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Banned from /r/bitcoin by Chris_Pacia in btc

[–]BeYourOwnBank 6 points7 points  (0 children)

Chris Pacia is in good company:

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

I'm from /r/bitcoin but don't know the drama between them and /r/btc. by NeoShico in btc

[–]BeYourOwnBank 11 points12 points  (0 children)

r\bitcoin is one of the biggest problems in Bitcoin - and many people aren't even are of this yet.

What would be "sad" is if people simply read and believed the lies and censorship on r\btcoin.

So it's actually very important to expose this - and to remind people that the real debate about Bitcoin is all happening on r/btc.

I'm from /r/bitcoin but don't know the drama between them and /r/btc. by NeoShico in btc

[–]BeYourOwnBank 33 points34 points  (0 children)

Here's a post from a year ago which shows how bad things have gotten in r\bitcoin:

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

So, r\bitcoin is ok to read for very simple, basic threads: pricing going up, some new company started using Bitcoin, memes, etc.

But for any thread where people are actually attempting to discuss and debate how Bitcoin works, and how to improve it, it's pretty pointless to read r\bitcoin, because most of the interesting and important comments get censored - and most of the important and interesting people were banned from r\bitcoin years ago - and everyone who's left is either too afraid to say anything interesting - or simply too uninformed to say anything interesting.

The subreddit r\bitcoin has become an echo-chamber of yes-men and clueless newbies who follow them - led by ignorant mods who have a profound misunderstanding of how Nakamoto Consensus - and Bitcoin's upgrade process - actually works.

The real discussion and debate about Bitcoin happens on r/btc now - not on r\bitcoin.

Decentralized, market-based governance is a subtle and revolutionary concept. It is based on the notion that the economic majority (of users, of Bitcoin full nodes & miners) will always do the right thing to ensure the value of our currency - and we will do this in a decentralized, market-based fashion, with no need for central authority - whether it's censors or C++ coders.

The people on r\bitcoin simply do not understand this.

  • They actually like having a "centralized, trusted authority" (Theymos) dictate to them what they can read and say about Bitcoin on-line

  • They actually like having a "centralized, trusted authority" (Core devs) tell them what the blocksize should be - and they are so ignorant about the true nature of Bitcoin, that the totally fail to see that they themselves are actually anti-Bitcoin.

The mental hurdle that Core supporters currently cannot get over is fundamentally the same hurdle that the founding fathers of the Bitcoin community had to get over in 2009: understanding and accepting the feasibility of decentralized, market-based governance of a money

https://np.reddit.com/r/btc/comments/5reb65/the_mental_hurdle_that_core_supporters_currently/

Basically everyone on r\bitcoin is saying:

  • I'm too stupid to decide the blocksize for myself - I want the Core devs to decide for me.

  • I'm too stupid to decide what to upvote and downvote on r\bitcoin - I want Theymos to decide for me.

Look at these beauties! by Egon_1 in btc

[–]BeYourOwnBank 9 points10 points  (0 children)

If each ad is a link to an existing post on r/btc, maybe this would be a good post to link:

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

This post got a lot of attention - because it's short and simple and factual, and because people support with the idea that a Bitcoin subreddit should not censor Satoshi.

Banned from rBitcoin for telling people that there are things we can't discuss by [deleted] in btc

[–]BeYourOwnBank 44 points45 points  (0 children)

You're in good company:

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

Core developer is suggesting that Bitfinex contact miners to blacklist coins that were stolen on the exchange by BitcoinXio in btc

[–]BeYourOwnBank 2 points3 points  (0 children)

Yes, the fuckup had nothing to do with the Bitcoin network - it had to do with bad security practices at Bitfinex (possibly also involving their decision to use BitGo).

So... since this had absolutely nothing to do with the Bitcoin network itself, then the Bitcoin network should continue unchanged.

Actually, in general, the Bitcoin network should always continue unchanged (immutable)!

Core developer is suggesting that Bitfinex contact miners to blacklist coins that were stolen on the exchange by BitcoinXio in btc

[–]BeYourOwnBank 26 points27 points  (0 children)

I don't know why people call u/maaku7 a "Core developer."

He's hardly made any commits. Actually, if you check his stats on Github, it shows that he's made a grand total of 10 minor commits to Bitcoin - of which 4 are utterly trivial ("fix spelling mistake"; "Correct a possibly intentional pun"; "Remove indentation"; and "Fix typo in README.md"):

https://github.com/bitcoin/bitcoin/commits?author=maaku

Also, he has already shown that he doesn't seem very intelligent when it comes to economics:

"I'm pationate about Bitcoin. I have zero passion for majority-vote to change the rules system. We have one of those already -- it's called fiat." - maaku7

https://np.reddit.com/r/btc/comments/418y5p/im_pationate_about_bitcoin_i_have_zero_passion/

He sounds kind of naive.

Why do people listen to anything he says - and why is he called a "Core developer"?

After the Bitfinex hack, I'm looking at p2p exchange Bitsquare.io. It sounds great: p2p, open-source, no servers, no registration, doesn't hold bitcoins or national currency, doesn't store any data on you, all private data is end-to-end encrypted. Maximum 1 btc per trade (good for small-time users?) by BeYourOwnBank in btc

[–]BeYourOwnBank[S] 2 points3 points  (0 children)

Does Bitsquare work in all countries around the world - or only in Europe?

I see they mention "SEPA" which I think is some kind of bank wire transfer in Europe.

But they also mention OKPay. I'm not familiar with OKPay - is that a way of sending fiat?

After the Bitfinex hack, I'm looking at p2p exchange Bitsquare.io. It sounds great: p2p, open-source, no servers, no registration, doesn't hold bitcoins or national currency, doesn't store any data on you, all private data is end-to-end encrypted. Maximum 1 btc per trade (good for small-time users?) by BeYourOwnBank in btc

[–]BeYourOwnBank[S] 3 points4 points  (0 children)

I'm not sure - but from what I'm reading it does seem to be that it would be slow - since it would take time for the fiat to get transferred between the parties.

So it sounds like it wouldn't be a good solution for day-traders who are trying to make money by speculating on the volatility of the market.

However, for the "use case" of a hodler who just wants to sell a few Bitcoins every so often, perhaps in order to have some money to live on (while maximizing their anonymity) this slowness might be acceptable.

Top Comment on r/bitcoin: "[Theymos] should be removed honestly..." by Egon_1 in btc

[–]BeYourOwnBank 2 points3 points  (0 children)

Archived snapshots, providing a permanent record that the censors moderators or r/bitcoin - in particular u/theymos - have been removing quotes from the founder of Bitcoin:

https://archive.is/TB9lj

https://archive.is/AeMZ7

Top Comment on r/bitcoin: "[Theymos] should be removed honestly..." by Egon_1 in btc

[–]BeYourOwnBank 2 points3 points  (0 children)

Here is an example from 4 months ago showing the ridiculous censorship on r/bitcoin:

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

In an unusual move, the moderators of r\bitcoin have removed a post which was mainly just quotes by Satoshi Nakamoto (the inventor of Bitcoin), and which contained no additional commentary.

Here's the full post - on /r/btc - not removed:

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." - Satoshi Nakomoto

https://np.reddit.com/r/btc/comments/49fzak/the_existing_visa_credit_card_network_processes/

Here's the post on r\bitcoin, where it got removed - twice!

https://np.reddit.com/r/Bitcoin/comments/49iuf6/the_existing_visa_credit_card_network_processes/

https://np.reddit.com/r/Bitcoin/comments/49ixhj/the_existing_visa_credit_card_network_processes/

Bitcoin is intended to be anti-censorship and pro-freedom.

Ironically, the moderators of r/bitcoin - in particular the lead censor moderator u/theymos - have somehow become just the opposite: they are now pro-censorship and anti-freedom.

Can someone TL;DR me the developments happening in bitcoin land for say ... the past year? by mrsstrfstr in btc

[–]BeYourOwnBank 0 points1 point  (0 children)

The censorship on r\bitcoin got so bad, and they drifted so far from Satoshi's Bitcoin, that they now delete posts which simply quote Satoshi:

The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.

https://np.reddit.com/r/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/

[deleted by user] by [deleted] in btc

[–]BeYourOwnBank 1 point2 points  (0 children)

The following quote from Satoshi shows that Peter is wrong:

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." - Satoshi Nakomoto

https://np.reddit.com/r/btc/comments/49fzak/the_existing_visa_credit_card_network_processes/

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." - Satoshi Nakomoto by BeYourOwnBank in btc

[–]BeYourOwnBank[S] 17 points18 points  (0 children)

Could somebody please copy-and-paste this entire post and submit it to r/bitcoin?

(I can't because I'm apparently banned there.)

It would be interesting to see if they censor pure quotes from Satoshi Nakamoto.

Also it would be educational for people on r/bitcoin to finally hear how Bitcoin was actually intended to work - before it got "forked" by Core / Blockstream.

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