The Sat Standard - Bitcoin Weekly - July 24th 2021

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The Sat Standard
This week in bitcoin. Straight to the point. No bullshit. Every Saturday.
Thought of the week from Marty Bent:
The divide and conquer technique is being taken to a whole new level with the vaccine fear mongering.

Thought of the week from Matt Odell:
The rules of bitcoin are extremely hard to change. Anyone can access the network directly without a trusted third party. Owning more bitcoin does not give you more control over the network so all participants are on equal footing. This is why bitcoin has value.

The protocol must be hard to change with distributed control among many different types of stakeholders who value and defend it. This aspect of bitcoin is extremely difficult to replicate. Fixed supply and censorship resistance cannot be maintained without it.
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Marty's Ƀent - July 23rd, 2021 - Issue #1040

Friday, July 23, 2021

Friday, July 23rd 2021 - Issue #1040 The divide and conquer strategy is very strong right now I have to be at a wedding rehearsal in less than an hour, so this will be a very brief rag. The push to

Marty's Ƀent - July 22nd, 2021 - Issue #1039

Friday, July 23, 2021

Thursday, July 22nd 2021 - Issue #1039 They're coming for your wallets Here's a very interesting thread that you freaks should read through when you get a chance. (It's much longer than the

Marty's Ƀent - July 21st, 2021 - Issue #1038

Wednesday, July 21, 2021

Wednesday, July 21st 2021 - Issue #1038 It's a beautiful thing It truly is a beautiful thing. Humanity has been given a tool in the Proof of Work consensus mechanism driven by hashcash SHA256 and a

Marty's Ƀent - July 20th, 2021 - Issue #1037

Tuesday, July 20, 2021

Tuesday, July 20th 2021 - Issue #1037 A Chaumian Mint prototype emerges A few weeks ago, we wrote about the potential for Chaumian mints to improve Lightning Network wallets. Particularly custodial

Marty's Ƀent - July 19th, 2021 - Issue #1036

Monday, July 19, 2021

Monday, July 19th 2021 - Issue #1036 The attempts to inject the Travel Rule into the protocol level have begun All has been quiet on the the Travel Rule front for quite a while in these parts. The

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