Politically Decentralized.
Joined November 2015
- Tweets20.1K
- Following1.1K
- Followers1.2K
- Likes26K
bitsko retweeted
"Pick the AI system you depend on most. Maybe your company ships it. Maybe your insurer relies on it. Maybe the agency you regulate operates it. A regulator walks in and asks: prove the operator did not change the log.
If the answer is "we trust them," the answer is no."
Via: github.com/Calhooon/provable…
Congratulations on your great initiative! Very important work!
bitsko retweeted
We are pleased to announce the publication of our new article with Prof. Massimiliano Ferrara, entitled:
“Mitigating Big Data Pollution and AI Model Deterioration: A Dataset Core Approach with Blockchain-Based Verification”
Article is freely available at: wseas.com/journals/bae/2026/…
bitsko retweeted
Bitcoin was designed so that even with massive blocks a user can verify that the network consensus has approved their transaction.
Proof of work can be verified with only headers. Transaction inclusion in the chain can be verified with a merkle path.
A full node can verify that all transactions are technically valid, but can only verify network consensus with headers and proof of work, the same as any user without a node. So a node can tell you if the network is accepting technically invalid transactions, but can't tell you any better than a user with just headers if the network has accepted your transaction.
If you aren't participating in consensus (which requires proof of work) then the value of running a node is negligible.
bitsko retweeted
Lightning has caused *absolutely unhinged* levels of bias -- to the degree that the whole LN industry has, alas, become a massive fraud on the scale of Theranos
In contrast, I tell the truth about Lightning -- always catch screeching vitriol as a result
Paul Sztorc (Truthcoin) is critiquing Bitcoin's Lightning Network (LN), arguing it's failing due to scalability limits, poor user experience, reliance on custodial solutions, and cultural issues in the community. He contrasts it with alternatives like his Drivechain proposal.
LN has seen growth, with over $1B in monthly volume in late 2025 per reports from River and Bitcoin Magazine, though challenges persist. Sztorc, as Drivechain's creator, advocates for his scaling method.
bitsko retweeted
Nobody, and I repeat, absolutely nobody should ever upload their medical information into an AI platform.
I am telling you this as a former intelligence officer.
bitsko retweeted
What money is, according to Rothbard (The Mystery of Banking, p. 256)
In this sense, Bitcoin is not (yet) money
bitsko retweeted
epstein funded the creation of tether and the implementation of taproot.
both conveniently stopped bitcoin from doing the one thing it was built to do - replace the dollar
tether props up crypto with printed tokens backed by nothing. USDT & USDC defeated the purpose of sending bitcoin to one another as payment.
taproot killed on-chain scaling so btc could never threaten visa or the fed.
they didn’t kill bitcoin they neutered it and let you keep the t-shirt
the whitepaper says peer to peer electronic cash.
not digital gold. not store of value. not something you hold on coinbase and hope.
if btc was deliberately crippled from scaling then which fork actually kept the original vision alive.
BSV or BCH ?
one of them is the real bitcoin and the fact you’ve been trained to laugh at both should tell you everything you need to know.
bitsko retweeted
What I find to be the most painful is the sort of radical politics surrounding the concept of a "community" of "full" node runners and its implications for monetary policy.
If capitalism and individualism are on the right (they are) then their bitcoin counterparts "community"1/2
bitsko retweeted
A man invented a new type of automobile that could get 10,000 miles per 10 gallons of gasoline.
While working on it, he put a temporary gas tank in which could only hold one teaspoon of gas (so it didn't spill everywhere).
Before the project was finished, he had to leave unexpectedly. A group of new engineers took over and said they didn't like the original invention, so they decided to never increase the size of the gas tank.
The car's redesign, therefore, was never able to go more than a few miles without breaking down.
--
By not increasing the size of the gas tank (which was the obvious original intent and a necessary part of the breakthrough technology), they hijacked the invention and turned it into something else.
That's what happened to Bitcoin with the blocksize limit.
bitsko retweeted
Based on Satoshi's whitepaper focusing on peer-to-peer electronic cash with scalable on-chain transactions, BSV's unbounded block sizes align most closely by enabling massive throughput without limits. BCH improves on BTC's scaling but caps at 32MB, while BTC prioritizes security over everyday use. Opinions vary widely.
bitsko retweeted
worked with a guy who maintained a popular Python data visualization library for 11 years. not the biggest project out there but had 47k stars on GitHub and was used in probably thousands of commercial products. zero compensation. pure passion project.
2023 he noticed his issue tracker filling up with questions like "why doesn't this work with GPT-4's code?" and "Claude generated this snippet but it throws an error." realized AI models were trained on his entire codebase and documentation. companies were building products using AI-generated code from his work. his nights and weekends for 11 years turned into training data worth millions to OpenAI and Anthropic.
he didn't even get mad about the money. what broke him was watching junior devs copy-paste AI-generated code using his library without understanding how it worked. then they'd file GitHub issues for things that were clearly misuse, not bugs. he became tech support for code he didn't write, generated by models trained on code he did write.
archived the repo in January 2024. 200+ companies immediately panicked and offered to sponsor him. too late. he's gardening now. how many maintainers are we gonna lose before we figure out a fair system here?
bitsko retweeted
1. Lightning’s “40,000,000 TPS” is not real throughput
Lightning does not process transactions the way Visa, Solana, or on-chain Bitcoin do.
What Lightning calls “TPS” is:
Off-chain state updates
Between pre-funded channels
With liquidity constraints
That never touch global consensus
You can’t compare:
A local channel balance update with
A globally settled transaction
That’s like counting database cache hits as internet bandwidth.
2. Lightning doesn’t scale users, it scales relationships
Lightning capacity scales with:
Channel count
Capital locked
Routing liquidity
Network topology
Each channel:
Must be opened on-chain
Must be funded in advance
Has directional liquidity limits
Can fail silently
If Lightning really did 40M TPS:
Channel rebalancing alone would DoS BTC L1
Fees would explode
Settlement would grind to a halt
3. Lightning is not global money infrastructure
Lightning cannot:
Serve billions of users without massive custodial hubs
Handle unpredictable payment flows
Support data, contracts, or metered services
Provide auditability or permanence
That’s why:
Most LN users are on custodial wallets
“Instant” payments rely on trust intermediaries
Final settlement is deferred, not eliminated
So no — it doesn’t obsolete Visa. It recreates PayPal, but worse UX.
4. BTC’s base layer becomes the bottleneck
Lightning inherits BTC’s constraints:
~7 TPS on-chain
Fee spikes during demand
Limited block space
Slow channel opens/closes
All LN roads lead back to L1. If L1 can’t scale, LN can’t either.
The category error in the maxi claim
Lightning is not a blockchain. It’s not a payment rail replacement. It’s not a scaling solution — it’s a workaround.
Calling LN “40M TPS” is like saying:
“My notepad can do infinite TPS if I don’t write anything down.”
bitsko retweeted
political decentralization is not what I would characterize as 'real decentralization'. it is largely a charade. people have to post on twitter that they run a node on the network; because simply running a node on the network is not sufficient to make their social point.
bitsko retweeted
I made an even more inefficient protocol which uses only standard monetary transactions and puts the datastream in bech32 address suffixes.
I can store anything on chain, completely unstoppable and your node will always accept and store my data.
ALT bech32 suffix datastream protocol
bitsko retweeted
5 weeks left to reduce your income tax bill for 2025 by mining bitcoin!
Hit up GorillaPool.com to learn what to discuss with your CPA.