Damus
Geek profile picture
Geek
@1dullgeek

Christian, Geek, #GoPackGo, #Bitcoin, Pilot
Anarcho Christian? Maybe
Happily Married 30+years

Relays (18)
  • wss://nostr.bitcoiner.social/ – read & write
  • wss://relay.nostr.bg/ – read & write
  • wss://relay.snort.social/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://nostr.oxtr.dev/ – read & write
  • wss://nostr-pub.wellorder.net/ – read & write
  • wss://nostr.mom/ – read & write
  • wss://no.str.cr/ – read & write
  • wss://nos.lol/ – read & write
  • wss://relay.nostr.com.au/ – read
  • wss://eden.nostr.land/ – read
  • wss://nostr.milou.lol/ – read
  • wss://puravida.nostr.land/ – read
  • wss://nostr.wine/ – read
  • wss://nostr.inosta.cc/ – read
  • wss://atlas.nostr.land/ – read
  • wss://relay.orangepill.dev/ – read
  • wss://relay.nostrati.com/ – read

Recent Notes

HODL · 1w
Well new info is new info. You have to be discerning. But I’d say maybe don’t reach hard conclusions about things which even have the possibility to shift.
negr0 · 1w
Me alegro
Geek profile picture
This is an overly terse follow-up from my previous cut off boost. Whichever way BIP110 is eventually resolved, the risk of a minority forcing their opinion on Bitcoin doesn’t change. Consider: that risk exists today. It’s what BIP110 is trying to exploit. The opposition to BIP110 is to not change anything. If nothing changes then that risk still has to exist. Meanwhile I continue to run BIP110 because I think it does mitigate some risks to Bitcoin (although not that one). We can quibble about how big those risks are.

I said earlier that this is a function of Nakamoto consensus. It’s actually a function of complex systems. Taleb wrote about this in his book Skin in the Game. Here's the relevant chapter discussing it: https://medium.com/incerto/the-most-intolerant-wins-the-dictatorship-of-the-small-minority-3f1f83ce4e15

https://fountain.fm/episode/Oz8GZDAxHzqozajATIMf

Kyma Fi · 3w
Problem to who? Those who want Bitcoin as money only - will have achieved consensus… fairly in this case. It would be a massive problem to ALL THE DONORS OF CORE LOL 😂
Geek profile picture
For anyone who gets a transaction mined and then gets it reorged. That's every transaction on the reorged blocks not just the spam.

That is massively disruptive and could significantly undermine Bitcoin. I'm not sure if that's as disruptive as csam on chain but it's a reasonable question to think about.
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🇮🇹Davide btc ⚡ · 2w
reorgs are inherent to distributed consensus. mitigating strategies exist, but cost/benefit needs careful evaluation.
Kyma Fi · 2w
There is nothing more despicable than illicit spam on chain - nostr:nprofile1qqsqyredyxhqn0e4ln0mvh0v79rchpr0taeg4vcvt64te4kssx5pc0spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhhyetvv9ujuerpd46hxtnfduqehm7m even developed ways to eliminate it for hash cash in 1998… yet after meeting with Ep...
Matthew Kratter · 3w
That's true-- I've known Peter since 1995, which was the last year that I was wealthier than Peter. We met at the famous Rene Girard seminar at Stanford University. I helped Peter launch and grow Clar...
Geek profile picture
This argument doesn't help resolve the question of whether or not BIP110 is a good idea. When both sides are attacking the intentions of the people on the other side we lose contact with the actual merits and problems of BIP110.

Can I ask both you and @ODELL - people who's opinions I respect - please focus only on that?

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Moist · 3w
exactly. dick measuring contests help nothing
Sync · 3w
They both made their opinions on BIP110 loud and clear, now its scope has expanded into tribalism and are now in 💩 slinging part of the argument. Non of this is beneficial.
Alan · 3w
Let's start with the use case (agile programming) As a monetary maximalist, I want to chain split transactions, ehem, entire blocks and any transactions downstream of those blocks, that don't agree with my sexual preferences. I don't care about the collateral damage of others who just want to use b...
Michoe · 3w
It is relevant. Core created this problem. If they reverse their OP_RETURN policy, things will cool down. It's up to them.
Geek profile picture
This is compelling. Making me rethink my running bip110.

One thing that's refreshing: this note is talking about the problem rather than questioning the intention of the people. If living under a government has taught us anything it's that intentions rarely match outcomes.

So it's nice that this note only talks about the problem without impugning the people.

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Alan · 3w
I call it the wrecking ball of good intentions. It smells like government strategy too.
Kyma Fi · 3w
Problem to who? Those who want Bitcoin as money only - will have achieved consensus… fairly in this case. It would be a massive problem to ALL THE DONORS OF CORE LOL 😂
KrP · 3w
I wish I heard about Bitcoin that early 🥹 was definitely drinking 4Lokos though 😆
Geek profile picture
I heard about it much earlier than I decided to get some. I also wish I'd heard about it earlier but I still think it would have taken time to understand enough to take the risk.

Or maybe I'd have got caught up with some crazy exchange failure and ended up losing. I got lucky when I came in after the importance of self custody was obviously important.

I got Bitcoin exactly when I deserved to. I think that's true for most people.

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KrP · 3w
Agreed. I think there's levels to everyone's Bitcoin journey. The most important part is awareness. Bitcoin rewards those who take the time to understand it