Charles, I don't think you sufficiently emphasized Bruce Fenton's points. You provided a link that seems lost in a sea of the mix of historical storytelling with a smidgen of your self-aggrandizing verbiage, so I doubt most readers even read what Bruce wrote.
Crypto is Not Politics
I keep reading arguments about how The Will of The People should decide. And how this is the only fair and equitable way. And I am here to say this is 100% retarded bullshit and any one who repeats it (and nonchalantly dismisses this!), is retarded.
What distinguishes the intention of Satoshi's block chain invention from the world we had before it, is that it eliminates politics. The technical reason is because due to the Nash equilibrium, then no one (not even mining nodes) have any fucking control.
If we destroy the Nash equilibrium with a 51% attack (aka fork) by not honoring the decentralized protocol, then we fall into a no-man's land of ambiguous interpretation and the brutality of the majority.
It is as simple as that. Either we choose to honor the code and protocol, or we go back to the depressing clusterfucked world we have before Satoshi.
Now the other problem is that BitCON is also becoming centralized because of economies-of-scale in mining. We haven't yet perfected Satoshi's invention. But that should not deter us from our ideals.
If you support forks, you violate everything Satoshi tried to do for the world.
No forks! No Blockstream forks either! Offer proof-of-burn if you want to propose new features on a new block chain, so that people are autonomous with their money.
And any arguments about empathy and intent in contract law are up against moral hazard which leads to the aforementioned clusterfuck of brutality. Don't reward retarded speculators for not doing due diligence and their derelict incapable developer idols, because they carry the mental affliction of those who want the clusterfucked world that existed prior to Satoshi's invention.
Crypto is Not Politics
I keep reading arguments about how The Will of The People should decide. And how this is the only fair and equitable way. And I am here to say this is 100% retarded bullshit and any one who repeats it (and nonchalantly dismisses this!), is retarded.
What distinguishes the intention of Satoshi's block chain invention from the world we had before it, is that it eliminates politics. The technical reason is because due to the Nash equilibrium, then no one (not even mining nodes) have any fucking control.
If we destroy the Nash equilibrium with a 51% attack (aka fork) by not honoring the decentralized protocol, then we fall into a no-man's land of ambiguous interpretation and the brutality of the majority.
It is as simple as that. Either we choose to honor the code and protocol, or we go back to the depressing clusterfucked world we have before Satoshi.
Now the other problem is that BitCON is also becoming centralized because of economies-of-scale in mining. We haven't yet perfected Satoshi's invention. But that should not deter us from our ideals.
If you support forks, you violate everything Satoshi tried to do for the world.
No forks! No Blockstream forks either! Offer proof-of-burn if you want to propose new features on a new block chain, so that people are autonomous with their money.
And any arguments about empathy and intent in contract law are up against moral hazard which leads to the aforementioned clusterfuck of brutality. Don't reward retarded speculators for not doing due diligence and their derelict incapable developer idols, because they carry the mental affliction of those who want the clusterfucked world that existed prior to Satoshi's invention.
Bookmarking for future reference.
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