TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out.

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent.

THE SAT STANDARD

MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #999: IT'S THE (FIAT) MONEY, STUPID. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of money, particularly how it can be used to accrue power if allowed to run amok, leads to some truly evil shit. A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #995: BIP 118 DISCUSSION HEATS UP At the end of the day, the activation of SIGHASH_ANYPREVOUT as described in BIP-118 would improve the Lightning Network by making channel management significantly easier and more robust. Things like lightweight Watchtowers - which ensure node operators aren't acting nefariously against their channel counterparts, and channel factories

- which

ISSUE #951: SPHINX CHAT IS DEUS EX MACHINA A freak described Sphinx as the Deus Ex Machina of the world right now. The stack that the team is building is INSANE. They are leveraging the Lightning Network to build an end to end encrypted chat app that sends messages over Lightning. Users connect their nodes to the app, or spin up a node in the cloud and connect that to Sphinx,

and begin

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out.

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent.

THE SAT STANDARD

MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #999: IT'S THE (FIAT) MONEY, STUPID. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of money, particularly how it can be used to accrue power if allowed to run amok, leads to some truly evil shit. A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #995: BIP 118 DISCUSSION HEATS UP At the end of the day, the activation of SIGHASH_ANYPREVOUT as described in BIP-118 would improve the Lightning Network by making channel management significantly easier and more robust. Things like lightweight Watchtowers - which ensure node operators aren't acting nefariously against their channel counterparts, and channel factories

- which

ISSUE #951: SPHINX CHAT IS DEUS EX MACHINA A freak described Sphinx as the Deus Ex Machina of the world right now. The stack that the team is building is INSANE. They are leveraging the Lightning Network to build an end to end encrypted chat app that sends messages over Lightning. Users connect their nodes to the app, or spin up a node in the cloud and connect that to Sphinx,

and begin

THE ROAD TO SERFDOM... Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts

by Marty Bent.

ISSUE #1010: THE IMF IS NOT HAPPY WITH EL SALVADOR Marty's Ƀent Issue #1010: The IMF is not happy with El Salvador. If we continue speaking up, we will win. I do not doubt this in the least

bit.

DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should

THE SAT STANDARD

The Sat Standard - April 24th, 2021. Thought of the week from Marty Bent: States are leading the way. This is a beautiful thing. Thought

of the

OWN THE FRAMING

Don’t fall for their framing built on lies. Own the framing using facts. Bitcoin brings objective truth to the world. As bitcoiners we should strive for objective truth beyond Bitcoin. ISSUE #993: MORE POOLS ARE SIGNALING TAPROOT Earlier today, viabtc began issuing work that signals for taproot. — Andrew Chow (@achow101) May 14, 2021 A few hours ago, @BinancePool started issuing work that signals for taproot. — Andrew Chow (@achow101) May 16, 2021.@btctop_official Just started issuing work that signals for taproot. It has gone on and off a few times in the past couple of minutes, so they may just be testing it. WE ARE LIVING THROUGH A MASS PSYCHOSIS. HOW DO WE TURN THE Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at having a civil society. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. BITCOIN HAS CRACKED THE TOP 10 IN TERMS OF M1 What's even cooler though is the fact that the price rise has pushed Bitcoin into the Top 10 global currencies as measured by M1 money stock by surpassing Canada. As I type these words, Bitcoin is hovering at a 1.18T cuck buck market cap, a bit higher than the reported figures in the screenshot above. If the upward price momentum

continues in

SHRINKFLATION IS HERE, TOO While overt price inflation is alarming, something that is equally as alarming and definitely more insidious in your Uncle Marty's mind is the rise of hidden inflation, or "shrinkflation". Above is an example of shrinkflation in the wild; two rolls of paper towels being sold at Costco at the same price, but with the end consumer getting less ARE WE AT THE PRECIPICE OF THE "SUDDENLY" PART OF CURRENCY A couple of weeks ago we touched on creeping inflation and shrinkflation as the American economy attempts to get back to normal. Today, I'd like to touch on a few things that have hopped across my radar since then that make me believe we are getting very close to the "suddenly" part of the "gradually, then suddenly" currency debasement.

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. THE ROAD TO SERFDOM... Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts

by Marty Bent.

DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out. ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

OWN THE FRAMING

Don’t fall for their framing built on lies. Own the framing using facts. Bitcoin brings objective truth to the world. As bitcoiners we should strive for objective truth beyond Bitcoin. THIS IS THE OPPOSITE OF OWNING THE FRAMING Marty's Ƀent Issue #998: This is the opposite of owning the framing. As bitcoiners we should be hyper-vigilant about these type of attacks

that start off as

A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. THE ROAD TO SERFDOM... Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts

by Marty Bent.

DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out. ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

OWN THE FRAMING

Don’t fall for their framing built on lies. Own the framing using facts. Bitcoin brings objective truth to the world. As bitcoiners we should strive for objective truth beyond Bitcoin. THIS IS THE OPPOSITE OF OWNING THE FRAMING Marty's Ƀent Issue #998: This is the opposite of owning the framing. As bitcoiners we should be hyper-vigilant about these type of attacks

that start off as

A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out.

THE SAT STANDARD

The Sat Standard - May 15th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts by Marty Bent. A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. THE PILLAGING NEVER ENDS Total disaster. — Leftist CEO 👨‍💼🌹 (@LeftistCEO) April 29, 2021. Some of you freaks are probably well aware of the insane upward price pressure the US real estate market has been experiencing over the course of the last year. Everyone and their mother has a story of a family member or friend who has recently ventured into the WE ARE LIVING THROUGH A MASS PSYCHOSIS. HOW DO WE TURN THE Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at having a civil society. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. "CYBER ATTACKS", A SCAPEGOAT? Jerome Powell is deflecting attention toward “cyber attacks”. Considers it a bigger risk than credit risk and inflation. The scapegoat is warming up in the bull pen. With the news of the Colonial Pipeline ransomware attack from over the weekend, your Uncle Marty can't help but think of all of the posturing from the "expert" class

in recent

ARE WE AT THE PRECIPICE OF THE "SUDDENLY" PART OF CURRENCY A couple of weeks ago we touched on creeping inflation and shrinkflation as the American economy attempts to get back to normal. Today, I'd like to touch on a few things that have hopped across my radar since then that make me believe we are getting very close to the "suddenly" part of the "gradually, then suddenly" currency debasement. SHRINKFLATION IS HERE, TOO While overt price inflation is alarming, something that is equally as alarming and definitely more insidious in your Uncle Marty's mind is the rise of hidden inflation, or "shrinkflation". Above is an example of shrinkflation in the wild; two rolls of paper towels being sold at Costco at the same price, but with the end consumer getting less

HASHRATE SHOCK

Late last week, the Bitcoin network experienced a hashrate shock as a number of coal plants were abruptly shutdown in Xinjiang province in China after an accident that at a plant that caused onsite deaths. Many are estimating that this has led to about 25% of total hashrate exiting the network which has, as should be expected, increased the

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. THE ROAD TO SERFDOM... Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts

by Marty Bent.

DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out. ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

OWN THE FRAMING

Don’t fall for their framing built on lies. Own the framing using facts. Bitcoin brings objective truth to the world. As bitcoiners we should strive for objective truth beyond Bitcoin. THIS IS THE OPPOSITE OF OWNING THE FRAMING Marty's Ƀent Issue #998: This is the opposite of owning the framing. As bitcoiners we should be hyper-vigilant about these type of attacks

that start off as

A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. THE ROAD TO SERFDOM... Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts

by Marty Bent.

DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out. ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the

MARTY'S BENT

Issue #999: It's the (fiat) money, stupid. "The love of money is the root of all evil." This is a very powerful quote that many misquote as "Money is the root of all evil." The love of. Marty's Ƀent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

OWN THE FRAMING

Don’t fall for their framing built on lies. Own the framing using facts. Bitcoin brings objective truth to the world. As bitcoiners we should strive for objective truth beyond Bitcoin. THIS IS THE OPPOSITE OF OWNING THE FRAMING Marty's Ƀent Issue #998: This is the opposite of owning the framing. As bitcoiners we should be hyper-vigilant about these type of attacks

that start off as

A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

TFTC

Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty's Ƀent. 1 TO 1,000 REAL QUICK Marty's Bent Issue #1. Here's the first two paragraphs of the first rag I ever wrote. I stayed up until 4am attempting to perfect the issue and probably spent eight hours in total writing and editing before scheduling it to be sent out.

THE SAT STANDARD

The Sat Standard - May 15th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts by Marty Bent. A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. THE PILLAGING NEVER ENDS Total disaster. — Leftist CEO 👨‍💼🌹 (@LeftistCEO) April 29, 2021. Some of you freaks are probably well aware of the insane upward price pressure the US real estate market has been experiencing over the course of the last year. Everyone and their mother has a story of a family member or friend who has recently ventured into the WE ARE LIVING THROUGH A MASS PSYCHOSIS. HOW DO WE TURN THE Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at having a civil society. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. "CYBER ATTACKS", A SCAPEGOAT? Jerome Powell is deflecting attention toward “cyber attacks”. Considers it a bigger risk than credit risk and inflation. The scapegoat is warming up in the bull pen. With the news of the Colonial Pipeline ransomware attack from over the weekend, your Uncle Marty can't help but think of all of the posturing from the "expert" class

in recent

ARE WE AT THE PRECIPICE OF THE "SUDDENLY" PART OF CURRENCY A couple of weeks ago we touched on creeping inflation and shrinkflation as the American economy attempts to get back to normal. Today, I'd like to touch on a few things that have hopped across my radar since then that make me believe we are getting very close to the "suddenly" part of the "gradually, then suddenly" currency debasement. SHRINKFLATION IS HERE, TOO While overt price inflation is alarming, something that is equally as alarming and definitely more insidious in your Uncle Marty's mind is the rise of hidden inflation, or "shrinkflation". Above is an example of shrinkflation in the wild; two rolls of paper towels being sold at Costco at the same price, but with the end consumer getting less

HASHRATE SHOCK

Late last week, the Bitcoin network experienced a hashrate shock as a number of coal plants were abruptly shutdown in Xinjiang province in China after an accident that at a plant that caused onsite deaths. Many are estimating that this has led to about 25% of total hashrate exiting the network which has, as should be expected, increased the

MARTY'S BENT

This madness needs to stop. And luckily for us, we have Bitcoin. Marty's Ƀent. Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

THE SAT STANDARD

THE SAT STANDARD

The Sat Standard - May 8th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts by Marty Bent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

THE SAT STANDARD

ISSUE #993: MORE POOLS ARE SIGNALING TAPROOT Earlier today, viabtc began issuing work that signals for taproot. — Andrew Chow (@achow101) May 14, 2021 A few hours ago, @BinancePool started issuing work that signals for taproot. — Andrew Chow (@achow101) May 16, 2021.@btctop_official Just started issuing work that signals for taproot. It has gone on and off a few times in the past couple of minutes, so they may just be testing it.

THE SAT STANDARD

Marty Bent. 27 Feb 2021 • 1 min read. Thought of the week from Marty Bent: Many forget that Bitcoin depends on hardware and physical infrastructure just as much as it depends on software. Thought of the week from Matt Odell: The SEC suspended trading in 15 stocks yesterday citing "questionable social media activity" while flexing their power A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #995: BIP 118 DISCUSSION HEATS UP At the end of the day, the activation of SIGHASH_ANYPREVOUT as described in BIP-118 would improve the Lightning Network by making channel management significantly easier and more robust. Things like lightweight Watchtowers - which ensure node operators aren't acting nefariously against their channel counterparts, and channel factories

- which

MARTY'S BENT

This madness needs to stop. And luckily for us, we have Bitcoin. Marty's Ƀent. Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap.

THE SAT STANDARD

THE SAT STANDARD

The Sat Standard - May 8th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts by Marty Bent. MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

THE SAT STANDARD

ISSUE #993: MORE POOLS ARE SIGNALING TAPROOT Earlier today, viabtc began issuing work that signals for taproot. — Andrew Chow (@achow101) May 14, 2021 A few hours ago, @BinancePool started issuing work that signals for taproot. — Andrew Chow (@achow101) May 16, 2021.@btctop_official Just started issuing work that signals for taproot. It has gone on and off a few times in the past couple of minutes, so they may just be testing it.

THE SAT STANDARD

Marty Bent. 27 Feb 2021 • 1 min read. Thought of the week from Marty Bent: Many forget that Bitcoin depends on hardware and physical infrastructure just as much as it depends on software. Thought of the week from Matt Odell: The SEC suspended trading in 15 stocks yesterday citing "questionable social media activity" while flexing their power A LETTER TO THE EDITOR Issue #996: A Letter to the Editor. My message to this particular freak and any of you who may be having similar thoughts is simple, the overall health of the "Bitcoin market" is better than it has ever been. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #995: BIP 118 DISCUSSION HEATS UP At the end of the day, the activation of SIGHASH_ANYPREVOUT as described in BIP-118 would improve the Lightning Network by making channel management significantly easier and more robust. Things like lightweight Watchtowers - which ensure node operators aren't acting nefariously against their channel counterparts, and channel factories

- which

ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should

THE SAT STANDARD

The Sat Standard - April 24th, 2021. Thought of the week from Marty Bent: States are leading the way. This is a beautiful thing. Thought

of the

THE SAT STANDARD

Marty Bent. 1 May 2021 • 2 min read. Thought of the week from Marty Bent: Bitcoin haters will become very very butt hurt throughout this decade. Thought of the week from Matt Odell: Authoritarian governments will attempt bitcoin bans. Free nations will prioritize monetary

competition.

THE SAT STANDARD

The Sat Standard - May 8th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. More posts by Marty Bent. ISSUE #993: MORE POOLS ARE SIGNALING TAPROOT Earlier today, viabtc began issuing work that signals for taproot. — Andrew Chow (@achow101) May 14, 2021 A few hours ago, @BinancePool started issuing work that signals for taproot. — Andrew Chow (@achow101) May 16, 2021.@btctop_official Just started issuing work that signals for taproot. It has gone on and off a few times in the past couple of minutes, so they may just be testing it. THIS IS THE OPPOSITE OF OWNING THE FRAMING Marty's Ƀent Issue #998: This is the opposite of owning the framing. As bitcoiners we should be hyper-vigilant about these type of attacks

that start off as

THE SAT STANDARD

Monday - Issue #959: 100M more individuals harmed by KYC/AML. Tuesday - Issue #960: DLCs, scaling sat streaming, & Tesla contributing to FOSS. Wednesday - Issue #961: Gradually, then suddenly: Authoritarianism. Thursday - Issue #962: The market for money IS the meta market. Friday - Issue #963: Don't let fear rule your life. BITCOIN FUNDAMENTALS PUMPING 5 May 2021 • 3 min read. As every TikTok star and their mother is screeching about Dogecoin's recent pump, there have been some strengthening fundamental indicators in Bitcoin. We'll spill some Internet ink to talk about them in today's rag. First up, the co-founder of f2pool, the second largest bitcoin mining pool in the world, made everyone BITCOIN HAS CRACKED THE TOP 10 IN TERMS OF M1 What's even cooler though is the fact that the price rise has pushed Bitcoin into the Top 10 global currencies as measured by M1 money stock by surpassing Canada. As I type these words, Bitcoin is hovering at a 1.18T cuck buck market cap, a bit higher than the reported figures in the screenshot above. If the upward price momentum

continues in

MARTY'S BENT

This madness needs to stop. And luckily for us, we have Bitcoin. Marty's Ƀent. Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at

THE SAT STANDARD

The Sat Standard - April 24th, 2021. Thought of the week from Marty Bent: States are leading the way. This is a beautiful thing. Thought

of the

MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. WE ARE LIVING THROUGH A MASS PSYCHOSIS. HOW DO WE TURN THE Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at having a civil society. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #939: BITCOIN CREATED ITS OWN CONCEPT OF TIME via dergigi.comWe've talked a lot about the beauty of Bitcoin's difficulty adjustment and why it is THE pivotal innovation that Satoshi brought to market. Bitcoin is the combination of a number of preexisting technologies with an added sprinkle of a 2,016 block difficulty adjustment for the proof of

HASHRATE SHOCK

Late last week, the Bitcoin network experienced a hashrate shock as a number of coal plants were abruptly shutdown in Xinjiang province in China after an accident that at a plant that caused onsite deaths. Many are estimating that this has led to about 25% of total hashrate exiting the network which has, as should be expected, increased the ISSUE #500: 500 DAYS OF BITCOIN Issue number 500. What a world. A lot has changed since June 8th, 2017, the day I started slinging this rag to anyone interested in reading my thoughts about Bitcoin. Brought into this world during the immediate aftermath of the now infamous New York Agreement, the Ƀent has served as a medium for me to document the happenings in and around Bitcoin as seen through my eyes. CAN THE FED FIX THIS? Since "The Plan" put forth by the people in charge is growth at all costs, it seems that they are looking to the Fed and its cohort of central banks around the world to step in and "fix" this problem with liquidity and lower rates. Hong Kong has already jumped ahead of the pack by offering helicopter money to its citizens in the wake of mass

BITCOIN MINING PORN

Over the course of the last week, we've been blessed with two very high quality research reports on Bitcoin mining. The first comes from our good friends Yassine Almandjra and Derek Hsue from ARK Invest and Blockchain Capital, respectively. These Penn alumni teamed up to give you freaks a comprehensive breakdown of the complete mining landscape.

MARTY'S BENT

This madness needs to stop. And luckily for us, we have Bitcoin. Marty's Ƀent. Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at

THE SAT STANDARD

The Sat Standard - April 24th, 2021. Thought of the week from Marty Bent: States are leading the way. This is a beautiful thing. Thought

of the

MINING PROFITABILITY MODEL via Anicca Research. Leo Zhang and Jack Koehler of Anicca Research are back with Part II of their The Intelligent Bitcoin Miner series. For this installment the two have teamed up with Karim Helmy from Galaxy Digital to produce a model that can help miners, and interested observers, attempt to illustrate different potential profitability

scenarios.

BITCOIN: FULFILLING THE VISION OF "WEB 3.0" Issue #954: Bitcoin; fulfilling the vision of "Web 3.0". It's getting increasingly hard for the grifting shitcoiners to justify the existence of their tokens in a world in which Sphinx and similar apps exist. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. WE ARE LIVING THROUGH A MASS PSYCHOSIS. HOW DO WE TURN THE Issue #980: We are living through a mass psychosis. How do we turn the tides? It is time to walk away from this madness, from this induced mass psychosis before we lose the chance at having a civil society. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #939: BITCOIN CREATED ITS OWN CONCEPT OF TIME via dergigi.comWe've talked a lot about the beauty of Bitcoin's difficulty adjustment and why it is THE pivotal innovation that Satoshi brought to market. Bitcoin is the combination of a number of preexisting technologies with an added sprinkle of a 2,016 block difficulty adjustment for the proof of

HASHRATE SHOCK

Late last week, the Bitcoin network experienced a hashrate shock as a number of coal plants were abruptly shutdown in Xinjiang province in China after an accident that at a plant that caused onsite deaths. Many are estimating that this has led to about 25% of total hashrate exiting the network which has, as should be expected, increased the ISSUE #500: 500 DAYS OF BITCOIN Issue number 500. What a world. A lot has changed since June 8th, 2017, the day I started slinging this rag to anyone interested in reading my thoughts about Bitcoin. Brought into this world during the immediate aftermath of the now infamous New York Agreement, the Ƀent has served as a medium for me to document the happenings in and around Bitcoin as seen through my eyes. CAN THE FED FIX THIS? Since "The Plan" put forth by the people in charge is growth at all costs, it seems that they are looking to the Fed and its cohort of central banks around the world to step in and "fix" this problem with liquidity and lower rates. Hong Kong has already jumped ahead of the pack by offering helicopter money to its citizens in the wake of mass

BITCOIN MINING PORN

Over the course of the last week, we've been blessed with two very high quality research reports on Bitcoin mining. The first comes from our good friends Yassine Almandjra and Derek Hsue from ARK Invest and Blockchain Capital, respectively. These Penn alumni teamed up to give you freaks a comprehensive breakdown of the complete mining landscape. ISSUE #1007: NATION STATES HAVE ENTERED THE ROOM #Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances. — Nayib Bukele 🇸🇻 (@nayibbukele) June 6, 2021 I’m writing this rag from the back of an Uber as I head to the DID THE FBI HACK BITCOIN? To me, the most impactful session at the Bitcoin 2021 conference last weekend was this ~30-minute recorded speech from Ross Ulbricht. Recorded over a collect call from the high security prison he is currently serving a double life sentence, Ross delivers an emotional speech about his intent behind the Silk Road, Bitcoin's success, and why we shouldn't take our freedom for granted and should

PODCASTS - TFTC

Podcasts. Tales from the Crypt is a podcast about Bitcoin hosted by Marty Bent. Rabbit Hole Recap is a weekly topical show co-hosted by Marty and Matt Odell. Subscribe.

THE SAT STANDARD

The Sat Standard The Sat Standard - May 15th, 2021. This week in bitcoin. Straight to the point. No bullshit. Every Saturday.

THE SAT STANDARD

Thought of the week from Marty Bent: States are leading the way. This is a beautiful thing. Thought of the week from Matt Odell: You should have more bitcoin than you had last week. Stay humble and stack. TOP STORIESBitcoin Optech #145Venmo adds bitcoin IOU support, no withdrawalsWeWork accepting bitcoin

CONTRIBUTE - TFTC

Subscribe to TFTC. Stay up to date! Get all the latest & greatest posts delivered straight to your inbox ISSUE #620: BITCOIN IS HELPING AT THE EDGES Issue #620: Bitcoin is helping at the edges. This analysis shows that Bitcoin is helping people at the edges. Allowing individuals to leverage a unique avenue through which they can extend their creativity. Marty Bent. Editor in Chief and Creative Director of TFTC; home of Marty's Ƀent, Tales from the Crypt, and Rabbit Hole Recap. ISSUE #995: BIP 118 DISCUSSION HEATS UP At the end of the day, the activation of SIGHASH_ANYPREVOUT as described in BIP-118 would improve the Lightning Network by making channel management significantly easier and more robust. Things like lightweight Watchtowers - which ensure node operators aren't acting nefariously against their channel counterparts, and channel factories

- which

ISSUE #754: THE DANGER OF THE COLLECTIVE "WE" This process hurts American citizens in two ways. As described above, it creates a transfer of wealth from taxpayers to the owners of financial assets. And to pour salt in the wound, it increases their eventual tax burden when there is an inevitable shortfall on ISSUE #983: TAPROOT ACTIVATION SIGNALING HAS STARTED Since miners started signaling over the weekend, 58 blocks of the 355 signaled support for Taproot. This is 2.9% of the last 2,016 blocks that have been mined and 16.3% of blocks added to the ledger since the last difficulty adjustment. To get activated via a miner activated soft fork, 90% of blocks mined within any 2,016 block period will need AN AGGREGATION OF CONTENT WE'VE MADE ABOUT BITCOIN AND OTHER STUFF.

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Current Price: $18,981.82 Current Block Height: 660189 Current Mempool Size: 18.78 vMB Current Difficulty: 19157154724710 RECENT POSTS RECENT PODS

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Marty's Ƀent

ISSUE #881: THE MISERABLE FIAT SHILLS ARE AT IT AGAIN This is something we should all be paying attention to as bitcoiners because it is a Trojan Horse to attempt to ban individuals from being able to run full nodes.

Fri Dec 04 2020

Marty's Ƀent

ISSUE #880: THE WORLD DISCOVERS BETTER MONEY I hope you're all stacking sats. For the sake of your future and for the sake of getting humanity back on track.

Thu Dec 03 2020

Marty's Ƀent

ISSUE #879: NOCOINER SALT ON THE RISE They will trot out the same old tired talking points that have been debunked time and time again over the years.

Thu Dec 03 2020

Marty's Ƀent

ISSUE #878: AN ARSONIST IS BACK TO RESTORE THE AMERICAN DREAM BY TURNING IT INTO A WOKE NIGHTMARE How do we expect to fix anything when we keep putting up with the literal definition of insanity?

Wed Dec 02 2020

Marty's Ƀent

ISSUE #877: COUNTER-PARTY RISK, TRUST MINIMIZATION, AND THE LIGHTNING

NETWORK

Slow and steady wins this particular race and Bitcoin seems to have an insurmountable lead when viewing success through this lens.

Mon Nov 30 2020

Marty's Ƀent

ISSUE #876: KEEP SWIMMING DOWN The third parties that interact with the protocol may be co-opted, but the protocol itself will remain pure and bereft of regulator taint.

Fri Nov 27 2020

Marty's Ƀent

ISSUE #875: PTLCS IN THE WILD Using PTLCs instead of HTLCs should significantly help with routing efficiency and privacy on the Lightning Network.

Wed Nov 25 2020

Marty's Ƀent

ISSUE #874: VIEWING HASHPOWER AS A PORTFOLIO There are many factors to take into consideration when building a

mining operation.

Tue Nov 24 2020

Marty's Ƀent

ISSUE #873: TAPROOT WEEK BEGINS These are the type of improvements that you want to see as an individual who believes in future in which the Bitcoin Network is at the heart of the global economy.

Mon Nov 23 2020

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