Oddbean

FWIW, I don't think Bitcoin actually requires any funding to operate. Satoshi built it without any sponsorship. Most core devs are and will always be maximalists devoted to the longevity of Bitcoin. Corporate sponsorship could create corporate expectations... Not saying it'll turn out that way in practice, as their expectations will likely get frustrated by the decentralised nature of node operators refusing to validate bad ideas.

sounds better than it works. you should talk to those that built all of the software we store our monetary life in today. they feel very differently and have every since the project became more than an idea. there is no more serious engineering work than maintaining and building bitcoin. wasn’t the case when it didn’t have a spot price

Oh yes, Bitcoin is very serious indeed. And will only get more serious over time. Attracting all kinds of corporate interest, trying to influence developers so they can gain control over the network for their own profit. And they'll fail like all the other corporates who've created shitcoin forks if they try to force their interests. Not saying funding is wrong, it's the intention behind the funding that makes or breaks the relationship.

i think this idea is overblown. people have been building malicious bitcoin changes since it was launched. whether it’s blackrock or roger ver, it only matters if we all run the software. the idea that we need to gate keep who provide no strings attached funding to developers i don’t totally understand blackrock can give developers 1 trillion dollars to change bitcoins supply from 21m. if we don’t update our nodes to that code it doesn’t matter. the real defense is all of us, not who funds devs

"us" is an imaginary ideal that you are creating, in reality most individuals are easily bribed and would happily trade their current node software for a bunch of fiat currency given a company like blackrock would direct them to do it. all it takes is them coopting the society which CLEARLY is already well under way. why would you be so ignorant about the social black-rock-washing of bitcoin unless you want it to happen faster?

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?

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