debate – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 14 Sep 2025 01:28:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 debate – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 The debate behind SB 53, the landmark California bill trying to prevent AI from building nukes https://earlybirdsinvest.com/the-debate-behind-sb-53-the-landmark-california-bill-trying-to-prevent-ai-from-building-nukes/ https://earlybirdsinvest.com/the-debate-behind-sb-53-the-landmark-california-bill-trying-to-prevent-ai-from-building-nukes/#respond Sun, 14 Sep 2025 01:28:01 +0000 https://earlybirdsinvest.com/the-debate-behind-sb-53-the-landmark-california-bill-trying-to-prevent-ai-from-building-nukes/

When it comes to AI, as California goes, so goes the nation. The biggest state in the US by population is also the central hub of AI innovation for the entire globe, home to 32 of the world’s top 50 AI companies. That size and influence have given the Golden State the weight to become a regulatory trailblazer, setting the tone for the rest of the country on environmental, labor, and consumer protection regulations — and more recently, AI as well.

Now, following the dramatic defeat of a proposed federal moratorium on states regulating AI in July, California policymakers see a limited window of opportunity to set the stage for the rest of the country’s AI laws. In the early hours of Saturday morning, the California State Assembly voted in favor of SB 53, a bill that would require transparency reports from the developers of highly powerful, “frontier” AI models. The bill, which has passed both parts of the state legislature, now goes to Gov. Gavin Newsom to either be vetoed or signed into law.

The models targeted represent the cutting-edge of AI — extremely adept generative systems that require massive amounts of data and computing power, like OpenAI’s ChatGPT, Google’s Gemini, xAI’s Grok, and Anthropic’s Claude.

AI can offer tremendous benefits, but as the bill is meant to address, it’s not without risks. And while there is no shortage of existing risks from issues like job displacement and bias, SB 53 focuses on possible “catastrophic risks” from AI. Such risks include AI-enabled biological weapons attacks and rogue systems carrying out cyberattacks or other criminal activity that could conceivably bring down critical infrastructure. Such catastrophic risks represent widespread disasters that could plausibly threaten human civilization at local, national, and global levels. They represent risks of the kind of AI-driven disasters that have not yet occurred, rather than already-realized, more personal harms like AI deepfakes.

Exactly what constitutes a catastrophic risk is up for debate, but SB 53 defines it as a “foreseeable and material risk” of an event that causes more than 50 casualties or over $1 billion in damages that a frontier model plays a meaningful role in contributing to. How fault is determined in practice would be up to the courts to interpret. It’s hard to define catastrophic risk in law when the definition is far from settled, but doing so can help us protect against both near- and long-term consequences.

By itself, a single state bill focused on increased transparency will probably not be enough to prevent devastating cyberattacks and AI-enabled chemical, biological, radiological, and nuclear weapons. But the bill represents an effort to regulate this fast-moving technology before it outpaces our efforts at oversight.

SB 53 is the third state-level bill to try to specifically focus on regulating AI’s catastrophic risks, after California’s SB 1047, which passed the legislature only to be vetoed by the governor — and New York’s Responsible AI Safety and Education (RAISE) Act, which recently passed the New York legislature and is now awaiting Gov. Kathy Hochul’s approval.

SB 53, which was introduced by state Sen. Scott Wiener in February, requires frontier AI companies to develop safety frameworks that specifically detail how they approach catastrophic risk reduction. Before deploying their models, companies would have to publish safety and security reports. The bill also gives them 15 days to report “critical safety incidents” to the California Office of Emergency Services, and establishes whistleblower protections for employees who come forward about unsafe model deployment that contributes to catastrophic risk. SB 53 aims to hold companies publicly accountable for their AI safety commitments, with a financial penalty up to $1 million per violation.

“The science of how to make AI safe is rapidly evolving, and it’s currently difficult for policymakers to write prescriptive technical rules for how companies should manage safety.”

— Thomas Woodside, co-founder of Secure AI Project

In many ways, SB 53 is the spiritual successor to SB 1047, also introduced by Wiener.

Both cover large models that are trained at 10^26 FLOPS, a measurement of very significant computing power used in a variety of AI legislation as a threshold for significant risk, and both bills strengthen whistleblower protections. Where SB 53 departs from SB 1047 is its focus on transparency and prevention

While SB 1047 aimed to hold companies liable for catastrophic harms caused by their AI systems, SB 53 formalizes sharing safety frameworks, which many frontier AI companies, including Anthropic, already do voluntarily. It focuses squarely on the heavy-hitters, with its rules applying only to companies that generate $500 million or more in gross revenue.

“The science of how to make AI safe is rapidly evolving, and it’s currently difficult for policymakers to write prescriptive technical rules for how companies should manage safety,” said Thomas Woodside, the co-founder of Secure AI Project, an advocacy group that aims to reduce extreme risks from AI and is a sponsor of the bill, over email. “This light touch policy prevents backsliding on commitments and encourages a race to the top rather than a race to the bottom.”

Part of the logic of SB 53 is the ability to adapt the framework as AI progresses. The bill authorizes the California Attorney General to change the definition of a large developer after January 1, 2027, in response to AI advances.

Proponents of the bill were optimistic about its chances of being signed by the governor should it pass the legislature. On the same day that Gov. Newsom vetoed SB 1047, he commissioned a working group focusing solely on frontier models. The resulting report by the group provided the foundation for SB 53. “I would guess, with roughly 75 percent confidence, that SB 53 will be signed into law by the end of September,” said Dean Ball — former White House AI policy adviser, vocal SB 1047 critic, and SB 53 supporter — to Transformer.

But several industry organizations rallied in opposition, arguing that additional compliance regulation would be expensive, given that AI companies should already be incentivized to avoid catastrophic harms. OpenAI has lobbied against it, and technology trade group Chamber of Progress argues that the bill would require companies to file unnecessary paperwork and unnecessarily stifle innovation.

“Those compliance costs are merely the beginning,” Neil Chilson, head of AI policy at the Abundance Institute, told me over email. “The bill, if passed, would feed California regulators truckloads of company information that they will use to design a compliance industrial complex.”

By contrast, Anthropic enthusiastically endorsed the bill on Monday. “The question isn’t whether we need AI governance – it’s whether we develop it thoughtfully today or reactively tomorrow,” the company explained in a blog post. “SB 53 offers a solid path toward the former.” (Disclosure: Vox Media is one of several publishers that have signed partnership agreements with OpenAI, while Future Perfect is funded in part by the BEMC Foundation, whose major funder was also an early investor in Anthropic. Neither organization has editorial input into our content.)

The debate over SB 53 ties into broader disagreements about whether states or the federal government should drive AI safety regulation. But since the vast majority of these companies are based in California, and nearly all do business there, the state’s legislation matters for the entire country.

“A federally led transparency approach is far, far, far preferable to the multi-state alternative,” where a patchwork of state regulations can conflict with each other, said Cato Institute technology policy fellow Matthew Mittelsteadt in an email. But “I love that the bill has a provision that would allow companies to defer to a future alternative federal standard.”

“The natural question is whether a federal approach can even happen,” Mittelsteadt continued. “In my opinion, the jury is out on that but the possibility is far more likely that some suggest. It’s been less than 3 years since ChatGPT was released. That is hardly a lifetime in public policy.”

But in a time of federal gridlock, frontier AI advancements won’t wait for Washington.

The catastrophic risk divide

The bill’s focus on, and framing of, catastrophic risks is not without controversy.

The idea of catastrophic risk comes from the fields of philosophy and quantitative risk assessment. Catastrophic risks are downstream of existential risks, which threaten humanity’s actual survival or else permanently reduce our potential as a species. The hope is that if these doomsday scenarios are identified and prepared for, they can be prevented or at least mitigated.

But if existential risks are clear — the end of the world, or at least as we know it — what falls under the catastrophic risk umbrella, and the best way to prioritize those risks, depends on who you ask. There are longtermists, people focused primarily on humanity’s far future, who place a premium on things like multiplanetary expansion for human survival. They’re often chiefly concerned by risks from rogue AI or extremely lethal pandemics. Neartermists are more preoccupied with existing risks, like climate change, mosquito vector-borne disease, or algorithmic bias. These camps can blend into one another — neartermists would also like to avoid getting hit by asteroids that could wipe out a city, and longtermists don’t dismiss risks like climate change — and the best way to think of them is like two ends of a spectrum rather than a strict binary.

You can think of the AI ethics and AI safety frameworks as the near- and longtermism of AI risk, respectively. AI ethics is about the moral implications of the ways the technology is deployed, including things like algorithmic bias and human rights, in the present. AI safety focuses on catastrophic risks and potential existential threats. But, as Vox’s Julia Longoria reported in the Good Robot series for Unexplainable, there are inter-personal conflicts leading these two factions to work against each other, much of which has to do with emphasis. (AI ethics people argue that catastrophic risk concerns over-hype AI capabilities and ignores its impact on vulnerable people right now, while AI safety people worry that if we focus too much on the present, we won’t have ways to mitigate larger-scale problems down the line.)

But behind the question of near versus long-term risks lies another one: what, exactly, constitutes a catastrophic risk?

SB 53 initially set the standard for catastrophic risk at 100 rather than 50 casualties — similar to New York’s RAISE Act — before halving the threshold in an amendment to the bill. While the average person might consider, say, many people driven to suicide after interacting with AI chatbots to be catastrophic, such a risk is outside of the bill’s scope. (The California State Assembly just passed a separate bill to regulate AI companion chatbots by preventing them from participating in discussions about suicidal ideation or sexually explicit material.)

SB 53 focuses squarely on harms from “expert-level” frontier AI model assistance in developing or deploying chemical, biological, radiological, and nuclear weapons; committing crimes like cyberattacks or fraud; and “loss of control” scenarios where AIs go rogue, behaving deceptively to avoid being shut down and replicating themselves without human oversight. For example, an AI model could be used to guide the creation of a new deadly virus that infects millions and kneecaps the global economy.

“The 50 to 100 deaths or a billion dollars in property damage is just a proxy to capture really widespread and substantial impact,” said Scott Singer, lead author of the California Report for Frontier AI Policy, which helped inform the basis of the bill. “We do look at like AI-enabled or AI potentially [caused] or correlated suicide. I think that’s like a very serious set of issues that demands policymaker attention, but I don’t think it’s the core of what this bill is trying to address.”

Transparency is helpful in preventing such catastrophes because it can help raise the alarm before things get out of hand, allowing AI developers to correct course. And in the event that such efforts fail to prevent a mass casualty incident, enhanced safety transparency can help law enforcement and the courts figure out what went wrong. The challenge there is that it can be difficult to determine how much a model is accountable for a specific outcome, Irene Solaiman, the chief policy officer at Hugging Face, a collaboration platform for AI developers, told me over email.

“These risks are coming and we should be ready for them and have transparency into what the companies are doing,” said Adam Billen, the vice president of public policy at Encode, an organization that advocates for responsible AI leadership and safety. (Encode is another sponsor of SB 53.) “But we don’t know exactly what we’re going to need to do once the risks themselves appear. But right now, when those things aren’t happening at a large scale, it makes sense to be sort of focused on transparency.”

However, a transparency-focused bill like SB 53 is insufficient for addressing already-existing harms. When we already know something is a problem, the focus should be on mitigating it.

“Maybe four years ago, if we had passed some sort of transparency legislation like SB 53 but focused on those harms, we might have had some warning signs and been able to intervene before the widespread harms to kids started happening,” Billen said. “We’re trying to kind of correct that mistake on these problems and get some sort of forward-facing information about what’s happening before things get crazy, basically.”

SB 53 risks being both overly narrow and unclearly scoped. We have not yet faced these catastrophic harms from frontier AI models, and the most devastating risks might take us entirely by surprise. We don’t know what we don’t know.

It’s also certainly possible that models trained below 10^26 FLOPS, which aren’t covered by SB 53, have the potential to cause catastrophic harm under the bill’s definition. The EU AI Act sets the threshold for “systemic risk” at the smaller 10^25 FLOPS, and there’s disagreement about the utility of computational power as a regulatory standard at all, especially as models become more efficient.

As it stands right now, SB 53 occupies a different niche from bills focused on regulating AI use in mental healthcare or data privacy, reflecting its authors’ desire not to step on the toes of other legislation or bite off more than it can reasonably chew. But Chilson, the Abundance Institute’s head of AI policy, is part of a camp that sees SB 53’s focus on catastrophic harm as a “distraction” from the real near-term benefits and concerns, like AI’s potential to accelerate the pace of scientific research or create nonconsensual deepfake imagery, respectively.

That said, deepfakes could certainly cause catastrophic harm. For instance, imagine a hyper-realistic deepfake impersonating a bank employee to commit fraud at a multibillion-dollar scale, said Nathan Calvin, the vice president of state affairs and general counsel at Encode. “I do think some of the lines between these things in practice can be a bit blurry, and I think in some ways…that is not necessarily a bad thing,” he told me.

It could be that the ideological debate around what qualifies as catastrophic risks, and whether that’s worthy of our legislative attention, is just noise. The bill is intended to regulate AI before the proverbial horse is out of the barn. The average person isn’t going to worry about the likelihood of AI sparking nuclear warfare or biological weapons attacks, but they do think about how algorithmic bias might affect their lives in the present. But in trying to prevent the worst-case scenarios, perhaps we can also avoid the “smaller,” nearer harms. If they’re effective, forward-facing safety provisions designed to prevent mass casualty events will also make AI safer for individuals.

If Gov. Newsom signs SB 53 into law, it could inspire other state attempts at AI regulation through a similar framework, and eventually encourage federal AI safety legislation to move forward.

How we think about risk matters because it determines where we focus our efforts on prevention. I’m a firm believer in the value of defining your terms, in law and debate. If we’re not on the same page about what we mean when we talk about risk, we can’t have a real conversation.

Update, September 13, 2025, 11:55 am ET: This story was originally published on September 12 and has been updated to reflect the outcome of the California State Assembly vote.

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Analysts Debate Which Cryptocurrency to Invest In Before the Next BTC Halving and Eye MUTM’s $0.035 for Key Reasons https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/ https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/#respond Sat, 13 Sep 2025 16:17:18 +0000 https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/

Last updated: 

Every four years, Bitcoin (BTC)’s halving reshapes the crypto market. Each event reduces block rewards, limiting new supply, and history has shown that such shifts often trigger large rallies across the entire digital asset space. With the next halving approaching, analysts are once again debating which altcoin could mirror past breakout runs. As crypto charts show a mixture of consolidation and sporadic pumps, the question of why crypto is down in some sectors while others prepare to surge has never been more relevant. Among the names surfacing in this conversation, Mutuum Finance (MUTM) is drawing growing attention thanks to its presale momentum and unique design.

A Presale Building Momentum Before the Supply Shock

Presale dynamics matter because halvings tend to ignite altcoin rallies from the ground up. Mutuum Finance (MUTM) is currently priced at $0.035 in Phase 6 of its presale, with over $15.6 million already raised and more than 16,200 holders onboard. This stage is already 38% sold out, and the arrival of Phase 7 will lift the price by 15% to $0.040. For investors watching capital rotate into crypto ETF products and mainstream headlines, this represents one of the last discounted opportunities to enter before a market-wide supply crunch begins.

An example illustrates the excitement: a user who exchanged ETH during Phase 1 for MUTM has already seen paper gains multiply by the time Phase 6 arrived. Such stories are driving FOMO across communities, where traders recognize the difference between stagnant portfolios and tokens gathering traction ahead of a major market event. Unlike ADA or XRP, which are often criticized for flat returns, MUTM is pairing narrative with measurable progress.

Mutuum’s appeal also lies in its lending and borrowing design. In the Peer-to-Contract system, users will pool assets like USDT, ETH, or BTC into audited smart contracts, with interest rates dynamically adjusting to usage. A lender depositing BTC will receive mtBTC, representing their share of the pool plus accrued yield. Borrowers will be able to post assets as collateral to access liquidity without selling, such as locking $1,000 worth of SOL to borrow up to 75% of that value while keeping exposure to SOL’s future appreciation.

For assets with higher volatility, like DOGE or PEPE, Mutuum Finance (MUTM) will feature a Peer-to-Peer framework where lenders and borrowers negotiate directly. This separation shields core pools from risk while still offering opportunities for higher returns on speculative assets. It is this dual-lane approach that is turning heads, especially among those looking to diversify strategies ahead of Bitcoin’s next supply shock.

Risk Management, Security, and Roadmap Catalysts

Presale hype is only as strong as the foundation supporting it. Mutuum Finance (MUTM) is integrating disciplined risk controls that will safeguard its ecosystem from the volatility that defines crypto markets. Loan-to-Value ratios will vary by asset type: stablecoins and ETH will support up to 75% LTV with liquidation thresholds of 80%, while riskier tokens will be capped near 40% LTV and liquidated around 65%. Reserve factors will further secure liquidity pools, ranging from 10% for low-risk assets to as high as 38% for volatile ones. This ensures the system can absorb shocks while rewarding those who participate.

For added confidence, Mutuum has already undergone a CertiK audit, scoring 90 on token scan and 78 on Skynet. Security is further reinforced by a $50,000 bug bounty program that incentivizes developers to uncover vulnerabilities before they reach the market. At the community level, a $100,000 giveaway has been launched to reward early adopters, while over 12,000 followers on Twitter signal an expanding base of believers in the project’s roadmap.

Momentum is expected to accelerate with the upcoming beta launch, which will let users test core features live. Layer-2 integration will reduce costs and increase speed, while anticipated listings on exchanges will introduce MUTM to a wider audience. With a projected listing price of $0.06, early investors are positioning themselves to capture multiples similar to Ethereum’s formative years when it transitioned from niche asset to global mainstay.

As the countdown to Bitcoin’s halving continues, analysts agree that positioning early in assets with clear use cases is crucial. Mutuum Finance (MUTM) is aligning presale growth, security, and DeFi mechanics with a pivotal moment in the market cycle. For investors scanning crypto charts for the next big mover, the presale price of $0.035 represents more than just a number—it represents an opportunity to ride the wave of a halving-fueled rally with a project designed to thrive long after the event.

For more information about Mutuum Finance (MUTM), visit the links below:

Website: https://www.mutuum.com

Linktree: https://linktr.ee/mutuumfinance


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Mehdi Hasan vs. fascists, and how Jubilee’s debate videos fry our brains https://earlybirdsinvest.com/mehdi-hasan-vs-fascists-and-how-jubilees-debate-videos-fry-our-brains/ https://earlybirdsinvest.com/mehdi-hasan-vs-fascists-and-how-jubilees-debate-videos-fry-our-brains/#respond Tue, 22 Jul 2025 09:32:07 +0000 https://earlybirdsinvest.com/mehdi-hasan-vs-fascists-and-how-jubilees-debate-videos-fry-our-brains/

Editor’s note, July 21, 2025, 2:15 pm ET: A recent Jubilee featuring journalist Mehdi Hasan, titled “1 Progressive vs 20 Far-Right Conservatives,” went viral on social media. In the video, some of the far-right conservatives Hasan debated refer to themselves as fascists, which has created controversy online. To learn more about Jubilee’s video strategy and the trend of combative political debate videos, check out the story below, originally published on October 10, 2024.

It seems as though the country has been engaged in one long screaming match since 2016. Go on YouTube or scroll through X and that feeling gets a face. Videos claiming that someone “silenced” or “destroyed” another party in a discussion about politics abound on social media. There are now nearly unavoidable clips of conservative personalities like Charlie Kirk and Ben Shapiro arguing with college students at liberal universities or leftist commentators on their social platforms. Meanwhile, videos of random folks with polar-opposite political views sitting in a dark room arguing over hot-button issues — and often saying wildly offensive or misinformed things — are on the rise.

At the end of September, a YouTube video titled, “Can 1 Woke Teen Survive 25 Trump Supporters” went viral, drawing attention for its absurd, Battle Royale-like premise. In two weeks, it had accumulated 9.6 million views. The video sees 19-year-old liberal TikTok pundit Dean Withers (a.k.a. the “woke teen”) thrown into a lion’s den of young, zealous Trumpers eager to prove him wrong. One by one, he argues with his opponents across a table about reproductive rights and Kamala Harris’s bona fides. One clip where he appears to stump a woman during a discussion about abortion and IUDs garnered millions of views on X.

This is just one of the contentious and extremely clicky scenarios explored by the media company Jubilee in its popular YouTube series “Surrounded.” The series’ setup looks like a satire of what debate has become in the age of Trump: extremely competitive, theatrical, and unbalanced (literally and emotionally) to boot. What should theoretically be an exchange of facts and logic has become the ultimate bloodsport for a certain type of “thought leader” often happy to traffic in opinions and distorted truths. These oral pugilists are more interested in some online-only version of “winning” than having meaningful discourse.

Across the political spectrum, there has proven to be an appetite for watching people shout at each other. These on-air clashes have been the bread and butter of cable news networks like CNN and Fox News. Still, these filmed debates mostly promote the pessimistic notion that the US is too polarized to be saved. They’re frequently a front-row seat to all the misinformation, conspiracy theories, and regressive attitudes polluting the political landscape and affecting people’s daily lives. So why can’t we stop watching them?

In the Trump era, liberal vs. conservative face-offs are everywhere

While this critique has certainly been amplified in the Trump era, the observation that public debate has become a circus is not exactly new. You can go back decades; in the 2000s, Jon Stewart (fairly) disparaged Crossfire; in the ’90s, Saturday Night Live parodied the unproductive and shouty nature of political panel show The McLaughlin Group and, later, The View. However, in the digital age, this kind of content has been mass-produced and even more degraded. You no longer have to watch CNN or programs like Real Time With Bill Maher to see opposing parties talk over each other and manipulate facts. Instead, you can go to the New York Post’s website to watch two random people shout about the legitimacy of the Black Lives Matter movement in a series called “Face Your Hater” or watch a group of strangers argue about traditional and modern masculinity on Vice’s YouTube channel.

Ryan Broderick, a freelance journalist who writes the newsletter Garbage Day, began noticing these viral confrontations ramping up after the Obama era, a period that saw a growing cultural backlash to progressive policies and rhetoric (i.e., the Tea Party movement) and eventually culminated in Trump’s election. This was a time when liberals and moderates were encouraging each other to “reach across the aisle” and talk about politics with their Trump-supporting relatives during holidays. He describes these filmed social experiments as an “impulse from extremely naive digital media companies.”

“That whole style of content got really popular because there was this impulse coming out of the Obama years that we could bypass all the unpleasantness of the last 10 years if we could just talk to each other,” said Broderick.

Some of these videos are at least designed as slightly more benevolent attempts to see if two supposedly opposing identities can find common ground or at least engage in a civil conversation. The YouTube channel Only Human has a series called “Eating With the Enemy” where two people from different backgrounds — like a drag queen and a Catholic priest, for example — share a meal while discussing political issues, like gay marriage.

Others, like Vice’s popular “Debate” series on YouTube, can get a little more dramatic and heated, like watching a daytime panel show or a scene from Real Housewives. Even with a moderator guiding the discussion, they aren’t exactly designed with the goal of finding middle ground or even having one side convince the other of their argument. Rather, they feel like useless surveys meant to convey our country’s deeply divided climate. For instance, one debate between a group of “anti and pro feminists” arguing over a slew of women’s and trans issues ends with some of the participants talking to the camera about their experiences. Ultimately, they leave more affirmed in their established beliefs than moved by other arguments.

Jubilee’s “Surrounded” series feels more like a MrBeast-inspired game show in its pure stuntiness. Even the way the channel highlights the number of people debating against one another resembles his excessive model. The prompts displayed in the top corner of the videos — like “trans women are women” or “Kamala Harris is a DEI candidate”— aren’t rigorous or challenging. They feel primed to become “rage bait” clips meant to get viewers excited or angry, to the tune of millions of clicks.

Still, this content is sort of genius in the way it attracts and satisfies a range of audiences because there’s typically someone you can agree with and believe made the better argument. For instance, someone can watch Jubilee’s video of Charlie Kirk being schooled by college students with more educated arguments and still, if they’re a fan of his, believe he won the debate. Broderick says that Jubilee, despite the pugnacious nature of their videos, inadvertently creates this sort of “feel-good centrist” content designed for everyone.

“I can’t fathom watching this and thinking that Charlie Kirk looks good,” says Broderick. “But from what I’ve seen of right-wingers watching this stuff, they’re like, ‘Oh yeah, he’s the one that’s making sense.’”

Online debates have become a successful way to self-brand

Conservative pundits, in particular, have taken online debate culture to competitive and self-serving extremes. The phrase “debate me, bro” has become largely associated with the very online and combative community of right-wing commentators, like Dinesh D’Souza and Steven Crowder — a.k.a. the guy in the “change my mind” meme — who are constantly challenging liberal politicians, women, or practically anyone who disagrees with them on the internet to verbally spar.

For personalities like Kirk, Ben Shapiro, and Jordan Peterson, these videos have become a promotional tool to prove their authority in the marketplace — or, more precisely, battlefield — of ideas. Given that many of them host debates or upload in-person confrontations on their media platforms, they’re able to edit or advertise themselves as outsmarting their opponents. For instance, the YouTube channel for Turning Point USA features videos of Kirk supposedly “destroying” “arrogant” and “naive” students on liberal college campuses on his speaking tours. These videos are not actually about producing an interesting dialogue but rather humiliating their opponents and highlighting their supposed stupidity.

Leftists, like YouTuber Destiny and livestreamer Hasan Piker, have also gained visibility and clicks via their eagerness to argue with conservatives. Journalist Max Read, who writes the newsletter Read Max, says that, when it comes to these chronic debaters, the line between “self-promotion and movement-building” can be very thin.

“I can understand the idea that you’re not just boosting your own profile; you’re boosting the profile of your politics and trying to bring more people into it,” says Read. “However, I’m inclined to be more generous to YouTubers who make explanatory response videos than join debates.”

Dean Withers, who’s participated in several Jubilee videos, hosts livestreams on TikTok where he debates with users about political subjects. He also posts solo responses to right-wing talking points. He says he understands people’s criticism around his debate content as clicky and unproductive. However, he says he uses these exchanges as opportunities to educate his audience.

“The main prerogative of my platform is to inform the people watching the debates that I have on what the issues are, why they matter, and why you should agree with me,” he says. “I know that getting my opponent to agree with me is more than likely to never occur.”

For someone, like Withers — who was in middle school when Trump was elected and whose political consciousness was developed in the social-media age — debating with strangers online may just seem like an obvious approach to activism. Research has found, though, that this phenomenon may create a more toxic picture of how humans engage in political discourse.

Political boxing matches might be entertaining, but they don’t reflect how we communicate in reality

A March study found that political debates on social media often give the impression of a climate that’s more combative and divided than it actually is. Specifically, research found that Americans are more likely to argue over political topics with people they know and trust, like family and friends, than strangers on the internet, and often leave these interactions with positive feelings.

University of California Berkeley professor Erica Bailey, who co-authored the study, says these intense, Jubilee-like debates “almost never happen in real life.”

“While these debates can seem ubiquitous because we’re constantly being fed them through our screens, my research has found that the typical American debates hot-button issues infrequently,” she says. “Of the most common topics, like vaccines, reproductive rights, and policing, only about half of Americans have debated these topics in the last year.”

On the rare occasion that you may be forced to defend a political stance, it can still be a pretty daunting task and cause feelings of anxiety. This seems to be one of the reasons we can’t stop watching these videos. On the whole, these exchanges seem generally unpleasant, but it can provide a sense of relief to watch an expert — or someone who claims to be an expert — confidently expressing their opinions.

“When you engage in debate, you often find out all the ways in which your knowledge and understanding is incomplete,” says Bailey. “Watching debate videos is cathartic because we get to cosplay as an excellent debater who can articulate our position with ease. It also helps that these clips are certainly edited to show us the most persuasive moment of the exchange.”

Humans also just tend to engage more with content that elicits a strong emotional response. It’s one of the reasons even the most obvious “rage bait” is hard to avoid on social media, whether you’re the type of person who would ordinarily click on it or not. This behavior, plus algorithms that boost this sort of controversial content, has created a cycle of doom content we can’t escape.

While content like Jubilee’s abounds, the staginess and over-produced structure of these videos underlie a comforting truth: This level of antagonism surrounding political discourse may be clicky but it is thankfully not natural.

“It might be surprising given the state of polarization,” says Bailey. “But humans are typically wired toward social cohesion. In the end, we really don’t want to fight; we want to belong.”

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US Lawmakers Start ‘Crypto Week’ With 3 Digital Asset Bills Up for Debate https://earlybirdsinvest.com/us-lawmakers-start-crypto-week-with-3-digital-asset-bills-up-for-debate/ https://earlybirdsinvest.com/us-lawmakers-start-crypto-week-with-3-digital-asset-bills-up-for-debate/#respond Tue, 15 Jul 2025 08:25:54 +0000 https://earlybirdsinvest.com/us-lawmakers-start-crypto-week-with-3-digital-asset-bills-up-for-debate/

Lawmakers in the US House of Representatives are preparing to review three proposed laws related to digital assets.

The review is part of what Republican leaders are calling “crypto week”, with discussions kicking off in the House Rules Committee.

The three proposals on the table are the Anti-CBDC Surveillance State Act, the Digital Asset Market Clarity Act (CLARITY Act), and the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act).

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Several Democratic lawmakers have proposed changes necessary to reduce conflicts of interest in the crypto industry. Representative Maxine Waters of California put forward four alternative versions of the GENIUS Act.

Her proposals raised concerns about potential self-dealing by public officials, particularly those associated with President Donald Trump. Waters pointed to President Trump’s ties to World Liberty Financial (WLFI) and its USD1 stablecoin, along with the Official Trump meme coin, as examples of potential conflicts.

One of her amendments would block any president, vice president, member of Congress, or their close relatives from owning or promoting cryptocurrencies. Another would prevent the US Treasury from recognizing stablecoin rules in any country whose leader has referred to themselves as a dictator.

On the other side, Republican Representative Warren Davidson of Ohio suggested adding protections for individuals who use hardware or software wallets to hold their own digital assets. His amendment repeats language already included in the CLARITY Act, aimed at supporting personal control over crypto holdings.

Recently, Stand With Crypto, an advocacy group affiliated with Coinbase



$4.6B

, urged US lawmakers to pass the CLARITY Act. What did the group say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Bitcoin gains ground in gold vs. crypto debate https://earlybirdsinvest.com/bitcoin-gains-ground-in-gold-vs-crypto-debate/ https://earlybirdsinvest.com/bitcoin-gains-ground-in-gold-vs-crypto-debate/#respond Sun, 13 Jul 2025 12:24:10 +0000 https://earlybirdsinvest.com/bitcoin-gains-ground-in-gold-vs-crypto-debate/

When gold maximalist Debra Robinson jeered, “Imagine paying $118k for a set of man-made numbers,” she echoed a familiar skepticism among precious metal enthusiasts. Lyn Alden, a respected macro analyst and Bitcoin bull, responded with pragmatic advice:

“Precious metal enthusiasts could buy a bitcoin position of like 5% of their metals position. That hedges their risk of bitcoin gradually taking market share, so they can go to the beach and forget about the asset forever. Plenty of folks have recommended that for years.”

Why gold maximalists should take note

As of the time of writing, Bitcoin was trading at just under $118,000, having recently hit new all-time highs, reflecting global economic uncertainty and inflation concerns.

The “set of man-made numbers” now has a market capitalization that exceeds $2.2 trillion, putting it ahead of silver and making it one of the world’s most valuable assets, and 100 public companies, including BlackRock and Strategy, collectively hold nearly 1.3 million BTC, about 6% of the total supply.

In fairness to Debra, gold has also favored well of late, trading close to its record high of just over $3,500 at $3,355 an ounce. However, Alden’s 5% allocation suggestion is not about abandoning gold, but about risk management.

For a gold holder with $100,000 in metals, a $5,000 position in Bitcoin acts as a hedge against the risk that Bitcoin continues to eat into gold’s traditional role as a store of value.

This small allocation to Bitcoin can provide upside exposure if Bitcoin continues to outperform; even a modest position can have a significant impact on total portfolio returns.

If Bitcoin fails, as many gold maximalists absolutely believe it will, the loss is limited to a small fraction of the overall portfolio. As Alden puts it:

“They can go to the beach and forget about the asset forever.”

Echoes from the past: Bitcoin from a historical perspective

Vijay Boyapati, author of The Bullish Case for Bitcoin, offered a historical perspective. He commented:

“I was recommending this in 2013. At that time, I viewed Bitcoin as insurance against gold. Now I view gold as insurance against Bitcoin.”

Boyapati’s comment reflects the dramatic shift in Bitcoin’s perceived risk profile over the last decade. What was once a speculative hedge for gold bugs has, for many, become the main event, with gold now playing the supporting role.

Not everyone is convinced, however. CryptoSlate reported on the ongoing debate over gold vs Bitcoin yesterday, when notorious Bitcoin skeptic Peter Schiff came out to criticize the number-one crypto asset once more. Despite Bitcoin’s new highs, Schiff recently urged investors to sell BTC and buy silver, arguing that:

“Bitcoin remains a risky bet, while silver offers more upside and minimal downside.”

Yet, as corporate and institutional adoption of Bitcoin accelerates, Schiff’s warnings increasingly fall on deaf ears.

Allocating even a small percentage of a metals portfolio to Bitcoin is a rational hedge against being blindsided by technological change, and as Boyapati stated, the logic of hedging with Bitcoin has only grown stronger as adoption, liquidity, and institutional interest have surged.

Gold maximalists may scoff at the idea of paying six figures for man-made numbers, but the numbers don’t lie: Bitcoin’s rise is reshaping the store-of-value landscape. As Lyn Alden and Vijay Boyapati suggest, a modest Bitcoin allocation is not just speculation, it’s prudent risk management in a rapidly evolving world.

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BoDoggos Paid App Sparks Debate on NFT Holder Entitlement https://earlybirdsinvest.com/bodoggos-paid-app-sparks-debate-on-nft-holder-entitlement/ https://earlybirdsinvest.com/bodoggos-paid-app-sparks-debate-on-nft-holder-entitlement/#respond Thu, 19 Jun 2025 13:28:12 +0000 https://earlybirdsinvest.com/bodoggos-paid-app-sparks-debate-on-nft-holder-entitlement/

A tweet directed at the BoDoggos team for charging a subscription fee on their trading news app has sparked an industry-wide debate on what NFT holders are entitled to receive.

@Lewsiphur tweeted a screenshot from what appears to be a holder-only section of the BoDoggos Discord on June 17. In the screenshot, BoDoggos CEO and co-founder Nick O’Neill shares details on the “first version of the app”, alongside a discounted link to gain access. @Lewsiphur took issue at BoDoggos holders needing to pay for app access, whilst the BoDoggos team defended their need to cover “ongoing cost”.

As this back-and-forth continued on X, many big names, collectors and everyday members of the community added their opinion on what NFT holders should be entitled to from an NFT project – in what has become the latest hot topic of the NFT industry.

Key Insights

  • A tweet directed at BoDoggos has sparked an industry-wide debate on what NFT holders should be entitled to
  • The tweet took issue at BoDoggos’ plan to charge NFT holders a discounted rate for access to their new trading news app
  • @Lewsiphur argued that holders should get ongoing app access for free, whilst BoDoggos cited the need to cover ongoing costs
  • This debate caused widespread reaction in the NFT community, with big names and community members alike sharing their thoughts
  • The conversation has continued, with a member of the BoDoggos team taking aim at another project
BoDoggos App - NFT Holder Debate
Source: @Lewsiphur on X

What are NFT holders entitled to?

This is the crux of the debate – and why we are seeing such heated debate on this topic.

On one side, original tweeter @Lewsiphur and his supporters generally believe that holders of NFT collectables should receive access to future products, developments and releases for free as a reward their support.

On the other side, BoDoggos and their supporters argue that these products have many ongoing costs – such as API fees, employee salaries, operating costs and more – and in order to survive, grow and deliver on their promises to their holders, recurring revenue is a necessity to ensure their survival.

Core members of the BoDoggos team, including Nick O’Neill and @EasyEatsBodega, responded directly to @Lewsiphur’s tweet to discuss the situation – and the focal point of the debate sparked reaction from across the NFT space.

BoDoggos App - NFT Entitlement
Source: @depressivehacks and @mattmedved on X

What has been the reaction in the community?

A large number of big names in Web3 have waded in to the debate, alongside many passionate everyday members of the community at large.

Leon Abboud, founder and CEO of Unfungible, stated that this debate “exposed NFTs’ biggest problem” – that the expectation that “a one-time purchase equals a lifetime of entitlement” is “[preventing] the space from growing and evolving.”

@mattmedved argued that the reality is that “Web3 businesses are still businesses,” and that “they’re run by real people with bills to pay, families to support, and operating costs to cover.” In conversation with @depressivehacks, @mattmedved would discuss “the tension many projects face between building sustainable revenue streams and delivering value to holders”, noting that “more revenue doesn’t always = floor price go up.”

A day later, June 18, BoDoggos team member @Chilearmy123 took aim at NFT collection Chonks, asking “what went wrong” after their 0.01 ETH open edition mint in December 2024. Zeneca swiftly came to their defence, taking aim at “gambling degenerates” trying to “mint cheap and then dump on the next and greater fool.”

Though the bulk of the public debate has largely subsided, the question still remains: what should NFT holders expect to receive from an NFT collection?

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Coinbase’s sponsorship of Trump’s military parade sparks debate over crypto’s anti-establishment roots https://earlybirdsinvest.com/coinbases-sponsorship-of-trumps-military-parade-sparks-debate-over-cryptos-anti-establishment-roots/ https://earlybirdsinvest.com/coinbases-sponsorship-of-trumps-military-parade-sparks-debate-over-cryptos-anti-establishment-roots/#respond Mon, 16 Jun 2025 01:54:28 +0000 https://earlybirdsinvest.com/coinbases-sponsorship-of-trumps-military-parade-sparks-debate-over-cryptos-anti-establishment-roots/

Coinbase’s sponsorship of the military parade in Washington, D.C., on June 14 has sparked a debate about whether crypto has lost sight of its original ethos.

The parade, which was held to commemorate the U.S. Army’s 250th birthday, took place amid the country-wide ‘No Kings’ protests. The protestors voiced their opposition to President Donald Trump’s immigration policy and mass deportations, calling the parade, which coincided with Trump’s 79th birthday, the behavior of a dictator.

Coinbase, the largest crypto exchange in the U.S. and the third-largest in the world, joined tech giants like Amazon in sponsoring the military parade, which drew a meager and largely quiet crowd.  The parade had a total of 22 corporate sponsors, among which was Palantir, the big data analytics firm tasked with compiling data on Americans across federal agencies using an artificial intelligence (AI)-powered system.

Coinbase, which had previously donated $1 million for Trump’s inauguration in January, also received a shoutout from the event MC towards the end of the parade. Coinbase’s sponsorship, which was construed as support and endorsement for the heavily criticized event, has sparked a debate among the crypto community: Has crypto lost touch with its anti-establishment roots?

How crypto might be straying from its original ethos

When Satoshi Nakamoto mined the first Bitcoin (BTC) in January 2009, he left a message in the Genesis block. The message pointed to an article by The Times on how the U.K. was planning to bail out banks in the aftermath of the 2008 economic collapse.

Therefore, Nakamoto’s invention of Bitcoin, which essentially gave birth to the crypto industry, was a form of protest. With Bitcoin, Nakamoto offered an alternative to traditional currency controlled by central banks and governments that constantly put the burden of bailing out companies on citizens.

Bitcoin was designed to bypass governments and establishments that control the supply of traditional currencies, allowing individuals to transact via a decentralized medium called blockchains. It tracks, therefore, that the earliest adopters of Bitcoin and crypto were tech enthusiasts and libertarians opposed to control and surveillance by centralized authorities, including banks and governments.

Coinbase’s sponsorship has, therefore, rightly sparked a debate about whether crypto has lost its way. As Felix Jauvin, director and host of the Forward Guidance podcast, wrote on X:

“Bros I don’t think crypto is a counter culture movement anymore”

Counterculture movements propose values that are different from or opposed to mainstream culture. Crypto was once viewed as a means of defying the mainstream culture of dependence on centralized financial authorities.

But with Coinbase sponsoring the military parade that celebrated the U.S. Army, which serves as a prime symbol of centralized power and authority, Jauvin’s question about crypto’s evolution has struck a chord with many.

What the crypto community is saying

Several crypto community members agreed with Jauvin, with many proclaiming that crypto drifted away from its original goal a long time ago or that it “never was.” For instance, one X user stated that crypto has not been a counterculture movement for three years, adding:

“There will always be parts of crypto that are counter culture, though, and others that aren’t.”

Several users also questioned the need for corporate sponsors when it is estimated that the parade would cost approximately $45 million in public funds. One user tauntingly asked if Coinbase would also sponsor the repairs of D.C.’s “tank mangled streets.”

Others were not surprised by Coinbase’s move. One X user wrote:

“It makes sense, like 30 percent of the crypto community went from libertarian types to some boot-licking version of MAGA.”

Several users also dissented with Jauvin’s claim, with one user noting that a bottom-up, permissionless system will usually evolve in ways that participants do not agree with. The user added:

“Better this than specific groups dictating what should and shouldn’t be.

We can’t eat our cake and have it too!”

Many crypto holders also viewed Coinbase’s sponsorship as a way to maximize gains, while withholding judgment.

Mentioned in this article
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Quickly tracked cryptographic licenses stir up debate in the EU’s new era of rules https://earlybirdsinvest.com/quickly-tracked-cryptographic-licenses-stir-up-debate-in-the-eus-new-era-of-rules/ https://earlybirdsinvest.com/quickly-tracked-cryptographic-licenses-stir-up-debate-in-the-eus-new-era-of-rules/#respond Sun, 15 Jun 2025 21:34:23 +0000 https://earlybirdsinvest.com/quickly-tracked-cryptographic-licenses-stir-up-debate-in-the-eus-new-era-of-rules/

The European Union’s glossy new Crypto rulebook is finally here, and Crypto’s heavyweights are wasting no time. In the Crypto-Assets (MICA)-regulated market, several well-known exchanges are on track to operate passports in all 27 EU countries. But behind the scenes, regulators are I’m convulsing. This is a major opportunity for the EU Crypto market, but it also tests how well regulators can implement the new rules.

Requires Gemini, Okx and Coinbase

First, Gemini. A Winklevoss-led exchange is nearby Get a license In Malta, that movement Let me It helps all european union. Malta has already distributed licenses to okx and crypto.com. Currently, Luxembourg is reportedly preparing to approve Coinbase. This adds more firepower to the list of MICA-compliant platforms.

In theory, once a company obtains a license in one EU country, it operates throughout the bloc. That’s MICA’s promise: seamless access and equal playing fields. but reality It’s even more troublesome.

Regulators raise their eyebrows

Watchdogs across the country are not very sure how fast things are moving, especially in small countries like Malta. Their concern? That Light Touch Review could potentially operate across the EU even if reviewed companies slip through the cracks.

French regulators are particularly concerned. They warned that if this were to be a race to quickly hand out licenses, it could become a patchwork system that would speed up over security. That’s what ESMA, the European Securities Markets Agency I’m looking closely And plans to release a report on it Regulatory arbitrage law. ”

Discovered: 20+ Next Cryptocurrency Exploding in 2025

Malta says: We know what we are doing

Malta has not retreated. Officials there say they have built the experience and staff to properly handle the Mycal application. They have already approved four licenses and claim that the process is thorough, even if it’s faster than some of the great powers.

24 hours7d30D1Yeverytime

Still, concerns remain. One EU source reportedly said regulators were worried about weight when they set up bars beyond the BLOC for compliance. One regulator is wrong, which affects all 27 countries.

Luxembourg’s Power Play, Ireland’s Crypto Cold Shoulder

Luxembourg will soon issue a Coinbase license. This will be a huge victory for both the country and the exchange. Luxembourg has long been a hub for financial services, but the move will further strengthen its position as a crypto-friendly jurisdiction.

However, Ireland is taking the opposite approach. The central bank has openly criticised the code, and the governor has compared parts of the industry to Ponzi. That hard-line stance may make it even more difficult for Ireland to attract top-class crypto businesses seeking European bases.

Discovery: Next 1000x Ciphers: 10+ Ciphers tokens that could hit 1000X in 2025

What is at risk for users and the market?

mica It is supposed to bring order to the chaos of European crypto regulations. If that works, investors will be protected, the exchange will become clear and innovation will be gained I’ll keep moving. but If national regulators pull in different directions, whole The system is possible buckle.

The global crypto market is worth over $3 trillion. Such money requires guardrails, not loopholes. Everyone is trying to avoid the confusion of another FTX size, but it has proven difficult to balance safety and speed.

What’s coming next

All eyes are in the next move in ESMA. Do they tighten the standards? Let me Member countries Continued In Interpret What’s their way? The way Europe handles this rollout sets the tone of global crypto regulations. The future of the EU crypto market may depend on how ESMA handles growing concerns about regulatory arbitrages.

The clock is ticking every moment. And no one wants to be a weak link.

Discover: 20+ Next Cryptographs to Explode in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Key takeout

  • Gemini, OKX and Coinbase are racing to gain EU-wide access under MICA by securing licenses in Malta and Luxembourg.

  • National regulators like France and agencies like ESMA have warned of regulatory rulings and loose surveillance in smaller EU states.

  • Malta defends the process and argues that experience and staffing can support responsible implementation of MICA despite rapid approval.

  • Luxembourg is proceeding with Coinbase approval, but Ireland is opposed to the code, citing market risks and Ponge concerns.

  • The success or failure of MICA deployments could shape the future of crypto regulations across the EU and ripple into global policies.

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    Spam Wars: Bitcoin Core Devs At Center Of Heated Debate https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/ https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/#respond Mon, 09 Jun 2025 00:08:09 +0000 https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/

    Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

    According to a joint statement released on June 6, 2025, 31 Bitcoin Core developers have taken a clear stance on how the network should handle non-monetary uses. They stressed that their role is not to support or block data inscriptions and other non-financial activities.

    The move has stirred strong feelings across the community, with debates touching on freedom, fees, and the very purpose of Bitcoin.

    Developer Stance On Data Policies

    Based on reports, the Core team said they won’t step in to stop “harmless” data from entering the blockchain. They pointed out that Bitcoin’s main strength is its resistance to censorship. So, any user-driven software choices must stand.

    They made it plain: it’s up to node operators to pick what they accept. This approach aims to keep the network free, even if that means it carries extra data.

    Community Voices Split

    Following the statement, reactions poured in. Samson Mow, CEO of JAN3, called the developers’ tone hollow and said recent changes have “opened the floodgates” for spam. He argued that removing technical barriers encourages unwanted data.

    On the flip side, Jameson Lopp of Casa praised the clear explanation of relay rules. Lopp pointed out that a unified voice from developers helps to cut down on past confusion over policy.

    Recent Upgrade Sparks Worries

    On May 8, 2025, Core developers removed a long-standing limit on transaction data size. That tweak lets anyone include bigger chunks of information in transactions. Critics worry this will drive up blockchain bloat and push fees higher.

    BTC is now trading at $106,052. Chart: TradingView

    Supporters say predicting what miners will include—and passing that info along—is key to keeping Bitcoin running smoothly. They claim this neutral relay policy helps miners and users alike, even if not everyone buys into it.

    Future Forks And Layer Solutions

    Looking ahead, some think a new fork could split off a “pure money” chain that blocks data inscriptions. Others foresee layer-2 networks or sidechains taking on the heavy lifting for art, messaging, and other uses.

    Either way, most agree that wallets and node software will soon offer options: one for clean, finance-only transactions, and another for those who don’t mind extra data. This choice will let users vote with their settings instead of relying on developers to make the call.

    Featured image from Unsplash, chart from TradingView

    Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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    Bitcoin debate reignited with satoshi unit redefinition proposal https://earlybirdsinvest.com/bitcoin-debate-reignited-with-satoshi-unit-redefinition-proposal/ https://earlybirdsinvest.com/bitcoin-debate-reignited-with-satoshi-unit-redefinition-proposal/#respond Sat, 26 Apr 2025 15:05:58 +0000 https://earlybirdsinvest.com/bitcoin-debate-reignited-with-satoshi-unit-redefinition-proposal/

    It’s a debate as old as Bitcoin itself: How can the world’s first cryptocurrency achieve true mass adoption? While the Bitcoin community focuses on improving user experience (UX), rolling out custody solutions, battling legislators, and onboarding institutions, core Bitcoin developer and CEO of Synonym John Carvalho has proposed a simpler solution: deprecate satoshis and remove the decimals to “reduce the cognitive load.”

    Changing satoshi for bitcoin may improve the user experience

    In a Bitcoin Improvement Proposal (BIP) released in December 2024, Carvalho argues that eliminating the term ‘satoshi’ and removing the decimal points by changing satoshi for bitcoin would have a dual benefit: making Bitcoin easier to understand and removing unit bias, both key to attracting new users.

    Currently, one bitcoin is made up of 100 million tiny pieces called “base units” or satoshis, which cannot be divided further. Carvalho’s proposal suggests redefining “bitcoin” to refer to this smallest unit. Under this system, what we now call “1 bitcoin” would instead be referred to as “100 million bitcoins.”

    For example, a transaction currently displayed as 0.00010000 BTC would become 10,000 bitcoins in the new system, and 10.23486 BTC would be displayed as 1,023,486,000 bitcoins, redefining the concept of bitcoin millionaires.

    Bitcoiners are notoriously resistant to change

    Bitcoin’s history is filled with contentious debates, from the block size wars to SegWit and the ongoing arguments over NFTs on the blockchain. Unsurprisingly, Carvalho’s proposal has met considerable resistance since its introduction at the end of last year. Podcast host Stephan Livera mocked the idea on X, likening it to calling each slice of pizza a whole pizza:

    “Hey, I have this great idea! Instead of one pizza with eight slices, let’s call each slice a pizza. Just make sure when you go to order your pizza, you order eight pizzas now instead of one. Just my two pizzas.”

    Viral Bits founder Daniel Sempere Pico joked:

    “I love how triggered people get by your proposal,”

    While other community members voiced concerns about changing the total supply from 21 million to 2.1 quadrillion bitcoins, seeing the original supply as a core principle of Bitcoin’s identity.

    “Personally, I’m not interested in changing the supply from 21m to 2.1 quadrillion. In the infinite sea of shitcoins and the unlimited flood of fiat, 21 million bitcoin is a statement, a middle finger to monetary debasement.”

    Make satoshi bitcoin again

    There may be a slim chance that Carvalho’s proposal is growing on people, as he posted on X on April 25, 2025:

    “It’s still a minority, but a lot more people are becoming interested in the idea of calling the base units of Bitcoin bitcoins, and removing the decimal.”

    Carvalho appears to be on an all-out campaign, borrowing Trump’s MAGA slogan and filling his X page with pictures of well-known figures from the global economic community, including Satoshi, Klaus Schwab, and Ursula von der Leyen donning red caps with the slogan “Make Satoshi Bitcoin Again.”

    Whether the proposal gathers more momentum remains to be seen. But the ongoing debate highlights how even the most minimal of adjustments could make Bitcoin more palatable to the masses.

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