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Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

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Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#3
post #2

bitcoin appears to have just become another asset that rich people on wall street are hoarding with no real attention or interest in the actual payment mechanism at all. it might as well just be some trading cards being shuffled around.

there will be plenty of articles for you to post that copypasta on, this article isnt about that

Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#5
I wonder how these Bitcoin devs rationalize the environmental impact their ongoing work has. They've created something that started as a revolutionary innovation, but by now is an incredibly wasteful way of turning kWhs into money.

Something that has outlived its fitness as a payment system, but still trundles on due to its own inertia. Like oil execs that refuse to acknowledge that the age of oil is coming to a close, and are now pushing shale oil extraction. A suboptimal waste of effort.

Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#6
Its a nice introspection that this person realize they were a centralized bottleneck

I’ve seen similar things happen in other cryptocurrency communities, where the primary binaries being released needed one person who was out on a conference circuit or vacation

The infrastructure is mature enough to distribute signing and other duties more adequately, as this person has asked

Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#7
post #2

bitcoin appears to have just become another asset that rich people on wall street are hoarding with no real attention or interest in the actual payment mechanism at all. it might as well just be some trading cards being shuffled around.

A highly wasteful one too, in terms of energy consumption. And the negative environmental impact that has.

As we head towards a burgeoning climate catastrophe, no-one should be using Bitcoin.

Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#8
The public has no idea how important the developers in charge of the code they run are. Underhanded C contests (The Underhanded C Contest is a programming contest to turn out code that is malicious, but passes a rigorous inspection, and looks like an honest mistake even if discovered.) make you really want honest guys upstream, and lots of eyes on things that affect consensus.

Re: Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

#9

I wonder how these Bitcoin devs rationalize the environmental impact their ongoing work has. They've created something that started as a revolutionary innovation, but by now is an incredibly wasteful way of turning kWhs into money. Something that has outlived its fitness as a payment system, but still trundles on due to its own inertia. Like oil execs that refuse to acknowledge that the age of oil is coming to a clos…

Probably the same way most people rationalize consuming the flesh of slaughtered animals, despite the massive negative environmental impact that has, and the better alternatives that are available.
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