Justin Bechler Profile picture
May 12 21 tweets 4 min read Read on X
⚠️Bitcoin Core defenders frame the OP_RETURN debate as overblown and irrelevant. They say Knots is poorly maintained and that all of this is just noise over a technical detail. But what they’re dismissing as noise is resistance to a dangerous shift in protocol culture. 🧵👇
The protocol is quietly being reshaped by developers aligned with VC-backed projects, while dissent is censored and filters are stripped away to make room for their payloads. But the pushback is coordinated now and announcements are coming that will make that clear.
Despite what they tell you, Knots is not a fringe codebase. It's 99.9% Core. The difference lies in its policy defaults, not its architecture. The real problem for Core defenders is that Knots prioritizes Bitcoin as money, and that makes it dangerous to those who don’t (them).
Core’s insistence that filters are ineffective ignores what is actually happening. In reality, Knots adoption has surged from 1% to over 8% of the public network. That’s a vote of no confidence in the way Core has mishandled this debacle.
Core defenders say filtering is pointless since spam can reach miners directly. That’s like saying locks are useless because doors can be kicked in. Most attackers still rely on mempool; the few who don’t, need access and privilege. Filters raise friction & that defends Bitcoin.
Core defenders say filtering is pointless since spam can reach miners directly. That’s like saying locks are useless because doors can be kicked in. Most attackers still rely on mempool; the few who don’t, need access and privilege. Filters raise friction & that defends Bitcoin.
Filters don’t stop all spam but they make it more costly, more inconsistent and less appealing. That’s why Citrea, Bitlayer, Alpen Labs, etc. are desperate to get rid of them. They want the cheapest, most consistent data path onto L1 so they can build parasitic sidechains. 💩
This isn’t just about technical direction, it's about whose interests Bitcoin Core serves. When Core developers are funded by the same VCs backing these L1 data-dependents and those same developers push protocol changes that benefit those projects, we notice.
Follow the money: Brink funds developers. Brink is backed by exchanges and rent-seeking parasites who benefit from “Bitcoin as platform.” Many of the projects pushing OP_RETURN expansion are financially tied to the same entities bankrolling Core development.
During this debate, critics were silenced on GitHub. Threads were locked. ACKs were inserted and quietly removed. Core didn’t win consensus, they manufactured it. The technical conversation was buried under social control, then called “resolved.”
The divergence between policy and consensus has never been a flaw, it's always enabled node operators to decide how they run their infrastructure. It gives the network resilience. Core is now calling that resilience a problem and they are proposing to eliminate it.
The plan removes the OP_RETURN limit and makes the change non-user-configurable. This strips node operators of choice, forces relay of unwanted data and shifts control over transaction propagation away from users and toward centralized defaults.
The projects pushing this are not small. Citrea needs 144 bytes per transaction just to operate fraud proofs. Alpen Labs and Bitlayer need consistent L1 access for their execution layers. All of this is data-hungry infrastructure being built for speculation, not for sound money.
Bitcoin is suffering a deliberate protocol shift in plain sight. Core’s culture has been compromised by people who see Bitcoin as a general-purpose settlement platform not a monetary network. They are reshaping mempool policy to normalize that shift & silence anyone who resists.
This PR is part of a broader direction. The same people who pushed "ordinals theory" bs are laying the groundwork to push even more junk into Bitcoin, aligning protocol policy with the interests of VC-backed projects that depend on bloating the base layer.
Knots is gaining traction because it gives users a tool to enforce node-level policy that protects Bitcoin’s monetary role. It lets users reject unwanted junk transactions and assert control over what their node relays, without waiting for permission from Core.
The economic majority is forming and the foundation is being laid through node defaults that shape incentives. Mempool policy defines where users draw the line. The fight will determine whether Bitcoin remains usable as money.
A real organization is forming behind the scenes. Tools are being built, coordination is underway and an announcement is coming soon about a serious defense of Bitcoin’s monetary purpose.
Until then, upgrade to Bitcoin Knots (takes minutes), reject Core’s capture and hold the line with those defending Bitcoin as money. Your node, your policy, and your choices matter more than ever. This will be the beginning of a counteroffensive. ✊
They have utter contempt for you. The other day it was “Bitcoiners are such trash” (Shinobi) now fLopp.eth 👇🏻

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More from @1914ad

May 11
⚠️Bitcoin Core spent the last week accelerating changes that undermine node sovereignty, shutting down dissent and ridiculing anyone focused on Bitcoin as money.

This thread lays out exactly what they’re doing and how you can push back. 🧵👇
The push to remove OP_RETURN limits serves one goal: opening the door for arbitrary data to flood the base layer. This shift turns Bitcoin from a monetary network into a general-purpose junk drawer for VC sidechains that couldn’t survive on their own.
Last week we literally saw crytpo VCs who have actively been building Ethereum on Bitcoin on stage defending all of this. How has no one been fired?! Image
Read 22 tweets
Apr 23
Most gold investors already understand that fiat currency is broken, inflation is theft and sound money is the only defense.

But too many continue to dismiss Bitcoin because they haven’t studied it (or worse, because Peter Schiff told them to).

This thread is for them. 🧵👇 Image
Gold deserves respect for surviving currency collapses, war, and regime changes. It taught us about scarcity and central banking risks but clinging solely to gold ignores reality. The world evolved; monetary assets have too.
Bitcoin perfectly embodies and extends gold's core principles. If gold provided the analog blueprint for sound money, Bitcoin delivers its digital implementation.

Understanding gold's importance means you also already fully understand Bitcoin's fundamental value proposition.
Read 20 tweets
Apr 20
Bitcoin was made for exactly what we’re seeing right now.

Gold is ripping, Treasuries are buckling, and central banks are slipping out the back door of the dollar system. The safe haven is failing.

What happens next? 🧵👇
Gold just broke $3,300. That’s a 39% rise in a year.

U.S. Treasuries are starting to behave more like junk debt than a safe haven, and central banks aren’t waiting around to see how it ends. They’re unloading bonds and shifting into gold.
This is a fracture in the system. The dollar was weaponized through sanctions, reserve freezes and SWIFT blacklisting and the message to the rest of the world was loud and clear. Now 30 countries are repatriating gold and 45 are trading outside USD.
Read 9 tweets
Apr 16
Forget the Strategic Bitcoin Reserve, it’s political fiction.

Here’s something real, bulletproof and actionable: BitBonds from VanEck

I dug deep trying to find holes. This thing holds water!

🧵👇 Image
Here’s the basic structure: U.S. issues a 10-year bond, 90% Treasuries + 10% BTC purchased at issuance. Investors get full BTC upside until hitting a 4.5% annualized return. After that, gains split 50/50 with Treasury.
Why does this make sense for investors? Convexity. You’re trading a modestly lower coupon for massive upside exposure to BTC. Breakeven BTC CAGR ranges 8–17% (depending on coupon). Image
Read 18 tweets
Apr 11
❌Cancel Amazon Prime.
⛔️Stop buying Chinese junk.

Here’s why Amazon’s not worth it, how to get Prime for free (if you must) and why quitting helps you, your wallet, and your country. 🧵 Image
Amazon has quietly become China’s favorite export machine. Over 75% of new sellers are Chinese companies flooding the site with cheap, low-quality garbage. You’re not saving money. You probably haven't even noticed but you’re just buying more junk you don't need, more often.
Amazon Prime used to be a valuable convenience but now it's nothing more than a loyalty tax.

Prices are higher. Shipping is slower.

And unless you’re ordering overnight deliveries like a maniac, it’s a straight-up loss.
Read 16 tweets
Apr 4
What if tariffs aren't the enemy but a catalyst for the ultimate hard money future? Trump's trade policy isn't just protectionism, it's a deliberate strategy to debase the dollar, reset the American economy and create perfect conditions for explosive Bitcoin adoption. 🧵 Image
2/25 I wrote about this before. Maybe come back to it later if interested. Now toss in the tariffs and it's even more interesting.
3/25 The strategy has historical precedent. We did it in the 1930s with Smoot-Hawley, Reagan did it to Japan in the 1980s. It's a classic American move during economic shifts. But this time I think it's a way bigger game plan than just protecting a few industries.
Read 25 tweets

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