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Serotophile's profile
Shulgin’s Daemon
Shulgin’s Daemon
Shulgin’s Daemon
@Serotophile

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Shulgin’s Daemon

@Serotophile

be still ~ it won’t be long now

Joined August 2017

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    1. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      Indeed, even if we limit our discussion to automatic rifles (recall rifling technology – developed in the 1800s – vastly improved gun accuracy), which give one person the ability to mow down masses of people, we find that we are still perverting the Founders intents. Not good.

      2 replies 1 retweet 10 likes
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    2. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      Returning to today, we see that Bitcoin has its own automatic rifle problem. It is called an ASIC. And an ASIC is unlike a CPU in that it is entirely useless to most folks (just as an AR-16 is). As such, because few folks own them, ASICs are the opposite of decentralization.

      2 replies 3 retweets 8 likes
      Show this thread
    3. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      Indeed, just as few folks bought CPUs to mine, every purchase of an ASIC has been with the intention of rigging the system for the individual. The first folks who turned on their fist ASICs were probably laughing their heads off, and they are likely today, phenomenally rich.

      1 reply 1 retweet 8 likes
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    4. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      And so instead of being a game of decentralization, the development and use of ASICs is akin to the centralized control of the military power of government. Except this game takes place in China etc.

      1 reply 2 retweets 10 likes
      Show this thread
    5. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      Therefore the parallels are precise. Just as the development of F-16s and nuclear bombs destroy the dreams of the Founding Fathers (and make the 2nd amendment meaningless), so too does the development of ASICs punch a hole in the dream of Bitcoin.

      1 reply 2 retweets 12 likes
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    6. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      While both dreams are based on precisely the same ideas, with the same goals and the same means of achieving them, they are both flawed. The Founders and Satoshi both imagined a world where tech would create decentralization. But because they used tech, the opposite has happened.

      2 replies 2 retweets 11 likes
      Show this thread
    7. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      So, just as we would laugh if even 20,000 massively armed citizens picked a fight with the the US Military, we chuckle when BTC folks mine with CPU miners. They are no match for those who control the ASICs.

      6 replies 2 retweets 12 likes
      Show this thread
    8. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      And so while I cross my fingers that one day, everyone will have an equal power to mine a cryptocurrency, I don't see this as likely. And for those folks who claim they love the second amendment, I have pretty much the same response...

      2 replies 1 retweet 10 likes
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    9. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      Protecting gun ownership says absolutely nothing about the second amendment. In fact, I couldn't imagine a more clueless interpretation of the law. The Founders were philosophers not gun toters.

      2 replies 2 retweets 20 likes
      Show this thread
    10. James G. D'Angelo‏ @JamesGDAngelo Apr 27

      And like Satoshi, they were chasing a dream of decentralization – they just both made the same mistake. They relied on technology. Decentralization, however, will always rely on people.

      15 replies 3 retweets 29 likes
      Show this thread
      Shulgin’s Daemon‏ @Serotophile Apr 27
      Replying to @JamesGDAngelo

      I enjoyed this thread and the metaphor behind it but there are some massive differences between ASIC and Nukes/advanced weaponry. ASIC chips can be bought by regular people and the price will continue to drop as it has for all other processors, including anything next gen

      10:39 PM - 27 Apr 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. James G. D'Angelo‏ @JamesGDAngelo Apr 27
          Replying to @Serotophile

          You have a Panglossian view. And so let me ask, on the day that everyone finally has one of these 'commodity priced' ASICs, the day when decentralization is finally achieved - what do you do when some new tech comes along and make them all obsolete?

          1 reply 0 retweets 0 likes
        3. Shulgin’s Daemon‏ @Serotophile Apr 27
          Replying to @JamesGDAngelo

          The same thing will happen again. The time scales are important here. Perhaps nukes will eventually be comodity priced as well one day but the time horizons are much longer than for silicon

          1 reply 0 retweets 0 likes
        4. James G. D'Angelo‏ @JamesGDAngelo Apr 27
          Replying to @Serotophile

          No matter how decentralized nukes are, it won't result in the desired decentralization of power the Founders hoped for. As long as any single person can blow up the Earth, we get power that is both decentralized and centralized at the same time. That is nothing like 1700s guns.

          1 reply 0 retweets 1 like
        5. Shulgin’s Daemon‏ @Serotophile Apr 27
          Replying to @JamesGDAngelo

          I fully agree with your points on the 2nd amendment and how the original intentions no longer apply. My point is simply that ASICs are massively more within reach to your average person than nukes and F-15s ever have been (and hopefully ever will)

          1 reply 0 retweets 1 like
        6. James G. D'Angelo‏ @JamesGDAngelo Apr 28
          Replying to @Serotophile

          But those ASICs can be made obsolete, just like gatling guns were, by newer tech. And each time the newer tech comes along centralization rears its ugly head.

          1 reply 0 retweets 0 likes
        7. Shulgin’s Daemon‏ @Serotophile Apr 28
          Replying to @JamesGDAngelo

          Perhaps ASICS are more like machine guns then. Order of magnitude more efficient, more expensive, but not completely out of reach. Wonder what the nuke equivalent would turn out to be... quantum computing?

          0 replies 0 retweets 1 like
        8. End of conversation

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