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Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 38. (Read 378991 times)

hero member
Activity: 546
Merit: 500
A straw man argument, ad hominem and a case of false equivalence. Whether I am right or wrong I would hope that most Bitcoiners would not be swayed by such primitive and obviously false arguments. I support BIP101 because I think this proposal would maximize decentralization and financial freedom over the long run more compared to the alternatives.
legendary
Activity: 2674
Merit: 3000
Terminated.
BIP101 will continue to live on as long as people still believe in it.
Unicorns will continue to live on as long as people still believe in them. Good argument indeed.

That was also true months ago, so little has changed. And to be fair, for "major players", read "major banking industry subversives/captives".
This is more than correct.


Update:
A straw man argument, ad hominem and a case of false equivalence.
Based on your argumentation with "straw men" "false dichotomies" whatever, "gold governance" exists as well.  Cheesy
You were so close. Unfortunately he has become quite deluded and does not even know what a real fallacy is anymore. Old and predictable nonsense as always.
legendary
Activity: 3430
Merit: 3080
It seems like some major players within the Bitcoin space now also support BIP101 so this is certainly far from done.

That was also true months ago, so little has changed. And to be fair, for "major players", read "major banking industry subversives/captives".

I challenge you to get real Bitcoiners to use Gavin Andresen's non-fungible alt-coin if a fork took place: why would a Bitcoin user be interested in something that's planned to become fiat 2.0?
hero member
Activity: 546
Merit: 500
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
No. That is never going to happen. Just keep mining with what you're used to.
I wonder why you didn't close this thread yet? XT is done, thus there is no need to discuss it.
BIP101 will continue to live on as long as people still believe in it. It can not die in the same way that Bitcoin can not die, so long as there are people that still believe in it, it will live on, it is the power of ideas. I am running several XT nodes myself, so my experience is a counterfactual to your declaration. It seems like some major players within the Bitcoin space now also support BIP101 so this is certainly far from done.
legendary
Activity: 2674
Merit: 3000
Terminated.
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
No. That is never going to happen. Just keep mining with what you're used to.

I wonder why you didn't close this thread yet? XT is done, thus there is no need to discuss it.
hero member
Activity: 546
Merit: 500
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
If you want to support BIP101 support it now, if you do not then don't. If you are only concerned with being on the biggest chain wait and see what the other miners and the economic majority will do come January. If you are mining on BIP101 however there is no danger of being on the smaller chain since BIP101 will only activate with a mining majority anyway. Furthermore I presume that with the hash power that you have you are mining with a pool? If that is the case it is the pool that decides which code is being run, unless you are mining with a pool like Slush which gives miners the choice which implementation to support.

Yes, Mining with a pool I just switched from Slush to eligius.st this morning. So if there is no risk because the pool I'm on now handles things I really don't care one way or another... I'm thinking of just using Multibit HD for my hot wallet anyways, and it looks like they'll handle the change for me.

Thanks for the response.
It is a pleasure, eligius.st is also a good pool. One word of warning though if the majority of the network does fork to BIP101 then you might still be mining on the smaller chain, since eligius is run by lukejr who is a fanatical supporter of small blocks and I suspect will continue to do so regardless of the economic majority. Slush on the other hand will follow the economic majority if BIP101 does fork the network.

Multibit also has my recommendation it is a reliable and well respected wallet. Impressive mining operation you have there, I hope to build my operation up to 1PH one day. Smiley
newbie
Activity: 30
Merit: 0
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
If you want to support BIP101 support it now, if you do not then don't. If you are only concerned with being on the biggest chain wait and see what the other miners and the economic majority will do come January. If you are mining on BIP101 however there is no danger of being on the smaller chain since BIP101 will only activate with a mining majority anyway. Furthermore I presume that with the hash power that you have you are mining with a pool? If that is the case it is the pool that decides which code is being run, unless you are mining with a pool like Slush which gives miners the choice which implementation to support.

Yes, Mining with a pool I just switched from Slush to eligius.st this morning. So if there is no risk because the pool I'm on now handles things I really don't care one way or another... I'm thinking of just using Multibit HD for my hot wallet anyways, and it looks like they'll handle the change for me.

Thanks for the response.
hero member
Activity: 546
Merit: 500
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
If you want to support BIP101 support it now, if you do not then don't. If you are only concerned with being on the biggest chain wait and see what the other miners and the economic majority will do come January. If you are mining on BIP101 however there is no danger of being on the smaller chain since BIP101 will only activate with a mining majority anyway. Furthermore I presume that with the hash power that you have you are mining with a pool? If that is the case it is the pool that decides which code is being run, unless you are mining with a pool like Slush which gives miners the choice which implementation to support.
newbie
Activity: 30
Merit: 0
Are we supposed to be using BitCoinXT yet? I forgot when we are supposed to change, I'm lazy and haven't moved over or read about it.. I just don't want my 1 PH/s farm to abruptly work on the wrong chain.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Am I the only one feeling strong urges to puke everytime this politician muppet shows up with his endless verbiage.

Cypherpunks write code.

That is why you are so powerless and ineffective in your attempt to overthrow Core's oversight of the protocol.

All you've got going for you is braindead articles of federation while Core is busy churning out code.

If you desire to be part of you so-called "governance" process then first run a node & second get busy contributing to the open-source repo or STFU.

Github or go home.

hero member
Activity: 546
Merit: 500
Bitcoin governance is important exactly for the reasons of ensuring that the network is not governed by anyone. If you ignore politics it will end up biting you in the ass.

Quote
Governance refers to "all processes of governing, whether undertaken by a government, market or network, whether over a family, tribe, formal or informal organization or territory and whether through laws, norms, power or language."
This is a good definition of governance, Bitcoin does definitely fit within this definition perfectly. After all it is a computer network with laws, that can be changed by the economic majority. Here is one of my basic descriptions of Bitcoin governance:

Consensus is an emergent property which flows from the will of the economic majority. Proof of work is the best way to measure this consensus. The pools act as proxy for the miners, pools behave in a similar way to representatives within a representative democracy. Then in turn the miners act as a proxy for the economic majority. Since the miners are incentivized to follow the economic majority. In effect the economic majority rules Bitcoin, in other words the market rules Bitcoin. Bitcoin relies on the economic self-interest of the masses to govern consensus.

Quote from: Vinay Gupta
It is extremely important to understand that these problems have been analyzed before. Until the Bitcoin community admits that they have political problems rather then technical problems they are trapped.
sr. member
Activity: 471
Merit: 250
BTC trader
you can spout your propaganda as much as you like but at the end of the day the Bitcoin Core developers are writing node software for the 5000+ people running node software .... not for anyone else, by definition.

Anyone else who feels like they are part of the "bitcoin community" by running bitcoinJ on their phones or web wallet with Coinbase should talk to their software providers if they want to have anything changed (fee market handling and speedy confirmations are features that come to mind). "Bitcoin community governance" is a made-up myth, you are either running a node and you have node resource concerns, so will run the software most appropriate to solve those, or you are essentially an onlooker, maybe even wearing a beer-can cap, but still a bystander.
Denying the very existence of Bitcoin governance is not helping your case. After all there are decisions that need to be made, and there are differing opinions on what path to take. It is the question of who decides? I suppose you would argue that Core should decide for us, or that somehow they decide yet that is not a form of governance? Everything is political, whether you like it or not. As Socrates once wisely said, human beings are political animals.

This thread refuses to die in the same way that BIP101 refuses to die. Smiley

Quote
Governance refers to "all processes of governing, whether undertaken by a government, market or network, whether over a family, tribe, formal or informal organization or territory and whether through laws, norms, power or language."

Bitcoin = p2p network implementing a currency

"Bitcoin governance" only makes sense to you because you are a misguided political scientist with no computer engineering skills nor basic economic skills. Go ahead and shout your intelectual "ad hominem" "straw man" "false dichotomy" bla bla. "Bitcoin governance" doesn't make sense.

Bitcoin is a currency and should not be "governed" by anyone. If it comes to this, then it has failed.

Based on your argumentation with "straw men" "false dichotomies" whatever, "gold governance" exists as well.  Cheesy

It would be wise for you to stop the propaganda and go do something useful. Fighting those marxists writing neverending theories would be a suggestion, since they use similar techniques as you do.

BIP101 is dead. Long live Bitcoin!  Grin
hero member
Activity: 546
Merit: 500
you can spout your propaganda as much as you like but at the end of the day the Bitcoin Core developers are writing node software for the 5000+ people running node software .... not for anyone else, by definition.

Anyone else who feels like they are part of the "bitcoin community" by running bitcoinJ on their phones or web wallet with Coinbase should talk to their software providers if they want to have anything changed (fee market handling and speedy confirmations are features that come to mind). "Bitcoin community governance" is a made-up myth, you are either running a node and you have node resource concerns, so will run the software most appropriate to solve those, or you are essentially an onlooker, maybe even wearing a beer-can cap, but still a bystander.
Denying the very existence of Bitcoin governance is not helping your case. After all there are decisions that need to be made, and there are differing opinions on what path to take. It is the question of who decides? I suppose you would argue that Core should decide for us, or that somehow they decide yet that is not a form of governance? Everything is political, whether you like it or not. As Socrates once wisely stated, human beings are political animals.

This thread refuses to die in the same way that BIP101 refuses to die. Smiley

BIP101 is dead. It is only your perverted necromancy that seems determined to parade and dance with the corpse.

There is no governance except in your demented mind. Nodes run whatever software they like and that decision will be decidedly apolitical.

Take your politics back to Washington, they have no power and are not welcomed here.
People run nodes, and people might have political reasons for doing so, I certainly do after all.

Bitcoin should not and cannot be divorced from pre-existing political theory.

https://www.youtube.com/watch?v=YaaknMDbQGc
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
you can spout your propaganda as much as you like but at the end of the day the Bitcoin Core developers are writing node software for the 5000+ people running node software .... not for anyone else, by definition.

Anyone else who feels like they are part of the "bitcoin community" by running bitcoinJ on their phones or web wallet with Coinbase should talk to their software providers if they want to have anything changed (fee market handling and speedy confirmations are features that come to mind). "Bitcoin community governance" is a made-up myth, you are either running a node and you have node resource concerns, so will run the software most appropriate to solve those, or you are essentially an onlooker, maybe even wearing a beer-can cap, but still a bystander.
Denying the very existence of Bitcoin governance is not helping your case. After all there are decisions that need to be made, and there are differing opinions on what path to take. It is the question of who decides? I suppose you would argue that Core should decide for us, or that somehow they decide yet that is not a form of governance? Everything is political, whether you like it or not. As Socrates once wisely stated, human beings are political animals.

This thread refuses to die in the same way that BIP101 refuses to die. Smiley

BIP101 is dead. It is only your perverted necromancy that seems determined to parade and dance with the corpse.

There is no governance except in your demented mind. Nodes run whatever software they like and that decision will be decidedly apolitical.

Take your politics back to Washington, they have no power and are not welcomed here.
hero member
Activity: 546
Merit: 500
you can spout your propaganda as much as you like but at the end of the day the Bitcoin Core developers are writing node software for the 5000+ people running node software .... not for anyone else, by definition.

Anyone else who feels like they are part of the "bitcoin community" by running bitcoinJ on their phones or web wallet with Coinbase should talk to their software providers if they want to have anything changed (fee market handling and speedy confirmations are features that come to mind). "Bitcoin community governance" is a made-up myth, you are either running a node and you have node resource concerns, so will run the software most appropriate to solve those, or you are essentially an onlooker, maybe even wearing a beer-can cap, but still a bystander.
Denying the very existence of Bitcoin governance is not helping your case. After all there are decisions that need to be made, and there are differing opinions on what path to take. It is the question of who decides? I suppose you would argue that Core should decide for us, or that somehow they decide yet that is not a form of governance? Everything is political, whether you like it or not. As Socrates once wisely said, human beings are political animals.

This thread refuses to die in the same way that BIP101 refuses to die. Smiley
legendary
Activity: 1386
Merit: 1009
This thread never dies.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
you can spout your propaganda as much as you like but at the end of the day the Bitcoin Core developers are writing node software for the 5000+ people running node software .... not for anyone else, by definition.

Anyone else who feels like they are part of the "bitcoin community" by running bitcoinJ on their phones or web wallet with Coinbase should talk to their software providers if they want to have anything changed (fee market handling and speedy confirmations are features that come to mind). "Bitcoin community governance" is a made-up myth, you are either running a node and you have node resource concerns, so will run the software most appropriate to solve those, or you are essentially an onlooker, maybe even wearing a beer-can cap, but still a bystander.
hero member
Activity: 546
Merit: 500
I prefer their understanding of free market economics and Bitcoin governance specifically. In contrast I am strongly opposed to the governance model that Core is presently advocating, I consider it to be totalitarian in nature.

And what is their understanding of how bitcoin should be governed?

Mike said Bitcoin core needs one person at the top a 'benovelent dictator' who should be Gavin. Thats what he intends for XT.

... but only after core dies which he said needs to happen.

Coinbase also want Gavin as benevolent dictator to head bitcoin development  (not one implementation but the whole protocol), thats what they said (paraphrasing).

You like that view on governance? You consider that view less totalitarian in nature?


Thanks but no thanks.

I prefer cores open, inclusive, cautious if maybe slower approach. It has worked very well so far and Bitcoin has been improving, and growing very well under that model.
You are arguing a straw man here and you are creating a false dichotomy. I am not saying that we should choose between one dictatorship or another in the form of a single client implementation. I am arguing that the way it should work is that we have multiple client implementations that people are free to choice from. Having an election with only one option is not really an election at all is it, that would be the very definition of totalitarianism. Furthermore I can also argue that Bitcoin's Unlimited internal governance mechanism will be superior to both XT and Core.

http://www.bitcoinunlimited.info/articlesOfFederation
sr. member
Activity: 392
Merit: 250
Doing Garzik's 102, possibly followed by SegWit after a year of vetting and testing... you'd have taken 80% of the wind out of the XT'ers sails. There is a population out there that wants a conservative increase soon vs 800% + guessing at the next 20 years (this population may include nearly all major mining pools).
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
I prefer their understanding of free market economics and Bitcoin governance specifically.

"bitcoin governance" is a myth concept that has been generated by the MIT media lab as a divisive issue. The term was not in circulation until Brian Forde began pumping the "bitcoin governance" propaganda soon after taking up his role after leaving the Obama Whitehouse.

https://medium.com/mit-media-lab-digital-currency-initiative/launching-a-digital-currency-initiative-238fc678aba2

http://news.mit.edu/2015/brian-forde-media-lab-director-digital-currency-0415

... go figure, government guys want to "govern". Github or go home.
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