bitcoinpierre
Pierre Rochard

5 year was arbitrary and has negative return in Dec 2022.
4 year does not have negative return but does put us at an all time low CAGR
https://image.nostr.build/d1bf1a71821ba98481054cad9970b62bfa89dd86b6e2e8266f51d22dcae32a37.png

2025-03-24 15:10:05 GMT

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We’re still at <1% adoption of bitcoin, the chart has a lot of room to run!

2025-03-24 15:09:15 GMT

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Agree, I’m very skeptical of diminishing returns

2025-03-24 15:08:20 GMT

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Also, that’s in a monetary tightening cycle. Big macro tailwinds over the next 5 years.

2025-03-24 15:05:32 GMT

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It inspires me

2025-03-10 15:55:59 GMT

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Sir, I am hanging out here!

2025-03-10 15:49:31 GMT

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Down bad, but ready to be so back

2025-03-10 15:46:39 GMT

X is down, nostr is never down.

2025-03-09 18:35:37 GMT

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We can agree to disagree, I think bitcoin changes their incentives, and that effect will grow over time.

2025-03-09 18:22:50 GMT

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Balance the budget by spending smarter, necessity is the mother of invention.

2025-03-09 18:09:24 GMT

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In other words, the dollar needs bitcoin, but bitcoin does not need the dollar.

2025-03-09 18:08:58 GMT

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SBR is Speculative Defense, which is why I’m in favor of it. I think the word “dollar” will become synonymous with “sats” when they reach value parity and every dollar is backed 1:1 by a sat in the SBR. Dollar won’t survive in its current form, it has to evolve. And we should want it to evolve so as to not rug everyone relying on it.

2025-02-24 22:09:56 GMT

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Afaik professional investors have to carefully read all of the SEC filings to already know the answers to those questions before purchasing securities.
One of the reasons I’m focused on BTC as savings technology.

2025-02-19 04:27:06 GMT

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“Never interrupt your enemy when he's making a mistake” 😂

2025-02-15 15:51:21 GMT

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Thank you 🙏

2024-09-20 16:46:30 GMT

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I agree there are good arguments to avoid getting into debt, I just don’t think “I have to persuade the lender to buy bitcoin instead of lending fiat” is a good argument.

2024-09-19 01:57:01 GMT

At the University of Wyoming’s Blockchain Stampede conference we did a deep dive on the value of Bitcoin, the role of mining, and how it balances electricity grids.
Thank you Matthew Skrlac for the invitation to speak and for organizing a great conference! https://image.nostr.build/c727c37f02ea7a02743e33b6e8c86b96efa4f5de17532d8e4648d694e8dc01c3.jpg

2024-09-18 01:35:55 GMT

“Free” was something I pushed for at Kraken, it simplifies for users, abuse can be detected, and routing fee revenue is greater than cost. #note1cft…pqe5

2024-09-12 20:07:04 GMT

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I have no concrete knowledge but that seems to be implied based on public information

2024-09-12 17:35:54 GMT

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I don’t have any insider info, but it seems like they had to outsource deposit/withdrawal functionality to a third-party due to regulations, and it seems like that third-party happens to not support Lightning. I don’t know if the lack of support is for regulatory reasons or just not a business priority.

2024-09-10 21:12:26 GMT

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Your claim was “Until further notice, Bitcoin is NOT censorship resistant.” I think you’ve appropriately backed off that claim to a more nuanced “there’s a risk of Bitcoin maybe not being censorship resistant in the future”

2024-09-10 21:10:37 GMT

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If you’re right they’ll get attacked, and if I’m right they will decentralize in response to that attack. That’s what I mean by anti-fragility of censorship resistance.
You’re welcome to pour resources into pre-emptively tilting at windmills, but I have to pushback when someone claims that Bitcoin is not censorship resistant when they have no censored transactions as evidence.

2024-09-10 18:40:42 GMT

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Transactions being censored is a hypothetical problem.
Mining can’t be monopolized, it’s the most competitive industry in the world.
Anyone can fabricate arbitrary centralization metrics and declare a hypothetical of theoretical censorship-resistance, for example 100% of hashrate is on planet Earth.

2024-09-10 14:49:43 GMT

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There’s a lot of hypothetical problems to be solved

2024-09-10 13:05:12 GMT

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Might just take longer to accumulate censored transactions in the mempool

2024-09-10 12:36:38 GMT

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I’m not good at price predictions 😂.
Game theory seems to be that censors won’t bother because the fee to overcome would be relatively low.

2024-09-10 12:26:00 GMT

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Censorship resistance is a dynamic, anti-fragile process, not a static feature. If there is censorship, people will pay higher fees to overcome it.

2024-09-10 03:35:19 GMT

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The metaphor is incorrect, because if a txid is censored, it just sits there in the mempool. Bitcoin is not destroyed, it’s not over, the transactor can simply CPFP/RBF until greedy miners defect.

2024-09-09 12:54:52 GMT

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You said it’s not censorship resistant, can you point to a txid that is currently being censored?

2024-09-08 19:41:28 GMT

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Ok, censor a transaction

2024-09-07 02:14:14 GMT

Today I recorded a podcast episode with @npub1r8l…x5dk - be sure to subscribe and give it a listen when it comes out!
We discussed a wide range of topics: savings technology, Lightning, government strategic reserves, and life philosophy
https://stephanlivera.com

2024-07-10 01:48:31 GMT

I still remember when I first saw a Max Keiser clip in 2011, he was talking about silver and JPM.
I never would have guessed that a decade later we would be together at the inauguration gala of El Salvador’s President. Hugely grateful for Max’s energy and humor, a hero of bitcoin! https://image.nostr.build/a27a5748fe24075223833b384a95510de22b29345874ab796ffa62bb9026d625.jpg

2023-06-06 04:15:12 GMT

Riot Platforms is awarding a research grant to the incredible Tobin Harding.
Tobin's proof-of-work in rust libraries continues to improve the developer experience and engineering quality. The easier it is to build software with #Bitcoin , the faster mainstream adoption happens! https://nostr.build/i/c28f33907a62870ccb9a135ab7ce6069718361c7a7b18a015835079146f564c6.jpg

2023-04-28 16:30:18 GMT

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What was the comedic punchline in your fun humorous post?

2023-04-18 17:52:29 GMT

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Thank you Natalie!

2023-04-17 21:06:13 GMT

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I’ll make another video!

2023-04-16 22:46:28 GMT

ICYMI Stephan Livera Podcast to correct NYTimes disinformation about Bitcoin mining
https://overcast.fm/+OBZn68ulk

2023-04-16 19:48:44 GMT

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Yeah, it was blipping, should be working now, I just tested it

2023-04-15 22:11:30 GMT

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Yes

2023-04-15 19:48:00 GMT

Excited to announce that Riot Platforms is working with TSTC to offer an intense 2-week bootcamp in Austin to start your career in Bitcoin mining!
👉 Apply for a Gideon Powell 🐐 scholarship here: https://forms.gle/fVZtgf7rhCp63nTP9
Starts on April 24th, please share for reach! https://nostr.build/i/nostr.build_b2dc3807ffe252b6ae9e23b741bcf955c669855630e25ce4ab47cda8824e1e63.jpeg

2023-04-15 19:13:16 GMT

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Yikes! Try again

2023-04-15 19:03:43 GMT

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Woah this bot is good 🤣😤🫠

2023-04-15 19:02:21 GMT

The fun and winning never ends with Bitcoin! 2023 off to a great start, and I’m not even talking about BTC/USD exchange rate. Just so many builders and educators making progress solving real problems.

2023-03-20 15:18:10 GMT

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🐸🏳️

2023-03-04 20:12:23 GMT

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Yes sorry, I didn’t realize BTC++ was already scheduled!

2023-03-03 22:58:51 GMT

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Oof TIL! I’ll reschedule

2023-03-03 22:36:10 GMT

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I forgot to update! Is it working now?

2023-03-03 22:35:50 GMT

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Now? Should be fixed!

2023-03-03 22:25:22 GMT

April 28th will be the first #Bitcoin Lightning Race in Austin, Texas!
Driver and spectator tickets 👇
https://bitcoinlightningrace.com

2023-03-02 22:35:34 GMT

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Agree! Thanks for elaborating, hyperbitcoinization is beautiful!

2023-02-26 03:49:45 GMT

I was recently a guest on the Bitcoin Layer podcast, we discussed Lightning, ordinals, and mining.
Let me know what you think!
https://podcasts.apple.com/us/podcast/pierre-rochard-bitcoin-has-never-been-more-exciting/id1650029331?i=1000601518409

2023-02-22 17:41:09 GMT

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You can turn off “assumevalid”

2023-02-22 14:48:36 GMT

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New nodes already ignore old witness data by default with the assumevalid flag. It’s safe because it’s been buried under years of proof of work.

2023-02-11 17:13:46 GMT

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You can safely delete old witness data

2023-02-09 20:27:21 GMT

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We are so early!

2023-02-09 20:27:08 GMT

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I bought my ordinals on Kraken, they sell literally billions of ordinals. Yes I made them in batches aka withdrawal transactions.

2023-02-09 15:36:45 GMT

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Yes, I HODL thousands of them!

2023-02-09 01:55:26 GMT

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Yes! 💯 agree

2023-02-05 21:57:17 GMT

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Don’t know, never used umbrel

2023-02-05 21:56:52 GMT

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Yes, longer IBD, but still not materially more difficult.

2023-02-05 20:38:44 GMT

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Glad this is being debated! Good for people to disagree.

2023-02-05 19:30:40 GMT

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Ordinals are “opt in”, monetary BTC users unaffected (other than marginal increase in block sizes but still within limit)

2023-02-05 19:01:25 GMT

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Not sure, there seems to be a lot of disagreement, I thought maxis were a cult echochamber?

2023-02-05 18:34:52 GMT

#no2x proved that miners and businesses don’t control bitcoin.
#uasf proved that developers don’t control bitcoin.
Ordinals and inscriptions proved that bitcoin maxis don’t control bitcoin.
Bitcoin is proven decentralized, there really is no second best!

2023-02-01 22:10:31 GMT

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Paid!

2023-02-01 22:05:40 GMT

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I think it would be helpful! Mine should be working now?

2023-02-01 20:29:47 GMT

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Agree, competition between clients and competition between relays will both be intense, to the benefit of the users!

2023-02-01 14:51:52 GMT

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Paid