Avatar
H.M. Murdock
2d99154ee0bc71c0be89258ea2b9e6c9d2c1d82256c8ae021884d98c95b6e4c0
Voluntaryist.

I'm doing a 2 gun match at the end of this month, gotta zero the new AR prior to that, if you want to do another range day soon.

Turns out there's a significant overlap between gerontocracy and kakistocracy.

Nations aren't private property. I mentioned national borders, not property lines.

Replying to Avatar JAN3

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe , nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a , nostr:npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt, Giacomo Zucco and Knut Svanholm tackle scalability, drivechains and the overall state of Bitcoin’s evolution.

You don’t want to miss this! Follow the link below.

https://www.youtube.com/watch?v=Ui9P89kiDLc&t=1265s

Is the conclusion that Drivechains are retarded?

Next Jax Bitcoin meetup has been set, hope to see you there.

https://www.meetup.com/bold-city-bitcoiners/events/296195684

If a patriarchy ruled the world men would do nothing but eat Little Caesars with our bros and think about the Roman Empire.

Everyone, just not in a single day.

OK, lemme approach this from a different perspective:

Bitcoin isn't absolutely scarce.

If it were, any change to the final supply would be absolutely impossible. Yet some, including a few major figures like Peter Todd, want to change the final supply, increasing it through tail emissions.

If they form a fork that achieves the heaviest Bitcoin chain in terms of PoW, then Bitcoin will no longer have a fixed supply.

This is quite unlikely, but not impossible. If Bitcoin had achieved "absolute scarcity" it would be impossible. Therefore absolute scarcity is not a feature of Bitcoin, highly probable scarcity has been achieved at best.

Absolute scarcity is a bullshit term, better for entrancing the minds of the already convinced than persuading those who aren't.

It's trivial for someone to make a shitcoin that's more scarce then delete the keys so it remains forever more scarce.

But we don't care if something else is absolutely more scarce, because Bitcoin's scarcity isn't nearly as important as its:

• uptime

• network effects

• verifiability

• permissionlessness

• difficulty to censor

• resilience

• predictability