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Blessed by tech; working to bring the benefits to everyone. Freedom, incorruptible money, privacy.
Replying to Avatar cuban

It seemed the nostr discourse was pretty superficial. Few people wanted to dig into the underlying issues. It seemed most just wanted to take a side quickly.

The issue is probably not whether to fund devs or not. I suspect it might be related to ossification, and concerns over dev centralization.

These are two gentlemen with a lot of personal skin in the game. The topic would benefit from a deeper podcast discussion.

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m

I’m sure I speak for many others when I say I’m looking forward to the podcast where these issues are talked out in detail. 🙏

I have concerns about this too. Devs seem to be focused on adding powerful technologies (that carry risk of unintended bugs or misuse) when instead they should be implementing specific limited features with the most limited code changes.

Eg, we shouldn’t add “covenants”. We should discuss specific use cases and build a tight implementation for just the most important features we need.

Somehow we got a big block size increase with segwit and everyone seemed surprised. Then we got the inevitable spam.

Hard to have a real conversation about this when the important details like dosage and timing are missing.

I don’t know for sure, but if he has this motivation, I suspect he’s for protocol ossification.

I’m personally concerned with how the protocol is being developed. I don’t get the impression that devs are making the most limited code changes. As a dev, I know the temptation to add expansive Swiss-army knife technologies which are very powerful but come with a high risk of undesirable consequences.

nostr:note19pd88885rrnx87yl6l67cs9382unt0l89wltpsw8uln7wxlvy73sz076sx

IMHO, devs are focused on adding new technologies to the protocol when they instead should be adding limited specific features.

Technologies are increased capabilities that can be used in multiple ways for multiple features. They also have a higher likelihood of being misused in a way that wasn’t intended.

We should instead develop for a specific feature and make the most limited code changes to enable that one feature.

For example, devs should have made a very limited change just to enable Lightning, but instead they rolled out SegWit technology with a hidden 4x blocksize increase and we got network spam. Have devs learned the lesson?

Ossification should be the default and we should add specific limited features when they’ve had sufficient time to bake.

We have to acknowledge that with more devs, comes more risk. Devs don’t know when to stop. More code means more bugs. To see what happens when too many devs get involved, we can watch ETH. 🍿

Bitcoin isn’t a shitcoin. We don’t need to compete on “innovations”. We also can’t “move fast and break things”.

Trying to steelman Saylor’s possible perspective … funding devs could be dangerous because they don’t know when to stop building. Recent changes expanded the block size in a obscure way and we got ordinals and network spam. Chances are extremely dangerous because they likely require an (almost) impossible hardfork to remove. Better to slow down development and really think things through before adding any other major features. Fewer, more experienced devs can take care of maintenance while major changes are baked longer. 🤷‍♂️

Just came back from Flyover https://www.experienceflyover.com/chicago Wow! What a fantastic experience we had ! Watch this video I recorded. It really felt like we flew over #Chicago !

P.S. kids were freaking out 😂

https://m.primal.net/Hryo.mov

Needs to add sound of gunshots for more realism 😜

CDMX downtown neighborhoods felt very safe. Walked around even at night with a young family and never felt any issues. I can’t say that about other big cities I’ve visited like Toronto, Vancouver, Chicago, NY, LA, SF, etc. If you walk those cities, you’ll see homeless and passed out people on the curb. Never saw one in CDMX. If you like big cities, CDMX is worth a visit.

Yes, Roma is really nice too. I think it’s my favorite big city.

🇺🇸 bitcoiners should look into getting residency now so that they can enter when Mexico slams shut the border ala Mandibles. 😉

If you like Toronto, you should check out Mexico City. Specifically the Condesa or Polanco neighborhoods.

For a megalopolis, it’s surprising livable. Huge boulevards with towering trees. Playgrounds and parks. City forests. Nice areas, very walkable. Great food. Extremely clean. Happy people. Positive energy.

Will there ever be more than 21 million BTC?

Are global network effects slowing down?

Did someone invent a way to digitally teleport gold?

Are global debt levels no longer accelerating exponentially?

Some questions I ask myself to ride out the big drops while buying more.

Nobody pays it. The “money” was created it out of thin air when it was borrowed and loaned into existence. The bank writes off the asset and that lowers their financial ratios.