Lavader Capitalism assumes that people will do what is in their own best interest. When information and interactions are open and uninhibited that leads to the best outcomes for everyone. That is not what is happening now. The government pays for the research and decides what to make

Grok is about at the level of an Internet troll. He can repeat things he has read but doesn't really understand the concepts. Hopefully he keeps improving.

BTCers can't imagine making a decision from real world information. They need their node to tell them what is true. This means node developers effectively control the truth.

I think this is a major misunderstanding for BTC.

Small blockers don't understand economics and think the example of a 51% attack supports the small block argument. User nodes will happily accept a 51% attack. Small blocks restrict economic activity and increase the risk of 51% attacks. More economic activity is the only thing

Is this hard to understand?

BTCers think that if Microsoft, Google, and Apple were given the option to collude to defraud average consumers then they would. Wouldn't it be more likely that they would defend against another company taking unfair profits? Especially considering most banks would likely be

To expand on the previous post. A scenario: It is the future and Bitcoin is a major financial infrastructure backbone. Many major tech companies are miners as well as a lot of banks. Miners attempting to change the rules or do something malicious would be massive worldwide

Banks currently cheat, from time to time, because they can keep their transactions private, for the most part, and have only the ineffective regulators to keep them honest. Imagine if the banks had to share their transactions with each other and follow a strict protocol. If one

Can you submit BEEF to ARC? I think I had a testing issue and my input txs hadn't made it to the network, but I was still getting a "stored" status back when submitting them. If I was submitting BEEF then the node could potentially submit the input txs at the same time.

In the mind of a BTCer, economics, journalists, and most of the real world don't exist. The holy user node is the only possible source of information about the block chain. In BSV economics and other real world factors keep the system in check and secure. A distributed set of

BTCers claim that Satoshi thought there could be mathematical proofs for every type of fraud and use the lack of their existence to justify crippling Bitcoin with small blocks. Satoshi understood economics and realized that economics can be leveraged for security. Bitcoin isn't

If what you support doesn't correlate to the Bitcoin whitepaper then maybe calling it Bitcoin is wrong.

Satoshi: Users can use SPV, only miners need to run nodes. BTC: Satoshi didn't know there wouldn't be fraud proofs for every type of fraud so SPV isn't trustless. Satoshi: Miners are incentivized to be honest by other miners. BTC: Miners will cheat and destroy their revenue if

They can reorg blocks. They can stop mining with your rules. They can stop accepting your transactions. They can charge higher tx fees. They can technically manipulate the system in many ways within "your rules" and make it worthless. They won't because some of those things are

BTC will never be the financial system that the average user can use. Small blocks ensure that only financial institutions will be on chain at scale. In fact most current BTC will be rendered dust as the tx fees rise with scale. Unless you believe that miners can cheat on a

More competition and more consumers is now "handwave economics", while gambling and speculation while waiting for some magic future technology to save them is good economics. 🤷

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BTC trolls claim that they are "concerned" about Bitcoin being "trustless". I think this goes a long way to address what Satoshi meant by "trustless". It is saying that you don't want to trust that someone paying you hasn't already spent those coins so you have a consensus