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.
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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...
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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.
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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.
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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
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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?
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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
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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.
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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)
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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.
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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?
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