skells @skells@qoto.org
Joined Feb 2021
@11112011 this is almost good news blitz, thanks
@lukedashjr good to hear, still ominous af
are there any other limitations on your account or is it back to normal?
skells
boosted
Twitter finally unbanned me this morning.
But they didn't admit wrongdoing or say it won't happen again.
Let's keep Mastodon alive and growing as the primary social media network, and use Twitter only as a fallback to interface with normies? ;)
@lukedashjr hypothesis:
as long as a large enough segment of the population refused to accept forked coins, people would be getting burned by accepting them.
people would spend their forked coins as fast as possible (like counterfeit cash) and get wise about how they accepted coins in the future.
"bad money drives out good" but it's very easy to identify bad with a node, so you'd quickly train people to check their change
questions are:
1) what percentage of "intransigent minority" is required to effect this?
2) what are the incentives for inflationary cash and who are most tempted by them?
my sense is that most people would prefer to hold the real McCoy even if they tawked otherwise
@lukedashjr good point
skells
boosted
@skells To differentiate between "real" bitcoins and "forked coins", you need a full node of your own.
A risk of decentralised networks, is that they're vulnerable to takeover by centralised actors if too much of the economy trusts those centralised entities to verify their transactions.
A minority selling forked coins won't likely be enough to prevent that.
@lukedashjr depends on the stacks of the minority
but I see your point, thanks
@coolboymew SO FUCKING BASED
@lukedashjr what does this look like, practically speaking, for non-devs?
selling all forked coins seems like a good first line of defense
skells
boosted
Bitcoiners should be careful not to let the failure of inflationary fiat result in #Bitcoin turning into nothing more than a new, non-inflationary* fiat.
This is a risk as people who don't necessarily care about decentralisation flock to Bitcoin for safety.
* for now (nothing prevents a non-inflationary fiat from adding inflation later)
@jeffcliff @11112011 @Prodigal I think you have to be pretty loopy to think that covid doesn't actually exist
Chinese bioweapon and rushed vaccines too mainstream for the conspiracy hipsters
skells
boosted
and then, for no reason at all, people elected brandon to power
@ARG nice acronym
@Prodigal @11112011 @jeffcliff yeah I have no idea where you're going with this Jeff 😅
Joined Feb 2021
