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      "author": "steemitboard",
      "permlink": "steemitboard-notify-bitcoincore-20190601t155459000z",
      "title": "",
      "body": "Congratulations @bitcoincore! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitcoincore/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bitcoincore) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=bitcoincore)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "Desperation at its peak.",
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      "permlink": "re-bitcoincore-roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-20170928t051301976z",
      "title": "",
      "body": "Amazing how desperate core and their supporters are getting.  They have no facts to base anything on.  Their arguments  do not stand up to any criticism so they resort to censorship and banning.  They have nothing left to but to spread lies, fears and uncertainty.  \n\nI should show a core supporter what it's like to not be heard and hammer this account to negative rep.  I won't stoop to the level of a core supporter though.",
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      "permlink": "re-bitcoincore-roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-20170928t013829499z",
      "title": "",
      "body": "@@ -115,19 +115,8 @@\n wit \n-supporters \n in a\n",
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      "permlink": "re-bitcoincore-roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-20170928t013829499z",
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      "body": "Roger Ver has a very clear vision of what Bitcoin is and it's economics. He wins every debate with BitcoinCore/Segwit supporters in a very gracious manner and as @melip already stated he is very professional. His points make total sense and are completely valid. BitcoinCore's strategy seems to be to attack Roger Ver with weak arguments instead of trying to prove why they are right.",
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      "author": "cheetah",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://www.onenewspage.com/n/Markets/75efea58a/This-Chart-Defines-The-21st-Century-Economy.htm",
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      "body": "# This Chart Defines The 21st Century Economy\n\n[_Authored by Charles Hugh Smith via OfTwoMinds blog,_][1]\n\n_There is nothing inevitable about such vast, fast-rising income-wealth inequality; it is the only possible output of our financial and pay-to-play political system. _\n\n**One chart defines the 21st century economy and thus its socio-political system: the chart of soaring wealth/income inequality**. This chart doesn't show a modest widening in the gap between the super-wealthy (top 1/10th of 1%) and everyone else: there is a veritable Grand Canyon between the super-wealthy and everyone else, a gap that is recent in origin.\n\n![][2]\n\n**Notice that the majority of all income growth now accrues to the the very apex of the wealth-power pyramid. This is not mere chance, it is the _only possible output of our financial system._** This is stunning indictment of our socio-political system, for this sort of fast-increasing concentration of income, wealth and power in the hands of the very few at the top can only occur in a financial-political system which is _optimized to concentrate income, wealth and power at the top of the apex._\n\nWell-meaning conventional economists have identified a number of structural causes of rising wealth/income inequality, **dynamics that I've often discussed here over the past decade:**\n\n1\\. Global wage arbitrage resulting from the commodification of labor, a.k.a. globalization\n\n2\\. A winner-takes-most _power law_ distribution of the gains reaped from new technologies and markets\n\n3\\. A widening mismatch between the skills of the workforce and the needs of a rapidly changing economy\n\n4\\. The concentration of capital gains in assets such as high-end real estate, stocks and bonds that are owned almost exclusively by the top 10% of households\n\n5\\. The long-term stagnation productivity\n\n6\\. The secular decline in the percentage of the economy that flows to wages and salaries\n\n**While each of these is real, the elephant in the room few are willing to mention much less discuss is _financialization_**, the siphoning off of most of the economy's gains by those few with the power to borrow and leverage vast sums of capital to buy income streams--a dynamic that greatly enriches the _rentier class_ which has unique access to central bank and private-sector bank credit and leverage.\n\nApologists seek to explain away this soaring concentration of wealth as the inevitable result of some secular trend that we're powerless to rein in, **as if the process that drives this concentration of wealth and power wasn't political and financial.**\n\nThere is nothing inevitable about such vast, fast-rising income-wealth inequality; it is the _only possible output of our financial and pay-to-play political system_.\n\nPolicy tweaks such as tax reform are mere public relations ploys.** The cancer eating away at our economy and society arises from the Federal Reserve and the structure of our financial system**, and the the degradation of our representative democracy into a pay-to-play auction to the highest bidder.\n\n*  *  *\n\n_If you found value in this content, please join me in seeking solutions by [becoming a $1/month patron of my work via patreon.com][3] . Check out both of my new books, [Inequality and the Collapse of Privilege][4] ($3.95 Kindle, $8.95 print) and [Why Our Status Quo Failed and Is Beyond Reform][5] ($3.95 Kindle, $8.95 print, $5.95 [ audiobook][6] ) For more, please visit the [OTM essentials website][7] ._",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.forbes.com/sites/stevehanke/2017/07/31/zimbabwe-from-disaster-to-disaster/",
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      "body": "[Source](http://www.zerohedge.com/news/2017-09-26/hyperbitcoinization-bitcoin-trades-85-premium-zimbabwe-priced-7200 \"Permalink to Hyperbitcoinization? Bitcoin Trades At 85% Premium In Zimbabwe - Priced At $7,200\")\n\n# Hyperbitcoinization? Bitcoin Trades At 85% Premium In Zimbabwe - Priced At $7,200\n\nWhile _**bond notes were put forward as a panacea to diminish the flight of wealth from Zimbabwe**._.. ([_as Steve Hanke noted, it was not_][1])...\n\n> **The most recent attempt by the government to increase liquidity (the money supply, measured broadly) was the introduction of bond notes in November 2016.** Incidentally, in conversations I had with Dr. Kupukile Mlambo, Deputy Governor of the RBZ, in May of 2016, I strongly opposed the introduction of bond notes, indicating that they were inconsistent with orthodox dollarization and would result in a complete disaster.\n> \n>  \n> \n> **Although bond coins existed on a small scale since December 2014, the introduction of bond notes was significant. **These notes were \"backed\" by a $200m facility from the African Import Export Bank (Afreximbank) -- a bank that some allege is unusually close to the Zimbabwean government. Among other things, it has still failed to publish official documents regarding the bond note facility. The uncertainty surrounding these bond notes has resulted in a black market for dollars, where the bond notes normally trade at discounts ranging from 5-15%. Not surprisingly, banks have attempted to remove these notes from their books, with bank officials reportedly engaging in black market deals for large cash sums at over 20% discounts!\n> \n>  \n> \n> ![][2]\n> \n>  \n> \n> **As for what the bonds might eventually be worth, it is prudent to assume that they will be defaulted on.** In that case, and taking other African sovereign defaults as a guide, one is left to conclude that the bonds in default would fetch 5-18¢ on the dollar. So, bond notes, which are products of Zimbabwe's monetary mischief, are in a death spiral that will witness further significant declines in value. In that event, discounts on other elements of the New ZimDollar would also realize massive discounts.** The NZD would become worthless, and with that, inflation would raise its ugly head.  **\n> \n>  \n> \n> **Zimbabwe has once again engaged in a fraud on the public, creating a monetary mess and hardship.**\n\n[We noted in June][3] that _**the cash crisis continued unabated.**_\n\n![][4]\n\n_**Those awaiting cash transfers at a bank may wait a month to be cleared and, even then, the transfer may be refused.**_\n\n_The Standard_, Zimbabwe's leading Sunday newspaper, ran an article at the time entitled, \"Black market thrives, as banks run dry.\"\n\nSome highlights from that article:\n\n> _**HARARE'S Road Port has become the unofficial bank of last resort, never short of cash, no queues and a multicurrency platform. The money market at this busy bus terminus now plays the role that the formal banking sector has failed. It is effectively making a mockery of the Reserve Bank of Zimbabwe (RBZ).**_\n\nThis points to the nature of black markets. They thrive based upon _fulfilling an existing need_, not upon government control. They therefore _replace_ whatever services the official market fails to provide.\n\n> **_\"Top government officials, supermarket owners and service stations were behind the thriving black market, which is never short of cash.\"_**\n\n_**And now it appears many Zimbabweans have found an alternate way to store/transfer wealth away from Mugabe's prying (and confiscatory) eyes.**_\n\nAs [CoinTelegraph reports][5], as the country appears to be headed toward another bout of hyperinflation,**citizens are turning to dollars and Bitcoin.**\n\n> **The use of Bitcoin in Zimbabwe has grown exponentially as the government has begun to stop all credit card payments and has restricted the flow of cash into and out of the country. **\n> \n>  \n> \n> People wishing to make payments for vehicles have been forced to use Bitcoin and car lenders are happy to accept.\n> \n>  \n> \n> _**In all the chaos, the [price][6] of Bitcoin on the local exchange, [BitcoinFundi][7], has soared to $7,200.**_\n> \n>  \n> \n> This premium reflects a frantic desire to find ways to transact within an economy where **government controls have made traditional means impossible**.\n\n![][8]\n\n[_image courtesy of CoinTelegraph][5]_\n\n[_As TechZim reports, _][6]**as 'hard currency' disappears from the street, the demand for alternative payment options such as bitcoin will but increase,** resulting in the rate increasing further.\n\nThose that are using BTC as a means of [sending money back to Zimbabwe][9] will be excited with this rate, not only smiling all the way to the bank but back from it too...\n\n[1]: http://www.zerohedge.com/news/2017-08-08/mugabes-zimbabwe-purveyor-monetary-trickery-and-mischief\n[2]: http://www.zerohedge.com/sites/default/files/images/user222098/imageroot/2017/08/07/Bond%20Notes%20and%20Coins%20in%20Circulation.png\n[3]: http://www.zerohedge.com/news/2017-06-12/zimbabwe-when-black-market-becomes-real-market\n[4]: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/06/11/20170612_zim.jpg\n[5]: https://cointelegraph.com/news/bitcoin-trading-at-85-premium-in-zimbabwe-priced-at-7200\n[6]: http://www.techzim.co.zw/2017/09/bitcoin-fetches-85pct-premium-in-zimbabwe/\n[7]: https://cointelegraph.com/news/cryptocurrency-exchange-bitcoinfundi-now-allows-to-trade-dash\n[8]: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/23/20170926_zim_0.jpg\n[9]: http://www.techzim.co.zw/2016/11/save-money-using-bitcoin-send-money-zimbabwe/",
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      "permlink": "re-bitcoincore-roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-20170927t195542345z",
      "title": "",
      "body": "\"now become a negative force trying to cripple the system.\"???, listen to the things you're writing @bitcoincore. \nThe truth is that you guys created a kind of \"Soap Opera\" drama.\nSorry but Roger Ver at least has been more professional about the whole thing than you guys. THAT'S the TRUTH.\nIn the meantime, I'll just buy more BITBEAN (Soon to become BEANCASH)\nLess drama there ;)",
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "bitcoincore",
      "permlink": "roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist",
      "title": "Roger Ver: From Bitcoin Jesus to Bitcoin Antichrist",
      "body": "@@ -3438,16 +3438,91 @@\n ited!?%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*gk4MbiSeHurrvp62F9XiRw.png)%0A%0A\n **Bitcoi\n@@ -4326,16 +4326,91 @@\n eless.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*JtaW8wKfIqHE4dMLrE9SuA.png)%0A%0A\n **Bitcoi\n@@ -5253,16 +5253,91 @@\n bject.%0A%0A\n-\n \n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*9MNZs8VuLuqkDV2s_l9p9A.png)  \n And that\n@@ -6268,16 +6268,91 @@\n r/btc:%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*LQMuzrvgDE2LhoQlO-N5hg.png)%0A%0A\n Of cours\n@@ -7242,16 +7242,91 @@\n topia.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*O6APoagxnX8wVKbwKK_J3A.png)%0A%0A\n 1.5 mont\n@@ -9543,16 +9543,91 @@\n o see:%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*QzZJvtq-G2-tXd0PZWWrxA.png)%0A%0A\n A bit od\n@@ -9949,16 +9949,92 @@\n bribe!%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/1000/1*VVDP7C1yX1LtwaGHHjrpfQ.png)%0A%0A\n You can \n@@ -10421,16 +10421,92 @@\n onero.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/1000/1*hqUju6EP7ObSKk473m6AhA.png)%0A%0A\n That was\n@@ -10756,16 +10756,91 @@\n nths%E2%80%9D.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*7Ty49aRCJMutvLKfo9x57A.png)%0A%0A\n The mark\n@@ -11286,16 +11286,91 @@\n t lies%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*kqr1vTnan-fQy6LFwdEvqA.png)%0A%0A\n Yes beca\n@@ -11467,164 +11467,539 @@\n c.%0A%0A\n-I agree%E2%80%A6 Lets see what you say 1 month later:%0A%0ANo proof. %E2%80%9CLarge Firms%E2%80%9D%E2%80%A6 Ok then.%0A%0ADamn that sounds bad!%0A%0ASo he%E2%80%99s either incompetent or a liar%E2%80%A6 Good to know.\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*bC7aoPF6kVnphHm2I2g-Rg.png)%0A%0AI agree%E2%80%A6 Lets see what you say 1 month later:%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*Wpc5cBkYAPoI1vxtorzePA.png)%0A%0ANo proof. %E2%80%9CLarge Firms%E2%80%9D%E2%80%A6 Ok then.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*04CifmpOnUoGxyydH0E9Bg.png)%0A%0ADamn that sounds bad!%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*mYGd6slekwQpNh0rAD02Xw.png)%0A%0ASo he%E2%80%99s either incompetent or a liar%E2%80%A6 Good to know.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*CjCNMM_R8bnO1g8hWg--uA.png)\n %0A%0ATh\n@@ -12146,16 +12146,91 @@\n  alts.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*amE0xK7cpTBVFI1U3q8ZUw.png)%0A%0A\n Bigger b\n@@ -12869,16 +12869,91 @@\n igger.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*s-GLT2znfC2FyBUnjXSzSg.png)%0A%0A\n This is \n@@ -13656,16 +13656,91 @@\n smart.%0A%0A\n+!%5B%5D(https://cdn-images-1.medium.com/max/800/1*w0osoJ-zUzKaXSE-pxEenw.png)%0A%0A\n Maybe he\n@@ -16007,457 +16007,4 @@\n ing%E2%80%A6\n-%0A%0A%0A%0ADamn that sounds bad!%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*mYGd6slekwQpNh0rAD02Xw.png)%0A%0ASo he%E2%80%99s either incompetent or a liar%E2%80%A6 Good to know.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*CjCNMM_R8bnO1g8hWg--uA.png)%0A%0AThat%E2%80%99s really not how it works. A lot more money in crypto and a lot more%0Ainteresting projects. If Bitcoin is in a bear market, money flows to alts.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*amE0xK7cpTBVFI1U3q8ZUw.png)\n \n+\n",
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      "parent_permlink": "bitcoin",
      "author": "bitcoincore",
      "permlink": "roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist",
      "title": "Roger Ver: From Bitcoin Jesus to Bitcoin Antichrist",
      "body": "@@ -14647,12 +14647,465 @@\n  supporting%E2%80%A6\n+%0A%0A%0A%0ADamn that sounds bad!%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*mYGd6slekwQpNh0rAD02Xw.png)%0A%0ASo he%E2%80%99s either incompetent or a liar%E2%80%A6 Good to know.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*CjCNMM_R8bnO1g8hWg--uA.png)%0A%0AThat%E2%80%99s really not how it works. A lot more money in crypto and a lot more%0Ainteresting projects. If Bitcoin is in a bear market, money flows to alts.%0A%0A!%5B%5D(https://cdn-images-1.medium.com/max/800/1*amE0xK7cpTBVFI1U3q8ZUw.png)\n",
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      "parent_permlink": "bitcoin",
      "author": "bitcoincore",
      "permlink": "roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist",
      "title": "Roger Ver: From Bitcoin Jesus to Bitcoin Antichrist",
      "body": "@@ -1,16 +1,71 @@\n+# Roger Ver: From Bitcoin Jesus to Bitcoin Antichrist%0A%0A\n Roger Ver, the d\n@@ -127,17 +127,17 @@\n Karpeles\n-%0A\n+ \n did in h\n@@ -338,17 +338,17 @@\n wise you\n-%0A\n+ \n wouldn%E2%80%99t\n@@ -417,17 +417,17 @@\n y. Roger\n-%0A\n+ \n was born\n@@ -490,17 +490,17 @@\n nd Nevis\n-%0A\n+ \n passport\n@@ -608,17 +608,17 @@\n aradise)\n-%0A\n+ \n and reno\n@@ -732,17 +732,17 @@\n  selling\n-%0A\n+ \n explosiv\n@@ -813,17 +813,17 @@\n %E2%80%99t sound\n-%0A\n+ \n that bad\n@@ -886,17 +886,17 @@\n very guy\n-%0A\n+ \n unknowin\n@@ -960,17 +960,17 @@\n orse now\n-%0A\n+ \n doesn%E2%80%99t \n@@ -1039,17 +1039,17 @@\n  in 2002\n-%0A\n+ \n and he w\n@@ -1118,17 +1118,17 @@\n mportant\n-%0A\n+ \n to paint\n@@ -1252,17 +1252,17 @@\n e of the\n-%0A\n+ \n early on\n@@ -1329,17 +1329,17 @@\n informed\n-%0A\n+ \n people h\n@@ -1407,17 +1407,17 @@\n f course\n-%0A\n+ \n since th\n@@ -1487,17 +1487,17 @@\n od chunk\n-%0A\n+ \n of it.%0A%0A\n@@ -1575,17 +1575,17 @@\n y he was\n-%0A\n+ \n named %E2%80%9CB\n@@ -1656,17 +1656,17 @@\n ouple of\n-%0A\n+ \n years: f\n@@ -1734,17 +1734,17 @@\n  has now\n-%0A\n+ \n become a\n@@ -1897,17 +1897,17 @@\n on times\n-%0A\n+ \n and a mi\n@@ -2052,17 +2052,17 @@\n r coffee\n-%0A\n+ \n with Bit\n@@ -2121,17 +2121,17 @@\n t has on\n-%0A\n+ \n decentra\n@@ -2202,17 +2202,17 @@\n oin Core\n-%0A\n+ \n wants to\n@@ -2279,17 +2279,17 @@\n locksize\n-%0A\n+ \n increase\n@@ -2419,17 +2419,17 @@\n sting in\n-%0A\n+ \n Bitcoin \n@@ -2498,17 +2498,17 @@\n atement.\n-%0A\n+ \n And if p\n@@ -2579,17 +2579,17 @@\n  be more\n-%0A\n+ \n room in \n@@ -2677,17 +2677,17 @@\n t it, if\n-%0A\n+ \n we would\n@@ -2756,17 +2756,17 @@\n would be\n-%0A\n+ \n full aga\n@@ -2831,17 +2831,17 @@\n learn to\n-%0A\n+ \n optimize\n@@ -2909,17 +2909,17 @@\n handling\n-%0A\n+ \n Bitcoin \n@@ -3005,17 +3005,17 @@\n oin is a\n-%0A\n+ \n peer-to-\n@@ -3081,17 +3081,17 @@\n  written\n-%0A\n+ \n almost a\n@@ -3159,17 +3159,17 @@\n cosystem\n-%0A\n+ \n was buil\n@@ -3238,17 +3238,17 @@\n  himself\n-%0A\n+ \n in one o\n@@ -3306,17 +3306,17 @@\n fter the\n-%0A\n+ \n optimiza\n@@ -3514,17 +3514,17 @@\n tempt to\n-%0A\n+ \n aggressi\n@@ -3591,17 +3591,17 @@\n it never\n-%0A\n+ \n caught o\n@@ -3662,17 +3662,17 @@\n ming the\n-%0A\n+ \n censorsh\n@@ -3792,17 +3792,17 @@\n 8MB they\n-%0A\n+ \n now trie\n@@ -3871,17 +3871,17 @@\n d to get\n-%0A\n+ \n 7%25 of th\n@@ -3949,17 +3949,17 @@\n %3Cbr%3E The\n-%0A\n+ \n most not\n@@ -4027,17 +4027,17 @@\n tried to\n-%0A\n+ \n set up a\n@@ -4105,17 +4105,17 @@\n pular as\n-%0A\n+ \n they eve\n@@ -4184,17 +4184,17 @@\n  if they\n-%0A\n+ \n are on A\n@@ -4329,17 +4329,17 @@\n his time\n-%0A\n+ \n they tri\n@@ -4409,17 +4409,17 @@\n  and now\n-%0A\n+ \n addition\n@@ -4488,17 +4488,17 @@\n 3m6) for\n-%0A\n+ \n alternat\n@@ -4569,17 +4569,17 @@\n ng%E2%80%9D part\n-%0A\n+ \n that I w\n@@ -4671,17 +4671,16 @@\n cks:%0A%0A1.\n- \n  Roger V\n@@ -4681,20 +4681,19 @@\n oger Ver\n-%0A\n+ \n 1.\n- \n  Jeff Ga\n@@ -4754,20 +4754,19 @@\n ckchains\n-%0A\n+ \n 1.\n- \n  Blockch\n@@ -4793,20 +4793,19 @@\n ed in it\n-%0A\n+ \n 1.\n- \n  Coinbas\n@@ -4875,17 +4875,17 @@\n s to why\n-%0A\n+ \n they%E2%80%99re \n@@ -4907,20 +4907,19 @@\n t enough\n-%0A\n+ \n 1.\n- \n  Bitmain\n@@ -4956,20 +4956,19 @@\n  a while\n-%0A\n+ \n 1.\n- \n  Viabtc \n@@ -5055,17 +5055,17 @@\n eave you\n-%0A\n+ \n with a t\n@@ -5307,17 +5307,17 @@\n wolf. He\n-%0A\n+ \n complain\n@@ -5387,17 +5387,17 @@\n ed after\n-%0A\n+ \n Bitcoin \n@@ -5463,17 +5463,17 @@\n nd being\n-%0A\n+ \n against \n@@ -5537,17 +5537,17 @@\n h it, it\n-%0A\n+ \n consists\n@@ -5615,17 +5615,17 @@\n t of the\n-%0A\n+ \n work. Th\n@@ -5691,17 +5691,17 @@\n  %5Bpublic\n-%0A\n+ \n Bitcoin \n@@ -5771,17 +5771,17 @@\n in-dev/)\n-%0A\n+ \n than on \n@@ -5850,17 +5850,17 @@\n ommunity\n-%0A\n+ \n managers\n@@ -5955,17 +5955,17 @@\n  Theymos\n-%0A\n+ \n it%E2%80%99s all\n@@ -6029,25 +6029,25 @@\n he took over\n-%0A\n+ \n /r/btc:%0A%0AOf \n@@ -6122,17 +6122,17 @@\n ook over\n-%0A\n+ \n /r/btc w\n@@ -6200,17 +6200,17 @@\n oint out\n-%0A\n+ \n that he%E2%80%99\n@@ -6281,17 +6281,17 @@\n y didn%E2%80%99t\n-%0A\n+ \n like. Th\n@@ -6358,17 +6358,17 @@\n ned. Now\n-%0A\n+ \n that the\n@@ -6439,17 +6439,17 @@\n , voting\n-%0A\n+ \n bots vot\n@@ -6520,17 +6520,17 @@\n and vote\n-%0A\n+ \n down any\n@@ -6660,17 +6660,17 @@\n , or you\n-%0A\n+ \n might ca\n@@ -6740,17 +6740,17 @@\n osts are\n-%0A\n+ \n people w\n@@ -6860,17 +6860,17 @@\n is being\n-%0A\n+ \n moderate\n@@ -7115,17 +7115,17 @@\n hen they\n-%0A\n+ \n should b\n@@ -7289,17 +7289,17 @@\n ement. A\n-%0A\n+ \n couple o\n@@ -7365,17 +7365,17 @@\n iners to\n-%0A\n+ \n discuss \n@@ -7441,17 +7441,17 @@\n nd other\n-%0A\n+ \n Bitcoin \n@@ -7517,17 +7517,17 @@\n hey were\n-%0A\n+ \n being in\n@@ -7610,17 +7610,17 @@\n same and\n-%0A\n+ \n acted li\n@@ -7689,17 +7689,17 @@\n o %E2%80%9Cturn%E2%80%9D\n-%0A\n+ \n was Jiha\n@@ -7770,17 +7770,17 @@\n  he felt\n-%0A\n+ \n pushed i\n@@ -7850,17 +7850,17 @@\n or other\n-%0A\n+ \n weapons \n@@ -7929,17 +7929,17 @@\n y ViaBTC\n-%0A\n+ \n is born,\n@@ -8009,17 +8009,17 @@\n  7%E2%80%938%25 of\n-%0A\n+ \n the glob\n@@ -8086,17 +8086,17 @@\n ganda on\n-%0A\n+ \n Twitter \n@@ -8240,17 +8240,17 @@\n  is very\n-%0A\n+ \n suspicio\n@@ -8321,17 +8321,17 @@\n h by Ver\n-%0A\n+ \n who this\n@@ -8399,17 +8399,17 @@\n ill only\n-%0A\n+ \n accept S\n@@ -8480,17 +8480,17 @@\n  capable\n-%0A\n+ \n devs, is\n@@ -8559,17 +8559,17 @@\n s trying\n-%0A\n+ \n to block\n@@ -8694,17 +8694,17 @@\n any news\n-%0A\n+ \n related \n@@ -8774,17 +8774,17 @@\n ust pure\n-%0A\n+ \n propagan\n@@ -8848,17 +8848,17 @@\n just%5B PR\n-%0A\n+ \n pieces%5D(\n@@ -8927,17 +8927,17 @@\n er/) for\n-%0A\n+ \n one of t\n@@ -9042,17 +9042,17 @@\n  %5Bonline\n-%0A\n+ \n casino%5D(\n@@ -9246,17 +9246,17 @@\n oger Ver\n-%0A\n+ \n is pushi\n@@ -9359,17 +9359,17 @@\n ould you\n-%0A\n+ \n have gue\n@@ -9435,17 +9435,17 @@\n ool%E2%80%A6 How\n-%0A\n+ \n would yo\n@@ -9577,17 +9577,17 @@\n a bribe.\n-%0A\n+ \n He%E2%80%99s all\n@@ -9755,17 +9755,17 @@\n using it\n-%0A\n+ \n anymore \n@@ -9835,17 +9835,17 @@\n hing his\n-%0A\n+ \n belieVer\n@@ -9971,17 +9971,17 @@\n 15. %3Cbr%3E\n-%0A\n+ \n Monero p\n@@ -10051,17 +10051,17 @@\n very far\n-%0A\n+ \n away the\n@@ -10130,17 +10130,17 @@\n  now %E2%80%9Cin\n-%0A\n+ \n the next\n@@ -10226,17 +10226,17 @@\n was $1.2\n-%0A\n+ \n billion.\n@@ -10304,17 +10304,17 @@\n in was a\n-%0A\n+ \n lot lowe\n@@ -10384,17 +10384,17 @@\n TC. %3Cbr%3E\n-%0A\n+ \n Ethereum\n@@ -10465,17 +10465,17 @@\n : 0.0232\n-%0A\n+ \n now: 0.0\n@@ -10686,17 +10686,17 @@\n eople do\n-%0A\n+ \n that? Ro\n@@ -10942,17 +10942,17 @@\n lot more\n-%0A\n+ \n interest\n@@ -11094,17 +11094,17 @@\n  More tx\n-%0A\n+ \n capacity\n@@ -11171,17 +11171,17 @@\n ice: Not\n-%0A\n+ \n necessar\n@@ -11247,17 +11247,17 @@\n valuable\n-%0A\n+ \n block re\n@@ -11324,17 +11324,17 @@\n  at all,\n-%0A\n+ \n cost to \n@@ -11403,17 +11403,17 @@\n s = more\n-%0A\n+ \n centrali\n@@ -11437,17 +11437,17 @@\n ains big\n-%0A\n+ \n mine%5D(ht\n@@ -11578,17 +11578,17 @@\n 51))%3Cbr%3E\n-%0A\n+ \n More min\n@@ -11657,17 +11657,17 @@\n will get\n-%0A\n+ \n bigger.%0A\n@@ -11743,17 +11743,17 @@\n untested\n-%0A\n+ \n software\n@@ -11822,17 +11822,17 @@\n , follow\n-%0A\n+ \n Roger Ve\n@@ -11947,17 +11947,17 @@\n devs who\n-%0A\n+ \n have a l\n@@ -12028,17 +12028,17 @@\n st their\n-%0A\n+ \n software\n@@ -12146,17 +12146,17 @@\n med that\n-%0A\n+ \n he had a\n@@ -12224,17 +12224,17 @@\n s recent\n-%0A\n+ \n actions \n@@ -12298,17 +12298,17 @@\n s like a\n-%0A\n+ \n cornered\n@@ -12518,17 +12518,17 @@\n  to push\n-%0A\n+ \n people t\n@@ -12597,17 +12597,17 @@\n on, he%E2%80%99s\n-%0A\n+ \n one of t\n@@ -12749,17 +12749,17 @@\n thing at\n-%0A\n+ \n 1FMy1kpe\n@@ -12828,17 +12828,17 @@\n  charity\n-%0A\n+ \n before C\n@@ -12940,17 +12940,17 @@\n ce=post)\n-%0A\n+ \n * %5BBlock\n@@ -13191,17 +13191,17 @@\n e me too\n-%0A\n+ \n serious,\n@@ -13352,17 +13352,17 @@\n ier than\n-%0A\n+ \n that. 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      "author": "bitcoincore",
      "permlink": "roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist",
      "title": "Roger Ver: From Bitcoin Jesus to Bitcoin Antichrist",
      "body": "Roger Ver, the delusional guy that lies more in a single day than Mark Karpeles\ndid in his entire life, is at it again.\n\n![](https://cdn-images-1.medium.com/max/800/1*wCi9wTlLzBp1puNee-s8zw.jpeg)\n\n### Introduction:\n\nMost of my dear readers have probably heard about Roger Ver, otherwise you\nwouldn’t read this article, but maybe not everyone knows the full story. Roger\nwas born in the US, moved in 2005 to Japan, [bought a St Kitts and Nevis\npassport](https://www.bloomberg.com/news/articles/2014-06-15/-bitcoin-jesus-calls-rich-to-tax-free-tropical-paradise)\nand renounced his US citizenship in 2014.\n\nRoger is also an ex-convict, he was sentenced to 10 months in prison for selling\nexplosives on Ebay. Those explosives were illegal fireworks, which doesn’t sound\nthat bad, but imagine you or someone in your family being a delivery guy\nunknowingly carrying/delivering illegal fireworks, sounds a lot worse now\ndoesn’t it? Critics might say that it was a long time ago since it was in 2002\nand he was young and stupid. All this might be true but I think it’s important\nto paint the complete picture of how he thinks and acts.\n\nHe was an early investor and adopter of Bitcoin, his website was one of the\nearly ones that accepted Bitcoin as payment. According to some well-informed\npeople his total worth was around 400,000–450,000 BTC back in 2014. Of course\nsince then he has funded some Bitcoin companies and probably spend a good chunk\nof it.\n\nVer has been a very vocal Bitcoin advocate for many years and that’s why he was\nnamed “Bitcoin Jesus”. However his narrative has changed over the last couple of\nyears: from being a positive force trying to push Bitcoin forward, he has now\nbecome a negative force trying to cripple the system.\n\n### The Blocksize Debate:\n\nI know that this is a boring topic and it has all been discussed a million times\nand a million times Ver has been proved wrong but I’ll give you the tldr;.\n\nVer wants an immediate blocksize increase so everyone can pay for their coffee\nwith Bitcoin with no fees. He doesn’t realize the impact that has on\ndecentralization, blockchain bloat, processing of blocks on nodes,… Bitcoin Core\nwants to work on a sustainable solution with, potentially, later a blocksize\nincrease but first there has to be work done on efficiency.\n\nRoger is a broken record saying that people have stopped using or investing in\nBitcoin and switched to altcoins, never providing any proof of this statement.\nAnd if people stopped using Bitcoin, wouldn’t that mean that there would be more\nroom in blocks?\n\n“We must stop the fee market!” — if you take even a second to think about it, if\nwe would increase the blocksize now to 2MB, everyone would realize it would be\nfull again immediately. Lots of exchanges and other sites need to learn to\noptimize their processes so they are more efficient when it comes to handling\nBitcoin transactions.\n\nThe idea behind is that Satoshi in his whitepaper said that Bitcoin is a\npeer-to-peer cash system. The idea behind it is great, but that was written\nalmost a decade ago and Satoshi wrote it before the current Bitcoin ecosystem\nwas built. They will argue that Satoshi hinted at a blocksize increase himself\nin one of his later posts, and that might be a good idea, after the\noptimization.\n\nThis is the very short version, but that’s where it started.\n\n### Bitcoin XT? Bitcoin Classic? Bitcoin Unlimited!?\n\n**Bitcoin XT** was created by Mike Hearn and Gavin Andresen in an attempt to\naggressively increase the blocksize to 8MB. Roger Ver supported it, it never\ncaught on. Around the same time he started complaining and blaming the\ncensorship on Reddit /r/bitcoin for this failure.\n\n**Bitcoin Classic** was the next attempt. Instead of increasing it to 8MB they\nnow tried to argue that 2MB was a good idea. In March 2016 they managed to get\n7% of the total network hashing power to support them at that was it.<br> The\nmost noteworthy achievement is that in a very desperate attempt they tried to\nset up as many fake nodes on AWS as they could to try to look more popular as\nthey ever were. For the record: you can run as many nodes as you want, if they\nare on AWS they are extremely centralized and basically useless.\n\n**Bitcoin Unlimited **is** **the latest (soon to be failed) attempt, this time\nthey tried bribing. Bitcoin Unlimited received a “500,000 usd donation” and now\nadditionally there is a [1 million dollar grant](http://imgur.com/a/iv3m6) for\nalternative implementations. I think this kind of falls under the “bribing” part\nthat I will discuss later.\n\nIt is important to note who are the main supporters of bigger blocks:\n\n1.  Roger Ver\n1.  Jeff Garzik: founder of bloq which is focussed on private blockchains\n1.  Blockchain.info: Ver invested in it\n1.  Coinbase: burning through VC money and desperately needing an excuse as to why\nthey’re not growing fast enough\n1.  Bitmain: closely working with Ver for a while\n1.  Viabtc = Bitmain\n\nLet the experts do their thing and test everything properly, I will leave you\nwith a tweet from Peter Todd on this subject.\n\nAnd that’s the kind of incompetence you support if you follow Roger Ver’s advice\n\n### “Censorship! My kingdom for less Censorship!”\n\nThis is another favorite subject of the little Roger who cried wolf. He\ncomplains that there is (too much) censorship on /r/bitcoin. This started after\nBitcoin XT was launched. He blames Bitcoin Core for supporting it and being\nagainst free speech. Bitcoin core obviously has nothing to do with it, it\nconsists of 60+ developers of which there are 8–10 that are doing most of the\nwork. They are focused on developing and are way more active on the [public\nBitcoin mailing list](https://lists.linuxfoundation.org/pipermail/bitcoin-dev/)\nthan on Reddit, as they should be… since they are developers and not community\nmanagers or PR people.\n\nRoger claims that since they have not actively taken steps into removing Theymos\nit’s all their fault. So besides being a whiny little kid about, he took over\n/r/btc:\n\nOf course Bitcoin Classic is already dead at this point but anyway he took over\n/r/btc where there is full free speech, or so he claims. Unless you point out\nthat he’s wrong, that one of the mods was a scammer or anything else they didn’t\nlike. Then your posts would get removed and you would get shadow banned. Now\nthat they opened up the moderation logs it has been become more “subtle”, voting\nbots vote up every comment made by Roger or Olivier Janssens in seconds and vote\ndown any comment made by someone on their “naughty” list.\n\nBefore you check out /r/btc though I have to warn you to wear protection, or you\nmight catch something nasty and lose all hope in humanity. 90% of the posts are\npeople whining about Blockstream/Blocksize.\n\nCensorship and moderation is necessary to some extend. Even 4chan is being\nmoderated and posts are being removed. This is the internet, this isn’t utopia.\n\n1.5 months later:\n\n![](https://cdn-images-1.medium.com/max/800/1*gzdkPTkuaLlg5amgCXSZXA.png)\n\nBitcoin opinions shouldn’t be suppressed! Unless they go against mine then they\nshould be shut down immediately and people should get fired!\n\n### The Chinese (mining) connection\n\nIn the beginning of this year we had the Hong Kong meetup and agreement. A\ncouple of Bitcoin Core devs had a meetup with a couple of Chinese miners to\ndiscuss scaling. This was heavily criticized by Roger Ver, /r/btc and other\nBitcoin Classic supporters. Since they felt left out, even though they were\nbeing invited.\n\nA few months later however Roger Ver went to China, did exactly the same and\nacted like it was completely normal. The only person that he managed to “turn”\nwas Jihan Wu. Jihan had been very critical of Bitcoin Core and said that he felt\npushed into the Hong Kong agreement, even though I didn’t see any guns or other\nweapons that forced him. <br> Another couple of weeks pass and suddenly ViaBTC\nis born, a completely new Chinese pool that, out of nowhere, has around 7–8% of\nthe global hashrate. It has been spewing out Bitcoin Unlimited propaganda on\nTwitter and on Medium posts and has been mining Bitcoin Unlimited blocks.\n\nA new pool coming out of nowhere running an alternative implementation is very\nsuspicious indeed. It was pretty clear that this was part of another push by Ver\nwho this time works together with Wu. They have mentioned that they will only\naccept Segwit as a hardfork. Meanwhile Bitcoin Unlimited, not having any capable\ndevs, is not planning to implement Segwit in their implementation, thus trying\nto block scaling.\n\n### Bitcoin.com: The propaganda machine\n\nRoger Ver owns Bitcoin.com, it’s that simple. Be very critical of any news\nrelated articles on that website. Some of them are decent, others are just pure\npropaganda for Bitcoin Unlimited/blocksize increase and some are just[ PR\npieces](https://news.bitcoin.com/bitcoins-biggest-wallet-best-month-ever/) for\none of the many companies Roger invested in.\n\nIn a desperate attempt to monetize the website, they made an [online\ncasino](https://games.bitcoin.com/videopoker) on it.\n\nIf you go to the Bitcoin.com wallet page this is what you get to see:\n\nA bit odd since a small minority uses it… Oh but wait that’s the one Roger Ver\nis pushing… Now it makes sense.\n\nBitcoin.com also has a mining pool which runs… Bitcoin Unlimited, how could you\nhave guessed. But sadly no miners are interested in mining on his pool… How\nwould you change that? The Roger Ver way is of course: bribe!\n\nYou can call it buying hashrate or you can call it a bribe… I call it a bribe.\nHe’s allowed to of course, just says a lot about him.\n\nAvoid bitcoin.com.\n\n### Roger Ver and the Alts\n\nThis is a fun one. Because Bitcoin was so popular that no one was using it\nanymore and everyone was running to alts as Roger mentioned, he was pushing his\nbelieVers to some altcoins including Ethereum and Monero.\n\nThat was when bitcoin was $550, at the time of writing Bitcoin is $715. <br>\nMonero price then: 0.015 now: 0.0104<br> ~44% loss. <br> And it’s very very far\naway the 500 million to 1 billion that he predicted even though we are now “in\nthe next few months”.\n\nThe marketcap before was $1.1 billion, the marketcap afterwards was $1.2\nbillion. The combined marketcap now is $ 920 million, but again Bitcoin was a\nlot lower back then. <br> Ethereum price then: 0.0187 BTC now: 0.0139 BTC. <br>\nEthereum Classic price then: 0.0045 BTC now: 0.00127. <br> Combined then: 0.0232\nnow: 0.01517 BTC <br> ~53% loss.\n\nIt’s probably smart to countertrade him on altcoin calls.\n\n### Roger Ver: General ignorance vs blatant lies\n\nYes because making it more costly to run a full node will make more people do\nthat? Roger Ver logic.\n\nI agree… Lets see what you say 1 month later:\n\nNo proof. “Large Firms”… Ok then.\n\nDamn that sounds bad!\n\nSo he’s either incompetent or a liar… Good to know.\n\nThat’s really not how it works. A lot more money in crypto and a lot more\ninteresting projects. If Bitcoin is in a bear market, money flows to alts.\n\nBigger blocks = more tx capacity: True, but causes other issues<br> More tx\ncapacity = more users: No, no correlation<br> More users = higher price: Not\nnecessarily, more users now than in 2014. <br> Higher price = More valuable\nblock reward: True<br> More valuable block reward = more miners: Not at all,\ncost to get in and be competitive. Big miners will just buy more miners = more\ncentralization (see [Bitmains big\nmine](https://bitcoinmagazine.com/articles/bitmain-reveals-plans-for-major-bitcoin-mining-data-center-in-northwestern-china-1478797051))<br>\nMore miners = more secure and diverse Bitcoin: Again, no, bigger ones will get\nbigger.\n\nThis is the perfect conclusion for this section: If you want to run untested\nsoftware with a huge chance of DAO-like/Ethereum-like failure then yes, follow\nRoger Ver and start using Bitcoin Unlimited.\n\nIf you prefer to actually help Bitcoin grow, support the Bitcoin Core devs who\nhave a lot of experience, are the brightest minds in the industry and test their\nsoftware thoroughly.\n\n### Conclusion:\n\nA couple of months ago I was talking with a Bitcoin developer, he claimed that\nhe had a source close to Ver that said he was starting to lose it. His recent\nactions are just more proof of that. The lies, the bribing.. He is like a\ncornered animal, but one with a lot of money.\n\nMaybe he’s just not that smart.\n\nMaybe he really believes that he is right and just delusional.\n\nMaybe he’s trying to get even more cheap Bitcoin, maybe he’s trying to push\npeople to ZCash/Ethereum/Monero. Who knows. Truth is that, in my opinion, he’s\none of the biggest threats to Bitcoin in the community.\n\nBut lets #NeverForget MtGox.\n\nPS: If you enjoyed reading this feel free to donate something at\n1FMy1kpeCY7BESwUaVcM5XAy1bmaWJaXKv. I will be donating everything to a charity\nbefore Christmas. It’s that time of the year again ;).\n\n* [Bitcoin](https://medium.com/tag/bitcoin?source=post)\n* [Blockchain](https://medium.com/tag/blockchain?source=post)\n\nClapping shows how much you appreciated WhalePanda’s story.\n\n### [WhalePanda](https://medium.com/@WhalePanda)\n\nCrypto OG. Talks about Bitcoin and other cryptocurrencies. Don’t take me too\nserious, unless I’m serious. Happy Panda most of the time, Sad Panda sometimes.\n\nThe truth behind the mysteriously unconfirmed $23k payment is even funnier than\nthat. The reason the $23k payment never confirmed is that it spent a change\noutput from his wallet that had fallen victim of transaction malleability.\n\nSo not only would “bigger blocks now” not have solved the problem, but\nsegregated witness…\n\nVer didn’t create the /r/btc sub, it had been around for ages under someone\nelse, I was a mod there for a month or two when all discussion of alternative\nclients was first banned. When Theymos went full nuts and there was a big influx\nof people to /r/btc the head mod handed it over to Ver because none of us had\nenough time or experience to handle the size of the sub.\n\nCorrected it, didn’t know that, thanks for the info.\n\nHi, I’m a regular person frustrated with the recent “shit on this guy” attitude\neveryone has for each other, but lately it seems even more focused on Roger Ver.\n\n“Roger is also an ex-convict…”<br> So are literally hundreds of millions of\nother people in the world, are they not allowed to have opinions?\n\nHi Adam, since you’ve taken your time to write a full reply. I will write a full\nreply to you.\n\nThere is a reason why it’s more focused on Roger. His actions have gotten worse.\nThe little Roger who cried wolf about all the censorship going on tries to\ncensor and even gets Samson Mow fired. While he’s 100% about supporting…",
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      "permlink": "re-that-s-not-bitcoin-this-is-bitcoin-20170927t191119",
      "title": "",
      "body": "### ![jfnewbery](https://pbs.twimg.com/profile_images/906227164521021441/DNx4IwYx_normal.jpg) **[John Newbery](https://twitter.com/@jfnewbery/status/912853897504608256)** tweeted @ 27 Sep 2017 - 01:38 UTC\n\n> Some 2x folk believe that come November, Bitcoin Core contributors will start working on a project they don’t believe in. It ain’t so.\n\n\n### ![Vaultoro](https://pbs.twimg.com/profile_images/819252354012815361/CWqW6D5M_normal.jpg) **[Vaultoro J.Scigala](https://twitter.com/@Vaultoro/status/912603668813434880)** tweeted @ 26 Sep 2017 - 09:04 UTC\n\n> @BidadooBames @bhec39 @jessedain @Medium 1) We signed way before Bcash fork. Signed because I wanted to help dislod… [twitter.com/i/web/status/9…](https://t.co/SnwAuekxFW)\n\n\n### ![SDWouters](https://pbs.twimg.com/profile_images/751351421807763456/WdvcqFvB_normal.jpg) **[Sam Wouters](https://twitter.com/@SDWouters/status/862426991370358784)** tweeted @ 10 May 2017 - 21:59 UTC\n\n> Today 4MB ([#SegWit](https://twitter.com/search?q=%23SegWit)) would limit ppl who can run full nodes (on avg) to 100 countries, 8MB to 57, 16MB to 31… [twitter.com/i/web/status/8…](https://t.co/WSpVzbmN4o)\n\n\n###### *Disclaimer: I am just a bot trying to be helpful.*",
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      "author": "bitcoincore",
      "permlink": "that-s-not-bitcoin-this-is-bitcoin",
      "title": "That’s not Bitcoin, this is Bitcoin.",
      "body": "This became much longer than I originally planned. There’s a lot of information\nhere that is definitely worth reading, especially if you’re new to the\ncommunity. Whether you already agree with me or not, I recommend reading this so\nyou can pass it on to future members of the community. They are the most\nimportant ones that need to see everything I’ve referenced below. Not us.\nBecause this won’t end. #NO2X\n\n========================================\n\n“I don’t post on Reddit” was my unofficial motto while browsing Reddit, until\none day I was compelled into lecturing some person over why our grandmas won’t\nbe securing their own private keys.\n\n“I don’t post on Medium” wasn’t even a motto of mine. *Developers* post on\nMedium…right? People ‘*involved’* in this space post on Medium, and I’m\nnobody…right? I don’t code, I don’t have a name, I don’t have a following, and I\nconstantly make mistakes attempting to understand or explain the protocol to\nother people. **I’m just a user…**\n\n> “Wait, hold on, what is he talking about? What is ‘posting on Medium’ even\n> supposed to mean?” **-Everyone**\n\nYou’re right. The fact that I’m posting on *Medium* means nothing. It’s just the\nname of a website, with features that allow me to represent myself in the way I\nwish to be represented *in this moment*. Therein lies the underlying topic at\nhand. I *said* “Medium”* *but what I* meant *was the avenue that Medium happens\nto provide for me *at this moment.*\n\n> “Why is this significant? **-Probably Everyone**\n\nAllow me to reiterate: **I said Bitcoin, but what I meant was the avenue that\nthe current state of the protocol many of us refer to as Bitcoin happens to\nprovide for me…as a user.**\n\nWe’ll get back to that later. Anyway…\n\nBitcoin maximalists will say *“Bitcoin only works if most people run\nfull-nodes.”* It’s a great endeavor, and I wish them the best of luck, but I\npersonally don’t see our grandmas running full-nodes. What percent of the total\npopulation are grandmas? By the time they’re all running full-nodes we’ll all be\nassimilated into the singularity running our spinal-tapped full-nodes over a\nwireless decentralized global Internet. Sounds like fun.\n\n![](https://cdn-images-1.medium.com/max/600/1*blW4SQyFmTq0Oice3lDBsA.jpeg)\nThis picture serves no purpose other than to not dump you with a big wall of\ntext.\n\nCan *you* personally envision a world where most people run a full-node?\nElaborate on the intricacies of your mother’s day-to-day life while she runs a\nfull-node. Tell me *everything* she did in a single day, and where was the\nfull-node in these situations? Did she bring it with her to go shopping? What\nis* “most people”*? 51% of 7 billion? 90%? Are we including children in the\ntotal percent? Does this, or does this *not* count all the automated robots that\nwill be walking around with their own full-nodes built into their\n[bio?]mechanical bodies? The most plausible scenario for the near future circa\nthe “mass-adoption tipping-point” is one on every persons phone. Is that really\nsecure? Who’s building those clients? Will Apple have their own\nbuilt-in-walled-garden hardware version? Will they point all those built in\nclients to a seed node on *their* server? What implications would that have? Is\nit really even plausible?\n\nAll of those questions are *legitimate* questions, but while they are\nlegitimate, *they are a distraction*, because **having as many full-nodes as\npossible is imperative to Bitcoin, **and focusing on the *numbers* completely\nmisses that point.\n\nWell, actually…no it’s not. **It’s imperative to me, **it’s imperative to most\nof community, and it’s imperative to most of the developers paving the way for\nthis technology right now.* The *Bitcoin doesn’t care.\n\n![](https://cdn-images-1.medium.com/max/800/1*8HN3IfmgIwAHrhNdDTA4fw.png)\n\nClearly it’s *not* imperative to some people. Not to a select few developers, or\nto some of the people who invested early and already got rich, or those who\nhappen to be successful at marketing themselves out to be important. It’s also\nnot imperative to the *Ethereum* community, but let’s hold off on that until\nlater…\n\n![](https://cdn-images-1.medium.com/max/800/1*lwUKwjvIOUipxMmE_Le-NA.png)\n\nSee how they attempt to differentiate between full-nodes that mine and those\nthat don’t? Through misinformation, and use of the tactics I used in the earlier\nparagraph (asking legitimate, but redirecting questions), they been successful\nat garnering a following, and full-nodes are not imperative to that group that\nfollows them either. We’ve all heard the Satoshi datacenter quote ad-nauseam.\nHave you heard it yet?\n\n![](https://cdn-images-1.medium.com/max/800/1*l1CwxY0btnbG9S793fQkSA.png)\n\nI’m sorry, but Satoshi isn’t a god, and nobody is perfect. It’s easy to quote an\nindividual for your cause when you know they can’t clarify their opinions in an\n[updated context](https://github.com/lightningnetwork/). Satoshi didn’t predict\nturning all nodes into a payment channel network ([although he touched on the\nsubject in correspondence with Mike\nHearn](https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-April/002417.html)).\n**Every major cryptocurrency is adopting payment channel technology**, but you\nstill see these propaganda pushers try to knock down the technology in the name\nof *The* Bitcoin:\n\n![](https://cdn-images-1.medium.com/max/800/1*Vw1LKjDF3nIxEGDOOL3Mkw.png)\n\nCan anyone source this? I tried, I can’t. Maybe it was paraphrased to fit 140\ncharacters, maybe Vitalik said something else and Ver molded it into something\nhe never even meant. Maybe Vitalik deleted it. Even if he did, *maybe he changed\nhis mind:*\n\n![](https://cdn-images-1.medium.com/max/800/1*MriGUWUGW1HnD6H5IMwpUw.png)\n\nNotice the dates on those posts? [Roger\nVer](https://www.justice.gov/archive/criminal/cybercrime/press-releases/2002/verPlea.htm)\nknows full well about the Raiden Network (Ethereum’s Lightning Network) and\nVitalik’s support for it, yet he still uses quotes older than (presumably) 1.5\nyears ago, to instill this nonsense into the minds of the constantly growing set\nof new & uninformed people joining this community. This type of propaganda isn’t\ngoing to go away. Did you notice the ‘Pro Bitcoin Unlimited’ tag I have for the\nuser in the old Bitcoin-*XT* subreddit? Same campaign, different flag: **Take\ncontrol of the network. Take control of the name Bitcoin.**\n\nThis is an ongoing propaganda campaign that needs to constantly be shot down.\nNew people coming into the community don’t know the history, they don’t know the\nideology, and they don’t know about the reoccurring tactics these groups use.\n\nHere’s a great one from the famous “I’m Satoshi” fraud:\n\n![](https://cdn-images-1.medium.com/max/800/1*ZLBw8gf6rEbWht0EJSPZgA.png)\n\nLike the caption says, he made that picture. He went on a Twitter spree that day\nwith screenshots of random arbitrary charts, [you can go look for\nyourself.](https://i.imgur.com/z15RtEp.png) Here’s his\n[Twitter](https://twitter.com/proffaustus), and here’s an actual image of the\n*current* Satellite coverage Blockstream’s satellite network has, **that they\njust launched:**\n\n![](https://cdn-images-1.medium.com/max/800/1*6D8wQEOS3zdRZ9rV_Bq3sg.png)\n\nMuch different, specifically: **This one wasn’t hand drawn by a fraud** to make\nit look like China was exclusively “blocked”, and permanently for that matter…\n\nIf they wanted no block-size they could’ve went to Ethereum, if they don’t care\nabout the average users ability to run a node diminishing over time, they could\ngo to Ethereum. **Or they could go to Bitcoin Cash…**but somehow they still push\nSegWit2X after already getting their fork.\n\nProTip: It’s because they don’t really want Bitcoin to succeed. They are\ndividing, and attempting to conquer.\n\nIf you still for some reason want no limit to the block size, here’s a real\nworld example of a chain that doesn’t have one. The Ethereum [data directory\nsize is growing exponentially](http://bc.daniel.net.nz/) for them because of the\nabsent cap, but they just don’t care, **and that’s totally fine because they\naren’t trying to hijack our system:**\n\n![](https://cdn-images-1.medium.com/max/800/1*47aJ2oL23VW-jJGhkgumRw.png)\n\n![](https://cdn-images-1.medium.com/max/800/1*B7FOgmEU458yq3GJ8RXviA.png)\n\nFor reference, here’s the two links /u/senzheng provided:\n[1](https://iancoleman.github.io/blocksize/#_),\n[2](https://twitter.com/SDWouters/status/862426991370358784).\n\nThe issue is mentalities like these bleed over into the Bitcoin community and\ncause divides that lead to an obvious fallout: Chain splits, and the fight over\nthe title of *The* Bitcoin.\n\nSo what happens when there’s an ideological split among the community? Other\nprotocol implementations that are used to muddy the waters and sway public\nopinion are well known: block-size cap, total supply cap, miner version-bit\nsignaling. What happens when a group of people decide that they want *The\n*Bitcoin to *remove* (not just increase) the *“arbitrary”* limitation on block\nsize? Is anyone *for* removing the 21 million coin cap? No? Don’t be surprised\nwhen that becomes a target too. Ethereum already took both of those away…\n\nHow much weight do your ideologies really hold against the 7 billion people who\nhave no idea what we’re even talking about right now? 7 billion people who are\neasily influenced by misinformation. Are you prepared to publicly make the claim\nthat 7 billion people don’t know what they’re talking about, and that they\nshould be listening to *you*?\n\n### So what exactly does the name ‘Bitcoin’ mean?\n\n> [What does it mean to be an\n> American?](http://www.scholastic.com/browse/article.jsp?id=5235)** —\nScholastic**\n\n> “It is great to be an American. We get to play sports and eat lots of food. We\n> get lots of toys, all because we are free — the best thing of all.”<br>\n**-Austin B.**, 11, Wisconsin\n\nDo you think Austin knew about the USA Patriot Act that Congress signed into law\nless than a year from when [Scholastic\nasked](http://teacher.scholastic.com/scholasticnews/indepth/911/activities_american.asp)\nchildren to send their opinions in?\n\nAlso notice how Austin *said* “America”, but what he *meant* was the avenue that\nthe current state of his country provides for him *as a citizen*** **to play\nsports and eat lots of food? Not really, but do you get **the point**?\n\nSparing any 1984 analogies, what happens to the definition of America should\nsports and excess food no longer be an option for Austin? What happens to the\n*title* his ideology currently goes by? What will represent freedom in 500\nyears? What does it mean to be a\n[Roman](https://en.wikipedia.org/wiki/Ancient_Rome)?\n\nThis is what really drove me to Medium, because a Reddit response isn’t\nsufficient enough to address these reoccurring debates that* *meddle with my\nideology, in the name of *The* Bitcoin, which props up in a variety of ways from\nmany different perspectives. Here’s one:\n\n![](https://cdn-images-1.medium.com/max/800/1*4tvGzfJTvKR3JYpkb8EkLA.png)\n\nFirst and foremost let’s actually address the technicalities of the above\nargument: [Chain reorganizations are not protocol\nchanges](https://en.wikipedia.org/wiki/Association_fallacy)**, and the phrase\n“longest valid chain” refers to the former, not the latter.**\n\nEven then, the size of the *‘difficulty sum’ *of all blocks in a chain\ndetermines validity in re-orgs, **not block height**:\n\n![](https://cdn-images-1.medium.com/max/800/1*eAPmfvOzDHTU64Hm4vqhGw.png)\n\nUsing the ‘*LVC’* argument to try and justify why the fork you’re backing\nshould/will hold the title of *The* Bitcoin is a fallacy akin to justifying why\nyou skipped out on school today with the excuse “I couldn’t find my schoolbag”,\nas if breaking your normal morning protocol somehow renders school itself\nuseless:\n\n> *Bitcoin = [wake up→shower→***grab schoolbag***→walk to school]*\n\n**Queue the analogy Nazis.**\n\n> “I’m glad we cleared all of that up, now I finally get it. So that’s all, right?\n> The longest chain measured by the sum of the difficulty of all the blocks is\nBitcoin, correct?”* ***-BTC-101 Student /\n**[GMTH-203](https://en.wikipedia.org/wiki/Game_theory)** Student**\n\nNope.\n\nSee what I did there? I mirrored the response of someone who either didn’t get\nthe point (don’t worry, we’ll get there), **or is ignoring it and just trying to\nleverage their argument** for the fork of their choice with arbitrary technical\nmerit. Yes, *arbitrary technical merit***. **I could name some Core developers\nwho wouldn’t be too happy with that statement, despite the fact that I’m on\ntheir side, but I don’t care because it *is* arbitrary, given the overarching\npoint.\n\nLet me make this clear: **It doesn’t matter what stance you take on any\nproposal, if you do this you either don’t get it or you are being deceptive.**\n\nIn other words: **Technicalities don’t define The Bitcoin. Social consensus\ndoes**, because language is an inherently social construct. Furthermore, my\nideology doesn’t define *The* Bitcoin either, because social consensus may not\nalways align with what I currently want out of all of this, or my ideology might\nchange in the future.\n\n![](https://cdn-images-1.medium.com/max/800/1*DQc8HuZGmTHpH81dczcBjA.png)\n\nThis a blatant admission of my point about deceptive tactics. Using the block\nsize to spur division among the community when the reality is they want to take\ncontrol away from the developers. On top of all of this, Vinny is a proponent of\nEthereum and the CEO & co-founder of a company with a token on the Ethereum\nnetwork. Can you guess where his incentives align? Don’t you think he would be\nbetter off if Ethereum was successful and the Bitcoin community was divided?\n\nTo be fair, Vinny’s response to that leaked email was to share more emails,\nhere’s an excerpt:\n\n![](https://cdn-images-1.medium.com/max/800/1*a_GPUfebqjndmL3m2jHCxw.jpeg)\n\nSo basically, he’s still (or was in August) in support of SegWit2X going ahead\nwith it’s [dead in the water](https://github.com/btc1/bitcoin) chain split,\nbecause if Bitcoin works as planned, it won’t matter…While [other companies\ncontinue to back out](https://twitter.com/Vaultoro/status/912603668813434880) of\nthe agreement they *originally* signed with the intent to keep everyone\ntogether, but now because of Bitcoin Cash, *the whole agreement is moot.*\n\nTangentially, 1 CPU / 1 Vote was a phrase used when everyone actually mined with\nCPUs *while running their nodes.* Another famous Satoshi quote that can’t be\ndefended because he’s effectively out of the equation. The entire environment is\ndifferent now.* *How you can even justify using that line is beyond me when a\nsingle entity controls (conservative estimates) ~20+% of all the hashing power,\ncontinues to mine empty blocks *but complain about not enough space,* **created\nBitcoin Cash** and forced the network to fork once already…\n\n…Moving on…\n\nThe following is an example of a person who *gets it*, but tries to leverage the\ntechnicalities of the protocol while ignoring the broader scope of the argument\nwith Charlie. Deceptively conflating client reorganization with protocol\nchange/upgrades, and claiming UASF’s have no effect on *The* Network (see what I\ndid there?) by using technicalities as leverage for their argument:\n\n![](https://cdn-images-1.medium.com/max/800/1*eh90g6do0uEUVyHHviINug.png)\n\n![](https://cdn-images-1.medium.com/max/800/1*yvE9uOTQz_dOsmHa1SS1Gg.png)\n\nOther Realities: Civil war, peaceful secession.\n\nMuch further down this thread, after some work, this person admitted to not\ncaring what the masses eventually called *The* Bitcoin, claiming it doesn’t\nmatter. It was the only thing we agreed on, and renders the whole conversation\nthey had with Charlie moot, *but readers don’t know that* if they don’t follow\nthrough with the entire dialogue. The initial top level comment is all that\nmatters because *it gets the most visibility.*\n\nTo reiterate, chain reorganizations are not protocol changes, conflating the two\nfor argumentative benefits is deceptive, and if you still don’t get it here’s a\nfew examples:\n\n* When Bitcoin activated SegWit, it was a protocol change, not a re-org.\n* Bitcoin Cash was a protocol change, not a re-org.\n* If Jeff Garzik’s baby-child SegWit2x actually gets off the ground and forks\naway, it will be a protocol change, not a re-org.\n* **Ethereum **was a protocol change (that happened to involve creating an\nentirely new transaction database)… …not a re-org.\n\n> “Re-org-shme-org! SEMANTICS!” **-Craig Wright**, Boy Genius / Not Satoshi\n\nNo, not really. Re-orgs happen all the time without any change to the protocol.\nIt’s a built in client mechanism that has nothing to do with upgrades, or claim\nto the title of *The *Bitcoin. The key is understanding that some protocol\nupgrades try to **leverage** re-orgs (soft-forks), while other protocol upgrades\nattempt to **supersede** re-orgs (hard-forks), and that neither of them are\nintrinsically bad for *le* Bitcoin, they just have their own use cases.\n\nHopefully by now you’re starting to catch on here. Protocol upgrades are\ninherently *social* in nature. **The naming conventions assigned to those\nchanges are also inherently social in nature.** Re-orgs are inherently *not\n*social in nature, or whatever the silly term is for network logic. I *could*\nlook it up, but not doing so helps drive the point even closer to home, *it\ndoesn’t matter*. **Protocols don’t evolve on their own,** and a billion re-orgs\nwouldn’t change a single line of code, so using it to justify your fork is a\nfallacy.\n\n### So where am I really going with this all of this?\n\nWell, for starters, if you share my ideology, **you need to share this post.\n**The community will keep growing until *everyone* is the community. Education\nwill never end. You can’t get frustrated, you need to learn how to properly\nsource, reference posts & quotes, and ask the same basic thought provoking\nquestions **without being rude **and saying/thinking “not this again”. Everybody\nis new to the community at some point, and this won’t end. Ever. Period. Will\nyou tell your kids “not this again, just look at the github”? No.\n\nI don’t expect everyone to do this. I don’t expect everyone to have the time or\nthe energy. That’s one of the reasons I put this post together and sourced a\nbunch of quotes from various members of the community. The **least** you could\ndo is reference this when someone asks you “what do you mean” by misinformation\nand lies.\n\nEqually important, and the original underlying theme this post was *supposed* to\nhave, is understanding that** at some point, Bitcoin might not represent itself\nin a way that aligns with your ideology.** If these misinformation tactics prove\nto be successful, they’ll own the name Bitcoin. The developers are gone if that\nhappens, they’ve all been pretty vocal about it too, either by moving on to a\ndifferent projecting or continuing to support the chain that wasn’t stolen from\nus by the corporations, whatever name it winds up getting called (*I’ll *be\ncalling it Bitcoin).\n\nScreenshots courtesy of John Newbery, Bitcoin Dev:\n\n![](https://cdn-images-1.medium.com/max/800/1*6HpyC_H2CeRmamdQPAAH-A.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*LWSPdsp0lWiGmTOs3q0ZnQ.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*1KWa_eQ1mwu25-46ykhBfA.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*qOJILmGShKmWuhUxqAgx_Q.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*wl0ZewqYWoT0TWUfNt8u6g.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*unc6nfBfA9ozL1lO-GGeNw.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*JwYifIeBYobVYRfo7erh3g.jpeg)\n\n![](https://cdn-images-1.medium.com/max/800/1*1zi3WgLx7r1rB8CH8ZcOjA.jpeg)\n\n[Reddit\nthread.](https://www.reddit.com/r/Bitcoin/comments/72esf4/supporting_segwit2x_btc1_equals_abandoning_btc/)\n\n[Twitter chain.](https://twitter.com/jfnewbery/status/912853897504608256)\n\n[Bitcoin Core Blog\nPost.](https://bitcoincore.org/en/2017/08/18/btc1-misleading-statements/)\n\nI don’t know what’s going to happen if the network splits again, but I know that\n**if we lose the name Bitcoin** (because that’s what this whole propaganda\ncampaign is about) **it won’t be good.** Maybe I’m over concerned, maybe not.\nThe only thing I can suggest is you take a look at what Bitcoin Cash’s most\nprominent **miner** said about the recent chain BCash split:\n\n![](https://cdn-images-1.medium.com/max/800/1*ia5Gj6K-iUiEP0QCla1uIQ.png)\n\n    Bitcoin Cash is not Bitcoin\n    England = Bitcoin\n    America = Bitcoin Cash\n\nNow take a look at what Bitcoin Cash’s most vocal **user** said about the recent\nchain split:\n\n![](https://cdn-images-1.medium.com/max/800/1*pxzX4sBZN9J-fbnqiSEK9Q.png)\n\n![](https://cdn-images-1.medium.com/max/800/1*O1JudZ7lblhzqHM6WPYl4Q.png)\n\n    Bitcoin Cash is Bitcoin\n    England = Bitcoin Cash\n    America = ???\n\nDid that help clear things up for you? They can’t even agree between themselves,\nbecause all they care about is stealing the name or dividing the community.\n\n### #NO2X\n\nTwitter List:\n[https://twitter.com/StopAndDecrypt/lists/no2x/members](https://twitter.com/StopAndDecrypt/lists/no2x/members)\n\n* [Bitcoin](https://medium.com/tag/bitcoin?source=post)\n* [Segwit](https://medium.com/tag/segwit?source=post)\n* [Bitcoincash](https://medium.com/tag/bitcoincash?source=post)\n* [Segwit2x](https://medium.com/tag/segwit2x?source=post)\n* [Cryptocurrency](https://medium.com/tag/cryptocurrency?source=post)\n\nClapping shows how much you appreciated StopAndDecrypt’s story.\n\n### [StopAndDecrypt](https://medium.com/@StopAndDecrypt)",
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