Thread - Nostr Hypermedia

The flaw with this counter argument is it assumes these critics have an appreciation for rules-based order or decentralized consensus. When they raise questions about a change to the 21m hard cap, they aren't even informed enough to be suggesting a change to the underlying code. They are used to a fiat system, where "reality" is dictated by verbal decree from a centralized authority. These people think one day Satoshi will resurface and decree (by fiat) that there are now 50 million bitcoin.

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Simon (2.₿y.2) Kofah 1 year ago

Their understanding of bitcoin's consensus is so primitive they can't formulate coherent criticisms. They are starting with the wrong premise. So the answer doesn't even register with them as sufficient. It's like the question "how can mail over the internet work, if there's no way for the sender to know the recipient's computer is turned on?" The question is presented as a reasoned criticism of email. But in reality it shows a fundamental misunderstanding of the internet. The question is so misguided, it's not even wrong