HELP NEEDED @BTC Shule is building a Bitcoin circular economy in a rural town in Burundi 🇧🇮 They need stable internet, so we're collecting 5M sats to set up Starlink + Solar. I know Bely who will set everything up. Any support is welcome, even 1 sat to pump numbers ✌️ https://btcpay.ideasarelikeflames.org/apps/4AH7iwAr9AksP8s2xCBjcrpdSymr/crowdfund

hello @Leo Wandersleb, check your nostr DMs 🙏

#foodstr

A perspective on bitcoin governance

The bitcoin approach to decentralized governance

A perspective on how governance in bitcoin is supposed to work, or at least what my understanding is of the governance approach that has made bitco...

🧵 I published my perspective on Bitcoin governance. Where does Bitcoin derive its censorship-resistance from? And how do we preserve it? Sharing some frameworks I've found helpful 👇 The main insight: Bitcoin's unique value comes from censorship-resistance, and the two magic ingredients to achieve it are: ✅ Free users ✅ Free software -> Censorship-resistance requires free users -> Free users require free software Traditional governance asks "who decides?" These systems are easy to co-opt and can therefore never preserve censorship-resistance. Bitcoin governance asks "how do we preserve free users?", and this is they key to preserving censorship-resistance. For developers, this means: -> Optimize for user agency -> Default to user choice over "optimal" outcomes Remember: we're building infrastructure for freedom. These are just my current thoughts - governance philosophy evolves with experience - but it's clear to me that censorship-resistance is a derivative of free users. There is a leap of faith required in bitcoin’s governance model. We must trust that when users are given genuine freedom and access to good information, they will make choices that preserve what makes bitcoin valuable. Users who want bitcoin to remain censorship-resistant will choose software and rules that maintain that property. Users who prefer other properties may make different choices, but the network’s evolution will reflect the aggregate of all these individual decisions. When we take the leap and trust that free users will make the right choices, Bitcoin succeeds. I would love to hear perspectives from builders, users, and researchers working on or thinking about these problems.

One downside of running a bitaxe is that I don't hear the mosquitoes sneaking up on my ear any more

Istanbul cat