John Nash created bitcoin

[IadixDev]

There is a serious inconsistency in how UTXO are referred.
On one hand, there is all the work of having a totally ordered consensus of transactions: the block chain.  It would have been extremely simple to refer to a transaction output in a block chain: the block number, the transaction number in the block, and the output number in the transaction uniquely specify the UTXO.  No need for a hash, no need for 256 bit !

Seriously you need to stop pretending you know anything about blockchain design.

This is beginners' egregious error.

Lol you just flunked the most fundamental issue of decentralized systems, which is there is no total order.

Well deep down blockchain are still a decentralized database, who preserve total order

Even if the way the chain will be constructed is not ordered, the system make in sort to garantee total order consistent across the network.

It's this principle that took me to blockchain originally because they solve lot of pb inherent to distributed / decentralized system.

[1714041931]

1714041931

[1714041931]

1714041931

[1714041931]

1714041931

[1714041931]

1714041931

[1714041931]

1714041931

[1714041931]

1714041931

[IadixDev]

What she told me that satoshis is a word related to taoist concept of balance of opposite (male/female, yin/yan) etcel, and nakamoto mean 'the central source of'.

Nonsense + garbage.

Care to elaborate ? Or just a little hate burp in the morning ?

But I said it's just a possibility, if you have more element to disprove it, go ahead,  otherwise you are the one posting garbage

But from japanese these kanji can also have meaning, and they are not very common name.

[Dorky]

Remember Bitcoin is made by the elite for the elite.

Just an opinion... I believe bitcoin was made by the elite for the digital tracking of the sheeps.

I believe the money of the shadow elites is gold, and they are hoarding over 90% of it in subterranean safes.

The elites are most proficient in persuading us in exchanging fake wealth for real wealth.

It started with paper claim/paper money for gold.

Soon it will be digital money for gold.

[Dorky]

Care to elaborate ? Or just a little hate burp in the morning ?

But I said it's just a possibility, if you have more element to disprove it, go ahead,  otherwise you are the one posting garbage

But from japanese these kanji can also have meaning, and they are not very common name.

I have origin in taoism.

Trying to interpret the meaning of "satoshi" is like looking at the clouds and say the clouds look like a rabbit, without realizing that from another perspective it could look unlike a rabbit at all.

Unless the originator of bitcoin states the true meaning of "satoshi", whatever meaning we put to it is just based on assumption.

And it is quite disrespectful to associate "satoshi" to Taoist teaching without 100% assurance and certainty.

[iamnotback]

Remember Bitcoin is made by the elite for the elite.

Just an opinion... I believe bitcoin was made by the elite for the digital tracking of the sheeps.

I believe the money of the shadow elites is gold, and they are hoarding over 90% of it in subterranean safes.

The elites are most proficient in persuading us in exchanging fake wealth for real wealth.

It started with paper claim/paper money for gold.

Soon it will be digital money for gold.

You won't be able to transact in BTC on chain. I explained that to you before.

There will be digital currencies and they will be regulated like 666, and you won't be able to transact on chain in Bitcoin which won't be regulated.

Satoshi designed it this way and even @dinofelis admits he did, but somehow @dinofelis can't see that such a design forces the masses off chain into the totalitarianism of 666 regulated currencies.

What she told me that satoshis is a word related to taoist concept of balance of opposite (male/female, yin/yan) etc, and nakamoto mean 'the central source of'.

Nonsense + garbage.

The global elite designed multiple meanings into the choice of "Satoshi Nakamoto". And all of those meanings are intended to point out something important about Bitcoin.

[Dorky]

You won't be able to transact in BTC on chain. I explained that to you before.

There will be digital currencies and they will be regulated like 666, and you won't be able to transact on chain in Bitcoin which won't be regulated.

Satoshi designed it this way and even @dinofelis admits he did, but somehow @dinofelis can't see that such a design forces the masses off chain into the totalitarianism of 666 regulated currencies.

You understand that it is not in my interest to accept 100% of what anyone says without due diligence.

Whether you (and I) are right or wrong will be revealed so in the future.
Let us just hope we don't need to wait long for it.

[FlightyPouch]

Satoshi Nakamoto will be Satoshi Nakamoto. He let his discovery be used by the people and the people are happy to it. I don't really care who Satoshi Nakamoto is, but the thing that he created bitcoin without having any credits to it is really amazing.

[iamnotback]

You won't be able to transact in BTC on chain. I explained that to you before.

There will be digital currencies and they will be regulated like 666, and you won't be able to transact on chain in Bitcoin which won't be regulated.

Satoshi designed it this way and even @dinofelis admits he did, but somehow @dinofelis can't see that such a design forces the masses off chain into the totalitarianism of 666 regulated currencies.

You understand that it is not in my interest to accept 100% of what anyone says without due diligence.

I am correct about the technological points. Thus I am correct about the ramifications of those technological points.

Re: If LTC succesfully implements SegWit, will and should BTC follow?

Lightning Networks off chain transactions are analogous to garbage collection (GC) in programming, in the sense that there will be huge unpredictable spikes in transaction settlement load on the main chain, which will cause the main chain to be unresponsive to other needs during such "hiccups", similar to how your computer pauses if you have too many browser tabs open too long, while the GC mark-and-sweep algorithm attempts to free up memory.

For this reason (and others), LN and SegWit will never get activated on Bitcoin. Bitcoin was designed by the global elite for settlement between $billionaires. They want it to be as reliable as possible. So there is absolutely no way the elite are going to allow anyone to fork Bitcoin. Fugetaboutit.

Litecoin is being prepared to be the scaling coin. Bitcoin will remain the power broker settlement coin.

And nobody can change this outcome. A year from now, all dumbasses will once again realize I am always correct.

[Dorky]

I am correct about the technological points. Thus I am correct about the ramifications of those technological points.

I am not afraid if you're correct.
I am only afraid if you're wrong.
Because money earned from years of sweat and toil is at stake, and must not be simply/casually wasted away on something just because someone says that's the one.

I don't care how genius or smart or intelligent you are.
I only care if I will suffer total loss if I listen to you, because if I do, there is no insurance and no guarantee of compensation.
100% confidence is 100% overconfidence.
I learned this many times from trading.

Bear in mind, a lot of things can change.

[iamnotback]

I only care if I will suffer total loss if I listen to you, because if I do, there is no insurance and no guarantee of compensation.

How will you suffer an investment valuation loss if I am correct?

What have I stated which could cause you to make a decision which could potentially cause any loss for you  

[gribble]

Well I am not sure about John nash creared bitcoin because there are not really know who make bitcoin
the informations about creater of bitcoin is called Satoshi Nakamoto,
there are some people said that creared bitcoin is Craig Wright and there are some people
said Craig Wright is not creater of bitcoin.

[Dorky]

How will you suffer an investment valuation loss if I am correct?

What have I stated which could cause you to make a decision which could potentially cause any loss for you  

What I mean is if you're wrong, then I will suffer investment loss if I listen to you.


What you have stated about transaction fee that gets too high that it locks us out of the blockchain.
What you may not realize is that if that will be the case, then many still holding bitcoin (but is not $billionaire) by that time will have useless bitcoin because they can't spend them as they will never get confirmed.
If that will be so, then why not shift away to the alts soon?
Your comment about that transaction fee gives the wrong impression.

[IadixDev]

I'm sorry about that.  I used to like bitcoin, and I used to believe that it could have been good money.  It turns out it isn't.  But it is a great gambler's token, and it is a great reserve currency for unregulated sleazy big business (but not for the normal user, only for the big sleazy guys).  This is why I don't like it.  I think Satoshi created a monster, and that, together with a lot of technical clumsiness of the design, makes my have some doubts about him being Nash. But I'm not emotionally invested into this.  In other words, when I see the work, I think it cannot be the work of a genius, or at most of a genius in a bad day. Simply because the result doesn't look very well constructed, not because it has something to do with my "world view".  Bitcoin turned out to be clunky and quite ugly.  If you think that a genius created something clunky and quite ugly, be my guest.  I'm just pointing out that for a math genius, things don't add up, and I haven't seen any explanation of why it doesn't add up.  Your "you are wrong" are not arguments, but just expressions of your un-argumented opinion.

To me still from the day I sensed bitcoin was not really moral or good currency in my standard lol

Only because it's based on reward and probability, and game theory, it's the kind of stuff to dance with the devil, and no matter how you think it's going to work out, it always lead to amorality .

Actually I hate the principle of game theory and probability math lol

I remember I read about this before, but i didn't make the connection before lol

But all the mathematics and economic theories always stem from philosophy or sociology deep down.

Game theories come from dumb philosophy theories. It's known since plato and the very inception of rationalism,idealism, mathematics,  and republic / democracy that people who only fit on this model of reward and greed are opposite to idealism, intelectualism, and often are very short sighted regarding consequences. And will be anti law, anti morality, anti gov, anti anything that prevent them from maximum personal reward. Morality is always a constraint.

Now Nash was very aware of this, and I think his thinking is that it's possible to "game the game" , specially by exploiting this short sighted view and ignorance of long term to design system in sort to do some kind of jiu-jitsu with short sighted greed to trap them into acting in  a certain manner for short sighted seek of reward, but the law if the game have other implications who turn the system into some equilibrium, even if all individuals are only thinking for themselves in short sighted view.

And there are things that can lead me to think btc is this kind of jiu-jitsu to game the game theory based on proba and tieing two logic together through the system of pow/reward/coin emission all tied together.

But to be sure, would need to do the maths lol need to find someone good with proba and algebra and market economy to put the equation together to see if some prectible behavior is supposed to emerge through some factor who is made to be kept constant in the equation, even if it's seemingly random and clumpsy.

[IadixDev]

Care to elaborate ? Or just a little hate burp in the morning ?

But I said it's just a possibility, if you have more element to disprove it, go ahead,  otherwise you are the one posting garbage

But from japanese these kanji can also have meaning, and they are not very common name.

I have origin in taoism.

Trying to interpret the meaning of "satoshi" is like looking at the clouds and say the clouds look like a rabbit, without realizing that from another perspective it could look unlike a rabbit at all.

Unless the originator of bitcoin states the true meaning of "satoshi", whatever meaning we put to it is just based on assumption.

And it is quite disrespectful to associate "satoshi" to Taoist teaching without 100% assurance and certainty.

Well satoshis still mean wisdom , and the other central origin of. Path of the middle to reach wisdom , it's still plain budhism/taoism .

And yes either we assume it's name or not is assumption. Just saying we already know it's not a real name, and so the assumption to assume it's a person name to begin with is moot.

Coïncidence or not, cant tell for sure.

I studied taoïsme too, not sure why you try to construct my point of view as a lack of respect. Specially calling me garbage in the same breath. It's not a lack of respect in taoist culture ?

[Dorky]

Well satoshis still mean wisdom , and the other central origin of. Path of the middle to reach wisdom , it's still plain budhism/taoism .

And yes either we assume it's name or not is assumption. Just saying we already know it's not a real name, and so the assumption to assume it's a person name to begin with is moot.

Coïncidence or not, cant tell for sure.

I studied taoïsme too, not sure why you try to construct my point of view as a lack of respect. Specially calling me garbage in the same breath. It's not a lack of respect in taoist culture ?

I am not referring to you as garbage.

I am referring to the opinion given by your indonesian girlfriend as garbage.

"Satoshi" can mean anything that your imagination can conjure up, because there is no world outside the mind, and no mind outside the world.

[IadixDev]

Well satoshis still mean wisdom , and the other central origin of. Path of the middle to reach wisdom , it's still plain budhism/taoism .

And yes either we assume it's name or not is assumption. Just saying we already know it's not a real name, and so the assumption to assume it's a person name to begin with is moot.

Coïncidence or not, cant tell for sure.

I studied taoïsme too, not sure why you try to construct my point of view as a lack of respect. Specially calling me garbage in the same breath. It's not a lack of respect in taoist culture ?

I am not referring to you as garbage.

I am referring to the opinion given by your indonesian girlfriend as garbage.

"Satoshi" can mean anything that your imagination can conjure up, because there is no world outside the mind, and no mind outside the world.

So you think it's respectfull to answer with two trash words, without even constructing a sentence ?

And still there are meaning associated with the kanji, and it might not be a person name, but an immortal concept.

And yes we cant tell for sure if that's it or not, just a possibility

[Dorky]

So you think it's respectfull to answer with two trash words, without even constructing a sentence ?

And still there are meaning associated with the kanji, and it might not be a person name, but an immortal concept.

And yes we cant tell for sure if that's it or not, just a possibility

Being disrespectful is part of the balance.

Ommmmm.........   

[alkan]

I assume you meant "decentralized". But that leaves us with a dilemma:
a) They think it because they are very smart and proved the impossibility of decentralized currencies before releasing Bitcoin. Though that would mean that your design would turn out as impossible as well. Either because it's impossible as such or because it will finally get captured by them.
b) They didn't prove it and just think (or hope) it. In that case they would be very dumb (and thus cannot be called an "elite") since they must have been aware of the risk that someone would eventually come and fix Bitcoin's flaw of becoming centralized.

@iamnotback: Do you have any thoughts on how to solve that dilemma?

[IadixDev]

So you think it's respectfull to answer with two trash words, without even constructing a sentence ?

And still there are meaning associated with the kanji, and it might not be a person name, but an immortal concept.

And yes we cant tell for sure if that's it or not, just a possibility

Being disrespectful is part of the balance.

Ommmmm.........   

Yes but to me you see it's there that a connection with taoism can be made, even with the conclusion of Nash theories.

Again would need to do the maths to be sure, but im fairly convinced the whole design rely on tieing up two opposite for them to work together as a greater whole with a certain global order even if it's composed of two opposite forces.

The two sides are the market/trading/speculation, and the other side, the predictible nature supposed to emerge from it, from the Mining, to keep the chain coherent and secure the transactions.

Im pretty sure it would come out as butterfly shaped thing where the two side are kept together by the pinning of the two side on the block reward/inflation control/pow/proba.

Because it become obvious to me now there are two game playing together with the bitcoin, and each can have opposite interest, but it's kept together as a coherent whole because of a certain dynamic that take in account the two side and make them work together as a common interest emerge from the system even if each side only think about his interest.

In that it could be close to some taoist principle, add to this the kanji, it still make a lot of coïncidence,

But maybe it's not this at all, again just an idea that start to form in my mind

[Dorky]

Again would need to do the maths to be sure, but im fairly convinced the whole design rely on tieing up two opposite for them to work together as a greater whole with a certain global order even if it's composed of two opposite forces.

The two sides are the market/trading/speculation, and the other side, the predictible nature supposed to emerge from it, from the Mining, to keep the chain coherent and secure the transactions.

The two opposing sides are just distractions.

The shadow elites neither understand Taoism nor are practicing Taoist wisdom.

Because they do not practice what they understand/preach, thus they are as good as not practicing any wisdom.

Besides, the shadow elites worship the money god.

Money, no matter how perfect we try to make it to be, will never be perfect.