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If bitcoin is open source software and the code can be copied, how is it scarce?

148,098 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von Tristan Hillerich
Tristan Hillerichvor 1 Jahr

Loving the tie!

Profilbild von Michael Anton Fischer
Michael Anton Fischervor 1 Jahr

New to Bitcoin? ‘Bitcoin Nation’ offers a comprehensive introduction to Bitcoin’s role in fixing economic and social systems. This book explains how Bitcoin can be a solution to issues like inflation and financial instability, making it more than just a currency.

Profilbild von Stewardship Skip
Stewardship Skipvor 1 Jahr

"glad i wore my orange tie..."

Profilbild von Bobby Shell⚡
Bobby Shell⚡vor 1 Jahr

Understanding network effects will be what is taught in schools next 7-10 years. Just becoming common talk.

Profilbild von Mitchell ✝️🇺🇸
Mitchell ✝️🇺🇸vor 1 Jahr

Bitcoin deserves better critics People who say this must be oblivious to the 1017281719 attempts at making a “better bitcoin”

Profilbild von MarketDraft
MarketDraftvor 1 Jahr

Coding wise, Bitcoin as software isn’t that great. Juxtaposed to other crypto projects, it’s an archaic and inefficient technical dinosaur. The tokens are scarce because there is a limited supply. That’s all.

Profilbild von Salty Thinker - ₿⚡️
Salty Thinker - ₿⚡️vor 1 Jahr

the code is there but no one is willing to walk away from their project and also bitcoin is already trusted and decentralized

Profilbild von Thomas Rezek
Thomas Rezekvor 1 Jahr

Networks are valued by security and adoption. Bitcoin has the best security and adoption which is WHY it has value.

Profilbild von Dillon Maggiano
Dillon Maggianovor 1 Jahr

Arguably also that it's the most expensive to attack, secondary to the current hash rate?

Profilbild von BTC Pulse
BTC Pulsevor 1 Jahr

@BitcoinPierre 💯

Profilbild von Gregg
Greggvor 1 Jahr

He’s so good at his thinking …. Im blocking him.

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Open source software is GREAT. But "open source" AI is NOT like software - it's VERY different. Rob Miles cuts through the bullshit: ROB: Oh, hey, Meta. I heard Llama's weights leaked. That's rough, man. Information security's hard. How you holding up? META: Oh, we're great. Yeah, we're fine. We... actually, that was deliberate. We meant to do that. ROB MILES: Oh, really? META: Yeah... well, the second time anyway. It's called open source. Look it up. ROB MILES: Oh. Well, I love free and open source software, but do those principles really apply to network weights? How does that work? META: Open source is good for users because it lets them read the source code and see what the program is really doing and how it works. ROB MILES: Wait, have you found a way to tell how a model works by looking at its weights? META: No. But, it lets developers all over the world spot bugs in the code and submit patches. ROB: Wait, people are fixing bugs in Llama's weights? META: Well, no. People can fine tune it themselves, though. ROB: ?? Other companies offer fine tuning through APIs. ... So, hang on, if you can't actually read the code and know what it's doing, then network weights are effectively a compiled binary. So, in what sense is this open source? Why not call it like public weights? Why call it open source at all? META: I love open source. ROB: Well, I know a lot of your employees do, but you don't love anything. You're a giant corporation. What's in it for you? META: I love, love open source.

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