-heavy features like inscriptions, revealing over 107 million historic transactions would become invalid, primarily 104 million using OP_IF. While targeting spam, the rules risk freezing real funds in 560,000 keypath-disabled Taproot outputs and legitimate scripts like HTLCs and decaying multisigs, as shown in blockchain scans visualized across block heights.
Yeah, congratulations, you have reinvented the goddamn bank. All this “peer-to-peer freedom” talk, and what do we get? A shiny app that rations your own money like pocket money from mummy. Limits, permissions, custodians—welcome to Fractional Reserve Bitcoin, you corporate lapdogs. image
Ocean vs Samourai timestamped.
“Not everyone is luke-jr whose security practices are to keep a copy of his 'offline' wallet on an online system with a copy of the passphrase for it just stored in a file next to it.” - gmaxwell This is who you are trusting when you run Knots. https://groups.google.com/g/bitcoindev/c/nOZim6FbuF8/m/fk30wcgJAwAJ?utm_medium=email&utm_source=footer&pli=1