JackTheMimic's avatar
JackTheMimic 2 weeks ago
And I am telling you money≠action. Human action is the only thing that tells you what someone values. They are running nodes with specific software. That action is telling you their intention and their preference. All a one Bitcoin bet means is that I have enough Bitcoin that I can frivolously take a stupid wager with another person. That doesn't tell you anything about my preference. Maybe reread some Austrian economics.

Replies (3)

Default avatar
ihsotas 2 weeks ago
I can spin up 100 hosted nodes for like 1500 bucks a month. Put out an emergency bip with a trigger less than a year away and I won’t even have spent a bitcoin. I do not take node count that seriously. If the proponents of a change aren’t willing to bet some portion of their future wealth on that change I am unwilling to take their side seriously. The fact that they have used the threats of the state and demanded an absurdly fast emergency timeframe is suss as fuck.