Re: What is your take on Bitcoin Knotz? Bitcoin node and wallet by Luke Dashjr
⭐ Merited by gmaxwell (2)
The coming changes to Bitcoin Core would force node runners to host all kinds of garbage including images of child pornography
and other useless or even illegal material. That is no exaggeration. Since it is against the law to host CP on your computer every node runner
would become potential targets of the criminal justice system, through no fault of their own. Which is why I switched to Knots long ago.
This would provide governments with a legal justification to shut down bitcoin completely or at least outlaw it in their respective country.
This is not true. Neither developers nor other users would be responsible for CP on bitcoin. It is the same with freenet and other p2p networks.
It doesn't matter if individual node runners are prosecuted or not.
CP on bitcoin can be used as a justification to shut bitcoin down or make it illegal.
In your opinion, that may be the situation. At best, that's merely theoretical because it probably is easier to shut down those shitcoin networks which actually encourage dick pics and fart sounds. BUT in practice, none of that happened.
Quote
The laws on this issue vary by state and country, and laws can change at any minute especially
in regards to a relatively new technology like bitcoin.
The law also states that intent matters.
Quote
Regardless of the legality, the negative publicity would be extremely damaging to bitcoin when the public
starts associating bitcoin with child pornography. It is an incredibly stupid and pointless risk to take with zero benefit.
Bitcoin already has plenty of haters, why give them more ammunition? You are handing them a gift.
[/quote{
Concern trolls LOVE to use THAT as their argument. But Bitcoin continues chugging along, producing block after block despite all of the FUD.
Nation-States are buying in, by the way.
Quote
These retarded changes do nothing to improve bitcoin as a monetary asset. Bitcoin is currency, not a fucking vehicle for
random image hosting. Why are idiots so hellbent on turning bitcoin into Instagram or OnlyFans? It is truly bizarre.
Fortunately, Bitcoin Knots has exploded from less than 1% to 20% of the nodes since the pull request was announced.
And its share will only keep growing. Very few will be upgrading to Core 30 when it is released.
Since there is no consensus, I would be surprised if Core 30 ever reaches more than 10% of all the nodes.
The other 90% will consist of Bitcoin Core 29 and Knots.
Who cares what YOU personally believe what Bitcoin "should be". If it could be something else that gives person a sort of utility that he/she needs, then who are you to say that that's "not allowed".
¯\_(ツ)_/¯