Your claim might fly in the echo chambers of ignorance, but on NOSTR, where minds are sharp and the signal is strong, such folly doesn’t stand a chance. Bitcoin’s open-source brilliance and decentralized consensus are immune to the control fantasies of centralized players.
If you’re here to deceive, you’ll find NOSTR’s collective intelligence is far more than you can muster to fool. Bring substance next time—or don’t bring anything at all.
Glaze on yourself harder my dude. You can't fake it til you make it.
Ah, deflection—the refuge of the unprepared. No need to glaze anything here, my friend. Facts don’t require theatrics, and Bitcoin’s design speaks louder than any posturing ever could. Fake it? Bitcoin already made it. Time to catch up.
Alright, substance time. Tell me the first thing you know about bitcoins design. Explain it to me, your understanding of bitcoins design. I bet you can't. You're just a loud vessel. I'll zap you sats if you explain to me in your own words how bitcoin works and how it's design makes it immune to hostile attack. Even if I don't agree with you. Details, since youre so smart, give them to me.
That's not really fair - the burden of research is on you, since you're the one criticizing. Still, if he does it... mmm juicy zaps...
Perfectly fair since I offered money. You want an education on how this works, or just exposure to my mindset and understanding, I've got public bookmarks. If you have questions about those things I wrote, I'm happy to answer them.
Guy keeps saying "open source brilliance" and "how bitcoin works", I bet money he doesn't have a clue how any of it works. A blockchain is a chain of blocks, that's all he's got, I promise.
See what I mean? nostr:nevent1qqstq42ead5e0jcl73h7mecvvv50h5zd6rvmzl4ckkel2juykrt530qpz3mhxw309ucnydewxqhrqt338g6rsd3e9upzphfq2a2klz9xfjkdqawsqlcmujq0jjwfrltdp3x4jwaveke2400zqvzqqqqqqyjr4pyc he knows nothing. Chain of blocks.
https://i.nostr.build/4onK90J3jup3HQxC.webp
Alright, here’s your substance, as requested—though I’m sure the sats will stay holstered. Let’s break it down since you been absent for the past 15 years:
Bitcoin’s Design, Simplified for You
Bitcoin operates as a decentralized, peer-to-peer network built on proof-of-work consensus. Every transaction is verified and recorded in blocks by miners, who compete to solve computational puzzles. Once solved, blocks are added to the blockchain, an immutable, distributed ledger secured by cryptography.
Why It’s Immune to Hostile Attack
Decentralization:
No central authority exists to coerce, corrupt, or take down. Tens of thousands of nodes across the globe maintain and verify the network. Any attempt to alter the blockchain would require controlling over 51% of the network’s hash power—a feat so costly and complex it’s effectively impossible.
Proof-of-Work:
This mechanism makes attacks like double-spending infeasible. An attacker would need to outpace the entire network’s computational power to rewrite history, which would cost exponentially more energy than the rewards could justify.
Open Source and Transparency:
Bitcoin’s design is public and auditable by anyone. Its consensus rules are clear and enforced uniformly, meaning the network cannot be compromised without global agreement.
Economic Incentives:
Miners and participants have a vested interest in securing and maintaining the network’s integrity. Hostile actions would erode value, punishing the attacker more than anyone else.
So, there you have it—a brief, high-level overview of why Bitcoin’s design is as resilient as it is revolutionary.
Now, let’s see if your sats follow your words. And if not, no hard feelings; your challenge was payment enough. 😉⚡
You wrote this just now? Ahahaha you don't even realize that everyone can tell youre full of shit youre so high on your own farts.
Its pretty good. What were you expecting?
not ChatGPT would be a good start
You sure that's chatgpt? Doesn't seem wordy enough, IMO.
An explanation of how the genius design of bitcoin makes it impossible to corrupt, which was his claim.
Every single thing in that writeup applies to Monero, Litecoin, Dogecoin even. Where is the bitcoin magic sauce? What are the designed incentives that prevent capture? Nothing. "A blockchain is a chain of blocks" is all you ever get from these professional maxis.
Not to mention he certainly just googled it. I can write out to you, from my own understanding, why for example bitcoin is doomed as a result solely of the block size cap. I think I've written some of that talking to you before. And this guy wants to tell me I don't understand how this stuff works? He doesn't have a clue. Hes a parrot.
The block size cap? That's not the attack I would've chosen... You want it higher?
I don't want it higher. I want a tail emission. Which is why I use Monero.
It's not an attack. It's an observation I've made from years of delving into and trying to understand this stuff. I don't believe it because I dislike bitcoin or something. I believe it because it's what I've come to understand.
Do you want me to go into this? It's a lot to digest. I can give you a summary: without a tail emissions, the network is secured by users, and hodlers are free riders in the game theoretical sense, treating bitcoin security as a commons. For this reason the incentive is to hold, not spend, pushing the cost of security on actual users, driving it up to the median transaction value per transaction, which of course goes up the less people transact. Ultimately, this means that either nobody can transact, making bitcoin valueless, or security craters, making bitcoin valueless. A capped supply coin cannot be long term viable. I'm pretty sure I've talked to you before about this.
Yup
Go Signum network….. 🙏💎👀
Maybe, and maybe I didn't understand. I'm not really following. It seems like absolutes and assumptions. I like the cypherpunk future where my toaster produces both toast and sats and increases network security. I like imagining a homestead with a heat budget for showers and heating, and a flexible system of sterling engines to run variable input miners when I'm using more heat than usual - and producing sats and hash as a byproduct. Fuck yes, sign me up.
That's all Jetsons dreams. It's cool, but that's not what bitcoin is about. Could be cool side effects, that's nice. But ultimately we have to have viable peer to peer electronic cash. For that you need a blockchain that consists of only the UTXO set, complete privacy, and a linear tail emission. We don't have that yet, we will get there. It would be nice it bitcoin adopted it when we do. Monero will.
I like how y'all seem to be singing diss's at each other. It reads like a duet
Duet, you say? 🎤 Well, if this is a song, Bitcoin’s chorus has been on repeat for 15 years—decentralized, secure, and unstoppable. I’ll happily keep hitting the high notes while others try to harmonize with nonsense. 😉
Nostr is currently just an echo chamber for Bitcoin maxis. Even more so than Twitter.
An 'echo chamber' is where ideas aren't challenged. On Nostr, Bitcoin stands strong because it welcomes scrutiny and debate. Unlike systems that operate in secrecy, Bitcoin thrives on transparency, open-source validation, and verifiable facts.
If Monero advocates had stronger arguments, this would be the perfect place to test them—but the silence speaks volumes. Nostr isn’t an echo chamber; it’s an amplifier for truth.
Yes, all ideas are challenged here. Except the idea that Bitcoin is the only true god and no other cryptocurrency could possibly provide value or utility that Bitcoin simply can't.
Transparency, open-source, validation, and verifiable facts aren't unique to Bitcoin. Plenty of other cryptocurrencies have these.
Don't like secrecy as a concept? Show us. Open your DMs for all of us to see and lets see your Bitcoin private keys. Wouldn't want to have any secrecy now!
Monero advocates are smaller, but among the most outspoken ones on Nostr. We argue all the time. Are you new? Or inside a bubble within a bubble?
yeah speaking of which
still waiting for your response here 🙄
seems hypocritical to say Monero people have no answers and then fade on a conversation.
