Avatar
Jeff Swann
ec99edc5567e02815fb15020285e2fa8390931cedf59c83d6bb2c5f6ee1530b9
Politics divides. Trade brings people together. Destroy political power & set trade free.

Looks kinda like a new Honda IMO

Money tends toward one because it is a language & an economic protocol. Saying we need monetary competition is kinda like saying we need competition for rules of the road. We need competition to decide if driving on the right or left is better, we need competition to decide if red should mean stop or go. Consensus around the rules of the road are what allow people to get where they need to go. Money is what enables value comparison & competition. If we had endless competition about internet protocols then nothing would work. The monetary competition is going to eventually come to an end & I think Bitcoin is going to win it because development took network security & robustness more seriously.

This whole kneel for the anthem campaign was truly a brilliant propaganda move to undermine the growing libertarian threat to statist idolatry.

In one move they got the left to actually support a more subservient position toward the flag (while claiming it's a form of disrespect) & they galvanized the right in their desire to stand & pray with their hand over their heart.

It's disgusting, but it completely steals the wind from the sails of the "be this guy" meme with the crowd doing the German salute.

nostr:nevent1qqsvkpxsh80alru8k8vd8drhaaf99y26wjf76jgj2s264pt7haq8lycpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgs07xngcssgyyzas5kyyk7t0q7fnc7gln90565n5ghns20qajvrrncrqsqqqqqphtzz28

If you thought that you wouldn't advocate things that turn the entire base network into a centralized intermediary.

Real problem solving does take time. "Make 'em bigger" doesn't actually solve anything.

With Keet & so many other tools available it seems like enforcement is so unrealistic that even if they got it passed it wouldn't matter. Might make people actually start using more private options just because they were told they can't.

We have proof from ETH that increasing the blocksize kills decentralization completely.

We also have proof from BCH (+ Bitcoin Dark, BSV, etc) that using hard forks introduces fundamental vulnerabilities that fuck up the network & lead to more forks & division.

You just refuse to see what is right in front of you because you want your bags to pump & either don't want to admit you were wrong or you're a newb that was "educated" by people who don't want to admit they were wrong.

It's the whole killing babies thing that makes it a problem, you can have your uterus removed if you want.

We will eventually have a trustless way to share UTXOs and Liquid or Fedimints or Arks (or whatever comes next to improve upon them) will be the way most people interact. Lightning is also likely to be more for settlement between institutions. More horizontal scaling may come in the form of cross input signature aggregation or something like that.

Increasing the blocksize doesn't solve the problem. It's only a linear improvement in capacity & it is a compounding increase in the cost of node operation. You cannot sacrifice network infrastructure to gain functionality.

Yes, and that's still what it is when I send LN or Ark or Fedimint or Liquid transactions.

You cannot scale a braodcast network to everyone in the world. Suggesting otherwise just makes you not a serious person.

Foundation vs an extra option that isn't required

Comments like this make it clear none of you are arguing in good faith. You aren't even trying to understand.

Bitcoin is a global court system for proving ownership of wealth. Going to court may cost $1000+ but a court that cannot be cheated & provides a receipt with millions of dollars worth of protection almost immediately & billions pretty quickly is not for doing things where you would naturally just throw the receipt away.

You are not thinking about these things properly & you do not seem to understand the scope of the problem.

There will be as many more transactions in bitcoin as there are individual internet requests today vs phone calls in the 80s. So making blocks bigger CANNOT even begin to solve the problem. It's like standing in front of the ocean & I have a cup & you have a bucket & you are talking about how much more of the ocean yours holds. It makes no difference.

Bitcoin is a broadcast network. The overwhelming majority of payments MUST be done on a unicast layer. This is not up for debate. It's just basic reality. Whether you understand it or not is your problem.

It's a provably honest court system for ownership of wealth. It's not for everyday transactions. The base layer offers millions of dollars worth of security with just a couple of confirmations. Nothing you do where you would throw away the receipt should ever be done onchain.

Pi hardware already isn't great for running a node. My node was $1500. How much do you think it should cost?