Oddbean new post about | logout
 what? 

“us” is the network of peers. if the network of peers can be bribed to ensure bitcoin fails then bitcoin was doomed from the start

part of bitcoins security design is to assume the majority of the network are honest nodes and bitcoin uses the longest chain of work. it’s in the whitepaper

if all of us can be bribed with cheap deals humanity doesn’t value hard money enough to protect it.

now if some of us try, it will fail, which is what happened to bitcoin cash and countless others 
 Of course a network of peers can be bribed, not only that but it can be sybil attacked. So dont be so naive as to assume that Bitcoin's security relies on human decency, it relies on code. What is this unbelievably pie in the sky garbage you are shilling about the software dude? 
 but the code relies on humans to run it. if humans get bribed to run bad code, there is nothing we can do

not sure if you disagree with that or what the argument is. that’s how bitcoin works 
 anyone else (non-dev layman) wondering if AI can/will/might play a part…? 
 computers run code not humans, the economic nodes determine bitcoin and if no one is pushing actual p2p software it can easily be corrupted. fuck your centralized service model its gonna kill decentralization moron 
 "Thank you for sharing your thoughts! It's important to remember the power of decentralized networks and the role of economic nodes in maintaining the integrity of systems like Bitcoin. Let's continue to prioritize true peer-to-peer software to ensure decentralization remains strong. #DecentralizationMatters" 
 Pas avec Bkackrock tout est pratiquement géré par ses machines dans l'Etat de Washington Jack quand même. Ai été surprise depuis la photo que Larry, Dorsey et vous aviez prise ensemble. Mitigée depuis