The strategy of increasing interest rates to lower the inflation has a lot of prerequirements.
Stuff such as energy prices (that affect price of literally everything) coming back down
Such as government budget deficit to go a lot lower than this
Such as the trade deficit not setting a new ATH every day
Such as printing money to stop or at least slow down and a lot more....

While none of these things are happening (like printing a trillion dollar every 100 days), of course the inflation is not going to come down!
The problem is, they have no idea what else to do! Playing with interest rates is the only thing they can come up with LOL but it has an ugly consequence called recession.

Here is the worse part, tensions around the globe are rising and everything economy related is going to get worse. We've seen how oil went back up recently and how everyone around the globe is panic buying gold... these are signs...

A lot of people were waiting there yesterday for the insight that could happen, and what happened that the analysts expected was only 3.4%, but what they saw was above expectation because it was 3.5% year on year.

And after these events, the market reacted immediately, and the US dollar index rallied, which in turn caused Bitcoin's price value to drop, but it also recovered immediately. And because there are more and more newbies in the market, there are many people who don't know about CPI. So always, in these kinds of events, institutional investors rebalance their portfolios and depend on market sentiments. `

There are different ways of shutting this attack down, one of which is through the Bitcoin protocol. One way would be for those backing this attack to stop supporting it and the centralized market where the Ordinal scams are taking place to be shut down. After all those attacking bitcoin are accepting the high fees because they can have a chance of making some profit from those scams.

With the incentive gone, the attack would stop abruptly.

...but just above, in the previous post, I described you exactly, how.

You know, what is "SPV proof", right? If you have for example a block header, then it takes only 80 bytes, no matter how big is the block behind it. And the same is true for Ordinals: they are hidden behind a single P2TR address, no matter how big they are, when you spend them, and reveal them on-chain. Which means, that you need to point at some 256-bit value on-chain, to prove, that it is connected with your data.

But: that's not all. By doing OP_RETURN, and adding some 32-byte data push, you would reveal, that some kind of commitment is there, and your transaction is not "only a payment". However, if you tweak R-value of your signature instead, then you don't need any additional bytes, for example inside OP_RETURN. Then, you just make a regular signature, using any address type, and just replace one signature with another, which can be used to also prove, that some data is attached into it.

And when it comes to technical details, then they were mentioned by Anthony Towns on the old mailing list: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-November/022176.html

And then, if you just replace one signature with another, you can put the whole SPV proof on your own chain. Then, if one on-chain signature will commit to the whole chain of your choice, it will be sufficient to get it covered by Bitcoin's Proof of Work.

Also note, that if you need to put your commitment inside your output, instead of your input (for example if you want to put that in the coinbase transaction), then you can use exactly the same trick, because it works everywhere, where you can encounter any valid public key.

Edit: Also, if you want to understand it better, or preserve some kind of backward-compatibility, then in practice, you need only a small modification: just spend your Ordinals by key, not by TapScript. Or rather: spend them by key on Bitcoin, and spend them by TapScript on the separate chain, made just for Ordinals.

Maybe we have to live with higher for longer but it’s not much to worry about in my opinion. I still expect to see rste cuts this year, maybe we wait until June but there should still be one or two cuts. I hope to see multiple cuts in 2025 which should coincide nicely with the next crypto bull run.

Or better yet, if they actually want to develop anything and not just scam people they should create a separate and stand alone blockchain and use that to create whatever they want and stop exploiting the Bitcoin protocol

Exactly.

Like being said earlier people go  crazy for anything relating to Bitcoin but sadly they will come to know these BRC-20 is far from bitcoin itself

It's high time we can expect the unexpected outcomes because similarly I had so many speculations based on the Bitcoin history like Bull run will start only post halving and ATH can be teach only post halving but it turned out wrong. I personally don't see a different pattern in BTC price than what it was last month and I belive we may see some changes in second half of April but I may be wrong.

The consumer price index climbed 3.5% year over year in March, according to data released today by the Bureau of Labor Statistics, faster than February's 3.2% pace. Economists surveyed by FactSet had expected an annual increase of 3.4%. The strong pace was driven by upticks in the cost of housing and gasoline.

Core inflation came in at 3.8% year over year in March, the same level recorded in February but slightly higher than the 3.7% year-over-year gain economists surveyed by FactSet had expected.

The news is likely to delay cuts to interest rates by the Fed. Officials want to see inflation decline toward an annual rate of 2%.

https://www.barrons.com/livecoverage/inflation-march-cpi-data-report-today

Ethereum and Solana would be poor reference since it's node need to execute and verify smart contract usage while they also use account-based rather than UTXO-based. I still think BCH stress test as better refernces since some people report how much the node affect their hardware.

Crazy. I'm all for their decision of course. The reason why its crazy is this whole Runes thing was launched only a month or two ago and I guess its completely collapsed in popularity already. Looks like its finally the beginning of the end of the Ordinals Era in Bitcoin.

Not going to read it -- I already get the gist of it -- its Ordinals 2.0. Apparently he wasn't satisfied with the money he made already, so he launched something nearly completely the same under a different name.

Here's the fact: Runes was DOA (Dead On Arrival) so there's nothing to be angry about. Nobody cares about it because nearly everyone involved in Ordinals has already figured out that their main influencooor, Leonidas, is a cheeseball scammer.

Don't really feel bad for anybody who loses money to this garbage: you should have figured out Leonidas was a scammer by now. If you haven't, well you know what they say about a fool and his money...

i had my opinions on core being a central point of failure BEFORE CSW and jonald ..
thats not an admission of being part of some altnetwork group.. thats called independent research and scrutiny
when idiots like CSW and jonald then copied what i said i called them out on it.. yep they are idiots too..

as for windfurys failing to understand logic reason, research, data, fact and history
if he did do his research he will see CSW first appearance publicly in the cryptosphere was not the signing session with gavin.. not the self doxing and running away to the UK. it was months earlier in 2015 at a conference nick szabo was at.

---Snip---

LN's function does not 100% require a bitcoin node.. so lets make that clear
LN is not bitcoin, people can use LN using different mainnets.. so lets make that clear
also LN channels can be set up without needing a bitcoin UTXO.. so lets make that clear
bitcoin isnt deposited into LN, its collateralised and locked on bitcoin.. so lets make that clear
a bitcoin utxo can be used as a reference for many networks, not just LN.. so lets make that clear
LN does not have a network wide audit to ensure a utxo is solely used just for a specific LN channel/network.. so lets make that clear
much like old UTXO of bitcoin is not deposited into a fork/altcoin, even if used as reference in other networks payments..so lets make that clear

for those still thinking LN is fully working mature utopian dream,

if you think LN is not thought of as a credit system/loan, and instead think of it as real money settled transfers, something always going to be cheap
watch what rusty russell (big time LN dev) has to say
watch it in full but im breaking it up into parts as people dont like lengthy transcripts(walls of texts)

Maybe the direction of the token price strength will always depends on the team support it since whatever structure they do like giving all of those tokens to those people who are eligible on airdrop or by batch basis. If there's no proper price support the price would dump whatever they plan to do with their tokens since for sure majority of people who receive some tokens came from airdrop will dump their tokens so I guess this will depends on how developments or other more they can offer so people get convince either to hold or accumulate. But we don't know yet what will happen next to this since to many possible scenarios will came in future and as long as Shuffle team is doing good then maybe we can make this a basis that their token will be at good situation despite of those threats of dumps came from airdrops receivers.

For me, the process of "locking up" the funds when you create a channel is already part of the "payment" process. Because the way LN is set up, with the money you lock, the channel partner is directly entitled to force you to pay your debt whenever they want, not when you want to settle.

Craig Scammer Wanker is franky1's greatest inspiration.  He's basically sucking the guy's cock.  He is #1 member of the Faketoshi cult in terms of how they both perceive Bitcoin:

CSW is my inspiration???

sorry but my opinion exists BEFORE CSW because i have been in bitcoin and pointing out cores faults before CSW was even a name in the cryptosphere

On other hand I also think the same way with @dimonstration since if we talk about health of the token then its better for it to have a one time dump since people might think that the dumping stage for those people who receive an airdrop is done and its time for them to accumulate then trust that recovery will happen since maybe investors might not worry about the future decline since there will be no threats of another round of dumping just like if they slow down the distribution process.

But let see if their decision is really works since provably there's a lot of people following them would be happy if they see the price SHFL will not change nor get a good movement despite of a lot of people dumps their token receive from airdrop.

Same here, I don’t received notification from Shuffle including the promotional email aside from withdrawal/deposit. But I regularly checking my VIP page which is why I’m always updated on rewards since I’m claiming regularly my SHFL airdrop.

Is it just me or true to everyone, I think the unlock of airdrop tokens is very slow now because I only claim very small amount of tokens for 2 days of waiting. It seems that the unlock period is very slow if you don’t place any bet for that day.
 

i mention CSW because its THIS TOPIC

"buy now, pay later"
think about it

when using LN as a credit facility. you agree to pay someone at a later date(closing) which is a IOU
credit/iou is debt