Andreas already nailed this:
The internet of money.
Reputation systems should be based on work, not socializing. So merit it is, then.
Hey - thank you for those annual reports (and all of the other stats you collect).
I read it every year, and compare to the few stats I produce on my own.
…and bitcoin is “bad for the environment” lol
Can you name another reason to centralize anything?
The point *is* control.
I get your point.
But every tyranny, every empire before them has fallen. I see no reason to believe this one is different.
You can’t put the genie back in the bottle. The idea is now out there. This is why you don’t need to hope in bitcoin, you can *know*.
You’re only hope is we get it right the first time, for everyone’s sake. But if we don’t, then we will try again. And again. And again. Entire races have seen generations come and go in pure slavery, and yet we keep gaining ground.
Mankind’s instinct and fate is to wrestle with and balance freedom and tyranny.
“Saving state”. Ritual requires end-od-day routine of writing down where to pick back up, what stuff to out back in your head, etc. use short-hand. Use notes to speed up rebuilding state in your head.
Often, for me, this involves writing down next few steps, what questions are unanswered, and recently answered questions. That’s usually enough to jog memory.
Lol. Hashrate will move, regardless. Their may be pain during transition but the net result will be even more decentralized mining as the non-“public” miners move to other locations/pools with better conditions.
Either the economics of bitcoin work, or they don’t. They are based on allowing the free market to do its thing. I don’t believe this can be stopped. If authorites squash/capture one market, two free ones will pop up to replace it due to incentives alone.
Nah, if there is any brains at all with the authorities, best to keep a quiet eye on it as-is less they force it adapt and decentralize even further. China made a big mistake. I suspect the IS may learn from that.
Yes. And if they are juicing the mempool with garbage ordinals, eventually that ponzi will die out.
In the meantime, everyone learns a *little* more about lightning and node configuration.
Can’t stop the signal.
Like bcash et al? I welcome it. Growing pains, which was op’s point, but good for bitcoin at large.
One of the best ways to move things forward is put something out there that you KNOW is wrong, and then stand back and let others tell you how its wrong (usually followed by showing you). A good tactic when things stagnate. People LOVE to tell others how wrong they are.
This is good for StratumV2. Will push thibgs forward.
There have always been, and always will be, bad actors in the bitcoin space. Makes us stronger!
I always get a little nervous watching people be so eager to make changes to a protocol due to valid usage that they don’t like.
BITCOIN IS NOT A DEMOCRACY
The lack of another electronuc master was worth ditching it from the beginning. Then batter battery life, etc.