Bitcoin Core merges bold and contentious updates; I get into their reasons why. Plus, Inflation eases for now, but the trend is clear. Why we can expect higher for longer.

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LINKS:

• CPI inflation report May 2025: U.S. inflation rises 0.1% (https://www.cnbc.com/2025/06/11/cpi-inflation-may-2025.html)

• Here’s the inflation breakdown for May 2025 — in one chart (https://www.cnbc.com/2025/06/11/heres-the-inflation-breakdown-for-may-2025-in-one-chart.html)

• Trump’s tariffs have so far caused little inflation (https://www.economist.com/finance-and-economics/2025/06/05/trumps-tariffs-have-so-far-caused-little-inflation)

• Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates (https://www.cnbc.com/2025/06/11/vance-joins-trump-in-bashing-powell-says-fed-committing-monetary-malpractice-by-not-cutting-rates.html)

• ECB cuts interest rates to 2% in effort to bolster flagging eurozone growth | European Central Bank (https://www.theguardian.com/business/2025/jun/05/european-central-bank-ecb-interest-rate-cut-economic-growth-eurozone)

• Euro Rebounds to $1.14 after ECB Rates Cut (https://dmarketforces.com/euro-rebounds-to-1-14-after-ecb-rates-cut/)

• 277. Lyn Alden Nothing Stops This Train - YouTube (https://www.youtube.com/watch?v=KumiLzAcqPE)

• BlackRock Bitcoin Fund Flies Past $70,000,000,000 Faster Than Any Other ETF in History (https://dailyhodl.com/2025/06/10/blackrock-bitcoin-fund-flies-past-70000000000-faster-than-any-other-etf-in-history-bloomberg-analyst/)

• Bitcoin is introduced into Africa’s largest slum, with risks and rewards - YouTube (https://www.youtube.com/watch?v=oqREM62cAqk)

• opportunity-cost: See every price in Bitcoin. Understand the Bitcoin opportunity cost of your purchases. (https://github.com/TFTC-Holdings-Inc/opportunity-cost)

• Inflated - YouTube (https://www.youtube.com/watch?v=IlsIYfZQ2pk)

PR #32406 LINKS

• RFC 7282 - On Consensus and Humming in the IETF (https://datatracker.ietf.org/doc/html/rfc7282#page-7)

• Relax OP_RETURN standardness restrictions (https://groups.google.com/g/bitcoindev/c/d6ZO7gXGYbQ/m/mJyek28lDAAJ?pli=1)

• Addressing community concerns and objections regarding my recent proposal to relax Bitcoin Core’s standardness limits on OP_RETURN outputs - Philosophy - Delving Bitcoin (https://delvingbitcoin.org/t/addressing-community-concerns-and-objections-regarding-my-recent-proposal-to-relax-bitcoin-cores-standardness-limits-on-op-return-outputs/1697)

• Addressing… (https://delvingbitcoin.org/t/addressing-community-concerns-and-objections-regarding-my-recent-proposal-to-relax-bitcoin-cores-standardness-limits-on-op-return-outputs/1697)