Avatar
David Cavan Fraser
2f1caba26d5a9b30a0b68508cd676964819f6658e4e224797f00c88ff42253c4
Author of “My Star Will Continue To Rise” and many other maximalist anthems

Nah, he’s got a point. There’s definitely a scam going on where it’s “muh free market for block space!” Using ordinals

Then it’s “OMG, ocean isn’t mining the way I think they should! Abolish the free market for mining!”

There’s a scam somewhere in there.

Tons of ad hominem and straw man attacks against Luke.

Scam.

Ahhh, I thought you were saying that was generally true of contentious soft forks.

So they need overwhelming consensus then?

Doesn’t look like that’s going to happen

Replying to Avatar Melvin Carvalho

Actually I think a peaceful resolution is the most likley path.

The BIP has had wide review, and there is not community appetite for it at this time. There are some holes in it imho, they could tweak the proposal and come up with something better. But it might have to be a new group that pushes it.

Rightly or wrongly, 80% of the btc community is against it. There's just no way you can reverse that anytime soon. Even if you got 80% to switch, and I dont think anyone can do that, you still have enough to block it. Bear in mind you only need 6% consensus to veto all new side chains. There's a million ways to stop it, if it is the will of the community.

They wont get MASF, and even if they did, what then? You're really going to take on a $500 Bn eco system that doesnt want something with a bunch of nervious miners that dont really want to get involved in a war. Saylor on the mining committee has come out against.

Any hard fork would be crushed in a heartbeat. The trolling will die down, it will get blocked or diluted.

The BIP has been educational and asked some interesting questions. I even added a constructive proposal that might fix Paul's broken game theory. We will get stratumv2 in time, and many flavours of side chains I'm sure, and also strategies to help with the security budget.

Playing with the dials here is fun, and shows that between now and 2032 there is work to be done in hardening the tail emssion. It's good for everyone because higher security leads to higher price, and a longer life for bitcoin. Something that everyone wants.

https://www.btcsecuritybudget.com/

Hey, where can we learn more about the 6% minority veto You’re referring to?

How did you teach that conclusion?

Well I’ll be buying it!

Replying to Avatar ODELL

So Twitter is going to be a sh

I actually found the “mean” people made way more sense and there’s a certain heuristic where you actively listen more attentively to the people being framed as “mean” because they’re often correct.

I find that is heuristic to be valuable and helped me get into a ton of things early.

So no, I don’t think it’s safe to say that for everyone “mean”people mean I’ll ignore that whole idea. Some are just the opposite: we look for where the a-holes are.

So sorry my dude: normie business is taking up a lot of time!