techfeudalist 's avatar
techfeudalist
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Blessed by tech; working to bring the benefits to everyone. Freedom, incorruptible money, privacy.
I find it concerning that folks keep pushing this message that there’s nothing to worry about. We can all be complacent? Look at the facts: The blocksize war did not prove that the users control the network. It only proved that external commercial interests couldn’t. If you actually look at the history of the war, it was the core devs that won and prevented those commercial interests from “firing” them. The USAF “weapon” that won the war was written and promoted by some core devs. (And I’m glad they did because those people helped to save bitcoin.) Furthermore, the idea that users know what’s in the core software is hopium, at best. Users download the bitcoin core software because there is no other choice. We all know that users will download whatever version the core devs publish. Users are forced to do so to keep up with bug fixes and software maintenance. The unfortunate reality is the core devs are probably the most centralized aspect of the bitcoin network because they have a virtual monopoly on the software. Instead of complacency, we need to recognize the danger of centralization and find ways to fix it. @Matt Corallo @Luke Dashjr View quoted note →
Trump knew exactly what to say to us libertarians. But hard to get too excited because I’ve learned over and over again never to put any hope on a politician.
Who knows if these numbers are accurate, but it’s interesting that China and the USA are running so close. Bitcoin is for enemies and I would expect to see them start to monitor and make sure they’re not losing the accumulation battle. View quoted note →
Seems like something bitcoiners will eventually bring back.
I just watched MicroStrategy’s launch video of their new Orange ID platform and honestly I don’t get it. As Saylor has previously pointed out, bitcoin has value partly because of its tie to the real physical world through its proof of work process. Its link to the real world is what makes it relevant. But consider those IDs that Orange will issue. What links them to the real world? Who or what verifies that the ID that says it’s from me was actually created by me? Anyone could write in my name and publish it to the blockchain. Where’s the link to the real world? Presumably he would need some central registry 🤮 or some web of trust 🤷‍♂️ to complete the picture but that wasn’t mentioned. I’m confused.