📅 Original date posted:2015-09-20
📝 Original message:> Larger user base won't necessarily protect against governments if we
> still have chokepoints they can go after.
Bitcoin will always have chokepoints governments can go after. Hackers
already targeted routers to divert mining traffic awhile back. Bitcoin
traffic is easily seen and blocked by ISP's. It has already been
pointed out that laws against merchants and exchanges cannot be defended
against any other way than to have many people use the system. (As a
developer you, of course, did not mention the threat of having a tiny
number of developers who have significant influence over Bitcoin. It
always amazes me the endless discussion over miners centralization and
almost zero discussion of developer decentralization.)
Increasing the nodes by a factor of 2 or 3 or keeping the block size
small to increase the diversity of miners by a few percent will have
zero effect if those other government threats were to actually happen.
Russ
Milly Bitcoin [ARCHIVE] /
npub1rv…hc5wt
2023-06-07 17:40:35
in reply to nevent1q…q4kh
Author Public Key
npub1rv5ajnhgrc0wq3ulrk6tcjkgsaq8h4rs5rtsvrnklz4j0lw40egqphc5wtPublished at
2023-06-07 17:40:35Event JSON
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"content": "📅 Original date posted:2015-09-20\n📝 Original message:\u003e Larger user base won't necessarily protect against governments if we\n\u003e still have chokepoints they can go after.\n\n\nBitcoin will always have chokepoints governments can go after. Hackers \nalready targeted routers to divert mining traffic awhile back. Bitcoin \ntraffic is easily seen and blocked by ISP's. It has already been \npointed out that laws against merchants and exchanges cannot be defended \nagainst any other way than to have many people use the system. (As a \ndeveloper you, of course, did not mention the threat of having a tiny \nnumber of developers who have significant influence over Bitcoin. It \nalways amazes me the endless discussion over miners centralization and \nalmost zero discussion of developer decentralization.)\n\nIncreasing the nodes by a factor of 2 or 3 or keeping the block size \nsmall to increase the diversity of miners by a few percent will have \nzero effect if those other government threats were to actually happen.\n\nRuss",
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