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122 sats \ 1 reply \ @siggy47 3 Aug 2023
You know the old saying: "There's no such thing as bad publicity."
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40 sats \ 0 replies \ @k00b 3 Aug 2023
We had always had a hard time making people aware of rewards. 😂
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10 sats \ 1 reply \ @WeAreAllSatoshi 3 Aug 2023
I don’t get rewarded for shit nowadays so no chance this would have happened to me lol I used to get rewards with the old method, new one has yet to happen.
But damn 20M sats is a lot to take
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0 sats \ 0 replies \ @k00b 3 Aug 2023
We need to rework rewards. We've been experimenting with it and watching it and it's definitely not distributing evenly enough.
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1 sat \ 17 replies \ @asdasd123sadasd2 3 Aug 2023
he should keep them, if you adhere to bitcoin philosophy you need to keep in mind that transactions are irreversible and mistakes are costly - devs: move slower and test your code
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50 sats \ 3 replies \ @SimpleStacker 3 Aug 2023
Disagree. He should return it. Bitcoin is a tool, it does not supersede natural law of DO NOT STEAL. Simplest example: if you find a wallet on the ground you should return it to its rightful owner. This should be true regardless of bitcoin or fiat.
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0 sats \ 2 replies \ @asdasd123sadasd2 3 Aug 2023
next step: we need a central authority to control funds and reverse transactions
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10 sats \ 1 reply \ @kepford 3 Aug 2023
True bitcoiners are against central authorities. You are straw manning this dude. There are MANY ways to handle theft in a free society. Central authority is not one of them.
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0 sats \ 0 replies \ @asdasd123sadasd2 3 Aug 2023
well you will need to id people to be able to handle it then
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0 sats \ 1 reply \ @kepford 3 Aug 2023
Returning funds obtained by accident is about integrity not irreversibly. Your logic is flawed. This is like comparing taxes to charity. If this individual's integrity is worth so little I am sad for them. They are the true loser. I would not trust this person with anything. They will do the wrong thing at the first chance they get.
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0 sats \ 0 replies \ @asdasd123sadasd2 3 Aug 2023
well this forum is anonymous so you wouldn't know, unless you start requiring id's to join
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0 sats \ 7 replies \ @elvismercury 3 Aug 2023
Or we could say instead that for some things, you really do need the system to operate with only the assurances it technically provides; and for other things, you shouldn't be a raging asshole in the community you're theoretically a part of.
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0 sats \ 6 replies \ @asdasd123sadasd2 3 Aug 2023
we are trying to adopt a trustless system, so if you made a mistake and the part that received the funds is adversarial you should take the loss - you can appeal to “community”, guilt or whatever you like, but there is nothing you can do to enforce a refund
“move fast and break things” works for fiat, not for bitcoin
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0 sats \ 5 replies \ @elvismercury 3 Aug 2023
The system and technical affordances of btc are distinct from the norms and values of the SN community, or the moral principles that individuals should aspire to.
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0 sats \ 4 replies \ @asdasd123sadasd2 3 Aug 2023
so you are advocating trust
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1111 sats \ 3 replies \ @elvismercury 3 Aug 2023
Btc is a system of money. A community is a bunch of relationships. Just because the mechanics of how btc works doesn't allow the money to be clawed back doesn't mean that, as a member of the community, you shouldn't behave like a decent human being. It is two separate issues and value systems.
Btc is not an excuse to be a dick just because sometimes there are fewer consequences for doing so. Is this really such a foreign idea?
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50 sats \ 0 replies \ @kepford 3 Aug 2023
Exactly, well said.
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0 sats \ 1 reply \ @asdasd123sadasd2 3 Aug 2023
it’s not foreign, it’s delusional - the dude that took the sats with him disagrees with your “community” assumptions
this is a news site, with open comments, and random actors
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0 sats \ 0 replies \ @elvismercury 3 Aug 2023
I guess it is what we make it. I hope more people think like me than you.
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0 sats \ 2 replies \ @kakocuro 3 Aug 2023
as much as you are right, this kind of philosophy will not get Bitcoin adopted into normal population. They need customer support and the security blanket that someone else is there to help them if they make a mistake :).
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10 sats \ 1 reply \ @SpaceHodler 3 Aug 2023
But they're not gonna get that, unless they trust a custodian, who will inevitably rug them one day.
They will face the beautiful truth: that you only have two choices:
- Individual freedom and responsibility (two sides of the same (Bit)coin)
- No responsibility, being a slave and staying poor.
Choice 1 is a new development, courtesy of Satoshi. Virtuous, principled people waited for thousands of years for it to become an option, and now their long wait can be rewarded.
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0 sats \ 0 replies \ @kakocuro 3 Aug 2023
Well, people trust banks now, right? Why do you think that behavior is going to change?
And if we assume that all custodians are out there to rug them, then it will never succeed. Of course, humanity is fucked anyway, so at the end of the day, it does not really matter ;).
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0 sats \ 4 replies \ @BITC0IN 3 Aug 2023
it's hard being a custodian, especially of a barer asset with final settlement in less then a second.
incentivizing users to custody their funds may be an option to reduce the impact of future exploits (ie introduce radioactive decay of sats balances)
as for the exploitee, I think it would be fair for them to keep half as a bounty and return the other half in good faith.
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1 sat \ 3 replies \ @k00b 3 Aug 2023
They can keep whatever their conscience allows for all I care.
Decay of balance is interesting.
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0 sats \ 2 replies \ @SimpleStacker 3 Aug 2023
As a user, I would not like this. I like to be able to go away for a few months with my balance remaining unchanged and not having to worry about withdrawing.
But the issue of being a custodian is interesting. Have you looked at what the law says about it? I imagine that if SN gets big enough it starts to have some legal obligations holding other people's assets
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0 sats \ 1 reply \ @k00b 3 Aug 2023
Yeah I agree. The ultimate move is to require adding an external wallet over a certain amount so that we can push sats to it if you go over a reasonable limit.
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0 sats \ 0 replies \ @BITC0IN 4 Aug 2023
I mean, a decay rate of 1 sat per month + a notification of this is enough to educate people, which is the main goal.
be cheeky with it, have fun.
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0 sats \ 0 replies \ @k00b 3 Aug 2023
We finally made it on nobs.
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