I’m thinking my btc++ talk should be titled “Requiem for a Decentralized Bitcoin”. WDYT nostr?
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Why the black pill?
without decentralization there is no bitcoin
Is it really that bad ?
Sad
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You will lend 237,000 US dollars to our holding company and when 22.03.2026 comes, you will receive your money back as 953,000 US dollars.
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My telegram username:
@adenholding
Only if it’s on April 1st.
Okay, and how are we gonna get decentralization back in wallets?
I mean, I dunno, I’m all out of ideas to fix it 🤷♂️
It’s in October.
Requiem= pessimist
Hard fork= optimist
If it includes the development angle as well, yes. And mining ofc
A new Mutiny
Who’s running the LSP?
any implementing Lightning channel, kept honest by the prisoner's dilemma. https://delvingbitcoin.org/t/proposal-bitcoin-deposits-a-zero-utxo-trust-minimized-lightning-wallet/1922
> and a slider between low-fees and high-reputation
lol no one will ever use this. I’m sorry but “we can decentralize bitcoin by moving to anonymous trusted third parties selected based on some nostr pubkey heuristic (or whatever) is just never going to fly. Trust breeds centralization even if you try to split it into a multisig or cross-checked or whatever.
"Reputation" is the wrong word... maybe "invested", or "committed" is better. A well designed prisoners dilemma makes honest behavior more profitable than dishonest
low fees <---> deeply connected