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cmuratori's profile
Casey Muratori
Casey Muratori
Casey Muratori
@cmuratori

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Casey Muratori

@cmuratori

I'm worried that the baby thinks people can't change.

Seattle
caseymuratori.com
Joined March 2009

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    1. Casey Muratori‏ @cmuratori Oct 5

      [1/*] Just to clarify, in the hopes of getting less lunacy in my mentions: I am a professional programmer. I have implemented novel hash functions before. I work on server code. I long ago read and completely understand the original BitCoin paper.

      8 replies 3 retweets 116 likes
      Show this thread
    2. stk‏ @stoikerty Oct 5
      Replying to @cmuratori

      Sounds like an undertaking, I'd watch it all the way! Going to provide some resources if useful. So are you saying that you are familiar with why Bitcoin's Energy Usage would be justifiable but want to explore the technical detail around consensus? see:https://unchained.com/blog/bitcoin-does-not-waste-energy/ …

      1 reply 0 retweets 2 likes
    3. Casey Muratori‏ @cmuratori Oct 5
      Replying to @stoikerty

      I actually think energy usage is not the most important thing to get straightened out. I want more convincing explanations of why BitCoin is a good idea even if it had no potentially negative environmental impacts.

      2 replies 0 retweets 6 likes
    4. bc1n0‏ @n00buntu Oct 5
      Replying to @cmuratori @stoikerty

      bc1n0 Retweeted Quotable Satoshi

      cf.https://twitter.com/QuotableSatoshi/status/1330888986970234886 …

      bc1n0 added,

      Quotable Satoshi @QuotableSatoshi
      What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.
      1 reply 0 retweets 0 likes
    5. bc1n0‏ @n00buntu Oct 5
      Replying to @n00buntu @cmuratori @stoikerty

      bc1n0 Retweeted Quotable Satoshi

      The premise of Bitcoin is philosophical/economic, not technical. If you don't buy the philosophy to begin with, there is no way to see a "there" there. The underlying technology of "blockchain" is Bitcoin, not vice versa.https://twitter.com/QuotableSatoshi/status/1430002307060670465 …

      bc1n0 added,

      Quotable Satoshi @QuotableSatoshi
      The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.
      1 reply 0 retweets 0 likes
      Casey Muratori‏ @cmuratori Oct 5
      Replying to @n00buntu @stoikerty

      This is a nonsense argument and if that is all that cryptocurrency has going for it, it is irrelevant, as I would easily demonstrate by hypotheticals. But my hope is that there is more to it than that.

      11:57 AM - 5 Oct 2021
      • 1 Like
      • bc1n0
      1 reply 0 retweets 1 like
        1. New conversation
        2. bc1n0‏ @n00buntu Oct 5
          Replying to @cmuratori @stoikerty

          There isn't more than that. It's not about technology, sir.

          1 reply 0 retweets 0 likes
        3. Casey Muratori‏ @cmuratori Oct 5
          Replying to @n00buntu @stoikerty

          Then it is literally an irrelevant idea that will go nowhere. We already know what happens when you have a non-technology solution: you have the current financial system. That is the endgame. So either you have a technological way of preventing that, or this is all pointless.

          1 reply 0 retweets 1 like
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