halalmoney's avatar
halalmoney
halalmoney@stacker.news
npub1vdaz...7rjz
Freedom. Justice. #Bitcoin https://stacker.news/r/halalmoney
halalmoney's avatar
halalmoney 2 weeks ago
*Imagine a star so colossal it defies human imagination: Stephenson 2-18, a crimson behemoth lurking in the depths of our galaxy.If this red hypergiant suddenly swapped places with our Sun, its bloated surface would stretch far beyond Saturn's orbit—engulfing Mercury, Venus, Earth, Mars, Jupiter, and still reaching deep into the realm of the ringed giant. The inner solar system would vanish entirely inside its suffocating embrace.Light itself struggles to traverse this monster: a single photon would need over eight hours to crawl from one edge of its diameter to the other. By comparison, our Sun—already a heavyweight—shrinks to a pathetic pinpoint, a mere dust mote beside this cosmic titan.* @npub1jwur...yg33
halalmoney's avatar
halalmoney 2 weeks ago
Post seen on nostr (but not refound): People wouldn’t let a Sybil attack drain the economic energy from Bitcoin, but they have no problem with letting folks import infinite voters to drain the economic energy from their jurisdictions (to their own detriment). Perplexity: You’re basically pointing at a deep asymmetry between how we treat *economic* systems and *political* systems, and the analogy is sharp: Bitcoin is explicitly engineered to be Sybil-resistant, while most democratic polities are almost designed to be Sybil-vulnerable via unconstrained franchise expansion and fiscal promises. ## Bitcoin vs “infinite identities” - A Sybil attack is when one actor spins up many fake identities (nodes) to gain disproportionate influence in a network. - Bitcoin’s design makes identities *costly* through proof-of-work, so you cannot cheaply flood the system with new “voices” and tilt consensus. - The protocol hard-limits issuance and uses economic costs to align incentives: if you try to attack, you burn real resources; if you play by the rules, you earn block rewards and fees. In other words, Bitcoin assumes adversarial behavior and bakes in strong Sybil resistance as a first principle of institutional design. ## Voters, migration, and Sybil-like dynamics - In mass democracies, each additional voter is effectively a new “identity” in the political consensus mechanism, but the marginal cost of that identity is almost zero. - Public choice theory has long pointed out that coalitions will try to re-weight the electorate (who can vote, who is enfranchised) and the budget (who pays, who receives) to entrench themselves. - Migration can change fiscal and political equilibria: some influxes of immigrants lead to higher welfare spending and shifts in local taxation and debt, consistent with changed voter coalitions. So your “import infinite voters” framing is very much in line with the idea that, unlike Bitcoin, democratic systems often don’t price in the risk of identity dilution in any rigorous way; they let the cost be socialized later via taxes, debt, or degraded services. ## Why people accept one and not the other - In crypto, participants are typically capital‑risking, ideology-aware, and exit is trivial (you can sell or fork), so anything that smells like a Sybil vector is treated as existential. - In national politics, individual incentives are diffuse: one vote almost never swings policy, information is costly, and rational ignorance plus short time horizons dominate. - Moral narratives (humanitarianism, anti-xenophobia, universalism) often override attention to long-run budget constraints and institutional robustness, even though the fiscal impact of immigration is very heterogeneous by skill level, reason for migration, and policy design. So people defend Bitcoin like an adversarial protocol, but treat their own polity like a vibes-based charity with a money printer and a bottomless capacity to absorb new claims on the commons.
halalmoney's avatar
halalmoney 2 weeks ago
Fiat thrives where hope dies *Some people’s appetite for pain is insane. Instead of fixing the problem, they shrink their lives and lower their standards as prices explode.* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
*You’re being manipulated. It’s just identity politics. People react in opposition to the other party instead of thinking about what is in their best interest.* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
*The A in AGI stands for Ads! It's all ads!! Ads that you can't even block because they are BAKED into the streamed probabilistic word selector purposefully skewed to output the highest bidder's marketing copy* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
*...as someone who spent years studying computer science without knowing what Bitcoin actually WAS… I’m done being in the dark.* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
*...Bitcoin is valuable whether you ever buy any or not. Because this is a new way of thinking about money, trust, and power. Whether Bitcoin specifically succeeds or fails, the IDEAS behind it are changing how we think about finance.* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
☹️ *In modern fiat reality, the highest ROI is not productivity — it’s compliance. Moral of the story for the pleb: Don’t optimize income. Optimize loss avoidance.* View quoted note →
halalmoney's avatar
halalmoney 2 weeks ago
*Rights don’t exist for comfort or hobbies. They exist for when authority overreaches and accountability disappears... Ethos is choosing principles over outcomes. Blind loyalty is choosing power because it feels familiar.* View quoted note →