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Author Topic: Why was this the least favourite statoshi bot quote tweet?  (Read 195 times)
TimeBits (OP)
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August 07, 2019, 05:53:45 PM
 #1



cause it`s not  true anymore Sad come back and fix please, I will suck your dick satoshi and I am not even gay, not that there is anything wrong with that, to each their own.
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August 07, 2019, 08:58:56 PM
 #2

a) Was the screenshot of the entire page really necessary?

b) What the shit are you going on about now?  This constant slew of barely comprehensible new topics is getting a bit tiresome now.  Coins are still "issued in a limited and predetermined amount", so I don't see what it is you think isn't true.  The code determines the issuance rate and consensus is determined by the majority running that code.  So, effectively, when you think about it, "coins are issued by the majority".  Again, that's still true.

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TimeBits (OP)
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August 09, 2019, 08:19:04 AM
Last edit: August 09, 2019, 09:57:41 AM by TimeBits
 #3

a) Was the screenshot of the entire page really necessary?

b) What the shit are you going on about now?  This constant slew of barely comprehensible new topics is getting a bit tiresome now.  Coins are still "issued in a limited and predetermined amount", so I don't see what it is you think isn't true.  The code determines the issuance rate and consensus is determined by the majority running that code.  So, effectively, when you think about it, "coins are issued by the majority".  Again, that's still true.


a) yes I am trying to show that the other tweets are doing much better, here is a updated screen shot.



b) "What the shit are you going on about now?  This constant slew of barely comprehensible new topics is getting a bit tiresome now."
seems a lot of people talking on discussions I start and are interested, try the "IGNORE FEATURE" Like I am about to use on you.
You wanna ream on me for that go look at the politics and society board 1 guy has created 90% of the threads about jews lol.

coins are issued by the majority?, no majority don`t even run the code dood, your delusional. Also the algorithm issues the coins to a minority. So a minority issue the coins to a minority.
How many people have bitcoin? How many mine?  It is a 10000+ to 1 just to miners to not miners  How many people in the world?

This is a good topic to bring it up because it shows how people feel about the current status of asics taking over, It also shows how bitcoin has changed over the years.

So it is a minority not a majority and that is the damn truth, sure a majority "could" if we were all were already rich, but were not. The majority of people can`t afford 1 asic and the majority don`t even run the protocol on there home held computers, they just have there coins on a exchange, majority of users, using bitcoin do not create the supply or issue it.


TimeBits (OP)
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August 09, 2019, 09:20:25 AM
 #4

The word "majority" is ambiguous on that tweet, it could also means anyone with majority of the hashrate are issuing the coins.
It also could means whoever own most ASIC, such as ASIC manufacture and it's investor.

You are right, I do see your and DooMAD`s point, but still least favorite tweet  Roll Eyes

Let`s be real, bitcoin should be fairly distributed, we should all have equal hash rate using the network and we all should be part of the consensus, per person not per how much computing power you got.
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August 09, 2019, 11:37:25 AM
 #5

It is unlikely that this bot has anything to do with the real Satoshi
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August 09, 2019, 01:52:25 PM
 #6

Let`s be real, bitcoin should be fairly distributed, we should all have equal hash rate using the network and we all should be part of the consensus, per person not per how much computing power you got.

And you don't think you're about 10 years too late for this? 

Either way, even if you had a time machine to go back and change it, such a proposal would still require a hard fork to enact and there's no guarantee people would have followed your fork.  Not to mention the impracticality of proving that each person is actually getting a fair share.  How would you even begin to do that without adding KYC to Bitcoin? 

I just can't envision a reality where it's feasible.



inb4 someone mentions Communism and the topic gets derailed into a political discussion

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TimeBits (OP)
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August 09, 2019, 02:40:50 PM
 #7

Let`s be real, bitcoin should be fairly distributed, we should all have equal hash rate using the network and we all should be part of the consensus, per person not per how much computing power you got.

And you don't think you're about 10 years too late for this?  

Either way, even if you had a time machine to go back and change it, such a proposal would still require a hard fork to enact and there's no guarantee people would have followed your fork.  Not to mention the impracticality of proving that each person is actually getting a fair share.  How would you even begin to do that without adding KYC to Bitcoin?  

I just can't envision a reality where it's feasible.

You are right a KYC will be needed, "AI" will do it all, we won`t need to trust giving random people with our KYC credentials, just a decentralized robot, that checks duplicate account creation to person.
It will be called proof of person. We will also need it for proof of population, if we plan on going to another solar system anytime soon.

It will actually be more decentralized than the current government issued id`s, and people themselves will willingly upload what is needed. The system(good AI robot) will identify them, without others being able to.

I envision it within the next 10 years you know why, because people are starting to wake the fuck up, just read some on the comments on the big banker deaths, shit is coming to those who think they rule the rest of us.
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August 09, 2019, 02:46:51 PM
 #8

You are right a KYC will be needed, "AI" will do it all, we won`t need to trust giving random people with our KYC credentials, just a decentralized robot, that checks duplicate account creation to person.

Then count me out.  I don't care if it's a company or a robot, I'm not following a chain where KYC is enforced because I fundamentally disagree with it.  I wish you the best of luck with your altcoin.

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TimeBits (OP)
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August 09, 2019, 02:49:02 PM
 #9

You are right a KYC will be needed, "AI" will do it all, we won`t need to trust giving random people with our KYC credentials, just a decentralized robot, that checks duplicate account creation to person.

Then count me out.  I don't care if it's a company or a robot, I'm not following a chain where KYC is enforced because I fundamentally disagree with it.  I wish you the best of luck with your altcoin.

Do you have a passport?, a drivers license?, a health card? gun? Own anything like a house?
I bet you have a traditional $lave bank account.

That is forced "KYC".

Mine will be for the willing  Kiss

You know how many times I been walking down the street and officers had made me KYC? show my ID to them? over 100 times buddy.
It is more liks KYS
(know your $lave)
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August 10, 2019, 08:58:23 AM
 #10

Do you have a passport?, a drivers license?, a health card? gun? Own anything like a house?
I bet you have a traditional $lave bank account.

That is forced "KYC".

Mine will be for the willing  Kiss

You know how many times I been walking down the street and officers had made me KYC? show my ID to them? over 100 times buddy.
It is more liks KYS
(know your $lave)

Which is why you break the cycle by building a system where you can prove it works without that crap. 

Stop repeating past mistakes, learn from them and improve. 

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