I seriously doubt many pools are discussing how to limit their revenue.
Quite the opposite - they love the recent developments that have boosted fees.
Discussion
Why do so many maxis dislike you? Serious question. I only know about the sellout & shitcoiner arguments but don’t really know if you’re a good guy or a bad guy in this story.
Perhaps because I say what I think rather than conforming to whatever the current popular narrative is; I've been cancelled countless times.
Also, I think there's plenty of room for non-Bitcoin crypto networks that offer different utility. I explore many technologies and I don't apologize for it.
People tend to form a mental model of me based upon my posts they've seen, then they get upset when I do something that breaks their model.
IDK about "good" vs "bad" guy because it's subjective. I consider myself good because I've educated many people and also helped many folks secure their funds. I don't defraud folks - the services I provide are quite transparent, even if some folks disagree with them.
Lopp didn’t you support XT which had actual blacklisting and tor fuckery in it.
I mean since Odell is fine digging up things from 10 years ago to attack Luke.
I supported BIP101 which was implemented in XT.
You're thinking about a change that deprioritized connections from tor exit nodes to mitigate DoS attacks conducted via tor to fill up connection slots. I was neutral on that one.
Yes that was indeed the sus rationale used at the time to attempt to destroy privacy in Bitcoin.
The real question is: when the government forces companies like RIOT and MARA to censor transactions, will they comply or move their hashrate to a different jurisdiction? How will market participants respond to their decision. And how long before capital controls become “those machines don’t leave our borders” controls?
Welcome to the future motherfuckers
Lol. Hashrate will move, regardless. Their may be pain during transition but the net result will be even more decentralized mining as the non-“public” miners move to other locations/pools with better conditions.
Either the economics of bitcoin work, or they don’t. They are based on allowing the free market to do its thing. I don’t believe this can be stopped. If authorites squash/capture one market, two free ones will pop up to replace it due to incentives alone.
Nah, if there is any brains at all with the authorities, best to keep a quiet eye on it as-is less they force it adapt and decentralize even further. China made a big mistake. I suspect the IS may learn from that.
Hope you’re right. We don’t have a free market in the US and yet the world dumps its capital here all the same because of the incentives at the margins.
It’s wise not to underestimate our central planners. While we think they’re schmucks, they’ve not been unsuccessful on a macro level thus far.
I get your point.
But every tyranny, every empire before them has fallen. I see no reason to believe this one is different.
You can’t put the genie back in the bottle. The idea is now out there. This is why you don’t need to hope in bitcoin, you can *know*.
You’re only hope is we get it right the first time, for everyone’s sake. But if we don’t, then we will try again. And again. And again. Entire races have seen generations come and go in pure slavery, and yet we keep gaining ground.
Mankind’s instinct and fate is to wrestle with and balance freedom and tyranny.
Maybe. But I fear the proverbial Overton window is shifting between the F2Pool recent albeit temporary censoring and now this.
Maybe not pools exclusively, but someone is paying attention and taking notes.
Yes. And if they are juicing the mempool with garbage ordinals, eventually that ponzi will die out.
In the meantime, everyone learns a *little* more about lightning and node configuration.
Can’t stop the signal.
boosting fees with garbage transactions (ordinals) is not what i consider growth, especially of a global monetary system
