In the last Mempool article, I went over the different kinds of relay policy filters, why they exist, and the incentives that ultimately decide how effective each class of filter is at preventing the confirmation of different classes of transactions. In this piece I’ll be looking at the dynamics of the relay network when some nodes on the network are running different relay policies compared to other nodes. All else being equal, when nodes on the network are running homogenous relay policies in their mempools, all transactions should propagate across…
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A Sound Punt Is Released
For years, Bitcoin in Ireland has quietly simmered at the grassroots level—discussed in pubs and meetups, debated in Telegram groups, and occasionally splashed across headlines with predictable suspicion. But recently, the temperature is beginning to rise. With the release of “A Sound Punt: The Case for Ireland’s Interest in Bitcoin” by Bitcoin Network Ireland (BNI), and a weekend that sees both the Bitcoin Ireland Conference and Aontú’s Ard Fheis, it’s clear momentum is building on the Emerald Isle. A Sound Punt: A Paper for the Citizens of Ireland The new…
Read MoreThe Inverse Of Clown World”
Bitcoin: The Inverse of Clown World by Knut Svanholm and Luke de Wolf, Lemniscate Media, 175 pages, $25.00. This is a book review from The Mining Issue of Bitcoin Magazine Print. Get your copy here. — There is a similarity across the Bitcoin books published this [last] summer: They’re all about self-improvement and spiritual development. As a community, we seem to have moved on from writing about what money is, what it used to be, or how it operates in the modern world — or the specific ways in which…
Read MoreThe 14 Types Of People You’ll Definitely See At Bitcoin 2025
Loud. Friendly. Huggy. The Bitcoin Bro is your hype man for hyperbitcoinization. He doesn’t know what “joules per terahash” means, but he’s onboard for the vibes and will yell “Buy the dip!” during your panel Q&A. They party hard, orange-pill harder, and are basically Bitcoin’s version of a frat brother with a bull market pump tattooed on his calf. 🟧 Want to party with the Bitcoin Bros IRL? Secure your pass to Bitcoin 2025. No halving knowledge required. Slicker than a fresh seed phrase, this guy’s teeth are whiter than…
Read MoreAn Excerpt From The Satoshi Papers: A Nation Of Individuals?
It is the prospect of the sovereign individual that seems to most trouble the nation-state today. This odd threat perception has been the outgrowth of a political genealogy that, in the generations since the American Revolution, has increasingly come to equate the state with society while constellating the individual as the enemy of both. This equation would have been profoundly disconcerting to the founders of the American republic, who called forth a new national project precisely to preclude the abuses of an entrenched and predatory overclass—an aristocracy—that deemed itself the…
Read MoreSurreal And Immersive Art On Bitcoin & The Future Of Digital Expression
As the Bitcoin Conference 2025 approaches, set for May 27-29th at the Venetian in Las Vegas, digital artist Post Wook—known for her surreal, psychedelic landscapes that merge cosmic and natural elements—is set to bring her latest series, “The Astronomer’s Daughter” to a large audience of bitcoiners. In tribute to her father, a long-time NASA employee, this ordinals series uniquely merges satellite data and bitcoin block times, alongside seasonal and astronomical patterns such as the phases of the moon. Post Wook will showcase this work as part of both B25 and…
Read MoreProposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin
Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that the state’s Strategic Digital Assets Reserve can include up to one million bitcoin. The bill also states that the reason for establishing such a reserve is because “inflation has eroded the purchasing power of assets…
Read MoreCongressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin
On March 11, 2025, Rep. Ro Khanna gave a short but impactful talk at the Bitcoin Policy Institute’s Bitcoin for America summit. “Bitcoin is transformational for so many people around the world,” Rep. Khanna stated at the summit. “That is why the Democratic Party should be embracing it as something that can create financial empowerment for people not just in the United States, but around the world.” This is the type of message he’s been spreading for years now, and he’s urged his fellow Democrats to follow his lead. He’s…
Read MoreUS Treasury Removes Tornado Cash From OFAC Sanctions List
The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. “Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments, we have exercised our discretion to remove the economic sanctions against Tornado Cash as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury,” the Treasury Department stated. Quick Overview of the…
Read MoreECB Prepping The Ground For Digital Euro Launch
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ECB, shared this update at their latest press conference. “President Lagarde stressed that the digital euro is ‘more relevant than ever,’” the ECB tweeted. Lagarde emphasized that the Digital Euro, the EU’s CBDC solution, is set to launch in October 2025—provided it passes the legislative phase involving key stakeholders, including the European Commission, Parliament, and Council. Notably absent from…
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