@ryanxcharles Ah, drat. I hope you’ll consider joining us at @BitGo
@oditorium If this made Bitcoin unusable then the value would plummet and the miner would have shot themselves in the foot.
@oditorium If a single entity had the majority of computational power and used it to orphan blocks from other miners, sure.
@oditorium You mean mining pools? Even if you have the majority of computational power, miners can’t just make up rules; nodes would reject.
@oditorium I think @NickSzabo4 did a great job explaining with http://t.co/EsAudxvkqA
@oditorium As an engineer I see a certain elegance in having a system run by predictable rules that minimize human corruption / interference
@oditorium I suppose it depends on whether or not you consider appreciation of trustless computing to be inherently political.
6) “It is very attractive to the libertarian viewpoint if we can explain it properly. I’m better with code than with words though.” -Satoshi
5) If you aren’t a crypto anarchist who care about being beholden to rulers, you can store your money with a trusted third party.
4) If you aren’t a cyperhpunk who is concerned about privacy, you can hand your info over to services & let them track your money.
3) The beauty of cryptocurrency is that users don’t have to believe in the ideology in order to benefit from the technology.
2) As a technology, cryptocurrency is ideologically neutral. But it’s important to know its historical ideological roots.
1) As Bitcoin becomes more popular I’m seeing more pushback against the “fringe†libertarian and crypto anarchist ideologies.
RT @BitGo: Excited to announce we’ve launched our platform API to secure and scale the next generation of bitcoin businesses! http://t.co/…