That's why I stayed off of Twitter, out of Reddit, etc.
Then, Segwit 2x happened, or more accurately, failed to happen. BCH had already forked, and I knew that bigger blocks were necessary.
I started paying much better attention then...
Post by twetch#622
What I found was that nobody knew what the hell they were talking about.
In fact, I knew far more than they did thanks to my studies in economics.
That's when I got on Twitter and wrote this article:
https://sym.re/MKKCHAR
What the chain says
- Block
- 623 792
- Time
- 2020-02-26T20:42:45Z
- Signer
- 1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#622
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C VerifiedReplies (11)
That article directly addressed the complete and utter stupidity of the BTC approach at the time, and gave a framework to understand why fees acted as they did at the time.
It was my first direct investment in educating others about how this stuff works.
For a long time, I suffered from imposter syndrome. I was an enthusiast, I studied economics for fun, etc. Who the hell am I to tell others how all of this works?
I used that as fuel to educate myself further, more deeply.
Eventually, I realized that I was one of the few people I'd ever encountered who had the right background knowledge and methodology to understand Bitcoin on a deep level, at least where the economics were concerned.
This isn't a boast, or to say I totally get Bitcoin. I still learn something new every day. Part of this was that I hadn't yet encountered those who were also capable of this. Now, I feel I'm in far better company.
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