I am just here to publicly say... i barely know who Johnny Depp even is.  I have never seen of those dress up pirate movies.  I could not pick Amber Herd(?) out of a lineup, and I have no idea what the court case was about at all, other than someone shit in a bed.

I could not care less about that stuff, and I sort of think it's bread and circuses.

Seems like most folks liked the outcome.

I honestly think we are about to see the pendulum swing back from this post-modern madness we have come to where people are using emojis as their pronoun, and we have to "believe all women" etc.

In the US them coming to try to take the guns will probably be where the pendulum starts back over in fullness...

It will be no less than an attack.  Bitcoin screws with the plan.  They need to hobble it. 

It's cute they think they can.

One of my first channels I ever opened was to them!  I don't play much just because I am not a great fan of -EV games...  But it's fun to dump a few sats at it from time to time.  But it is STILL open and has routed afew million SATS.  Not my busiest channel, but been up since 11/2019!

And yes.  If the lightning network can work, I believe we will see non-KYC types of services a major driver.

Well would ya look at that?!?  I am having dinner tonight!


I was thinking a poker game that is 100% lightning would be cool...  My original thought was all the hands would literally pay out to lightning addresses each time.  But I suppose that would never be foolproof.  Someone DID make one that works in a more standard fashion. 

https://lightning-poker.com/

OK.  I missed my chance.  I was going to point out early this morning that this price action is very likely to be a rally in a bear market, and MAYBE a bear market bottom. 

ALTHOUGH we will need to see uppity (as one wordy man calls it) with VOLUME eventually.  We did NOT see it this time, for example.

But on the flip side this debart also does NOT have the volume that would favor a bear.

That said... if we keep knocking on the floor, eventually we are gonna break it.

Cruz is one of the most intelligent lawyers in congress.  He is my senator, and I have voted for him for years.  He figured out how Bitcoin would be a positive for (green) energy.

In the MIDDLE of the Covid debacle he filmed himself going to businesses that were suffering to support them, like a hair stylist.  This was the make the point that we should let the free market do it's thing and let people take the risks they want to and are comfortable with.

So having known him for a decade I am COMPLETELY NOT surprised that he gets bitcoin on a very deep level.  He also seems to be a bit of a maxi.  He does not talk a lot about "blockchain" or "defi" or whatever.

He is America's version of Bukele, I think.  Even better, in my opinion than Lummis.  Perhaps Lummis gets it on the same level, but Cruz communicates that well.

So all you lefty grumps can kiss my hind.  I am super proud of my Senator and will keep voting for him.  And I am NOT a right winger... I want people in government that want government to have LESS POWER.  He is one of them.  His love for Bitcoin PROVES that in my opinion.  I would vote for any democrat that shared that view.  (Tulsi Gabbard?)

That video was edited by an idiot.

Wait... why is Nullius using a sock puppet?  That is nullius, right?

Lolcopter...  The flippening has happened!

I love bullish Torque.  Still apocalyptic, but with gainz! And I think your scenario as started is a strong possibility.

I have often doubted this trajectory as I believe the powers that be (whoever they are) have the ultimate goal of destroying the market.

But the light bulb that went on for me that supports this theory is there is more than one way to skin this cat.  It is easy to think of the destruction of the US financial system as a collapse.  A contraction.  An erasing of value from the ledgers.  But perhaps the way to this end looks more like Weimar than 1932.  That we might see them inflate the thing to the point of exploding rather than try to crash it.  In fact the explosion will be the crash.  And the advantage they will have is they will know when and where to go to avoid the destruction that this will ultimately bring.

Knowing WHEN that singular evaporation of value is coming is not something we can do... so we have to front run the evil fuckers to the exit door.

Lucky for us we built our own exit door.  And they hate it because they do not control it.  AND they are realizing they too will be forced to use it (in part).

So we get to sit here in the cheap seats as they progressively become the front row center to watch this tragic comedy unfold.

It's tempting to buy a little APPL or TSLA or something.. lol.  But nah...  yall have your fun... I will be over here waiting.

(oh.. and pardon me for interrupting all the shit slinging going on in here.  Tragedy of the commons...  WO is a great place where many interesting and bright minds come to mingle... was, and still is.  sort of.  It is also full of autistic shit slinging monkeys... I dunno may be I am one of those too...)

Oh my God.  Is that the antichrist or the most direct prophet of our age?

That is a fucking boss fight.  He's almost as big as the government.  But nowhere near as big as the Fed.  Says he does not understand the intent of new regulation... that's odd.  He's almost certainly involved with creating it.  I hope there is honesty in what he says in that segment.  If so the west still has some little glimmers of hope.

I think the most straightforward way for this to happen in a trust minimized, or trust distributed fashion is for it to be built on a Bitcoin sidechain.  Something like Liquid would be perfect.  It could be tweaked for more or less decentralization.  But I think one sort of new "bank" idea would be companies that develop and maintain BTC sidechains where tokens can be issued etc.

The tradeoffs are worth considering.  Do we need to most highly secure immutable chain for this?  No. 

For example, if a company wanted to issue some sort of expiring coupon for good or services, or promotion, then once the promotion is done then all of that info could even be trashed.  If it was a fedarated sidechain that kind of database (blockchain) management would be handled by the fedaration, which would then collect a fee for the handling.  All this nonsense never touches the BTC chain, or at most puts a hash opf a transaction in an OP_RETURN.

An example where one may do that...  Title registration.  Want to record ownership of physical property on a blockchain?  Again a distributed layer two could be used  It would inherit the BTC security.  This could also be a fedarated chain.  Pehaps a group of title companies, banks and even governments.  We don'ty all need a copy of this, but it is good if it is distributed in a fashion that creates enough redundancy for it to be resilient to all sorts of problems.  And APIs could exist that query it from a WEB interface or the like.  You could even have free/paid tiers of access as well as a way for the owner to prove ownership for free.

Honestly, we have two camps out there right now:

1.  Throw everything on ETH or Chainline, or BSV(omit) or whatever train wreck layer one people are dreaming up!   Tokenize all the things!! File storage on the blockchain!!! 

2.  All of that is stupid!  The ONLY reason for a blockchain is bitcoin. Decentralization HAS to be a wide as possible!  Blocks should be smaller!  Etc.

Both camps miss the point.  BITCOIN will back all of this.  But we can shovel all the garbage we do not need to have on the base layer onto these sorts of things.  Also centralization to differing extents in different uses has tradeoffs that we likely WANT.  For example the companies and governments involved can spend the money and resources to spin up these giant databases that we do not need everyone to have a copy of etc.

This is the reason why, when I played with Liquid I saw so much potential.  Back gets nuanced tradeoffs.  And he understands how to build a PRODUCT on top of Bitcoin while doing the least amount of footprint on the main chain, but gaining a lot of advantages.  Don't like their service?  Too expensive?  Too centralized?  Well find one that fits your needs better... Or build your own!

Anyway.  I think this is part of the "suddenly" we end up in sooner or later.  People will eventually stop playing stupid games on fat layer one chains, and start to realize the field is wide open for all kinds of layer 2 build.  When the product is understood it will become very compelling for the customers.

Yes.  P2pool will send you a transaction for every share you find.  It will be small amounts of Monero but there it will be in your transactions.

You can also see the shares you have found on this site (this is for the mini pool)
https://mini.p2pool.observer/

BIP47 is one of those no-brainer sorts of obvious improvements to Bitcoin privacy. 

I cannot figure out why it's not integrated into every wallet and system ever. Ever.  Ever.

It does more to increase privacy and break chain analysis tools and is absolutely compatible with the current chain, and all future ones, it is optional etc etc.

For the life of me I can;t figure why no one cares.   Perhaps it's just because it is not a Bitcoin address per se, but a pointer to a series of them.  Therefore it has to be implemented in all the wallets etc by choice.  But I personally think it should be used as much as possible.  Here... send old caps some sats!   PM8TJduC2xr6BJzMsoEbxTKXF8GEEu3oHWg8tgqgh1sRcBEjcYiAYW8Jb7rSHUBJRnXbfuFfLkfEZ1t JmTvfkskS7H9f5USntsqV9LKp8a3EzJs6brEx

On the other hand, I guess it is time to sell all the bitcoin:

Much respect.  And here is to having found a good wife, I did too.

Look.  No one but you can tell you what is right to do with your resources.  And nothing is more useless than the words of a random internet stranger... So here come some useless words!  WOO HOO!

It's a simple fucking equation. 

If bitcoin does not fail, it is horribly undervalued. Never fear.  You made a good choice as long as you do not need those funds right away, or even in X years, where x=as long as you can hold.

#3 is the worst one...  I think we might be just about to see those things closed out one way or the other...

I had promised myself I was not come here to post for a while...  But this price action.

We REALLY need to see some volume right here with a decisive break above the top resistance.

I would give this a better chance of being a headfake before a big dump, but if we can see that volume come in?

Kind of a hail mary.



Somewhere between 30500 and 31 is the target...  I do not think we will see it.  But I would love to be wrong about that.  Maybe Klaus Schwab just keeled over on stage or something... c'mon corn!

Always cherish the Biltema dinner pics.   So yeah... the old WO is still here I think...  I am probably personally adding more noise than signal.  That is something that can be corrected.

OK.

Bob.

Listen.

You've added enough shit to the ranch for now.  The drone fleet is big enough.  You need no more purple paint for the time being.  Enough selling for now!

Thanks!

On to the squiggly lines...  This little prickly bit?  Meaningful?  Headfake?  Doom to come?



I think it is a fairly easy thing to fortune-tell.  Bitcoin has to get back over 30k.  If it is rejected on the way up??  down we go.. 26ish?

I believe he still posts a little on twitter now and then.

As to AP... I meant full of shit in a loving way (in case he ever comes here to read this. lol).

I get a kick out of herm.  But I take your point.  He was always full of shit, and it's sad he made so much money then she blew it all...  I honestly think this latest thing being posted is wrong.  It's a coinflip at the moment.