What sort of data lake are you using?
Also, curious how you're querying it all, Rust?
This… this might be possible with halving… 😳
Depends.
As a dev, a higher quality computer can make you more productive with increased compile times, etc.
I’m all about code being speech. It’s information and information wants to be free. I also think IP is stupid.
Would hate to see govt capture but it’d only be certain locales. And slow things way down
FTX made it perfectly clear paper bitcoin was rampant in the market, but now we’re seeing real price discovery.
I don’t want govt capture, but don’t think they won’t get involved and be their own undoing over the long run.
WAGMI
Amazeballs. I have a bunch of Ansible and bash script I’m tasked with documenting.
No idea.
Pretty sure cashu is Chaumian e-cash with central controller. Fedimint is a federated version of this.
Anyone want to run a Fedimint on testnet or something? I’m fixin’ to be a guardian.
Did you use the API or the web gui? I saw there’s a place to upload files, was thinking I could upload source code so that it had it for reference with every query.
Tasked to write docs at work…
Anyone use ChatGPT3 for this yet?
#[2]
Govts are coming for Bitcoin regardless of what names we use for the various aspects of the network. I think the various pieces of the networks are going to centralize during different points in time before new tech disrupts that. Mining it self is already pretty decentralized with the pools, but ideas like stratum v2 and fedipool will help immensely with decentralizing.
If the US govt cracks down via taxes on bitcoin, what happens then?
Jurisdictions friendlier will draw in capital and resources. I think the same is true for mining.
If we’re worried about govt capture of mining, complaining about words is not the solution. It’s a distraction. Educating people on home mining to drive more sovereign hash is a solution. Open sourcing diagrams/schematics/etc for mining is a solution. Fedipool and other mining enhancements are the solution.
Space boi’s theory is super interesting but don’t get hung up on words. Dig into the core idea about obviating kinetic violence in favor of electrical violence.
There are lots of things to delay the inevitable hyperbitcoinization. Govt crackdown on multiple facets is one of them. But lower your time preference. If the US govt adopts bitcoin as a weapon or national defense initiative, do you think that would increase or decrease adoption? Visibility? Dismissal? Unfortunately, there is a large portion of the world that still believe what the US govt does is legitimate (that number is growing smaller and smaller), but if they label it as critical munitions, every other country in the world is going to rush to do the same and more eyeballs will be on bitcoin and more people will come to understand bitcoin more.
The road to hyperbitcoinization is bumpy for sure. Jason’s thesis is wrapped in military jargon but at its core, it’s an interesting idea to ponder.
Same text from my sister. Almost cried.
The mining fees concern with future, super low block subsidies seems to fall apart when you consider how integral to the power grid, bitcoin mining might become.
Keeping up a steady Baseload, even without making gobs of money is super valuable to electric generators.
The premise is bitcoin is an electrical power projection mechanism that can be used for resource competition. Previous to bitcoin, most people used kinetic power projection to compete for resources.
The scale of centralization is irrelevant to the core thesis. I agree that the US govt is much too large. The best government is the smallest government. It doesn’t mean that a small won’t use bitcoin as a national defense mechanism. Do you think El Salvador is doing the right thing with volcano bonds? Have they not used bitcoin and it’s properties to protect the country from outside aggressors?
Bitcoin will not completely eliminate centralization. There’s centralization in the network itself. Humans centralize due to our nature, that nature has been abused and coupled with obfuscation and miseducation about money to create the Fed and other central banks.
I agree that sats will flow to only productive people over time. This is why we win.
PV y’all. Learn something new today.
Where does the thesis go wrong? Aside from the “bitcoin isn’t a weapon” angle. It’s an irrelevant angle to the core thesis about power projection competition.
Again, try to hold conflicting thoughts in your head. It’s hard but you’re almost there.
I was an agent of evil. I was also idealistic and believed I was doing the right thing. Young men have always be manipulated to be pawns of war, this is not anything new. Clearly you’ve been a wise sage forever and thankfully never were duped by authority figures or false narratives so I can see why you wouldn’t understand.
So you don’t have actual insights to specifics of the thesis that you disagree with and just like to parrot high level talking points? Cool.
1. True, but doesn’t mean it has no nation-state considerations when it comes to national defense. Weapons aren’t the only way you win wars.
2. No one is contesting the crypto wars and history shows how that plays out. Sign me up for the bitcoin core t-shirt with code on it.
3. This is probably true as well since most major institutions are captured at this point. But, and here’s the two thoughts at once thing, it doesn’t mean that there’s nothing interesting or worth discussing about work coming out of MIT about bitcoin.
Lol. Sure, buddy, I’m a big ol’ institution simp but I’m not the one screaming about words being scary. If spaceboi calling bitcoin a weapon takes down the bitcoin network, then it wasn’t strong enough anyway. Bitcoin can be whatever anyone wants it to be. People want to think of it as a weapon, they will.
Cyber hornets is another common theme in bitcoin. Think hornets could be considered offensive in nature? Does that hurt your brain to consider too?