I think it's good that you're nutty about home mining so I'm not going to push back too hard on details. Just realize that we don't really know how bad it is, also because we don't have a clear insight into all secondary binding factors, like how many of those commercial assets are financed and under what terms. Pool centralization is the most visible, but not the most impactful metric, because pools can be switched out of rather painlessly. But the solution is the same. More home mining. Doesn't matter at which scale for now, and hopefully it won't ever matter, but there's a chance that it will at some point, and then we better have 50% of the miners building their own templates if we want continuity.
I think though that listening to indoctrination attempts by Mechanic is kind of purposely gaslighting yourself. It does not matter what he says or how right it sounds. They attacked bitcoin, and they failed. I feel a very strong need to move on from their malice and actually fix things. Not with a coup, but with real solutions. That get actual buy in. With solutions that aren't divisive.
Because from where I am sitting, what they did, including some of the people still at Ocean despite their bullshitting attempts now claiming that they never believed in it, has harmed the cause we're both behind (a truly decentralized bitcoin) more than it has helped. It has destroyed credibility. It has turned Bitcoin into a clown show and I'd really like to move on. Away with the wannabe authoritarian failures. You cannot top-down force decentralization; you have to incentivize it, and do it yourself.
So I like this post a lot more than the other one.
I think it's good that you're nutty about home mining so I'm not going to push back too hard on details. Just realize that we don't really know how bad it is, also because we don't have a clear insight into all secondary binding factors, like how many of those commercial assets are financed and under what terms. Pool centralization is the most visible, but not the most impactful metric, because pools can be switched out of rather painlessly. But the solution is the same. More home mining. Doesn't matter at which scale for now, and hopefully it won't ever matter, but there's a chance that it will at some point, and then we better have 50% of the miners building their own templates if we want continuity.
I think though that listening to indoctrination attempts by Mechanic is kind of purposely gaslighting yourself. It does not matter what he says or how right it sounds. They attacked bitcoin, and they failed. I feel a very strong need to move on from their malice and actually fix things. Not with a coup, but with real solutions. That get actual buy in. With solutions that aren't divisive.
Because from where I am sitting, what they did, including some of the people still at Ocean despite their bullshitting attempts now claiming that they never believed in it, has harmed the cause we're both behind (a truly decentralized bitcoin) more than it has helped. It has destroyed credibility. It has turned Bitcoin into a clown show and I'd really like to move on. Away with the wannabe authoritarian failures. You cannot top-down force decentralization; you have to incentivize it, and do it yourself.
So I like this post a lot more than the other one.