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/biz/ - Business & Finance


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16137073 No.16137073 [Reply] [Original]

Here's the real crypto redpill:

Craig Wright is unironically Satoshi Nakamoto. Blockstream - owned by Bilderberg group - intentionally crippled BitCoin by refusing to raise the blocksize cap as was the original design, this caused the adoption and growth in BitCoin to stagnate and collapse due to the artificially high transaction fees imposed by tiny blocks. BitCoin would be at least $50,000 by now if it wasn't for Blockstream, they don't want BitCoin to challenge the central banking system which Craig has spoken out against multiple times.

The original BitCoin protocol lives on as Bitcoin SV (Satoshi's Vision). Craig's company nChain has been hard at work to eliminate the CPU bottleneck in the Bitcoin node software which was originally only single-threaded, rumour has it BSV miners are upgrading to Xeon Phi processors (64 cores) which the code is now being optimised for (thanks to the work by Steve Shadders). This is due to be finished by February 2020 for the Return to Genesis upgrade which will remove all limits in the BSV protocol code and lock down the protocol, with the software limitations removed BSV will be ready for unbounded scaling with the short term goal of sustained 1 Terabyte blocks and millions of transactions per second.

This breakthrough in cheap free-flowing data and sound instant money will create a 4th Industrial Revolution as companies compete to start making ever more powerful computers, faster bandwidth, cheaper and more electricity to mine the Bitcoin blockchain. Mining will be the biggest and most advanced industry on Earth, an expected Bitcoin price of millions of dollars is not unreasonable at this level of scale.

>> No.16137077

Craig Wright partnered with Billionaire Calvin Ayre see the destruction of the BTC fork of Bitcoin to be their short-term top priority. They intend to do this by building up a majority of the hashpower on the BTC chain in stealth by hiding their hash on other pools, over time as the difficulty increases existing BTC miners will go out of business and stop mining, further increasing their percentage of hash, Craig and Calvin can also afford to mine at no profit or at a loss. Mining is a Red Queen game so hardware gets outdated very quickly, because of this all of Bitmain’s old hardware is obsolete, by mid-2020 only 10nm and 7nm machines will matter, this is what Coingeek and Squiremining have been investing in heavily.

The purpose of this? In May 2020 BTC will have a halving and enter its 4th Reward Era, lowering the block subsidy to 6.25 BTC per block. Craig and Calvin intend to pull all their hash over to BSV after this happens causing a chain death spiral event in BTC while selling the Satoshi coins and buying BSV, this will cause the price of BTC to crash to $1-100 and the price of BSV to skyrocket. The BTC chain will eventually recover from its chain freeze after a few months but it will be forever crippled and BSV will be shown to be the real Bitcoin.

>> No.16137087

>>16137073
CSW has a troubling history. Sources:

fake gpg keys - https://archive.is/v8kfs
fake blog post announcing whitepaper - https://archive.md/U0tEU
fake contracts and emails - https://archive.is/O0CHg

csw caught plagiarizing papers
https://archive.fo/54ozc
https://archive.fo/fBOEU
https://archive.fo/OdzT5
https://archive.fo/BMi2v
https://archive.fo/NixSh#selection-241.0-241.252

creg caught lying to us court - https://archive.fo/siWpg
creg fined by australian govt for forgery - https://web.archive.org/web/20180413215502/https://www.scribd.com/document/372445140/Exhibit-12

>> No.16137089

C O P E
O
P
E

>> No.16137097

>>16137087
>>16137089
Here come the Blockstream shills

>> No.16137102

>>16137097
Seethe

>> No.16137103
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16137103

>>16137073

>> No.16137135
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16137135

>>16137087

>> No.16137176

>>16137135
>firefox_S5P
pajeet opsec

>> No.16137218
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16137218

>>16137087

>> No.16137295

>>16137073
Bumping this based oc pasta. 2020 is coming and the good side is posed for two major victories. Trump and Satoshi. And btw, rumors has it Craig has helped Trumps team to unroll the deep state cabal by his knowledge of tracing crypto (anon coins like monero too)

>> No.16137310

>>16137218
creg, drink some wine and go lie down. We should be delivering another round of depositions to current (and former) nChain employees this week. From what we've learned so far this case is advancing past a simple civil case. Things are not looking good for you. What happens if Calvin gets drug into this? Not good.

>> No.16137347
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16137347

CRAIG WRIGHT allowed
CHILD PORNOGRAPHY, immutable, on
BSV

>> No.16137359

>>16137073
I hae 47 BSV and just got banned from plebbit/BSV because they are all a bunch of commie faggots. when will I finally get rich on this shitcoin Im sick of their stupid "community" and craigs autistic antics. when moon sir?

>> No.16137364
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16137364

>>16137347

>> No.16137367

>>16137359
That's fucked up, mate. There's nothing worse than reddit faggots.

>> No.16137385

>>16137364
You faggots seem to not recognize that you are supporting a project that literally REQUIRES child pornography to function.

Proud to remind everyone of that. Eat dick pedo apologist

>> No.16137406

>>16137073
> Craig Wright pulls out of 500,000 BTC settlement, Kleiman trial back on

cryptoslate.com/craig-wright-pulls-out-of-500000-btc-settlement-kleiman-trial-back-on/

>> No.16137437
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16137437

>>16137406
Falling this easily for fake news

>> No.16137451

>>16137406
Nah that's bullshit pajeet news from a literal pajeet https://cryptoslate.com/author/priyeshu-garg/
Here's the real reason why
https://coingeek.com/calvin-ayre-passes-on-buying-dave-kleiman-estate-because-it-holds-no-assets/

>> No.16137457
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16137457

>>16137364

I cant wait until Feb 2020

>> No.16137462

>>16137406
https://coingeek.com/calvin-ayre-passes-on-buying-dave-kleiman-estate-because-it-holds-no-assets/
https://medium.com/@craig_10243/on-scammers-a-redux-b194e5185453

>> No.16137480

>>16137367
not gonna lie m8 it hurt my feelings for a little bit

>> No.16137484

>>16137364
LOL
with the search history he must have to have found all those pics, I guess he is under heavy surveillance

>> No.16137502

>>16137484
do a reverse search. They are all in the public domain pedo apologist.

Hope you get assraped to death in prison.

>> No.16137533
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16137533

>>16137437
>he's a literal cart pusher
The absolute state of BSV shills...

>> No.16137534
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16137534

>>16137502
>Constantly searching for and posting pics of children
>Get called out for it
>N-N-NO YOU ARE PEDO
Hahaha

>> No.16137570

>>16137534
>work as a cart pusher
>shill bsv for rupees in the spare time
yikes

>> No.16137669

>>16137534
>looks at pictures of children in distress
>the first thought that pops to his mind is "pedophilia"

>> No.16137693
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16137693

>>16137669
>Post pictures of kids along with the text CHILD PORNOGRAPHY
>lol, no why do you think about pedophilia
>haha, that is like so random

>> No.16137774

>>16137693
You seem anxious. Do you really associate children in distress with sexual activity?

Never anticipated BSV folk to be so inundated with CHILD ABUSE MEDIA which they FORCED INTO PUBLIC DOMAIN via BSV