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jimbocoin 🃏
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The SUPERCYCLE guy.
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jimbocoin 9 months ago
Suppose the headline is correct, that filters work. What does this mean? In a word, censorship. If filters work, it means that something other than fees determine what transactions get confirmed. Do you want this? Is censorsble #Bitcoin desirable to you? View quoted note →
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jimbocoin 9 months ago
Fees and efficiency are two sides of the same coin. Change one and the other adjusts in turn. #Bitcoin
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jimbocoin 9 months ago
You can’t have it both ways. If #Bitcoin transactions are cheap, then they’re cheap for your enemies. If Bitcoin transactions are expensive, they’re expensive for you too. You have to decide whether you care more about the price to you, or the cost to your enemies. There’s no principled solution that allows you to keep transactions cheap for yourself and expensive for others.
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jimbocoin 9 months ago
If you *really* want to disincentivize spam on #Bitcoin, you should champion a block size decrease. Making block space more scarce improves decentralization. It reduces the cost to start and run a node. And it will push fees up, making spam unaffordable. That’ll show’em.
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jimbocoin 9 months ago
The reason that email spam filters are necessary is that email spam is too cheap. It’s next to free to send off an email. Sending #Bitcoin transactions is not cheap. Or if it is today, it shouldn’t be. Bitcoin is mankind’s premier value transfer system. There’s no reason to imagine it will remain cheap to use.
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jimbocoin 9 months ago
Live a life of abundance. Having trouble living within your means? INCREASE YOUR MEANS. #ChooseRich
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jimbocoin 9 months ago
But is the plural “shitcoiners” or “shits coiner”?
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jimbocoin 9 months ago
No one will ever get their PhD in CSS, because they won’t be able to format the white paper.