Real REVOLUTIONS never happens in PEACE

(give me an example from history if u think otherwise.)

or else check/dig below

Russian Revolution

French Revolution

most of colonial empires only gave up after WW2 catalyst impact and cascading process or else 70+ new countries would not have existed today after 1945

But is it non-custodial?

I hope #Nostr will not become a closed source code for a few people due to technical barriers

nostr:note1g6v9em3dcs5v6hglh3nuq3pg55xylwm64qt4vd4d776rde62e9jqfzfdjy

good to explore new ideas. just keep asking questions until you have confidence that the new technology is built primarily to serve you and not primarily to serve the creator of the new technology

for day-to-day transactions I find the USD is still the best tool for me — makes tons of freedom tradeoffs, but the acceptability is key for most use-cases. However, I wouldn’t want to hold it over time... melting ice cube

if you’ve already got enough bitcoin I’d suggest you consider picking up some more satoshis to augment your stack

the next bitcoin is bitcoin

the next nostr is nostr

There is tremendous opportunity for decentralizing hashrate through miner heat reuse in all kinds of applications, both domestic and commercial. People are already using miners to heat their homes and water, amongst other uses. In places where heat was already provided by electricity, the bitcoin earned from mining is essentially a rebate on the energy cost.

It seems likely that large miners who rely on cheap power to stay profitable will continue to struggle with each halving, while those who are clever about leveraging miners to provide low grade heat will successfully stack sats without worry.

This is a decentralizing trend that I don’t see discussed much in mainstream circles yet.

Mining has not centralized, it has decentralized over time. Mining *pools* have centralized (though on the surface it appears more distributed, but it isn’t unfortunately) but this is a networking problem, not a PoW problem.

Again, the problem is fundamental, not surface layer. PoS consensus cannot come with a “stake” that is determined by the outcome of that very same consensus. And PoS also has a fundamental centralizing force because there is no competition against stakers. You cannot remove or compete against their staking share unless *they* sell their coins. So the wealthiest stakers will always grow their portion faster than everyone else in the network. It centralizes far, far worse and more systemically. PoW does still just have the natural, physical economies of scale that make decentralization an uphill battle, but that’s not something inherent to PoW operation specifically.

I don’t know anything about that random token, but I’d bet very confidently that they have centralized checkpoints as part of consensus. Every other PoS model has it for obvious reasons.

Simply put, there’s no comparison here. PoW isn’t perfect or without challenges, but PoS isn’t even in the running. It’s centralized by default and can’t reach consensus in a decentralized fashion in the case of a network failure, communication lapse, or split in the network of any serious depth. Like I said, it’s the facade of decentralization that exists only at the very tip of the chain.

#Bitcoin can reach independent, untrusted consensus from block 100 (or block 1 even) if necessary without ANY coordination simply by verifying the PoW. No PoS can expect to even go 100 blocks back from right now without huge problems, or possibly even hitting signed checkpoints from a centralized trusted source, let alone years back or all the way back to its first day of operation.

PoS is not a decentralized consensus model. The problem of PoS is circular. The stake must be external to the consensus output itself to be meaningful. If any PoS network pauses or anyone becomes hugely out of sync pr disconnected from the rest of the network, trustless verification of the real state is not possible. They only survive on the thin consensus derived from the network being live and everyone staying on the most recent block and having general social agreement. It is not robust, nor secure against network failure or outage. Trust is inevitably necessary.

A perfect example of this is that every PoS network has centralized, signed checkpoints. Only the shallowest of consensus is trust minimized, after even a little depth it’s completely centralized.

The problem with successful deterrents is that there is no clear connection between it and the outcome. It must be inferred from deductive reasoning.

This makes it incredibly easy for people to convince themselves of its irrelevance, or to claim “it’s just different now,” or to ascribe the success to something at the surface/social layer that is completely ineffective on its own.

In essence, the success of a deterrent sews the seeds of its ultimate removal through ignorance and simply forgetting the real nature of the world.

A good example that I think hasn’t succumbed to this yet is #Bitcoin mining - People in the future might start to say that the state was never really a threat, or that nobody cares and we all just want to work together, because it simply hasn’t been successfully attacked. When really the fact that attacking it is such a huge cost while even the degree of success is so severely limited, that it’s simply smarter to place their resources on the other parts of the battlefield (own more of it, regulate it, control the exchanges, attack developers, etc)

Just a weekend musing. Seemed interesting since we seem to have been brushing the edge of this problem with the individual right to bear arms for a while now. The people have become incredibly naive and complacent. The lack of a mass killing of the population over the past 100 years (which is actually *extremely* unique) is just kinda hand waved away like “that’s just how it is now.”

I feel that 2020 woke up a ton of people with a small preview into the horrible nature of most people and how quickly they can turn on common sense and human decency. But it’s just crazy to think that often times the *most* successful methods/technologies may very well be the *hardest* to see as successful. I wonder if the same will happen again with sound money in 100 years? 🤔

A few more bitcoin wallets available now:

- Breez

- Blitz

- Blixt

If you have other suggestions let us know! Even if it doesn't have a 5-letter B name

There is no second best strategy. nostr:note1h8czwfe2fv0a43f78lxc8pe3xvcc98xjjh55v6m953ggjkdc3ncq3zn8u2

It’s ok to admit you’re only in bitcoin to get rich. Bitcoin is secured by human greed. We need people like you.

It’s ok to admit you’re only in bitcoin to get rich. Bitcoin is secured by human greed. We need people like you.

Happy to say my streak of never voting in an election continues 🎉

Always funny watching people whip up into a frenzy over a system that views them as bottom of the barrel scum.