This post by @CharlieShrem is a good one to mention to average folks who may not think deeply about monetary systems. His articulation of fiat currency's general tendency toward systemic value destruction aptly distills the essence of why Bitcoin changes this dynamic: https://t.co/xcXu5DkfIy
Liberty is not the same as Libertarianism. Libertarianism is a far right wing philosophy based on individualism. In essence it is the Law of the Jungle. The Law of the Jungle inevitably leads to Fascism and then Nazism. Is that what you want?
You're promoting Big Brother government under the delusion that it will protect you from powerful individuals, when in reality your attraction to utopianist political ideologies and desire to subordinate everyone to governmemt, as a preemptive measure against those that would impose tyranny on you, is what will lead to enslavement of the masses to a small elite.
Your fear is your own worst enemy as it leads to a self-fulfilling prophecy.
Balance and unity is what I seek, not extremist ideologies like your words suggest you support. Yes, I do prefer Government to the law of the jungle. I respect your right to believe as you do and know from history which path leads to better outcomes. Unfortunately great hardships befall people before they come to their senses. It's as if every generation is challenged and they have forgotten the past.
You support coercively subordinating everyone to a single plan, instituted by the government. This desire is based on your sense of moral superiority, which leads to support exerting totalitarian control over others.
As for the "law of the jungle", this describes the majority being able to impose its will on the minority, and seize the minority's private property and limit their right to engage in mutually voluntary economic interactions with other consenting adults.
Everyone being secure in their person and property, and having the right to make up their own mind about how to live their life - with the government protecting that right - is justice, and is libertarianism in a nutshell. That's what I support.
>I respect your right to believe as you do and know from history which path leads to better outcomes.
I'm guessing you haven't actually looked at the economic statistics from over the last 120 years to see which path leads to better outcomes, or looked at the political history of countries that embrace the subordination of the individual to the government.
The better path is the one that does not tolerate violating the rights of the individual to implement some simplistic and totalitarian political ideology over the objections of the minority.
We already gave it back by leaving people in charge of the protocol that think you can better use credit cards than cryptocurrency for payments. Luckily there are other cryptocurencies that can still offer this freedom. But the community needs to stay vigilant that other projects don't also turn into fiat 2.0.
TadojinFarmsPositive | 3 months old | Karma CC: 93 BTC: 2618 months ago
Huh? That sounds like an altcoin bro. Bitcoin is open source anyone with technical skills can contribute and can be reviewed by anyone with technical skills. The reason other altcoins fail is because they are driven my profit or they fail to realize why Bitcoin is unique. Bitcoin has no CEO; no sponsors to satisfy. It was created in a decentralized way and it is maintained in a decentralized way. It’s controlled by no one except everyone one of us who is interested in being part of a network that gives you true freedom.
Precisely this. I wouldn't be surprised to see some of the mining pools in China or even all of the mining pools in China collaborating to dupe bitcoin.
ShichroronKarma CC: 239 BTC: 780 MIOTA: -118 months ago
Yeah! They demonstrated their absolute control by destroying segwit and forcing a block size increase. Funny how some people thought it going to end up just with a meaningless fork with a confusing name.
What can they do besides order transactions? Go ahead and kill them and Bitcoin lives on. It's decentralized in that there's no one center to take it down
Edgegasm31445 karma | Karma CC: 5631 NEO: 52708 months ago
Besides order transactions? They can pick and choose whatever transactions they please. They can censor the network, drive up network fees, block addresses entirely. You need to trust them not to do so.
Those who create the blocks control the network. Decentralization meant having so many people creating blocks that this kind of manipulation would be rendered pointless. Having a handful of pool owners crafting blocks between themselves is centralized.
Frankly right now FIAT is superior simply because there are legal ramifications to tampering.
Asic resistant coins are only temporarily asic resistant because its value is so low as to warrant research and development for it. The coin thinks it can keep hard forking away the hashing algorithm to keep it asic resistant but that's easy for a centralized/low adopted coin. And there's only so many tested hashing algoritms they can use before that tactic fails. There's no such thing as a cpu mining only coin. Application specific integrated circuit (Asics) can be built for anything a CPU/GPU can do because those are general processing. These coins don't have anything special about them at all. Once it gets big, someone will build ssics for it.
Community coin. ASIC/GPU resistant. CPU only mining. There’s an android build out there.
The dev found out that mining pools were being made so he changed the code instantly to fight them.
Fork of Masari and has a bunch of monero code