serapath【ツ】☮

The Secret History of Satoshi Dice Arguments made in 2025 are 2013 all over again.

Zooming into the US Dollar System

Absolutely. This needs to become an important discussion topic to educate more people in the bitcoin community who might not yet understand this. This will help us as a bitcoin community at large to resolve differences and avoid division

Interesting to learn, that **Bitcoin Core** is maintained by employees. The marketing bitcoin core was "decentralized" because it has so many contributors is a farce. There is no formal process, but instead a handful of existing maintainers pull in/up new contributors instead of the other way around. And of course, everyone is incentivized to stay on the payroll - ultimately who pays decides. https://www.youtube.com/live/3BFgoQawG7Q?t=8188s Thanks @jimmysong for shedding light on this. In fact - bitcoin developers can always ask for donations, but the point is - if you have a lot of bitcoin as a developer, you have stake in the game and helping to make bitcoin successful pays you. True decentralization means - if we already have employees implementing, then at least lets have them paid by a diverse set of companies and not all on the same group that keeps everyone on payroll. Thats really bad. I see knots vs. core as a huge improvement to decentralization and we should have even more implementations.

The gist of why knots and why BIP 444 to start making it a habit to always fight spam and fight it early, because publishing spam is a cost to spammers and to deny them their (scam) business model, mean they will sit on their costs instead of making profits from it. But if spam will cause net losses for spammers, they will not even try to spam in the first place and thus the bitcoin chain gets rid of spam, which is great. Let's all join this "whack a mole" game to proof to scammers trying to spam means making losses to stop them from even trying in the future.

Had a great time at Portland Bitdevs meetup 🙂 #portland #bitdevs #meetup The zines they shared are great and made by @satsie 🇹🇭 🇱🇹