Subnostr

One of the objections to Ocean “censoring” transactions is that they aren’t acting in the economic interest of the miners by not maximizing profit. Economic interest is important (if miners can’t be profitable they won’t survive, as Steve Barbour has pointed out) but it’s not the only variable.

zhenya 2y ago

I get the sentiment but I don’t see the moral equivalency of pimping your wife and censoring inscriptions. It seems like the point you’re making is life isn’t all about profit maximizing. That there’s things worth protecting and not monetizing.

But the difference to me is marriage and pimping your bride is a matter of ethics, psychology snd physiology. Your relationship with your wife and her mental and physical well being is fragile and subjective. She is a conscious being that has good and bad days. If you treat her wrong and abuse her she will take off and leave you. You made vows to her that certainly conflict with pimping her.

Bitcoin is a system built on and dependent on game theory. Game theory is weakened when adding “human elements” and its predictability breaks down. It’s antifragile and gets stronger when attached. Its laws are objective and codefied. While an emergent system, it lacks consciousness. It takes no time off. It’s built on censorship resistance, so censoring goes against its constitution.

A lot of people who know more about bitcoin than me support Luke and I’m remaining curious but admittingly don’t see it at the most basic level, let alone comparing to pimping one’s wife.

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Discussion

Keysa - Simplest Bitcoin Edu 2y ago

I followed the first half of your comment here, about one’s wife, but you lost me on the second half.

Game theory is just that, theory. It is not set in stone. Human actors are variable in their actions/beliefs and so forth.

While the things you say about bitcoin are true in a sense, you leave out the fact that bitcoin relies on variable humans to run and maintain the code, to do the proof-of-work required to manufacture and purchase the miners, to create and build the systems that provide the energy to run the miners.

Even the protocol is code that, while the same at it’s core, has expanded vastly from the original.

I do not see @Ocean ‘s choices as censorship, as I see censorship being something imposed from up high that inflicts punishment on those who disobey.

As I see it, a mining pool choosing which transactions to include is simply one option out of many others. A mining pool is run by humans with opinions and their own beliefs, and they have as much right to create a block template that excludes transactions they deem spam, therefore potentially damaging to bitcoin, as another pool does to including these same transactions, as you do to start your own pool should you wish.