Discussion
Thank you
If Bitcoin is reliant on volunteer devs who aren’t incentivized beyond their own altruism doesn’t this mean Bitcoin as a network relies on trust?
Trust that altruistic individuals will dedicate an appropriate enough of their energy to keep it working?
bitcoin doesn't rely on altruism, it relies on game theory and incentives.
we, the network, have an incentive to support developers maintaining the project because it is worth it to us for Bitcoin to live on forever
And some governments or interest groups can have the incentive fund developers contributing to the project in order to reach their goals. The takeover over Bitcoin it’s quite scary and maybe quite natural given the world we live in.
That's the truth
Bitcoins design was retarded. Look at the market manipulation that miners are doing now.
It takes way too much power and time to process transactions
At the block chain grows, it will take longer and more power.
We have their back .. open source is for ever !
Love you brother stay strong and remember where we are headed - victory and freedom and abundance for everyone
I hate how they don’t let me know how long the video is
It's 2:22, it's showing a total duration on Primal for me.
Jack, we need a way to contribute to developers and other actors within the space that doesn't depend on altruism at all. We need a way to invest capital, have that capital build a revenue stream, and then direct that revenue stream towards the devs and other causes we want to support. Bitcoin only has one revenue stream built in, and that's mining. And anything we do is going to be seen as a security because it's an investment of capital with the expectation of returns. So we just need to make it possible and get it rolling. Can we get you to strike the iron before it gets cold?
"There's been war ever since I can remember."
Sad to hear you speak these words on latest Money Matters
Blessings upon your family
This is exactly on point. The role of a functional society is to protect the innocent and valuable members of it. If we want bitcoin to be maintained, the bitcoin developers need to be protected.
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Thank you for using Primnal. It makes our job so much easier.
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i watched this whole interview and thought it was excellent. really good questions. I'm still getting my head around the idea of sending fiat and using lightning to do it
Based. You don't get enough credit for being as real as you can while running a business.
appreciate that
#FreeSamourai
I can imagine this also can happen to Nostr devs in the future…when the impact of Nostr grows then more powerplay will occur from different sources / forces.
What are the initiatives to unite and share defense tactics?
Bitcoin fall bellow 57k after the halving due to the high volatility, and because of lack of skills and strategy most of you folks sell off with out of fear in the space,
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Legend