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RE: Why Tax FUD actually benefits the Cause of Crypto HODL’ers

in #tax6 years ago (edited)

That link doesn't work.

I was able to make an archive of it just now.

Readers should also see the other reply I made to you discussing why the ASIC fabs also lead to winner-take-all control of Bitcoin.

I'm aware of the issue of mining centralization. Some say that Moore's law will cause centralization to reach an impasse.

The information at the link above is probably different than what you’ve already heard about. The model says that as transaction fees dominate mining revenue then the chain no longer converges unless it is 51% controlled.

Thusly Satoshi didn’t solve the Byzantine General’s Problem after all.

But one of the nice things about open source code such as bitcoin and LN is that if anything nefarious is happening, they will be outed.

But nobody cares and we can’t actually identify the guilty parties. So people will just continue to believe what ever they want to believe, because the identity of miners is obfuscated. It is a brilliant deception. Exactly what we should expect of the elite and their limitless resources.

I developed insulin resistance in early 2016

Your friend should know that those of African lineage are more prone to cardiovascular disease and looks like he allowed his weight to balloon up. I empathize but I mean we have a responsibility to our fitness and diet. I didn’t know up to 80% of filipinos are carrying latent TB infection. I should have known. My fault for not researching before traveling to some poverty stricken place.

Warrior diet. Now. No excuses. My understanding is that you may be able to reverse some of that if you stick to it religiously. I suppose you know more than I do about your prognosis and options. Maybe genetics is the overriding factor.

I’m 5'8" in shoes, and the highest weight I attained was 180 lbs. Max bench press maybe only 265 lbs because I am small boned in my upper body. But my squat was in excess of 400 lbs though (I think multiple reps at that weight afair) because I am larger boned in my legs. Darren Sproles type body and formerly similarly talented in the sport of American football although I would say my running style was (is?) more high knee slasher action visually more like Barry Sanders or Eric Metcalf.

One of the reasons why I'm so fearless in confronting authority is because I sense there are more days behind me than ahead of me.

Ditto. But seriously the Warrior diet is unique. You fast from after dinner until the next afternoon or evening. Only salad for lunch with no dressing. And you eat more on lean meats and spinach, and less on carbohydrates.

The male body needs this. We were made to hunt all day and feast at night. Sedentary and munching all day is really bad for our endocrine system.

Okay here’s mine in late 2014 or January 2015 before I dropped to 121 lbs by August 2015 due to illness. I was already sick when these pics were taken but I was so strong that I was fighting it even though I would crash hard after these gym workouts.

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I was actually overweight here at 180 lbs:

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When healthy version of competitively fit I should look like this:

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Or this:

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You can see the illness in my eyes in above photo which was taken in 2011.

In case anyone doubts whether I was so thin and ill:

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I am paranoid because at Bitcointalk there were callous individualsasshurls who claimed I was lying about my illness or that I was derelict because I couldn’t afford to diagnosis it sooner.

The following pic was taken while I was undergoing the liver toxic antibiotic treatment in 2017 and you can see in my face how harsh and toxic the treatment was:

You can zoom your browser window to gain more resolution on the photos.

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I'm about 80 pounds lighter now and have been on that diet for years anyway. I have reason to believe that the majority of that weight loss was diabetic induced because it was so easy to lose the weight. But it would be nice to get down to my college weight of 185 lbs (I was rail thin then).

The information at the link above is probably different than what you’ve already heard about. The model says that as transaction fees dominate mining revenue then the chain no longer converges unless it is 51% controlled.

Interesting read. I actually do care and will shine a light on such nefarious activity if I find it. Right now is the task of fully understanding it. So after maybe 2 more halving's (this would be around 2024) we either get multiple forks of the chain or a mining cartel? (I think we already have the latter)

But I have understood decentralization not as a boolean variable but as sort of a real number type scale that has the property of cardinality. In other words, a system trends toward decentralization or can trend toward centralization and the units are miners, confirmation nodes, merchants, end users, and Core programmers. So if miners are centrally controlled, that's 20% centralized. The merchants and end users might not cooperate which would cause a fork and then the miners run the risk of mining blocks that are worthless with a huge electricity bill if the rest of the ecosystem doesn't go along.

I don't see how mining coercion can work by itself. Perhaps Core is also compromised, then that would be 40% centralization. I've read somewhere that about 5 employees of Blockstream have some sort of Bilderberg connection which isn't surprising to me, but have doubts how much collusion they could achieve. A logical place to start would be to take a look at those github commits.

So how is consensus not achieved? What can they do if they don't go along with the consensus rules that are baked into the code? All I can see here is that they would have their FedCoin fork and everybody else who wants to get their money back would stay on the "freedom" fork. Or if consensus isn't achieved, it forks into oblivion and worthlessness and we're back under national fiat (probably strictly digital by then). The latter situation eventually boils down into a disaster because of bubble boy IT.

There's also one other doubt I have which has to do with the ability of governments to inflate their fiat (which can't be done in bitcoin currently) and it's an enormous advantage for government that they would have to give up in order to take over bitcoin. The end result is that this cages the government apparatus back into the gold standard paradigm which limits their Keynesian economic model to fund unlimited war.

Thanks for the links! There's a lot to think about here ultimately. For now, just praying for irrational game theoretical assumptions to prevent Nash equilibrium.

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I'm about 80 pounds lighter now and have been on that diet for years anyway. I have reason to believe that the majority of that weight loss was diabetic induced because it was so easy to lose the weight. But it would be nice to get down to my college weight of 185 lbs (I was rail thin then).

But the point of the Warrior Diet is not just to lose weight but also to improve the endocrine system. Perhaps the daily fasting stimulates the endocrine system. And the composition of the diet increases the level of testosterone:

https://blog.jim.com/culture/losing-weight-is-a-solved-problem/
https://blog.jim.com/culture/losing-weight/

I’m not that author’s sycophant. Seems like he wants to go back to the 18th century and repeat what wouldn’t work now. I do enjoy some of his incisive insights and elocution.

Note I added more to my other reply after you upvoted it.

P.S. I presume you appreciate some of my comments even if you don’t upvote all my posts. I don’t want to take all your voting power.

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