Gavin, the NSA and XT... - page 2. | Bitcointalksearch.org

meono

full member

Activity: 196

Merit: 100

Quote from: Dissonance on August 18, 2015, 11:32:53 AM

Quote from: meono on August 18, 2015, 11:12:12 AM

Quote from: Lauda on August 18, 2015, 11:02:31 AM

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

You dont have to trust anyone because this is not your president election.

How many times do i have to repeat this so your brain can digest?

If the fork happens, its because the economic majority's decision. Bitcoin is governed by economic incentives. Or else we would not have bitcoin today.

If you're not happy with the way bitcoin goes, you can switch to any altcoins as you pleased.

I urge any noobs to remember, what is Bitcoin's "intrinsic" value ?

Hint: there is no such thing as intrinsic value of bitcoin!

Intrinsic value is a buzz word that nobody seems to understand. People say gold has intrinsic value because it can be used for things but does anyone beleive that if everyone in the world decided to stop using gold except for industrial purposes that its current price would still be supported. ofcourse not because the price of gold would crash to almost nothing. Intrisic value doesn't save you from price declines.All instrinsic value means is the asset's value won't goto 0 because it has a use.

With bitcoin the instrinsic value is again its use case. If people use bitcoin to transact it has value just like paper currency has value because people transact with it. The backing of a government does not create the value of currency its the adoption by the public. If you don;t believe me look at the zimbabwe dollar for proof of a government backed currency that has no value because its citizens did not transact in it.

Ding ding ding! and when the economic majority speaks up , open your ears wide open!

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: mikewirth on August 18, 2015, 10:56:05 AM

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

trollmaster

Slark

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Activity: 1862

Merit: 1004

Quote from: Lauda on August 18, 2015, 11:02:31 AM

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

I really wish Satoshi is back now. I think his opinion would end this discussion about XT vs Core once and for all.
I liked Satoshi's deistic approach before, but in times of crisis and when you need to chose democracy is not that good.
And the only thing I trust is Bitcoin Price - and this bullshit debate is taking its toll on it.

Dissonance

full member

Activity: 167

Merit: 100

Quote from: meono on August 18, 2015, 11:12:12 AM

Quote from: Lauda on August 18, 2015, 11:02:31 AM

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

You dont have to trust anyone because this is not your president election.

How many times do i have to repeat this so your brain can digest?

If the fork happens, its because the economic majority's decision. Bitcoin is governed by economic incentives. Or else we would not have bitcoin today.

If you're not happy with the way bitcoin goes, you can switch to any altcoins as you pleased.

I urge any noobs to remember, what is Bitcoin's "intrinsic" value ?

Hint: there is no such thing as intrinsic value of bitcoin!

Intrinsic value is a buzz word that nobody seems to understand. People say gold has intrinsic value because it can be used for things but does anyone beleive that if everyone in the world decided to stop using gold except for industrial purposes that its current price would still be supported. ofcourse not because the price of gold would crash to almost nothing. Intrisic value doesn't save you from price declines.All instrinsic value means is the asset's value won't goto 0 because it has a use.

With bitcoin the instrinsic value is again its use case. If people use bitcoin to transact it has value just like paper currency has value because people transact with it. The backing of a government does not create the value of currency its the adoption by the public. If you don;t believe me look at the zimbabwe dollar for proof of a government backed currency that has no value because its citizens did not transact in it.

meono

full member

Activity: 196

Merit: 100

Quote from: Lauda on August 18, 2015, 11:02:31 AM

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

You dont have to trust anyone because this is not your president election.

How many times do i have to repeat this so your brain can digest?

If the fork happens, its because the economic majority's decision. Bitcoin is governed by economic incentives. Or else we would not have bitcoin today.

If you're not happy with the way bitcoin goes, you can switch to any altcoins as you pleased.

I urge any noobs to remember, what is Bitcoin's "intrinsic" value ?

Hint: there is no such thing as intrinsic value of bitcoin!

Dissonance

full member

Activity: 167

Merit: 100

Quote from: mikewirth on August 18, 2015, 11:01:08 AM

Quote from: meono on August 18, 2015, 10:59:06 AM

Quote from: mikewirth on August 18, 2015, 10:56:05 AM

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

Excellent way to show the word the IQ sample of bitcoin XT bashers.

Thanks for proving my point.

You can't deny Gavin has warmed up to these G men guys before. If you think the NSA is not good at doing operations undetected, then you don't understand their work. I think XT = NSA

XT is open sourced, it really doesn't matter who did the coding. It also doesn't matter is gavin warms up to the G man or is one himself. The protocol stays the same.

RustyNomad

sr. member

Activity: 336

Merit: 251

Quote from: Lauda on August 18, 2015, 11:02:31 AM

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

And that is the major problem. We should not have to place our trust in anybody when it comes to bitcoin or at least that is how I feel about it. The main thing about bitcoin which convinced me to get involved in the first place was the fact that you could be your own bank and the fact that it operated in a trustless and decentralised manner.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Well this is just a theory, but there is nothing wrong with discussing it (I will not comment it though).

The block size debate is about taking over control. It's about either putting the trust into the hands of the Core developers or Gavin and Hearn. The question is who do you trust?

Update: I was referring to lead development roles. I was not talking about the trust-less system that Bitcoin is.

Quote from: quakefiend420 on August 18, 2015, 12:26:08 PM

At this point I'm pretty sure this runs even deeper than the NSA. Aliens are trying to take over Bitcoin! Yes, that's right. Illegal immigrants. Taking over Bitcoin. Shifty fuckers, I always knew we couldn't trust them...

Do you need a tin foil hat with that?

forevernoob

hero member

Activity: 687

Merit: 500

Quote from: meono on August 18, 2015, 10:59:06 AM

Quote from: mikewirth on August 18, 2015, 10:56:05 AM

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

Excellent way to show the word the IQ sample of bitcoin XT bashers.

Thanks for proving my point.

What is your response to the criticism that Mike is anti-privacy?

mikewirth

sr. member

Activity: 532

Merit: 250

Quote from: meono on August 18, 2015, 10:59:06 AM

Quote from: mikewirth on August 18, 2015, 10:56:05 AM

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

Excellent way to show the word the IQ sample of bitcoin XT bashers.

Thanks for proving my point.

You can't deny Gavin has warmed up to these G men guys before. If you think the NSA is not good at doing operations undetected, then you don't understand their work. I think XT = NSA

meono

full member

Activity: 196

Merit: 100

Quote from: mikewirth on August 18, 2015, 10:56:05 AM

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

Excellent way to show the world the IQ sample of bitcoin XT bashers.

Thanks for proving my point.

mikewirth

sr. member

Activity: 532

Merit: 250

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT? Maybe this is their way of getting the core devs who can't be 'turned' out of the way. Mike has been in favor of 'blacklisting' - another tool popular with NSA. I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags. Maybe that is what this blocksize thing is really about.

Topic: Gavin, the NSA and XT... - page 2. (Read 1755 times)