Saturday, September 2, 2023

How can we support Bitcoin if Satoshi demands life sentencing for non-violence

Am an OG Bitcoiner slowly coming around to the fact that Craig is Satoshi. I was not extremely early (nor successful) but have been buzzing around since 2012 nonetheless (and have cross posted this to bitcointalk.org today)

And I'm also an independent coder who's since built applications on Bitcoin and been paid in Bitcoin for services/hours rendered apart of consulting & software projects. I also have a small brick & mortar shop & accept Bitcoin at the till. In other words, I'm a rare but real user of Bitcoin using it for real world/day to day transactions.

Though I was skeptical of SegWit, like many I glossed over the attack/smear propaganda on Craig and just superficially thought that well he must be a fraud cause everyone says so.

It wasn't until only recently, discouraged by the echo chamber that is BTC and inspired by the need to make some key technology decisions for upcoming product development, that I began to listen to his talks and more recently the interviews/podcasts.

He is clearly a passionate & talented individual with all of the credentials & experience needed to have created the original Bitcoin. Not that it matters looking forward.

I wanted to give Bitcoin SV a chance particularly as I have a growing need for a secure endpoint / addressing system ie- blockchain for this product I have been working on for some amount of years. Not to mention a couple related projects that will share the same tech. I've built on BTC thus far but Lightning network breaks the chain IMO and I think this is disruptive for longterm application development. Naturally I turned my attention to BCH and BSV.

Then I heard Craig say something that concerns me deeply. It was his response to regarding Ross Ulbricht here at 51:18

https://youtu.be/E9t63P3vdeA?si=s2YDcgTyvC68FoZv&t=3074

"Should he be in jail for consecutive life terms?"

"yes, I believe so"

he goes on to say that "if we ever have corrupt police, that is one of the worst things... corrupt police - public execution if you ask me"

Is he not being incredibly shortsightedness about the corrupt policing involved in Ross' case? Someone tried to cookup a murder-for-hire story that was never applicable in court because it was so flaky. Who was that... did it involve corrupt police? And is the judge corrupt for the excessive sentencing? If a corrupt cop deserves death what about a judge?

And regarding drugs, I respect that he is taking a strong moral position against the distribution of dangerous substances.

But 2 wrongs do not make a right; if a freedom loving pie in the sky entrepreneur made the mistake of creating a market (using Craig's tech) that was a little too open - which paved the way for OTHER bad people to do bad things - where does Craig with his masters degree in law determine that said marketowner deserves to rot in a cage until death with the keys thrown away?

And who will carry out this sentencing for Craig; he expects that 'the system' will just work out and handle this pesky criminal entreprenuer for him. If Craig Wright wants Ross in a cage forever, Craig should be the one who tries to keep him there. At least then his friends & family would have much more viable option to bust him out.

Anyway, I tried to engage with Craig directly on this, but he subsequently blocked me on Twitter without providing a satisfactory reply. So here we are.

This is a bit of a wrench in my plans; I was keen to learn more about setting up a BSV node and the costs involved. Not necessarily to run one myself but I wanted to experiment and test the features/functionality of BSV before saddling up and doing any serious product development on this.

And tangentiality I think this series of events naturally oerlaps with an internal philosophical struggle in using money altogther. On one had we need a system better than fiat. On the other, replacing one elaborate system for a new elaborate system does not seem like the solution human civilization really needs.

In fact, it seems money itself - aka root of all evil - really is the root of all evil. Or stated otherwise, a cancerous idea that is going to wipe us out or at best - chain us forever. The deeper problem even beyond money it seems is consent to third party authority: systems, people, technology ie- anyone who is not directly involved in fulfilling your needs. For example, if Craig didn't consent his authority for force to third parties he would need to use force himself or at least his own resources to imprison someone for forever. This is ironically the solution to that natural balance he himself says is necessary.

Today I just 'use money' and Bitcoin right now cause like everyone else it is the 'current sea' I find myself in. More and more however, I just want to sail to a place where there is not this mass of consenting believers everywhere; I want to return to nature and exchange what I have for what I need with people without a third party system or shadowperson involving themselves in every transaction. Of course, the ship may have sailed already as our world is torched around us by those who have for so long taken advantage of this critical flaw in human 'civilization' /end rant.


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Dogecoin Elects New CEO - A Shiba Inu Puppy!

Hello my crypto-crazed degens! Gather 'round for the most absurdly breaking news in the history of crypto! We've just received word that Dogecoin has elected a new CEO, and it's none other than a Shiba Inu puppy! πŸΆπŸš€

In an exclusive interview, the Shiba Inu pup barked, "I may be young, but I'm ready to lead Dogecoin to the moon! Woof woof!" πŸŒ•

The crypto community is going wild, with some investors claiming that this is the ultimate "paw-sitive" catalyst for Dogecoin's future. 🐾

We reached out to Elon Musk for a statement, and he simply responded with an emoji of a rocket ship and a Dogecoin logo. Classic Elon! πŸš€πŸ•

But wait, there's more! Rumor has it that the first order of business for the new CEO is to replace all blockchain miners with squirrels. Yes, you read that right - squirrels! They're faster, more nimble, and they love nuts, which is oddly fitting for the crypto world. 🐿️πŸ’°

In other news, Bitcoin enthusiasts are reportedly considering renaming their cryptocurrency "Bitcat" in an attempt to join the animal-themed crypto movement. Meow, that's a change! πŸ±πŸ’°

This article is purely for comedic purposes and not based on actual events. Keep HODLing and have a howling good time in the crypto bear jungle!


Does anyone else feel we are on the brink of some black swan event? (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/168ebs2/does_anyone_else_feel_we_are_on_the_brink_of_some/

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Investing in the modern world

Investing in the modern world has evolved significantly, driven by technological advancements and shifting economic landscapes. Here are key considerations for today's investors:

  1. Technology-Centric: Embrace digital platforms and fintech tools for easy access to global markets, real-time data, and automated trading.
  2. Diversification: Spread investments across various asset classes (stocks, bonds, real estate, cryptocurrencies) to mitigate risk and enhance potential returns.
  3. ESG Investing: Environmental, Social, and Governance (ESG) factors are now integral to investment decisions, aligning portfolios with sustainability and ethical values.
  4. Robo-Advisors: Utilize AI-powered robo-advisors for personalized investment strategies, lower fees, and hassle-free portfolio management.
  5. Cryptocurrencies: Explore the potential of digital currencies like Bitcoin and Ethereum, but do so cautiously due to their volatility and regulatory uncertainties.
  6. Education: Continuous learning is crucial. Stay updated on market trends, investment strategies, and financial news to make informed decisions.
  7. Risk Management: Implement stop-loss orders, diversify geographically, and maintain an emergency fund to protect against market downturns.
  8. Long-Term Perspective: Patience is key. Successful investors focus on their long-term financial goals and avoid reactionary decisions based on short-term market fluctuations.
  9. Professional Advice: Consult with financial advisors to tailor your investment strategy to your unique goals and risk tolerance.
  10. Stay Informed: Stay aware of geopolitical events, economic indicators, and emerging technologies that can impact your investments.

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Friday, September 1, 2023

SpiderWeb ($ARAC) - Quick Fundamentals - Security Features

Hey Spider-Mites,

Today, we will start off with a Quick Fundamental guide on the Security Features of SpiderWeb ($ARAC)! This will be a quick guide to highlight the key points and features within our security features for you to better understand just "How" we intend to protect the information, and "Why" it will be far more secure than the traditional methods used today!
This project was built with the aim to reduce both cost of traditional web hosting and traffic while maximizing focus on providing security as it has become a rampant issue amongst users, both business and personal alike!

Let's Begin!

Spiderweb ($ARAC), is/will be composed of self-built private nodes and public nodes of P2P resources, in essentially 3 tiers, to form a web of decentralized IDC infrastructure:

Tier Structure

For heightened security, Spiderweb ($ARAC) has a built in proactive/passive AI which monitors all traffic and also uses the same SHA256 encryption method as Bitcoin nodes, SO incase of failure or intrusion/hacking events, it will automatically relay and/or retrieve information between other nodes, so that data security is guaranteed! (see photos below!)

Your personal nodes (SDN - See White Paper for more details) will hold about 49% of you data, while the other 51% is fragmented on all other nodes within the network, and the process to rebuild ANY loss data from any POSSIBLE failure events will be easy as well so that users can operate without worry!

After SHA256 encryption fragments your data into 100 pieces, it will store it across 100 initial nodes across the network so, with these exciting and amazing features, you can be sure that you can go about your business with a peace of mind!

(SpiderWeb ($ARAC) will also incorporate an eco-friendly and energy-efficient consensus mechanism called "Proof of Use" (PoU), which will be used as a means of reward verification as well!)

(**See the NFT Collection Launch post for more details!**)

Thanks everyone for taking the time to understand our Security features! Once again, for a more detailed explanations of this, please visit our #WhitePaper here: https://discord.gg/TmhneY5SEu !
Hope everyone has a great day and let's weave a brighter future together!