If bitcoin were to become successful at breaking the law, i…

Twetch ·

If bitcoin were to become successful at breaking the law, it must not use ASIC, as ASIC makes the competition so capital intensive that it requires the law and submits to it. you cant run a warehouse w/ out a permit, need own military in lawless places
https://twetch.app/t/9cacd8e2570aeb4e02f31216ada148edebc1851a8e94a2c4b9e8814a08cd699c

Replies

Twetch ·

bitcoin works within law and facilitates it. promote the light of it and the shadows are meaningless.

Twetch ·

There will be a balance between agility/mobility, and more hash effective stationary hardware. This balance is for miner capitalists to decide.

Twetch ·

I have a hard time interpreting your statement.

Twetch ·

If you've got a public, more stationary ASIC-farm, it can be seized easily. If you have smaller units dispersed, even if less hash power/unit, you may be able to escape detection and seizure. The entrepreneur must plan according to threat level.

Twetch ·

the latency in distributing a block anonymously is enough to make it economically infeasible. if the hashrate is liquid the pool is a centralized target akin to a warehouse.

Twetch ·

i think he means how monero has the decentralized botnets

Twetch ·

dank gmax pow fork in the event censorship resistance wasnt resistant enough.

segnero

Twetch ·

😂