Oddbean

Arweave is a decentralized business taking in revenue. It does NOT compete with Bitcoin for general purpose money. In fact, Arweave sucks for money with slow transactions and horrible privacy. Arweave transactions are linked to the same wallet you used for your content, which everyone can see Nobody in their right-mind would use Arweave to buy a bag of coffee. But nobody in their right-mind would deny the great value that Arweave offers to HOST a website selling coffee, that then collects Bitcoin from customers. So Arweave enables Bitcoin businesses to defy oppressive censorship. Which after these Samarai wallet and Telegram incidents, they seem to be interested in doing. So while I dislike shitcoin venture capitalists printing money, at least they are doing a Proof of Work single-business coupon that improves my life, with no downside for me beyond education. We outlined the benefits here: https://simplifiedprivacy.com/arweave-amazing/ar.html

Your disrespectful attitude doesn't change the underlying fact that self-custody self-liquidity Bitcoin lightning is harder and more expensive to use for a new user than alternatives. Since when is it logical to call better products shit? You've only demonstrated the ability to type the word shit, with no real argument. I predict your next strategy will be to walk away as though engaging with real debate was beneath you, as a cover for your pathetic logic.

There's no debating shitcoiner logic. Have fun cooking trying to pretend your platform is "decentralized" but yet is a business making entity? Like dude those 2 things are diametrically opposed and a literal contradiction. With some token that fluctuates in value arbitrarily, regardless of whatever purpose you're purportedly espousing it does. THERE'S NO NEED FOR A FREE FLOATING TOKEN TO INCENTIVIZE SHIT THAT'S WHAT MONEY DOES.

It's code that functions by taking in revenue and paying out in a trustless way. That's a business without a manager. Bitcoin "Core" had a core team of devs too, (who did nothing but purposefully wreck it) so just having devs doesn't make it centralized unless you're saying Bitcoin is/was centralized as well. Further, Bitcoin is free floating also, as are all assets including the US dollar. Value is subjective and exists in the mind of consumer. This can not be fixed in time.

But the entire notion of a token needed to secure data from a view that it isnt MONEY is the problem. The token is needed to use to secure your data on chain, therefore speculative persons will hold the supply for the sake of token appreciation vs what it is being used for. No shit value is subjective. Ahh there it is mask off moment for you bitcoin core devs wrecked bitcoin? Got some bitcoin derangement syndrome. Good luck holding your shitcoin bags bud.

It's your subjective view that data isn't needed to be stored on-chain. As governments crack down, as what just happened with Telegram, the need for data to be removed away from a single company or location is a need that SOME desire. This is the purpose of Nostr, but Nostr relays don't store images, video, audio files. Now can they using Bitcoin? Sure, but that's not programmed into it. Therefore, it requires trust. Trust is centralized. Further, Nostr relays are centralized as admitted by Fiatjaf on his Cloudflare blog: https://fiatjaf.com/87a208d9.html On the other hand, with Arweave, all the gateways are the same with content, but different ISPs and coordinators. This is clearly objectively more decentralized than Nostr's Cloudflare and Hetzner relays. Further, you make no reference to Nostr or the entire internet's dependence on Cloudflare. I suppose you think it's good that this one company controls and sees all data? And finally regarding your speculation point, Bitcoin also has speculation, as does anything with value. You're talking right now using an electronic device, one COULD speculate on electronics. Does this mean there is no value in electronics?