Nostr Web Client

Could Luke be gathering an army under the guise of decentralization and altruism. Then one day suggest the real solution is to actually remove OP_RETURN so arbitrary data can't get in at all. Guess what, then Bitcoin will fork and the people on knots will believe they are the good guys. Then they will all become poor when they sell the real orange coin. Just like Bcash. A clever way to spin the narrative. And the motive is there for a person that lost all their coins to a compromised key. That's one way to get rich again.

Anyone else thought of that?

Reply to this note

Please Login to reply.

Discussion

Kevin's Bacon 8mo ago

I thought of it. This is why the only Bitcoiners who take an active part in managing the software should be ones who are not gullible, not susceptible to tribalism, who understand the principles, who think things through logically with respect for uncertainty, and who question everything. All others will be misled eventually. Authority is a fiction. Leadership is real. The true Bitcoin will have good leadership and not stifle conversation.

OceanSlim 8mo ago

Bitcoin has no leaders.

Kevin's Bacon 8mo ago

On the contrary, it is an engineered system that simply lies outside of exclusive control and thrives on a decentralized network of human choice. That does not proclude leaders. Are there thought leaders in society who, in their multiple, overlapping capacities, offer some sort of leadership in their fields? If so, Bitcoin's leaders are such as that. No single owner, no corporate owner, just inspired individuals with no power to thwart the efforts of each other should one go rogue. Every noderunner is a leader.

Hanshan 8mo ago

every project has leaders.

Core can eliminate the cap if they want and it doesn't matter whether your node upgrades.

pretending like there's no de facto leadership is hopium.

OceanSlim 8mo ago

Understanding there isn't is your problem.

Little Spoon 8mo ago

𝕞𝕪𝕡𝕒𝕥𝕙𝕥𝕠𝕗𝕚𝕣𝕖 8mo ago

There will be signs.

Daniel Wigton 8mo ago

How does that make Luke rich again? Did he ever sell his Bcash stash to profit from that fork? As far as I know he never did.

:P 8mo ago

What are you talking about if Luke did something node runners didn’t agree with, the node runners wouldn’t update.

But while we are discussing hypotheticals if knots did move for a fork and there were 2 chains and 1 started filling up with finical transactions and the other was filling up with dick butts the “real” bitcoin wouldn’t be hard to identify and would become blatantly obvious in retrospect.

OceanSlim 8mo ago

The point is he is swaying the opinion of people to be inclined to agree with him.

:P 8mo ago

Why would anyone be inclined to agree with him? If they don’t agree they don’t run his code.

It’s literally the complete opposite. Bitcoin core is swaying the opinion of people to be inclined to agree with them and a limitless OP_RETURN.

Do you see the hypocrisy!?

OceanSlim 8mo ago

Because they agree with him over ocean and knots and neither arguments actually have any weight to them. You believe how BS arguments now. You'll believe the narrative in the future too.

I'm done talking about it dude. This is my last post on the issue.

:P 8mo ago

Typical shitcoin behavior. Make a nonsensical statement and walk away from it.

OceanSlim 8mo ago

It's not nonsensical. I'm done talking about it because the debate is steeped in dogmatism and it's a waste of my time. I've made my arguments clear already. I am only walking away after discussing for days. Create whatever narrative you want if it helps you sleep at night.

LightningBuck 8mo ago

How would that make him rich? He still wouldn't have acces to his old coins on the fork.

OceanSlim 8mo ago

Hm... Good point. You are absolutely right. Although it is an attack on Bitcoin still with motivation to devalue the network out of spite.

OceanSlim 8mo ago

See... Someone make a good point I'm more than willing to reevaluate my position.

OceanSlim 8mo ago

And it would allow him to buy at an artificially low price. He has certainly been accumulating more BTC since he lost his. he could then dump his forked coins for more real ones at an artificially low price when the fork coins are worth the most right after the fork. So he could still use it to get doubly more coins than he currently has.

LightningBuck 8mo ago

That assumes one forked coin would be worth one btc. It would probably be less than that because people like me would also be dumping that shitcoin asap. So he maybe gets 10% more btc if he is lucky.

One option for him would be to short his new fork with leverage and then hide a critical bug in the code.

OceanSlim 8mo ago

It would be worth the same at the height of the fork. Critical error going unnoticed would be highly unlikely with something open source.

LightningBuck 8mo ago

It wouldn't be worth the same because someone would have to be stupid enough to actually buy it. Bcash was worth about .2 btc at the time of the fork.

OceanSlim 8mo ago

You right, you right... I was thinking about the fact that they would have the same amount. They may be worth a fraction but the real price would be artificially lower too. Food for thought.