
I’m willing to admit I could feel out of my depth here, it just seems like putting everything on Luke Dash to maintain knots an equally bad problem. I’m for the idea that discussed on a recent podcast where there exists many versions of this to decentralize it more. I guess I’m trying to understand if this is about game theory then the market wipes away the BS on chain.

I’ve been very surprised how people like and others I have massive respect for have quickly started running knots. Probably the first time I’ve disagreed with key influencers. I can’t wrap my head around the idea of needing to censor to keep something censorship resistant. It literally goes against all the game theory talk. I also have a hard time understanding who these knots maintainers are, it just seems like a small group or Luke himself. What exactly is their end game?

Lots of legit influencers running knots, people I respect, however their idealism reminds me of the cobra problem. Be careful. This makes me want to run core. It almost seems like the knots side wants to keep bitcoin censorship resistant money by censoring it. Personally I believe in satoshis game theory and the incentive structure plays out accordingly. For reference The “cobra problem” in India is a classic story about perverse incentives—a situation where a well-intended policy actually makes the problem worse. Here’s the background: • During British colonial rule in India, cobras were a major danger, especially in urban areas like Delhi. • To reduce the population, the government offered a bounty for every dead cobra. At first, this worked—people hunted cobras and turned them in for payment. But then an unintended consequence emerged: • People began breeding cobras just to kill them and collect the bounty. • When the government discovered this and ended the program, breeders released their now-worthless cobras into the wild. • The end result: the cobra population actually increased, making the situation worse than before. This is where the term “cobra effect” comes from—used in economics, public policy, and business to describe when an attempted solution to a problem ends up exacerbating it because of misaligned incentives. https://x.com/l0lal33tz/status/1971319651675041960?s=46&t=SNs3cwvowySK5TqLOVkIhQ I would rather listen to and others, than people’s emotional idealism.

is someone in this space that is really growing on me.

watching you navigate Dave Collum, impressive. Funny how guys like him, Brent Johnson, Keith Weiner, & Peter Schiff don’t understand the non-cooperative game theory of bitcoin. Not sure if you read Nash and the Bitcoin equilibrium yet.
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