I donāt necessarily disagree. Lyn didnāt say exactly what Napier thinks govt would do so Iām guessing what I think is the most common claim: they co-opt a few entities that control a large (and growing) portion of the UTXO set and either outright seize it, or do something else like a forced fork onto āgov chainā.
Maybe thatās not the angle. But if it is, how does the likes of Nostr combat it effectively?
And if itās not the govt angle, what would it be?
ETFs/Coinbase and Microstrategy at the present time.
I see how our enhanced abilities to coordinate these days help much in the scenario where a government decides to go after these large blocks of UTXOs controlled by a handful of entities.
What precisely is it about improved coordination that negates the financial repression tools which Napier claims will destroy Bitcoin?
I believe we need to make it sufficiently difficult for the government to control large swathes of the UTXO set to avoid what happened to gold, but I donāt quite see how better/faster communication tools help very much there.
The solution is that knots create a version of Bitcoin that does everything except financial transactions.
:taps head meme:
Itās not quite that stories are dangerous; stories are powerful and often useful.
In the west, the vast majority of people in the world have no *need* for rationalism, and in most of the rest of the world being rational can easily lead to ostracization or worse, which is whyā¦
Itās really amazing. The interesting thing to me is that I get it now more than everā even though I run shorter distances and with less intensity than I used to.
Iām wondering if it is down to me skimming more information than ever from Nostr and X, which ultimately gives me more information to work with when in that higher functioning mode.
Total speculation and it contradicts what youāre suggesting to some extent, but itās interesting to me.
When I go for a jog these days, Iāve noticed a large amount of increased insight and clarity of thought in recent years. Feels like my IQ goes up a full 5 points.
Not sure if the below effect is setting a lower bar to rise from and itās basically a wash, or if Iām spending more time accumulating a broad range of things that are more effectively synthesized when the blood is flowing in my brain.
nostr:note1x5yj0jpwrtc80clxahp0lwcnnmzxjc63rgntawvg9ceh4q6kpxcqtd90ls
I donāt mind well targeted ads for businesses that I want to support.
If a siteās ads are onerous or low quality, Iām unlikely to return.
Thereās the occasional exception where I use archive.is
Ok, this was funny.
I think so. I would make two bets about where weāll be in 10 years and am trying to figure out the implications:
- Block space will be massively more valuable than today, as tools built around digital permanence become more prevalent. Almost all monetary transactions will be fully āpacked / joinedā with many inputs and outputs, which spam transactions of today donāt need to compete with.
- Mining will be massively more decentralized than today making it harder/more costly to route around nodes.
I dont think the second one matters so much as it relates to spam, as we only need a small minority of nodes to propagate transactions based on likelihood of mining vs a qualitative assessment of whatās inside, in order for it to be mined.
Bitcoin == sats in UTXOs
Digital permanency == encoded bytes in UTXOs
For bitcoin itās early days, but itās even earlier for digital permanency. As utility of encoded bytes rises, spam will be priced out.
This video is super heavily edited to the point where it presents a false narrative.
Hereās the other side of the story:
- Iām quite angry about men competing in womenās sport worldwide
- Iām frustrated that in the USA, the DNC have lost their mind and are normalizing extremism against those on the right
- Iām very worried that many European countries have set in motion a slow moving but inexorable path to Islamic authoritarianism
You come across like a scolding 16 year old.
Europe still hasnāt learned the concept of peace through strength. Itās embarrassing TBH.
Apps crash must less these days now that most are written in Swift and Kotlin.
Lots of other things go wrong and what used to result in a crash often results in something else going awry for the user.
But 3rd party crash reporting companies should start thinking about doing something else.
The world will get better with Bitcoiners continuing to do their thing in various ways despite your black pilling.