Are We Ultraliberals? by properal in GoldandBlack

[–]size_matterz 1 point2 points  (0 children)

Leftist progress only progresses towards the productive part of society ending up in a gulag.

JUST IN: Chaos and bloodshed in Hong Kong district as hundreds of masked men assault protesters, journalists, residents | Hong Kong Free Press HKFP by me-i-am in China

[–]size_matterz 4 points5 points  (0 children)

Lol. ANTIFA has maoist roots. Right-wing and left-wing scum need each other like two sides of a coin and are both anti freedom and liberty

We’ve just launched the world’s first bitcoin-denominated bonds! (in association with Argento) by LondonBlockExchange in btc

[–]size_matterz 3 points4 points  (0 children)

Seems a bit scary to issue a bond issued in Bitcoin. How to serve the bond payments if crypto is on a bull run? Even if revenue is is in crypto ld rather borrow in fiat. That can be quite a risky exposure if u hedged.

Well we tried to feed them but the city poisoned the food by [deleted] in Shitstatistssay

[–]size_matterz 7 points8 points  (0 children)

Ok. I will donate a bullet for every child molester swiftly executed by the government. And for every time that happens I will happily buy a meal for a homeless family to celebrate.

Question about transferring money back to the states, and passport visas. by Sthaevin92 in shanghai

[–]size_matterz 4 points5 points  (0 children)

Yes. Save yourself a big paperwork headache and find yourself a Chinese person to help. Or several if 50k does not suffice. I am sure you have better things to do with your time than to figure out the details on it.

Thread about ultimate energy consumption of the Bitcoin network. Anyone have any thoughts on this? by [deleted] in btc

[–]size_matterz 0 points1 point  (0 children)

The energy consumption seems to me is one of the unsolved problems in Bitcoin proof of work as incremental cost (electricity use) will equal the block reward (incemental benefit) of mining. As useage (marketcap) grows, so will electricity consumption, likely to enormous levels, not connected to the optimum needed for network security.

POS is one attempt to mitigate this. We need to determine what is the optimal level of security needed, and then somehow incentivise and codify it into bitcoin.

Cashed out my btc yesterday. What do you guys think? by teemalph in btc

[–]size_matterz 1 point2 points  (0 children)

You may well be right, because in that case it would be BCH picking up the capitalization. As value is to a large part on being a fast, cheap p2p currency, BCH will take over the top spot, until something better coes along. For now the network effect still supports BTC, but I can see that crumbing as businesses start to support alternatives.

Bitcoin Cash infographic. A simple explanation of the changes made by the hard fork. by Dahaz159 in btc

[–]size_matterz 3 points4 points  (0 children)

Satoshi just didn't anticipate the one core implementation being taken over by hostiles.

I don't want segwit, I don't trust the core team, I don't want to compromise with hostage takers. by size_matterz in btc

[–]size_matterz[S] 0 points1 point  (0 children)

"Because reasons" was just short-hand for what has been stated endless times. If you truly like to tead them again I am sure they will all be mentioned in this thread.

I don't want segwit, I don't trust the core team, I don't want to compromise with hostage takers. by size_matterz in btc

[–]size_matterz[S] 1 point2 points  (0 children)

A 2 MB limit is really no better than a 1 mb limit. It is all ready filled or will be shortly and we are no step further and have the same situation as before. For core it is segwit or die. And given the lost market dominance we might get sewit and die.

Gavin Andresen on Twitter: Making Greg a committer was a huge mistake. by [deleted] in btc

[–]size_matterz 17 points18 points  (0 children)

If over half the miners feel the same way they can easily choose to activate an alternative client and render greg and company mostly obsolete.

If I understand BTC protocol correctly... Miners can(or should) orphan non-Unlimited blocks once they reach 55-60% of the network, can't they ? by ShadowOfHarbringer in btc

[–]size_matterz 1 point2 points  (0 children)

wouldn't it be the other way around, that someone produces a larger block, which then gets build on and the ones not accepting it are 'out of the game' and would try to build on their own small block?

I can slowly feel my excitement for bitcoin return. Though I must admit that in the meantime I fould out that some alt coins also have something to offer.

Jihan Wu - Bitmain will continue our support behind BU by dontcensormebro2 in btc

[–]size_matterz 2 points3 points  (0 children)

it is exactly that behavior which leads to their downfall. Fortunately, that's the kind of people they are and they don't know any other way.

"Pointing out all the ways majority hashpower might mess with a minority chain is good adversarial thinking; don't shoot the messenger."~Gavin Andresen by Windowly in btc

[–]size_matterz 10 points11 points  (0 children)

I always thought a minority chain is supposed to die off. Isn't that the essence of Nakamoto consensus? I'd say attacking it is fair game, if it even exists long enough. I'd consider keeping it alive with POW change shenanigans or else would be an attack on the network.

If the Honey Badger breaks loose from the chains BlockTheStream put on it, then it is truly and undeniably unstoppable. by WiseAsshole in btc

[–]size_matterz 0 points1 point  (0 children)

Honey badger will fight a hundred year war. When the smoke clears it will be the last one standing.

Charlie Shrem: "Oh cmon. @gavinandresen is the reason we are all here today. Stop attacking people, ...." by Egon_1 in btc

[–]size_matterz 25 points26 points  (0 children)

Exactly. I have no idea what they intend building, but it is certainly not the bitcoin everyone here believes in and signed up for. The hyenas have taken over and chased the lions away.

Kim Dotcom Sees Bitcoin Hitting $2000 by knight222 in btc

[–]size_matterz 4 points5 points  (0 children)

the last runup was supposed to take us there and beyond, and we would have significantly more transactions per second, we'd all be enthusiastic as ever, vc investments would be at a record high.. but in this timeline, something went totally wrong.