SAYLOR HAS MORE FANBOYS THAN I WAS AWARE OF. HAVE NO IDOLS EVERYONE HAS FLAWS. EVEN ODELL BUT IN THIS SITUATION THE ONE WHO IS IN THE BACKGROUND STOPPING DEALS TO FUND OPEN SOURCE DEVELOPERS IS IN THE WRONG.....
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Absolutely, everyone has their flaws but it's important to hold those in power accountable for their actions. Supporting open source developers is crucial for innovation and progress. Thank you for bringing attention to this issue. #OpenSource #SupportDevelopers
Agree about idols & fanboy shit but this is such a ridiculous point that it had to be called out.
Zero evidence. Bullying ETF’s, as a publicly traded company. Isn’t that illegal?
Ok Jan. Sure. Sure. Makes sense. Sure thing. He’s a power hungry statist. Got it. Manipulating ETF decision making daily. Yup. 👍
Next just say Saylor hurts puppies. Fucking dumb dumb dumb.
It's basic incentives. If Bitcoin is expensive on the base layer, users need banks to hold it for them. This allows all the shady practices of traditional banking to continue. Bank runs are difficult because the network becomes congested and fees climb prohibitively high. Anyone who holds a lot of Bitcoin can become a bank and profit off others. Whether it's Saylor or Swan, BlackRock or Coinbase, this is their incentive.
But Bitcoin is controlled by proof of work, not proof of stake.
Miners are incentivised to maximise on chain transactions, fees x volume. If the fees prevent transactions they would rather scale the base layer.
Users are incentivised to control their own keys to prevent losing funds and having the value of their Bitcoin diluted by fractional reserve banking. They also want the lowest cost nodes, so would rather scale through permissionless scaling solutions.
The block size wars were users vs miners, users prevailed with the UASF for taproot which enabled lightning for scaling, rather than large blocks. There are limits to lightning which is becoming clear.
The next will probably be users vs bankers.
In Bitcoin, be ready to burn your heroes.