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Topic: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell - page 23. (Read 46265 times)

sr. member
Activity: 532
Merit: 251

The Facts that a US Money order is now Cheaper to send and possibly faster, is beyond his ability to process.

You don't understand bitcoin.  Cheaper and faster?  Nothing is cheaper and faster in regard to sending large amounts of value and especially it is valuable because some people don't accept US money orders. 
sr. member
Activity: 532
Merit: 251


Yeah the one with you talking to yourself and unable to make any substantive rebuttal to my points.

Goodbye useless smart idiot.
You made a point that Nash doesn't believe his own argument and you linked to a paper you were citing that doesn't actually exist.
legendary
Activity: 1092
Merit: 1000
echo chamber.

Yeah the one with you talking to yourself and unable to make any substantive rebuttal to my points.

Goodbye useless smart idiot.


@iamnotback,

Reason won't get thru to traincarswreck, he worships BTC as a religion.
BTC can do no wrong in his eyes.

The Facts that a US Money order is now Cheaper to send and possibly faster, is beyond his ability to process.

BTC officially sucks,

$ .60 fee to send BTC, this is on top of a $2 cost to convert from FIAT to BTC.

So now the Minimum Cost to send $20 of BTC is $2.60  .

That is a 13% fee of the total amount.

It is now cheaper to send money by using a Money Order than BTC, and with the large # of unconfirmed transactions,
mailing a money order may be faster.


BTC is Now Slower than the US Postal Service, Tongue


 Cool

FYI:
BTC Devs better learn what Priced out of the Market means.
sr. member
Activity: 336
Merit: 265
echo chamber.

Yeah the one with you talking to yourself and unable to make any substantive rebuttal to my points.

Goodbye useless smart idiot.
sr. member
Activity: 532
Merit: 251
alex.btc

i love your open minded opinion.




Yes Alex!
I have been following your posts, the first one was read out on Crypt0's youtube channel, was great so far you have articulated everything I have been think about this debate perfectly.

So spot on sir. I sit here with my popcorn doffing my cap to you.

echo chamber.
sr. member
Activity: 532
Merit: 251
@traincarswreck wants us to be enslaved in a private world central bank, whether he realizes it or not...

4. Even Nash admitted that the ideal money concept was unworkable in the real world.

Get off my lawn pompous useless idiot. Take your academic nonsense back to MIT, Cornell, or what ever troglodytic trove of misinformation you hail from and tell them to shove up their dumb asses. If you have a detailed argument to make, then make it. Stop obfuscating. You are wasting precious time.

So your argument versus Nash's 20 years of writing and lectures about how Ideal Money could brought about, is that he didn't actually believe it could be brought about? Where is your source for this silly silly silly assertion?

And your secondary point is I am an idiot?
newbie
Activity: 6
Merit: 0


http://68.media.tumblr.com/tumblr_m571uudsz71rv5j9yo1_500.gif
Yes Alex!
I have been following your posts, the first one was read out on Crypt0's youtube channel, was great so far you have articulated everything I have been think about this debate perfectly.

So spot on sir. I sit here with my popcorn doffing my cap to you.
sr. member
Activity: 336
Merit: 265
@traincarswreck wants us to be enslaved in a private world central bank, whether he realizes it or not...

Hayek's theory is complete nonsense. He doesn't seem to understand the nature of money at all.

1. The value of money is based on public confidence, not Hayek's theory of perfect free market information. Humans are acting more like herd w.r.t. money (and speculation as well). He got that wrong, so that already shows he is a complete idiot when it comes to money. Other greats have commented on this such as Milton Friedman:

https://mises.org/library/hayeks-plan-private-money
https://en.wikipedia.org/wiki/The_Denationalization_of_Money#Criticism

2. Hayek's theory stands in opposition to the fact that the public desires a common unit-of-account, because exchange risks add costs and are a derivative contract not money. Additionally what is being proposed for Bitcoin's off chain banking is not even what Hayek proposed. Instead what will happen is users will think they are getting BTC when in fact they are being lied to and being given private banking IOUs (thus not the free market perfect information that Hayek assumes). When the bank runs come, then the public clamors for bailouts. The banksters step into the power vacuum and eventually we end up with a world private central bank, i.e. the NWO World Bank. It is quite obvious that this Bitcoin off chain banking plan (aka Lightning Networks) is a plan of the banksters who leech off humanity (no more!).

3. As @CoinCube and I have discussed many times (his research example came from evolutionary biology) that systems with too many degrees-of-freedom lose information and diverge. That is why there is a power vacuum and that is why there must be a power-law distribution in nature.

4. Even Nash admitted that the ideal money concept was unworkable in the real world.


Get off my lawn pompous useless idiot. Take your academic nonsense back to MIT, Cornell, or what ever troglodytic trove of misinformation you hail from and tell them to shove up their dumb asses. If you have a detailed argument to make, then make it. Stop obfuscating. You are wasting precious time.
sr. member
Activity: 532
Merit: 251


Quote
Quote
**sipa commented Mar 18, 2017**
Bitcoin Core's maintainers do not, and do not want to, decide what the network's rules are. If there is widespread agreement about a change, it will be merged.

**gmaxwell commented Mar 27, 2017**
trolling like this is exhausting. Submitting broken code that doesn't even pass its own self-tests and would totally break the network, over and over again... is just a waste of everyone's time. It's not funny, people are working here.

Just look at the audacity of Greg and Pieter blatantly lying like that, it's as if they don't even know they're on the internet and whatever bullshit they spew will stay for eternity.
There is no lie in this quote.

Look at the current 52428 Unconfirmed Transactions in the mempool:
https://blockchain.info/unconfirmed-transactions
The system is working perfect as designed.

Quote
Think about the problem Bitcoin users in the real world are actually facing, no, stop looking at that Blockstream pay check, stop dreaming about future stock options, get back to reality for one second and think about what we, Bitcoin users, are actually facing, right now, at this very moment.
No. If the users controlled bitcoins fate it would crash instantly that's why no one is listening to you, because no one that matters cares about your uneducated emotionally driven opinion is.

Quote
Then take your time, sleep over it, and decide your next move wisely, while you still have a choice in this matter.
Greg has been trying to explain to you, he doesn't control bitcoin, no person does, its the first thing you need to learn about bitcoin. He can't fix your problem even if he wanted to.  But he doesn't, none of the active devs do, because its an insignificant problem.
legendary
Activity: 4410
Merit: 4788
alex.btc

i love your open minded opinion.

to address one point about the satoshi quote
Quote
with no trusted third party.

gmaxwell and blockstream(core) view it as meaning.. no third party trust because there should only be a single party.. blockstream who everyone should trust as first party. and everyone else is second party.. with no third party to equal out the playing field

and thats the issue.. they twist context and logic to fit their plan
newbie
Activity: 42
Merit: 0

You can't make this stuff up, Greg is at it again:
Update consensus.h #10092
Do you guys need assistance updating that block size? #10028

Quote
**sipa commented Mar 18, 2017**
Bitcoin Core's maintainers do not, and do not want to, decide what the network's rules are. If there is widespread agreement about a change, it will be merged.

**gmaxwell commented Mar 27, 2017**
trolling like this is exhausting. Submitting broken code that doesn't even pass its own self-tests and would totally break the network, over and over again... is just a waste of everyone's time. It's not funny, people are working here.

I can see why some people would consider my previous peaceful advice to Greg a 'rant': They haven't seen me rant before. For hours I've been reloading the blockchain stats waiting for my coin dump to go through, then I saw Greg talking to people like there is a stick up his ass again. Obviously giving advice here doesn't work, so here is my real rant, no, this is not constructive, this is just an angry Bitcoin user speaking his mind:

Just look at the audacity of Greg and Pieter blatantly lying like that, it's as if they don't even know they're on the internet and whatever bullshit they spew will stay there for eternity.

50,000 lines of overly complex hard fork equivalent bloated piece of shit got merged using dirty tactics, while simple 1 liner code change that could solve actual problem for everyone got blocked instantly.

All Hyena did was trying to help Core change the block size limit from 1M to 4M, and a pull request is really just a suggestion, but they immediately locked the request, blocked others from replying, then accused Hyena of being a troll trying to break the Bitcoin network.

Greg, seriously, are you fucking kidding me? Do you even understand Bitcoin? Do you even know Bitcoin is having a transaction jam right now? Satoshi wanted to increase the block size a long time ago at block 115,000, we're now at block 459,000, that is 344,000 blocks late, at 10 minutes per block that is 3,440,000 minutes late, so we are already 6.5 years late on increasing that limit.

As of this moment the mempool has 52,400 unconfirmed transactions, at average 1800 tx per block, it will take 30 blocks just to clear the backlog, 30 blocks x 10 minutes per block = 300 minutes = 5 hours.

So 5 hours just to clear this jam even if there are no more new transactions, which there are, arriving at over 3 per second.

You say 'people are working here', but just wtf are you guys actually doing? What is so god damn difficult changing just one line of code to remove the jam?

And that arrogance, fuck me, it's as if everyone at Blockstream, not being able to solve simple problems, somehow think they are all smarter than Satoshi. Seriously, just go back to http://nakamotoinstitute.org/ and read the first line:
Quote
Satoshi: I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party."

See that bold part Greg? That's right, developers ARE the third party, Satoshi didn't trust developers and he didn't fucking trust you.

So print that quote, stick it on your monitor, read it over and over again every morning until that simple message gets through your head, then, slowly and carefully, step off that imaginary pedestal and stop pretending to be the fucking embodiment of Bitcoin itself.

You guys weren't even there until 4 years after Satoshi was gone, and you guys wasted 2 years but still haven't solved the simple transaction jam problem everyone else saw coming, over 6 years ago.

Regarding what you call your 'work', that 50,000 lines bloated sad excuse of a SegFukWit you've been shoving up everybody's ass. Look, I support side chain developments so I am going to give you guys some slack here, I am going to assume you guys are the best coders that have ever existed, your code is always flawless right from the get-go and the FukWit is the fucking panacea that can move coins while curing cancer.

But, after reading your code, I found a big problem, that FukWit of yours is so complex it actually changed the entire transaction mechanism, so it requires everyone else to rewrite their clients and APIs to support it, that means it'll take months if not years for everyone else to adapt and sort through THEIR bugs.

We are in a transaction jam right now, not a year later, it IS happening to millions of Bitcoin users, people were trying to help you solve this real problem, but instead of thanking them, you insulted them, so what's going on? Are you telling me we have to give you another year to sit on your ass, just because Satoshi vanished and some fucking late comer funded by AXA kicked Gavin out and took the Bitcoin code base hostage?

Greg, I know they own you so I never expected much from you, but the miners already compromised on FukWit in 2016 and then you guys lied and broke the agreement. Now I have to wait hours to dump my coins and your stall tactics, messiah complex and that air of cockiness really irritates me. You've been slowing everyone down and now you're flat out insulting people who is just offering to help, seriously, just who the hell do you think you are? This is not an online game, you're playing with real people's real investment here. Why do you even call yourself a developer anyway? You're standing on shoulders of giants, your job depends entirely on Satoshi's work, so get the fuck off that high horse and stop acting like you're better than Satoshi, nobody is buying it. If you are so fucking good then build your own damn coin and stop fucking around with other people's invention that have already proven to work and people was already using without your 'help'.

For your homework, read this again:
http://nakamotoinstitute.org/

Grasp the basic concept of you, a Bitcoin developer, is only one of the many UNTRUSTED THIRD PARTY using the blockchain.
 
Then read what Satoshi said in 2010 about increasing the blocksize limit:
Quote
https://bitcointalksearch.org/topic/m.15366
Quote from: satoshi on October 04, 2010, 07:48:40 PM
It can be phased in, like:

if (blocknumber > 115000) maxblocksize = largerlimit
 
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
 
When we're near the cutoff block number, I can put an alert to old versions  to make sure they know they have to upgrade.

And know that we are now 6.5 years late on increasing such limit.

Know that Satoshi added the limit of 1M in 2010 because the average blocksize at the time was less than 1k, and he wanted to prevent people from spamming something a thousand times larger, that 1M limit was never supposed to be permanent and it was supposed to be increased 6.5 years ago, when you lock the limit at 1M today, you're not fighting BU, XT or miners, you're fighting against common sense and everyone who is actually using Bitcoin, and no, increasing the limit won't kill the network like you boss told you it would, that was just the lubricant Blockstream put on your fingers to shove FukWit up millions of people's ass, sideways, simultaneously.

Once you understand the actual problem, put FukWit down, wash your fingers then start looking at the 52,400 unconfirmed transactions currently stuck inside the mempool:
https://blockchain.info/unconfirmed-transactions

Start thinking about the problem Bitcoin users in the real world are actually facing, no, stop looking at the Blockstream paycheck, stop dreaming about future stock options and stop inventing bullshit scenarios to justify your existence, just get back to reality for one second and think about what we, Bitcoin users, are actually facing, right now, at this very moment.

Then take your time, sleep on it, and decide your next move wisely, while you still have a choice in this matter.
sr. member
Activity: 532
Merit: 251

science is solving problems. you only cite people who make theories.
thats not science. thats story telling.

bitcoin solved a problem and your trying to use theories to counter bitcoins solutions.
You still aren't making an argument that is scientifically based. And yes its completely accepted practice to make arguments based on other objective and well-reasoned arguments, this the foundation of science reason and logic that you deny.

Will you make an argument based on accepted economic theory? If you its just your opinion and sentiments from an ignorant standpoint
legendary
Activity: 4410
Merit: 4788
science is solving problems. you only cite people who make theories.
thats not science. thats story telling.

bitcoin solved a problem and your trying to use theories to counter bitcoins solutions.
sr. member
Activity: 532
Merit: 251

 He has this weird nash fetish that gets old pretty quickly.  
I cited Nash Hayek Szabo Finney and Smith all in line with my argument for bitcoin as a settlement layer.

Quote
but hey if they want to keep bumping the thread, there's a lot of great shit here people should read, like Alex's post was pretty epic.  got upvoted at r/btc

This thread has nothing in it but a bunch of people unable to respond when they are asked to show how their arguments are grounded in scientific reason.  Every poster in r/btc is a person that is unable to understand bitcoin because they don't understand what science is.  So each person from that faction has an argument that is not founded in any accepted theory.

VERY few of the vocal proponents of BU from r/btc dare to enter this thread for that reason, and for the reason that Ver doesn't control the moderation on this forum.  

And it is for these reasons that linking to threads on bitcointalk.org in r/btc will never a successful endeavor for the r/btc and Ver brigade crowd.

I will always be there to simply ask you to cite your references, and none of you have ANY because your argument is based on FUD and not reason, and most of you don't know that reasoned arguments exist.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
ok trainwreck has meandered this topic enough

GMAXWLL: if core want to resolve things.. there are 2 options

Maxwell clearly is not longer participating in this thread which means you are derailing the actual discussion that IS taking place.

topic title is not about nash or ideal money.



 He has this weird nash fetish that gets old pretty quickly.  but hey if they want to keep bumping the thread, there's a lot of great shit here people should read, like Alex's post was pretty epic.  got upvoted at r/btc
sr. member
Activity: 532
Merit: 251
funny part is your blockstreamist views cant pidgeon hole me into any band camp.

your lack of bitcoin understanding limits how much technical detail you can add..
you can spend 40+ pages waving nashes papers in peoples faces. but that has nothing to do with bitcoin.

if you understood bitcoin you wouldnt even b playing the racist chinese games either.

there are deeper things going on that you dont understand. real statistics you fail to grasp because you prefer th reddit group sheeple midset to agree with and preach your nashian utopia on.

lastly if you understood consensus and bitcoin you would realise the debate is not core vs BU.
 there are many implementations based on dynamics. but there is only one blockstream
Nothing you said here is a valid argument based on logic or science, its just ad homineny fluff that denies and ignores (and pokes fun at) how logical arguments are formed.  You have a conspiracy based attitude based on the human nature of fearing what we don't understand.

You have made claims and assertions about my understanding of the technical aspects and I challenge to prove this and prove that you understand the technical to any extent that any active bitcoin developer would back you up on.

When someone cites their argument on other well respected and founded arguments it only shows your ignorance to try to call negative attention to it-as if citations and quotes are a bad thing.   You deny the entire foundation for how science works. You deny science, and fear those that uphold it.
legendary
Activity: 4410
Merit: 4788
funny part is your blockstreamist views cant pidgeon hole me into any band camp.

your lack of bitcoin understanding limits how much technical detail you can add..
you can spend 40+ pages waving nashes papers in peoples faces. but that has nothing to do with bitcoin.

if you understood bitcoin you wouldnt even b playing the racist chinese games either.

there are deeper things going on that you dont understand. real statistics you fail to grasp because you prefer th reddit group sheeple midset to agree with and preach your nashian utopia on.

lastly if you understood consensus and bitcoin you would realise the debate is not core vs BU.
 there are many implementations based on dynamics. but there is only one blockstream
sr. member
Activity: 532
Merit: 251
ok trainwreck has meandered this topic enough

GMAXWLL: if core want to resolve things.. there are 2 options

Maxwell clearly is not longer participating in this thread which means you are derailing the actual discussion that IS taking place.

topic title is not about nash or ideal money.

If I understand you then its fair game to address people who aren't participating and with unfounded assertions...but I am not allowed to refute arguments and baseless claims with scientifically based arguments and facts that involve citing other intelligent well known and respected economic thinkers? Seems like BU and r/btc logic and rules right here from you.  Good thing Ver doesn't control this forum huh?
legendary
Activity: 4410
Merit: 4788
ok trainwreck has meandered this topic enough

GMAXWLL: if core want to resolve things.. there are 2 options

Maxwell clearly is not longer participating in this thread which means you are derailing the actual discussion that IS taking place.

topic title is not about nash or ideal money.
sr. member
Activity: 532
Merit: 251
ok trainwreck has meandered this topic enough

GMAXWLL: if core want to resolve things.. there are 2 options

Maxwell clearly is not longer participating in this thread which means you are derailing the actual discussion that IS taking place.
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