Topic: ToominCoin aka "Bitcoin_Classic" #R3KT - page 85. (Read 157137 times)

But there are other implementations, like libbitcoin I believe, that aren't altcoins, and are net positives for the Bitcoin ecosystem. Isn't that right?

Competing implementations of Bitcoin, such as Litecoin and Primecoin, are called altcoins because they establish their own independent alternative socioeconomic consensuses/majorities.

Hostile implementations of Bitcoin, such as XT and Classic, are declarations of war because they attempt to threaten Bitcoin's existing consensus-critical distributed ledger.

Instead of flashy rhetoric you should concentrate on the fact that competing implementations is healthy; but the ones that threaten to break protocol are dangerous. That's what sold me.

The classic r3kt party is winding down, so we're left scraping the bottom of the barrel for new material (ie, something else substantive to say).

The great thing about shrinknut's zinger was its context and phrasing, not the admittedly petty content.

iCEBREAKER, surely there is better fodder for the classic r3kt party?

When people make fun of petty crap like that it gives the impression that there is nothing substantive to say.

I think it's best the weird personal attacks to others: As the Irish proverb says, "Never wrestle with a pig. You'll both get dirty, but the pig will like it."

Shots fired!   

Bitcoin is not freedom, there are rules..

Bitcoin is trust. Or trustlessness for that matter.

So whatever blockstream or anyone says, in Bitcoin I trust.

I think that Bitcoin is freedom, as long as enough people think this way, it will continue to be free.

Bitcoin is a form of democracy even though some people will try and convince you that it is not, what does that tell you?

err, im not going to argue more, bitcoin IS NOT a democracy, by any form, type, or shape.

Miners and all of us are basically lucky slaves.

But do what you do, the more people argue, the more resilient bitcoin will be.

I suppose we bought into different monetary systems then, since my understanding going into it was different. I think that Bitcoin relies on the economic self-interest of the masses to govern consensus. I actually perceive Bitcoin as being the evolution of governance. Voluntary and decentralized non geographically bound governance, the evolution of the modern democracy if you will into something better and superior.

Bitcoin's governance mechanism is a form of democracy, not a democracy in the way that we know today. It is very different, I think better. However there are very democratic aspects to it, like reflecting the will of the economic majority. Which is not that dissimilar to reflecting the will of the people, which is what democracies are supposed to do in theory at least.

Bitcoin is interesting as a form of democracy, because it is different to modern state democracies in that it places positive incentives on a select group of people who essentially vote in the interests of the economic majority, almost the opposite of how modern state democracies work, since our representatives in modern state democracies often have perverse incentives acting upon them. Which is what makes decentralized proof of work blockchains arguably a superior form of governance.

Lovely analogy

Coinbase vital for bitcoin!

Ha that's the best joke I've heard in a while. Do you mean Coinbase is vital for the US Government to control & monitor bitcoin?

Coinbase, a peon who for some reason refuses to obey it's master,, won't be around for long my friend. Mark my words.

And the master is noone else who pushes this Classic nonsense, and dumps coin after every Classic refusal.

Pressing the stress test button, on the other hand, may or may not work. The very people who need the capability to locate the needles, are making the haystack larger.

I appreciate your more reflexive attitude, but what we all think is of no importance consensus wise as I've demonstrated.

If anything, it will only harden the state of Bitcoin's status quo.

So we do what we do as politicized simpletons and turn in circles, argue and throw shit at each other whilst meanwhile Bitcoin does its thing.

 

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And that's the beauty of it. That is what brings bitcoin its value. That is the apolitical, antifragile and disruptive monetary system we all bought into.

That is what is making the banksters and all powers that wannabe mad about.

Sure, im not, but still they arent either...

In fact we all arent, and even the internet isnt.  

You are not vital for Bitcoin. Coinbase is.

You are right, that is the one exception, if lets say the cryptography was broken for instance, to switch the cryptography if that happened would be the type of change that could gain consensus. Any other changes though would be impossible to implement with true consensus. Segwit is a good example of this, it only takes a few people to disagree for "true" consensus to be lost.

I personally do think that transaction cost and reliability on the first layer are critical for Bitcoin to remain the dominant cryptocurrency, this can only be preserved with a blocksize increase. I suppose this is the type of "mainstream" change that you do not think is vital I presume.

Dont worry, shifting consensus will likely be reached if bitcoin's very existence would directly be threaten, as in security wise for example.

But coinbase or other mainstream matters are not vital for bitcoin. Sorry (for their loss).

If that is your conception of consensus then I can agree with that. What consensus means as a governance model in the literal sense of the word is that essentially any changes become impossible. If changes require true consensus then change becomes completely impossible since there will always be a few people that disagree, regardless. Not how I perceive the governance of Bitcoin but if that is how you perceive it then I can at least respect the consistence of your believes.

Yea yea here we go again with the political philosophy..

In the end you expressed yourselves switching to Classic xt or whatever... such freedom.

We all agree not to agree, sounds lika consensus to me.