People forget the implications of currency. The entire geopolitical landscape of post WWII was currency. All the people dead, raped and enslaved in the middle east. The only conspiracy would be the idea that the biggest forces in the world are not involved in trying to subvert bitcoin.
It can’t really be stopped. The people fighting it are delusional and in denial of their obsolescence.
I figured out back in June that they were trying to split the chain for some reason. It’s what made Craig block me (and abandon that particular plan). I didn’t fully understand the strategy until now. Now it makes sense.
Ignore Craig. Don’t focus on Craig. That’s what Calvin wants you to do. That’s why he puts Craig out front, because Craig is a blowhard and half of what he says is nonsense. Craig is NOT a poker player.
Craig is Calvin’s employee. If you read the reports from the time, it was Calvin who pushed the whole “Craig is Satoshi” narrative. He funded the operation. If Calvin wanted Craig to stop behaving as he is, he could stop him with a single word.
People don’t understand what nChain is, but it helps to start with the fact that nChain does not.generste revenue. It is completely funded out.of Calvin’s incredibly deep pockets.
And you believe that Calvin is a desperate criminal? That’s fine to believe, but I don’t think that is an accurate reflection of reality. I have spent time with the man. He is highly intelligent, calm, and calculating.
Now we are on the same page. And now you are on the same page as Calvin and Craig. Read the last sentence:
@CalvinAyre: “Training mind and body for the world’s first #Bitcoin hash war. With the minds of miners now opened to Miners Choice and Nakamoto Consensus, I now believe that hash war will be the new norm. Winning will now be defined by who can take long term pain in protection of your values”
I’ve been trying to explain this: November 15th isn’t a BCH “hash war,” it’s a war for the hearts and minds of exchanges. If an exchange is only running nodes of a particular implementation (say ABC), depositing coins mined from SV post-split coinbase will be impossible. Chain unfollowed by exchanges = worthless
They are willing to completely destroy the value of BCH to “win”. They have said as much. This is about winning for Calvin. He doesn’t need the money.
We are playing Bitcoin. Bitcoin is an infinite game. You cannot win infinite games. The point of an infinite game is to keep the game going and keep yourself playing.
Poker is a finite game. Calvin is playing Poker, not Bitcoin.
During this event, half of CoinGeek’s hash will be running ABC. You can only attack the chain if you are running the software mining that chain. Right now, CoinGeek has 45-50% of total active BCH hash rate. Who knows how much they are planning to rent for battle.
They are betting that it won’t take “infinite money.” It probably wouldn’t takeore than a few weeks of a completely unreliable networkfor exchanges to indefinitely halt trading and the price to effectively crash to pennies. Their bet is the other side will capitulate before that
Exchanges and applications will fatigue first and point exclusively at the SV chain because ABC will be a war zone.
Those exchanges have a fiduciary duty to their depositors to be able to have reliable withdrawals and deposits. That requires pointing their services at nodes with a ledger that is not being constantly reorg’d.
The power on the other side is fundamentally Bitmain. They are in the middle of a huge IPO and their valuation is based, in no small measure on their massive holdings of BCH. They cannot afford to fight & diminish the value of their holdings at this time. It could derail the IPO.
The distributed community will prevail in the long term. That doesn’t mean it will win every battle. It doesn’t mean that BCH will survive this. Bitcoin will survive. Part of why the distributed community survives is because a network can die without killing Bitcoin.
[…] if this attack is successful, it’ll redefine the entire crypto landscape and possibly destroy the value proposition of all coins, until another genius arises much later and come up with a better consensus and social system.
I’m not sure people in the industry quite realize how much is at stake here. The outcome will resonate far beyond BCH, even the laziest of BTC whales should be alarmed.
They can’t see it. That’s why I said only Calvin and Craig are even aware they are sitting at a poker table. Hard to win at poker if you don’t know you are playing.
It’s much more complicated game, because it’s not a game. Much more is at stake here, we’re talking about taking over a multi-billion ($8B-$200B) dollars real world industry with the outcome of becoming the next Bitmain. Things will not go smooth & be simple, it’s geopolitics.
They don’t want to be the next Bitmain. They want to be the next Rothschilds. After BCH, their next target will be BTC.
Every online casino in the world will be using Bitcoin Cash SV.
All the transactions will be done on the chain.
A minimum of 128 MB is a must because there are going to be a shitload of transactions and billions of $ coming in to BCH SV.
>>source of this?
Not allowed to give any details about it because it might jeopardise my job.
Only hint I will give and it is up to you to investigate it.
>>why wouldnt LN be satisfactory for calvin for gambling purposes
lightning has the same regulatory characteristics as the current system
>>how so, the whole “LN nodes are money transmitters” meme? i dont see how that wouldnt apply to bch nodes as well.
It’s not a meme you stupid corecuck cunt. Christ it’s been over a year now and you still don’t fucking get it, they pushed liquid sidechains on you and you still don’t fucking get it. Lightning is not a solution to the problems Bitcoin has, it is a solution to the problems the state and banks have WITH BITCOIN YOU STUPID FUCKING CUNT.
All of the problems lightning has *ARE BY DESIGN* it is centralised *BY DESIGN* large lightning nodes are required for any significant payment volume *BY FUCKING DESIGN* it can only transfer non-macro-significant amounts *BY MOTHERFUCKING DESIGN*.
EITHER WAKE THE FUCK UP AND START PAYING ATTENTION OR GO BACK TO YOUR MOTHERFUCKING MCJOB AND DO WHAT YOU ARE CLEARLY FUCKING FIT FOR and stop SHITTING UP THIS PERFECTLY FUCKING INNOCENT BOARD.
>>Oh my god, is the damn of blockstreamcore-induced retardation finally breaking?! Is the herd finally waking up?>>The pill would be a lot easier to swallow if the bch poster boys werent such colossal cunts
That doesn’t fucking matter. Life is not a game about who is nicest. Look at BTC, one of the biggest powers behind it is a neanderthal larping reject pastanigger constantly boasting about his exploits as a murdering gangster thug and demanding that everyone submit to his genius and suck his dick. Nobody ever fucking mentions that shit because we all just like to pretend that he doesn’t exist, but he fucking does.
It’s not about who is nicest, it’s about who is fucking right, and the combative BCH boys are fucking right. Proof of work is a practical substitute for modern warfare, if the vendors of proof of work won’t fight then they’re useless. SV is forcing the issue and hats fucking off to them. It needs to be understood that this is the real deal and we’re willing to fight to protect peer to peer electronic cash in this realm, end of fucking story, and all the larping wannabe feudal daimyos, all the glow in the dark cianiggers, all the fucking mindless npc cunts who just parrot shit they don’t understand because that’s the way the horde is presently spewing, need to fucking get in line and realise the nature of the game that is actually being played.
Maxwell is a low intelligence fucking pawn for the state.
I’m not going to give the cunt the satisfaction of saying his name. Anybody who is familiar with the space knows to whom I refer, and it’s irrelevant at the end of the day. What matters is *why is this all fucking here*.
Consider the praxeology of war post the introduction of nuclear weapons. Stupid cunts will either believe or LARP as if global thermonuclear warfare were an event that civilisation proper will, or would wish to survive, but they are fucking wrong, and idiotic speculation about the fucking energy dispersions involved would, if you applied them to a trip into the photosphere of the sun, also lead you to the conclusion that shit’s going to be just fine also.
And what the fuck *is* war? If not the last argument of kings? that with which final disputes are settled in the absence of any negotiated settlement? And what does it *mean* if that is now *obsolete*? He who demands the most ridiculous thing and threatens the unthinkable in the absence of its delivery wins? Or we must find an alternative last argument of kings, something which can play out to final stage, and not destroy the entire world and all known intelligent life with it at the same time, and the disputes are settled.
That’s what proof of work is, POW vendors are effectively armies, blockchain rulesets are effectively Daniel Krawiszconstitutions, and people who transact upon this medium are the new citizens of these prototype economic blocs which are set to supercede nation states. This is how anarchocapitalism finally comes to fruition, this is how both psychopathic powermonger cunts and onions sucking leftist effete clueless motherfuckers simultaneously get the assfucking they so richly deserve.
That is why we are here. That is how you win this game.
Right now the majority of hashpower is signalling that BTC is the most valuable chain, and the fact of the matter is that it’s simply not and absolutely everybody with half a brain knows it.
The Ayre gambit will result in the bulk of BTC miners having to either accept that they don’t get to set the rules in the legitimate Bitcoin while they keep deploying resources signalling for the BTC shitcoin chain because that’s what the pleb NPCs have been programmed to swallow. Either they move gear back over to fight, and maybe they win and prove that BCH is Bitcoin and will be legitimately defended, or they don’t and they get their ass beat by guerilla warriors on Ayre’s side that prove that BCH is Bitcoin and will be legitimately defended. Since both rulesets still qualify for peer to peer electronic cash, there’s actually no losing move for somebody that believes in Bitcoin (BCH). Any way you look at it, a war will be fought, the chain will be defended, and nakamoto consensus will have been empirically validated as a dispute resolution mechanism as this scheming patrician points out in >>11632180
In addition, if any significant dumping of either hashrate or holdings happens which negatively impacts the price of the BTC shitcoin, due to the massively pumped up hashrate presently on said chain, it may be a repeat of November 12 2017 but in a much more aggravated sense, as slush is now relative to then a much smaller portion of the total global hashrate, but the hashrate has been pumped up stratospherically high. Given the technical ignorance and fearfulness of the plebs over on the BTC chain, a chaindeath spiral is a distinct possibility as both forces cover their bases on what is really, actually important to them, rather than just playing nice for the stupid plebs.
TLDR; These conniving ancap BCH boys are playing a deliciously complicated game of poker to force the chinks to stop scamming the plebs.