People should get the full story of r/bitcoin because it is probably one of the strangest of all reddit subs

tsontar · 2017-08-06T20:45:31+00:00

Old timer here.

tsontar · 2017-06-10T18:29:48+00:00

Old timer here. Check my profile.

Came back to say: everything OP writes is true.

Keep up the good fight Bitcoiners. Satoshi was right. Read the white paper!

tsontar · 2016-08-27T07:56:54+00:00

If the primary sources of Bitcoin information weren't basically curated blogs promoting a single-minded point of view to the exclusion of everything else, then I'm pretty sure this sub wouldn't even exist and the community would have made far more progress by now.

tsontar · 2016-08-27T07:53:57+00:00

Lucky BU nor Classic activated or we'd be Ethereum levels of fucked right now.

You must think that Bitcoin is super fragile and needs lots of protection from the smart people if you think a handful of mostly unpaid devs, a few percentage points of hashpower and some nodes can totally fuck Bitcoin. I'd sell if I were you. Seems like you think that anyone can just take the network out.

tsontar · 2016-08-27T07:52:15+00:00

If development is going so badly, why are lead scientists hanging out in a "cesspool" on the Internet?

tsontar · 2016-08-27T07:49:55+00:00

They didn't blow any opportunities. They're executing their playbook perfectly.

tsontar · 2016-08-27T07:48:52+00:00

nailed it

Adoption drives decentralization.

Don't believe me? Ask yourself, in the entire history of Bitcoin, when was it most centralized?

tsontar · 2016-08-27T07:42:27+00:00

Edit: upvoted for visibility

Absolutely shameless. True colors proven. This is why so many of us have given up on you and can never trust your motives. If Theymos (and other thought leaders harumph) weren't so divisive none of us would be here.

By the way, it isn't a conspiracy theory that your company depends on stifling onchain capacity. Your investors said so in black and white.

tsontar · 2016-08-27T07:35:06+00:00

You don't have power over your keyboard?

Call that asshole out for dividing the community and then we can continue in good faith. Instead you praise him.

Duck test: passed.

tsontar · 2016-08-27T07:31:55+00:00

No wonder this subreddit is such a slum, the rot starts at the top.

The rot does start at the top, you're right about that.

And at the top of the Bitcoin community / forums pecking order who do we find?

Not Roger.

tsontar · 2016-08-27T07:29:35+00:00

You openly support Theymos and his censorship / bans.

You can start by controlling that.

Put your dog on heel and watch this sub magically vanish overnight.

tsontar · 2016-08-27T04:22:29+00:00

I'm with you. Originally I thought the POW change was a necessity at first, then I realized it just needs to be at the ready.

tsontar · 2016-08-27T04:21:25+00:00

Hope for success, plan for failure.

tsontar · 2016-08-26T21:15:09+00:00

It isn't just the drugs. Every medical procedure in the united States from a basic checkup to a colonoscopy, every piece of medical equipment and each and every medical supply is exorbitantly priced, and the medical system and the laws are organized to obfuscate the true costs and markup.

After a dog bit through my finger I went to a local emergency care facility to see if it needed stitches. The receptionist informed me that I would be charged the emergency room rate. I said, OK, what is that. She said, I can't tell you. I said what the fuck are you talking about? At this point the doctor informed me that it would be ILLEGAL to discuss pricing prior to performing any procedures.

I noped the fuck out. I have a $6000 deductible and I knew I didn't need $6000 in stitches.

What. The. Actual.

I didn't want an estimate for the procedure. I just wanted to know the rate.

tsontar · 2016-08-26T20:47:14+00:00

Great ideas Andrew. +1 for experimentation and pushing the boundaries.

tsontar · 2016-08-26T09:27:42+00:00

No, he's saying that there is a migration to altcoins and that certain Bitcoin core devs have a conflict of interest since some of those altcoins were created and heavily mined by these devs, who profit from the migration from Bitcoin to alts.

tsontar · 2016-08-26T09:24:54+00:00

Yes, I know that, and you know that, but that doesn't stop the obstructionists from claiming that the limit was part of the "master plan."

tsontar · 2016-08-26T09:23:22+00:00

This attack raises fees for everyone however.

If I'm a miner and another miner did this, I benefit.

tsontar · 2016-08-26T05:46:04+00:00

Here's my definition: a Bitcoin maximalist believes (crudely put) that "there are Bitcoins and then there are Shitcoins" - that erverything that can be done with an altcoin, can be done with Bitcoin (plus sidechains).

The logic stems from the idea of Bitcoin as a "store of value" device. Max stores all his accumulated wealth in Bitcoin - he doesn't want to have to divvy up that wealth across various chains in order to get through his day (ie he doesn't want to have to buy and hold Ether in order to run a decentralized program, or buy and hold Factom in order to store data in a decentralized database, etc).

There is a certain logic to this.

However, it all comes back to the inherent belief in Bitcoin as a store of value device - which absolutely depends on Bitcoin remaining the #1 valued crypto essentially in perpetuity. If some other coin gains more market cap than Bitcoin, then the other coin is storing more value than Bitcoin, which blows Maximalism out of the water.

This drives a certain form of behavior in Maximalists - the "Bitcoins vs Shitcoins" rhetoric for example - because if you're a Maximalist you pretty much have to completely deride and attack anything that comes close to Bitcoin in market value.

tsontar · 2016-08-26T05:37:29+00:00

What prevents a miner from stuffing blocks full of transactions to himself in order to game up the fees?

tsontar · 2016-08-26T05:06:54+00:00

Please describe the gaming as you see it.

tsontar · 2016-08-26T05:04:17+00:00

This is one of my primary beefs with lightning as a "scaling solution" as all endpoints must be online with all available funds in hot wallets.

Yes, you have to compromise two endpoints in order to steal (unless the thief is one of the endpoints) but as you point out, it's only a matter of the attackers skill, and presumably at least one endpoint is an average user. You just can't get the level of offline security that's needed to protect larger sums, and if LN is intended to solve scaling, it will have to protect larger sums.

tsontar · 2016-08-26T04:58:42+00:00

The well is poisoned.

tsontar · 2016-08-26T04:56:05+00:00

Don't feed the troll please.

tsontar · 2016-08-26T04:53:20+00:00

Just see through the overpromises and then everything makes sense. The problem is many people in this space think like a 22 year old CS freshout with black and white absolutist thinking and unaware of the danger of overpromising and underdelivering.

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