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Same Money, Different Soul: why I build for Bitcoin Blake2b

Same Money, Different Soul: why I build for Bitcoin Blake2b

Bitcoin split in two in August 2026. Everyone who held bitcoin in self-custody now owns the same coins twice, once on Bitcoin and once on Bitcoin Blake2b. The money on both chains is identical: the same 21 million cap, the same keys, the same history. What differs is the governance. The new chain changed the proof of work after the miners ignored a rule that many users wanted, it limits data in blocks for one year, and it has no ETFs, no treasury companies and no institution funding its developers. It is also small and fragile. Its hashrate is far below Bitcoin's, it trades only on two thin no-KYC exchanges, most of its software is not audited, and three pools already mine most of its blocks. The duplicate coins show the core lesson. The big ETFs have contractually given up their fork coins, and Coinbase, which holds the keys for most of them, has said nothing. Only people who hold their own keys can really use the new coins, and anyone who moves old coins without replay protection may give away the other half without noticing. My own view is that sound money needs an exit when voice no longer works, and an exit is only real if normal people can run it at home. That is why I build software for Bitcoin Blake2b with TwentyOne.Life. I see it as insurance against capture, not as an investment, and I prefer to help build it while it is still small.

TwentyOne.LifeTwentyOneLife@primal.net
vor 1 Mon.1 mo ago13 Min.13 min
Noch keine Reaktionen.No reactions yet.InteragierenInteract: Same Money, Different Soul: why I build for Bitcoin Blake2b
How To Steal Bitcoin: The Landauer Attack

How To Steal Bitcoin: The Landauer Attack

Bitcoin's base layer was designed as a minimal, thermodynamically efficient ledger for value transfer. Over the past decade, a sequence of protocol changes and narrative shifts has progressively loaded the chain with non-payment data and institutional dependency. This report applies Landauer's principle, the thermodynamic cost of information, to Bitcoin's governance history, identifying a pattern of incremental complexity addition that threatens the protocol's core function as censorship-resistant money. The pattern is not hypothetical. It is documented in protocol commit histories, DOJ-released Epstein files, ETF prospectus language, and the public statements of the actors involved. The August 2026 BIP-110 activation window represents the first organized attempt to reverse this trajectory, and the institutional response to it reveals which actors benefit from the accumulated complexity.

exist270_@exist270.com
vor 3 Mon.3 mo ago15 Min.15 min
2 Reaktionen2 reactions42 Sats42 satsInteragierenInteract: How To Steal Bitcoin: The Landauer Attack
Die Abwicklung ohne Logo

Die Abwicklung ohne Logo

Deutschland wird nicht wie die DDR durch einen sichtbaren Staatsakt abgewickelt. Die moderne Abwicklung geschieht dezentral: über Kapitalmärkte, Standortentscheidungen, Investitionsverlagerungen und die Trennung mobiler Vermögenswerte von immobilen Verpflichtungen. Produktion, Patente, Kapital und Management können den Standort verlassen. Rente, Pflege, Infrastruktur, Kommunen und Schulden bleiben. Der Staat wird dadurch zunehmend zur Bad Bank eines Wirtschaftsmodells, dessen produktive Basis erodiert, während seine sozialen und fiskalischen Lasten weiter wachsen. Der Artikel verbindet die historische Treuhand, die Auflösung der Deutschland AG, Porsche und Volkswagen, BASF, Griechenland, globale Vermögensverwalter und den Ausbau administrativer Kontrollstrukturen zu einer gemeinsamen These: Die Abwicklung braucht keinen zentralen Plan und kein offizielles Logo. Die Architektur der Anreize genügt. Deutschland befindet sich dabei nicht am Anfang, sondern bereits in einer fortgeschrittenen Phase erschöpfter Puffer. Deshalb muss der Prozess nicht linear weiterlaufen. Sobald ein neuer Schock mehrere geschwächte Systeme gleichzeitig trifft, kann aus jahrelanger Erosion innerhalb weniger Quartale eine offene Neuordnung werden.

QuasseellQuasseell@primal.net
vor 3 Mon.3 mo ago28 Min.28 min
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BlackRock BITA ETF: The Bitcoin Income Fund That Sells Your Upside

BlackRock BITA ETF: The Bitcoin Income Fund That Sells Your Upside

BlackRock just launched a Bitcoin ETF that pays you a fat monthly check, and the pitch is irresistible: income on an asset that has never produced any. But that "yield" is not a dividend. It is your own upside, sold off in monthly installments. Here is what BITA is really charging you, and why the boring path still wins.

Bitcoin Wellbitcoinwell@btcw.app
vor 4 Mon.4 mo ago13 Min.13 min
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