Avatar
Sjors Provoost
8685ebef665338dd6931e2ccdf3c19d9f0e5a1067c918f22e7081c2558f8faf8
Physicist turned bitcoin developer aka "shadowy super-coder", author of Bitcoin: A Work In Progress

Not in the last month or so. But yeah I'm a huge influencer and engament farmer using every trick in the book! :-)

This is exactly why I rarely buy nice cloths. First need to get in the right shape. Which I then procrastinate on for a decade or so.

No idea what triggered that, but our AI overlords are infallible, so it must be right.

Well, most most accumulated karats, not length, would be the more accurate analogy.

The list is here: https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Changing policy rules is relevant for all Bitcoin software, not just Bitcoin Core.

That said, the mailinglist should be limited to technical arguments. In the sense of RFC 7282.

https://www.rfc-editor.org/rfc/rfc7282

For full on political takes like "let's sue x", social media is a better place.

Replying to Avatar Nymmo

The Deep Hot Biosphere: The Myth of Fossil Fuels https://a.co/d/aZZRUeR

Saifedean talks about the scarcity of energy in his book Principle Of Economics:

https://podcasts.apple.com/ca/podcast/the-bitcoin-standard-podcast/id1403202032?i=1000618463131

Aka everytime we “run out” the market forces the discovery of new reserves.

Hydrocarbons are not dead dinosaurs that makes no sense it’s an entirely different compound.

Everytime we *ran* out. Our ancenstors, who survived to produce us, never ran out. This is called survivorship bias.

A discount with a 4x decrease for non-witness stuff would also work. That would have been a "bit" controversial though.

Without the discount it would still be cheaper to create a new change output than to spend an existing UTXO.

Hard to say without knowing the counter factual, e.g. if SegWit was deployed with no discount and the witness data included in the 1 MB limit.

We don't know what part of that 50℅ was due to slower sync vs. e.g. just more user friendly wallets (that don't use a full node).

Without knowing which of these nodes actually controlled funds vs just astroturfing it's not even clear if the trend is really down.

I can't control other people's inflamation. It's perfectly reasonable question to answer for anyone who believes the American standard is good and should be the global standard. You could also do it for European standards of living, it's probably not even that big a difference.

Here I'll get you started with a very conservative example.

"In 2006, there were about 4 million tons of conventional resources.[53] In 2011, this increased to 7 million tonnes."

If I assume 4 million MJ/kg, or 4 peta joule / ton, that's 28 peta joules.

Assuming world energy consumption of 600 eta joules, mulitply by 10 to make everyone American.

So then if we only used nuclear and didn't bother to find more uranium, we'd have a whopping 0.028 / 600 * 365 * 24 * 60 = 25 seconds worth of global reserves.

Oops. Anyway, I probably made a mistake here somewhere, but this should illustrate the methodology. Repeat for all known fuel sources, allow for some supplies that we haven't yet, adjust for whatever world population size and consumption level you think it good.

No handwaving about future magic. Always hope for the best, but count on the worst.

Fwiw what I vaguely remember is fossil plus nuclear reserves are in the order of decades to centuries, which means years or decades at American standard of living for everyone.

https://en.m.wikipedia.org/wiki/Uranium_mining

Still haven't gotten an answer to this. I looked at these number twenty years ago, but we probably found more reserves since then.

nostr:note1uhrletrjd6pyfv3y8yw0hp3dr9rlha9pf47sjhz270kscvrvakqs99lzxg

Do you have actual numbers? This sounds rather new-age.