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The Transformation of Man
There was a civilisation which grew very large with enormous wealth alongside equal poverty. Nevertheless. things were improving slowly for all. Over the aeons, and all by itself, this civilisation formed an attractive cosy narrative, which allowed everyone, rich and poor, to dip into the wealth created by others, without the inevitable consequences of this […]
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Bitcoin, and Ships in the Night
Tohonesty, is the restitution of lost or stolen coin. Bitcoin ownership does not absolutely require keys or wallets. These tools just make it’s use that much more easy for the punter. Bitcoin is not cencorship resistant. It’s transaction are not encrypted. It does not deliver anonymity. Bitcoin ownership is commodity property, just like all other […]
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I Am the World
All good commentary hits the spot. I mean commentary we all tend to make about world problems and the problems of social life. But only in a narrow limited part of the world. This commentary is always excellent often highly intelligent, inside it’s limited scope. But it’s totally unaware of the rest, of the whole, […]
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Most Bitcoin Holders, Recognise at Some Point, They Have Been Holding the Proceeds of Crime
Most bitcoin holders, recognise they are, or at some point have been, holding the proceeds of crime. During my research into Bitcoin over the past year I’ve been astonished how so many bitcoin holders go bananas when I point out that it won’t be long before the narrative of censorship resistance will be a thing […]
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COULD COORDINATED LAW ENFORCEMENT ACTIONS SEND BTC TO ZERO?
COULD COORDINATED LAW ENFORCEMENT ACTIONS SEND BTC TO ZERO? This piece will be very difficult for 99% of bitcoin fans to look at objectively. The conditioning of a powerful narrative is way too strong.
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1% hash rate is enough to control the Bitcoin network, if, 99% are breaking the rules
The theory is that 51% gives that group control of the network. But even if an honest miner or group of miners only has 1% hash, they will still be the longest chain in the end. So long as the other 99% of miner hash power is building blocks with invalid transactions or breaking the […]
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Bitcoin Leadership Must Break the Narrative To Make Way
Bitcoin trials are necessary, to ask a judge, to order miners, to move stolen or lost coin, back to the rightful owner. Trials are necessary. But not to prove who you are or defend against libel. That is all.
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Ideas, Root Cause of Plenty, and Conflict, are Just the Movement of Thought
Marxism, Facism, the left and right, religion, science, all other ideology. All these things are just ideas. They don’t really exist. Society does not exist. It’s just an idea, created by thought. And no one is capable of looking at the structure of thought, nor watching how it moves. We’re only capable at this stage […]
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Is 1% Hash Enough to Secure the Longest Honest Chain
By ‘honest’ I mean the one operating within law and affirming the unilateral contract. I don’ know for sure. This is how I see it: If 99% of miners are adding blocks to the longest chain, and this chain contains seized or frozen transactions, anyone operating on that chain will be facing legal action. Miners, […]
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BitcoinSV Empty Block Attack. Is it a Problem?
For me, no. My work is focused on beating the Blockchain Association to getting the first court order to move either stolen of lost coin to a new address. And the work is focused solely on the Bitcoin Core (BTC) chain, because that is the largest market with the most opportunities. It’s not an attack! […]