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That's a fair analysis as far as I can tell. I expected a write up somewhere explaining things, but didn't see it. Like you say though, I also dig the funky/quirky/silly vibe. I can respect fun. But something about those characters is nightmarish. Looks like demented, delirious, trippin' out Thomas the Train.
(a) Claim success in (b) step 1 of the "process." Something like: "bip-110 successfully activated to defend from core's attempted hijacking of bitcoin as money. This is a process, a marathon not a sprint. This is how we win. Onward!"
sites for your fork watch party:
Signaling: https://wickedsmartbitcoin.com/bip110_signaling or https://bip110.rip/
More signaling: https://bip110.orange.surf/live.html
Fork visualization: https://fork.observer/
More visualization: https://forkwatch.tv/
cashu.me is awesome, I use it probably as much as any wallet, along with coinos.io. I'll be checking this app version even though I tend to prefer PWAs
Fair question, but no. Saying I'm not much of a gambler is an understatement. I'll put my casino limit of $1 in a slot machine, bet it all (yolo!), and walk away win or lose. That's how I roll. I do love horse racing, wrote about it at #973869 but again, have gone to the races solely to watch them and never even bet. My track max is $20, usually split with my wife.
I see on predyx a yes is for BIP-110 "happening" is 15 cents and no is 85. Since I lean no, thats not a great return on the risk...paying 85 sats for the chance to get 15. I'll just let my words stand for themselves. That's good enough for me.
I've got to say, I despise any video umping or challenges in baseball. any other sport, ok. Not baseball. let the ump call. i miss arguments as well. Its all part of the game.
My thinking/logic was the old adage "chalk is fair" but it wasn't touching the chalk, so, foul. The logic works, but I need to research the rule book.
Great research and article. I also overlooked Bohm with "Kicking the Hornet's Nest" as his emails were simply under the radar. I'll get them in for the next edition for sure.
I hope the name Nicholas Bohm grows in bitcoin familiarity. We need a Bohm Day.
You're right, of course, in that no one knows exactly how BIP-110 will play out. That's kind of like saying, "I'm not sure if it will rain tomorrow." We can make predictions, but we don't really know.
That said, you could say which one your favor, or which path will likely pan out. That's okay. Staying in the middle seems like playing both sides so that you don't get burnt one day.
I'll give my "position", for lack of better terms:
I tend to lean against BIP-110. Here's how I think it will pan out:
- early August, Knotsers reject a block, a "fork" happens, but nothing seems any different
- we now have two chains, though all seems the same; did anything actually happen?
- as time and blocks move on, there is becomes a discrepancy (as there are now two chains)
- one chain will need to distinguish itself, if only to simply explain the discrepancies that are in question
- so, now we have BTC (which we currently have) and the Knots BTC, call it KNOTSBTC
- people get confused at all this; they go to resources and look up bitcoin prices and such; undoubtedly, BTC refers to the Bitcoin, the current BTC that we know
- in fact, there is no KNOTSBTC on any exchange or media outlet to reference; people get more confused
- Just like with ETH after the DAO situation, we eventually wind up with two chains, two tickers: a large-and-dominant one (BTC) and a niche-one (KNOTSBTC). This is fine. Things go on, people will fuss and rant about the "real bitcoin", but's the reality will be that we simply have two chains: BTC and KNOTSBTC
- All of this questioning, bickering, infighting/"debate", is a hindrance to bitcoin evolving and growing. Normies and markets dislike discord.
All this said, I'm largely uninterested. Let's just let the market work this all out, as it eventually does with everything. Maybe that's your position Jimmy and I can respect that. I guess, as a default, I lean toward innovation over ossification. And, if it can be boiled down to those binary sides, I lean against BIP-110 for (1) allowing the free market to decide and (2) innovation over ossification.
The good news: we can just sit back, let it happen, watch with popcorn, and the free market and freedom in economics will work it all out.
I understand you here. Certainly, when the internet is gone (Iran, Venezuela after earthquake) and you want to "buy with bitcoin" right then, it's not useful. Doing an satellite tx or "on paper", though technically possible, isn't really practical in an I-need-it-now situation.
To be fair, the same is true for most of the way I purchase things now: credit card or debit. When things go stone age, we go back to sticks, rocks, and chickens.
Saw it on nostr. They're big Jack Dorsey fans there and berd was made by Block, so somebody put it out there.