Radical immutability serves no purpose. Bitcoin is a tool made by humans to serve humans. If it stops being useless, we need to be able to change it (and we are - we can always move to an identical copy without e.g. a bug)
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Replying to @hasufl @CryptoSecundus and
"Serves no purpose"?! WTF?! Good grief you are one of these vile creatures: https://unenumerated.blogspot.com/2006/10/hello-kitty-people.html … You have outed yourself as an enemy of Bitcoin security. Blocked.
18 replies 20 retweets 203 likes -
Replying to @NickSzabo4 @hasufl and
Nick, I'd urge you to reconsidering blocking Hasu. He's a potent and thoughtful Bitcoiner.
9 replies 1 retweet 51 likes -
Replying to @nic__carter @NickSzabo4 and
to the triggered people below: bitcoin will fail if it has no intellectual diversity. ideas need to be fought over in the market, not ignored and feared. luckily, the puritans have no control, and they're not persuasive.
8 replies 5 retweets 75 likes -
Replying to @nic__carter @NickSzabo4 and
I agree with the previous tweet but “bitcoin will fail if it has no intellectual diversity” isn’t very meaningful. Bitcoin doesn’t have intellect, it’s an asset class. Stakeholders will be diversified because.. why won’t they be? and the occasional block has nothing to do with it
4 replies 1 retweet 27 likes -
Replying to @udiWertheimer @nic__carter and
I disagree; Bitcoin's future depends on a disparate community of people collectively expressing their values and making good decisions. The UASF was a decision; future decisions do/may include Schnorr, sighash_noinput, blocksize inc/dec, on-chain privacy improvements, etc.
1 reply 0 retweets 6 likes -
Replying to @DZack23 @udiWertheimer and
To the extend that they are unable to engage w/ diverse ideas and challenge their assumptions, the likelihood of them making good decisions decreases
3 replies 0 retweets 9 likes -
Replying to @DZack23 @nic__carter and
Diversity of ideas is important but it’s not the top priority on an individual’s plate, sometimes diversity takes a hit for some other value (like a false positive when blocking people to salvage one’s time), that’s balanced and normal
1 reply 0 retweets 3 likes -
Replying to @udiWertheimer @DZack23 and
And it's not diversity, it's bog common error. I see "governance is good" on my tweet stream every day. Multitudes don't understand that the main value add of Bitcoin comes from using simple rules strongly enforced by security protocol to minimize vulnerability to governance.
4 replies 7 retweets 65 likes -
Replying to @NickSzabo4 @udiWertheimer and
key word minimize. simple rules strongly enforced by security protocol didnt stop a bunch of ppl who are big participants of that security protocol to sign a NYA. they could totally mess it up in a heartbeat
1 reply 0 retweets 0 likes
Billions of heartbeats involved. A big part of why NYA was stopped was that Bitcoin's unique trust minimizing philosophy triumphed over the all-to-common NYA philosophy, which in this case favored degrading hard-to-measure decentralization for the sake of improving performance.
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Replying to @NickSzabo4 @udiWertheimer and
fortunatly it did triumphed but: -the level of uncertanty was unprecedented. not something id expect from my "savings account" -it was 100% cozed by the feature "no governance" - i like how confident you assume it will triumph again when it was extremely close to split in 2017
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