Been thinking about the Core/#Knots debate.

Going back to first principles and Satoshi's Bitcoin Whitepaper:

https://bitcoin.org/bitcoin.pdf

- First Principle 1: Bitcoin is a monetary network

"peer-to-peer electronic cash"

- First Principle 2: "Honest" nodes secure the network

"The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes."

- First Principle 3: Nodes keep the network decentralized

"peer-to-peer"

- First Principle 4: Bitcoin must remain decentralized and secure to function as a monetary network

Bitcoin, as it was originally intended ("peer-to-peer electronic cash"), dissolves the false illusion of fiat by imposing Universal Laws in service to humanity and thus transforms the world.

Bitcoin Core v30 Related to:

- First Principle 1: Violates Bitcoin as a monetary network by welcoming larger non-monetary data on to the blockchain

- First Principle 2: Compromises Bitcoin's security when nodes become public data storage forced to hold and relay illegal content uploaded to the blockchain by bad actors

- First Principle 3: Compromises decentralization when it becomes too expensive, too complex, or illegal for regular individuals to run a node because the blockchain is bloated with non-monetary / illegal data

- First Principle 4: Bitcoin is no longer a decentralized or secure monetary network if the previous first principles are violated

Bitcoin, as storage for .jpegs and other non-monetary content, becomes a shitcoin.

Core is not Bitcoin; we are Bitcoin.

There is a thin line between "Bitcoin will be fine" and "we need to act to keep Bitcoin fine." The simple solution is to vote with your node 🧑

On a positive note:

- This debate is strengthening Bitcoin as a monetary network; it is getting more plebs involved, running and actively managing their nodes.

- It has made the issue of centralized mining more visible to the community and invited more plebs to run solominers.

- It has also provided excellent signal! I'm grateful to be connecting with a lot more nodes who deeply care about this protocol for humanity and know what Bitcoin entails far beyond "1s and 0s"⚑️✨

For more info, would recommend these videos:

https://www.youtube.com/watch?v=2t0J9jq5q_A

https://www.youtube.com/watch?v=dMvpRVHr8Lc

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Discussion

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TLDR: Bitcoin is money. If Bitcoin is not money, it is worthless, just like all the shitcoins.

πŸ’―βš‘οΈ If Bitcoin is not "peer-to-peer electronic cash," it is fiat. Thanks for the share Luke appreciate it ✨

Absolutely smashed it with this one; beautifully broken down and articulated. Both of those videos are solid choices too. Thank you

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Great points. I think the increased awareness is a positive thing. Whether it’s core v knots or both v 10 others I think freedom of choice is important. And removing configurability, removes choice. I challenge all those people saying spam is just data to post their personal emails online, remove the spam filters and see how much they like that.