Damus
jimmysong profile picture
jimmysong
@jimmysong
What I learned from yesterday is that game theory doesn't work without prices to help all the actors assess the risk.
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Tim Bouma · 1w
Price is exactly what someone is willing to pay.
gsovereignty · 1w
Yep. This is intentional. The security model is such that the participants with hard power over the protocol is rolling set of participants receiving bitcoin in exchange for something other than bitcoin. If it didn’t work this way then miners or developers or holders would be able to send it off c...
FreeYoda · 1w
We found out that many can say freedom is important, long term effects should be more important than short term gains and so on. But the real conviction only shows when all that talk is factually tested by some juicy short term gains. And guess what "talk often turns out to be cheap".
The Nazi Society · 1w
What you should've learned is that there is no game, the game is rigged and the teams have been bought off.
AENEAS · 1w
I don't get the impresson, at all, that there was anywhere near majority support (to say nothing of consensus) from the average Bitcoiner. Against spam? Sure Worries about Core? That does seem common. In favor of this particular Bip? I don't get that impression at all. And once they started talki...
Julia de JP · 1w
To me, it felt like a nothing burger from the beginning.
Based Truth · 1w
Kissinger's game theory relies on rigged markets, not free ones. Ask BlackRock.
GENTEintel · 1w
Bitcoin coming!!! https://blossom.primal.net/3c98cffeef6df8733575b09d074adaa3da4051699e1e9e6ec6881da8619575a3.gif
Jameson Lopp · 1w
We told the Puritans all year long that economic actors need price signals. They told us that futures markets are immoral degenerate gambling. Turns out you can't bluff economic actors with cheap words.
staxats · 1w
what I learned from yesterday is that midwitery has entered the space. from now on it's politics as usual