not so sure you are a ludite. I myself, am getting around to catching up on some of your references- like the Plague of Justinian. Fascinating stuff. Thank you for your sprite wit! I am just so delighted to laugh each every day!
love the chuckles! BTC aka Klondike trail, in AK. And, yes, it's apart from the other coins, but it probably is front-run as with a stealth plan. Same in AK, when there was the gold rush. Someone had already mined all the gold, and then all the vendors got wealthy selling goods. Who mined that gold first? Any ideas?
I'm an old geek with a lifelong interest in cryptography and P2P networks. When Bitcoin first came to my attention in 2010, I assumed it was a scam. After studying it for a month, I came to the conclusion that it wasn't a scam and jumped in.
Bitcoin's likely creator was a fellow named Len Sassaman, dead since 2011. He was an old school hacker with the old school cypherpunk ethos. His death removed that old school ethic and left the space open to the scammers and hucksters from trad finance who do what they always do: sucker the uneducated with the bells and whistles of technology. The railroad bond scams of the late 19th century, the dotcon boom/bust of 20 years ago, the crypto scams of today all share similar features: swindling the unsophisticated with the tech, centralizing the tech in a few hands and then ruining millions when the tide goes out.
Bitcoin itself is still based on the laws of math and physics. When a majority of the population understand neither, they're ripe for the pickings.
I was about to reply "this monkey coin has gone to heaven" with the pixies link, the actual video just as you did, before realizing um... You did... 😂 Freaked me out for a second Rudy not gunna lie! 😅
Twitter having kicked you off (and many others) seems to have a mission to keep the masses as hypnotized, stupid and obedient as they can. I've said for a long time they can't allow EM to buy it because the entirety of not just the Twitter fraud but the entire fraud would be exposed and that can't be allowed. I hope I'm wrong about that and about what EM would ultimately do if he did "succeed". I, for one, am selfishly glad you are here, and encourage you to continue to write here and build a readership. So much better...
"Bitcoin was designed as a digital cash system. A system that allowed for small casual payments.
The only thing that I will promise and that I will make sure that nChain delivers is a fixed protocol that you can build on the same now as you can in twenty years time. So if you create a transaction todday it will be valid 100 years from now.
That fees will not only be 0.01 US cents as they are today but they will diminish to under 1000th of a US Cent.
That in the next year we will scale to be able to handle first millions and by the end of the decade billions of transactions every second. Once we get to 10 billion tps we will then grow along with Moore's law and continue scaling at any level the world can consume.
In this, I'm not promising you instant wealth. Unpromising those who build do something a platform to create. I have no time for the speculators.
In this, unpromising a system that will transfer money globally in a way that allows the poorest people on earth to become part of the global financial system. Bitcoin IS for those under two dollars a day.
Note:
BTC is a broken copy of #Bitcoin passing off to decieve people."
Mastercard invested in Digital Currency Group and took over BTC Core. Many players did not want Bitcoin to scale. So BTC became a useless speculative asset. BSV can and is scaling for this vision.
not so sure you are a ludite. I myself, am getting around to catching up on some of your references- like the Plague of Justinian. Fascinating stuff. Thank you for your sprite wit! I am just so delighted to laugh each every day!
I love when people tell me I crack them up. Sometimes I get serious and have to remember to keep it fun.
love the chuckles! BTC aka Klondike trail, in AK. And, yes, it's apart from the other coins, but it probably is front-run as with a stealth plan. Same in AK, when there was the gold rush. Someone had already mined all the gold, and then all the vendors got wealthy selling goods. Who mined that gold first? Any ideas?
I'm an old geek with a lifelong interest in cryptography and P2P networks. When Bitcoin first came to my attention in 2010, I assumed it was a scam. After studying it for a month, I came to the conclusion that it wasn't a scam and jumped in.
Bitcoin's likely creator was a fellow named Len Sassaman, dead since 2011. He was an old school hacker with the old school cypherpunk ethos. His death removed that old school ethic and left the space open to the scammers and hucksters from trad finance who do what they always do: sucker the uneducated with the bells and whistles of technology. The railroad bond scams of the late 19th century, the dotcon boom/bust of 20 years ago, the crypto scams of today all share similar features: swindling the unsophisticated with the tech, centralizing the tech in a few hands and then ruining millions when the tide goes out.
Bitcoin itself is still based on the laws of math and physics. When a majority of the population understand neither, they're ripe for the pickings.
https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10
I never understood the bitcoin lie that it was going to be the only currency.
Friend: "you going to buy that big screem tomorrow?"
Me: "no there's a halvening in 6 months, so I'll buy it for less BTC"
How does a system work when the "price" of things go down the longer you just wait lol. Bread, milk, tvs...
If I have to give this Substack post a rating, I give it 6 out of 5 stars.
I have the same theory about BTC being a segue to CBDC.
$BSV might be the solution though, $BTC is controlled by Banks already.
I was about to reply "this monkey coin has gone to heaven" with the pixies link, the actual video just as you did, before realizing um... You did... 😂 Freaked me out for a second Rudy not gunna lie! 😅
Twitter having kicked you off (and many others) seems to have a mission to keep the masses as hypnotized, stupid and obedient as they can. I've said for a long time they can't allow EM to buy it because the entirety of not just the Twitter fraud but the entire fraud would be exposed and that can't be allowed. I hope I'm wrong about that and about what EM would ultimately do if he did "succeed". I, for one, am selfishly glad you are here, and encourage you to continue to write here and build a readership. So much better...
Twitter as a company is dead to me. I miss the people I met there though.
You're not hard to find. Keep it up.
"Bitcoin was designed as a digital cash system. A system that allowed for small casual payments.
The only thing that I will promise and that I will make sure that nChain delivers is a fixed protocol that you can build on the same now as you can in twenty years time. So if you create a transaction todday it will be valid 100 years from now.
That fees will not only be 0.01 US cents as they are today but they will diminish to under 1000th of a US Cent.
That in the next year we will scale to be able to handle first millions and by the end of the decade billions of transactions every second. Once we get to 10 billion tps we will then grow along with Moore's law and continue scaling at any level the world can consume.
In this, I'm not promising you instant wealth. Unpromising those who build do something a platform to create. I have no time for the speculators.
In this, unpromising a system that will transfer money globally in a way that allows the poorest people on earth to become part of the global financial system. Bitcoin IS for those under two dollars a day.
Note:
BTC is a broken copy of #Bitcoin passing off to decieve people."
- Craig Wright
Mastercard invested in Digital Currency Group and took over BTC Core. Many players did not want Bitcoin to scale. So BTC became a useless speculative asset. BSV can and is scaling for this vision.
https://techcrunch.com/2015/10/27/barry-silbert-launches-digital-currency-group-with-funding-from-mastercard-others/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJYNdfvuwk3qMPHGw7NIgX7s3e5sqKp0r2vn8MuQv6Q1o6nLoJQoVMVrEsmNBBSlq9R7hOX7Z1GfGzPK6jCPvnC46-R_aj1phq_0OU017YBmKNYSUyiivGAir-iphBGIDaYemPPzl7TfX8DIyvv1ZgtewvWSLbKUuhc0TuTEaxLr
Last one - I promise.
https://www.youtube.com/watch?v=5pHGi0nQMqs
https://www.linkedin.com/pulse/bitcoin-joel-lawson/?trackingId=4jsyEiXPLPvfS5gvGGgHlw%3D%3D
@CryptoBabel on twitter has been talking for a long time about related SDRs and CBDCs and Bitcoin and how it's been captured (or was a plot all along)
programmed inflationary p2p trustless transactions are the fundamental value prop, and it's been perverted into a SoV (which is hilarious)