Roundtable_015 - Conspiracies, Culture rot, Replay Attacks and the Future of Bitcoin

Great rip!

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The physicality problem of gold is overstated because the BIS will hold all the gold and handle settlement? Wow, this guy doesn't get it. That IS the whole problem dude!

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My Thanksgiving precoiner strategy is: "If you're ready to buy I'm happy to give advice, help you figure it out, and avoid mistakes. But considering bitcoin is 16 years old and currently at ~$100k, I'm not giving a sales pitch. If you're still not ready yet, that's fine. Come see me when you are."

Awesome episode!

I quit drinking years ago, over a decade, and the thing that helped the most was to think of my desire to drink as this little person inside me, and me beating the shit out of him every time he tried to talk me into cheating. I can say from this experience that everything you said about appetite in this episode was spot on and high signal. I appreciate it.

Thanks Moe and Adam. A good show to cap it.

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Dave crushes it starting at 47:51, absolutely perfect, spot on rant. We are the ones staying to fight. Thank you for stepping up and being a voice for the resistance.

Great episode, thanks! Core's main argument (repeated ad nauseum) is filters don't work 100% of the time. It doesn't need to be perfect, it needs to be as good as possible. Maximum friction for spammers and anyone else who wants to use Bitcoin for non-monetary uses. Of course miners will do anything for money, that's exactly why an op_return limit and other policies are needed, but certain core devs have twisted this around to justify removing one of the few tools available to pleb node operators (the absurdly high v30 default is effectively the same as removal). The point Luke makes at 1:36:40 is particularly good. Core supporters focus on one side of the equation, the spam that gets mined, and ignore what isn't. The thing about deterrents is we can't know how many attacks aren't even attempted at all because a deterrent exists. In the firewall example, at least intrusion attempts can be detected, but the attacks that never happen can't be measured and so are easy to ignore and dismiss. This is one of many flaws in Core's arguments. Thanks again guys!

Really good discussion. The spam issue is still worth talking about and will remain so indefinitely because it's really about fundamental rifts between bitcoin stakeholders. So I'm sympathetic to Tomer's weariness of the topic, but thank you both for slogging through it anyway. The discussion should continue. More battles are on the horizon I think that will fall along the same fault line.

Great episode!

Great episode!

Great conversation!

The term "sound money" has nothing to do with the noise gold coins make. It comes from the Old English "gesund" meaning strong or healthy. This is why we say "Gesundheit" when someone sneezes. And also why the word is frequently applied to things besides money like "sound reasoning". Robert (and Peter Schiff) uses the incorrect gold coin origin frequently, and it grinds my gears every time. See the adjective section in this link: https://www.etymonline.com/word/sound

I don't know how Saif never gets tired of answering the same five questions. Thank you for your patience and perseverance Saifedean!

A lot of bitcoiners forget we live in meat space where government violence can be used against us. Our courage will be tested.

Lopp, Todd, and Blue Hair Matt, anyone associated with Bitcoin Magazine or Brink, are bad actors. There is zero doubt. They want to enable spam, they want to freeze Satoshi's coins. Enough is enough. If Satoshi's coins are spent by a quantum hacker, then this is what he wants. Who are these clowns to second guess his intentions?

I'd love to see a core fork that is completely developed and maintained by nyms. Satoshi showed us the way, and it's a shame we didn't follow his example and make pseudonymity the defining characteristic of Bitcoin development culture. Any dev who's legal identity is known can be assumed to be compromised at this point.

This was hands down the best pro vs con conversion on bip110 I've heard. It's amazing how productive and informative it can be when both participants debate honestly, attempt to understand each other, and don't resort to cheap shots, insults and straw manning. Thank you gentlemen!

Great episode!

Great conversation. I'm a believer in "strong opinions loosely held'. There's nothing wrong with reassessment and changing your mind at any time, although it doesn't seem like there's any major disagreement with hodlonaut's views and those of BIP-110 supporters. Regardless, I respect his choice to withdraw support. Taking a non-committal view while assessing is always wise. An episode with Giacomo on the topic next would be awesome.

Thanks guys, I really enjoyed this series.

Thank you for the help on Primal. I am still learning about NOSTR so i just went with a tip here since i am familiar.

"Ironically COVID was a mask-off moment." So true.

I like the clips.

The more anti-maximalist rhetoric you hear, the closer we are to the next panic induced downturn.

Sats vs bitcoin is annoying but put the blame where it's deserved, which is Dorsey/Square. Maybe paying 900 bitcoin for something isn't confusing to Marty but explain to me how this is good for adoption because it's confusing to everyone else.

I'm not convinced by Ben's arguments. Thanks for pushing back Matt.