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dgy
dgy@stacker.news
npub1zqm7...aryh
Programmer, Bitcoiner & Cypherpunk
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dgy 11 hours ago
We do not yet know exactly how #BIP110 will play out—faith is what keeps you doing the right thing.
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dgy yesterday
After the magic has gone in the world of treasury companies, shitcoin companies have crashed, the bitcoin price is in bear territory, and sinfluencers are cheering themselves up in self-help groups, it would be wise for miners and hashers not to double down in a masochistic way against the bitcoin community by blocking the activation of #BIP110.
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dgy 6 days ago
The carnage among the dependent sinfluencers almost seems greater than that in the price. We will note who fought among our lines and ignore them after the activation of #BIP110. They will not get away with it; bitcoiners do not like cowards or opportunists. Their high time preference—prioritizing short-term stability to avoid obstructing present sponsors—will not pay off in the long run.
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dgy 1 week ago
#BIP110 could activate smoothly, but exactly those people who basically hate spam and yet at the same time hesitate to support it because of fear that a chain split may occur make it likely that a temporary chain split may actually happen. This behavior basically leads to a self-fulfilling prophecy.
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dgy 1 week ago
Rejecting #BIP110 among external advocates spreading bitcoin adoption in Africa and other regions is equivalent to proposing a new form of neocolonialism, because lowering the ability of communities there to run nodes makes them dependent once again on the most developed countries, which will run and control the nodes instead.
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dgy 2 weeks ago
You can do whatever you want in your spare time, but writing science fiction novels weakens your qualification as an expert in the economics of decentralized money based on cryptography.
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dgy 2 weeks ago
Would @Simon Dixon dissect bitcoin with the same thoroughness as he analyzes world affairs if it fails, or would he express any sadness as well?
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dgy 3 weeks ago
As bitcoin is described as "A Peer-to-Peer Electronic Cash System" in the whitepaper, returning back to a cash system by activating #BIP110 cannot be labeled as a precedent for future restrictions. That is just another example of politically motivated doublespeak.
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dgy 1 month ago
#BIP110 gains territory by node count, blocks found, and people discredited as spammers.