Avoiding the costly to assay/validate flaw of monetary metals is why you want bitcoin nodes to be small and runnable by anyone. Bigger blocks increase the cost to validate and result in trusted 3rd parties.https://twitter.com/NickSzabo4/status/1144487521935429647 …
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Replying to @larrysalibra @NickSzabo4
This was nonsense 4 years ago and it is nonsense today. The problems facing most people on this planet and a need for peer to peer cash is vastly more important than other current considerations.
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Replying to @dvpme @NickSzabo4
If you can only run your node in Jeff Bezo’s data center, it’s not peer to peer! Peers need to be able to run their own nodes so that they can verify money received conforms to consensus rules.
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Replying to @larrysalibra @NickSzabo4
Right, because there’s no happy medium between “able to be run by anyone” and “Amazon data center.”
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Replying to @dvpme @NickSzabo4
The problem is that bitcoin core is already too close to the AWS side of that continuum. Not close enough to “able to be run by anyone” - ideally we’d have nodes on Apple watches and even easier to conceal devices.
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I'd say current Bitcoin has the balance about right, but the guy you are talking to just clearly revealed himself as an enemy of Bitcoin security and should be blocked rather than talked to as if he's a peer in knowing or caring about the future of money.
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