Satoshi Nakamoto Statue Stolen in Switzerland, 0.1 BTC Reward Offered for Recovery
https://www.tradingview.com/news/cryptonews:dde18cd14094b:0-satoshi-nakamoto-statue-stolen-in-switzerland-0-1-btc-reward-offered-for-recovery/
The Bitcoin Core Paradox ----------------------------------- Two distinct groups have shaped Bitcoin evolution: the original system engineers, led by Satoshi Nakamoto, and the current generation of engineers at Bitcoin Core. Satoshi, with a system engineer's mindset, crafted consensus rules that evaluated second and third-order effects, ensuring the network's robustness and decentralization. These rules, now immutable, form the bedrock of Bitcoin's security and trust. Contrast this with Bitcoin Core's engineers, who, while skilled, often focus on optimizing specific parameters, such as block propagation times or fee estimations. This hyper-focus, while beneficial in some ways, can lead to a myopic view that overlooks broader implications. They are, in essence, corner-focused engineers, excelling within their sandbox but arrogantly blind to the forest. This difference becomes evident in their approach to the memory pool, a component they can alter without universal consensus. Their desire for control, manifested in attempts to impose specific rules, has led to a violation of what we could call "Bitcoin Rule 0": fairness and truthfulness. In their arrogance, they assumed a superior position, dictating changes without fully understanding the consequences. The network, however, has punished this violation. Node operators, respecting the core principles of Bitcoin, have rejected these impositions. Up to 15% of nodes have switched to alternatives like Bitcoin Knots, and many more are not updating, effectively fragmenting the user base and eroding Bitcoin Core's credibility. This is the second-order effect they did not foresee. In Bitcoin, the incentive set is clear: respect each other's incentives, and we all win. Act against the core principles, and the network will punish you. Bitcoin Core's engineers, in their quest for control, should have learned this lesson the hard way. The world of Bitcoin is not a zero-sum game; it's a collaborative ecosystem where fairness and truthfulness reign supreme.
An Open Letter to Engineers. ---------------------------------------- Engineers, listen up! Your expertise is your crown, but it can also be your curse. Outside your comfort zone, you're not just wrong—you're dangerously arrogant. You think your years of experience in one field make you an oracle in all. Newsflash: it doesn't. Your ego blinds you to the obvious, and your arrogance leads you to make choices that will bite you in the ass. You'll hurt not just yourself, but your family too. They'll pay the price for your misguided pride. Remember, every expert was once a beginner. Stay humble, stay hungry, and stay teachable. Or watch as your arrogance becomes your downfall. P.S. If you can't admit you made a mistake in judgment, you're already retarded. Just look at Hacker News. Those Bitcoin haters would be rolling in cash if they'd just swallowed their pride and taken a chance.
He is an engineer. Go read hacker news. The dark side of builders is being retarded and arrogant at the same time about everything outside their area of expertise. To be fair, he is extreme.
Welcome to Wilya spacestr profile!
About Me
Nym. Bitcoiner.
Interests
- No interests listed.