Bitcoin thrives on adversity by Jimmy Song \ stacker news ~bitcoin

Bitcoin thrives on adversity by Jimmy Song jimmysong.substack.com/p/bitcoin-thrives-on-adversity-bitcoin

131 sats \ 12 comments \ @k00b 4 Jul 2021 bitcoin

22 sats \ 3 replies \ @spain 6 Jul 2021 freebie

If @k00b is really Jimmy Song, I will boost this (even more). Please write some confirmation on Twitter. Maybe use https://tweetnacl.js.org/ to prove yourself.

Yes, reading Jimmy's articles is very enlightening. I found Stacker News just thanks to him mentioning it…

0 sats \ 0 replies \ @Undisciplined 6 Jul

This comment was featured on This Day in Stacker News.

0 sats \ 1 reply \ @k00b OP 6 Jul 2021

I'm not Jimmy Song. I'm Keyan. Nice to meet you. :)

1 sat \ 0 replies \ @spain 7 Jul 2021 freebie

Hi Keyan! I am also human. See your Twitter for password and then read my name.

2 sats \ 1 reply \ @randomAustralian 5 Jul 2021 freebie

Hey Jimmy. I learnt about Stacker News from your newsletter, signed up with my lightning node and upvoted your post, all in a few minutes, and all without disclosing much about myself. The future is bright. The future is Bitcoin. -random Australian down under.

1 sat \ 0 replies \ @JohnShaunHoyes 11 Jul 2021 freebie

The more blocks that are mined, the more credibility the network has. Bounties can act as an IT security service for the network, thereby providing more opportunity to maintain and build upon this network credibility. If Bitcoin is going to become a world standard, then geopolitical issues must not be more than of secondary concern.

1 sat \ 1 reply \ @0268486dc4 5 Jul 2021 freebie

Lightning Lab's article on LN liquidity is worth a look for those new to running their own LN node.

0 sats \ 0 replies \ @Undisciplined 4 Jul

This post was featured on This Day in Stacker News.

0 sats \ 1 reply \ @k00b OP 5 Jul 2021

Stacker News is a Lighting-powered Hacker News-like site. The idea is that instead of votes that can easily be Sybil-attacked as they often are on Hacker News or Reddit, you can use Lightning to vote on news items. I have to say that I really like the site and given that it’s only 1 sat to boost any news item, it’s really cheap. The quality of posts there are much more technical than what you’d get from r/Bitcoin on Reddit, so it does seem like something is working. It’s also open-source, so anyone can clone and create their own version. The site is a great use of Lightning’s natural Sybil-resistance.

Dope. I hadn't articulated the Sybil resistance at all. I do hope the site stays predominantly technical. I suspect that'll be the case by keeping the Lightning user hurdle.

Twitter clearly owns the databases that hold their data. Users, on the other hand have clear ownership of what exactly? Their tweets? Their username? An account within Twitter is in some sense property, and so is perhaps the copyrights to the content, but it’s not at all clear to what is Twitter’s and what is the user’s.

I also hope to address some of these problems eventually too but it's tricky as the value of social media is centralizing discourse so that it can be easily discovered and ranked. How to provide the same benefits without centralization appears to be an open problem.

0 sats \ 0 replies \ @k00b OP 5 Jul 2021

Oops meant to reply in this thread #178