this post was submitted on 07 Aug 2023
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Nice backgrounder on a bit of BTC meme-ry. Mentions our resident no-coiner @[email protected]

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[–] [email protected] 7 points 1 year ago (2 children)

I wonder, in this supposed apocalyptic future, who is making the semiconductors that will be needed to secure the bitcoin network? Can it really be considered a collapse if we have a 100% working semiconductor industry? How fucking stupid are these people that they don't even ask the first obvious question?

[–] [email protected] 8 points 1 year ago

it's decentralized

[–] [email protected] 6 points 1 year ago

not to mention a 100% working and unified internet; bitcoin’s continued operation is incompatible with all of the likely failure states for the fault-tolerant internet (not that we’ve really got the fault-tolerant one in operation, with how centralized the modern internet is)