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0 sats \ 1 reply \ @cyphercosmo 11h \ parent \ on: Paul Sztorc on Activating Drivechains via CUSF (Bitcoin Takeover S15 E68) bitcoin
of course, it has nothing to do with them wanting to play satoshi and eventually disappear with people's money lmao
Lightning sucks, doesn't scale to 8 billion people. Is terribly and overly designed with game theory that does not work.
Recent bugs and revelations about these bugs lead to persecution from the community, so the lightning dev culture is broken and waiting to lose A LOT of peoples money.
Some shitcoins might have value, only time will tell, all plants need fertilizer.
the one attitude that is guaranteed to fail over time is the toxic maximalist
who represent an species over specialization (think dodo's) sensitive to heretofore unseen ecological changes
For example, if quantum computing is actually being used right now and has been for years by and against secret agencies, we the public would be the last to know. Meaning all our bitcoin was vulnerable this whole time.
This is what happens in a centralized dictatorship, it over specializes and collapses on its weak points.
If however bitcoin had been more pluralistic, embraced big/dynamic blocks and other changes, or at a minimum BIP 300/1 such that core could remain the same but allow for opt-in experimentation, all the shitcoin development and some few actual technologicaly interesting advancements such as zk-proofs would have happend on Bitcoin (a good thing because shitcoins are, remember, fertilizer) including perhaps tokenized experiments in Quatum resistance.
ALL while paying bitcoin fees and supporting the network.
The market would have rewarded those who chose to invest in those experiments.
But no. Because Bitcoin maxi's are communists we are all at risk of unseen black swans at the same time.
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