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36 sats \ 0 replies \ @Artilektt 9 Dec \ on: Bitcoin Is Venice And Academic Economics econ
This is the common view among Austrian School type economists.
171 sats \ 2 replies \ @Artilektt 26 Nov \ parent \ on: The part of Bitcoin you *have* to trust bitcoin
I mean...there is kind of some real evidence right, as Satoshi pointed out. They've basically given up on doing anything about torrenting and despite many attacks the Pirate Bay remains active to this day. Every once in awhile some big outfit gets busted but it doesn't affect anything.
The only upside with bitcoin's price collapsing is that the tiresome treasury play is done for. That's worth celebrating.
I also think the treasury play is over extended but is it fair to call a rather common (in BTC land) 30-something-% pullback a "price collapse" and is that enough to truly wreck them? BTC price may recover quickly.
The problem for some of us is we very publicly proselytized for Bitcoin in the early days and people remember.
Coffeezilla generally does good investigations. He did a pretty deep dive on Logan Paul's Cryptozoo scam and got himself sued for it.
As South Park said of Kathleen Kennedy, "Put a chick in it and make it lame and gay!"
When did this become about CSAM? nobody was talking about this for the last year. It's all been utxo bloat and making it hard for node runners. The CSAM stuff is a complete red herring.
I don't believe it's a red herring at all. I've always been worried about the ability/ease of putting CSAM on the blockchain as an obvious government attack vector.
Right but in the thread don't they touch on the fact that not many are likely to move to OP_RETURN because it will still be cheaper to do it the other way.
I was wondering too if OP's observation could also be explained by an unwelcome centralization of mining as I think your post suggests?