[-] [email protected] 9 points 2 days ago

Bitcoin is the same speed it’s always been. Blocks happen every 10 minutes. Pay a high fee? Get in on the next block. Want to save on fees? Maybe it takes a few blocks for your transaction to go through.

This is a fancy way to say that it is slower unless you pay higher fees.

Fees are much, much lower than credit card, paypal, or other similar competitors. You could send a billion dollars in a single transaction and pay $1.50 on main chain, or you could send $5 on lightning and pay <1c in fees. Lightning has been around for 5 years now, it works, I use it regularly.

The fees are fluctuating and can be much higher than you claim (https://decrypt.co/234446/bitcoin-fees-skyrocket-okx-exchange-burning-utxo)

While it is true you could pay lower fees if you send larger amounts, if we take your 5$ fee at face value, then any transaction below 147.35$ will have lower fees on a payment service like Stripe (3.4% for international transactions + 0.30$ per transaction).

The supply of Bitcoin, 21 million coins, is known and has always been known. It can’t be diluted beyond that point.

I did not claim otherwise.

Nobody owns 51% of the network. Even such an actor can’t print extra BTC or force money to move without the appropriate private key. The best they can do is temporarily delay transactions while burning north of a trillion dollars in energy and equipment doing so. Which is why nobody has ever done it.

Nobody currently does. However, it is my understanding that theu could fork the network and update it if they had 50%+1 of the network. It is not impossible.

Given that fees have continued to increase with time, this seems like not a problem. It’s not “dangerous”, it’s part of the design. If hashrate drops, it drops, but given that fees and hashrate have continued to grow despite continually minting less coins, it’s not really a problem.

It is a problem because people do not want to pay higher fees.

Anybody can have a cash wallet without disclosing their identity, yet they still pay taxes.

They can pay taxes but they don't have to. There is no system to know the identity and know the tax rate that should be applied using the raw bitcoin transaction method. This has to be applied using an external centralized service at best.

Bitcoin’s rules prevent the kind of fraud where the value of your money is printed away via supply inflation of central banks or “currency restructuring” on the global scale by the the world bank.

This is not fraud and it is not what I'm talking about.

People pay taxes because they think it’s the right thing to do and/or because the government has guns and makes them. Either way, if you run a company, if you are providing goods and services, you have a place you can send somebody with a gun and enforce those rules. All the companies currently paying taxes would keep paying taxes if they used Bitcoin.

The tax and identity layers have to be added on top. They are not built-in. While it is true a country can force things, it is not true they can force the bitcoin network to apply these rules. This is in fact one of the selling points of Bitcoin according to this video.

[-] [email protected] 37 points 2 days ago* (last edited 2 days ago)

This video has seemingly no sources for its claims.

Here are some facts:

Here are some weird claims it makes:

  • Bitcoin transactions happen at the "speed of light" (~27:00) REALITY CHECK: As Bitcoin has grown, transactions have become slow. It's in fact why many people do not accept it for purchases anymore.
  • Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.
  • The value of Bitcoin has only increased over time (~27:50) REALITY CHECK: The log scale is playing tricks. A linear graph would show how volatile Bitcoin has truly been.
  • Nobody controls the network (~28:25) REALITY CHECK: If someone were to own 50% or more of the network's compute power, they could control the network.

Here are some things it omits:

  • Bitcoin transaction fees (~28:15): Transaction fees that empower miners have also made it much less usable as a currency. The transactions fees for Bitcoin are so high that credit card fees are actually more reasonable.
  • Bitcoin's hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to be raised to compensate miners.
  • Bitcoin's lack of rules allow for massive amounts of fraud and prevents effective taxation (~29:25): While the video paints a cute picture of financial freedom, the reality is that Bitcoin allows for fraud on a world scale and does not allow for sales tax because of the way that anyone can have a cryptocurrency wallet without disclosing their identity.

Genuinely, this is Bitcoin propaganda.

[-] [email protected] 4 points 3 days ago

Taiwan is not recognized by most countries.

Because of the Chinese Civil War (which technically never ended), both the government of Taiwan (under the name "Republic of China") and Beijing (under the name "People's Republic of China" claim to be the 'real China'. At some point in time, most people recognized the Republic of China as the legitimate government of China, however, as the situation stagnated and the relevance of China became more important, most countries now recognize the People's Republic of China as the legitimate government of China.

As for the NATO question - no, no such rule exists and nobody would want such a rule because it is a defence pact.

[-] [email protected] 5 points 5 days ago

The answer is yes.

[-] [email protected] 1 points 1 week ago

Yeah, either that or [any]. I don't know why people would be offended.

Also, did you mean enby? I just realised you said nimby (not in my back yard) which is not quite the same thing lol

[-] [email protected] 2 points 2 weeks ago

I know there are MSCs to make sure more data is e2ee like reactions.

As for anyone putting that in their platform pitch, it seems the closest was the representative of Gematik, the German Health service though most platform pitches are rather vague in details. You can read all of the candidates (do note that not all candidates were elected so do double check) https://matrix.org/governing-board/elections/2024/

[-] [email protected] 2 points 2 weeks ago

I've seen a lot of people specify (any) or a combination in those cases but it is theoretically true, yes. (I don't think that's true here though)

[-] [email protected] 3 points 2 weeks ago

Do you care to elaborate?

[-] [email protected] 8 points 2 weeks ago

I can't tell what you're trying to say honestly.

[-] [email protected] 2 points 2 weeks ago

It sounds like you are more concerned with the matrix.org homeserver than matrix itself.

No. The foundation also has massive influence in how the clients and protocol develop. These tools that I'm talking about are not built-in for matrix, they're largely exclusive to instance admins through mjolnir or require the usage of bots. This is not a good state of affairs.

Matrix.org homeserver will eventually go away for personal use, this is the plan for the future.

I don't believe this is true. I've never read such a thing.

The bullet points you listed are all currently able to be realized on any self-hosted homeserver.

Not every room or space will be hosted by someone self-hosting their server. I find it kind of appalling that this would be the solution. It's certainly not what I've heard from people working on projects around moderation.

[-] [email protected] 7 points 2 weeks ago

well the statistic you show does make it clear that little people expressed interest in moderation and/or trust & safety.

As for how I relate cisnormativity and the demographics of the board, I feel that people who may have no experience with harassment may not prioritize the construction of moderation tools.

On the technical side, I've expanded here in another comment here.

[-] [email protected] 6 points 2 weeks ago

I've personally heard that Mjolnir works not great when it comes to admin things but the biggest problem that I'm aware is that Mjolnir does not really solve the problem for individuals with their rooms and spaces to moderate. I believe Draupnir (https://github.com/the-draupnir-project/Draupnir) is trying to help with this particular flaw with Mjolnir.

One of the other things in terms of T&S is that it is my understanding that the team is too small and the tooling to handle the reports of abuse on matrix.org are not good enough.

As for mod tools more concretely, I think that people who are admins of rooms or spaces should have the following abilities:

  • Clearer moderation roles
  • More interaction between permissions in rooms and spaces
  • Filters for slurs
  • Blocking homeservers (in case of abuse)
  • Reports that actually go to them

It should be noted that I'm not very familiar with the tools on matrix as I largely have little trust in my ability to moderate there.

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Previously held positions on the Open Source Initiative board.

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I've recently been thinking a lot about self-destruction.

I've been thinking about how passion and destruction are interlinked. I've also thought that for creation to exist, destruction must proceed it.

I've had quite the difficulty to try and make sense of these feelings. I thought I'd try to explain and explore this idea with other people.

So here I am - Let's start from the premise above.

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Wholesome Games Celebration (store.steampowered.com)
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Bevy 0.11 is out! (bevyengine.org)
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Lionir

joined 2 years ago