BITCOIN IS UNDER ATTACK: BIP-444 EXPLAINED
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About this listen
On this episode of Hell Money, we dive into BIP-444, the latest and most deranged proposal from the Knots holy group. From limiting arbitrary data in Bitcoin transactions to re-defining what counts as a 51% attack, we unpack BIP-444 as the latest evolution in Bitcoin's Holy War.We explore:- What BIP-444 actually does- The Knots cult mindset and the psychology of Bitcoin fundamentalism- Dev tinkering vs maintenance- How to soft fork Bitcoin, 51% attack- Rob Hamilton’s BIP-444 prediction market- Western vs. Eastern numerology of 444- The myth-making, moralizing, and memes of KnotsGet bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SATSCARDS: https://shop.inscribing.com/products/ordinals-satscardTIMESTAMPS00:00 Intro, Election Day, Prop-50, gerrymandering4:00 State of Jefferson, California secession, Zohran Mamdani, rent control9:00 BIP-444, limiting arbitrary data in Bitcoin transactions24:00 How a soft fork works, re-defining a 51% attack30:00 Knots attack on Bitcoin33:30 Psychology of Knots fundamentalism & cult36:15 Success of Knots vs Bitcoin Core v3037:45 Rob Hamilton's BIP-444 prediction market41:15 Bitcoin core devs want to tinker and develop when they should be just maintaining44:50 Edits for BIP-444, 444 Western vs Eastern numerology50:00 Has BIP-444/Knots broken containment?51:20 Selling BIP-444 airdrop54:55 BIP-444 myth making57:50 Filter discussion has derailed all real technical discussion1:00:00 Legal & moral arguments1:06:00 Addressing the Swifties, humor is high consciousness1:08:00 Rehabilitating Mechanic and Luke's image on Hell Money Podcast