!hZDQygxWReEHtHgVUv:matrix.org

PricelessCrypto

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This is a room about all things cryptocurrency related, except for the price. We believe that the current atmosphere of the cryptocurrency world has been poisoned by speculation, and it is drowning out discussion of true technological innovation. Rules: 1. Be excellent to each other. 2. No price or market talk (this includes amounts). 3. No talk about mining hardware, other than theoretical/high level discussion. 4. No links to other Telegram groups without prior approval. 5. Politics, Religion, and Race are strictly off topic. Mention them, and risk a ban. 6. No referral links. No URL shorteners. No exceptions. 7. Be tasteful. This encompasses comments and memes that are inherently divisive. 8. Satoshi can, at any time, reveal themself with a cryptographic signature. Speculation on their identity without this signature should remain light. 42 Servers

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19 Jan 2021
@telegram_297094351:t2bot.ioKatie CharmBut if you chose not to play *any* game of language at all, your ability to interact with the world would be severely crippled. All modern civilization depends on it. You wouldn’t even be able to read this sentence.23:37:31
@telegram_297094351:t2bot.ioKatie CharmStarting a couple tens of thousands of years ago, the first structured religions began to form (along with the advent of writing). By participating in these ‘games’ people were alleviated from the burden of existential dread, and they also had a guaranteed set of theological rules and values they could use to communicate with each other. In our modern world we have begun doing away with the benefits of playing a game of religion, but there are still benefits. For example, if you refuse to play such a game in a country like Saudi Arabia you may lose your life or freedom.23:39:43
@telegram_297094351:t2bot.ioKatie CharmBlockchains are also games. The things that create good blockchains are also principles of good infinite game design - equity, fairness, accessibility, etc23:40:33
@telegram_297094351:t2bot.ioKatie Charm* But if you chose not to play *any* game of language at all, your ability to interact with the world would be severely crippled. All modern civilization depends on it. You wouldn’t even be able to read this sentence.23:41:36
@telegram_297094351:t2bot.ioKatie CharmGood infinite games are played because they offer overwhelming natural advantages to participants. Bad infinite games are played through force and threats of violence. Monero is a good infinite game, played because it is well designed and offers overwhelming advantage for participants. The US Dollar is a bad infinite game because it is only played due to participants being forced to by the government.23:44:48
@telegram_297094351:t2bot.ioKatie CharmThat is heavily simplified (sure the US Dollar isn’t all bad) but hopefully you catch my general flow.23:45:57
@rxy:bar.lerp.comrxytl;dr there's a benefit to being involved with Monero, therefore, people are involved with Monero23:52:59
20 Jan 2021
@telegram_297094351:t2bot.ioKatie CharmSure but it also gives a basis for *why* premines and dev taxes and shit are so bad - they destroy the equitable principles of the infinite game they are trying to spawn.00:00:58
@telegram_499993747:t2bot.ioTiedToAStarI swear the tape is looping00:25:03
@mrmuffles:matrix.orgMrMufflesHow do you think the govt might try to regulate crypto if enough money goes into it?02:52:52
@copenhagen_bram:matrix.orgcopenhagen_bramYou mean besides what they're already doing? Requiring exchanges to do KYC, taxing cryptocurrencies?02:54:23
@omega_x:matrix.orgomega_x Travel rule
Declare wallet addresses
etc
02:54:59
@copenhagen_bram:matrix.orgcopenhagen_bramMaybe they'll make an official permissioned crypto USD. And it would still be better than credit cards in my opinion02:55:04
@omega_x:matrix.orgomega_x FinCen is here to fuck us up 02:55:09
@copenhagen_bram:matrix.orgcopenhagen_bramWell... more secure than credit cards, at least02:55:28
@omega_x:matrix.orgomega_x all countries will have digital , traceable cureencies 02:55:59
@copenhagen_bram:matrix.orgcopenhagen_bramI just really hate how I have to stick my credit card in someone else's machine, type my pin on their machine, and trust them not to empty my bank account02:56:05
@copenhagen_bram:matrix.orgcopenhagen_bramI'd go for a US cryptocurrency if it uses proven cryptography and addresses, even if it's permissioned and censorable. If it's secure, and they can get everyone to use it instead of credit cards, that'd be great.03:00:57
@telegram_350223052:t2bot.ioBo 80
In reply to Katie Charm
Starting a couple tens of thousands of years ago, the first structured religions began to form (along with the advent of writing). By participating in these ‘games’ people were alleviated from the burden of existential dread, and they also had a guaranteed set of theological rules and values they could use to communicate with each other.
I don't agree fully with what you have said but I understand the reasoning behind it. I don't want to start a discussion about game theory/languages etc. But wanted to point out that we (modern, civilized Western World 🥴) actually know how to play the game of religion. If Corona hadn't happened we would still be in war against the bad, bad Muslims. Communism was in the past, now we found an invisible enemy. Tadaaaa "covid19" a virus which by definition isn't a life Form, hence cannot be killed
04:52:52
@telegram_350223052:t2bot.ioBo 80BTW thx for taking your time and answering my question04:53:37
@telegram_297094351:t2bot.ioKatie CharmI would also argue that finding a non-exploitable way to incentivize full nodes would be super fucking important06:10:44
@telegram_297094351:t2bot.ioKatie CharmBut also that would require essentially solving Sybil, or making some serious sybil resistance06:11:02
@telegram_297094351:t2bot.ioKatie CharmAt the risk of saying something stupid, what if people had to mine the right to be a full incentivized node, and only a trickle of new vested nodes were allowed at a time? The network agrees to send a certain % of mining rewards to full nodes, but only vested full nodes. Anyone can be a full node, but only full nodes which get lucky get vested and get to share in the node reward. Every block there is a small chance any existing nodes might get ‘vested’ and be eligible for incentives, and the rate that nodes get vested varies over time with the needs of the network.06:13:41
@telegram_297094351:t2bot.ioKatie Charm* At the risk of saying something stupid, what if people had to mine the right to be a full incentivized node, and only a trickle of new vested nodes were allowed at a time? The network agrees to send a certain % of mining rewards to full nodes, but only vested full nodes. Anyone can be a full node, but only full nodes which get lucky get vested and get to share in the node reward. Every block there is a small chance any existing nodes might get ‘vested’ and be eligible for incentives, and the rate that nodes get vested varies over time with the needs of the network.06:14:42
@rxy:bar.lerp.comrxyI really think Iota is clever in that regard, maybe they didn't get it right but it's a cool idea (re: sending a transaction requires approving 2 other transactions) with no mining.06:51:26
@telegram_514336554:t2bot.iomidipoet
In reply to @copenhagen_bram:matrix.org
Well... more secure than credit cards, at least
Credit cards provide scam/fraud insurance, which is handy. Not sure if Digi-USD will
09:23:30
@msavoritias:matrix.nomagic.ukmsavoritiasIf its centrally controled and trnasparent for the regulator like credit cards are I dont see why not12:28:21
@telegram_514336554:t2bot.iomidipoet
In reply to @msavoritias:matrix.nomagic.uk
If its centrally controled and trnasparent for the regulator like credit cards are I dont see why not
I don't see how they can if it's not a credit based system
13:04:00
@foz006:matrix.orgfoz006 joined the room.13:22:16
@foz006:matrix.orgfoz006 left the room.13:24:26

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