Marty's Ƀent

Issue #1308: More discrimination against bitcoin miners

This type of repulsive and counterproductive discrimination needs to end.

Marty's Ƀent

Issue #1292: Perfectly Perverse Incentives

When people can't save their hard work in a good money they will find themselves living lives filled with bad things.

Marty's Ƀent

Issue #1150: The path to peace and prosperity

Most humans do not recognize this potential yet

Marty's Ƀent

Issue #1146: The China pull is strong

Hopefully the public begins to have more serious and introspective conversations about this growing ethical dilemma.

Marty's Ƀent

Issue #1138: The network is very secure

Luckily for the world, there is not much to worry about at the moment in regards to the security of a transaction that has been confirmed and is sitting underneath many blocks.

Marty's Ƀent

Issue #1136: The incentives are screwed: exhibit 21,212

How would the incentives change if there was no ability for bureaucrats to access a money printer?

Marty's Ƀent

Issue #1120: They have made plunder the norm

We can continue to spiral into complete decay by furthering the normalization of plunder, taking our society into a darker and darker state.

Marty's Ƀent

Issue #1105: Accelerating the flywheel

This is how I believe we bring the world a sufficiently distributed and robust open monetary system that cannot be controlled or co-opted by any centralized entity.

Marty's Ƀent

Issue #1077: More unsolicited thoughts on ESG

I know, I know, I know. Some of you may think Crazy Uncle Marty's anti-ESG schtick is getting a bit nauseating.

Marty's Ƀent

Issue #1064: Execution risk is important

Is the type of incentive system you want running on the back end of your monetary system?

Marty's Ƀent

Issue #948: Bitcoin governance and precedent with Taproot activation

Precedents matter and a big one is potentially about to be set in the form of the way Taproot is (or isn't) activated.

Marty's Ƀent

Issue #895: Zebedee Announces Infuse

It won't be long before we see large eSports tournaments replace cuck buck grand prize winnings with fat stacks of sats.

Marty's Ƀent

Issue #830: Disruption beyond money and tech

The Truth machine is incentivizing individuals to spread the Truth.

Marty's Ƀent

Issue #779: This is a problem

The good thing is it doesn't have to be this way. We can slowly but surely get back to a world that respects the individual and his money.

Marty's Ƀent

Issue #707: Systemic risks exist

"Show me the incentive and I'll show you the outcome." - Charlie Munger

Marty's Ƀent

Issue #596: Quality explainers on how Bitcoin works

BP and Exxon are currently capping and consuming LESS THAN A QUARTER of the excess oil and gas they produce on site. This is deplorable. We need to pump these stats and Bitcoin mining is the way this happens.

Marty's Ƀent

Issue #451: Stake is on the menu

This, naturally, leads to pointing out the glaringly obvious vulnerability of these types of services heavily centralizing Proof of Stake chains since exchanges are able to offer interest rates above the market rate due to their economies of scale.

Marty's Ƀent

Issue #387: Bitcoin, incentives, and rationality

When it comes to Bitcoin, there are three main incentive drivers, as you can see from the screenshot above. What I find extremely fascinating and even exciting is the fact that we do not have certainty around the third main incentive driver; transaction fees.

Marty's Ƀent

Issue #386: Alien technology

It looks like after a couple of months of a continued decrease in the mining difficult has caused hashrate to level off and even begin to increase a bit as the price stabilizes in the $3,200 - $4,500 range for a bit here.

Marty's Ƀent

Issue #320: A Sunday tale for your Tuesday morning

What we learned towards the end of last Summer is exactly what Matthew is describing in his thread, node operators ultimately decide what Bitcoin is and miners are contracted out to secure the network and collect block rewards and transaction fees for their service.

Marty's Ƀent

Issue #319: PoW is extremely efficient

The fact Bitcoin has created a beautiful incentive system to make sure we humans are as efficient as possible when it comes to the consumption of energy is lost on most people, especially those championing PoS; a materially less secure and economically unfair system that favors incumbents.

Marty's Ƀent

Issue #316: Matt called it

We should all be watching this closely as I believe this will be a growing trend, especially if Ethereum ever successfully transitions to PoS (I don't think that will happen).