Everyone: it’s not possible to construct a worthwhile sentence using ‘memetic bundle’ and ‘meme payload’. *Comte enters the chat* “Both are trying to inject a meme payload and make you a replicator of the memetic bundle that controls them : on one extreme, they fix you by filling your wound with scientism ; on the other extreme, they fix you by filling your wound with a set of beliefs that are characterized by exclusivity” View quoted note →

*predictable scarcity is what drives the long-term adoption* View quoted note →

*In the end two things still shine through for me - one that Bitcoin and PoW are just about the most objective source of truth there is, and secondly what an OG told me when I asked him why he still bought bitcoin when it was 100x where it was when he first started. “Because no one can afford my time”*

Stacker News

The last one standing: Reflections from a bitcoin bear market \ stacker news ~bitcoin

@jtwoodhouse stacked 3456 sats posting https://www.jtwoodhouse.com/the-last-one-standing/ [13 comments]

*The whole point of Bitcoin is to route around the state without direct violent confrontation.* View quoted note →

*there definitely was consensus about enabling Taproot, as far as people understood what it would give them, but there definitely was NOT consensus about enabling inscriptions. That can accurately be classified as an unintended use-case of Taproot's features by using an exploit to disguise arbitrary data as part of the transaction's witness section, which no one realized would be the case at the time of activation* View quoted note →

*there is a massive difference between using Bitcoin for its intended purpose as money to BUY an NFT, even if you or I think NFTs are stupid, vs using Bitcoin for an unintended purpose to STORE an NFT* View quoted note →

Bitcoin is a digital bearer asset. Tokenisation offers 'exposure' to assets. Robinhood CEO: “I think [tokenization] will become the default way to get exposure to U.S. stocks outside the U.S.,” "The tokenization of real-world assets, from stocks to real estate, will spread to financial markets around the world" CNBC

*The midwit always wants a simple heuristic to solve complex problems and hence overcorrects when problems arise, creating a new set of problems* View quoted note →