Who exactly do you mean?
All producers outside West Asia are already producing at max capacity and beyond, not to mention that over the past year there has been a higher demand than supply. It is impossible to cover any kind of shortage specially if we are talking about a massive 40-50% shortage!

That's correct. What I meant was that the relationship between Iran and the international resistance is not a hierarchy where Iran runs them or they are Iran's "proxy". Instead it is an alliance with an unbreakable bond. Obviously Iran as the strongest member of the resistance supports all of them.

Ansarollah didn't start supporting Palestine two days ago, they've been doing it for a while now. Last year they were also threatening to bomb the terrorist positions when there was another bombardment of Gaza. This year they acted on those threats.
They also are not targeting Tel Aviv, that is not in the list of targets for heavy attacks yet anyway. The light rockets from Gaza is enough for now. Instead Ansarollah is targeting a very strategic location in occupied Palestine that has never been targeted before. The southmost region called Eilat and the ports there. Specially since the fuel for the terrorists tanks and aircrafts is heading to that port coming from Baku with the help of Turkey.
I believe there has been 3 attacks already and they've all hit their targets successfully as reported by eyewitnesses; that is despite the Saudi + US + Egyptian + Jordanian attempts to stop them.

They are also targeting other bases of Israeli terrorists elsewhere such as the base in Eritrea they hit hard this past week.

You see it's like separation of concerns.
Palestine is involved in the land attack as the ground forces and have already repelled 8 attempts to invade Gaza (3 of which were US commandos or more specifically the Delta Force) and slaughtered the invaders.
Lebanon is slowly bombing all terrorist bases from the north and progressing every day.
Syria is focusing on occupied Golan Heights and have been bombing terrorist positions there.
Yemen is focusing on the South as I said above.
The rest (Iraq, Iran, Syria, North Africa, etc.) are focusing on US bases.

Resistance isn't run by Iran, they are friends of Iran each striving for the same goal.

That shouldn't be difficult at all though. Apart from the fact that the holy city of Quds or Beit od-Moqdas was the first qibla of Muslims and is currently occupied by those who regularly desecrate Al-Aqsa Mosque, the majority of population of Saudi Arabia are Sunni Arabs and should be the one supporting Sunni Arabs of Palestine. But in reality the Shia Persians of Iran are the only supporters of Palestine!

That's the problem with dictators that are either installed or backed by the West. They can not make any actual moves against Western interest even if all their population demanded it.

Technically they can't stop the attacks because if they could they would have stopped the attacks on Aramco for instance. But they are trying and have already intercepted some of them like the Yemeni drone that Egypt shot down a couple of days ago.
This caricature by an Arab artist says it all: https://www.talkimg.com/images/2023/11/01/tX4IW.jpeg

The cooperation between Israel and some of the Arab regimes is not new. Although if you want solid proof of this particular UAE participation there are none. We only have some reports from different sources. The one that made a lot of noise recently was the report by France24 channel. I couldn't find the full video but here is a mirror showing part of it in a Persian newspaper: https://ettelaat.com/00058P my Arabic isn't that good but it is talking about the "sellah" and "ta'erat al-emarati" which is the Emirati Weapons and Aircrafts.

The Iran's hegemonic strategy is a very complex one that is hard to explain. If I wanted to summarize it I'd say it is cancer treatment; it is to end occupation of Middle East by any foreign force. So Iran is already deeply involved, not just because we are talking about Iran's neighborhood but also because supporting the oppressed is part of Iran's constitution. And since the colonizers aren't going to end their occupation of the most resource filled region of the world peacefully, the "tumor removal" will be hurtful.

So why isn't Iran directly intervening in Gaza?
We have to first realize that the enemy is the biggest and most cunning propagandist in this world with full control over majority of the Western mainstream and social media. We are talking about Israel, an apartheid regime that murders thousands of children every day but fills the media with a fake news about Hamas having killed children using a deepfaked image! So the world needed to see the true face of Israel as a terrorist organization to first shatter that fake illusion they had created over the past decades. That seems to have happened already when we look at the large scale protests across the globe specially in the West like the last one that even reached United States Senate.
If Iran had entered from day one, the Israeli terrorists would have easily turned the public opinion around. For example they could simply blame the bombs they dropped on a Palestinian concentration camp yesterday that weighed a total of 6 tons on Iran saying it was an Iranian missile trying to hit them. But today the world sees this crime and knows it was Israel that murdered all those people in a blinking of an eye.

Another way of looking at it is that at the end of the day this is a Palestinian issue and if others intervened from day one, it would have turned it into THEIR war and Palestinian cause would have been forgotten and possibly erased forever. It needed to be Palestinian freedom fighters rising up against the invaders first before others could start helping (as they have been).

It needs to be added that Iran has always supported the legitimate struggle of Palestinians for freedom officially and loudly. Check out the last speech by the Iranian foreign minister in UN. The recent video of an advanced UUV released by Qassam brigade shows the quality of that support.
So for now Iran's support of Palestine will continue but direct intervention would remain outside Palestine focusing on CENTCOM (ie. Northern Africa and West Asia). For example if you check out Syrian and Iraqi news you can see the increasing number of attacks on US bases there with videos, something that is mostly censored in Western media.

That's true but things are changing real fast. For example last week Yemen was silent, now the battlefield is expanded by a radius of 2000 km overnight. So I'm just speculating here about possibilities based on what develops, after Friday this battle could be entirely different, from genocide of Palestinians halting abruptly all the way to US aircraft carriers sinking to the bottom of Mediterranean sea.

This is part of my Energy Crisis 2.0 topic but since this is a significant change, I placed it in a new topic which I may lock after Friday since we will enter a new phase with possibly significant changes after Friday.

A quick explanation of this map for a visualization of where everything is located.
Yemen is 1700 km away from the occupied Palestine and has dominance over the strait of Bab al-Mandab (where Gulf of Aden and Red Sea meet) and by extension can affect the Red Sea and the Suez Canal (green circle).
The significance of the sea region is shown with the yellow and black arrows. The yellow arrows mostly show the direction of the energy and resources heading to the West and the black arrows show the route for majority of Western exports (West meaning mainly Europe).


Over the past week Yemen officially entered the ongoing war in West Asia.
The first step was sending at least two light slow cruise missiles towards USS Carney, the US Navy destroyer in Red Sea as a warning that in case of intervention they will be sunk with heavier and faster anti-ship cruise missiles.
The second step was a small ballistic missile attack on Israeli terrorist bases in the southmost part of occupied Palestine, the Eilat port shown by the red circle.

What does this have to do with energy and consequently economy?
Well, this effectively expanded the war to the Red Sea and will affect the routes I drew on the map above.
Specially since US Navy is already present in the region and the terrorist ships entered Red Sea today and considering that they are all legitimate targets we could see the international trade disrupted in the coming days if those warships are attacked.
That means for example all the LNG shipments to Europe from Qatar would stop. Same with oil tankers and all other kind of shipments.

The other thing to consider is the possibility of Yemenis attacks expanding to include more legitimate targets in Saudi Arabia and UAE. Both oil rich countries and both legitimate targets because their coalition with US has invaded Yemen and it would only be retaliation according to international laws. Also legitimate targets because they both are helping the terrorist organization commit genocide in Palestine (eg. UAE fighter jets are reported to be participating in bombing Gaza in the past days).
That can translate into much more than just oil price rising, there will be oil shortage.

What's interesting is that oil price has not shown any significant reaction to the events of past couple of days.
Possibly because the routes have not yet been threatened by the presence of terrorists and their supporters. But we still need to wait and see what the next move is, this is only speculation for now.

Let me know what you predict.

What does that even mean?
At any time and any level of mempool spam/congestion, if you pay a high enough fee that your transaction is considered "high priority", it will be confirmed in the next block which can be in a couple of seconds if you get lucky.
That doesn't say anything about whether the mempool is empty or not.

The common word used is "fee" not commission. And the transition miners choose to include in the block depends on the fee and has absolutely nothing to do with the amount it is transferring.

Knowing programming in general helps but it is not mandatory to understand a lot of stuff in Bitcoin. There is nothing that you "should" learn because it all depends on your interests and how deep you want to dive. Try to start small because the amount of information is massive and you can get overwhelmed very quickly. A good place to start is the source I post at the end. You can move to learning programming in the second phase.

You don't need to run a full node if you want to learn more a bout Bitcoin at a technical level.
You also don't need to run a full node if you want to use bitcoin, you can use SPV clients such as Electrum that are light and don't consume that much space/traffic.

The best source in my opinion to get you started is https://github.com/bitcoinbook/bitcoinbook
For questions and more technical knowledge apart from this forum you can use the https://bitcoin.stackexchange.com/ site and the https://developer.bitcoin.org/ section of bitcoin.org website alongside the wiki https://en.bitcoin.it/wiki/Main_Page

That's odd.
The first address ending in wx is encoded using Bech32 (BIP-173) so it is wrong.
The second address ending in ty is encoded using Bech32m (BIP-350) so it is correct.

To OP: what tool returned that JSON in first image (containing the first address) because that's where the problem exists not with Blockstream explorer.

The explorer says P2TR based on the script (OP_1 <data>) not based on the address.
Also the address starting with tb1p means it is version 1 witness, you can not tell whether it correctly used the new encoding (Bech32m) for its encoding or not.
The only way to know that is to use a decoder to decode the address string and by verifying its checksum, figure out which version of Bech32 encoding was used.

OP didn't post the address string for me to check it myself and it is very hard to type it using the picture...

Exactly.
From a purely economical point of view, every decision you make in your business has costs and profits. For example when you decide to work with a foreign bank on the other side of the world you are effectively adding "overhead" to your business. Not to mention the extra burden on your company and employees dealing with complains from users who had trouble depositing funds because their banks didn't work well, which needs its own dedicated department. That is all on top of the extra work needed for all the AML nonsense they would have to enforce when dealing with fiat and foreign banks.

All this overhead is only acceptable IF it is bringing a decent amount of revenue. Which it doesn't seem to be. So by removing the overhead they would just deal with American banks or payment systems (when they pay using dollar instead of their own fiat) which is so much easer (with much less overhead) for an American company.

Fiat on itself is not a Ponzi scheme some economies of certain countries are Ponzi schemes though.
The best match is the United States economy that has been a Ponzi scheme for some years now. They keep printing money out of thin air and sell it to any idiot (including countries) who would buy that debt so that they can cover their ever increasing expenses and cover the massive budget deficits. Then because of interest rates they get themselves deeper into debt so they print more money to pay that debt too hence turning the whole thing into a Ponzi scheme.

This is exactly why the biggest fear that US regime has is dedollarisation!

You can't compare the value of shares, property, etc with value of Bitcoin which is a currency. They simply have nothing in common to be compared or use the same method to come up with the value of bitcoin.

But how do we measure value of bitcoin? I'd say it is very hard because it is decided based on supply and demand but demand is not something we can easily measure.

Some people keep suggesting to use "cost of mining" but what they forget is that bitcoin is not like something like gold that has a fixed cost of mining that is NOT affected by price of gold. Bitcoin cost of mining is affected by price of bitcoin. Which means if bitcoin is $1, the cost of mining it is just as low and if it is $1 million it will be just as high because the difficulty is adjusting based on hashrate which is increasing with the price.

Yes. Certain settings are a matter of preference that can be set by the node operator, such as the size of the mempool or even what transactions you accept in your mempool. For example the node I run is set to reject the spam attacks like the Ordinals Attack transactions.

Bcash is a joke not a currency. A copycat coin with nothing of value to offer. It can and should be used for storing arbitrary data, but that can not be extended to Bitcoin which is a currency.
There are a lot of other shitcoins that are designed to store arbitrary data and used for it too like bcashsv (the copy of the copy of bitcoin) which is a centralized shitcoin that is used to store very large files.

That's the same thing using different words. Bitcoin blockchain is a ledger to store records of monetary transfers not arbitrary data. Whether it is 1 byte or 1 kB is not going to change that.

It is arbitrary when it is stored in the Bitcoin blockchain. There are other cryptocurrencies that are designed to store data (Filecoin is an example of one) and should be used to do that. Then it won't be considered "arbitrary data".

Everything is working fine with bitcoin and the network is sufficiently decentralized with no concerns in the foreseeable future. We should not spam the chain today all based on a guess that there may be some problems in the future for users running nodes!
Not to mention that such spam is making bitcoin harder to use. Look at what Ordinals Attack did to bitcoin fees.

As Satoshi once said and I'm paraphrasing: "Not all utilities need to be offered by Bitcoin".
For example once people were arguing that Bitcoin should be used as a DNS lookup. But why should it all be in Bitcoin? Why not create a different project? That is when Namecoin was created...

Yeah it was an Eastern underdeveloped country that dropped two nukes on Japan or used nuclear munitions in Iraq, dropped the MOAB in Afghanistan or is currently using chemical weapons in Palestine
The Western "developed" and "democratic" and "human right loving" countries have never done such things.
/end of sarcasm

Speaking of China, some are predicting that they will start annexing Taiwan during the US election process...

From what I read here it sounds like it has nothing to do with volatility. It is about the fact that Valve couldn't (or maybe didn't want to) provide a service for its developers to automatically convert the price of their products into other currencies and they had to "hard code" it

It is possible that as an American based company didn't want to go through the process of exchange the other fiat currencies they receive to their local currency, dollar. They are jut cleaning up by removing "extra" options. Just like they did with Bitcoin!

P.S. After some google search I'm willing to bet that the fact that Turkey and Argentina combined didn't even crack the top ten countries in the list of top sources of revenues of Steam, played the key role in excluding their currencies. Percentage-wise these two countries combined won't even reach 0.1% of the total revenue
So yeah, it definitely had nothing to do with volatility...

Nah, it's just a weird decision they made for only P2PK outputs. For example if you had funds in P2WPKH address and checked the P2PKH address derived from the same key, the explorer still won't show you the balance in the P2WPKH address.

What they do is basically to take P2PK outputs and convert them to P2PKH. That's it!

There are a bunch of these types of little bugs in block explorers. For example majority of them count the 50BTC reward of Genesis block as the balance of its "address". For those who don't know this reward is not spendable so it should not be included as the balance.

Your concept is a failure in the title. Bitcoin is not a cloud storage to store arbitrary data and you should spend your time trying to improve it any other way that benefits its actual utility (ie. a payment system) rather than trying to create better ways to abuse the protocol and spam the chain!

I can see that happening and very easily too as if it were a piece of cake. But only under one condition: if they decrease the interest rates. The amount of money that floods the markets like bitcoin would shoot the price up, with the potential bitcoin already has $300k would only be the start.

El Salvador has had high inflation rates in the past even though they were using USD at that time too. The decreasing inflation rate (improving economy, decreasing crime rate, improving infrastructure, improving quality of life, decreasing unemployment, and a lot more) has a lot of other reasons that have nothing to do with using USD! It's all the works of their president who has good ideas and makes them happen.

Not to mention that there are many other countries that either use US dollar or peg their currency to the dollar. Many of them have high inflation rates like Zimbabwe (has been using USD ever since 2015) that had above 90% inflation from 2018 to 2022.

This is the biggest problem that the Bitcoin community suffers from and you just repeat the same mistakes in this topic too. The problem is people who introduce Bitcoin to others as something you should "invest in" so that you can "make profit" when it goes up! Of course anybody hearing such a description thinks bitcoin is a Ponzi scheme. What else are they supposed to think? Your topic here is also only talking about "opportunities" missed and "profit" that could have been made by you that is made by others.

That is NOT Bitcoin.

Bitcoin is the only existing decentralized currency that is working as it should; without being censored and without being broken. Of course being in the adoption phase means its value keeps going up, but "making profit" should not be the main reason why people adopt bitcoin.