The issue is that all of that data still winds up in Bitcoin. Op return isn’t even the cheapest place to put it, it’s just historically the least harmful place to put it (that’s why it exists).
All of this fork discussion is basically a debate about which bucket to put spam into, since there isn’t a proposal on the table to materially reduce spam or materially increase the cost of the cheapest method to spam.
That’s why I didn’t bother to talk about it over the past year. And I’d see tweets regularly tagging me asking why I’m not talking about it, people claiming it’s the biggest thing and I’m not talking about it (it’s not the biggest thing. I had little reason to talk about a fork with low consensus that doesn’t materially reduce spam.) I have people emailing asking me if Bitcoin is going to die if a fork that just mildly re-arranges where spam goes doesn’t pass (because they somehow think it stops spam, and its leading proponents have called spam an emergency in need of a rapid fix).
Then I’m asked about it on a podcast. So I explained that it’s not an emergency, the fork doesn’t materially stop spam, it comes with some trade-offs, bitcoin is fine, it’s always worth exploring ways to optimize bitcoin for the future, etc.
Then I get dozens of replies from fork proponents asking if I’m compromised, why do I like spam, why don’t I want to stop spam, etc. Most of them (not all) have playground-grade ad hominems attached as well. It’s mostly not their fault though; they’ve been whipped into a frenzy by people saying if they don’t pass this fork then bitcoin dies.
I support people trying to fork if they want to. Bitcoin needs market tests once in a while. But if people ask me my opinion about this fork’s technical merits, the marketing around it, or its probability of becoming consensus, I’ll give my opinion.
@daniel21btc
Richtig gute Bildung weitertreiben:
- Erklären statt überzeugen
- Fakten vor Meinungen
- demütig aufklären
- Neugier wecken
- Humor statt Arroganz wählen
Was noch nicht genannt wurde, das Thema "Emotionen" am Markt beleuchten. Das Gespräch zwischen Niko und @JohannesDecker4 in Nikos Podcast fand ich dazu gut.
Tribalism
History shows us that these mega-identities don't erase tribalism, they just create larger tribes.
The "Narcissism of Small Differences": the more two groups resemble each other, the more obsessively they will focus on their minor differences to preserve their distinct identity.
They share 95% of the same foundational beliefs, yet that remaining 5% becomes a battlefield because total assimilation feels like the death of the self.
When someone's entire existence becomes an aggressive war against death, aging, and decay, the underlying energetic frequency driving that behavior isn't actually "health".
It is profound fear and resistance.
The pendulum of power between concentration and distribution has swung since the beginning of the first great civilizations.
Greater concentration of power automatically leads to the development of more decentralized, open systems, which serve as an energetic counterweight.
Bitcoin is part of the evolution of the financial system. Bitcoin is the antithesis of the financial system controlled by (central) banks. As long as there is a high concentration of freedom-restricting power in the financial system, Bitcoin will exist.
Technology is rarely neutral, it often carries within it a political architecture. Some technologies are inherently decentralizing because they lower the barriers to entry for knowledge and power.
AI, crisis, war, fragmentation of society, gambling, social media...everything at the same time.
"The old world is dying, and the new world struggles to be born; in this [...] a great variety of morbid symptoms appear."
- Antonio Gramsci