Depressing but well-organized argument whose possible holes and blindspots I am morosely cataloguing as we speak. https://twitter.com/bitentrepreneur/status/687745008032681985 …
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Replying to @_____078190
On balance - screw 'morose'. It can reasonably be said that there is a party of greatest fault here, and it's those 1MB-blocks 4evar! idiots
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Replying to @_____078190
If BTC goes into aestivation for the rest of the decade while banks acquire nice comfy leads on chain tech, it will be those fuckers' fault.
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Replying to @_____078190
Recomputing the global state for every megabyte of input & putting out 10s confirmation times...ffs.
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Replying to @_____078190
Classic outgroup: power goldbug, encyclopedic lecturer on the hard truth, maybe-competent Tor user...not to be left alone with your business
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Replying to @_____078190
@276039081 "Algorithmic Governance ... except for The Council of Five, of course." ...
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Replying to @dblbd
@276039081 ... A block-size expansion schedule has to be baked into the protocol, and then it has to be sealed. ...
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@276039081 ... Eradication of politicizable discretion is the whole of what Bitcoin is meant to be about. Lock the monkeys out, or go home.
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