So, what do we do against Bitcoin hash rate centralization?

If the measure of "contributing to the economy" is only measured in 'fiscal' terms, then yes. This doesn't sound like an 'immigration' problem or an 'economic' one.

It varies. But the thing is, speed and even band width is the least of our worries as the regime has filtered and banned so many useful websites, platform and social media that there is nothing left of the free world wide web for us but a husk.

Not to mention the forced "safe search" mode that we can't turn off and we don't know what's its purpose.

Also, the regime has a history of throttling our internet in times of crackdown.

It varies. But the thing is, speed and even band width is the least of our worries as the regime has filtered and banned so many useful websites, platform and social media that there is nothing left of the free world wide web for us but a husk.

Not to mention the forced "safe search" mode that we can't turn off and we don't know what's its purpose.

Also, the regime has a history of throttling our internet in times of crackdown.

If people defend USAID, take a look at who they work for. I have been putting up with an old classmate who had been parroting the NY Times for a week on the USAID issue. Turns out she works for a company that depends on the US bureaucracy overseas. She has become a tool of the Deep State without realizing it. But now her livelihood depends on continuing the graft.

I'm pulling my hair out trying to access the proxmox web interface on the machine I just installed

Long overdue to selfhost even more

Long overdue to selfhost even more

Iran’s currency, the rial, plunged to a record low of 891,000 per US dollar today on Saturday, following the leader of mullah regime Ali Khamenei’s rejection of talks with Washington the day before.

Compared to the same period last year, when the dollar stood at 510,000 rials, the national currency has devalued by 75%.

The economic fallout from the rial's collapse has been profound. Consumer goods inflation in Iran has surged to approximately 50%, leaving more than one-third of the population below the poverty line. 😔

Yes. But a few people understand Bitcoin

Long overdue to selfhost even more

Iran’s currency, the rial, plunged to a record low of 891,000 per US dollar today on Saturday, following the leader of mullah regime Ali Khamenei’s rejection of talks with Washington the day before.

Compared to the same period last year, when the dollar stood at 510,000 rials, the national currency has devalued by 75%.

The economic fallout from the rial's collapse has been profound. Consumer goods inflation in Iran has surged to approximately 50%, leaving more than one-third of the population below the poverty line. 😔

Imo the biggest threat to Bitcoin isn't governments adopting it or a bunch of ETFs

It's if the majority of mining is performed by the state (or regulated by the state)

This could enable large double spends especially considering huge stockpiles of coins are now also held by regulated custodians

Then what? Theory is node runners just fork the network to before the double spend

But of course this is a huge mess, individuals could lose billions, even trillions, will make block size wars look like child's play. Our $5 DCA up against Saylor and blackrock and the money printer.

Bitcoin is a network effect technology and also based on people's confidence in it as a reliable savings technology - the network and confidence could be shattered

This threat is already here today, while we celebrate the hash rate blowing up we are ignoring it's all happening with public miners under the thumb of the USG - and it gets worse every month.

I suggest that we need to take responsibility for mining much more seriously - little 1 TH bitaxes aren't gonna cut it unless tens of millions of people are doing it, which is unlikely.

Anyway just rambling maybe useless fud, I'm tired and hungry, but this keeps me up at night

Imo the biggest threat to Bitcoin isn't governments adopting it or a bunch of ETFs

It's if the majority of mining is performed by the state (or regulated by the state)

This could enable large double spends especially considering huge stockpiles of coins are now also held by regulated custodians

Then what? Theory is node runners just fork the network to before the double spend

But of course this is a huge mess, individuals could lose billions, even trillions, will make block size wars look like child's play. Our $5 DCA up against Saylor and blackrock and the money printer.

Bitcoin is a network effect technology and also based on people's confidence in it as a reliable savings technology - the network and confidence could be shattered

This threat is already here today, while we celebrate the hash rate blowing up we are ignoring it's all happening with public miners under the thumb of the USG - and it gets worse every month.

I suggest that we need to take responsibility for mining much more seriously - little 1 TH bitaxes aren't gonna cut it unless tens of millions of people are doing it, which is unlikely.

Anyway just rambling maybe useless fud, I'm tired and hungry, but this keeps me up at night

I felt like the guy was humping my leg as I was reading it.