pull down to refresh

  1. Self-sovereign: They maintain full control over their own private keys and avoid custodial solutions like the plague.
I control my own private keys, but I don't avoid custodial solutions like the plague. (0.5 pts)
  1. Operate their own full node: They validate the rules independently, contributing to network robustness and ensuring they do not rely on third-party verification.
I operate my own node, but for convenience I also sometimes use third-party verification. (0.5 pts)
  1. Engage in mining, even on a small scale: Whether through modest hardware or lottery-style setups, they participate directly in Bitcoin’s security model.
I have never mined. (0 pts)
  1. Demonstrate a deep understanding of Bitcoin’s monetary principles: They grasp scarcity, decentralization, immutability, and the separation of money from state control.
I think I can discuss this as well as anyone. (1 pts)
  1. Use Bitcoin in real economic activity: They transact in Bitcoin when appropriate, rather than treating it solely as a speculative asset.
Yes, I try to use bitcoin for real purchases whenever I can. (1 pts)
  1. Contribute to the ecosystem: This may include educating others, supporting open-source development, strengthening privacy practices, or advocating for censorship-resistant infrastructure.
I think my contributions to SN count well enough for this. (1 pts)
  1. Commit to long-term stewardship: They view Bitcoin not merely as an investment but as a technological, economic, and philosophical breakthrough that requires responsible participation.
I agree it's a technological and economic breakthrough. Not so convinced about the philosophical part. (0.67 pts)
I'm 4.67 / 7 of a true bitcoiner.
0 sats \ 0 replies \ @Fenix 9h
I thought this came from @cryotosensei
reply
0 sats \ 1 reply \ @kepford 15h
Its not a philosophical breakthrough but rather the application of existing philosophies that are not new. That's what is so fascinating about bitcoin. This attempt I sometimes see to disconnect bitcoin from the ideas that predate it is silly to me.
reply
It is the only decentralised online agorithm that treats all participants equally in contrast to the proliferation of centralised algorithms that harvest data and centralise power and wealth. In this respect Bitcoin is both new, original and philosophically distinct.
reply