*Anchetasuccess* You’re an incredibly hard worker who deserves this recommended…

Considering the woke circus of absurdity over the last 4 years, why can’t I just identify as “permanently tax exempt?”

Thanks Matt, great video but in regards to Ver’s book I don’t think you’ve captured the heart of his arguments. After reading it I’ve gone down a huge rabbit hole watching hours of old debates and reading old articles. I’ll I'm still learning but I'll try my best to summarize my understanding of the Big Block perspective, which I’m now nearly convinced is still relevant. 1. Bitcoin’s purpose isn’t just to make people rich it should be a freedom maximizing technology for normal people to escape the tyranny of central banks. 2. In order to do that Bitcoin should be more than just digital gold it should also be cash that’s spendable right now by the whole world creating a parallel economy outside of the banks’ control. 3. People need direct access to Bitcoin without having to go through KYC exchanges where they can be easily tracked or censored. Through a parallel economy they will get direct on-ramps daily. 4. With hundreds of millions of transactions-a-day, the ability for governments to track and censor everyone significantly decreases. 5. If we can’t use it cheaply, quickly and directly between each other no parallel economy can form meaning there is no direct access outside of expensive complicated mining. As a result everyone gets herded into KYC exchanges. This knee-caps Bitcoin’s revolutionary potential. 6. Lightning has claimed for years to be the solution for payments but still doesn’t work and never will because its design is flawed. (Evidently Nic Carter, who is a respected investor in Lightning companies, now basically says its a failure and its time to find new approaches.) 7. Therefore the best way to allow for high volume payments is and always has been to increase the block size. 8. There are three main arguments against this- 1) This will centralize nodes 2) This will cause a backwards incompatible hard fork 3) Once block rewards have diminished miner fees will drop too low to continue to incentivize miners unless blocks are full and transaction fees are high. 9. Counter Arguments 1) Node centralization due to increased block size isn’t a real problem because storage technology increases fast enough to counteract it. For example I can buy a 10TB drive for $100 right now, easily storing more than 10x the current blockchain at home. Storage rates and bandwidth (fiber, 6G, Starlink etc) increases will continue eventually completely outpacing the blockchain size necessary for Visa level payments. In time this will become a completely moot argument. 2) As long as a grandson can plug his grandpa’s old seed phrase into the new blockchain and still retrieve his old coins, a one-time hard fork isn’t really a problem. 3) Block rewards and high transaction fees will be replaced by super high transaction volume driving mining incentives. Millions of tiny fees add up enough to support the network. 10. In summary artificially limiting the bandwidth of the entire network to the equivalent of 1 jpeg worth of data every ten mins and keeping it that way forever, no matter how much technology improves, is kinda crazy.

This mic is better Matt

Why doesn't running a bitcoin node without using it for your own transactions not make any difference? I thought that more nodes existing outside of corporate and government structures, the safer the system becomes. Could you please expand as it is the first time I heard about that. Thank you

👀👀👀

whoever owns the most controls it, they will also will find a way to fork it if they want , Rothchilds could drive the price up anytime they want

Who actually writes your titles? You know that's all most people see. Nubes wont get the joke.🤨

So is there an official voting mechanism/platform where the stakeholders form a consensus by voting on proposed changes in the protocol?

Fellow maniac checking in

Brilliant content

M, thank you much for making & sharing your video. I learn something new each time I watch your videos. (Am not sure I understand it all, but bit by bit I'm getting the picture ;-) Am sharing the link to this video on Gab.

New microphones sound quieter, could you increase the gain?

Did you see that lady and that guy who stole $4 billion dollars worth of Bitcoin. I think the FBI caught up to them and the girl is only doing one year in prison which is crazy to me.😮

Then how are they controlling price action? Because, they are.

Good day Mate, I don't draw lines in the sand when it comes to TA, rules, lines , are broken all the time ,100% probability ? high probability yes anyway , I agree more than not with you I think 90% of gains will be made in bitcoin by April I have riot toping in march so the halving is condensing , bitcoin has to go higher and sell off farther down and reset for the next halving , that's why made new high earlier this time will be interesting to see the price structure when it resets,... I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months... I'm especially grateful to Sandy Barclay’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

You rock

Awesome job. Can you make a video on Chainlink? It's getting a huge following and my anarchocapitalist libertarian friends aren't shaken by the WEF associations of the shitcoin and its creator, also its proof of stake BS. I need help convincing them. And everyone likes a good shipcoin roast from you haha.

I love how black rock can’t lobby Bitcoin to get what it wants like it can with the government.

The bitcoin CEO aka the devs control it.

Very interesting content thank you

Michael Saylor is an inside man to destroy BTC. I’ll come back to this in the future.

Could GAI figure away to make a better BTC?

So is nothing ever going to be better

Great video 👏

How would we, as Bitcoin node operators, refuse to add blocks mined in excess of 21 M BTC?

Love the content, I prefer the previous mic 🎙️!

Talk about the ASS-load of bitcoin that just got lost in these fires. HW wallets and seed phrases burned up with no backup. Chisel your words in steel, friends!

"So when BCH forked away from BTC--" "A holder of 10 BTC was able to clam a free 10 BCH--" In other words the losing fork technically gets a pre-mine.

Wow didn’t know all that despite being a bitcoin holder. So running a node without using it for any transactions is in vain? Asking as I am running a node.

I’d like to hear more about running a node. Is it correct that there are different (newer/older) versions of the software that you can choose to run, kind of like how MacOS has different versions and you don’t necessarily have to run the latest version?

I just thought about the idea that black rock could possibly rug pull the ETF holders by forking Bitcoin and deciding that the ETFs would be backed by the forked Bitcoin. They already said something about it in the small print.

how much of your net worth is in BTC?

The argument that a node is not helpful if you are not runnning your transactions through it makes no sense . Even if you’re not currently transacting through your node, keeping your node online: 1. Boosts Redundancy: Every active node makes the network harder to attack. 2. Helps New Nodes Sync: Nodes rely on peers to download the blockchain. More active nodes mean faster and more reliable syncing for others. 3. Strengthens Bitcoin's Resilience: A high number of nodes makes it impossible for any single entity to gain undue influence over the network.

The Lord showed me this path, and now He’s guiding me further)) Thank you, Lord, for XRP, UNI, and Moonacy Protocol 🙏🏽))

Lol u talking about molloh now

You don't run the modified bitcoin node, I don't run the modified bitcoind but black run can run 10's , 100's ,1000's, 10,000's of new modified nodes and run all across the world, How we as a retail investor / node runner going to fight against giant corps ?

If you’re doing all the setup on a chrome browser isn’t that internet connected? How do you know the keys aren’t being sniffed? You just have to trust Trezor?

The Blocksize War is a great book.

Please talk about what's wrong with pruned nodes? I saw kaspa claiming pruned nodes are mathematically just as good. I saw the kas video but I want specifics on the pruned nodes are bad? Zipped files are just as good as regular files so is this the same?

At what point will bitcoin volatility be low

What do you think about the government moving its btc to Coinbase? Are we near the top ahead of schedule?

do you think that it can have a great positive impact in the price when Donald Trump becomes president in January 20th or the price is expected to be still or even keep falling down?? #dodl

It sure was scary times during the early days of bitcoin. I really don't blame ppl for not having diamond hands back then lol but to be honest, I believe majority of the worst days of btc are behind us

Hey Matthew, you may have covered this in a prior video, but I'm curious about how the OTC market works and why large purchases or sales in the OTC market doesn't seem to affect the retail market price of Bitcoin. Thanks

I really don't understand the obsession with staying behind. There has been research that proves you can limit the consensus data to a very small size, keep the UTXO set and enjoy a constant size ledger. There have been also new and better PoW protocols that can improve BTC's scalability without any security and decentralization tradeoffs Without these advancement in BTC, BTC is letting leading science to slip from its grip. Look up Mining in Logarithmic space, and various protocols like SPECTRE, and GHOSTDAG. but like how BTC's staying behind, the people who listen to you stay behind, so you won't bother.

At Swisstronik privacy is key in crypto trading, their platform has top tier security and end to end encryption.

So if you're running a bitcoin node, but don't use it for your transactions, your vote (software you're running) doesn't count?

Is there anything you can do about the bots?

That was a very interesting snap-shot of the 'Block-size wars'. You mentioned the possibility of a more in-depth video on this topic, which I for one would welcome, as I know very little about it, not having been involved with Bitcoin at that time. I think you asked yesterday about your sound quality - it is rather echo-y but perfectly audible.