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Adrian X
Economics is not about things and tangible material objects; it is about people, their meanings and actions. Ludwig von Mises.
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Adrian X 2h
Replying to @digitsu
Value is all that matters if you don't like my values I have others. People need to want bitcoin because it is a means to an end. Storing data like on the blockchain is a waste. Modern data storage is fine without a blockchain. Digital porn, an invoice they are just 1&0's
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Adrian X 2h
Replying to @ergophobe @ChrisPacia
The picture says all that needs saying ;-)
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Adrian X 2h
Replying to @digitsu @zquestz and 3 others
It's just perspective, not myopia. Needs are more important than wants. We need sound money to reverse the accelerating wealth inequality and environmental destruction. We want to be able to store porn on the blockchain for free.
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Adrian X 2h
Replying to @ChrisPacia @modz0815
Mining centralization pressure what is that? Please explain this mechanism. Also please show me the data that illistrates CTOR makes block propagation more efficent.
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Adrian X 2h
Replying to @modz0815 @ChrisPacia
I will buy as many as they can produce :0 I have the knowledge, it's a Proof of Work. Bitcoin mining will decentralize and centralize simultaneously but only if we allow businesses to develop on top of it without changing it all the time.
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Adrian X 2h
Replying to @ChrisPacia @modz0815
CTOR was some developers wet dream, They just wanted to show how clever they were. CTOR was nothing without bitcoin. Deploying it illustrated how incompetent the ABC developers are at creating value.
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Adrian X 2h
Replying to @modz0815 @ChrisPacia
I've already solved the problem, It's propagating bitcoin with an incentive to redistribute 5% of the remaining bitcoin to approximately 14% of people. Satoshi just needs to get out the way. We need to lock the protocol so I can get on with building after I filed my taxes.
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Adrian X 14h
Replying to @ChrisPacia
Sure, Bitcoin is messed up. There is irony in CSW's claim, but he's put his PoW where his mouth is and said he's keeping the fundamental foundation "set in stone" which allows businesses to build on top of it. Centralized control of the other bitcoin's broke that.
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Adrian X 14h
Replying to @ChrisPacia
Innovations are innovations. Who claimed to invest them does not undermine the innovation or warrant your attention, the ideas remains unaffected.
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Adrian X 14h
Replying to @BTC_de_Blog
It's ridiculous, I can't actually believe what some people I though were smart get hung up on discussing people over ideas. Nothing changes when one claims to be Satoshi. Something changes when you sign an address with loads of bitcoin and that's it.
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Adrian X 14h
If we all agree on the check point we can just call that the new genesis block. Personalty I think it's a mistake to allow the money network to store random data (ie. have money do work in the economy) The money should maintain the integrate of the money, not the whims of users.
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Adrian X 14h
Replying to @ChrisPacia
Satoshi could be as important as the person who who invented the wheal. It doesn't relay matter who came up with the idea for the wheal or who started using it first. Talking about people who claim to invent the wheal or bitcoin brings this quote to mind.
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Adrian X Feb 19
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Adrian X Feb 19
Everything is connected. I'm not smart enough to know definitively what problems are actually problems. Just smart enough to know where to spend my efforts. Things that discourage use/adoption & cooperation are destructive, destruction isn't all bad it's necessary for evolution.
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Adrian X Feb 19
Replying to @dgenr818 @sat_disc
In many cases, Edison was just the face. Bitcoin the network has no inventor. It's a social phenomenon. Bitcoin, the initial code is significant, it's like the wheel, useful when no one owns the idea and everyone uses it.
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Adrian X Feb 18
I don't know if it works, it's frustrating, but it's a reality. Creative people will accept reality and find a way to win while mitigating risk. I like creative people, we can all learn to be more creative when we accept what is.
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Adrian X Feb 18
I can't see it myself, it seems counter-intuitive. But when I look objectively, 80% of all coins exist on all 3 Bitcoin chains. I think adoption is <0.1% so then how does one distribute the 80% to 99.9% when the 0.1% are holding? SV has managed to achieve this.
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Adrian X Feb 18
So then as you've explained, Mining for profit is not a costly signal, the opposite could just reflect a lack of understanding when it comes to making a profitable mining business, or it could also be a costly signal.
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Adrian X Feb 18
Replying to @nic__carter
We don't need to agree on what it is. Those who understand it leverage it to create more wealth and value for the others.
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Adrian X Feb 18
The BCH community is alive and healthy too, its Achilles heel is its governance problem. ABC creates an unstable foundation on which to create value. I'm feeling positive towards BSV, But its not without its ecosystem problems too.
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