Marty's Ƀent
Issue #731: Reflecting on the bear market
As we approach Bitcoin's third block subsidy halving, it is incredible to take a step back, scan the horizon, and review all of the incredible things that have been built.
As we approach Bitcoin's third block subsidy halving, it is incredible to take a step back, scan the horizon, and review all of the incredible things that have been built.
The natural recalibration built into the system to ensure its smooth operation will be seen as one of the most prolific inventions of the 21st century.
In an attempt to prevent Sybil attacks which aim to deprecate individual privacy by using a single entity to dominate CoinJoins with multiple inputs, fidelity bonds force "makers" to put skin in the game.
The right to transact privately is a God-given human right that should be guarded at all costs. As Bitcoiners, it is important that we fight for our right to CoinJoin
A couple topics of conversation that frequently pop up in the Ƀent are privacy and multisig solutions. When they are brought up it is usually because Uncle Marty is opining on the inherent shortcomings of what I deem to be imperative for the long-term success and survival of the Bitcoin network.
In case some of you freaks haven't heard yet, yesterday the market became aware that OFAC, the Office of Foreign Asset Control, had sanctioned two bitcoin addresses belonging to two Iranian men who have launched ransomware attacks for the last 5 years.
