Tag: Bitcoin
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This is crazy.
Via Protos: A British court has sentenced a whistleblower to 10 months in prison for exposing Craig Wright’s forgery. A few days earlier, a British court convicted Wright of forgery, partly using the documents found by the British whistleblower. He also exposed some chicanery in a German bitcoin gang named nChain. Caution: Protos sometimes gets…
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Talent and drive
A British court has decided firmly and colorfully that Craig Wright is not Satoshi. The general verdict was announced earlier, and the final document was published today. Overall I’m impressed by two things. 1. Impressed by the comprehension and understanding of the judge, who clearly spent vast time and effort learning the details of the…
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Missing the syllogism
A Redditor asks if bitcoin can ever be widely adopted. The comments and countercomments miss the point. Bitcoin has ALREADY been widely adopted, but NOT as a store of value or a currency. Blackrock has started using Bitcoin as a gambling chip (aka ETF). Bitcoin is ideal for gambling since it has no real-world connection…
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Supercondensed matter
This 1954 promo for the Nutrilite supplement is well produced and typifies a long tradition for MLMs and related scams. Bitcoin follows the same tradition. Both pivot on a false idea of super-condensation. The product is EXTREMELY valuable because it’s EXTREMELY condensed. Condensed products are a wonderful idea, making extended storage and savings possible. Condensed…
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One new fact
Real lawyers discuss Sammy’s sentence. Good clear info but mostly old news, with one exception. The federal board decided to put Sammy in medium security rather than a Country Club Camp. These lawyers think the decision was more about protecting Sammy from his “victims”, not preventing escape. Makes sense, given that his “victims” were mostly…
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Open source is shit.
Part of the bitcoin gospel, and the Tech Tyrant gospel in general, is the “benefit” of Open Source at every level. Supposedly a codebase maintained by unpaid and overworked hobbyists will automatically be better and more secure than a codebase kept within careful bounds by a business that owns and guards the rights. Via Protos,…
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The fleet rule
Listening every night to those auto dealer training films. They assumed forced obsolescence as a basic fact of the universe, and relied on the manufacturers to keep it moving. The Conservative Prospect was troublesome because he liked simplicity, liked to do his own maintenance, and disliked constant change. New thought: This is a pretty good…
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Today is Bean Counter Day
The day after the traditional (but not observed) Income Tax Day has been dedicated to accountants and bookkeepers and clerks. Clerks are insultingly called bean-counters by grandiose executives who want to eat all the beans. Following today’s theme, clerks are the internal negative feedback mechanism for predatory capitalists. When the exec wants to LBO the…
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Reprint on Platonic crap
Reprinting this from just a few months ago because I feel like it. = = = = = START REPRINT: Via MindMatters. = = = = = START QUOTE: Mark Balaguer defends the proposition that mathematics belongs to an eternal realm. This realm is frequently referred to as the Platonic realm. Mathematics is like nothing…
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Democracy in one county
Stalin’s slogan was Socialism in one country. Trotsky was a globalist who wanted to conquer the world to prove a point. Stalin was a nationalist who wanted to improve his own country. Now there’s a new slogan: Democracy in one county. One county in Texas, solitary and alone among all counties and cities and states…
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Refreshing
John Ray, in charge of cleaning up Sammy’s bankrupt fraud, offers some welcome clarity. Most of the time we hear cautious lawyered-up buzzwords from people in Ray’s position. = = = = = START RAY: Never in my career have I seen such a complete failure of corporate controls and such a complete absence of…
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Nice conclusion
Unsurprising but nice: A British court finds that Craig Wright’s claim to be Satoshi is false. Several of his accomplices are leaving the sinking ship. Wright is just a suer. Nothing else. He made big money from a pre-bitcoin fraud, and has been using his fortune to run an endless series of mostly losing lawsuits.…
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Converse
I’ve made the same observation about long-distance communication and languages, but for some reason didn’t fully assemble the two observations. Time to assemble. = = = = = Long-distance communication systems are always built by conquering armies and stock swindlers. The Chappe system was the archetype. It was built by the globalist “science”-godded tyrants of…
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Thar’s gold in them thar shills
The NFT scam is still running, though it’s obviously running on a digital manifestation of an expression of a hyperlink to a mention of vapors. These people are trying to sell the concept to artists by treating art as “a manifestation of an expression of who I am”. In some vaporous way, NFTs help to…
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Why did they choose Sammy?
Wondering why the regulators went after Sammy hard and heavy. Other bitcoin players of the same type, notably Sam Altman, are on top of the world despite engaging in equally slimy rackets. Sammy’s racket attracted rich criminals, carefully selected by his obvious location. Anyone who CHOSE to invest a million in a dubious venture located…
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