First Interview With Olivier Janssens After 'The Truth ...

03-07 21:02 - 'Well hello, Olivier "[Muslims are parasites]" Janssens! Have you censored any new websites publishing your dehumanizing Hitler-esque commentaries lately?' by /u/verexplosivesinc removed from /r/Bitcoin within 15-20min

'''
Well hello, Olivier "[Muslims are parasites]1 " Janssens! Have you censored any new websites publishing your dehumanizing Hitler-esque commentaries lately?
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: verexplosivesinc
1: https://www.reddit.com/Bitcoin/comments/2xo7zv/new_foundation_member_olivier_janssens_has_called/
submitted by removalbot to removalbot [link] [comments]

Bitcoin Foundation Elects Olivier Janssens and Jim Harper as New Board Members

Bitcoin Foundation Elects Olivier Janssens and Jim Harper as New Board Members submitted by BTCNews to BTCNews [link] [comments]

We must become organised to stop a corruption of the BCH protocol

Yesterday BitcoinABC released version 0.21 of their client. In this release a consensus rule is included that requires all BCH miners to pay 5% of their block subsidy and 5% of the fees they receive to a set of up to 4 BCH addresses. These addresses are controlled by:
This significant change in the protocol is to be activated using a BIP9 method. It will activate when at least 66% of 2016 blocks are produced by miners running their new release. There is no end date for the tax once it has been activated, so it will go on indefinitely unless manually removed with another hardfork.
This is occurring in the context of an almost unanimous opposition by the BCH ecosystem of businesses, miners, projects and users. This is something that they are fully aware of and have decided to ignore and push ahead anyway.
While it is of course true that the community needs to make sure there is sufficient funding for the projects within the BCH ecosystem that deserve it, and that the funding is provided voluntarily, there are currently numerous efforts under way to create software that makes this as simple as possible. For example, Flipstarter, U-DID, , and pool Donations. There is also a significant amount of will in the community to provide funding if sensible and concrete proposals are put forward.
This change is not only a fundamental change to the properties of Bitcoin as described in the original whitepaper, but has the high likelihood of causing a major split if the entire ecosystem does not work towards stopping it from happening.
Many of us are now organising an effort to oppose this fundamental change. We need as much of the ecosystem as possible to put their effort into stopping this if you don't want this to happen, so please join us at:

t.me/notaxBCH

In the interest of showing again just how much of the ecosystem is against this change I have added the list again below.

Businesses, Infrastructure, Projects & Institutions

Developers

Individuals

submitted by singularity87 to btc [link] [comments]

A 10 year overview on Banks & Crypto:

Olivier Janssens: Source
submitted by MemoryDealers to btc [link] [comments]

The main reason(s) why the BU coalition is blocking segwit according to one of their main backer

Today, I was discussing BU with somebody who claims to be one of the main persons originally behind Bitcoin Unlimited and also claims to be part of a specific group of early adopters including Roger Ver and Olivier Janssens. This person is followed by all of them, including Jihan WU on twitter and is often participating in the "debate" so I'm inclined to believe him.
Although most of his first arguments are just different variants of critiques against Core, I tried to get the bottom of it and I'm pretty sure I found it.
After hours of discussion, his main argument was that was that we need to scale bitcoin to "billions". So when I pointed out that to do that we need both increase in blocksize + onchain optimization AND layer2 scaling via smartcontracts (Such as lightning and others), he finally conceded that their group is just paying lipservice to offchain but that they think that (without being able to explain why) smartcontracts were diminishing the value of Bitcoin as money. This seems to coincide well with the fact that Roger Ver describes fixing malleability as a "non-urgent" problem. They see both fixing malleability and the new weighting of transactions in segwit as enabling of smartcontracts vs the simple use of Bitcoin as "dumb digital money" that according to them would make it more valuable.
So there you have it: Bitcoin Unlimited exists to block segwit. So If you find yourself not wanting to choose "camps", don't expect any compromise such as BU+Segwit from Bitcoin Unlimited side. That's the only reason for Bitcoin Unlimited existence in the first place. And If you want to support Bitcoin Unlimited, remember that there will be no malleability fix, no enhanced smart contracts, no enhanced fungibility. That's the price to pay for the mining pools to support bigger blocks via BU.
It seems that these pools might be afraid of competition of layer 2 smartcontracts such as lightning AND they also fear segwit will enable privacy enhancements as explained by Huang shiliang on 8btc a few months ago. As you can see here:
Huang Shiliang is sponsored by an anonymous doner (I'd bet Jihan Wu) to write theses anti-segwit, anti-lightning, anti-privacy articles. As you can see here:
That's it!
submitted by Taidiji to Bitcoin [link] [comments]

Bitcoin Scaling Debate Revisionism: Olivier Janssens Attempts to Right the Record

https://coinspice.io/news/bitcoin-scaling-debate-revisionism-olivier-janssens-attempts-to-right-the-record/
submitted by afriendofsatoshi to btc [link] [comments]

Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and promoters (like OpenBazaar team) for the B2X (S2X/NYA) attack on Bitcoin.

*Open Bazaar was crossed-out after their S2X support retraction, see edit at bottom.
These guys have deep pockets, but as you will see below, they are funded by even deeper pockets.
We can't leave this to chance or "the markets to decide" when there is such a malicious intent to manipulate the markets by those powerful players. So that's why all the people saying: "Don't worry, S2X won't happen" or "S2X is DOA" need to stop, we are at a 'make-or-break' moment for Bitcoin. It's very dumb to underestimate them. If you don't know yet who those malicious players are, read below:
We need to keep exposing them everywhere. Using Garzik as a pawn now, after they failed when they bought Hearn and Andresen (Here are the corrupted former 'good guys'), they are using the old and effective 'Problem-Reaction-Solution' combined with the 'Divide & Conquer' strategies to try to hijack Bitcoin. Well, effective before the current social media era, in which hidden motives can be brought to the light of day to be exposed.
Public pressure works when your profits depend on your reputation. The social media criticism worked for companies like Open Bazaar, which after weeks of calling them out on their S2X support, they finally withdrew it.
Please contact the companies on these lists if you have any type of relationship with them, we have just a few days left until the fork:
Regarding OpenBazaar:
* openbazaar (OB1) developer appears to be spreading pro s2x fud. someone needs to fork their project
* PSA : Open Bazaars latest investment round was for 200K from Barry Silberts DCG (Digital Currency Group)
(See edit at the bottom)
B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
Every bitcoiner should know about what DCG (Digital Currency Group) is, and call out publicly these crooks and the people they bribed that are working for the Corporations/Bankers against Bitcoin:
Brian Armstrong, Winklevoss brothers, Bobby Lee, Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia (and all OB1 team)(see edit at the bottom), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins (Federal Reserve Board of Directors), Bill Barhydt and Jiang Zhuoer.
Once people are informed, they won't be fooled (like all the poor guys at btc) and will follow Bitcoin instead of the S2X or Bcash or any other centralized altcoin they come up with disguised as Bitcoin.
DCG (Digital Currency Group) is the company spearheading the Segwit2x movement. The CEO of DCG is Barry Silbert, a former investment banker, and Mastercard is an investor in DCG.
Let's have a look at the people that control DCG:
http://dcg.co/who-we-are/
Three board members are listed, and one Board "Advisor." Three of the four Members/advisors are particularly interesting:
Glenn Hutchins: Former Advisor to President Clinton. Hutchins sits on the board of The Federal Reserve Bank of New York, where he was reelected as a Class B director for a three-year term ending December 31, 2018. Yes, you read that correctly, currently sitting board member of the Federal Reserve Bank of New York.
Barry Silbert: CEO of DCG (Digital Currency Group, funded by Mastercard) who is also an Ex investment Banker at (Houlihan Lokey)
And then there's the "Board Advisor,"
Lawrence H. Summers:
"Chief Economist at the World Bank from 1991 to 1993. In 1993, Summers was appointed Undersecretary for International Affairs of the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury. While working for the Clinton administration Summers played a leading role in the American response to the 1994 economic crisis in Mexico, the 1997 Asian financial crisis, and the Russian financial crisis. He was also influential in the American advised privatization of the economies of the post-Soviet states, and in the deregulation of the U.S financial system, including the repeal of the Glass-Steagall Act."
https://en.wikipedia.org/wiki/Lawrence_Summers
Blythe Masters:
Former executive at JPMorgan Chase.[1] She is currently the CEO of Digital Asset Holdings,[2] a financial technology firm developing distributed ledger technology for wholesale financial services.[3] Masters is widely credited as the creator of the credit default swap as a financial instrument. She is also Chairman of the Governing Board of the Linux Foundation’s open source Hyperledger Project, member of the International Advisory Board of Santander Group, and Advisory Board Member of the US Chamber of Digital Commerce.
https://en.wikipedia.org/wiki/Blythe_Masters
Seriously....The segwit2x deal is being pushed through by a Company funded by Mastercard, Whose CEO Barry Silbert is ex investment banker, and the Board Members of DCG include a currently sitting member of the Board of the Federal Reserve Bank of New York, and the Ex chief Economist for the World Bank and a guy responsible for the removal of Glass Steagall.
It's fair to call these guys "bankers" right?
So that's the Board of DCG. They're spearheading the Segwit2x movement. As far as who is responsible for development, my research led me to "Bitgo". I checked the "Money Map" https://i.redd.it/15auzwkq3hiz.png And sure enough, DCG is an investor in Bitgo.
(BTW, make sure you take a good look take a look at the money map and bookmark it for reference later, ^ it is really helpful.)
"Currently, development is being overseen by bitcoin security startup BitGo, with help from other developers including Bloq co-founder Jeff Garzik."
https://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-miners-offer-optimistic-outlook/
So Bitgo is overseeing development of Segwit2x with Jeff Garzick. Bitgo has a product/service that basically facilitates transactions and supposedly prevents double spending. It seems like their main selling point is that they insert themselves as middlemen to ensure Double spending doesn't happen, and if it does, they take the hit, of course for a fee, so it sounds sort of like the buyer protection paypal gives you:
"Using the above multi-signature security model, BitGo can guarantee that transactions cannot be double spent. When BitGo co-signs a BitGo Instant transaction, BitGo takes on a financial obligation and issues a cryptographically signed guarantee on the transaction. The recipient of a BitGo Instant transaction can rest assured that in any event where the transaction is not ultimately confirmed in the blockchain, and loses money as a result, they can file a claim and will be compensated in full by BitGo."
Source: https://www.bitgo.com/solutions
So basically, they insert themselves as middlemen, guarantee your transaction gets confirmed and take a fee. What do we need this for though when we have a working blockchain that confirms payments in the next block already? 0-conf is safe when blocks aren't full and one confirmation should really be good enough for almost anyone on the most POW chain. So if we have a fully functional blockchain, there isn't much of a need for this service is there? They're selling protection against "The transaction not being confirmed in the Blockchain" but why wouldn't the transaction be getting confirmed in the blockchain? Every transaction should be getting confirmed, that's how Bitcoin works. So in what situation does "protection against the transaction not being confirmed in the blockchain" have value?
Is it possible that the Central Bankers that control development of Segwit2x plan to restrict block size to benefit their business model just like our good friends over at Blockstream attempted to do, although unsuccessfully as they were not able to deliver a working L2 in time?
It looks like Blockstream was an attempted corporate takeover to restrict block size and push people onto their L2, essentially stealing business away from miners. They seem to have failed, but now it almost seems like the Segwit2x might be a culmination of a very similar problem.
Also worth noting these two things, pointed out by Adrian-x:
  1. MasterCard made this statement before investing in DCG and Blockstream. (Very evident at 2:50 - enemy of digital cash watch the whole thing.) https://www.youtube.com/watch?v=Tu2mofrhw58
  2. Blockstream is part of the DCG portfolio and the day after the the NYA Barry personal thanked Adam Back for his assistant in putting the agreement together. https://twitter.com/barrysilbert/status/867706595102388224
So segwit2x takes power away from core, but then gives it to guess who...Mastercard and central bankers.
So, to recap:
Did we just spend so much time fighting and bickering with core that we totally missed the REAL takeover of Bitcoin, happening right before our eyes, by the likes of currently serving Federal Reserve Bank of New York Board Members?
And before you dismiss all those hard and documented facts as just a 'conspiracy theory', think about this:
Of course, who thought that the ones holding the centralized financial power today (famous for back-door shady plots to consolidate even more power and control), would sit on their hands and let Bitcoin just stroll in and easily take that power away from them?
So, it is not a crazy conspiracy theory, but more like the logical and expected thing to happen. Don't let it happen.
Edit: Formatting.
Edit 2: Brian Armstrong taken out of the 'bad guys' list.
Edit 3: Welp, Brian Armstrong back on the blacklist for this flip-flop. And added Winklevoss Brothers for this, and Bobby Lee for this.
Edit 4: Due to Brian Hoffman just issuing this excellent and explicit S2X/NYA support retraction, I created this post to apologize for my previous posts (calling them out for the S2X support) and I will be editing my posts to reflect this positive change. I'm gladly back to being a supporter of the great and promising project that OpenBazaar has proven to be.
Edit 5: Added Blythe Masters (How could we leave her out?).
Edit 6: Added links to lists of companies supporting S2X/NYA.
submitted by readish to Bitcoin [link] [comments]

Bitcoin Scaling Debate Revisionism: Olivier Janssens Attempts to Right the Record

https://coinspice.io/news/bitcoin-scaling-debate-revisionism-olivier-janssens-attempts-to-right-the-record/
submitted by afriendofsatoshi to CoinSpice [link] [comments]

Jeff Garzik: “Today, bitcoin faces existential threats from forks, developer drama and so on. Knowing what we know and having a clean sheet of paper, we asked what would we build and the answer is this”.

...oh, so that explains it.
The old and effective Problem-Reaction-Solution strategy. Well, effective before the current social media era, in which hidden motives can be brought to the light of day to be exposed.
I will keep posting this until the very day of the fork, with the hope that more bitcoiners learn the true nature of S2X/B2X/NYA open attack on Bitcoin disguised as an "upgrade". This is a 2X Trojan Horse, and do you know who is inside that horse? Top level banker's special-forces like Blythe Masters, Larry Summers, Glenn Hutchins (sits on the board of The Federal Reserve Bank of New York) and DCG (Digital Currency Group).
We need to keep our efforts to expose and inform people about what S2X/NYA/DCG really is. Don't trust and don't do business with these companies and individuals supporting the S2X attack on Bitcoin.
Companies:
https://coin.dance/poli
http://segwit.party/nya/
Individuals:
Those guys are pure greed, they don't care about the 7 billion of people on this planet. Expose them and don't give them your business. Starve the beast. They will regret sticking with the B2X altcoin that will go the BCH way (and all the other highjack attempts before them). Moneybadger don't care and only gets stronger and immunized after each snake-bite.
Actually >99% of the Bitcoin community supports the real Bitcoin. The centralized B2X-coin attack is only supported by a handful of rich crooks and the people they've managed to bribe with their deep pockets:
Brian Armstrong, Fred Ehrsam (ex-Goldman Sacks), Bobby Lee, Winklevoss brothers, Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia (and all OB1 team), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins, Bill Barhydt and Jiang Zhuoer.
I posted this 18 days ago:
Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and promoters (like OpenBazaar team) for the B2X (S2X/NYA) attack on Bitcoin.
TL;DR: B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
Every bitcoiner should know about what DCG (Digital Currency Group) is, and call out publicly the people that are working for the Corporations/Bankers against Bitcoin.
Edit: Brian Armstrong back on the list for this flip-flop. And added Winklevoss Brothers for this, and Bobby Lee for this.
submitted by readish to Bitcoin [link] [comments]

It is time to unite, organize and squeeze-out any possible viability for S2X/NYA.

And the simplest, cheapest, fastest and more efficient way to do it is this one:
Expose to the sunlight what DCG is and who is behind it
First, let's just post the links to the sites listing all the companies supporting the attack for quick reference:
https://coin.dance/poli
http://segwit.party/nya/
Then, let's post a list of the individuals still supporting this attack despite the overwhelming evidence presented to them about how and why S2X is not only totally pointless from the technical as well as economical (benefit for the whole ecosystem and not just a few) points of view and also about how and why S2X is an open attack on Bitcoin.
Those guys are pure greed, they don't care about the 7 billion of people on this planet. Expose them and don't give them your business. Starve the beast. They will regret sticking with the B2X altcoin that will go the BCH way (and all the other highjack attempts before them). Moneybadger don't care and only gets stronger and immunized after each snake-bite, that is as a system, but we, as individuals, do care and must be proactively working against this attack.
Actually >99% of the Bitcoin community supports the real Bitcoin. The centralized B2X-coin attack is only supported by a handful of rich crooks and the people they've managed to bribe with their deep pockets, so here they are:
Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia (and all OB1 team), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Brian Armstrong, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins and Jiang Zhuoer.
DCG (Digital Currency Group) is the company spearheading the Segwit2x movement. The CEO of DCG is Barry Silbert, a former investment banker, and Mastercard is an investor in DCG.
Let's have a look at the people that control DCG:
http://dcg.co/who-we-are/
Three board members are listed, and one Board "Advisor." Three of the four Members/advisors are particularly interesting:
Glenn Hutchins: Former Advisor to President Clinton. Hutchins sits on the board of The Federal Reserve Bank of New York, where he was reelected as a Class B director for a three-year term ending December 31, 2018. Yes, you read that correctly, currently sitting board member of the Federal Reserve Bank of New York.
Barry Silbert: CEO of DCG (Digital Currency Group, funded by Mastercard) who is also an Ex investment Banker at (Houlihan Lokey)
And then there's the "Board Advisor,"
Lawrence H. Summers:
"Chief Economist at the World Bank from 1991 to 1993. In 1993, Summers was appointed Undersecretary for International Affairs of the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury. While working for the Clinton administration Summers played a leading role in the American response to the 1994 economic crisis in Mexico, the 1997 Asian financial crisis, and the Russian financial crisis. He was also influential in the American advised privatization of the economies of the post-Soviet states, and in the deregulation of the U.S financial system, including the repeal of the Glass-Steagall Act."
https://en.wikipedia.org/wiki/Lawrence_Summers
Seriously....The segwit2x deal is being pushed through by a Company funded by Mastercard, Whose CEO Barry Silbert is ex investment banker, and the Board Members of DCG include a currently sitting member of the Board of the Federal Reserve Bank of New York, and the Ex chief Economist for the World Bank and a guy responsible for the removal of Glass Steagall.
It's fair to call these guys "bankers" right?
So that's the Board of DCG. They're spearheading the Segwit2x movement. As far as who is responsible for development, my research led me to "Bitgo". I checked the "Money Map" https://i.redd.it/15auzwkq3hiz.png And sure enough, DCG is an investor in Bitgo.
(BTW, make sure you take a good look take a look at the money map and bookmark it for reference later, ^ it is really helpful.)
"Currently, development is being overseen by bitcoin security startup BitGo, with help from other developers including Bloq co-founder Jeff Garzik."
https://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-miners-offer-optimistic-outlook/
So Bitgo is overseeing development of Segwit2x with Jeff Garzick. Bitgo has a product/service that basically facilitates transactions and supposedly prevents double spending. It seems like their main selling point is that they insert themselves as middlemen to ensure Double spending doesn't happen, and if it does, they take the hit, of course for a fee, so it sounds sort of like the buyer protection paypal gives you:
"Using the above multi-signature security model, BitGo can guarantee that transactions cannot be double spent. When BitGo co-signs a BitGo Instant transaction, BitGo takes on a financial obligation and issues a cryptographically signed guarantee on the transaction. The recipient of a BitGo Instant transaction can rest assured that in any event where the transaction is not ultimately confirmed in the blockchain, and loses money as a result, they can file a claim and will be compensated in full by BitGo."
Source: https://www.bitgo.com/solutions
So basically, they insert themselves as middlemen, guarantee your transaction gets confirmed and take a fee. What do we need this for though when we have a working blockchain that confirms payments in the next block already? 0-conf is safe when blocks aren't full and one confirmation should really be good enough for almost anyone on the most POW chain. So if we have a fully functional blockchain, there isn't much of a need for this service is there? They're selling protection against "The transaction not being confirmed in the Blockchain" but why wouldn't the transaction be getting confirmed in the blockchain? Every transaction should be getting confirmed, that's how Bitcoin works. So in what situation does "protection against the transaction not being confirmed in the blockchain" have value?
Is it possible that the Central Bankers that control development of Segwit2x plan to restrict block size to benefit their business model just like our good friends over at Blockstream attempted to do, although unsuccessfully as they were not able to deliver a working L2 in time?
It looks like Blockstream was an attempted corporate takeover to restrict block size and push people onto their L2, essentially stealing business away from miners. They seem to have failed, but now it almost seems like the Segwit2x might be a culmination of a very similar problem.
Also worth noting these two things, pointed out by Adrian-x:
  1. MasterCard made this statement before investing in DCG and Blockstream. (Very evident at 2:50 - enemy of digital cash watch the whole thing.) https://www.youtube.com/watch?v=Tu2mofrhw58
  2. Blockstream is part of the DCG portfolio and the day after the the NYA Barry personal thanked Adam Back for his assistant in putting the agreement together. https://twitter.com/barrysilbert/status/867706595102388224
So segwit2x takes power away from core, but then gives it to guess who...Mastercard and central bankers.
So, to recap:
Did we just spend so much time fighting and bickering with core that we totally missed the REAL takeover of Bitcoin, happening right before our eyes, by the likes of currently serving Federal Reserve Bank of New York Board Members?
Edit: Formatting.
submitted by readish to Bitcoin [link] [comments]

Scaling "debate" (*attacks) ELI5 for newbies:

Miners want the transactions ON chain and as many, slow and inefficient as possible, because they get paid (fees) for each one of them. That's why they want bigger blocks to hold/carry/process more transactions and why they have been always blocking every possible progress/solution that would benefit the whole world (with the sole exception of themselves): Segwit, LN, second layer scaling apps, etc.
That's why they created their fake bitcoin without Segwit. Read also about Asicboost and Antbleed (those are also whole dirty rabbit holes by themselves):
That's how the Mafia operates, and joining the Mining Cartel and their leader Jihan Wu, there are some corrupt very rich individuals that want more power and control for themselves (some of them well-known scammers and felons) colluding with them like: Roger Ver, Craig Wright, Barry Seibert, John McAfee, Bobby Lee, Stephen Pair, Calvin Ayre, Vitalik Buterin, Ryan Charles, Gavin Andresen, Jeff Garzic, Mike Hearn, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, etc.
https://news.bitcoin.com/bitpay-partners-bitmain-multi-million-dollar-agreement/
Must read post from u/cutepoops:
https://www.reddit.com/Bitcoin/comments/7cgzbv/so_i_did_5minutes_of_digging_and_oh_my_god/
Bitcoin Cash Operation: Collusion and Manipulation
On one of the numerous attacks against Bitcoin, one the most powerful and recent ones (SX2/NYA) they were also joined by some Banker's special forces embedded in DCG with Barry Seibert: Blythe Masters, Larry Summers, Glen Hutchins, etc. That's another deep rabbit hole and here's some interesting information and evidence.
Among their explicit objectives that they themselves stated multiple times, were to "fire" all Core developers (those meddling good guys opposing their take-over attempts) and they've been using some of these powerful tools to spread FUD, misinformation, Blockstream-Core conspiracies, etc:
So, remain sceptical and do your own research to decide on what side are you on, where to invest your money and what companies and individuals deserve your trust and support.
On the long term, none of those dramas matter anyway, Moneybadger don't care: Decentralized, Immutable, Trustless, Freedom-Giver, Worldwide-Distributed, Censorless, Permissionless, Antifragile technology's time has come and nothing can stop it.
"Even China Can't Kill Bitcoin"
https://www.bloomberg.com/view/articles/2017-02-24/even-china-can-t-kill-bitcoin
BILL GATES: “NOBODY CAN STOP BITCOIN”
https://www.youtube.com/watch?v=k0HmrSfJwhU
Andreas Antonopoulos: "No Governments can ban Bitcoin"
https://www.youtube.com/watch?v=LIQkuF_I5Xo
Edit: Added Antbleed.
submitted by readish to Bitcoin [link] [comments]

Mission accomplished for Craig Wright

TL;DR; the target of Craight Wright was Gavin Andresen, Jon Mattonis, and probably others and an NDA may prevent them from back firing. The target is not bitcoin, and not the community, but the specific members involved in this affair.
I gathered quite a number of other Redditors' findings at about the 54 million tax heist so people can verify for themselves how Craig managed to defraud the Australian Tax Office.
I suspected his farce about being Satoshi was in the objective to be plausible to the Australian Tax Office. I was wrong. (or perhaps just partially wrong)
The Australian Tax Office was merely Craig's first target. The farce that we so recently witnessed was not about escaping ATO, but about "bamboozling" a new group of people: not for fame, not for fun, but for money.
I missed runtrage's warning a month ago about the how Craig was networking with various people in the Bitcoin community by asking them to advance fees so he could recover the coins in his so-called trust. What he was doing was simple: he was searching for at least one of two distinct features in his targets: Credibility and Money.
Credibility was only a tool he used to bait a hook in pursuit of cash.
The credibility list is well known of course: Joseph Vaughn Perling, Ian Grigg, Gavin Andresen, and Jon Matonis.
And with credibility in hand, he could promise to give cash back when he regained rightful access to his coins.
The money may have come from the same group or backers who preferred to remain private who nevertheless trusted Gavin's judgement. Anecdotally, /btc censored a leak of this theory, reportedly due to a spam filter. Right.
It would have gone well, but here's where things get a little dirty... Joseph Vaugh Perling tried to point out Gregory Maxwell's "deception" about the likelihood of Craig's reported keys from December being backdated. And here is the document which was posted attacking that very debunking on Reddit. Craig Wright himself tried to refute that Greg's December key analyses, and I say Craig because for everyone who already read his blog posts, it is obvious that the style of the Scribd document is identical to Craig's.
Check for yourself and read the abstract: Justifying the backdated PGP keys seems initially to be the topic but then he launches into anti-core and -Maxwell ranting: "In addition, a warning is rung regarding the onset of centralised authority in the control of bitcoin that has been achieved through Blocksize restrictions. These restrictions have led to centralisation of Bitcoin via the dogma of the core development team"... In summary talking about two completely different things in the same document.
Try to read the Introduction and make sense of it! Joseph Vaugh Perling, in all sincerity, do you believe your words after having read that ? can a cryptographer publicly say that this document rightfully discredits Gregory Maxwell's argument? I only see a tutorial trying to turn what could be a 10-line explanation into a huge long diatribe. Please, Gavin, Ian, and Joseph, can you make any sense of it and summarize why exactly Gregory Maxwell's point doesn't hold water?
Here it is, short, succinct: Gregory Maxwell. Will anyone vouch for the Scribd document?
I have a gold nugget for you therein: "Even with Bitcoin, we can never create a society that does not rely on trust. It is a part of human nature that looks to others for leadership." I won't spoil the next 19 pages. As if I need to.
I won't even detail the other hints of time travel in this document, anonymously posted (by New Liberty People I'm guessing), which states that Satoshi spoke about the application of ECC in PGP in 2005 when it was actually implemented in 2013-2014 in PGP.
With that I was left with several questions:
  1. Why does Craig not seem to give a damn about what he writes and his credibility?
  2. Why did he attack Core so vehemently?
  3. Why has he such a long history of fraud, including faking everything from his supposed supercomputer to some of his PhD degrees?
My speculation is:
  1. He does not care about his credibility, only about the money he already scammed and will scam in the future,
  2. He does not care about core, the document about "PGP, Consensus and Block Size" was probably funded by the backers from whom he needed the cash to access his funds,
  3. His targets were the people who advanced money to him, not core.
He succeeded, mission is accomplished.
Craig Wright, I thought you were a piece of crap, but now I'm sure of it. You may not be a competent cryptographer, but you are a genius in your own peculiar category!
Those who were scammed, please accept your financial loss and don't drag the next round of people who still believe in your credibility in to the crapper along with you. Have a little dignity and spare future victims. You were fooled. Everyone can be. He is now pulling string with your credibility and money and attacking other people thanks to it. Make him stop or prepare to reap the consequence of helping a scammer.
Here is an NDA canary Roger Ver, Gavin Andrsen, Jon Matonis, Ian Grigg, Joseph Vaughn Perling, Olivier Janssens, Jeff Garzik. Have you given or lent money or bought a service to Craig Wright directly or indirectly via one of his companies ? If you are not under NDA, you can safely deny it and add to Craig Wright credibility. If you are under NDA, or not, you can refuse to provide the information.
Moral of the story: Don't trust, verify. Now can we get back to code ?
Most Core dev denied on this link : https://www.reddit.com/Bitcoin/comments/4hs2ca/can_all_core_developers_confirm_they_havent/d2s5bqu
submitted by NicolasDorier to Bitcoin [link] [comments]

Bitcoin Foundation Election Results

Good morning Reddit!
Jinyoung from the Bitcoin Foundation here. We have our election results! Please join us in welcoming Olivier Janssens and Jim Harper to our Board of Directors!
For more details, please visit: https://blog.bitcoinfoundation.org/election-results/
Thank you everyone for your active participation and feedback! I'd love to hear if moving forward, having a Bitcoin Foundation subreddit will be helpful for disseminating news and hosting discussions. Please let me know! :)
And I hope that in the future, you'll join us in supporting developers for ongoing technical development of Bitcoin Core!
submitted by satoshisangel to Bitcoin [link] [comments]

$100,000 bounty winner announcement!

$100,000 bounty winner
Posted by Olivier Janssens. Twitter: @olivierjanss https://twitter.com/olivierjanss
Hi Everyone,
This thread is to announce the winner of the contest http://www.reddit.com/Bitcoin/comments/25sf4f/100000_bounty_for_software_platform_that_can/
First of all I want to thank everyone for their submissions, ideas and positive feedback. There were a lot of great candidates, and it was very difficult to make a choice. I am now confident though that I have selected the best possible winner. I have also selected a runner up because these guys deserve to get a prize for what they accomplished.
Before I go into the details of who won, I want you to know the rationale behind my choice. The initial question was: What is the best platform to replace the Bitcoin Foundation? To start off, we have to ask ourselves: why do we need a Bitcoin Foundation in the first place? In other words, which purpose does the Bitcoin Foundation serve? According to their website, it is ‘Keeping Bitcoin rooted in its core principles: non-political economy, openness and independence’. I guess those 3 things somehow failed to apply to the Bitcoin Foundation itself, as they want to be the main representatives of Bitcoin, and as a result also on Bitcoin.
Further analysing the Foundation, the main thing they are doing right now is funding some of the core Bitcoin developers. And I might add, they are not doing a very good job at that. Since people expect the Bitcoin Foundation to take that role, there is no real initiative to fund the developers directly. As a result, the developers are underfunded, because the Bitcoin Foundation does not have that much money (it got lucky with the price of Bitcoin rising and it’s memberships fees being paid in Bitcoin since it’s inception). They have admitted this buffer won’t last and is going to be a serious issue in the future. We also don’t know how much they are paying the developers and how much money they have left, since their transparency is pretty much non-existent. The funding could stop at any time and endanger Bitcoin even more. There have been highly concerning reports about the core devs being chronically underfunded, and as a result, Bitcoin development is grinding to a halt. As such, and to guarantee the (political) independence of the developers, the community should start funding the developers directly, ASAP.
Next to that, the Bitcoin Foundation has been doing some lobbying with Washington. Again we are lacking serious transparency here. It would be much better if we as a community can select our lobbyists directly and actually know what they are doing. Good lobbyists can come forward with a proposal and set their goals. We can then decide directly to fund them or not. Which is pretty much what is happening all over the world without the Bitcoin Foundation. People are coming out of the trenches and have their own lobbyists involved with their local governments. The same thing applies to organising conferences. Do we really need a Bitcoin Foundation to organise the one big conference? No, as has been proven many times over . There are many big conferences that are a huge success, and none of them are organised by the Bitcoin Foundation. We can do this ourselves.
Now, the question remains, what is the best way to organise all of this? Do we need a platform that simulates the Bitcoin Foundation, but with a better voting mechanism? A sort of "direct democracy"? After careful consideration, the answer is no. Such a "direct democracy" will still have the overhead of politics, getting people elected, etc. Bitcoin is apolitical. I know it takes time to get out of this mindset, but Bitcoin truly liberates the world beyond politics. We should not attempt to recreate unnecessary overhead or middlemen. Let’s have Bitcoin set us free. And for this very reason I have selected Lighthouse from Mike Hearn as the winner.
Winner: Lighthouse (Mike Hearn)
The sky is really the limit. And it will not create any political overhead, we can select the projects we want to support directly.
Also, Mike Hearn wants to get developers directly funded through the platform. Having a core dev behind this platform is a big boon to getting this off the ground.
Mike has agreed to release the platform as open source before the end of August. He will be awarded $40,000 on completion. After the platform is live, I will put an additional $50,000 towards the first core dev crowdfunding project that gets made on it. This should help them become independent the moment it gets released, and hopefully will start streamlining Bitcoin core development again.
http://www.coindesk.com/new-decentralized-crowdfunding-platform-reshape-bitcoin-landscape/
Edit: More info and screenshots at Mike's blog http://blog.vinumeris.com/2014/07/02/vinumeris-and-olivier-janssens-team-up/
Runner up: Eris by Project Douglas (Casey Kuhlman, Dennis McKinnon and Preston Byrne)
These guys have done a tremendous job at creating a software platform which is extendable into many many things. It allows for the creating of a decentralised ‘anything’. The implications of this are tremendous, and as such I wanted to award them a part of the bounty also. They will get $10,000 for this amazing effort.
https://eris.projectdouglas.org/
submitted by anarchystar to Bitcoin [link] [comments]

Current state of affairs

IMPORTANTE NOTE: THIS THREAD IS NO LONGER BEING UPDATED, PLEASE FOLLOW THIS ONE INSTEAD: http://www.reddit.com/mtgoxinsolvency/comments/21hrv8/current_state_of_affairs/ I explain the reason for the change here. Thanks!

LAST UPDATE: March 27th 2014 09:47 GMT +1

NOTE: I'm trying my best but because of the sheer volume of tidbits popping up every day, this post might ocasionally miss some updates. Please feel free to point it out in the comments whenever you feel there is information missing in the post, thanks!
A note on recovering funds: We have no information on how to recover fiat/bitcoins/goxcoins yet and MtGox has only given very vague statements so far. It is speculated Mark Karpeles (CEO of MtGox) is currently figuring out what to do and not flying to the Bahamas with our money. It is advisable to have patience and wait for new developments on the subject for the time being.
March 26th, 2014
Match 25th, 2014
A new rumor has surfaced twitter, currently unsubstantiated, from @CanarslanEren who according to his previous tweets would have previously either guessed correctly or know in advance about the recovered 200K BTC (emphasis mine):
Within a few days(or hours) @MtGox will announce that "they found ~670.000 #bitcoin & may release some BTCs to the victims. @PatronaPartners
https://twitter.com/CanarslanEren/status/448418452701974528
The community consensus at the moment seems to be of skepticism, as it always goes with this kind of rumors. See also:
March 21th, 2014
  • There's a new update on mtgox.com confirming the previous story of having recovered 200K BTC that were thought lost. Key points:
    • On March 7, 2014, MtGox Co., Ltd. confirmed that an oldn format wallet which was used prior to June 2011 held a balance of approximately 200,000 BTC (199,999.99 BTC)
    • For security reasons, the 200,000 BTC which were at first on the 7th moved to online wallets were moved between the 14 th and the 15th to offline wallets.
    • The bitcoins held today by MtGox Co., Ltd. amount to a total of approximately 202,000 BTC, including the above 200,000 BTC and the approximately 2,000 BTC which existed prior to the application for commencement of a civil rehabilitation proceeding.
March 20th, 2014
  • Several users were reporting issues with the balance-checking tool online at mtgox.com, namely that bank transfers and transactions stuck in progress were not showing. This is now apparently fixed and balances seem to have been accordingly updated. Thread here.
  • In line with the blockchain movements we've seen for the past few weeks and the respective MtGox API activity, finally a japanese news article appeared where MtGox lawyers announce MtGox has found and owns 200K BTC, translation, courtesy of h1d:
    Bitcoin exchange Mt.Gox which collapsed in February announced on 20th that they have found they're still in possession of the 200,000 BTC out of the 850,000 BTC that was reported to be lost.
    According to the lawyer, they found them on the 7th of this month by searching through a storage on the internet called a "wallet" which was being used by MtGox up until June 2011.
    MtGox has reported that they have lost almost all of the 850,000 BTC owned while filing for bankruptcy protection on February 28th.
    /bitcoin thread here.
March 18th, 2014
  • A new update on mtgox.com is now online: account holders can now provide their login authentication data on the site to retrieve the last status of their wallets for convenience. It would appear that this update is legimitate, Redditcoin states:
    I just called the MtGox call centre in Japan - they confirmed that the login has been put there by "legal" and they have not been hacked. I called this number from the original banckrupty announcement (I called from Australia - we are only 2 hours ahead): +81 3-4588-3922. A nice man with an American accent said that the login has been put there by "legal" for users to check their balances and that the website has not been hacked.
    Redditcoin asked for transaction history data as well:
    I called the number again (about an hour later) - again, absolutely no waiting - I called again to ask about my transaction history. The same man answered, with the American accent (although sounded Japanese), who spoke impeccable English. He said that the transaction history is still unavailable because the courts still have to "polish" it (whatever that means). I said I needed it for taxation purposes. He replied by saying he will "check on this, and post an update on the website soon".
    As for the balance data that can now be retrieved on mtgox.com, the site notes (emphasis mine):
    This balance confirmation service is provided on this site only for the convenience of all users. Please be aware that confirming the balance on this site does not constitute a filing of rehabilitation claims under the civil rehabilitation procedure and note that the balance amounts shown on this site should also not be considered an acknowledgment by MtGox Co., Ltd. of the amount of any rehabilitation claims of users. Rehabilitation claims under a civil rehabilitation procedure become confirmed from a filing which is followed by an investigation procedure. The method for filing claims will be published on this site as soon as we will be in situation to announce it.
  • The MtGox API which used to list pending transactions has been removed today. In the past few weeks, this API had shown that the hundreds of thousands of BTC moving in the blockchain connected with MtGox wallets could still belong to Gox. Thread.
Match 17th, 2014
March 16, 2014
An new unconfirmed, unverified IRC quote appeared on /bitcoin:
we are working on resuming service, can't say how soon it'll be
While the authenticity is still in question, if true this would be in line with all the rumors and hints we've seen up until now.
March 15, 2014
  • The hundreds of thousands of coins moving in the blockchain that MtGox allegedly still own have been spotted doing something new: the outputs are now merging in new addresses of 2K BTC each. This was first spotted in this thread and later confirmed here. As usual, we have zero indications of what this means yet. -Mahn speculates:
    The only thing I can imagine myself is that whoever is doing the splitting decided 50 BTC was too little or would take too long and switched to bigger outputs per address.
  • New movement in the MtGox order book as reported by their still online API has been detected. Thread.
  • Further discussion on bitcointalk revealed that the alleged personal customer information for sale by the recent MtGox data leak hackers is most likely fake. See also this thread.
March 14th, 2014
There's a new update on mtgox.com concerning their Chapter 15 US filing. It contains no new information other than the confirmation of the news that appeared on March 11th.
March 12th, 2014
  • MtGox US subsidiary assets have been temporarily frozen by US Judge. Story here.
  • Mark Karpeles declaration to the US Bankruptcy Court has been published online:
    "On February 7, 2014, all bitcoin withdrawals were halted by MtGox due to the theft or disappearance of hundreds of thousands of bitcoins owned by MtGox customers as well as MtGox itself. The cause of the theft or disappearance is the subject of intensive investigation by me and others -- as of the present time I believe it was caused or related to a defect or "bug" in the bitcoin software algorithm, which was exploited by one or more persons who had "hacked" the bitcoin network. On February 24, 2014, MtGox suspended all trading after internal investigations discovered a loss of 744,408 bitcoins presumably from this method of theft. These events caused among others MtGox to become insolvent and to file the Japan Proceeding."
    Discussion thread.
March 1st-11th:
http://www.reddit.com/mtgoxinsolvency/comments/1yvvec/current_state_of_affairs/cg2di1f
February 2014:
http://www.reddit.com/mtgoxinsolvency/comments/1yvvec/current_state_of_affairs/cfywewf
submitted by -Mahn to mtgoxinsolvency [link] [comments]

Bitcoin 2017 a Comprehensive Timeline

Some of the most notable news and events over the past year:
Jan 3:
Jan 10:
Jan 17:
Jan 19:
Feb 8:
Feb 9:
Feb 24:
Mar 1:
Mar 2:
Mar 10:
Mar 12:
Mar 14:
Mar 15:
Mar 23:
Mar 28:
Apr 1:
Apr 5:
Apr 6:
Apr 12:
Apr 20:
Apr 26:
May 2:
May 9:
May 10:
May 21:
May 22:
May 23:
May 31:
Jun 2:
Jun 14:
Jun 29 - Jul 1:
Jun 30:
Jul 12:
Jul 16:
Jul 17:
Jul 22:
Jul 23:
Jul 24:
Jul 25:
Jul 27:
Jul 28:
Jul 31:
Aug 1:
Aug 2:
Aug 3:
Aug 10:
Aug 12:
Aug 15:
Aug 17:
Aug 21:
Aug 22:
Aug 24:
Aug 25:
Aug 28:
Aug 29:
Aug 30:
Aug 31:
Sep 1:
Sep 2:
Sep 3:
Sep 4:
Sep 5:
Sep 6:
Sep 7:
Sep 8:
Sep 9:
Sep 10:
Sep 12:
Sep 13:
Sep 14:
Sep 15:
Sep 17:
Sep 19:
Sep 20:
Sep 21:
Sep 23:
Sep 24:
Sep 25:
Sep 26:
Sep 27:
Sep 28:
Sep 29:
Sep 30:
Oct 4:
Oct 7:
Oct 9:
Oct 10:
Oct 11:
Oct 12:
Oct 13:
Oct 14:
Oct 16:
Oct 27:
Oct 30:
Nov 1:
Nov 2:
Nov 3:
Nov 4:
Nov 7:
Nov 8:
Nov 9:
Nov 10:
Nov 12:
Nov 13:
Nov 20:
Nov 21:
Nov 27:
Nov 28:
Dec 2:
Dec 5:
Dec 6
Dec 7
Dec 9
Dec 10
Dec 11
Dec 12
Dec 13
Dec 14
Dec 15
Dec 16
Dec 17
Dec 19
Dec 20
Dec 21
Dec 22
Dec 23
Dec 25
Dec 27
Dec 29
Dec 30
Dec 31
submitted by BitcoinChronicler to btc [link] [comments]

Top comment on recent r/bitcoin 2X FUD thread

Original thread: https://www.reddit.com/Bitcoin/comments/7801lg/these_are_the_companies_who_still_support_the_ny/
PS:these are not my views, but a shill from bitcoin
" I will keep posting this in relevant threads until the day of the fork, with the hope that more bitcoiners learn the true nature of S2X/B2X/NYA open attack on Bitcoin disguised as an "upgrade". This is a 2X Trojan Horse, and do you know who is inside that horse? Top level banker's special-forces like Blythe Masters, Larry Summers, Glenn Hutchins (sits on the board of The Federal Reserve Bank of New York) and DCG (Digital Currency Group).
We need to keep our efforts to expose and inform people about what S2X/NYA/DCG really is. Don't trust and don't do business with these companies and individuals supporting the S2X attack on Bitcoin.
> Companies: > > https://coin.dance/poli > > http://segwit.party/nya/ > > Individuals:
> Those guys are pure greed, they don't care about the 7 billion of people on this planet. Expose them and don't give them your business. Starve the beast. They will regret sticking with the B2X altcoin that will go the BCH way (and all the other highjack attempts before them). Moneybadger don't care and only gets stronger and immunized after each snake-bite. > > Actually >99% of the Bitcoin community supports the real Bitcoin. The centralized B2X-coin attack is only supported by a handful of rich crooks and the people they've managed to bribe with their deep pockets:
> Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia (and all OB1 team), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Brian Armstrong, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins, Bill Barhydt and Jiang Zhuoer. >
I posted this 13 days ago:
Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and promoters (like OpenBazaar team) for the B2X (S2X/NYA) attack on Bitcoin.
TL;DR: B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
> Every bitcoiner should know about what DCG (Digital Currency Group) is, and call out publicly the people that are working for the Corporations/Bankers against Bitcoin. "
Edit: clairity, I did not write this comment
submitted by SpliffZombie to btc [link] [comments]

[uncensored-r/Bitcoin] Scaling "debate" (*attacks) ELI5 for newbies:

The following post by readish is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7cyshw
The original post's content was as follows:
Miners want the transactions ON chain and as many, slow and inefficient as possible, because they get paid (fees) for each one of them. That's why they want bigger blocks to hold/carry/process more transactions and why they have been always blocking every possible progress/solution that would benefit the whole world (with the sole exception of themselves): Segwit, LN, second layer scaling apps, etc.
That's why they created their fake bitcoin without Segwit. Read also about Asicboost (that's also a whole dirty rabbit hole by itself):
ASICBoost, the reason why Bitmain blocked Segwit
That's how the Mafia operates, and joining the Mining Cartel and their leader Jihan Wu, there are some corrupt very rich individuals that want more power and control for themselves (some of them well-known scammers and felons) colluding with them like: Roger Ver, Craig Wright, Barry Seibert, John McAfee, Bobby Lee, Stephen Pair, Calvin Ayre, Vitalik Buterin, Ryan Charles, Gavin Andresen, Jeff Garzic, Mike Hearn, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, etc.
https://news.bitcoin.com/bitpay-partners-bitmain-multi-million-dollar-agreement/
Must read post from u/cutepoops:
https://www.reddit.com/Bitcoin/comments/7cgzbv/so_i_did_5minutes_of_digging_and_oh_my_god/
On one of the numerous attacks against Bitcoin, one the most powerful and recent ones (SX2/NYA) they were also joined by some Banker's special forces embedded in DCG with Barry Seibert: Blythe Masters, Larry Summers, Glen Hutchins, etc. That's another deep rabbit hole and here's some interesting information and evidence.
Among their explicit objectives that they themselves stated multiple times, were to "fire" all Core developers (those meddling good guys opposing their take-over attempts) and they've been using some of these powerful tools to spread FUD, misinformation, Blockstream-Core conspiracies, etc:
  • DCG funding
  • btc subreddit
  • Bitcoin.com news
  • Bitcoin.com website
  • Mining manipulation and disruptions
  • Russian troll farms to sway public perception
  • Popular You Tube Channels like 'The Dollar Vigilante'
So, remain sceptical and do your own research to decide on what side are you on, where to invest your money and what companies and individuals deserve your trust and support.
On the long term, none of those dramas matter anyway, Moneybadger don't care: Decentralized, Immutable, Trustless, Freedom-Giver, Worldwide-Distributed, Censorless, Permissionless, Antifragile technology's time has come and nothing can stop it.
"Even China Can't Kill Bitcoin"
https://www.bloomberg.com/view/articles/2017-02-24/even-china-can-t-kill-bitcoin
BILL GATES: “NOBODY CAN STOP BITCOIN”
https://www.youtube.com/watch?v=k0HmrSfJwhU
Andreas Antonopoulos: "No Governments can ban Bitcoin"
https://www.youtube.com/watch?v=LIQkuF_I5Xo
Edit- Wow, this just happened:
https://www.reddit.com/Bitcoin/comments/7cyj7o/i_just_got_257_downvotes_in_8_minutes_for_calling/
More info on this thread:
https://www.reddit.com/Bitcoin/comments/7cxvn6/attack_continues_on_bitcoin/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

10-25 03:43 - 'Welp, Brian Armstrong back on the list and Winklevoss brothers just added.' (self.Bitcoin) by /u/readish removed from /r/Bitcoin within 50-60min

'''
References: Brian Armstrong back on the list for [this flip-flop]1 . And added Winklevoss Brothers for [this]2 .
Regarding the recent Jeff Garzik news, they are using old and effective 'Problem-Reaction-Solution' strategy. Well, effective before the current social media era, in which hidden motives can be brought to the light of day to be exposed.
I will keep posting this until the very day of the fork, with the hope that more bitcoiners learn the true nature of S2X/B2X/NYA open attack on Bitcoin disguised as an "upgrade". This is a 2X Trojan Horse, and do you know who is inside that horse? Top level banker's special-forces like Blythe Masters, Larry Summers, Glenn Hutchins (sits on the board of The Federal Reserve Bank of New York) and DCG [(Digital Currency Group)]3 .
We need to keep our efforts to expose and inform people about what S2X/NYA/DCG really is. Don't trust and don't do business with these companies and individuals supporting the S2X attack on Bitcoin.
Companies:
[link]8
[link]9
Individuals:
Those guys are pure greed, they don't care about the 7 billion of people on this planet. Expose them and don't give them your business. Starve the beast. They will regret sticking with the B2X altcoin that will go the BCH way (and all the other highjack attempts before them). Moneybadger don't care and only gets stronger and immunized after each snake-bite.
Actually >99% of the Bitcoin community supports the real Bitcoin. The centralized B2X-coin attack is only supported by a handful of [rich crooks]4 and the people they've managed to bribe with their deep pockets:
Brian Armstrong, Winklevoss brothers, Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia ([and all OB1 team]5 ), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins, Bill Barhydt and Jiang Zhuoer.
I posted this 17 days ago:
[Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and promoters (like OpenBazaar team) for the B2X (S2X/NYA) attack on Bitcoin.]6
TL;DR: B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
Every bitcoiner should know about what DCG [(Digital Currency Group)]3 is, and call out publicly the people that are working for the Corporations/Bankers against Bitcoin.
'''
Welp, Brian Armstrong back on the list and Winklevoss brothers just added.
Go1dfish undelete link
unreddit undelete link
Author: readish
1: https://www.reddit.com/Bitcoin/comments/78kd07/coinbase_will_refer_to_the_chain_with_most/ 2: https://www.reddit.com/Bitcoin/comments/78isl3/gemini_exchange_offers_this_weak_segwit2x_strategy/ 3: https://www.reddit.com/Bitcoin/comments/74wejs/exposed_how_bankers_are_trying_to_centralize_and/ 4: https://i.redd.it/t1z62pow09qz.jpg 5: https://www.reddit.com/Bitcoin/comments/74dot9/psa_open_bazaars_latest_investment_round_was_fodnxjsrg/?context=3 6: https://www.reddit.com/Bitcoin/comments/74wejs/exposed_how_bankers_are_trying_to_centralize_and/ 7: https://www.reddit.com/Bitcoin/comments/74wejs/exposed_how_bankers_are_trying_to_centralize_and/ 8: https://coin.dance/poli 9: seg**t.par*y*nya/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] Welp, Brian Armstrong back on the list and Winklevoss brothers just added.

The following post by readish is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/78kv8i
The original post's content was as follows:
References: Brian Armstrong back on the list for this flip-flop. And added Winklevoss Brothers for this.
Regarding the recent Jeff Garzik news, they are using old and effective 'Problem-Reaction-Solution' strategy. Well, effective before the current social media era, in which hidden motives can be brought to the light of day to be exposed.
I will keep posting this until the very day of the fork, with the hope that more bitcoiners learn the true nature of S2X/B2X/NYA open attack on Bitcoin disguised as an "upgrade". This is a 2X Trojan Horse, and do you know who is inside that horse? Top level banker's special-forces like Blythe Masters, Larry Summers, Glenn Hutchins (sits on the board of The Federal Reserve Bank of New York) and DCG (Digital Currency Group).
We need to keep our efforts to expose and inform people about what S2X/NYA/DCG really is. Don't trust and don't do business with these companies and individuals supporting the S2X attack on Bitcoin.
Companies:
https://coin.dance/poli
http://segwit.party/nya/
Individuals:
Those guys are pure greed, they don't care about the 7 billion of people on this planet. Expose them and don't give them your business. Starve the beast. They will regret sticking with the B2X altcoin that will go the BCH way (and all the other highjack attempts before them). Moneybadger don't care and only gets stronger and immunized after each snake-bite.
Actually >99% of the Bitcoin community supports the real Bitcoin. The centralized B2X-coin attack is only supported by a handful of rich crooks and the people they've managed to bribe with their deep pockets:
Brian Armstrong, Winklevoss brothers, Peter Smith, Nic Cary, Haipo Yang, Rick Falkvinge, Jon Matonis, Wences Casares, Tony Gallippi, Mike Belshe, Ryan X Charles, Brian Hoffman/Sam Patterson/Chris Pacia (and all OB1 team), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens, Jeremy Allaire, Peter Vessenes, Bruce Wagner, Brock Pierce, Aaron Voisine/Adam Traidman/Aaron Lasher (Breadwallet team), Glenn Hutchins, Bill Barhydt and Jiang Zhuoer.
I posted this 17 days ago:
Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and promoters (like OpenBazaar team) for the B2X (S2X/NYA) attack on Bitcoin.
TL;DR: B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
Every bitcoiner should know about what DCG (Digital Currency Group) is, and call out publicly the people that are working for the Corporations/Bankers against Bitcoin.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

A protocol for applications VS a service for users

A protocol for applications vs a service for users
Consensus vs democracy
Adversarial assumptions vs finger-crossing
An inflation-free, censorship-resistant & bearer asset vs an open, cheap & fast payment system
Disrupting national currencies, central banks & finance vs Disrupting VISA, MasterCard & Paypal
Samson Mow vs Brian Armstrong
Decentralized infrastructure vs Cloud infrastructure
Trace Mayer vs Roger Ver
Nick Szabo, Bram Cohen & Joi Ito vs Rick Falkvinge
Adam Back vs Olivier Janssens
The open-source community vs "the industry"
bitcoin.org vs bitcoin.com
An experienced team open to anyone to contribute vs a new team where the misfits get erased
Technical merit vs lobbying
94% vs 6%
submitted by Guy_Tell to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] Exposed: How Bankers are trying to centralize and highjack Bitcoin by buying "supporters" and pro...

The following post by readish is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/74wejs
The original post's content was as follows:
These guys have very deep pockets.
Regarding OpenBazaar:
B2X (S2X/NYA) is nothing more than an open attack on Bitcoin, not an "upgrade" as they want to sell it. This attack has no 'consensus', at all. It was "agreed" by a bunch of miners and corporations behind closed doors, with no community nor developers support. Only miners and a few millionaires that stand to profit from the B2X attack support it. The vast majority of the Bitcoin community is totally against this attack on Bitcoin. Most of those companies are under DCG group:
Every bitcoiner should know about what DCG (Digital Currency Group) is, and call out publicly these people that are working for the Corporations/Bankers against Bitcoin:
Tony Gallippi, Jamie Dimon, Mike Belsche, Ryan X Charles, Brian Hoffman-Sam Patterson-Chris Pacia (and all OB1 team), Gavin Andresen, Jeff Garzik, Mike Hearn, Roger Ver, Jihan Wu, John Mcaffe, Craig Wright, Barry Silbert, Larry Summers, Blythe Masters, Stephen Pair, Erik Voorhees, Vinny Lingham, Olivier Janssens and Brian Armstrong.
Once people are informed, they won't be fooled (like all the poor guys at btc) and will follow Bitcoin instead of Bizcoin2x or Bcash or any other centralized altcoin they come up with disguised as Bitcoin.
DCG (Digital Currency Group) is the company spearheading the Segwit2x movement. The CEO of DCG is Barry Silbert, a former investment banker, and Mastercard is an investor in DCG.
Let's have a look at the people that control DCG:
http://dcg.co/who-we-are/
Three board members are listed, and one Board "Advisor." Three of the four Members/advisors are particularly interesting:
Glenn Hutchins: Former Advisor to President Clinton. Hutchins sits on the board of The Federal Reserve Bank of New York, where he was reelected as a Class B director for a three-year term ending December 31, 2018. Yes, you read that correctly, currently sitting board member of the Federal Reserve Bank of New York.
Barry Silbert: CEO of DCG (Digital Currency Group, funded by Mastercard) who is also an Ex investment Banker at (Houlihan Lokey)
And then there's the "Board Advisor,"
Lawrence H. Summers:
"Chief Economist at the World Bank from 1991 to 1993. In 1993, Summers was appointed Undersecretary for International Affairs of the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury. While working for the Clinton administration Summers played a leading role in the American response to the 1994 economic crisis in Mexico, the 1997 Asian financial crisis, and the Russian financial crisis. He was also influential in the American advised privatization of the economies of the post-Soviet states, and in the deregulation of the U.S financial system, including the repeal of the Glass-Steagall Act."
https://en.wikipedia.org/wiki/Lawrence_Summers
Seriously....The segwit2x deal is being pushed through by a Company funded by Mastercard, Whose CEO Barry Silbert is ex investment banker, and the Board Members of DCG include a currently sitting member of the Board of the Federal Reserve Bank of New York, and the Ex chief Economist for the World Bank and a guy responsible for the removal of Glass Steagall.
It's fair to call these guys "bankers" right?
So that's the Board of DCG. They're spearheading the Segwit2x movement. As far as who is responsible for development, my research led me to "Bitgo". I checked the "Money Map" https://i.redd.it/15auzwkq3hiz.png And sure enough, DCG is an investor in Bitgo.
(BTW, make sure you take a good look take a look at the money map and bookmark it for reference later, ^ it is really helpful.)
"Currently, development is being overseen by bitcoin security startup BitGo, with help from other developers including Bloq co-founder Jeff Garzik."
https://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-miners-offer-optimistic-outlook/
So Bitgo is overseeing development of Segwit2x with Jeff Garzick. Bitgo has a product/service that basically facilitates transactions and supposedly prevents double spending. It seems like their main selling point is that they insert themselves as middlemen to ensure Double spending doesn't happen, and if it does, they take the hit, of course for a fee, so it sounds sort of like the buyer protection paypal gives you:
"Using the above multi-signature security model, BitGo can guarantee that transactions cannot be double spent. When BitGo co-signs a BitGo Instant transaction, BitGo takes on a financial obligation and issues a cryptographically signed guarantee on the transaction. The recipient of a BitGo Instant transaction can rest assured that in any event where the transaction is not ultimately confirmed in the blockchain, and loses money as a result, they can file a claim and will be compensated in full by BitGo."
Source: https://www.bitgo.com/solutions
So basically, they insert themselves as middlemen, guarantee your transaction gets confirmed and take a fee. What do we need this for though when we have a working blockchain that confirms payments in the next block already? 0-conf is safe when blocks aren't full and one confirmation should really be good enough for almost anyone on the most POW chain. So if we have a fully functional blockchain, there isn't much of a need for this service is there? They're selling protection against "The transaction not being confirmed in the Blockchain" but why wouldn't the transaction be getting confirmed in the blockchain? Every transaction should be getting confirmed, that's how Bitcoin works. So in what situation does "protection against the transaction not being confirmed in the blockchain" have value?
Is it possible that the Central Bankers that control development of Segwit2x plan to restrict block size to benefit their business model just like our good friends over at Blockstream attempted to do, although unsuccessfully as they were not able to deliver a working L2 in time?
It looks like Blockstream was an attempted corporate takeover to restrict block size and push people onto their L2, essentially stealing business away from miners. They seem to have failed, but now it almost seems like the Segwit2x might be a culmination of a very similar problem.
Also worth noting these two things, pointed out by Adrian-x:
  1. MasterCard made this statement before investing in DCG and Blockstream. (Very evident at 2:50 - enemy of digital cash watch the whole thing.) https://www.youtube.com/watch?v=Tu2mofrhw58
  2. Blockstream is part of the DCG portfolio and the day after the the NYA Barry personal thanked Adam Back for his assistant in putting the agreement together. https://twitter.com/barrysilbert/status/867706595102388224
So segwit2x takes power away from core, but then gives it to guess who...Mastercard and central bankers.
So, to recap:
  • DCG's Board of Directors and Advisors is almost entirely made up of Central Bankers including one currently sitting Member of the Federal Reserve Bank of New York and another who was Chief Economist at the World Bank.
  • The CEO of the company spearheading the Segwit2x movement (Barry Silbert) is an ex investment banker at Houlihan Lokey. Also, Mastercard is an investor in the company DCG, which Barry Silbert is the CEO of.
  • The company overseeing development on Segwit2x, Bitgo, has a product/service that seems to only have utility if transacting on chain and using 0-Conf is inefficient or unreliable.
  • Segwit2x takes power over Bitcoin development from core, but then literally gives it to central bankers and Mastercard. If segwit2x goes through, BTC development will quite literally be controlled by central bankers and a currently serving member of the Federal Reserve Bank of New York.
Did we just spend so much time fighting and bickering with core that we totally missed the REAL takeover of Bitcoin, happening right before our eyes, by the likes of currently serving Federal Reserve Bank of New York Board Members?
Edit: Formatting.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

CoinSummit London – Interviews with Olivier Janssens & Andrew Turner – Michael Jackson Bitcoin at $10 000 and should you buy Altcoins now? News Bits: The Bitcoin Foundation is broke Purse.io Will Continue Operating! - Bitcoin.com Weekly News Show with Roger Ver Olivier Janssens's $100,000 Donation to Bitcoin {BTC} Projects

Bitcoin : Olivier Janssens: Coinex now accepts BCH and more importantly SV deposits and will automatically split your coins for you. Olivier Janssens: Coinex now accepts BCH and more importantly SV deposits and will automatically split In a shocker posted late last night, Olivier Janssens, the recently elected board member of the Bitcoin Foundation, who promised to bring transparency and reform to the Foundation, has posted a bombshell on Reddit. The post alleges that the Bitcoin Foundation has run out of money and has fired 90% of its staff, some of whom will remain on as volunteers. We had a chance to make an interview with Olivier Janssens early adaptor back in London at CoinSummit.Olivier started mining really early back in 2010 and really knows how to live a great life as he was the very first who used his bitcoins to travel with a private jet using privatefly.com And with the current plans set in motion by Olivier Janssens and other members of the Bitcoin community, the future of Bitcoin can finally be shaped in the way it should have been done by the Bitcoin Foundation. Transparency and decentralization will prevail, and the only way to make it happen is by all of us doing so. Olivier Janssens is a bitcoin entrepreneur who has invested over $2 million in bitcoin startups. Together with Jim Harper, a senior fellow of the Cato Institute, he joined the board of the Bitcoin Foundation on March 2nd, 2015, after a long and problematic election. As CoinFox reported earlier, the system of pre-registration adopted for the elections led to certain problems. As a result, only ...

[index] [45694] [31609] [1376] [37844] [27831] [14045] [3357] [34855] [20892] [7306]

CoinSummit London – Interviews with Olivier Janssens & Andrew Turner – Michael Jackson

News Bits on: ­ Rand Paul Accepting Donations In Bitcoins - Former Nike CIO Joins Bitreserve ­ Oliver Janssens and the Bitcoin Foundation’s Woes In this video I talk about how Olivier Janssens, a bitcoin millionaire has donated $100,000 dollars to open source bitcoin projects. I discuss the 2 projects out of hundreds that he selected and I ... Olivier Janssens talks Bitcoin Classic, blockchain forks, and more! 3-28-2017 - Duration: 43 ... New; 1:01:25. Coming stock market Collapse and Ethereum / Bitcoin - Duration: 13:40 ... *CoinSummit London Conference Series - July 10 and 11, 2014* In this episode we talk to Olivier Janssens, a Bitcoin early adopter and investor, and his associate Andrew Turner. Tuur Demeester and Paul Buitink talk to Olivier Janssens about his $100k bounty to replace the Bitcoin Foundation. http://www.reddit.com/r/Bitcoin/comments/2...

#