10 sats \ 1 reply \ @0207a984de 9 Dec 2023 \ on: On Ocean Mining Pool, Inscriptions and Luke bitcoin
I'm not a fan of the analogy of fair trade coffee. I understand the point, but I would argue even "fair trade coffee" is a profit-driven motive designed to attract customers who care about it and build a reputation that marks their own shop as more moral than other shops, in order to bring in more business.
But similarly, perhaps Luke's decision is also profit-driven in the long-run. That Bitcoin's value proposition is greater than short-term fee maximization, and that ensuring Bitcoin is "spam-free" however he wants to define it, ensures that it can be used as a transaction mechanism to whatever degree it possibly can, and not a cloud JPEG storage server as it's primary function.
The survival of Bitcoin could bring more fees into Ocean long-term. But it's a bet, just like choosing fair trade coffee is a bet. We'll have to see.
I mention kilowatts earlier #345253
Language has always been important to me. If my mom found out I lied I would get my ass beat. As I got older I could take a beating more and more and I could learn to lie better and better. Eventually I learned that if I didn't do anything that harmed others I wouldn't have to lie.
The very sophisticated business people of this world whether they are evil or they are good both understand that lying has karmic (kilowatt) consequences. The evil ones will convince someone else to lie, cheat and steal and build an empire of soldiers to do this. However at the top they document everything very precisely. The good ones will do the same but they build an empire based on integrity and honesty. The lines get blurred but as soon as discrepancy is found it is corrected to sell the lie or reinforce the truth.
This is why Movies exist showing dystopia and why product labels are full of poison. If it is written (karma, action, kilowatt production) then by extending labor to consume the product you are in essence accepting the consequences.
If a product brags about good practice and good ingredients then that product benefits from the purchasing power of moral people. Moral people are investigators. They will do the work to find the truth because it is important to their well being. On the other hand virtue signaling is shallow and the energy is low in these individuals they end up being soldiers in an evil man's army.
Many came to Bitcoin for the real money. After investigation they changed. Some maintained their evil and some maintained their good. Some changed. By being thoroughly honest we can access the kilowatts by producing them. With a network affect we help others succeed and that power increases. It's human action. When energy is concentrated in too small an area it will radiate or explode.
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