@Hannibal9972485 BitChat is an alternative to internet. its main premise is for when internet is down/ unreliable. also creates a free local network. Isn’t meant for people trying to avoid being traced lol.
There are so many stupid sayings in Bitcoin that teach people to be lazy and compliant. “Everything is good for Bitcoin.” “Bitcoin is inevitable.” “No one can change Bitcoin.” They all mean the same thing… relax. Do nothing. Bitcoin will protect itself.
That creates a “free-rider problem”. Everyone benefits if Bitcoin stays decentralized and censorship-resistant, but only the people who actually defend those properties pay the price: time, money, risk, public conflict, reputational attacks.
Everyone else waits, assuming they will get the protection either way.
Combine that with social engineering that makes dissent personally costly, anyone who challenges recognized authority is mocked, isolated and made socially radioactive, until even associating with them feels embarrassing to the weak minded and people begin policing the boundary themselves.
And then there are people who anthropomorphize - almost deify- Bitcoin, as if it has agency, a survival instinct and some supernatural ability to protect itself. If you’re excited about bitcoin and used to stupid arguments from fiat land it’s easy for the brain to do this.
Free-riding produces passivity. Social punishment makes it self-enforcing.
Meanwhile, defending Bitcoin is a diffuse interest. Exploiting it is concentrated, coordinated and highly profitable.
That is how a small organized minority defeats a large passive majority.
@cguida6@ninfixed6 So you blocked dave but the video title literally says “I talked to the attacker”. it’s not a sympathy post, i don’t know if you can sense it but dave’s intentions are NEUTRAL. i suppose this is your way of making a point.
@BitcoinMotorist@JWWeatherman_ People always said SHA256 was our only shot, but now we can just change the Mining algorithm? Kinda looks like maybe we have more than 2 shots at sound money!
@BitcoinMotorist@JWWeatherman_ I do believe the legal reality will hit when multiple CSAM and other illicit material is flowing freely, at that point, it’s fully cooked.
@BitcoinMotorist@JWWeatherman_ SHA256 Bitcoin isn’t inherently a shitcoin yet. it’s been captured but it hasn’t fundamentally been permanently broken. Miners can decentralise, the reference implementation can still be saved or a new implementation could still arise and take control of its social order.
@jyn_urso@RichLassiterMD I like that it’s not fighting for BTC Status. the longer XBT looks like a cheap shitcoin, the longer it has to build solid foundations. ;)
@ninfixed6@BTC_Prep Sweet take. it’s the soul of the network that matters, not the name or ticker. as long as one knows exactly which network he wants to interact with, that is all that matters.