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allen
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hopescrolling web🍰

if I had to guess, and I’m just taking a stab in the dark here, it’s not something I’ve thought much about until now, I would say that Gauge Theory Does Not Fix This™

https://allenfarrington.medium.com/gauge-theory-does-not-fix-this-625f98de3246

OH YEAH?!? then how do you explain Gödel’s and Cohen’s proofs?!?

no, not okay, and now we’re gonna argue about it.

yeah that seems like an obvious win. I was wondering recently about what the best UI for this would be coz Alby does it well but clearly that only works for web apps. I agree that at the very least it should be a default feature for nostr apps and they shouldn’t even care how you decide to solve it on your end.

then argue about something else.

what do you think about the continuum hypothesis? solved or no?

sure, but only because they believe chartalist propaganda and have never actually thought about it. the only way to well-pose the question you are referring to would be something like: “how can this be different to what I am used to?”, which I think answers itself for the sufficiently intellectually curious. people who have a hard time believing its value won’t collapse will end up buying it at exactly the price they deserve.

I think that even if you are as critical as you could possibly imagine - say you think ordinals are literally the work of the Devil, out to thwart our glorious future of a decentralised money - then you still have to treat it at the following conceptual level if you are being intellectually honest: this is just spam. if we can’t deal with spam, then we really are fucked. a globally distributed network, inherently adversarial to nation state money printers, cannot subsist on begging and shaming people out of spamming it. it’s either open or its not.

put it this way, if monkey jpegs are really going to outbid lightning channel openings in a hyperbitcoinized world, then wtf is the point? any fee is a good fee and if we can’t structure the incentives such that people are willing to pay for legit use cases then we’ve lost.

and in fact, who is to even say what is and is not “legit” if not the market? so it’s all begging the question anyway.

ngl tho, I am super nervous about key security so was probably just gonna make a new burner account. afaik this is quite a serious outstanding issue at the protocol-level.

been meaning to get around to this. will follow answers to this thread with interest!

I’d say that’s worth acknowledging as a real utility but I’d push back even further and say that assuming it is “backed by something” is a category error. you only ask what it’s backed by if you don’t understand what you are talking about.

bad in that they’re hella dumb and susceptible to scamming and degeneracy - the idea they are “good for adoption” is retarded because the proponents have an extremely short-sighted and high time preference attitude about the reputational impact, in that not all attention is useful attention; neutral in that who am I to say? it’s a public tool and how I feel about how people use it is of absolutely zero importance to anything; neutral once again in that it’s clearly a fad that has already enormously died down and a lot of the scaremongering about the impact was even more laughably stupid than the ordinals themselves; good in that it probably won’t ever die down completely and so it seems like there is now a permanent block space buyer of last resort; good once again in that expansions of utility that don’t endanger decentralisation or consensus are definitionally good because we have to be humble in admitting we don’t know what will come from them. something significantly less retarded than monkey jpegs could be right around the corner.

oh god, is that the one who wrote the nauseating Atlantic article I debunked? the “oops, we couldn’t possibly have known, but we’ve forgiven ourselves so you should forgive us too” lady?