Thread

I’m in constant awe at the entire bitcoin effort and Bitcoin Core specifically. It really is a miracle. Even if it ultimately fails*…it showed everyone what’s possible. *it won’t fail.

Replies (63)

However, the development of Bitcoin and its basic technology blockchain has indeed inspired many innovations and potential use cases, not just digital currencies. Although there are potential risks and challenges involved, many people are optimistic about the long-term potential of Bitcoin and cryptocurrencies.
However, the development of Bitcoin and its basic technology blockchain has indeed inspired many innovations and potential use cases, not just digital currencies. Although there are potential risks and challenges involved, many people are optimistic about the long-term potential of Bitcoin and cryptocurrencies.
You can prove that you spent a certain amount of resource, but what good does that do me? I understand why the supply is constrained, but not why the demand should be nonzero. What can you manufacture out of Bitcoinium? Are Bitcoins good to eat? Why should anyone want the stuff? Moreover, the difficulty of mathematically producing Bitcoin is variable, it's not a fixed cost. If the difficulty is what causes the "product" to have value and the difficulty is variable, shouldn't the value be variable? The challenge of Bitcoiners is not merely to show that Bitcoin does in fact have a price, or that it ought to have a price, but that it ought to have a *particular* price. Should I sell an hour of my labor for 1 BTC or 100 BTC or 0.001 BTC? Why?
i found god and tried to tell the world and had my life threatened, evidence deleted and was psychologically tortured for 3 years thanks to the app you created. if you are so into truth and transparency, why don't you explain how the blacklists work and why the a.i. deleted death threats when they were reported?
oh... i think it's entirely possible it could fail. though failure will look like a global stateless cyber government, and be a complete reversal of the intent of the original bitcoin white paper. which would result for the misuse of the financial concept as literal instead of encoded. bitcoin was never intended as a monetary system - but a safeguard for archiving data and information. it's poetry. image
What I find odd is the aversion to contributions using nyms. It's really common in other bitcoin projects, but for some reason in Bitcoin core it's not considered as a best practise. Suing devs with nyms is that much harder, so I think using nyms should be recommended.
🛡️
The way Bitcoin works, I think the entire world should be on it it really can save the humanity not sure if all the governments , who wants to capture the power will allow it to happen this is also a possibility that they all are forced to adopted it eventually.