/biz/ - Business & Finance

Tip: Roger is an asset.

Yes, he is an 'asset'. You know what that means dont you anon.

His brief is to manoeuvre bitcoin (by making "bitcoin" mean his own project known as BCH, which is something he is very very explicitly trying to do very hard) into a technical system state where it can be mechanically captured by state interests via legal/political means in the same way the DNS system was, for example. Remember how those "This website has been seized by the US Department of Justice/Immigration and Customs Enforcement" domain confiscations just started happening to sites worldwide out of nowhere one day a few years ago, after 30 years of the DNS system existing more or less unmolested? Yeah, like that, because DNS is decentralised but NOT distributed, it is hierarchical in the same way BCH mining aims to be, with everyone else just running light nodes. Isnt that a funny coincidence.

The miners would be analogous to the root DNS zone servers and ICANN which controls their contents, whom the US govt go to and legally compel the seizures from. One day decades after youve lambo'd, your assets on every address the govt thinks you own can be frozen worldwide website seizure style via legal compulsion of miners, who have warehouses full of hardware to forfeit to the state if they fail to comply, because you forgot to pay your taxes on that stash back in the 2010s.

The technicals matter anon, you cant just handwave this shit away because you dont really understand it.