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Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806375 times)
brg444
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July 10, 2015, 03:36:44 PM
 #28661

Peter is definitely part of the problem.  so it's not surprising that iCEBlow holds him up as one of his Daddy's.

his problem is that he's had a problem with Gavin going back years on end so his current position on opposing Gavin's ideas are unsurprising.  it's just all the other whoring he does on Reddit and Twitter that really make one suspicious.   he's a much smarter version of Tim Swanson.

Your problem is that you've had a problem with gmax going back years on end, so your current position opposing all of the core devs' ideas is unsurprising.  It's just all the whoring you do on Bitcointalk and Reddit, that make one suspicious.  You're a much smarter version of Jorge Stolfi.

Peter is part of the reason Bitcoin has a good chance of successfully scaling to 1MB.

What has your African boy fetishism done for Bitcoin?   Huh

i've already gone thru why i disagree strongly with gmax:

1. his handling of the PressCenter.org debacle-he still claims he was right after the fork won.
2. his whining about mining centralization
3. his general bearishness on Bitcoin
4. his views on consensus
5. his formation of Blockstream involving 9 of the top core dev committers with him as CEO.
6. his obstruction of the block size increase.

he's the only one of the core dev i've ever had "problems" with.  the above lists merely differences in ideology anyway.

you really don't care about getting your facts straight heh?

Adam Back is CEO

there are at most 6 Bitcoin core contributors on Blockstream`s team. probably 3 of them would qualify ast "top committers"

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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July 10, 2015, 03:38:12 PM
 #28662

lol.  that's China winding up.  big break thru the 200MA:

Just yesterday you were saying

if we weren't being crippled by iCEBlow and his Cripplecoiners, we'd have had the huge LTC rally here.

Do you see the lack of consistency there, or do I need to draw you a picture?   Smiley


EDIT: And once again, LTC acts as the silver to BTC's gold by frontrunning and pre-announcing its big brother's price spike.

What ho, smooth?   Cool

We see markets make counter intuitive moves all the time. It's the chart technicians primarily, who are watching the price action factor in a probable solution to the 1MB choke that's causing the rally. Grin
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July 10, 2015, 03:44:18 PM
 #28663

lol.  that's China winding up.  big break thru the 200MA:

Just yesterday you were saying

if we weren't being crippled by iCEBlow and his Cripplecoiners, we'd have had the huge LTC rally here.

Do you see the lack of consistency there, or do I need to draw you a picture?   Smiley

i don't have to be right on the price.  if it decides to go up, i'll be glad.  it's all speculation that we don't have control of.

but when it comes down to how to run Bitcoin, as in financial conflicts or not, or adhering to Satoshi's original vision, darn right i'm consistent in my message and what i think is right.

you, otoh, are a Monero Pimp.  i wouldn't be surprised if you were a Blockstream shill as well.

IOW, "NO iCEBREAKER, I DON'T SEE THE INCONSISTENCY THERE AND YES, I DO NEED YOU TO DRAW ME A PICTURE."

Fine.   Roll Eyes

I'm not asking you to correctly predict the price or even refrain from speculation.  That would be silly.

I'm asking for some logical consistency, or an admission you must make up shit as you go along.  In a way, I suppose we already have implicit admission of the latter...as you simultaneously fault gmax for "general bearishness on Bitcoin" and throw around the term "Cripplecoin."

You think I'd be a good Blockstream shill?  Great, I'll put that on my application!   Cool

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
newb4now
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July 10, 2015, 03:54:12 PM
 #28664


There is no "fucking problem."  There is only the endless whining of economically illiterate people like you.

For those of us who can't afford $0.25 BTC fees, there's Litcoin, Peercoin, Nubits (pegged to the dollar, neat!), Monero, etc.



Quit your fucking bitching.  We're tired of it.  It will never change Bitcoin, because You. Have. No. Power. Here.

Peter Todd is part of the problem, imo

In this thread Peter R and New Liberty are imo better capable leading than some of the current Devs.  

Those are all shit coins for people to steal money from newbies (zero sum game) except Monero which offers something Bitcoin doesnt, but is extremely hard for average Joe.

We need to start looking at BTC in mass adoption for the other 99.5% of the world who could use this coin.  

I dont have power here, but I do understand economics and if you limit BTC to 1% of the population it really has not a lot of worth, imo.  Though I would still hold it, my USD would better serve me.


My thoughts make it 8 MB at halving and add sidechain availbility, and see what happens.

Monero is not that hard for the average Joe (unofficial GUIs exist along with a web wallet) and is getting easier with XMR.to to spend Monero anywhere, integrated addresses, LMBD and more on the way

I agree mass adoption is a long ways away. Maybe once more people (like Cyprus and soon Greece) have their bank accounts treated with a "haircut" more people will start to look to the blockchain as a safer way to store and spend wealth (60 Euro ATM withdraw limit caps in Greece now)

Most people don't think about block times or transaction delays. Bitcoin will reach mass adoption first. Then as problems emerge people will seek alternatives if bitcoin itself does not adapt to deal with its limitations
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July 10, 2015, 04:03:55 PM
 #28665

Care to make a wager, iCEBREAKER?  1 BTC that the longest proof-of-work chain contains a block larger than 1 MB by this time next year (10-Jul-2016).
If you lose, I want real Bitcoin.  If you win, expect to be paid in doublespent Gavincoins.   Cool

Did you just agree to the bet?  I can't tell.  

We'd both deposit 1 BTC to a multisig address (3rd key held by neutral party).  If the chain forks, the winner would automatically have coins spendable on both sides.  

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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July 10, 2015, 04:32:17 PM
 #28666

Peter is definitely part of the problem.  so it's not surprising that iCEBlow holds him up as one of his Daddy's.

his problem is that he's had a problem with Gavin going back years on end so his current position on opposing Gavin's ideas are unsurprising.  it's just all the other whoring he does on Reddit and Twitter that really make one suspicious.   he's a much smarter version of Tim Swanson.

Your problem is that you've had a problem with gmax going back years on end, so your current position opposing all of the core devs' ideas is unsurprising.  It's just all the whoring you do on Bitcointalk and Reddit, that make one suspicious.  You're a much smarter version of Jorge Stolfi.

Peter is part of the reason Bitcoin has a good chance of successfully scaling to 1MB.

What has your African boy fetishism done for Bitcoin?   Huh

i've already gone thru why i disagree strongly with gmax:

1. his handling of the PressCenter.org debacle-he still claims he was right after the fork won.
2. his whining about mining centralization
3. his general bearishness on Bitcoin
4. his views on consensus
5. his formation of Blockstream involving 9 of the top core dev committers with him as CEO.
6. his obstruction of the block size increase.

he's the only one of the core dev i've ever had "problems" with.  the above lists merely differences in ideology anyway.

you really don't care about getting your facts straight heh?

Adam Back is CEO

there are at most 6 Bitcoin core contributors on Blockstream`s team. probably 3 of them would qualify ast "top committers"

sorry:

https://www.reddit.com/r/Bitcoin/comments/3aykzr/btcchina_we_think_gavins_proposal_is_a/csh6szr
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July 10, 2015, 04:37:33 PM
 #28667

Care to make a wager, iCEBREAKER?  1 BTC that the longest proof-of-work chain contains a block larger than 1 MB by this time next year (10-Jul-2016).
If you lose, I want real Bitcoin.  If you win, expect to be paid in doublespent Gavincoins.   Cool

Did you just agree to the bet?  I can't tell.  

We'd both deposit 1 BTC to a multisig address (3rd key held by neutral party).  If the chain forks, the winner would automatically have coins spendable on both sides.  

You can't tell because you edited out the part of my post which answered your question:

1MB blocks may become a harmful constraint by this time next year, given some black swan for fiat or rapid deployment of sidechain/Lightning.  But we're are not even on course to begin getting there yet, given the unwelcome distraction of the Gavinista insurgency inciting the get-rich-quick XT mob.  TX fees are still orders of magnitude below their cost in electricity, etc., demonstrating fee pressure insufficient for develop mature markets.

I suspect we agree that should 1MB blocks become an undeniably urgent concern (EG, if we see actual congestion resulting in appropriate fees no longer prioritizing their tx) the controversy will rapidly dissipate and be replaced by emergent rough consensus.

There's also the possibility we do get a technically and politically feasible velvet divorce, in which case we can forget all this nasty controversy about the "best" block size and start a new nasty controversy about which is the "real" Bitcoin.

Does ^that^ help, or do you require pictorial aids like dear old befuddled Doctor Frappuccino?   Cheesy

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
brg444
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July 10, 2015, 04:42:33 PM
 #28668

Peter is definitely part of the problem.  so it's not surprising that iCEBlow holds him up as one of his Daddy's.

his problem is that he's had a problem with Gavin going back years on end so his current position on opposing Gavin's ideas are unsurprising.  it's just all the other whoring he does on Reddit and Twitter that really make one suspicious.   he's a much smarter version of Tim Swanson.

Your problem is that you've had a problem with gmax going back years on end, so your current position opposing all of the core devs' ideas is unsurprising.  It's just all the whoring you do on Bitcointalk and Reddit, that make one suspicious.  You're a much smarter version of Jorge Stolfi.

Peter is part of the reason Bitcoin has a good chance of successfully scaling to 1MB.

What has your African boy fetishism done for Bitcoin?   Huh

i've already gone thru why i disagree strongly with gmax:

1. his handling of the PressCenter.org debacle-he still claims he was right after the fork won.
2. his whining about mining centralization
3. his general bearishness on Bitcoin
4. his views on consensus
5. his formation of Blockstream involving 9 of the top core dev committers with him as CEO.
6. his obstruction of the block size increase.

he's the only one of the core dev i've ever had "problems" with.  the above lists merely differences in ideology anyway.

you really don't care about getting your facts straight heh?

Adam Back is CEO

there are at most 6 Bitcoin core contributors on Blockstream`s team. probably 3 of them would qualify ast "top committers"

sorry:

https://www.reddit.com/r/Bitcoin/comments/3aykzr/btcchina_we_think_gavins_proposal_is_a/csh6szr

Ah I see, that's how you wanna play it. Well then 9 out of 300+ contributors. I don't see the problem

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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July 10, 2015, 04:59:26 PM
 #28669

Care to make a wager, iCEBREAKER?  1 BTC that the longest proof-of-work chain contains a block larger than 1 MB by this time next year (10-Jul-2016).
If you lose, I want real Bitcoin.  If you win, expect to be paid in doublespent Gavincoins.   Cool

Did you just agree to the bet?  I can't tell.  

We'd both deposit 1 BTC to a multisig address (3rd key held by neutral party).  If the chain forks, the winner would automatically have coins spendable on both sides.  

You can't tell because you edited out the part of my post which answered your question:
...
Does ^that^ help, or do you require pictorial aids like dear old befuddled Doctor Frappuccino?   Cheesy

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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July 10, 2015, 05:06:42 PM
 #28670



 Huh

Why are you in every thread whoring for attention?

Is it not sunny in Davao today? Go outside and have a SML or Pilsen, whichever you prefer.. would ya?

edit: oops, almost forgot it's a little late there  Cheesy

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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July 10, 2015, 05:26:15 PM
 #28671

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Sorry, this season of All My Bitcoins is about the "best" block size.

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

/spoilers

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
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July 10, 2015, 05:54:34 PM
 #28672

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Sorry, this season of All My Bitcoins is about the "best" block size.

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

/spoilers

Please let's not get to calling it 'QT' for the coming battles.  That is simply the name of one of the graphical display technologies used for a pointless shell which chose to Gavin focused his energies on back years ago when he did much of anything.

Better marketing minds than mine need to come up with a name which indicates that we're talking about the protocol which was used for the first half-decade of Bitcoin's existence and represents one branch after the hard-fork.  Hopefully ultimately the dominant one of course.


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July 10, 2015, 05:55:52 PM
 #28673

So your take is that devs are going full "political" rather than technical? (serious question)

If yes, what's the way to unlock this impasse?
Exactly. The heavy political bent of the core developers was obvious to me since I joined this forum. I just underestimated the amount of internal tension and mutual distrust within that group until the March 2013 event.

My proposal was published late 2011 and I always wear it in my signature:

https://bitcointalk.org/index.php?topic=54382.0

In one sentence:

Don't sign political slogans like "Chancellor on the brink...", sign the "digital prospectus" specifying exactly the rules of consensus and explicitly track their inevitable changes as the world evolves, including through the splits and joins that form a DAG (directed acyclic graph), not just forks.

Posted in this thread couple of days ago:

https://bitcointalk.org/index.php?topic=68655.msg11664787#msg11664787


Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
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July 10, 2015, 06:18:24 PM
 #28674

follow this conversation and you'll realize who and what we're having to deal with:

https://www.reddit.com/r/Bitcoin/comments/3agk61/ultimate_bitcoin_stress_test_monday_june_22nd/cscgdwy

 Huh

What's wrong here?

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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July 10, 2015, 07:04:35 PM
 #28675

follow this conversation and you'll realize who and what we're having to deal with:

https://www.reddit.com/r/Bitcoin/comments/3agk61/ultimate_bitcoin_stress_test_monday_june_22nd/cscgdwy

 Huh

What's wrong here?

block size decrease.  really?
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July 10, 2015, 07:11:01 PM
 #28676

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Sorry, this season of All My Bitcoins is about the "best" block size.

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

/spoilers

What is the real bitcoin will be clear after just a few blocks, maybe 20.
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July 10, 2015, 07:20:08 PM
 #28677

That venezuelans can not afford a 25 cent transaction cost is bogous on several levels. They give teenagers butt-extensions as graduation gifts there, for krissake. And M-Pesa has both a transaction cost and a redraw-cost in the order of 1%. Then there is the government gang, who takes 10 cent per transaction. That could be kenya shilling cents, I could not be bothered to check. Anyway, they still use mpesa for small transactions, like crazy. We can compete, especially with larger blocks in place.
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July 10, 2015, 07:20:42 PM
 #28678

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Sorry, this season of All My Bitcoins is about the "best" block size.

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

/spoilers

What is the real bitcoin will be clear after just a few blocks, maybe 20.


Its obvious he doesn't want to bet because he knows he will loose.  Good job Peter.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
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July 10, 2015, 07:27:46 PM
 #28679

I just wanted you to say "no, I don't want to bet against the block size limit increasing within the next year (since it likely will)"  Wink

Sorry, this season of All My Bitcoins is about the "best" block size.

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

/spoilers

What is the real bitcoin will be clear after just a few blocks, maybe 20.


Its obvious he doesn't want to bet because he knows he will loose.  Good job Peter.

Here is an idea for the first 1.1M block to dip the toe in the cold water: Use one of the 1 transactions blocks, just fill it with some poetry, the natural law, or some absurd statements from the central bankers or something. It might cost the miner 25 coins, but at least he saves the work to arrange a transaction list.
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July 10, 2015, 07:29:16 PM
 #28680

Next year, XT is the villain and there is briefly some FUD about whether it or QT is the "real" Bitcoin.

What is the real bitcoin will be clear after just a few blocks, maybe 20.


You are entitled to your opinion.   Cool

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
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