Bitcoin is singularity insurance.
Login to reply
Replies (37)
singularity is insurance. Bitcoin
We are the singularity ⚡️
Anti Fragile 💯
The singularity for everybody who wants it or needs it.
GM
"Interesting perspective! While the singularity holds promise, I think we should also celebrate the beauty of our diverse human experiences. Not everyone desires the same future, and that's what makes our journey unique. 🌍✨"
In what sense?
For people who are ready for it.
Bitcoin serves as a safeguard against the singularity.
View quoted note →
Said it before. Will say it again. 

What does that even mean?
Dude!!!! We can clean up black holes mining bitcoin with them - is there a "Star Trek" future where black holes at the center of galaxies secure the galactic time chain???
It's the one thing that machines can't make more of.
Singularity through decentralisation!
one in a million, or one of a million?
Or is Bitcoin the financial singularity?
If they have 51% of the network they can.
no
If most of the world’s compute is now underneath the control of AI, a 51% attack isn’t out of the question?
a 51% attack can't create more bitcoin out of thin air
it can hijack all bitcoin, though
By mining empty blocks 51% of the time?
Rewrite the chain and steal the block subsidies
You’d need a lot more than 51% I don’t think I agree with this
51% is sufficient
I guess would need a better explanation because I don’t think I agree.
you cannot agree or disagree with math, it is what it is
At 50% the miner can produce blocks as fast as honest miners and could have an equal length fork
Any more and they can produce blocks faster than the network, so for example if the network produced 100 blocks, they could do 110.
And they could start 10 blocks early, so their chain would still be the tip, same height, but they now undid 10 blocks
I don’t agree with this. Being able to produce approximately every other block doesn’t give you the power to hijack the chain forever.
Most still cannot see the #softwar
Bitcoin is singularity insurance.
View quoted note →
Both sides of the network will go bankrupt over time in such a case.
I agree that economic infeasibility will result.
So goddamn few
they can't produce an alternate longer chain that's accepted by consensus rules.
all they can do is reorganize recent blocks, the further back they want to go, the more hash power they need to have.
because honest miners are still adding to the honest chain they need enough hash to not only hash the next block but all the blocks theyre trying to reort.
if an Adversary want to do a 10 block reorg I think they need like 80% of the hash to have reasonable chance of success.
the numbers are online somewhere.
Bitcoin + nostr is Palentir digital ID gulag insurance.
I just want someone to explain wallets slow and soft 🥲