1/5

Hard Times create Strong Tools.

The invention of TCP/IP, with its fundamentally decentralized and censorship-resistant design, was at least partially driven by the adversarial mood of the Cold War and the nuclear scare.
2/5

Strong Tools create Good Times.

The general optimistic mood of the turn of the century, when people were celebrating the "end of history" and the "dot com revolution", was at least partially driven by the success of the Internet in connecting the world.
3/5

Good Times creat Weak Tools.

The lazy reliance on convenience and trust contributed to weakening the Internet: while SMPT is theoretically decentralized we mostly depend on Gmail today, and the same goes for DNS, localization, social networks (like this one I'm using now).
4/5

Weak Tools Create Bad Times

Today we are very easily censored, blacklisted, tracked, spied upon, in a context where crime-exposing journalists like Assange or peaceful e-commerce innovators like Ulbricht are literally imprisoned/tortured for the way they used the Internet.
5/5

It's time to build Strong Tools again.

Security, Privacy, Verifiability over Convenience and "Muh Shiny UX".

Bitcoin.
(Tweetstorm inspired by a beautiful comment by @dergigi on Telegram🙂)
(Woooooops *SMTP)
There's a nice continuation of this thread by @PeterMcCormack... I'd like to have the knowledge to directly verify his version, but I'm afraid I'm too "not technical" foosball wise, so I'll have to trust!

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More from @giacomozucco

Oct 8, 2024
@sgrettolatore @robertdenico1 Abbastanza d'accordo con voi in generale. Un ascolto comunque interessante, grazie del tag. Provo a mettere giù un po' di punti specifici in modo schematico sperando di non essere troppo prolisso.
...
...
1 METODO
Al di là del merito, il metodo di Hoppe mi piace: è come sempre molto analitico e lucido nel mettere in fila le argomentazioni in modo chiaro e distinto. Premette che il suo è un giudizio "da lontano" e non conosce bene la situazione argentina. Specifica che il suo "diritto" di critica viene soprattutto da il fatto di essere citato (con il suo mentore) come ispirazione principale da Milei, il che cambia il contesto del discorso. Chiarisce alla fine che comunque preferisce Milei ad altri, cosa che salva la critica dal trasformarsi in una Nirvana fallacy totale. Ci sta.
...
...
2 MERITO POLITICA INTERNA
Ci sta abbastanza, anche se la critica sarebbe più potente e completa se incorporasse anche due attenuanti e un chiarimento. La prima attenuante è che l'Argentina non è una monarchia assoluta dove Milei può fare tutto: c'è un governo di coalizione, un'opposizione parlamentare, un deep state burocratico/militare, un'opposizione sociale/culturale/sindacale/economica/finanziaria nel paese, interferenze geopolitiche esterne, etc. Ovviamente la contro-obiezione è che "non dovresti promettere cose se non puoi mantenerle", ma citare queste frizioni secondo me era dovuto.
...
Read 10 tweets
Jul 28, 2024
Just finished to watch the full Trump speech at the Shitcoin Magazine conference.


A thread:👇🧵
1) First of all I hate to have to admit it was both a very entertaining show and a quite relevant piece of Bitcoin history for the ages. As much as I like to give Shitcoin Magazine's scammer shit (which I think they 100% deserve), this was funny, interesting, consequential, huge...an unmitigated success for their conference. I'm still glad I was not there in person to get my biological cavities searched by Secred Service fags, but I did watch it on YouTube, and I think you should too. Kudos to my enemies, when it's due.
2) The speech starts with a reference to the recent attack in Israel. It was a bit weird, admittedly. Not because of the content (my position on the conflict is admittedly a bit convoluted and changing over time, and I'm not going to open that can of worms here, if not to say that the best geopolitical statement in Trump's speech has been about rejecting the traditional perpetual war policy, which is good, and partially consistent with his own time in office), but because it felt forced, off-mood, disconnected, a bit random. But I guess he had to comment on it, since it happened shortly before.
Read 19 tweets
Oct 8, 2022
@MichaelRoerade @BTCJSON1 @Anthony16438428 No, I'd say there's a strict thread model difference:

1) Azteco/BATM: shop owner *may* record your face on security cameras, register the gift card id, connect the two (plus cash serial numbers in extreme cases) and pass the intelligence to the attacker: very low probab.;

...
@MichaelRoerade @BTCJSON1 @Anthony16438428 ...

2) Bisq/Robosats: each individual seller learns for sure an identifiable fiat bank/fintech ID, which *may* be yours (or maybe of your relative/friend/client/local hobo, no strict check, you can use different ones), and he *may* record it and give it to the attacker;

...
@MichaelRoerade @BTCJSON1 @Anthony16438428 ...

3) Hodlhodl/Relai: each individual seller and the platform learn identifiable fiat bank/fintech IDs, which *may* be yours (or maybe of your relative/friend/client/local hobo, no strict check, you can use different ones), and the platform is legally required to keep it;

...
Read 6 tweets
Sep 26, 2022
@_joerodgers @mir_btc @GiorgiaMeloni Traditionally she comes from the "Social Right", which is the most statist part of the post-fascist (thus pretty much statist, even if at least anticommunist) Italian right. Her economic statism is still the same in absolute terms, but since every single other party and ...
@_joerodgers @mir_btc @GiorgiaMeloni ... politician, globally but particularly in Italy, moved towards full communism in the last 30 years, she look almost mildly pro-free-market by comparison. Vocally pro-regulation, pro-spending, pro-deficit, pro-debt, thus implicitly pro-fiat, but almost "anti-tax" if compared...
@_joerodgers @mir_btc @GiorgiaMeloni ...with most other parties. Culturally conservative, thus opposed to the SJW bullshit invasion coming from the States, but not particularly brave or insightful on that side either (common sense opposition to cultural Marxism, nothing extremely "based"). The worst traits are ...
Read 7 tweets
Aug 9, 2022
Bitcoin is not dead nor dying: it's stronger than ever. Bitcoin Maximalism is not dead nor dying: it's stronger then ever.

But my thesis is that the average quality of article about "the Death of Bitcoin Maximalism" is slowly dying. Look at this increasingly cringe obituaries:
Second "antima" wave (2021/2022):

June 2021:
breedlove22.substack.com/p/freedom-from…
June 2022:
medium.com/@nic__carter/s…
July 2022:
pourteaux.substack.com/p/bitcoin-cult…

There's space for a couple more, before the end of this quadrennial menstrual period. But it's impressive to flip through them in sequence:
Read 5 tweets
Jul 3, 2022
Most long-term Blbitcoiners are too tired to engage with this bullshit again, but for the one of you new around here: "PoS" is logically broken (specifically: circular), as explained to Wei Dai in 1998 and as definitely crystalized by Andrew Poelstra here:
diyhpl.us/~bryan/papers2…
Specifically: a method to vote about the current transactional chronology which uses as a weight the current transactional chronology has literally "nothing at stake": it can only work assuming centralized checkpoints, either in code or in social circles ("weak subjectivity").
Since this flaw has made been quite clear in 1998 already (even if not in such a clear, concise & complete way as in the Poelstra paper linked in OP), Nakamoto had to introduce PoW instead to fix it. Yes you read correctly: PoS is a broken 1998 proposal that PoW *fixed* in 2008!
Read 11 tweets

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