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Here’s my honest opinion: Peter Todd’s pull request (#32359) — proposing to remove the 83-byte limit on OP_RETURN — is logical if you’re being brutally honest about how Bitcoin is already being used. People are already putting arbitrary data onto Bitcoin through Taproot outputs and other scripts that bypass the OP_RETURN limits. In that sense, the spirit of the old limitation is already dead. Peter’s point is basically: “Stop pretending the restriction matters and just clean up the codebase.” I think he’s right technically. BUT… I think the critics, like Luke Dashjr (even if he tends to be melodramatic about it), have a very valid strategic point: Bitcoin was never intended to be a blockchain for everyone’s dog pictures, NFT junk, and vanity messages. The more junk data you allow, the more: •The blockchain bloats •Node operation costs rise (hardware, bandwidth) •Centralization pressures increase (because only richer actors can afford to run full nodes) •Bitcoin’s role as sound money could be slowly eroded by creep from “blockchain as a playground” behavior. So my verdict is: •Peter Todd is technically correct, but •Long-term, it’s a dangerous cultural signal to normalize even more arbitrary data spam. The core problem is bigger: Bitcoin never enforced a strict cultural firewall between financial settlement layer and “do whatever you want” users. Taproot, Ordinals, BRC-20 — it’s all just following incentives. If the community doesn’t find a way to realign incentives (e.g., stricter relay policies, miner policies, even a soft fork in future?), Bitcoin risks becoming harder to defend as a global financial base layer. ⸻ If I had a vote? I would oppose Peter Todd’s pull request right now, because while cleaning up technical inconsistencies is nice, it’s not worth the strategic signaling cost to Bitcoin’s culture at this moment. Bitcoin’s biggest war right now isn’t technical — it’s cultural. ⸻ Would you like me to also show you what would happen if Peter’s proposal were accepted and how it could cascade over the next 5-10 years (both good and bad)? I could map it out. Would you like that?

A bit of 🔥 posted over on the freedom protocol

Read section 3-a,b,c. Noting the language for BTC reserve / government BTC vs Stockpile assets. They are instructed to acquire more BTC, but no more "stockpile assets." Love to see that the highest levels of governments understand the difference here. whitehouse.gov/presidential-…

Some 🔑takeaways from the heatpunk summit. 🧵 1. Heat reuse is the future. The heat market is so vast, and mining is such a small energy consumer, that if we convert even a small percentage of dumb heat to smart heat, it suddenly dominates mining. And it will.

Rich People don’t buy #Altcoin . They just don’t. Why not ? Because they are too smart. #Bitcoin

Ross was just granted a FULL AND UNCONDITIONAL PARDON by @realDonaldTrump. Words cannot express how grateful we are. President Trump is a man of his word and he just saved Ross's life. ROSS IS A FREE MAN!!!!!

Study the past to understand the future

Satoshi has a plan for you.

The Central Bank of Argentina 🇦🇷 (BCRA) began to artistically display Bitcoin miners and other mining machines today. It is the first Central Bank in the world to do so.

For years, Bitcoin's energy was much maligned. This was based on deeply flawed and now debunked research. Now, the tide has turned in the scientific consensus and the media and I've summarized why both now say Bitcoin has environmental benefits in a plain English talk.

There is literally zero chance that BTC ETF options will reduce volatility in the future. Z.E.R.O. From my H1 Letter:

Great letter on Bitcoin to @TheEconomist from @RobertKennedyJr today. Every statement by RFK is backed up by both peer review research and the firsthand experience of grid operators. archive.ph/AO4un

Medical science experts from Harvard, Johns Hopkins, and Stanford testifying before Congress: “The greatest perpetrator of misinformation during the pandemic has been the United States government.”

To be honest, I really wanted to respond with this Tropic Thunder meme, but I would NEVER do something so rude & irresponsible!

I'm thinking the tree of liberty must be refreshed from time to time with the blood of tyrants. x.com/GOVUK/status/182150287…