No sorry the rich guy with the yacht holding his bitcoin with coinbase wants to ossify bitcoin so just gfy
Discussion
Do you actually understand the issues in this debate?
Iâm just wondering if youâre posting Twitter-like hot takes here on nostr for the lulz or if you really do see the world in a simplistic binary of people who hate bitcoin and people who donât.
Keep in mind that these âtakesâ polarize and harm the community and also could result in less support for developers.
Thatâs what I thought. Wasnât sure if you realized this was harmful to the community and devs but it guess you do.
Saylor is harmful to Bitcoin development. Thatâs what I care about. If youâre offended then you can GFY.
đ the world isnât so simple, is it?
Do you realize that bitcoin core is extremely important but bitcoinâs most centralized point of failure, right?
There is no alternative software version that we can run. We have a choice between core and nothing.
Maybe you love 4 MB blocks with spam jpegs, but the community fought hard for small 1 MB blocks. What happened? Why was this discovered once nothing could be done? What will stop this from happening again?
Do you really want large corporate interests to fund bitcoin core?
Do you realize that developers are not magical wizards but humans that make mistakes? That lines of code == bugs? And even bug free code can change the network incentives?
Some of us want bitcoin to be there for our descendants and donât want people to screw it up.
Can you guarantee that the next software update wonât have another malicious unintended side effect? If not, have a little humility and push for slow and careful progress rather than a fun free-for-all.
âOccam's razor is the problem-solving principle that recommends searching for explanations constructed with the smallest possible set of elements.â
Here is a list of projects that lost funding:
https://opensats.org/projects/showcase
These are all projects that couldâve been funded by the ark donation. Bitcoin core is only one of them. This future you want, which I also want, is not going to happen with the tools we currently have. Lightning still fucking sucks. Businesses still donât accept bitcoin as payment. Do you think this future you want will happen without btc pay server and lightning improvements?
And if you think that more money going to bitcoin core will break bitcoin or create some type of bug, then it isnât anti fragile money. Remember that you donât have to update your node. The bitcoin core team canât force you to use the version of bitcoin they want. Itâs a free market.
That sucks, doesnât it, that he didnât fund opensats, but thatâs a red herring and not the debate. Saylorâs issue is with unrestricted core development. He said as much in Liveraâs podcast. ODELL implied that funding was offered but it had âstrings attachedâ.
Lightning doesnât suck. Itâs just that you want to use it for use cases it likely canât support with its channel-based architecture.
I too miss the good olâ days when fees were low. We all knew that wasnât going to last.
Itâs clear that Lightningâs destiny is to be used by large institutions and federations. We, the plebs, will be kicked off to higher L3s and federations like Liquid, fedimint and ecash. Those federations will use Lightning to exchange with each other. Donât blame me or Saylor. Satoshi made those rules when he set in motion fee increases on L1.
If you think bitcoin should be used as payment by businesses, you need to first understand Greshamâs Law and Thierâs Law. There is a natural progression and you seem to be trying to jump steps. There are no shortcuts. Iâm happy to explain more.
Sure, bitcoin is anti-fragile, but only if we protect the protocol. It has a weak spot which is core. Read up on the blocksize wars to understand how close the battle was. We all came close to living in Craig Wrightâs world.
Donât gaslight me with the âyou donât have to update your nodeâ bullshit. If you believe that, you donât understand how software requires continual maintenance just to stay working. If we didnât update our nodes, those nodes would die in a decade.
A free market has choice, and there is only one monopoly here, isnât there?
I can tell your heart is in the right place but you need to start getting into the details. The core network needs to be protected and defended so we and our descendants donât lose the gift Satoshi gave us. Donât take its success for granted.
I can tell youâre making a lot of assumptions about me.
Like I said there are projects that wouldâve gotten funding through open sats including those layer 3s like cashu. And more funding can help with the maintenance. But if you think core can be corrupted and that will hurt bitcoin, then it inevitably will happen. Itâs only a matter of time. But if bitcoin is anti fragile, then core canât destroy it.