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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 2010682 times)
iCEBREAKER
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August 10, 2015, 03:12:18 AM
 #30021

Yes I do believe that it could. I believe that a major or even near-total (much less total) collapse of decentralization is a technical failure, and is a possible (and not outrageously implausible) outcome of BIP 101.

I agree that a major or near-total collapse of decentralization would be a technical failure.  

I guess we just assign very different probabilities to that happening under BIP101.  

So much for the technical debate being "over."   Tongue


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Monero
"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
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August 10, 2015, 03:25:47 AM
 #30022

From: https://www.reddit.com/r/Bitcoin/comments/3gdj7j/a_better_way_to_govern_bitcoin_block_size_open/ctxb53s

Quote from: Peter R
Quote from: marcus_of_augustus
You are really going all out on the attack FUD on this one aren't you?

I think the analogy to the Fed's FOMC is fairly accurate. Part of the ideology behind central banking is that a group of educated men can make better decisions for what is best for the economy (by choosing the interest rate that balances "inflation expectations" with "employment") than allowing the free market to solve the same problem.

This is similar to the block size debate. Part of the ideology behind limiting the block size is that a group of talented coders can make better decisions for what is best for Bitcoin, by choosing a limit that produces what they see as a better balance between "decentralization" and "blockchain access," than what would happen if the limit were slowly removed according to Gavin's BIP101 proposal.

Isn't this what the debate really comes down to now? The technical debate is over; It's ideology at this point. Do we want a Bitcoin that has a dual mandate of balancing decentralization with blockchain access? Or do we want a permissionless Bitcoin where blockspace is governed by the fee market?

The debate is really just about ideology at this point, and that's why we're no longer making progress.  The technical debate is over.  Some people want Bitcoin to be free to grow, while others want to control the growth process to attempt to balance "decentralization" with "block space access."

it's time to vote with your feet.
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August 10, 2015, 03:32:10 AM
 #30023

Yes I do believe that it could. I believe that a major or even near-total (much less total) collapse of decentralization is a technical failure, and is a possible (and not outrageously implausible) outcome of BIP 101.

I agree that a major or near-total collapse of decentralization would be a technical failure.  

I guess we just assign very different probabilities to that happening under BIP101.  

So much for the technical debate being "over."   Tongue

In other words - The technical debate is over.  There will be NO catastrophic failure of decentralization with BIP101.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
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August 10, 2015, 03:36:23 AM
 #30024

testing versions of XT available on the nodes monitor:

http://xtnodes.com/

Justusranviar and cypherdoc describe the XT system and infrastructure footprint:

  https://www.youtube.com/watch?v=iE17sNjmW7c


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August 10, 2015, 03:44:31 AM
 #30025

tvbcof: "woof, woof":

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August 10, 2015, 03:44:56 AM
 #30026

Yes I do believe that it could. I believe that a major or even near-total (much less total) collapse of decentralization is a technical failure, and is a possible (and not outrageously implausible) outcome of BIP 101.

I agree that a major or near-total collapse of decentralization would be a technical failure. 

I guess we just assign very different probabilities to that happening under BIP101. 

I never stated probabilities. Unless you believe you can support that the probabilities are "outrageously implausible" (and if so based on what???) we don't necessarily disagree at all.

Furthermore, getting back to your original post, I don't agree that we "are no longer making progress". Just a few days ago you released a paper that was insightful, comprehensive on the matter of fee markets over the next 10-20 years (though to be clear that is only a portion of the overall block size debate), generally well-received, and raised new questions for follow up research. How can you say that with a major step forward having occurred only a few days ago, there is no longer any progress? Could the same be said a week or two ago, before you paper was released?

I can only imagine this perspective comes from the hubris of thinking that now that your paper is out, everyone should just shut up and get in line behind your conclusions.

EDIT: edited to clarify that the paper is, by its own stated conclusions, relevant to the next 10-20 years. No one seems interested in my observation that the final paragraph of the paper is in fact highly relevant beyond 10-20 years. I guess we will have all cashed out by then?
iCEBREAKER
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August 10, 2015, 03:45:34 AM
 #30027

Yes, how dare anyone take care to insulate debates from ad hom fallacies and protect their families/careers from internet whackjobs?

Fuck Satoshi Nakamoto for being an anonymous coward!  Nobody ever said disrupting gold, central banks, and fintech settlement would be safe or easy!  Man up and make sacrifices!  The revolution needs martyrs!

And fuck Publius for writing all those mean things about how the King of England treats his American Colonies.  Such a gutless terror-symp, am I right?

The purpose of anonymous speech is, as you mentioned, to avoid adverse consequences of speaking.

In general you can divide this further into two categories:

1. Avoiding the adverse consequences of telling the truth
2. Avoiding the adverse consequences of telling a lie

1. Is admirable, 2. is contemptible.

PS  Still waiting for your concern over lack of an objective, precise definition for Bitcoin network "overcapacity" to result in some amazing new concepts and dimensionless numbers.

After all the hand wringing you performed over our unforgivably sloppy use of "decentralized" I'm sure such research is your top priority.   Grin

I have no idea what you're talking about now.

You are half right.  Here, let me help:

Quote
The purpose of anonymous speech is to to avoid adverse consequences of speaking and ensure an abstract debate of the issue's merits in a vaccuum, free from nonsense about personalities and biographies.

Fixed ^it^ for you.   Cool

I didn't *only* mention avoiding adverse consequences of speaking, although that is the part of my main comment to which you responded.

The neglected other half was about insulating debates from ad hom fallacies ("GMAX BACKAMOTO = THE BLOCKSTREAM CONSPIRACY!!1  PLUS PETERTOAD VIACOIN WTF?!?").

I understand that consequence, which is to the benefit of the audience as much as (or more than) the speaker, does not further the anonymity-implies-something-to-hide meme you seek to promote, so small wonder you ignored it.


The PS is fairly simple.  Given your Great Concern about a rigorous definition of decentralization, your silence about the same issue with 'overcapacity' is deafening.

You say we can't (usefully and without concern trolling) discuss decentralization without assigning it a number from 1 to 10 (with 20 decimals places for precision).

Fair enough, let's attempt to define our crypto-terms.  Now, where is the same demand when Frap.doc starts hyperventilating because the network is "choking" and "overcapacity?"

You don't get call out sloppy "I know it when I see it" use of one crypto-term while ignoring another.   Wink


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Monero
"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
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August 10, 2015, 03:50:49 AM
 #30028

Yes, how dare anyone take care to insulate debates from ad hom fallacies and protect their families/careers from internet whackjobs?

Fuck Satoshi Nakamoto for being an anonymous coward!  Nobody ever said disrupting gold, central banks, and fintech settlement would be safe or easy!  Man up and make sacrifices!  The revolution needs martyrs!

And fuck Publius for writing all those mean things about how the King of England treats his American Colonies.  Such a gutless terror-symp, am I right?

The purpose of anonymous speech is, as you mentioned, to avoid adverse consequences of speaking.

In general you can divide this further into two categories:

1. Avoiding the adverse consequences of telling the truth
2. Avoiding the adverse consequences of telling a lie

1. Is admirable, 2. is contemptible.

PS  Still waiting for your concern over lack of an objective, precise definition for Bitcoin network "overcapacity" to result in some amazing new concepts and dimensionless numbers.

After all the hand wringing you performed over our unforgivably sloppy use of "decentralized" I'm sure such research is your top priority.   Grin

I have no idea what you're talking about now.

You are half right.  Here, let me help:

Quote
The purpose of anonymous speech is to to avoid adverse consequences of speaking and ensure an abstract debate of the issue's merits in a vaccuum, free from nonsense about personalities and biographies.

Fixed ^it^ for you.   Cool

I didn't *only* mention avoiding adverse consequences of speaking, although that is the part of my main comment to which you responded.

The neglected other half was about insulating debates from ad hom fallacies ("GMAX BACKAMOTO = THE BLOCKSTREAM CONSPIRACY!!1  PLUS PETERTOAD VIACOIN WTF?!?").

I understand that consequence, which is to the benefit of the audience as much as (or more than) the speaker, does not further the anonymity-implies-something-to-hide meme you seek to promote, so small wonder you ignored it.


The PS is fairly simple.  Given your Great Concern about a rigorous definition of decentralization, your silence about the same issue with 'overcapacity' is deafening.

You say we can't (usefully and without concern trolling) discuss decentralization without assigning it a number from 1 to 10 (with 20 decimals places for precision).

Fair enough, let's attempt to define our crypto-terms.  Now, where is the same demand when Frap.doc starts hyperventilating because the network is "choking" and "overcapacity?"

You don't get call out sloppy "I know it when I see it" use of one crypto-term while ignoring another.   Wink

just stop with all the iCEBLOW.  admit it.  you're greedy.
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August 10, 2015, 03:58:40 AM
 #30029

[ Gavinista blatherings ] 

I don't agree that we "are no longer making progress". Just a few days ago you released a paper that was insightful, comprehensive, generally well-received, and raised new questions for follow up research. How can you say that with a major step forward having occurred only a few days ago, there is no longer any progress? Could the same be said a week or two ago, before you paper was released?

I can only imagine this perspective comes from the hubris of thinking that now that your paper is out, everyone should just shut up and get in line behind your conclusions.


Even prior to Peter's paper's public publishing, it was obvious it was intended to 'settle' the debate, via the browbeating process of producing more ostensibly conclusory content than the other side could reasonably be arsed to GAF about.

But he's still right, in roundabout way.  The debate is settled; the consensus is 'we don't have a consensus.'


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Monero
"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
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August 10, 2015, 04:07:01 AM
 #30030

The debate is settled; the consensus is 'we don't have a consensus.'

I would love to see the current definition of "consensus" for Bitcoin changes because if that means 100% support for doing something then the whole project is royally screwed. There has been no endeavor of importance in human history where unanimity was required on all decisions.

Satoshi is a pragmatist because he has >50% majority baked into deciding how the blockchain grows. That is the consensus he came up with and anything better is a "nice-to-have".

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Bitcoin replaces central, not commercial, banks


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August 10, 2015, 04:10:40 AM
 #30031

The debate is settled; the consensus is 'we don't have a consensus.'

I would love to see the current definition of "consensus" for Bitcoin changes because if that means 100% support for doing something then the whole project is royally screwed. There has been no endeavor of importance in human history where unanimity was required on all decisions.

Satoshi is a pragmatist because he has >50% majority baked into deciding how the blockchain grows. That is the consensus he came up with and anything better is a "nice-to-have".

Yes, we know, you'd like it to be a democracy. Fortunately Bitcoin works exactly against that principle.

"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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August 10, 2015, 04:21:12 AM
 #30032

The puffery "about censorship" is the most lulzy of all, because it highlights the self-righteous whiny immaturity and fundamental ignorance of the ReddiTard mob.

As usual, not a single argument

Do I really have to explain (like you are 5) why puffery "about censorship" is the most lulzy of all, because it highlights the self-righteous whiny immaturity and fundamental ignorance of the ReddiTard mob?

OK, fine.

The lulz are a result of the drama queen reactions which declare theymos and bashco to be Literally Hitler®.  EG:

Quote



TIL moderating a subreddit is actually "censorship" and "the epitome of authoritarianism."   Roll Eyes


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Monero
"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
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August 10, 2015, 04:31:48 AM
 #30033

The debate is settled; the consensus is 'we don't have a consensus.'

I would love to see the current definition of "consensus" for Bitcoin changes because if that means 100% support for doing something then the whole project is royally screwed. There has been no endeavor of importance in human history where unanimity was required on all decisions.

This obviously doesn't apply because Bitcoin development has not needed 100% support for "doing something". Compare Bitcoin today to Bitcoin 0.1 and you will see that quite a lot has been done, and probably not one single thing has ever had 100% support (there is always someone...)

What Bitcoin development has done up to this point is push through contentious hard forks. There is a perfectly reasonable view that hard forks should never be done at all, or at least not unless there is a huge emergency. "I think this is a good idea" doesn't count.

Accepting for the moment that point of view, development on a great many things that don't require hard forks (contentious or otherwise) can continue, and scalability can be built outside the core. That may not be everyone's preferred solution but it hardly means the whole project is royally screwed.

EDIT: added missing word "not"
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August 10, 2015, 04:34:56 AM
 #30034

The debate is settled; the consensus is 'we don't have a consensus.'

I would love to see the current definition of "consensus" for Bitcoin changes because if that means 100% support for doing something then the whole project is royally screwed. There has been no endeavor of importance in human history where unanimity was required on all decisions.

Satoshi is a pragmatist because he has >50% majority baked into deciding how the blockchain grows. That is the consensus he came up with and anything better is a "nice-to-have".

Yes, we know, you'd like it to be a democracy. Fortunately Bitcoin works exactly against that principle.

Unlike in a democracy, where decisions are coercively imposed by a numerical majority, in a system ruled by economic majority there's no coercion; the economic majority goes its own way and breaks free from anyone who seeks to impose a measure that is judged detrimental to its interests.

http://elbitcoin.org - Bitcoin en español
http://mercadobitcoin.com - MercadoBitcoin
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August 10, 2015, 04:43:58 AM
 #30035

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

You of all ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

The devs represent probably less than 0.01% of the effort spent getting bitcoin to where it is today.heck they didnt even come up with the original concept, and more and more don't even seem to understand it.
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August 10, 2015, 04:47:27 AM
 #30036

From: https://www.reddit.com/r/Bitcoin/comments/3gdj7j/a_better_way_to_govern_bitcoin_block_size_open/ctxb53s

Quote from: Peter R
Quote from: marcus_of_augustus
You are really going all out on the attack FUD on this one aren't you?

I think the analogy to the Fed's FOMC is fairly accurate. Part of the ideology behind central banking is that a group of educated men can make better decisions for what is best for the economy (by choosing the interest rate that balances "inflation expectations" with "employment") than allowing the free market to solve the same problem.

This is similar to the block size debate. Part of the ideology behind limiting the block size is that a group of talented coders can make better decisions for what is best for Bitcoin, by choosing a limit that produces what they see as a better balance between "decentralization" and "blockchain access," than what would happen if the limit were slowly removed according to Gavin's BIP101 proposal.

Isn't this what the debate really comes down to now? The technical debate is over; It's ideology at this point. Do we want a Bitcoin that has a dual mandate of balancing decentralization with blockchain access? Or do we want a permissionless Bitcoin where blockspace is governed by the fee market?

The debate is really just about ideology at this point, and that's why we're no longer making progress.  The technical debate is over.  Some people want Bitcoin to be free to grow, while others want to control the growth process to attempt to balance "decentralization" with "block space access."

Well said, BTW great paper last week.
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August 10, 2015, 04:48:25 AM
 #30037

The purpose of anonymous speech is to to avoid adverse consequences of speaking and ensure an abstract debate of the issue's merits in a vaccuum, free from nonsense about personalities and biographies.

That is a claim that certainly can be made.

On the other hand, it is a known fact that the same technique can be weaponized:

https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/

In the current environment. I'd say that the onus to prove honest dealing lies with the one using the technique.

You say we can't (usefully and without concern trolling) discuss decentralization without assigning it a number from 1 to 10 (with 20 decimals places for precision).

No. You're so far off that you aren't even wrong.

Before we can talk intelligently about decentralization:

Step 1: Define what the word means
Step 2: Establish that decentralization is, in fact, desirable, and why

I haven't seen much in the way to establish either one of those points, just a lot of begging the question by assuming that "decentralization" has a coherent and stable meaning, and that it (whatever it is) is obviously good.

I'm still not sure what you're going on about with "overcapacity", as I've never used that term.

Are you talking about well-known and understood principles of economics?
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August 10, 2015, 05:11:48 AM
 #30038

The debate is settled; the consensus is 'we don't have a consensus.'

I would love to see the current definition of "consensus" for Bitcoin changes because if that means 100% support for doing something then the whole project is royally screwed. There has been no endeavor of importance in human history where unanimity was required on all decisions.

This obviously doesn't apply because Bitcoin development has not needed 100% support for "doing something". Compare Bitcoin today to Bitcoin 0.1 and you will see that quite a lot has been done, and probably not one single thing has ever had 100% support (there is always someone...)

What Bitcoin development has done up to this point is push through contentious hard forks. There is a perfectly reasonable view that hard forks should never be done at all, or at least not unless there is a huge emergency. "I think this is a good idea" doesn't count.

Accepting for the moment that point of view, development on a great many things that don't require hard forks (contentious or otherwise) can continue, and scalability can be built outside the core. That may not be everyone's preferred solution but it hardly means the whole project is royally screwed.

Well said.  In solex's "the whole project is royally screwed" quasi-buttcoiner BS, his unsubstantiated claim of heretofore unobserved emergency Soon relies on completely warped misreading and misapplication of Bitcoin history (which you graciously correct with an apt summary of the actual facts and logic involved).

Economic consensus will exist IFF it is no longer in the economic interest of anyone possessing economic veto power to maintain their major objection to the proposed hard fork.  EG, in "a huge emergency" that threatens the present and future value of their coins, even MPEX & Co will (tend to) support (or at least not object to and actively attack/sabotage) the leading proposed solution.

As for

Quote
"I think this is a good idea" doesn't count.

lol rekt   Grin

That one is up there with MoA's classic

"not tonight dear"


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Monero
"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
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August 10, 2015, 05:44:18 AM
 #30039

The purpose of anonymous speech is to to avoid adverse consequences of speaking and ensure an abstract debate of the issue's merits in a vaccuum, free from nonsense about personalities and biographies.

That is a claim that certainly can be made.

On the other hand, it is a known fact that the same technique can be weaponized:

https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/

In the current environment. I'd say that the onus to prove honest dealing lies with the one using the technique.

You say we can't (usefully and without concern trolling) discuss decentralization without assigning it a number from 1 to 10 (with 20 decimals places for precision).

No. You're so far off that you aren't even wrong.

Before we can talk intelligently about decentralization:

Step 1: Define what the word means
Step 2: Establish that decentralization is, in fact, desirable, and why

I haven't seen much in the way to establish either one of those points, just a lot of begging the question by assuming that "decentralization" has a coherent and stable meaning, and that it (whatever it is) is obviously good.

I'm still not sure what you're going on about with "overcapacity", as I've never used that term.

Are you talking about well-known and understood principles of economics?

Your distrust in the marketplace of ideas is noted, so too is your reluctance to accept that truth will withstand scrutiny on its own merits as fallacy will fail on its lack of them.

I commend your extreme ("weaponized") cynicism in using Citizen Four (aka Snowden) revelations to further the anonymity-implies-something-to-hide meme you seek to promote.


During the 'stress tests, did you somehow manage to overlook Frap.doc & Co's constant, breathless declarations that the Bitcoin network was "overcapacity?"  (And thus Dooomed unless we Gavincoin ASAP, decentralization be damned.)

It's strange you would miss them, as the "overcapacity" question was/is far more pertinent/pressing than the concurrent pleasantly futile academic abstractions about decentralized angels dancing on 20MB pinheads.

All I ask is sauce for the goose be sauce for the gander.  IE:
Quote
Before we can talk intelligently about overcapacity:

Step 1: Define what the word means
Step 2: Establish that overcapacity is, in fact, undesirable, and why

I'm not sure why getting this simple point (requesting consistency in the insistence we define crypto-terms) across to you is like pulling teeth.   Undecided


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Monero
"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
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Buy XMR with fiat
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August 10, 2015, 06:19:14 AM
 #30040

0Your distrust in the marketplace of ideas is noted, so too is your reluctance to accept that truth will withstand scrutiny on its own merits as fallacy will fail on its lack of them.
I'm done rewarding your sophism for now.

You're conveniently ignoring the reality that reading, parsing, evaluating and responding to ideas requires an expenditure of scarce resources.

When people use sockpuppets, they can increase the resource expenditure of the people they are debating without increasing their own.

Debates involving anonymous parties is highly susceptible to denial of service attacks.

A person using anonymous sockpuppets can bombard the debate with multiple, contradictory positions in a way that they wouldn't be able to get away with if they had to attach the same identity to all their arguments.

It's a bullshit way to engage in a debate of this nature, and shows a profound disrespect for the positions they argue against, as well as insulting the intelligence of everyone involved by pretending that what they're doing isn't obvious.

You are free to use all the anonymous communication you want. You don't get to force people to pay attention to what you have to say.

If you're not willing to pay an accountability price for your arguments, then don't be surprised when other people are not willing to take on the cognitive burden of paying attention to them.
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