SwissNode

23.3K posts

SwissNode

SwissNode

@NodeSwiss

SwissNode - ever wanted to be your own Swiss Bank?? Changing the world a node at a time. Join me in the revolution! PS Toxic spelling corrector. Be warned :)

Switzerland Katılım Mart 2019
259 Takip Edilen1.2K Takipçiler
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SwissNode
SwissNode@NodeSwiss·
@bum_metal @Bizniz203 @chamath @surferjimw @novogratz So we have a coin that can't be counted, has no fixed supply limit, whose blockchain was rolled back at the whim of those "in charge" - in charge = no decentralisation. It was the first coin to be premined, opening the floodgates for more coin to use that grotesque concept. (1/2)
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SwissNode
SwissNode@NodeSwiss·
@Michael_Bxxx @cyhungin_y @adam3us Saying fuck off makes you already lose the debate With OP_RETURN having limitless size simply flags that Bitcoin is "ok" with spam. That's a signal I vehemently oppose
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Adam Back
Adam Back@adam3us·
"the Internet views censorship as damage and routes around it" - John Gilmore (cypherpunks list co-founder) the Internet, like bitcoin, is ungovernable: you can't build checkpoints, moderate content, cant stop spam via protocols. that's why hashcash exists: a market solution!
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Bitcoin Carl 🚀🚀🌎🌍
If you are a Bitcoin pleb that fell into the BIP110 mess it’s okay say i was wrong. It’s more respectable than doubling down. I will forgive you.
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Us and Them
Us and Them@GrondaMark·
@SPCB12345 @davidicke Exactly! Tuck knows better. The question to ask: why did he chose to wait this long before jumping ship? Why did he even support Trumpstein and the criminal GOP party to begin with? I think some of us know why.
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laz1m0v
laz1m0v@laz1m0v·
@adam3us Bitcoin isn't a religion with priests deciding what's pure. Some now want to play censor and enforce their dogma on the chain. We built encryption to escape exactly that kind of control on the internet. Same fight here. You can't gatekeep what people pay to do;
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Adam Back
Adam Back@adam3us·
for the filter enjoyoors: you can't censor the internet. do you do use it anyway? or lobby for censorship? rage quit and join a fringe moderated internet? same logic for bitcoin: it's also similarly hard to censor. why do you think anyone cares about your pro-censorship views?
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SwissNode
SwissNode@NodeSwiss·
@cykros @adam3us Probably a good thing not to let 10 year olds have unbridled access
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cykros🔻 #PardonSamourai
@adam3us Have you seen what many countries are doing with "age verification"? Of course they try to censor the Internet. Bitcoin doesn't have a monopoly on retards...
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MasterCollector222
MasterCollector222@RtoshiNakamoto·
It is hard for small minded people to comprehend what you are saying. It is an fact. If this censorship is successful, it means that Bitcoins decentralized nature is becoming less powerful. Bitcoin must remain censorship resistant. BIP 110 supporters, probably support government jailing people for free speech as well. They want to control what people can do, and that is not the reality many of us want. Bitcoin is meant to be permissionless, and censorship resistance, if BIP 110 was successful it would no longer be either of those things in the long run
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1F52B
1F52B@1f52b_xyz·
@HarryGBeckwith @adam3us We’ve been talking about this for over a year, you surely can’t have missed that OP_RETURNs larger than the default policy limit were easily being mined before the change because they’re consensus-valid? Proof of work and fees are sufficient “spam” protection
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Adam Back
Adam Back@adam3us·
i'm a cypherpunk, and have been running nodes since 1990s. exit remailers, tor, file sharing, bitcoin nodes. p2p networks don't exist unless people with mettle run nodes. filter bippers are weak leeches, scared to p2p, demanding to censor to make nodes "safe" for the weak to run.
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Casey
Casey@rodarmor·
I don't often tweet about BIP-110 because it has always been a comedically moronic project that is doomed to failure. The degree to which it won't work is fractal-like. You can zoom in to the details or zoom out to the big picture and conclude that it won't work.
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Adam Livingston
Adam Livingston@AdamBLiv·
Nobody warns you. That's the sick part. Nobody sits you down and says, hey, if you spend one weekend actually reading about money, you will lose the ability to enjoy anything for the rest of your life. Your brother-in-law just mentions it at a barbecue. That's how it starts. Some guy holding a hot dog says "you should look into Bitcoin" and you laugh at him. You laugh AT him. You make the tulip joke. You feel superior for eleven more days. Then it's 2:47 in the morning and you're on your fourth Saylor podcast and your wife thinks you're having an affair. And in a way, you are. You're cheating on your entire worldview. ou came in to debunk it. That's the trap. Everyone comes in to debunk it. You wanted to find the flaw, dunk on your brother-in-law, and go back to your Vanguard target date fund like a respectable adult. Instead you found out what happened in 1971 and now you can't make eye contact with your 401k. Because here's what actually happens. Bitcoin is cool and all, but you REALLY learn about the dollar. Bitcoin is fine, Bitcoin is twenty-one million and a schedule, you understand it in an afternoon. The dollar takes months, because every time you think you've hit the bottom of that thing there's a trapdoor. The Fed just... prints it? And they gave how much to the banks in 2008? And the banks did WHAT with it? And the guy who ran that got a MEDAL? You're up at 4am reading about the Cantillon effect like it's your kid's toxicology report. Then comes the phase where you're insufferable. Everyone goes through it, nobody admits it. You ruin Thanksgiving. You genuinely ruin it. Your aunt says turkey prices are crazy this year and you see your opening like a lion seeing a wounded gazelle. Forty-five minutes later you're drawing the M2 money supply on a napkin and your mother is crying and your uncle is saying "it's not backed by anything" for the ninth time while his pension is backed by the promises of a government that's thirty-seven trillion in debt. He's worried about YOUR risk profile. He has unit bias so bad he'd rather own a whole Shiba Inu coin than a fraction of the hardest asset ever created, because his brain, poisoned by seventy years of fiat, thinks "whole thing cheap" beats "piece of thing good." And the prices. God, the prices. You can't turn it off. You're in the grocery store repricing eggs in sats. The eggs are getting cheaper in sats. Everything is getting cheaper in sats except your will to explain that to anyone. You look at a house and you don't see a house, you see the number of Bitcoin it costs, and that number falling forever, and you realize the housing crisis is a measuring stick crisis, and you say this out loud at a dinner party, once, and now you're not invited to dinner parties. Then the anger burns off and something worse arrives. Clarity. You realize nobody is coming to fix this. The people in charge KNOW. That's the part that breaks you. They're not stupid, they're incentivized. The debt can't be paid, only inflated, and every serious person in a suit on television knows it, and their plan is to be dead before the invoice arrives. So you buy. Coinbase, first time, hands shaking like you're doing something illegal, and the fee annoys you, and that annoyance is the last normal financial emotion you will ever feel. You set up the DCA. You learn what a hardware wallet is. You write twelve words on steel like a doomsday prepper, because that's what you are now, except your bunker is math. And then the loneliness. Nobody tells you about the loneliness. You've seen it. You can't unsee it. And you're surrounded by people you love who are working forty years to fill a bathtub with the drain open, and when you point at the drain they get mad at YOU. So you stop pointing. You just stack quietly, in the dark, waiting for the day one of them comes to you, at a barbecue, holding a hot dog, and says the words. "Hey... you were into Bitcoin, right?" And you smile. Because it's their turn in the barrel. Welcome. Nobody warned me either.
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SwissNode
SwissNode@NodeSwiss·
@parman_the odd, X says there is a reply to your post and yet I see zero replies
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SwissNode
SwissNode@NodeSwiss·
@nonexistent_iam @BranBTC There is nothing magical or rocket-science-y about it. There is a field which any sender can pay sats to fill with arbitrary data. Spammers use this to fill it with spam. You are either for or against the prospect of that, even though those spammers CAN put the spam elsewhere
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Brandon
Brandon@BranBTC·
Tough truths bitcoiners need to hear: There are no major issues with core Ordinals are not spam Proof of Work and a healthy fee marketplace sufficiently protect against spam transactions Our problem is too little on chain activity, not too much BIP 110 is technically stupid and a massive distraction All of Luke's beliefs are fringe. He's a good fringe thinker, but he does not build for mainstream adoption You don't know what's best for bitcoin. You only know what's best for yourself. Have some humility
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SwissNode
SwissNode@NodeSwiss·
@nonexistent_iam @BranBTC i thought you were talking blocksize, sorry... OP_RETURN doesn't aid financial txs in any way (other than for small annotations needed by 3rd parties perhaps) So for me it's not needed if we keep the blockchain for financial purposes solely...
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SwissNode
SwissNode@NodeSwiss·
@nonexistent_iam @BranBTC Bitcoin’s block size limit is a consensus rule encoded directly in the Bitcoin Core source code, originally added by Satoshi Nakamoto around mid‑2010, and later refined into the current “block weight” model after SegWit.
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Dr. Errelevant
Dr. Errelevant@DrErrelevant·
@AdamBLiv Not reading all that. Happy for you or sorry it happened or whatever
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Mergedone
Mergedone@mergedone·
@AdamBLiv Bitcoin been out longer than a day now bro. You got ai that can summarize everything you need. I didnt even need to read all this dribble.
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