From: Monarch <monarch@cock•li>
To: hearn@vinumeris•com
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Your Gmaxwell exchange
Date: Mon, 31 Aug 2015 20:06:21 +0000 [thread overview]
Message-ID: <602b978abcedd92fbed85f305d9d7bfe@cock.li> (raw)
On 2015-08-31 19:11, Mike Hearn via bitcoin-dev wrote:
> I think your summary of what people actually want from
> decentralisation is pretty good, Justus.
>
>
>> I don't believe that any Bitcoin user actually cares
>> about decentralization, because none of them I've asked can define
>> that term.
>
> +1 Insightful
>
What is Bitcoin if not decentralized?
Bitcoin the most awkward, unprivate and damaging currencies ever
created. It is terribly slow for general use, and it is very
difficult for users to get over the technical hurdles required to use
it safety. It is simultaneously the least private payment system ever
conceived for general use, yet still manages to consistently help
terrorists and pedophiles. Over half a gigawatt of power is used to
power the miners which timestamp the network, causing hundreds of
millions of tonnes of CO2 and radioactive particles to be spewed into
the atmosphere.
Perhaps we can justify these damages as the cost of decentralization,
similar to one justifying the tor anonymity network as having
significant positive effects outweighing the negative. However if you
are truly willing to give the goal of absolute decentralization up as
unachievable or unrealistic, it would be much more sensible to replace
the entire Bitcoin network with a couple of geographically distributed
SQL servers and call it a day.
Without decentralization as an ultimate goal, Bitcoin is an
abomination that is best dismantled.
next reply other threads:[~2015-08-31 20:14 UTC|newest]
Thread overview: 35+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-31 20:06 Monarch [this message]
2015-08-31 20:27 ` Justus Ranvier
2015-08-31 20:48 ` Monarch
2015-08-31 21:24 ` Allen Piscitello
2015-08-31 21:42 ` Monarch
2015-08-31 21:54 ` Justus Ranvier
2015-08-31 22:53 ` Monarch
2015-08-31 23:24 ` Justus Ranvier
2015-09-01 0:02 ` Milly Bitcoin
2015-09-01 9:25 ` Jorge Timón
2015-08-31 23:32 ` Peter R
2015-08-31 23:47 ` s7r
2015-09-01 2:16 ` [bitcoin-dev] Let's kill Bitcoin Core and allow the green shoots of a garden of new implementations to grow from its fertile ashes Peter R
2015-09-01 2:25 ` Gregory Maxwell
2015-09-01 8:42 ` Adam Back
2015-09-01 10:16 ` Chris D'Costa
2015-09-01 11:20 ` Monarch
2015-09-01 12:24 ` Wladimir
2015-09-01 22:06 ` s7r
2015-09-01 11:44 ` [bitcoin-dev] Your Gmaxwell exchange Monarch
2015-09-01 11:11 ` Monarch
2015-09-01 15:59 ` Dave Collins
2015-09-01 16:51 ` Monarch
2015-09-01 18:37 ` Eric Voskuil
2015-09-01 20:08 ` Monarch
[not found] <CAEgR2PFB3h_8fr=d8HegRSD0XdooimhFKtLR4vKr2QXv+EwBfQ@mail.gmail.com>
[not found] ` <AD284610-4F40-445C-A074-CC94EDFFCBA8@gmx.com>
2015-08-30 3:25 ` Gregory Maxwell
2015-08-30 4:13 ` Peter R
2015-08-30 4:57 ` Gregory Maxwell
2015-08-30 6:38 ` Adam Ritter
2015-08-31 18:55 ` Justus Ranvier
2015-08-31 19:11 ` Mike Hearn
2015-09-01 20:29 ` Wladimir J. van der Laan
2015-09-02 18:51 ` Justus Ranvier
2015-09-01 2:30 ` Oliver Petruzel
2015-08-30 7:41 ` Peter R
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