• mlg@lemmy.world
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    3 days ago

    Dude was just bored and wanted to implement his idea from his University paper. He was long gone before Bitcoin became a trading commodity instead of a novel currency.

    Of which Bitcoin did it to itself which is why we got hard forks like Bitcoin cash that barely reached $2k when bitcoin was at $70k.

    Not to mention that plenty of superior cryptos came out to replace bitcoin like xrp, monero, etc.

    These posts are often very dumb and never understand that most of these tech innovations are novel ideas from University research that happend to become the latest trend.

    Even LLMs and AI have excellent use cases, yet you’ll see idiots like this crap on it 24/7 like its the antichrist.

    It’s like blaming Einstein for the atomic bomb being dropped on Hiroshima.

    • Birds are not real@lemmy.world
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      3 days ago

      I have always been fascinated honestly by how reductive public discourse often becomes the larger its activity is. And it honestly is rather simple to explain: If an opinion becomes popular, it has no link with its veracity or validity, all it has to do with is how it appeals to common sense and how easy it is to swallow because for it to be popular, it needs to be approachable by all types of humans no matter their social, economical and personal backgrounds.

      It is just like how academic or legal documents often seem classist by the language they use to approach real and proven phenomenons, but the reason their vocabulary is not accessible is because it needs to be nuanced to allow proper human abstraction the reality around us. Whereas the popular vocabulary is common since it’s very nature is to allow exchange with all people.

    • boonhet@sopuli.xyz
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      3 days ago

      Adam Back, who potentially might be Satoshi himself, is the CEO of the company that advised against increasing block sizes. It was more profitable for him if the main chain is inefficient.

      Here’s a decent video on this conspiracy theory

      So there’s some malice involved here, but not sure if the malicious person was Satoshi himself or if Satoshi and Adam are different people.

      • explodicle@sh.itjust.works
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        3 days ago

        That’s still a YouTube conspiracy theory after all these years because it was always bullshit from scammers pumping “Bitcoin Cash”. Everyone downloading everyone else’s coffee purchases to store forever is wildly inefficient scaling.

        The big miners were pushing for increasing the block size because it favors more centralized datacenters and discourages end users from running fully p2p nodes.