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Joined 2 years ago
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Cake day: July 6th, 2023

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  • Why go through all the hoops if they are instead just could refuse patches? Open source doesn’t mean open to contributions, look at SQLite for example.

    If they had the idea to release this open source they would have said so in clear words by now. They didn’t so I don’t have much hope, unless maybe if they get enough negative publicity to change their mind.

    Why does VC need to ruin everything…

















  • You have zero power as a citizen over the currency you use. You do not directly vote for the Central bankers, Federal Reserve board, etc. Even the politicians you might vote for who appoint them will almost always side in their own favor than their constituents.

    I didn’t say it’s perfect, but it’s not zero power.

    You are also confusing Bitcoin’s Proof of Work with a shitcoin’s Proof of Stake, which is where wealth gives you more votes.

    Proof of stake is arguably even worse, but the energy required for proof of work isn’t free either (and that’s by design, if it was free Bitcoin wouldn’t work).

    As for the hash rate you’re contributing as a miner, there’s no additional power you’re given. Even if you attempted to 51% attack the network, it’d be gaining nothing beyond a double-spend by rewriting the blockchain transaction.

    There is more than double spending. Who decides how Bitcoin evolves? When new features are added, hard forks, etc. How much power do you have over that?

    https://www.bitcoin.com/get-started/what-is-bitcoin-governance/#what-is-a-bitcoin-hard-fork

    How ever you turn it, at best it’s a shitty version of democracy.

    Fundamentally money is all about trust, and I, despite all it’s flaws trust my government much more than a random group of developers and miners.