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/biz/ - Business & Finance


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27676112 No.27676112 [Reply] [Original]

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.

>> No.27676340
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>> No.27677100
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27677100

Ethereum ran by a pedophile
>heroin less dangerous than child porn distribution -to create child porn what do you think has to happen to a child?

>> No.27677190
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27677190

What is the point of Ethereum?


This is very funny and I laugh at the unquestioning vapidity of people who say "smart contract" and just let other people fill in the details as to what that should mean and what the value should be. The mistake here is that "smart" is a misnomer. A contract, as we have known them for many hundreds of years, is already smart because it can often require the work of a solicitor or barrister to argue for or against the individual clauses of a contract; contract wording requires interpretation and that can require some of the highest order thinking. It is therefore smart.

A contract on Ethereum, then, isn't smart. It is a dumb contract. It is dumb in the sense that it executes itself, whether it has been audited and validated or not. And for that reason, you get fraud, after hack, after loss, after gimmick, after scam and essentially fuck all in-between.

And for what reason would anybody need to run computer programs in a decentralised way? What the fuck is the point? I can understand a currency being decentralised; that is completely intuitive and innovative, but running programs is useless as it is so insanely inefficient. Anything you could run on Ethereum you can run on AWS and it will be cheaper, faster and more secure, therefore resolving the trilema and revealing Ethereum to be completely and I mean COMPLETELY redundant. Just because something can work doesn't mean it has value, much like a kettle connected to a dynamo on an exercise bike would work. Where is the value in ETH? It’s value is composed of people scamming one another on uniswap . The only reason it pumps is because high gas fees power this pyramid scheme. The whales win in the end. Look at the fucking /biz/ catalog. You tell me if you think ETH has a future with this nonsense RAMPANT low IQ shilling of erc-20 tokens that serve no purpose

Ethereum is a fucking joke.

>> No.27677613

Not 1 response thus far. I think that says something about (((4chan)))

>> No.27678086
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>> No.27678239
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>> No.27678452
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>>27678239

>> No.27678556
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27678556

Did you listen?

>> No.27679083
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>> No.27679388

>>27676112
I just new coins solely based on how many pajeets are involved/interested. May give this a looksee.

>> No.27679509

>>27676340
Explain this. You are long 5.73X BSV ? Where can I do this? Blockstream is evil incarnate. Segwit is the devil.

>> No.27679658

>>27679509
>Blockstream is evil incarnate. Segwit is the devil.
Not sure if ironic or unironic anymore.

>> No.27679794

>>27679658
https://steemit.com/bitcoin/@adambalm/the-truth-about-who-is-behind-blockstream-and-segwit-as-the-saying-goes-follow-the-money

>> No.27679968
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>>27676112
ok sirs here is the crypto brown pill
there is a vishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the vishnu need to survive. Once entrenched fully, the vishnu would be able to slowly poo over literally everything
Creg stumbled into creating the vishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the vishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The vishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this vishnu (they have their own competing vishnu in the works). They did the needful to stop or slow down Cregs vishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the vishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol.
Back to hasish power - CSW has developed a breakthrough new ashit (designed by his vishnu actually), and is poo'ing BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking all the poo over to BSV leaving the segshit chain erectly frozen.

>> No.27680114

>>27677190
can someone refute this guy? guy can you tell us whats what instead, I want to hear you speak more

>> No.27680146
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27680146

Show bobs and vagene pleas sirs

>> No.27680152

>>27680114
Ethereum had a 71% Premine.

>> No.27680312

>>27678086
why this?

>> No.27680386

>>27677613
kys lmao
bagholder of the eternally dumping king of shitcoins
you get what you fucking deserve

>> No.27680409

>>27680312
That green cross means something in trading when support is stable

>> No.27680466
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27680466

>>27680386
Buy some $rope you will need it .. good luck little piggy

>> No.27680710

>>27680466
Where can I buy those futures you posted?

>> No.27680883

>>27680409
Thank you anon.

>> No.27681766

This is the most based thread on 4chan right now.

>> No.27681856

Urgent:

This guy’s ID is literally ‘C.UCK’ please come ridicule him: >>27671702 # # #

He needs many (YOU)’s. This is literally history guys. Biz has found the ultimate KEKold of the board. Come drop a (you) to mark yourself in the archive history books.... let’s get this to a record number of you’s don’t give the cu ck a break... This is a legendary screen cap.

Spread the news and ask the mods to pin the thread so everyone may see

>> No.27682007
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27682007

>>27680710
That's KuCoin.

>> No.27682428

>>27676112
Fascinating so much going on behind the scenes. Thank you for the enlightenment.

>> No.27682446

>>27682007
Thanks mate

>> No.27682549
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27682549

>>27679794
uh oh

>> No.27682715

5x long is risky in bsv. I have quite a bag but im not sure the price is only up from here. hope it pays off.

>> No.27682807

>>27682715
How big is your bag. I just went in. Wondering what a good bag is.

>> No.27682928

>>27682807
minimum bag is 21. landlord is 210.

>> No.27683147
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27683147

>>27682928
I went in because I was checking out the tech. I didn't get into the story and reasoning until later and my mind was blown. There really is a conspiracy around this entire space.
From Segwit, to Lightning to the amount of shorts on BCh and BSV. It's really quite alarming in a way. I'm still not enough of a believer to cash in all my BTC but I got 22 coisn, so it's a start.

>> No.27683393

>>27682715
pic of portfolio and I'll invest. where can I get direct updates for BSV?

Craig was recently involved in litigation in a case represented by top Lawfirm Boies Schiller Flexner and IIRC was not able to prove beyond reasonable doubt he was Satoshi.
>dude also said he was gonna flex his copyright and patents
>wat happened to that

>> No.27683713

>>27683147
nice. its funny that bsv people seem to be the only ones who have figured out the whole bitcoin saga, except some ancaps in bch. pretty much craig is simultaneously lying about several things and is also satoshi. clown world time line.
but bsv is great in itself so theres that. if you have any bsv questions i probably know the answer.

>> No.27683844

>>27683713
why can't Craig verify he is Satoshi using PGP or accessing a handful of the origin wallets?

>> No.27684158

>>27683713
I have to say, I've been watching some of Craig's latest videos and he's got me a bit freaked out. Like OK I will lose 100% of my port but don't worry BSV will be worth millions.

I mean if the tech keeps on track like it is now it has to be worth millions. I mean it's crazy how far ahead they are of everyone else, but no one seems to know about it.

Just one example of 100's. This is ON the BSV blockchain right now. This is an API taking the information off the chain.
https://media.bitcoinfiles.org/a89cd6b4eb4d9f510a9a7adf21bfd84ee63e4d9a6e6f1da99e7d82718870a484
I know you know these things, I meant it for others.

The transaction speeds are mind boggling. If I send BSV from my phone to my desktop it instant. I don't mean a few seconds, I mean like 1/2 second. My understanding is that I don't even have to wait for a confirmation. I could use it to buy a coke from a machine if someone made a BSV coke machine. It really is Satoshi's vision. Trustless peer-to-peer cash.

>> No.27684228

>>27676112
>Strap in and stay STIFF frens.
soon it will be our time

>> No.27684234

>>27683844
regarding the wallets imo he has access to the coins but not the keys. they kept signed unspent transactions and either the trust has control of the keys or they were discarded out of mistrust among team members.

my current opinion is that the team was more people than craig (explains lack of pgp) but hes the only one left with coin access.

>> No.27684341
File: 64 KB, 711x627, Craig v Kleinman.png [View same] [iqdb] [saucenao] [google]
27684341

>>27683393
>>27683844
Sauce:
>https://www.courtlistener.com/docket/6309656/1/kleiman-v-wright/

>> No.27684351
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27684351

I get people yelling at me about Craig not being Satoshi. They say it's 100% Hal Finnely.

and then I show them this

>> No.27684458

>>27684234
Is adoption based solely upon public learning "the truth" with the history behind BTC? Furthermore, is there proof he has a legal basis to provide cease and desists to the aforementioned groups?

What's the most direct way to get updates from the BSV Team? Right now the only thing preventing him from inheriting ~$15BN worth of BTC is proving in court he is Satoshi and thus far has fallen short.

Granted, he has a lot to gain through OpSec and privacy which I could believe fucked his access to the necessary "proof" along the way, but am curious to hear what your take is.

>> No.27684463

>>27684351
sorry Hal Finney

>> No.27684548

>>27684458
A court can't give him the keys.The court doesn't have the ability to somehow find the private keys.
At least that is my understanding. I've only been looking into this for a week though.

>> No.27684966

>>27684458
if you mean adoption as in respect and investment from the broader crypto community, then yes. the cease and desist is not meant to be immediately enforceable, there will be more merit after more proof comes out this year.

if you mean adoption in the true sense, then the crypto community is pretty irrelevant. then it becomes a plumbing piece like ipv6. i think handcash has the best shot in that sense, I expect them to transition into essentially a cashapp without any restrictions and capability for $ 0.0001 micropayments. makes a lot of cool apps possible

follow some accounts on twitter, shadders, scrypt, and bitcoinassn

>> No.27685134

>>27684966
Handcash is awesome. Glad I got in early enough to get my name. Wife got her's too.
She was having people download it at her work and she was sending them BTC and they were losing it.
Alot of them have BTC because she told them about it last year. They know how long the transfers take. With BSV it's instant.

Can you explain 0-conf to me ? My understand is that before any transaction goes to the memepool to be mined it goes through a check to see if it's a double spend. Is that correct ?

>> No.27685163

>>27685134
ack sending them BSV.. Genuine Bitcoin

>> No.27685353
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27685353

>>27684966
What’s interesting is BTC Core caves and took the white paper off their website to which Bitcoin Cash devs threw a shitfit.
>https://www.twitter.com/CobraBitcoin/status/1352263301657485314

Can you please answer these:
>what is the best way to get updates from Craig and the BSV team?
>please post a pic of your portfolio so I can get an idea of the kind of trader you are
>Why isn’t Craig shouting this from the heavens? Needs a functioning fork with the higher block count and transaction speed to put proof in the pudding?
>how many shorts are currently on BSV?
He clearly sticks to his guns regarding being Satoshi. It’s irrefutable he was an origin dev but will need to dig deeper to get the bigger picture. Nonetheless please know I appreciate your time and effort discussing this with us.

What /biz/ has become is beyond ridiculous

>> No.27685876

>>27677190
the point is it decouples the exchange from the regulators... it means its harder for powerful groups to stop you from accessing the market therefore subverting the value of your asset

>> No.27686074

>>27685134
a double spent utxo will not make it into any bitcoin mempool without rbf trickery. yes the miners check it for you.

>>27685353
1. check the twitter accounts i put above
2. not putting that here. not a trader but i at least rode the link train.
3. craig puts out a lot of good info (and some bs). barely gets any distribution. the tech speaks for itself at this point. he didnt want a fork but essentially bitcoin (the protocol not the ticker) got orphaned twice.
4. i cant help you in the exchange/price arena

>> No.27686197
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27686197

>>27685353
>>how many shorts are currently on BSV?

>> No.27686289

>>27686074
Where does Craig post from? Will follow the above and do some do diligence. Thanks fren!

>> No.27686926

>>27686289
i would watch the theory of bitcoin series on youtube from the start. i also liked the valuetainment one on youtube. his text posts are usually overly academic/pedantic. if you want to know about the advanced tech stuff then look up nchains youtube channel or join metanet.icu.