Bitcoin discussion and news

[Storm Fox]

Nothing is "needed" if you're happy with the status quo.

With DAOs:

Far greater transparency and it's impossible for anyone to nick any sizeable amount of money.
All of the local authority's assets can be audited in a split second in real time.
It's far easier for people to be able to prove entitlement to services, while protecting their privacy is protected - there's nothing to hack.

Even if it were to go wrong, it's easy to where it went wrong, where anyone went wrong - without any coverups.

So would people see who voted for what?

If so, then people are open to intimidation and influence and incentive. Incentives can be paid to those who vote the 'right' way.

 

[Crispy]

A good place to start would be to run a housing association by way of DAO for a local ward. Every resident would be a member of it.

Congratulations, you've invented the housing co-op.

 

[StakerOne]

Or

What is a Layer 0 Blockchain? | Horizen Academy

Layer 0 networks solve three critical problems for web3 development and adoption - scalability, flexibility and interoperability. Learn more in this article

www.horizen.io

or

Layer 0 Definition | CoinMarketCap

Layer 0 is a network framework running beneath the blockchain. It is made up of protocols, connections, hardware, miners, and more that forms the foundation of the blockchain ecosystem.

coinmarketcap.com

FOUND IT!!!!
It 's some marketing BS website

Layer 0

www.layer0.ventures

View attachment 369231

Binance is a crypto exchange that doesn't exactly believe in people. If it did, it wouldn't be running a highly centralised blockchain of it's own.

It's kinda like us English allowing society to decide what cuts the mustard as a word, with the dictionaries reacting to that....

...meanwhile in France, the authorities declare what words are French and expects society to take notice.

 

[StakerOne]

Congratulations, you've invented the housing co-op.

No I haven't, I merely suggesting a housing co-op uses a DAO, like every other entity.

 

[StakerOne]

So would people see who voted for what?

If so, then people are open to intimidation and influence and incentive. Incentives can be paid to those who vote the 'right' way.

No, but we would be absolutely certain of the results.

 

[mojo pixy]

Easy.

You can't practically replace layer 0.

Layer -1 doesn't make any sense.

The people will always be layer 0.

Layer -1 makes sense just fine actually! It could be eg 'nature' (you know, all that other stuff which lives on Earth apart from cryptobros) or 'luck' (that indefinable quality which meant you were born able bodied in a prosperous place). There's a lot of important human stuff missing from your err analysis.

 

[kabbes]

Collect underpants Use Bitcoin

 

[Storm Fox]

Layer -1 makes sense just fine actually! It could be eg 'nature' (you know, all that other stuff which lives on Earth apart from cryptobros) or 'luck' (that indefinable quality which meant you were born able bodied in a prosperous place). There's a lot of important human stuff missing from your err analysis.

The basic unit of magic is the thaum, but the thaum is in turn made up of particles known as "resons" (literally, "thingies") or reality fragments. These are in turn composed of five "flavours": up, down, sideways, sex appeal and peppermint

++?????++ Out of Cheese Error. Redo From Start.

 

[StakerOne]

Layer -1 makes sense just fine actually! It could be eg 'nature' (you know, all that other stuff which lives on Earth apart from cryptobros) or 'luck' (that indefinable quality which meant you were born able bodied in a prosperous place). There's a lot of important human stuff missing from your err analysis.

Well layer 1 is already taken, it's the blockchain itself.

 

[Storm Fox]

Well layer 1 is already taken, it's the blockchain itself.

Please reference there you get your version of Layer 0 from. All I could find are variations on the information I posted up thread regarding Layer 0.

 

[StakerOne]

Please reference there you get your version of Layer 0 from. All I could find are variations on the information I posted up thread regarding Layer 0.

It's an opinion. You won't find technical papers anywhere declaring the people as layer 0.

However, it's an opinion shared by many, inlcuding the team over at Bankless.

If the actual community, the people who use blockchains decide which fork wins when there is a fork, then the people play a vital role in the running of a blockchain.

You can't take people out of the equation.

 

[kabbes]

You can't take people out of the equation.

Looks like we finally got there.

 

[StakerOne]

Looks like we finally got there.

No we didn't.

You are argueing that we shouldn't use trustless systems because they can't take into account all sorts of things around people.

That is absolute bollocks.

We all know and recognise that we can misunderstand each other when using the written word in communications, yet text messages, instant messengers and emails have flourished.

Yet blockchain and smart contract opponents say the technology is flawed AND won't get anywhere because it can't take into account every single situation.

It doesn't need to anymore than any other technology. When it's promoted, there is always pushback along the lines of "Prove to me how the fuck this is the solution to everything, explain to me how it will do everything!!"

Don't need to. Bit by bit moving forward inch by inch there are benefits ........ so ........ starting from the ground up and community grass roots level, a small organisation can be run more effeciently without worrying whether Fred will run off with the funds.

Most importantly, people can build without their work being destroyed one day by some cretin, or even worse, by the authorities.

I repeat. People can do what the fuck they want and if you don't like it, you can simmer.

 

[kabbes]

Jesus

 

[mojo pixy]

No we didn't.

You are argueing that we shouldn't use trustless systems because they can't take into account all sorts of things around people.

That is absolute bollocks.

We all know and recognise that we can misunderstand each other when using the written word in communications, yet text messages, instant messengers and emails have flourished.

Yet blockchain and smart contract opponents say the technology is flawed AND won't get anywhere because it can't take into account every single situation.

It doesn't need to anymore than any other technology. When it's promoted, there is always pushback along the lines of "Prove to me how the fuck this is the solution to everything, explain to me how it will do everything!!"

Don't need to. Bit by bit moving forward inch by inch there are benefits ........ so ........ starting from the ground up and community grass roots level, a small organisation can be run more effeciently without worrying whether Fred will run off with the funds.

Most importantly, people can build without their work being destroyed one day by some cretin, or even worse, by the authorities.

I repeat. People can do what the fuck they want and if you don't like it, you can simmer.

I think it's the petulant foot-stampy tone which is most convincing. Just not in the way you might think.

 

[kabbes]

I think it's the petulant foot-stampy tone which is most convincing. Just not in the way you might think.

I think it’s the telling of other people what they “want” and the complete misunderstandings/misconstruals of what he is being told.

 

[mojo pixy]

I think it’s the telling of other people what they “want” and the complete misunderstandings/misconstruals of what he is being told.

Also the switching at will between people are sovereign and trust the code. The cognitive dissonance is built-in at level zero (if i might appropriate the phrase), so we don't even need to supply our own.

 

[StakerOne]

I think it's the petulant foot-stampy tone which is most convincing. Just not in the way you might think.

I do not wish to control people. I do not see people as the problem, but the solution.

I do not aspire to be middle class, with all the authoratarian trappings that comes with it.

I have nothing but contempt for British banks that are discriminatory in nature compared to banks abroad.

The best thing that could happen to this country is the downfall of it's banks.

 

[StakerOne]

Also the switching at will between people are sovereign and trust the code. The cognitive dissonance is built-in at level zero (if i might appropriate the phrase), so we don't even need to supply our own.

The two aren't incompatible. You'd know that if you'd bothered to think for yourself rather than have a team of overpaid middle class cunts do it for you.

 

[mojo pixy]

Righto. Nothing like being called an unthinking robot to garner sympathy. Anyway..

 

[NoXion]

The two aren't incompatible. You'd know that if you'd bothered to think for yourself rather than have a team of overpaid middle class cunts do it for you.

It's really funny when crypto bros who brag about receiving thousands of pounds for doing fuck-all try to play up the class angle.

 

[pbsmooth]

I see localbitcoins is shutting down. first place I ever bought and sold BTC, back in about 2016 I think.

 

[Rob Ray]

I wonder how long Staker is going to simmer before he decides The People are idiots for ignoring his grand plan to liberate everyone by helping them vote for balls-out capitalism with extra steps, and embraces his destiny as dictator for our own good and future freedoms.

 

[StakerOne]

It's really funny when crypto bros who brag about receiving thousands of pounds for doing fuck-all try to play up the class angle.

Wait till you find out about the lottery.

 

[StakerOne]

I wonder how long Staker is going to simmer before he decides The People are idiots for ignoring his grand plan to liberate everyone by helping them vote for balls-out capitalism with extra steps, and embraces his destiny as dictator for our own good and future freedoms.

They aren't though.

As for delusion that I have aspersions of great power .... It seems you don't yet understand what decentralisation is all about.

While disappointing, not at all surprising.

 

[NoXion]

Wait till you find out about the lottery.

The important difference being that those promoting lotteries generally don't present them as anything but a form of gambling. Unlike the wild claims and prognostications made for crypto.

 

[Rob Ray]

It seems you don't yet understand what decentralisation is all about.

Hun, don't take this wrong way but you wouldn't know decentralisation if it hit you in the face with a halibut. You' haven't the first idea what anti-authoritarianism is and have shown your ignorance on the subject many times over. In fact I think the last time I started ignoring you was when you embarrassed yourself by not knowing what anarchist communism was, showcasing such a stunningly dull-witted lack of inquiry into the subject of authority that it became clear you weren't worth talking to. On which note, back on ignore you go.

 

[beesonthewhatnow]

I repeat. People can do what the fuck they want and if you don't like it, you can simmer.

“I want to do whatever the fuck I want”

That’s all this is. It’s all you’ve got.

 

[StakerOne]

“I want to do whatever the fuck I want”

That’s all this is. It’s all you’ve got.

Freedom. You may have heard of it. Do you remember that? Freedom?



A great video on Bankless concerning what is going on in the US re crypto.

 

[StakerOne]

The important difference being that those promoting lotteries generally don't present them as anything but a form of gambling. Unlike the wild claims and prognostications made for crypto.

It's an entire economy. Fact. Get over it.