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my opinions don’t change if i learn what happened in some random convo. Bitcoin doesn’t care.

we need a healthy open source Bitcoin community. period. no matter what. Bitcoin won’t succeed without one. even if we want to ossify, Bitcoin Core 26.0 won’t last us centuries to come. open source projects need open source devs and an open source community.

we should focus on no strings attached funding for devs. the community has worked tirelessly to set this up with things like OpenSats, Brink, HRF, Chaincode, etc. to enable that effortlessly for us and the devs.

we as Bitcoiners should want devs to build whatever they think is best. engineers are the artists of the digital world. the smartest most forward thinkers in the room. we want to enable them. they aren’t ever a threat, don’t mistaken them for one. why? because the only way Bitcoin can change is if we, the network, run their code. let them create. we the network, the people, decide what gets adopted.

if someone builds something terrible, we won’t run it. that’s happened many times before. see Segwit2x, BitcoinCash, etc.

often times engineers strike moments of brilliance in Bitcoin. a very famous example is Segwit and how we got Lightning. nobody thought Segwit was possible technically. was never clear if or when we’d ever get Lightning. a few open source engineers named Luke and Eric found a brilliant solution. we adopted it. we now have Lightning being enabled by Coinbase. let engineers create art. fund and support them.

wanna ossify Bitcoin? run Core 26 forever and never update. no problem. don’t wanna fund devs? no problem. we don’t need to agree on these things. however, if you want the entire network to agree with you, you need to go out and advocate for consensus around your vision. that’s just how bitcoin works. the network moves as one, not from a meeting or self elected group.

bitcoin is a distributed network. it progresses through distributed consensus. the network will act in its own best interest, not based on anything else. fund the best engineers to protect and advance the one chance we have at reinventing money for humanity. adopt what we want, reject what we don’t. if there’s anything we need to work on every cycle with new entrants is public discourse and how to arrive at consensus as a distributed network.

also, everyone should breathe. it’s all love and gonna be ok. Bitcoin was designed to not care and last through anything 🙂

nostr:note129fcpjqxnrvrm9rzv6cmj2fu0qfatmwzh5a0nrq54alej8t9ht8qgd47wp

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Discussion

₿ennett 1y ago

Bitcoin doesn’t care but I’m glad you do 🧡

IntuitiveGuy☯️ 1y ago

Young Man, wise words..

nostr:nevent1qqs84l33j3j9h7etp64en680xq6gz533yjx6vqnzpdu7j9z3z2ae7dcpz9mhxue69uhkummnw3ezuamfdejj7q3qcn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsqxpqqqqqqz44hscw

jack 1y ago 💬 6

💯

nostr:note10tlrr9ryt0ajkr4tn85w7vp5s9frzfyd5cpxyzmeay29zy4mnumswvznzv

nobody 1y ago

rigidity is only useful during sex, in specific locations. everything else requires flexibility.

Greg Tonoski 1y ago 💬 1

Isn't it nativity to believe in "no strings attached" funding?

Greg Tonoski 1y ago

*naiveté/wishful thinking.

Justin 1y ago

The idea that “no strings attached” funding is even possible is a joke. The giver always will have an expectation. If the expectation doesn’t happen the funding will be pulled. The receiver will always feel pressure to meet the expectation. It’s unclear why this would be a bad thing.

This isn’t a bitcoin issue. It’s a human nature issue.

karl Black 1y ago

🫡🤝

The Generous Investor Podcast 1y ago

Made my first donation to OpenSats from my Strike a few days ago. More to come. 🫡

Jaret 1y ago

🫂 https://m.youtube.com/watch?v=t6q9Vc1ZtQI&pp=ygUHQnJlYXRoZQ%3D%3D

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

engineers are artists, period

we just deal in stuff that can be relied upon over and over again to get the same result from the same starting conditions

nostr:nevent1qvzqqqqqqypzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38qqqs84l33j3j9h7etp64en680xq6gz533yjx6vqnzpdu7j9z3z2ae7dcjnyucm

Marnix Schoorel 1y ago

Well put!

Fatushi 1y ago

👏🧡

dr.fred 1y ago 💬 1

now we have the blockstream version of btc with small blocks

crippling btc as money

bch works, 21 m coins, can be used as money. try it out.

lightning is terrible, not secure, does not scale, does not fund miners

you need to grow up and stick to the facts

Mindaugas 1y ago

So, as proposed by nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle - use bch and be happy.

dr.fred 1y ago

use what works best for you

btc is not money

fact

OceanSlim 1y ago

I'm not sure you know what money is then...

dr.fred 1y ago

research what money is

why money was created

how money works

money has no fees or extremely low fees

otherwise no one will adopt it as money

satoshi nakamoto designed btc as money over the internet

with extremely low fees

read the whitepaper and real ALL emails of satoshi

tell me if you come to a different conclusion and why

Leo Wandersleb 1y ago

I use LN every day and had not even delays beyond 5s for months now. I do payroll using LN when on-chain fees are too high.

As to miners not getting their cut: When fees went up into the double digit dollar range, I topped up my LN balance with 1 transaction and paid with many LN payments in hundreds of dollars range each.

Not sure what you are talking about.

dr.fred 1y ago

lightning is proprietary crap.

it is centralized, run by large corporations who subsidise the fees for now. their goal is to make large profits from those fees. miners see nothing of their gains. all fees go to those centralized companies, not to miners.

lightning is not secure. you can easily lose your funds. many people including myself have lost funds on lightning channel. they get forced closed in many situations, you need to be online all the time or use custodial accounts. 99% of users have custodial accounts, not wallets. cash, strike etc are NOT wallets, they are accounts which require you to hold up your passport with a selfie and send it in. they want your telephone number, email and they own your funds, they can do with your funds whatever they want. they can block your money, steal it from you. it is the same as paypal or venmo.

finally it is mathematically proved that lightning does not scale. even the most hardheaded btccoiners agree.

OceanSlim 1y ago

Yes, there should be tradeoffs to quick cheap payments. BCH does it with big blocks. At scale the only people running nodes will be FAANG companies. So much for making sure a few can't make decisions for the many.

dr.fred 1y ago

if you read satoshi's email

you will know:

satoshi designed bitcoin as money

of course there are advantages and disadvantages of almost everything

https://www.doubloin.com/learn/bitcoin-block-size-debate

that is why stateists like saylor and criminals like blackrock propagate store of value and tell you that it is not money, does not compete with dollar, euro and banks. saylor just did it on video this week

OceanSlim 1y ago

Protecting your purchasing power I see...

dr.fred 1y ago

in one year bch has done much better than btc by 100%

shows you that it does not matter what you buy

but when you buy it

btc has shown poor performance vs tech shares

we were talking about money and you changed the topic

OceanSlim 1y ago

If it matterss when you buy it, you've just made the case of how shit bch is as money. None of the things you mention have anything to do with a good money.

Who said money should have no fees? Why does everything have to happen on L0? You have a rudementary understanding of money my friend. If you stay with this BCH thing, it will not bode well for you.

dr.fred 1y ago

it is not money

learn about it

why money was created

what money is

no adoption with high fees

OceanSlim 1y ago

I know why money is emergent and I know what it is too. Can you explain your position so I can tell you where we disagree on the definitions?

dr.fred 1y ago

satoshi designed bitcoin as money over the internet with very low fees

read his communication. i did. i read all emails of satoshi.

"btc has nothing to do with satoshi"

adam block from blockstream testified in court under oath recently

it was crippled as money to force users into different custodial solutions like lightning and liquid

OceanSlim 1y ago

Brother. Your argument for what money is is your own subjective understanding of what one person said about money over his time involved with Bitcoin. That's not what money is. Try again to come up with an actual definition.

dr.fred 1y ago

in ancient times people bartered cow halves vs craftsmanship to build a ship. it became too inconvenient because you need to own exactly what your trading opponent wants. that is why money was created. it started with promissory notes which were covered by gold. finallly the banking system was created. all moneys failed when the notes or the banks went out of reserves.

today many different moneys exist. money gets adopted for convenience and for low fees.

people feel comfortable even in a fiat ponzi scheme when they can conveniently pay with their cards and even get 3% refunded of their purchasing price. settlement is 6 months. they can return or dispute anything. it does not matter to them that the usd or eur ponzi is losing value every month because they have their wealth invested in shares and real estate and both always makes up for the loss.

how do you motivate these people to switch to using btc with super high fees and immediate settlement? they laugh at you when you tell them it is money.

you can't.

even in el salvador where it is legal tender no one uses btc as money. i was there several times.

that is why you run ito a wall when you try to convince people.

if btc was money it would be mass adopted immediately

OceanSlim 1y ago

We need to have a nostr nest to debate. You have a bunch of points that go all over the place and don't relate to anything with anecdotes mixed in everywhere. I can pick part ever sentence on a text response in a meaningful way. Set up the nest or corny chat and I'll have this debate.

dr.fred 1y ago

ok. let's do it

OceanSlim 1y ago

I am mostly available after 8 pm ish (est) every day that's the kids bedtime at least. But I'll make provisions to be there.

dr.fred 1y ago

what time zone?

OceanSlim 1y ago

Est

dr.fred 1y ago

you are one hour ahead of me.

who will set it up?

can you send me a link?

OceanSlim 1y ago

Would you like to do cornychat or nostr nests? I don't have a bunch of experience with either. What time is 9pm someday good for you 8pm your time?

dr.fred 1y ago

yes the time works. i have done chats on nests before. i can set it up at 9pm your time and send the link here for others to join. what day do you prefer?

OceanSlim 1y ago

Any day I suppose. I'll make arrangements that day.

dr.fred 1y ago

MartialMind 1y ago

All roads lead back to bitcoin. Don't fret, you will get their eventually.

dr.fred 1y ago

your sentence could be from scientology

what does it even mean?

MartialMind 1y ago

Many bitcoiners follow the same path:

1. Discover bitcoin.

2. Think bitcoin is old slow tech or I'm too late.

3. Start studying "alt" coins.

4. Believe they actually solve some problem.

5. Something or some event prompts greater education.

5. Greater education leads to realization that bitcoin is the inovation and has properties that cannot be duplicated.

Bitcoin has its flaws, but it is the only real chance we have at a peacful revolution.

You cannot reinvent the wheel, all roads lead back to bitcoin.

Leo Wandersleb 1y ago 💬 1

> the community has worked tirelessly to set this up with things like OpenSats, Brink, HRF, Chaincode, etc.

Those are all US entities and as such, bound by OFAC rules for example. Bitcoin is for enemies and it worries me that most of the funding is under the strong influence if not control of the US government.

Who can add some examples of Russian, Chinese or Asian organizations?

jack mallers 1y ago

probably some russian and asian people

Leo Wandersleb 1y ago

👀

HODLFast ⚡⚓ 1y ago

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frphank 1y ago

In the fiat world, the government raises taxes to fund public infrastructure. That's pretty awesome isn't it.

William ₿ Travis 1y ago

This is definately the job of the bitcoin community. But once trad-fi and govts get involved with funding the devs, things will get difficult.

TLM🟧⚡ 1y ago

Word up! 🫡🟧

TLM🟧⚡ 1y ago

Vote with your node.

BitBees 1y ago

I just cannot agree with nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 Jack more. These young thinkers are so key to how we *WE, and how ₿ can continue to be #bitcoin ♡.

*as a collective #bitcoin community