If any if the Jason Lowery fans have an answer for this question please let me know as he refuses to respond and blocks any resistance on twitter.

What will happen to the decentralisation of Bitcoin if he is successful as framing it as a weapon. ASIC miners will be designated as munitions and regulations placed on their ownership, manufacturing and distribution?

Code is speech and nothing more. Miners are only doing mathematical equations.

Trying to sneak in a 2nd amendment issue opens a whole new attack vector with the ability to sanction companies that produce miners and restrict who owns them, who can ship them etc.

Appreciate if someone has an answer as to why we entertain this new propaganda campaign.

#[0]

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We don’t fuck Lowery

Didn't they already try this argument?

https://en.m.wikipedia.org/wiki/Pretty_Good_Privacy

Yes sir. Fought and won which is why they've trying this angle. I'm so disappointed at the lack of adversarial thinking in some bitcoiners. I've been calling him out for swine he showed up on twitter with 40k followers 😆 🤣

Have you read the thesis? Fully? Realize that he's not "turning it into a weapon" he in fact just clarified its true nature outside the confines a cryptocurrency finance viewpoint.

It becomes evident that hashpower is a 2nd amendment issue. And ask yourself this, would you rather that the folks in the US holding 393m firearms to prevent the spread of tyranny also possessed and ran hashpower, or that they continued to be blind to it, and lost the war to defend sound money without firing a shot? There is a massive support structure out there to defend 2nd amendment issues and it is important that that cohort gets eyes on this issue to being establishing a robust defense. They are still dangerously centered on goldbuggery.

It's extremely important for citizens to wake the fuck up and get involved because we sure as hell can't expect our mind-disease riddled government to do it. The bankers still have too much control.

We are still under 5% adoption, it needs to grow and grow quickly.

Attacking the concept and the publishing of the thesis on the grounds of arms control is short-sighted and frankly dangerous.

In what world is mathematics or code a weapon? This has already been decided in the PGP case with Phil Zimmerman in the 90's do you have an answer to the question I asked?

Your Country is so Fucking Corrupt!

ca9080592746c57eaf71cce31869e9eb822919a6e38c816f8d2bac71eafa1443

If people haven't latched onto Bitcoin yet they aren't going to. Adoption will come by necessity soon regardless of governments and that becomes ever more obvious by the day.

💯 we are witnessesing a dying empire and they will enforce even more chaotic rules in a desperate attempt to retain power

Learn your history

#[4]

If decentralization can be stopped by an argument, it was never that robust to begin with.

Watch some of Eric's talks on bitcoins *actual* security model: https://youtu.be/OdqMhzOL1_U

Don't think stopped. Think controlled and removed ability to mine independently from the government.

Not if you do it secretly at small scale That's how true decentralization happens - as a response to government attack. What we have now is not decentralized.

You're not getting it. They aren't trying to attack it yet. 1st they must co opt and control it.

Co-opt and control what?

The hash power and ability to even hash. There trying to designste mathematical equations as weapons. They only allow selected contractors to own operate or distribute ASICs

Way too US centric of a view - US gov does not have that much power. And if they are going to go that far, the narrative doesn't matter - they will use any bullshit excuse to do it. A piece of paper is not a defense.

They need to garner public support. Why do you think this operation was done this way. 😆 release your thesis as a book 😆 🤣 😂 yeah let's see if these stupid pricks will pay us to brain wash them. It can't be a government operation if I voluntary bought it right 😆 😂 😅

... so don't buy the book. Information can't hurt you. If the arguments are invalid, they can be countered. But you can't really intelligently counter his arguments unless you actually read/listen to them.

That's the same thing nocoiners are guilty of - dismissal without facing the logic of bitcoin head on.

More content out there that gets people to think deeply about bitcoin is a good thing imo.

I'd rather people get into bitcoin because they independently came to understand its importance, rather than fomo in because NgU and then get rugged.

I've already directly refuted the central point of thesis. CODE IS SPEECH. the government already lost this battle in court with the PGP case. Why do you think they are trying to open this new attack vector?

What I find the most offensive is people willing advocating to hand the government more control to fix government corruption.

Govern me harder daddy

It’s very interesting how few of proponents are willing to engage in debate with the dissenters.

I give #[4]​ credit for engaging on the topic - we can disagree but at least he had the balls to put forward his views.

Lots of prominent Bitcoiners have supported his thesis and refused to engage which is pissweak in my opinion.

#[2]​

Govts are coming for Bitcoin regardless of what names we use for the various aspects of the network. I think the various pieces of the networks are going to centralize during different points in time before new tech disrupts that. Mining it self is already pretty decentralized with the pools, but ideas like stratum v2 and fedipool will help immensely with decentralizing.

If the US govt cracks down via taxes on bitcoin, what happens then?

Jurisdictions friendlier will draw in capital and resources. I think the same is true for mining.

If we’re worried about govt capture of mining, complaining about words is not the solution. It’s a distraction. Educating people on home mining to drive more sovereign hash is a solution. Open sourcing diagrams/schematics/etc for mining is a solution. Fedipool and other mining enhancements are the solution.

Space boi’s theory is super interesting but don’t get hung up on words. Dig into the core idea about obviating kinetic violence in favor of electrical violence.

There are lots of things to delay the inevitable hyperbitcoinization. Govt crackdown on multiple facets is one of them. But lower your time preference. If the US govt adopts bitcoin as a weapon or national defense initiative, do you think that would increase or decrease adoption? Visibility? Dismissal? Unfortunately, there is a large portion of the world that still believe what the US govt does is legitimate (that number is growing smaller and smaller), but if they label it as critical munitions, every other country in the world is going to rush to do the same and more eyeballs will be on bitcoin and more people will come to understand bitcoin more.

The road to hyperbitcoinization is bumpy for sure. Jason’s thesis is wrapped in military jargon but at its core, it’s an interesting idea to ponder.

TLDR; everything is good for bitcoin. 😆

Yes I agree it would speed up adoption in the short term, and then ultimately fail.

If I was tasked with stopping bitcoin and keeping control of legacy financial systems, I would acquire as much as I could then run derivatives of it like they gold and keep the fiat circus going.

Having government be the only ones capable of mining is a real issue IMO.

Where do you sit on the code is speech argument and the PGP case in the 90's. Thus battle is fought and won IMO

I’m all about code being speech. It’s information and information wants to be free. I also think IP is stupid.

Would hate to see govt capture but it’d only be certain locales. And slow things way down

FTX made it perfectly clear paper bitcoin was rampant in the market, but now we’re seeing real price discovery.

I don’t want govt capture, but don’t think they won’t get involved and be their own undoing over the long run.

WAGMI