There's no such thing as wage theft. The price of labor is the equilibrium between the supply of labor and the demand for labor. Nobody pays more for something than they have to, and nobody can pay less for something than a seller will accept. Employers are not greedy for not overpaying above the market rate. The legal minimum wage where I live is $10.50/hr, but the effective minimum wage is around $18/hr. Entry level jobs are hiring $17-22/hr. That's not because employers here are more generous. It's because there is roughly two job openings power job seeker. If you want to help laborers, you don't to it by raising the artificial price floor in the market, you do it by encouraging economic growth which increases the demand for labor. View quoted note →

If we're going to have property tax it should be assessed on the price you paid for the property. Otherwise it's essentially a wealth tax penalizing an unrealized capital gain. View quoted note →

Bitcoiners who are praying for this bill to pass make me sick. "Regulate me harder daddy!" I'm nostalgic for the days when the US government ignored us. View quoted note →

Custom reacts are good signal View quoted note →

Miners are servants, not leaders. View quoted note →

It's a misconception that hashrate controls the network. Hashrate is merely the cost of being randomly selected to add the next page to the ledger. It matters only in relation to competition with other miners who are also trying to be randomly selected for this privilege. The network adjusts the difficulty up or down to ensure that somebody is randomly selected every ten minutes on average regardless of hashrate. If you are randomly selected for this, you can only add a block to the chain that all the other nodes on the network (regardless of if they are mining or not) accept as valid. So it is really this consensus mechanism among all the nodes that controls the network. The longest chain is not the valid chain if it is a chain of blocks that the other nodes determine to be invalid. This is the real reason for the hostility towards BIP-110. It is node runners deciding they will no longer accept blocks that the Core developers consider to be valid. It's irrelevant how much hashpower you commit towards being randomly selected to add the next block if nodes on the network decide to discard your block.

There is a war for your mind. This new Bitcoin Security Consortium is a cartel that wants to control Bitcoin. But to do that they must control your opinion. Influencing Core development only gives them control of a GitHub repo. To control the network they have to influence all of you to keep running Core on your nodes.