636 sats \ 4 replies \ @ek 16 May 2023 \ on: When Pitchforks and Torches? bitcoin
At some point we are going to have to do something about them, because they aren't going to just stand by while the structure they've been building is dismantled and replaced by one where they are powerless.
Yes, they won't but I don't see how they can fight us without highlighting the point of bitcoin and thus strengthening our cause.
Does anyone else have the feeling that just about everything that's been happening since Bitcoin made it's debut on the NYSE has been an attack on Bitcoin? Even COVID-19? Even Ukraine/Russia?
No, not really. Sorry, that sounds too conspirational for me. Doesn't mean it's wrong though; I just don't know. Regarding stuff like this, I tend to agree with the following quote:
Never attribute to malice that which is adequately explained by stupidity.
-- Hanlon's razor
bring justice to them before they have a chance to hurt a huge number of people. What do you think?
You first haha
write
preview
100 sats \ 0 replies \ @userbob6 OP 17 May 2023
Thank you for the quote, it just sort of blew my mind.
reply
20 sats \ 2 replies \ @033daf6a55 16 May 2023
A small laser-based miner with a consumption of 2-3kWh, and a hashing rate of more than 2000ET/S will fix this. a question was posed to bitcoin.... what does it live for? Life can't survive without it?
reply
20 sats \ 1 reply \ @JesseJames 17 May 2023
that miner you speak of won't cut it, there is that "difficulty adjustment" thing going on :-) ... just saying...
reply
20 sats \ 0 replies \ @033daf6a55 17 May 2023
and he doesn't have to. it is a kind of trigger to slow down the progress of implementation. after recalculating the difficulty, it is disabled and the blocks will be 100-200 minutes) and so do every 2015 blocks) it's simple... or there will be a fork that will change the rate of difficulty change to 215 blocks) but that's another story...
reply