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About -Bitcoin Cash double spends
The Great Web of Slime
There is a web of invisible slime that reaches out from the artificial traditions of psychological think tanks, like The Tavistock Institute of Human Relations, whose roots trace back to the Vienna Psychology Club; a web that stretches across the entire world and inserts itself into your lives in intrusive, unethical and corrupt ways. Groups are deceiving you for a dollar, for a vote, for your personal information, for your labor; for your body and soul. This deception is carried out using every screen you look at, every song offered to you, every sign on a billboard, every popular book, magazine and newspaper. If you want honest information; if you want to see past the slime, you are going to have to look hard for it. If you are just starting down your journey of being cognizant of the deception, the scope is difficult to believe but well borne out by the evidence. We all know the news is dishonest, but the common myth is that it is for the ratings and for the views. The ways in which the news is dishonest is what is really difficult for people to swallow and the “why” still very much in debate until you understand the framework by which they operate. Systemic corruption is no exception to the march of modernization; more sophisticated than ever and more capable of staying hidden to the average person. Modern day slavers control the narrative and the reason it is a spiritual conflict between good and evil is because there are a very small group of people who believe that stealing your agency/free will/consciousness lends itself to their ability to become gods, in their own right. Understanding that the elite have deep occult traditions is important, though often scoffed at. However, to advertise their power and influence, occult messages are constantly and publicly advertised back and forth between these groups. It is no theory that think tanks have studied and implemented cult behavior even going so far as to create artificial cults in which to entrap people. Faceless, emotionless, unempathetic organizations that are merely constructed of words on paper are able to impose these cult tactics on you with impunity and in secrecy. This is the heart of the problem; when it comes to an organization, company, agency, church, etc., these abstract constructs are very much not human, at all. Their existence is alien and unknown to human instincts, who assign human attributes naturally and without conscious thought. These constructs take advantage of normal, honest, empathetic individuals by mimicking empathy, not by actually being empathetic. There are more slaves, now, than ever in human history and the methods of enslaving are far more insidious than ever. Modern slavery networks and the corrupt political ecosystems that allow them to endure are the heart of mankind’s problems. If we, as a society, were able to address the corruption that keeps these networks alive, then we, as society, would solve a lot of problems surrounding organized crime, in general, not just the problem human trafficking. How do we do that? It is very simple; “Zero Trust” policies in organizations and 100% government transparency. That’s it. A great deal of time, effort and money are spent making sure these issues never hit the ballot box and are never part of the platform of a candidate you are given the option to vote for. The movies you watch are constantly reminding you of dangers that allow a select group of idiots to maintain secrecy that is undeserved and clearly wielded for uses other than helping society. Common sense solutions are not prioritized by the media and politicians. Don’t be a part of the destruction of common sense and common courtesy. Stop taking the bait. Stop taking the path of least resistance. We are all guilty, but pushing yourself to be better and do better has a ripple effect in the world around you. Being a terrible person also has a ripple effect. There are enough bad ripples. The concept of an “epiphany” is an important one; where a person’s mind changes on a physical, neurochemical level to the extent that their world view changes. The moment a person is “red pilled” is an epiphany and it is very much the concern of media and Internet shills and their manipulative overlords because they do not want people to have the realization that the system is corrupt from top to bottom and that both sides of most narratives. But, if you do have that realization, there is a plan for you; to do nothing and sit idly by as corrupt forces continue their work. When you have an epiphany, the neurochemical storm actually is a moment where you are most suggestible and most ready to be manipulated. If you manage to raise your level of awareness across multiple narratives, the system almost doesn’t need to care about you, anymore, as they have likely already moved you to inaction and made you unwilling to tell others the truth. While there is a great deal of science that goes behind manipulating people, the tradition is as old as human history, itself; it’s origins, magical from the perspective of the ancients. Whether you call mass manipulation “hypnosis,” “psychology,” “magic” or “science,” the fact of the matter is that it is there in a more constant form than ever, impossible to avoid, and invisible to those who aren’t paying attention or willing to research and think for themselves. Like the idea of dark matter, you cannot see it directly (at least, when done well), but should be able to test and compare data data in different circumstances to detect it. There are many confirmed real world examples of mass manipulation that people should be aware of, because it is very easy for people to believe that it is not happening to them. Many say that is too big of a conspiracy to keep secret; though we already see how it works with a variety of leaks, court cases and plenty of proven real world examples. If you encounter this argument, you have probably encountered someone who is hypnotized into misunderstanding the word “conspiracy”, where a group of people work together to commit crimes. One easy way to create a consensus across media organizations is to enter into “non disparagement agreements.” For example, HBO entered into a non-disparagement agreement with Michael Jackson’s attorneys. A recent court case established that the agreement remains in effect even after his death. This means, with the right law firm, someone can enter into many unknown non disparagement agreements with many companies. It sounds weird, but this is like black magic. Occult literally means hidden. Secret words have been spelled out that the public is not aware of, but creates the illusion that there is a consensus about any given personality; like say a politician, a singer or an actor. A web of mutual non-disparagement agreements works as a form of forensic interruption, preventing people being held accountable for crimes. Between non-disclosure agreements and non-disparagement agreements, there is a web of protected relationships where people, products and even governments are not allowed to be discussed in a negative light. This has created an extortion racket by the media. If you don’t buy in, then you are fair game. Not only are you fair game, they will harass you until you buy in because they literally need something to do due to their lack of ability to speak negatively about their cohorts. When you consider the nexus between government and media, the problem is compounded when you introduce the concept of keeping things secret for national security. Policy has created the circumstance that corporate and secret government interests are intertwined and they become aligned in keeping each other out of jail. While a lot of this is managed at upper echelons, the system is merely taking advantage of human nature, which is why the government and media should be operating from a “zero trust” standpoint and not the other way around, like it currently is. There is and never has been any reason to trust the media or the government, and doubly so when their interests are aligned. There are many proven real world examples. The first ingredient to modern mass hypnosis is saturation and repetition. Your first clue that the message is artificial is when many corporate, government and astroturfing battlegrounds all agree on the same thing. Not only is a contrived message oft-repeated, it is generally very polarized; where, due to cognitive bias, it is designed for consumption by both sides with the ideal result of making one side feel schadenfreude and the other side feel outrage and injustice. Just being aware of this polarization tactic and allowing yourself to have more nuanced opinions that the black or white ones offered up to you, is incredibly effective at not taking the bait. “Systems Psychodynamics” is the name of the psychological framework that is used to monitor and control people, primarily based on attacking and reforming “basic assumptions.” By controlling everyone’s basic assumptions using the repetitious push and pulling narratives, the levers of political and monetary behavior are controlled through “influencers.” This framework reads like it was written for social media, though, in reality, it is much older; social media merely enhances the effects. One easy way to detect the agenda and the widespreadness of the corruption, without even knowing the finer points of mass persuasion techniques, is to see what is censored. Generally, the astroturfing campaigns seek to drown out good information that is contrary to their cause. However, when you find some information that is very damaging to their narrative, especially before they’ve scripted a response, it gets removed. Eventually, they will write up a standard response, but this takes time. For this reason, I incubate a number of censorship experiments across multiple sites. While people easily get away with discussions about aliens and flat earth, conversations about modern slavery are shut down everywhere; particularly if you call people to action in reporting crimes. Sites that purport to be “free speech” will not allow you to openly hunt human traffickers and the “system” seems to hate vigilantes more than anything. Most recently, the censorship around Covid “truth” is heaviest. Censorship of doctors has been swift and totalitarian. However, because I see generally what gets censored, first, I knew this was all a scam from Day One. The first SARS COV 2 tests, up until March, were merely SARS COV tests. Very literally. The SARS COV 2 tests hadn’t been invented, yet. Explaining that the body produces the CR3022 protein (what the antibody tests look for) for all human affecting coronaviruses was heavily censored. Even now, explaining this basic fact that exposes why a great deal of testing is fraudulent, is struck from both Right and Left astroturfing machines. If you really want a rabbit hole to dig through, search the coronavirus pandemic bonds that matured March 23, 2020. Prior to that, the name “Eric Ciaramella” was one of the most censored things on the Internet. Censored, in that the information was deleted immediately. The motivations behind these multi-site censorship campaigns should have everyone concerned because it is consistently in support of Democrat and RINO narratives, politically, and always in favor of human traffickers. However, even the Q Anon group will censor you with a variety of tactics if you speak of certain things in the wrong way or mention the possibility that they, themselves, are part of an astroturfing outfit. Fox News still won’t give a fair shake to the Uranium One/Skolkovo/Troika Laundromat evidence and it betrays them as controlled opposition/ a limited hangout, since it would destroy the Democrats. Any “side” of politics you can be on, whether it’s fringe or mainstream or Right or Left, every group has limits to what truthful statements they will tolerate and the nexus where all the groups meet in alignment is when it comes to discussing modern day slavery and who is profiting from it. Simply removing content is very overt and complaining about it to those who do it will usually earn you a mute or a ban. Running a “brand” across multiple platforms requires conformity to social media company ideologies, or you will be subjected to any and all means of censorship. Covert means of censorship are also rampant. Upvotes.Club offers a service that not only promotes the content you want, but downvotes topics that run contrary to your marketing strategy. This is one of many astroturfing services. Shadow banning is another tactic that can be difficult to detect. “Deboosting” is common in social platforms, as well, where the number or type of viewers who see your content is limited. This breeds “echo chambers” across multiple Internet communities. Out of frustration and curiosity, I began experimenting with different ways to engage with the shill communities. Very often, their own tactics work quite well against them. Years into this push and pull with these groups, my best strategy has evolved to monitor them as they often telegraph economic opportunity and subvert them from behind a layer of complexity a shill script can’t understand and is unable to deal with. When I noticed Bitcoin was being heavily shilled, I saw a signal to buy early. This was the catalyst for rethinking everything I was doing. When I noticed that there was blatant fraud in the media about SARS COV 2, I noticed the exact same behavior I had seen before when I struck it rich with Bitcoin. I even went to my audience and said on a podcast, “the market will be back to normal levels in a month… six tops.” I bought the dip, knowing the numbers were fully overblown. My $TSLA experience has been quite enriching. Every day, in the stock trading communities, shills are looking to pump and dump stocks and groups are spending money to illegally manipulate the stock market. However, you can use different ways to monitor social media to detect potential pumps and dumps. If you start seeing the same thing show up on different platforms, among different known shill groups, you know someone has paid for a pump and dump. So long as you have a set, small percentage to gain, you can avoid the pitfalls and get out early. Right now, that is my “edge”, in trading. I don’t feel nearly as obligated to spread the truth to others, since I’ve realigned my priorities. These technological tools for being the first to news items, to new evidence, finding new ways of searching existing information; not only does it help you navigate past censorship, you can use it to make more “realistic” decisions about the world around you. Politics and the stock market are inextricably linked. To be informed on one, is to be informed on the other. When you begin to pull in more intersecting information, like “systems psychodynamics” and overall agendas of differing groups, you are expanding your knowledge and your consciousness so that your intellect has more of a real world impact. When you delve deep into ancient traditions, you will, eventually, learn of alchemy; usually the pursuit of endless wealth or the search for immortality. Day trading well is, essentially, modern day alchemy in that you are making money from thin air. Musicians transform what is in their mind into a product that can be sold. There are many forms of alchemy. Bitcoin is another great example of modern day alchemy. In my humble opinion, augmenting your own well-disciplined intellect with good computing practices can make you a modern day wizard; an alchemist. Many people were saturated with pro-Nihilism marketing and ate it up with their Cheerio's while listening to Nirvana CDs. A couple of generations of nihilists later, combined with portable dopamine trap screens from waking moment 'til slumber, and people are literally having a hard time finding a reason to get out of bed in the morning. Being a successful trader heals a lot of the damage from that consumerist propaganda and forces people to interact with the natural causes of their decision making. The Market is not racist. The only color you have to worry about is green. The market does not celebrate your success or mock your failures. The opinions of critics do not count. The Market does not care about your feelings or anyone else's. All people enter the Market equal and there are no participation awards. There is no busywork. Your test scores do not matter. All that matters are results and that type of black and white simplicity makes the Market the most sane aspect of society, right now. Though most of the obvious stocks have since reached preCovid normality, it has been easy to make money by sorting every ticker by Feb 20 high, then subtract the current price, calculate potential gain when they return to their old price and pick ones that had a high probability of doubling or tripling your money the fastest. I understand it seems tangential, the stock market angle, but when you are routinely called a “conspiracy theorist”, it helps to be as realistic as possible and there is no better way to prove your theories than by putting your money where your mouth is. The stock market is a vessel from which normal people (”retail investors”) are scammed constantly, for the benefit of institutional investors. The Epsteins, the Soros’, all the political elite; they are playing in this realm and they graduated to using AI and machine learning to augment their schemes years ago. In order to understand the elite, you have to understand their playground. In order to compete in the information age, you need to augment your intellect using technology. If nothing else, use it to be meticulously organized. If you get organized in only one aspect of your life, make it your finances. The Democratic party uses the ADA AI, named from Ada Lovelace and a competitor, in 2016, Cambridge Analytica, was used by the Republicans. These AI’s are augmented with databases and metadatabases of everything that can be served up by a social media APIs. They know everything about you and they don’t spy on your microphones, cameras and screenshots to catch you at crimes; they are spying on you in order to better teach you how to vote and spend money. Combined with an army of astroturfing accounts, these AIs are quite good at manipulating what shows up on your screen. This type of censorship is bad for stock traders, researchers and people who just want a few honest answers. In order to compete a bit better, I have taken to making by own custom feeds and scrapers, so that I can database text of many sites and subjects, which then is far easier to search, but is also able to sort information so that I can find what I am looking for in a few minutes, as opposed to trawling the same channels or search engines everyday and learning relatively little. I am really on the hunt for stuff that is voted up or noticed organically and is in that stage before it catches on by a shill group. I incorporate a lot of OSINT tools and I like to collect leaked databases to be able to compare information. It is very helpful to use machine learning to detect what I need as quickly as possible and serve it up to me, first. Applying my own knowledge of how the astroturfing system works, I have developed strategies to target influencers with new and original information and I can quickly and easily get it to them without influencers even knowing I am the source of the information. I just have to identify the correct group to get my message out, then make sure their leaders see the information, who will naturally post it on their own and their followers will naturally vote information up for free. I don’t do this with stocks (questionable legality), but I do feed good news to the right people and I exert a lot less effort to get ideas across all platforms than I used to. No astroturfing groups are into anti-consumerist ideas. “Hydro Homies” and “No Fap” are two great examples that recommend people be anti-consumerist and avoid specific products. As a result, these movements, despite being healthy and productive, have a lot of trouble gaining traction. There is no mainstream push for a truly healthy agenda. All contrived movements must pay to astroturf and shill because, otherwise, embracing their products and ideas is contrary to your well being. No shill group is working to save you money or trying to convince you to make the right decision, for yourself. There are certain messages almost no one will add social media velocity to; detailed instructions on how to report crimes or catch pedophiles, leaked information that hurts both sides of the political spectrum, anything a little too technical or complex. There are already efforts to make hijack the anti-human trafficking crowd. They will be tricked into meaningless pursuits that have no real world consequence. Money will be raised and wasted. News article after news article will be pumped out detailing how everyone is supporting victims and raising awareness. Meanwhile; nobody of consequence is arrested. The mining industry will continue to use forced labor and the networks they use will also feed the sex slavery and domestic servitude and the systemic policies and corrupt politicians will continue on unimpeded. Let’s hope that changes, but it will require a lot more people getting off their asses and getting involved. It will require a lot more people speaking up outside of their echo chambers. Ready. Set. Go.
Imagine if there was one desk that all stories could cross so that, at 4am, a media plan could be decided upon and disseminated where all news outlets coordinated to set the goalposts of debate and hyper focused on specific issues to drive a narrative to control how you vote and how you spend money; where Internet shills were given marching orders in tandem to what was shown on television, printed in newspapers and spread throughout articles on the World Wide Web. https://i.imgur.com/Elnci0M.png In the past, we had Operation Mockingbird, where the program was supremely confident that it could control stories around the world, even in instructions to cover up any story about a possible “Yeti” sighting, should it turn out they were real. https://i.imgur.com/121LXqy.png If, in 1959, the government was confident in its ability to control a story about a Yeti, then what is their level of confidence in controlling stories, today? https://i.imgur.com/jQFVYew.png https://i.imgur.com/ZKMYGJj.png In fact, we have a recent example of a situation similar to the Yeti. When Bill Clinton and Loretta Lynch met on the TARMAC to spike the Hillary email investigation, the FBI was so confident it wasn’t them, that their entire focus was finding the leaker, starting with searching within the local PD. We have documentation that demonstrates the state of mind of the confidence the upper levels of the FBI have when dealing with the media. https://i.imgur.com/IbjDOkI.png https://i.imgur.com/NH86ozU.png The marriage between mainstream media and government is a literal one and this arrangement is perfectly legal. https://i.imgur.com/OAd4vpf.png But, this problem extends far beyond politics; the private sector, the scientific community, even advice forums are shilled heavily. People are paid to cause anxiety, recommend people break up and otherwise sow depression and nervousness. This is due to a correlating force that employs “systems psychodynamics”, focusing on “tension centered” strategies to create “organizational paradoxes” by targeting people’s basic assumptions about the world around them to create division and provide distraction. https://i.imgur.com/6OEWYFN.png https://i.imgur.com/iG4sdD4.png https://i.imgur.com/e89Rx6B.png https://i.imgur.com/uotm9Cg.png https://i.imgur.com/74wt9tD.png In this day and age, it is even easier to manage these concepts and push a controlled narrative from a central figure than it has ever been. Allen & Co is a “boutique investment firm” that managed the merger between Disney and Fox and operates as an overseeing force for nearly all media and Internet shill armies, while having it’s fingers in sports, social media, video games, health insurance, etc. https://i.imgur.com/zlpBh3c.png https://i.imgur.com/e5ZvFFJ.png Former director of the CIA and Paul Brennan’s former superior George Tenet, holds the reigns of Allen & Co. The cast of characters involves a lot of the usual suspects. https://i.imgur.com/3OlrX7G.png
In 1973, Allen & Company bought a stake in Columbia Pictures. When the business was sold in 1982 to Coca-Cola, it netted a significant profit. Since then, Herbert Allen, Jr. has had a place on Coca-Cola's board of directors. Since its founding in 1982, the Allen & Company Sun Valley Conference has regularly drawn high-profile attendees such as Bill Gates, Warren Buffett, Rupert Murdoch, Barry Diller, Michael Eisner, Oprah Winfrey, Robert Johnson, Andy Grove, Richard Parsons, and Donald Keough. Allen & Co. was one of ten underwriters for the Google initial public offering in 2004. In 2007, Allen was sole advisor to Activision in its $18 billion merger with Vivendi Games. In 2011, the New York Mets hired Allen & Co. to sell a minority stake of the team. That deal later fell apart. In November 2013, Allen & Co. was one of seven underwriters on the initial public offering of Twitter. Allen & Co. was the adviser of Facebook in its $19 billion acquisition of WhatsApp in February 2014. In 2015, Allen & Co. was the advisor to Time Warner in its $80 billion 2015 merger with Charter Communications, AOL in its acquisition by Verizon, Centene Corporation in its $6.8 billion acquisition of Health Net, and eBay in its separation from PayPal. In 2016, Allen & Co was the lead advisor to Time Warner in its $108 billion acquisition by AT&T, LinkedIn for its merger talks with Microsoft, Walmart in its $3.3 billion purchase of Jet.com, and Verizon in its $4.8 billion acquisition of Yahoo!. In 2017, Allen & Co. was the advisor to Chewy.com in PetSmart’s $3.35 billion purchase of the online retailer.
Previous conference guests have included Bill and Melinda Gates, Warren and Susan Buffett, Tony Blair, Google founders Larry Page and Sergey Brin, Allen alumnus and former Philippine Senator Mar Roxas, Google Chairman Eric Schmidt, Quicken Loans Founder & Chairman Dan Gilbert, Yahoo! co-founder Jerry Yang, financier George Soros, Facebook founder Mark Zuckerberg, Media Mogul Rupert Murdoch, eBay CEO Meg Whitman, BET founder Robert Johnson, Time Warner Chairman Richard Parsons, Nike founder and chairman Phil Knight, Dell founder and CEO Michael Dell, NBA player LeBron James, Professor and Entrepreneur Sebastian Thrun, Governor Chris Christie, entertainer Dan Chandler, Katharine Graham of The Washington Post, Diane Sawyer, InterActiveCorp Chairman Barry Diller, Linkedin co-founder Reid Hoffman, entrepreneur Wences Casares, EXOR and FCA Chairman John Elkann, Sandro Salsano from Salsano Group, and Washington Post CEO Donald E. Graham, Ivanka Trump and Jared Kushner, and Oprah Winfrey.
https://i.imgur.com/VZ0OtFa.png George Tenet, with the reigns of Allen & Co in his hands, is able to single-handedly steer the entire Mockingbird apparatus from cable television to video games to Internet shills from a singular location determining the spectrum of allowable debate. Not only are they able to target people’s conscious psychology, they can target people’s endocrine systems with food and pornography; where people are unaware, on a conscious level, of how their moods and behavior are being manipulated. https://i.imgur.com/mA3MzTB.png
"The problem with George Tenet is that he doesn't seem to care to get his facts straight. He is not meticulous. He is willing to make up stories that suit his purposes and to suppress information that does not." "Sadly but fittingly, 'At the Center of the Storm' is likely to remind us that sometimes what lies at the center of a storm is a deafening silence."
https://i.imgur.com/YHMJnnP.png Tenet joined President-elect Bill Clinton's national security transition team in November 1992. Clinton appointed Tenet Senior Director for Intelligence Programs at the National Security Council, where he served from 1993 to 1995. Tenet was appointed Deputy Director of Central Intelligence in July 1995. Tenet held the position as the DCI from July 1997 to July 2004. Citing "personal reasons," Tenet submitted his resignation to President Bush on June 3, 2004. Tenet said his resignation "was a personal decision and had only one basis—in fact, the well-being of my wonderful family—nothing more and nothing less. In February 2008, he became a managing director at investment bank Allen & Company. https://i.imgur.com/JnGHqOS.png We have the documentation that demonstrates what these people could possibly be doing with all of these tools of manipulation at their fingertips. The term for it is “covert political action” for which all media put before your eyes is used to serve as a veneer… a reality TV show facade of a darker modus operandum. https://i.imgur.com/vZC4D29.png https://www.cia.gov/library/center-for-the-study-of-intelligence/kent-csi/vol36no3/html/v36i3a05p_0001.htm
It is now clear that we are facing an implacable enemy whose avowed objective is world domination by whatever means and at whatever costs. There are no rules in such a game. Hitherto acceptable norms of human conduct do not apply. If the US is to survive, longstanding American concepts of "fair play" must be reconsidered. We must develop effective espionage and counterespionage services and must learn to subvert, sabotage and destroy our enemies by more clever, more sophisticated means than those used against us. It may become necessary that the American people be made acquainted with, understand and support this fundamentally repugnant philosophy.
Intelligence historian Jeffrey T. Richelson says the S.A. has covered a variety of missions. The group, which recently was reorganized, has had about 200 officers, divided among several groups: the Special Operations Group; the Foreign Training Group, which trains foreign police and intelligence officers; the Propaganda and Political Action Group, which handles disinformation; the Computer Operations Group, which handles information warfare; and the Proprietary Management Staff, which manages whatever companies the CIA sets up as covers for the S.A.
…Those operations we inaugurated in the years 1955-7 are still secret, but, for present purposes, I can say all that’s worth saying about them in a few sentences – after, that is, I offer these few words of wisdom. The ‘perfect’ political action operation is, by definition, uneventful. Nothing ‘happens’ in it. It is a continuing arrangement, neither a process nor a series of actions proceeding at a starting point and ending with a conclusion.
CIA FBI NSA Personnel Active in Scientology: https://i.imgur.com/acu2Eti.png When you consider the number of forces that can be contained within a single “political action group” in the form on a “boutique investment firm,” where all sides of political arguments are predetermined by a selected group of actors who have been planted, compromised or leveraged in some way in order to control the way they spin their message. https://i.imgur.com/tU4MD4S.png The evidence of this coordinated effort is overwhelming and the “consensus” that you see on TV, in sports, in Hollywood, in the news and on the Internet is fabricated.
Under the guise of a fake account a posting is made which looks legitimate and is towards the truth is made - but the critical point is that it has a VERY WEAK PREMISE without substantive proof to back the posting. Once this is done then under alternative fake accounts a very strong position in your favour is slowly introduced over the life of the posting. It is IMPERATIVE that both sides are initially presented, so the uninformed reader cannot determine which side is the truth. As postings and replies are made the stronger 'evidence' or disinformation in your favour is slowly 'seeded in.' Thus the uninformed reader will most likely develop the same position as you, and if their position is against you their opposition to your posting will be most likely dropped. However in some cases where the forum members are highly educated and can counter your disinformation with real facts and linked postings, you can then 'abort' the consensus cracking by initiating a 'forum slide.'
When you find yourself feeling like common sense and common courtesy aren’t as common as they ought to be, it is because there is a massive psychological operation controlled from the top down to ensure that as many people as possible are caught in a “tension based” mental loop that is inflicted on them by people acting with purpose to achieve goals that are not in the interest of the general population, but a method of operating in secret and corrupt manner without consequences. Notice that Jeffrey Katzenberg, of Disney, who is intertwined with Allen & Co funds the Young Turks. He is the perfect example of the relationship between media and politics.
Katzenberg has also been involved in politics. With his active support of Hillary Clinton and Barack Obama, he was called "one of Hollywood's premier political kingmakers and one of the Democratic Party's top national fundraisers."
Last week, former DreamWorks Animation CEO Jeffrey Katzenberg’s new mobile entertainment company WndrCo was part of a $20 million funding round in TYT Network, which oversees 30 news and commentary shows covering politics, pop culture, sports and more. This includes the flagship “The Young Turks” program that streams live on YouTube every day. Other investors in the round included venture capital firms Greycroft Partners, E.ventures and 3L Capital, which led the round. This brings total funding for Young Turks to $24 million.
Hollywood activism long has been depicted as a club controlled by a handful of powerful white men: Katzenberg, Spielberg, Lear, David Geffen, Haim Saban and Bob Iger are the names most often mentioned. But a new generation of power brokers is ascendant, including J.J. Abrams and his wife, Katie McGrath, cited for their personal donations and bundling skills; Shonda Rhimes, who held a get-out-the-vote rally at USC's Galen Center on Sept. 28 that drew 10,000 people; CAA's Darnell Strom, who has hosted events for Nevada congresswoman Jacky Rosen and Arizona congresswoman Kyrsten Sinema; and former Spotify executive Troy Carter, who held three fundraisers for Maryland gubernatorial candidate Ben Jealous (Carter also was a fundraiser for President Obama).
Viacom, after splitting off from Les Moonves Les Moonves ' CBS , still holds Paramount Pictures, and that movie studio in December agreed to acquire DreamWorks SKG, the creative shop founded by the Hollywood triumvirate of Steven Spielberg, David Geffen and Jeffrey Katzenberg (a former exec at The Walt Disney Co.). DreamWorks Animation had been spun off into a separate company. Now it's time for Freston to make back some money--and who better to do a little business with than George Soros? The billionaire financier leads a consortium of Soros Strategic Partners LP and Dune Entertainment II LLC, which together are buying the DreamWorks library--a collection of 59 flicks, including Saving Private Ryan, Gladiator, and American Beauty.
Deathstroke The Terminator aka Slade Wilson is a DC Comics comic book character that has been around since 1980. This respect thread which may be updated in the future, will be about the "DC Rebirth" version of Deathstroke, which has been the main version/Earth 0 version of the character since he was more or less rebooted back in 2016. The main writer of this Deathstroke is Christopher Priest which is why this Deathstroke may be known as "Prieststroke". Christopher Priest is virtually the Word of God when it comes to this Deathstroke, and he has a site specifically dedicated to this Deathstroke: http://lamerciepark.com/comics/deathstroke/ Most quotations will be from that site, and I recommend reading it for the best intro into the series and an understanding of this Deathstroke. Also for an idea of how this Deathstroke is meant to look, This is Deathstroke's Rebirth Design version 1.1. Now, Who is DC Rebirth's Deathstroke?:
He is not a mercenary, profesional soldier, military subcontractor or any other clever euphemism used to round the edges off of his description. Deathstroke kills people for money. Lots of money. He spends a great deal of that money on a virtual army of lawyers who expertly prevent police and/or covert entities from ever positively proving Lt. Colonel Slade Wilson (Ret.) and Deathstroke are, in fact, one and the same.
Deathstroke is approximately 55 years of age but appears to be 20 years younger due to the tissue regeneration caused by his rapid healing power. He is 6'4", taller than Superman or Batman, (and very intimidating). Slade is an extremely cool customer, much like the first act or so of the Michael Mann-Tom Cruise film Collateral. He occasionally wears sunglasses so the eye patch (a stick-on white patch) isn’t necessarily seen. It is very difficult to get Deathstroke to lose his temper.
Deathstroke is an emotional cripple along the lines of Hugh Laurie's House M.D., a guy who desperately loves and desires to be close to his children, but is too emotionally damaged to ever achieve that. He was a terrible father and is now haunted by a lot of poor choices made with his wife Adeline and his boys, especially.
The only people he actually talks to are his longtime partner Major William Randolph Wintergreen, British SAS (Ret.), his kids and his ex-wife. Wintergreen, approximately 65, is a reluctant partner who has ethical conflicts about DS's line of work. Other than that, Deathstroke is (in my version) much more laconic than as he's traditionally been portrayed. He trusts no one, thinks most everyone is an idiot, speaks only when absolutely necessary.
Deathstroke works for himself, is suspicious of all governments (especially ours). You hire him by posting an offer on the Dark Web along with a six-figure deposit in untraceable Bitcoin.
Deathstroke's basic powers are:
Enhanced Strength: Roughly that of Captain America. YMMV. Enhanced Reflexes: Roughly that of Captain America. YMMV.
Note* Christopher Priest has written Captain America before (The Captain America and Falcon series if i recall), so what his Captain America did may be usable for his Deathstroke. Also YMMV is "Your Milleage May Vary", which means basically it may be different in your view. Deathstroke also has
Enhanced Intellect: Post-Rebirth, we're redefining this a little. We no longer say Deathstroke uses "90% of his brain capacity." If Deathstroke used 90% of his brain capacity, he'd be Charles Xavier. Now we just say he's really, really smart. Deathstroke is probably the smartest guy in the DC Universe. He is easily the equal of Batman in terms of strategic planning. Deathstroke's intellect is deadlier than his sword. He typically out-thinks and out-strategizes everybody in the book. He is a keen observer and expert detective. He usually has several balls in the air at one time.
Rapid Healing: Post-Rebirth, we're redefining this a little. Deathstroke's rapid healing clots blood in seconds and seals wounds in minutes. The time it takes for full healing depends upon the wound: a bee sting, maybe a couple seconds. A gunshot wound: a few hours. It depends on the complexity of the knitting process, how much tissue needs to be regenerated and other factors. It is not an instant process. Deathstroke's rapid healing cannot regenerate organs. It can heal organs, but, for example, it won't regenerate a liver if a bad guy rips his out. Therefore, his rapid healing power did not simply create a new eye (or, in the case of Marvel's over-the-top Deathstroke parody Deadpool, grow a new hand). Deathstroke experiences pain like anyone else. Just because he has rapid healing doesn't mean he'd just sit around and let people gut him with swords. This is why he wears a protective uniform.. Deathstroke experiences trauma like anyone else and is capable of going into traumatic shock from injury. If he does not allow his rapid healing process to properly close a wound, Deathstroke can bleed out and die just like anyone else.
Deathstroke's intellect in Rebirth: "Deathstroke is probably the smartest guy in DC." "Easily the equal of Batman in terms of strategic planning", and He is also an "Expert Detective". "Outsmarting Deathstroke is likely not possible." And "He is at least as resourceful and intelligent and well prepared as Batman."
The 2016 Deathstroke comic book series has concluded and Christopher Priest has finished his Deathstroke series, so, this is likely the end of this respect thread for the foreseeable future. Nevertheless, The Legend Continues..
There was a discussion about price of BAT in the Telegram channel today and below is what I posted. It's worth checking out the thread on Telegram as Luke Mulks from BAT chimed in with some great info about future developments and how they will grow BAT usage beyond just ads in Brave.
Just remember that BAT doesn't really have a fixed asset behind it. Sure it's a proxy for "attention" and as Brave usage grows we should see more demand for BAT being purchased by advertisers (vs. being given away by the company behind it). However ultimately those tokens go to user and publishers who will either spend them again or cash out to fiat. All other things being equal the more BAT is used vs. just sitting in wallets then the lower its price will go - this is a money velocity thing. If we didn't have trillions of gold and diamonds sitting in vaults unused the price would plummet, ditto for Bitcoin. However that a long term problem when the number of users is relatively constant and not growing (exponentially) since obviously the need to keep some BAT in each wallet for utility - buying content, tipping gratis - means there is more demand and more hoarding in total. As of January we only have 6 [edit - 5.8] million monthly average users of Brave. If they all had $10 of BAT in their wallet or about 30 BAT in today's prices that's only a need for 180M BAT. But if we had 100M MAU that would be 3 billion BAT. Since there is only 1.5B BAT total minted the price would have to at least double for that to happen so that people can only hold 15BAT and still have $10 worth. The reality is it would probably go up a lot more - there will be advertisers also holding significant chunks to make payments and publishers sitting on their revenue not necessarily cashing out every single BAT as it arrives. A small one might, but there are many YouTube publishers for instance making hundreds and thousands of dollars per day. Naturally the number of publishers and advertisers will be much fewer than Brave users, but their holdings significantly more. And so long as there is a perception of BAT value increasing over time there will be more HODLing of BAT - we saw this in the Steemit community. For comparison according to their user data, Firefox has ~270M monthly average users (840M yearly average) and ~5 hours of usage or attention per user per day. So if Brave could become as popular as Firefox, which is now 4-5% of total browser usage, then we could see a MUCH greater demand for BAT. 270M would be 45x the current demand which would dictate a price of $2 per BAT based on user wallets alone. At that scale my guess is you'd see almost as much demand from publisher and advertiser wallets which would further push prices toward $5 per BAT. How quickly could that happen? Well remember that Chrome went from barely 1% to 6%of the browser user share in just a year. Sure it had the behemoth Google behind it but never underestimate how users might drive BAT adoption based on their desire for privacy and a bit of spending money for content once publishers catch a clue and give Brave users a way to bypass $ paywalls using BAT. Plus Brave has the HUGE advantage over other new browsers that previously came out in that it leverages Chromium so all those plugins work pretty much out of the box and interface is pretty familiar and the tech trusted and reliable. Brave team can mostly focus on the important stuff and leverage open source backed by Google and now Microsoft. Oh and of course since there is a free market for BAT and a perception prices will rise long term we will certainly also see demand far beyond just consumers - investors will buy it, and advertisers will buy reserves to hedge against fluctuations in value. If you are spending $1M a year on advertising and BAT price is going up x % per month as user numbers increase then why wouldn't you just grab a significant amount of BAT up front to save $? And a $1M ad spend is peanuts for many large companies so one could easily imagine thousands of enterprises sitting on big BAT reserves like that. Sure that's probably a long way off IMO - like 2+ years at least and contingent on consistent and solid Brave user growth - but I wouldn't discount HODLing for investment and BAT price hedging to add another 2x to demand and hence price. So $10 BAT in two years time isn't out of the question in my mind assuming Firefox like user numbers in that time frame. Suffice to say I can't wait to see more info on Brave MAU figures and get an idea of how they are growing and what the forecast is for 6 months, 1 year, 2 years out. It would be really nice to see it at tens of millions by the end of the year but I think that will be contingent on the success of Brave ads which will suck in lots of curious consumers who hear they can get paid for browsing the web. Thus far I haven't found the ad delivery too compelling though and I don't just mean the limited ad inventory. However my guess is at the moment they are focusing on nailing the technology of the delivery mechanism in the browser, fraud detection (super important!), quality of ad-matching via AI driven algorithms, etc. vs the user experience. Firefox numbers from here: https://data.firefox.com/dashboard/user-activity PS. I would add that as primitive as the ad-delivery user experience is at the moment I have found myself clicking on the ads [many are extremely relevant to my interests]. Most Chrome users are used to getting and looking at browser notifications so I do look - Brave is riding on those coat tails. And it sure is less intrusive than banner ads and embedded stuff on a page so maybe users will like it. Of course I don't work for Brave so I've no idea what their product plan looks like.
Bitcoin is a revolutionary technology that is already changing the world — but it is not perfect. Most notable are its ease-of-use issues that may make mainstream adoption difficult, if not impossible. Listed below are some of the existing faults with Bitcoin and its practical usage.
Bitcoin is hard to understand Bitcoin’s purely digital existence, newness, and technical complexity are large hurdles for most people. A lot of people (especially older generations) struggle with the fact that you can’t hold a Bitcoin in your hands. Or that it doesn’t come from a bank, company, or government. Engaging in Bitcoin requires a computer or device. And giving an in depth explanation of how Bitcoin works to a non-technical listener can leave them with a glossy eyed stare. These barriers to entry contribute to ignorance, misinformation, and distrust for those new to Bitcoin. The technical complexities of Bitcoin may not be simplified anytime soon, but there is a large community effort working to dispel myths and provide Bitcoin education . Third party services and businesses have sprung up to facilitate Bitcoin usage, such as online wallet services like Coinbase and blockchain.info.
Bitcoin requires users to be well versed in computer security Typically, a single file on Bitcoin user’s computer is the ultimate key to accessing that user’s bitcoins. If this wallet file is lost or stolen, all of the person’s bitcoins are most likely gone forever. Encrypted wallets? Cold storage? BIP0038? Bitcoin security terminology reads like another language to the layman. Learning the best practices for protecting one’s bitcoins can be overwhelming. Many online wallet services and businesses have been founded to offload the security requirements from the user. People can deposit their bitcoins with a service to avoid having to secure and backup their own Bitcoin wallets. Yet using these services still requires a basic understanding of computer security, like using strong passwords and two-factor authentication to prevent unauthorized account access. Additionally, these private sector services are constantly targeted by attackers, and some have been successfully hacked and had user deposited bitcoins stolen. The primary issue with these services is trust: if depositing bitcoins with someone else, you must trust them to securely hold your funds (much like a bank). Unfortunately, there have already been many instances of Bitcoin service operators running off with depositors’ bitcoins.
Bitcoin is slow and impractical for retail transactions After a new transaction is broadcast to the Bitcoin network, it is usually visible to the recipient within a few seconds. But in some cases, it can take a number of minutes for the transaction to travel across the network and reach the recipient’s connection, causing an inconvenient wait for both the buyer and seller. Additionally, unless the buyer agrees to wait around for about an hour for the transaction to be sufficiently confirmed, the sale of physical and digital items are susceptible to double-spend attacks. An evil purchaser could transmit two conflicting transactions using the same bitcoins at the same time: one to pay the seller, and a second transaction to pay themselves. The seller might see the first transaction initially, and consider the order paid without waiting for transaction to confirm, and allow the buyer to walk out the door with the item. Then the second transaction becomes permanently confirmed in the blockchain after the fact, invalidating the first transaction! In this case, the seller is basically the victim of a theft. The current solution for this scenario is for merchants to use a 3rd party Bitcoin payment service provider like bitpay.com to handle transaction processing. Bitpay absorbs all double spend risk for the merchant and claims to have “experienced zero cases of payment fraud”. While it’s not entirely clear how Bitpay mitigates double spend attacks, it’s estimated that Bitcoin payment services such as these are well connected to the Bitcoin network via a large number of Bitcoin nodes throughout the world, which assist in detecting double spend attacks.
With working 0-conf, (relatively) unlimited space in block and 5% of free transactions in each block, VISA-like ATM & shopping experience is possible with Bitcoin(Cash).
Why is nobody talking about Bitcoin(Cash) actually allowing VISA/Mastercard-like experience everywhere ? Working 0-conf, 5% free transactions in each block and quickly clearing mempool will allow for payment & ATM operators to have certainty that the transaction will go through - if no double-spend attempt is detected, which takes seconds - which allows Bitcoin(Cash) to become a complete replacement for Paypal, VISA, Mastercard and cash. And this is possible RIGHT NOW. The technology is here as of TODAY. I mean - if this isn't huge then what is ? EDIT: I am assuming that payment operators have double-spend attempt detection using checking for duplicate transactions by asking well-connected nodes for few seconds. Once the transaction is widely distributed and "first seen transaction has the priority" rule is used by most clients, then getting a duplicate transaction into a block will be very improbable / very expensive, unless you command HUGE mining power (at least 10-20%). So while 0-conf is not completely safe, it is reasonably safe for transactions with low amounts of BTC (like under $1000USD equivalent).
There never was a "scaling problem." The only problem is "people that don't want Bitcoin to scale."
This is a necessarily long post that seeks to undo a major misunderstanding and help people to understand what happened to Bitcoin and why we have Bitcoin Cash. I frequently get asked, "how will Bitcoin Cash solve Bitcoin's fundamental scaling problem?" The idea that Bitcoin has some fundamental scaling problem is a misunderstanding as old as Bitcoin itself. Check out this email exchange in 2008 between Satoshi and Mike Hearn > James Donald. Mike James has already spotted the "scaling problem" and points it out to Satoshi:
To detect and reject a double spending event in a timely manner, one must have most past transactions of the coins in the transaction, which, naively implemented, requires each peer to have most past transactions, or most past transactions that occurred recently. If hundreds of millions of people are doing transactions, that is a lot of bandwidth
There it is. "Naively implemented" Bitcoin would require everyone to keep a record of all transactions - ie "everyone must run a full node." Satoshi corrects him:
Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day.
Aha! There is no real need for individuals to keep a copy of all transactions. Which makes sense - who wants to keep a copy of everyone else's transactions just to buy a coffee? But who can be trusted to keep our transactions? Satoshi answers on the next line:
Only people trying to create new coins would need to run network nodes.
There it is folks. Miners - y'know, the ones currently getting paid $150K every ten minutes - have both the incentives and the means to maintain the blockchain, without which the goose that lays their digital-gold eggs will die. Businesses also need to maintain copies of the blockchain for audit and systems integration purposes among others. So what's the scaling "problem?" Once we take end-users mostly out of the equation, it's clear that the technology is easily capable of scaling this design up to extremely high throughput. Understanding this was key to my getting involved in Bitcoin in the first place! With modest hardware current versions of Bitcoin Cash are already capable of "Paypal levels" of scaling, already 20-30X more than Bitcoin Segwit, and by next year I think we'll see another 10X on top of that. That vastly exceeds even our rosiest 2-3 year capacity requirements. There isn't a "scaling problem." It just doesn't exist. The "scaling problem" is really an "adoption opportunity" since there's abundant cheap capacity just lying around asking for businesses to build stuff on it. No. There's no scaling problem at all. The only problem that exists is "people that don't want Bitcoin to scale." There are several classes of these people.
is a group who believes that larger blocks will cause fatal mining centralization. The problem with this belief is that the cost to store and transmit blockchain data is a tiny fraction of the cost to mine. Most of the costs to mining are electricity consumption, plant, property, mining equipment, and personnel. Storage for a year's worth of totally-full 32MB "paypal level" blocks is roughly $100 in today's prices and coming down all the time. But the cost to actually reliably mine a Bitcoin block is (edit: tens-to-) hundreds of thousands of dollars per day. Storage and data transmission don't even enter into the equation. Others point to the orphaning problem inherent in relaying large blocks but this is essentially erased by xthin blocks and miners being on an ultrafast network. In short the idea that bigger blocks will cause mining centralization is total speculation and could in fact be dead wrong.
another group believes that larger blocks will centralize "nonmining full nodes." First off, as long as mining is reasonably decentralized, it is unclear that there is any network requirement for there to be "non mining full nodes" - people would only run these when they had some need for all the world's transaction data. Past that, it is true that the costs to transmit and store the blockchain go up as blocks get larger, all other things held equal. However, the costs remain minimal to a business - $100 to store a year's worth of always-full 32MB blocks is simply not a barrier to entry for any business. And as Satoshi pointed out, individuals really have no need to keep a copy of all the world's transactions just to use the system. Without going into great detail it's my opinion that many people who worry about "full node centralization" are simply victims of censorship and community manipulation. Here's a great article on how "full nodes" that don't mine are a tiny piece of the decentralization puzzle.
a third group of people who don't want Bitcoin to scale are essentially here to harm Bitcoin or move its value elsewhere. If Bitcoin can't work as intended as P2P cash, then that's terrific news for legacy banking. It's also great news for Ethereum, Monero, Dash, and everyone else who has a coin that does work as P2P cash - all forms of "off chain scaling" (the demand moves off the Bitcoin chain). Lightning Network is also a form of "off chain scaling" that ultimately could harm onchain security by moving transaction value off of the blockchain. In short, anything that aims to "scale" by moving value off the blockchain onto another chain or layer benefits from ensuring that onchain Bitcoin cannot scale.
A word needs to be added about so-called "offchain" or "L2" scaling. "Offchain scaling" is like "scaling" an underground metro by never adding new lines, trains, or cars so that when demand increases, people walk or ride in surface taxis instead (edit: then going into the cab business!). The only way to scale the subway is to put more people on more subway trains. So to repeat, it is clear to many people that there exists no "scaling problem." The only problem that exists are people who don't want to add more capacity.
I've been following this space for over a year and I've done a lot of research into the original design and also the three main implementations of BTC, BCH and BSV recently. My interest isn't which camp is right or wrong, but rather what bitcoin represent and the potentials for the next 30 years to come is rather fascinating. First, I like to cover how real world works and how Bitcoin actually works very similarly. At the end, I like to touch on mining revenue and sustainable mining. In the world we live in today, when you go to a restaurant, a store or any other place to buy any goods or services, merchants will check if your credit card or bank card have enough available credit or balance left, and then the merchants will accept your payment. Merchants do this obviously for their own best interest. In the Bitcoin world, merchants can operate the same way. With zero conf transactions, merchants can connect to a mining node or even run a specialized node just so they could check the mem pool to make sure you aren't spending more than you got. If you attempt to double spend, and the merchant detects that, they denied your transaction and you look awkward in public much like when your credit card or bank card gets denied. Next, we'll look at real world settlements. Visa, Master card, and Discover process millions of transactions during the day when business are open, but settlement don't happen until night time where the money actually moves and parties involved are actually paid or settled on all the transactions. In Bitcion world, zero confirmation transactions are like the daily Visa, Master, and Discover transactions, instead settlement happens on Bitcoin blockchain once every 10 minutes where miners produce the blocks and record the blocks filled with transaction histories into the Bitcoin ledger. So in a way, the Bitcoin network operates very similarly compared to real world. The benefits obviously are immense just on efficiency and cost alone without going into immutable ledger, transparency, auditing and such. This is how Bitcoin was intended to operate as a replacement for current real world processes we use for payments of all sort. I hope to see all three camps work toward making the Bitcoin system widely adopted for all kinds of transactions globally. Lastly, what about mining? Without miners there is no Bitcoin network. Therefore, mining economics is out most important that we have a sustainable system. A lot of people sees Bitcion block reward as the main income for miners. You validate a block and you get paid 12.5 bitcoins as reward currently, and that it would halve every few years. But, a lot of people don't seems to understand that block reward serves the purpose of distributing the 21 million coins over time and that it provides early stage incentive for miners. By design of a diminish system, mining revenue based on block reward alone is not sustainable. It's not rocket science to see that a diminishing system doesn't help with mining revenue over time. Therefore, we need blocks big. Big enough to fit million transactions, so that miners revenues transition to fees over time. Simple math, 1 million transactions per block at merely 0.01$ per transaction equates to 10K$ per block paid to miners by users. Bitcoin needs massive adoption and it needs massive on chain scaling for a real sustainable future. It would be a shame to see it fails. Bitcoin is the foundation to the next evolution of an efficient global economy. I hope everyone can see reasoning and how important Bitcoin is to the world. Let us not lose sight in the various beliefs that Bitcoin was supposed to kill the banks, or that you can have a dark coin no body knows who paid what to whom and where, or that being more centralized is bad and unexceptionable, or some kind of revolution against the states. Technology is meant to improve our lives, one does not create to kill or destroy others.
Why NYA is an attack on Bitcoin and why it will fail (long)
I wrote a rather lengthy response to a reddit post that I think is worth sharing, especially for newcomers to dispell some false narratives about S2X and Barry Silberts' New-York Agreement aka hostile takeover attempt of Bitcoin that is doomed to fail.
big block hard-liners wanted block size only, no SegWit.
Which doesn't make any logical sense. A lot of fud was actively being spread about how segwit was unsafe (such as the ANYONECANSPEND fud) but segwit is ofcourse working as intended thanks to the world class engineering of the Bitcoin Core developers. This led to the suspicion that BitMain was behind the opposition of segwit. BitMain miners use "covert AsicBoost" which is a technique that allows their rigs to use less electricity than competing mining equipment. However, segwit introduced changes to Bitcoin that made using covert AsicBoost impossible, which would explain their fierce opposition to segwit. We're talking big money here - the AsicBoost advantage is worth US$ 100 million according to estimates of experts. After segwit was finalized, the Bitcoin software was programmed to activate segwit but not before 95% of the hashpower signalled to be ready. After all, miners are tasked with creating valid blocks and should be given the opportunity to update their software for protocol changes such as segwit. As a courtesy to the miners, the Bitcoin software basically said: "ok, segwit is here, but I'll politely hold off its activation until 95% of you say that you're ready to deal with this protocol change". Sadly, mining is heavily centralized, and segwit was never getting activated due to the opposition of a few or perhaps even a single person: Jihan Wu of BitMain. As an aside, the centralization of hash power is also a direct result of AsicBoost. How this works: since AsicBoosted rigs are able to mine more efficiently than their competitors, these rigs drive up the difficulty and with that the average amount of hashes required to find a block. This in turn causes less efficient rigs to mine at a loss because they need to expend more energy to find a block. As a result, BitMain competitors got pushed out and BitMain became the dominant self-mining ASIC manufacturer. After segwit was finalized, it required 95% of the hashpower to activate but it never gained more than around 30%. So 70% of hash power abused the courtesy of the Bitcoin software to wait until they were ready for activation and refused to give the go ahead. This went on for months and worst case it would have taken until August 2018 before segwit would activate.
let's do a compromise- we do SegWit AND we hard fork
In March 2017 a pseudonymous user called Shaolin Fry created BIP148 which is a softfork that invalidates any block that wouldn't signal segwit readiness starting August 1st 2017. This also became known as the UASF (User-Activated Soft Fork, as opposed to the original miner-activated soft fork that didn't work as intended). This patch saw significant adoption and miners would soon be forced to signal segwit or else see their blocks being invalidated by the network, which would cause them significant financial losses. In May 2017 so after BIP148, the backroom New-York Agreement (NYA) was created by the Digital Currency Group of Barry Silbert together with businesses in the Bitcoin space such as BitPay and almost all miners. The NYA was the beginning of an outright misinformation campaign. The NYA was trumpeted to be a "compromise". Miners would finally agree to activate segwit. In return, Bitcoin would hardfork and double its capacity on top of the doubling already achieved by segwit. In reality, BIP148 was already going to force miners to signal the activation of segwit. Also, developers and most users were notably absent in this NYA. So, given that segwit was already unstoppable because of BIP148, the parties around the table had to "compromise" to do something that they all wanted: hardfork Bitcoin to increase its capacity. Or, is it all in fact really about increasing capacity? After all, segwit already achieved this. Bcash was created which doubled block size as well but without segwit. And then there is good old Litecoin having four times the transaction capacity of Bitcoin and segwit. Plenty of working alternatives that obsolete the need for yet another altcoin. So, perhaps transaction capacity is used as an excuse to reach a different goal. Let's explore. Apparently after not-so-careful study of the Bitcoin whitepaper, the NYA participants came up with an absurd redefinition of what is "Bitcoin". According to this bizarre definition, they started to claim that Bitcoin is being defined as:
Any blockchain that has the most cumulative hashpower behind it (measured from the Genesis block at the inception of Bitcoin):
Using the SHA256 hashing algorithm;
Having the current difficulty adjustment algorithm (resetting difficulty every 2016 blocks).
Ad 1. Note that it starts with "any blockchain". This also includes blockchains that contain invalid blocks, in other words, blocks that Bitcoin nodes would reject. This is ofcourse bizarre but it is exactly what the NYA participants claim. It effectively puts all power in the hand of miners. Instead of nodes validating blocks, according to this novel and absurd interpretation of Bitcoin it will be miners that call the shots. Whatever block a miner produces will be valid as long as they mine on top of their own block, because that chain will then have the most cumulative hash power. Nodes become mere distributors of blocks and lose all their authority as they can no longer decide over the validity of a block. MinerCoin is born. The Bitcoin whitepaper actually mentions this scenario where a majority of the hashpower takes over the network and starts producing invalid blocks and refers to it as being an attack. It is worth quoting this section 8, second paragraph in its entirety: "As such, the verification is reliable as long as honest nodes control the network, but is more vulnerable if the network is overpowered by an attacker. While network nodes can verify transactions for themselves, the simplified method can be fooled by an attacker's fabricated transactions for as long as the attacker can continue to overpower the network. One strategy to protect against this would be to accept alerts from network nodes when they detect an invalid block, prompting the user's software to download the full block and alerted transactions to confirm the inconsistency. Businesses that receive frequent payments will probably still want to run their own nodes for more independent security and quicker verification." (emphasises mine). Any doubt left whether "most hashpower wins" is an attack should be removed by a telling remark in the release notes of 0.3.19: "Safe mode can still be triggered by seeing a longer (greater total PoW) invalid block chain." As mentioned, miners representing 95% of all hash power participate in the NYA. They are currently expressing their support for the NYA by putting "NYA" inside blocks. The NYA participants intend to remove their hash power from Bitcoin completely and point it towards their altcoin. To double down on their claim that Bitcoin is defined by hashpower, they show some serious audacity by referring to their altcoin as... "Bitcoin". Anyone not part of the NYA refers to their coin as segwit2x, S2X or sometimes 2x. The NYA participants proceed to proclaim victory. They reason that with all hash power on their blockchain and hardly any left for Bitcoin, "legacy Bitcoin" will be stuck as blocks will be created so slowly that Bitcoin becomes unusable, forcing everyone to switch to the "real" Bitcoin (sic). In other words, it was part of the plan was to remove hash power from Bitcoin to disrupt and force users into their altcoin. Ofcourse, Bitcoin Core would not just sit idle and let such an attack happen. There are several ways to defend against this attack. As a last resort, an emergency difficulty reset combined with a change in the PoW algorithm can be deployed to get Bitcoin going again. This is not likely to be necessary however as miners simply can't afford to mine a coin that has a small fraction of the value of Bitcoin. They have large bills to pay which is impossible by mining a coin that has half or even less the value of Bitcoin. In other words, miners would bankrupt themselves unless their altcoin attains the same value as Bitcoin. Given the lack of user, community and developer support it is save to say that this is not going to happen. Their coin will have only a small fraction of the value of Bitcoin and miners have no choice but to continue mine Bitcoin in order to receive the income necessary to pay for their huge operational expenses. A moment was set for the hardfork: block 494,784 a big block will be produced such that it is invalid for the current Bitcoin network and will discard it. Ofcourse, some nodes must accept the new, bigger S2X blocks. Therefore, Jeff Garzik (co-founder of a company called Bloq) started out to create btc1 which is a fork of the Bitcoin node software and which is adapted such that it accepts blocks up to twice in size, so that the segwit2x altcoin can exist. Note the 1 in btc1 which refers to their version numbering. Bitcoin Core releases are still 0.x but btc1 is numbered 1.x. This is to send the message that they have released the real Bitcoin that is now no longer a beta 0.x release but a production ready 1.x. This nonwithstanding the fact that btc1 is a copy of Bitcoin 0.14 with some minor changes and without any significant development causing it to quickly fall behind Bitcoin. The NYA participants go on to claim that when hash power is on the btc1 blockchain, and Bitcoin is dead as a result because no or hardly any new blocks are being created, then the Bitcoin Core developers have no choice but to start contributing to their btc1 github controlled by Jeff Garzik. In the NYA end state, Bitcoin is a coin of which miners set the consensus rules, and the Core developers sheepishly contribute to software in a repository controlled by Jeff Garzik or whoever pays him. Needless to say, this is never ever going to happen.
The small block hard-liners are now against 2x and want SegWit only.
There is no such thing as small block hardliners. As is probably clear by now, NYA is not about block size. It is about control over Bitcoin. As a matter of fact, Bitcoin Core has never closed the door on a block size increase. In the scaling roadmap published in December 2015, Bitcoin Core notes: "Finally--at some point the capacity increases from the above may not be enough. Delivery on relay improvements, segwit fraud proofs, dynamic block size controls, and other advances in technology will reduce the risk and therefore controversy around moderate block size increase proposals (such as 2/4/8 rescaled to respect segwit's increase). Bitcoin will be able to move forward with these increases when improvements and understanding render their risks widely acceptable relative to the risks of not deploying them. In Bitcoin Core we should keep patches ready to implement them as the need and the will arises, to keep the basic software engineering from being the limiting factor." Bitcoin Core literally says here very clearly that further increases of block size are on the table as an option in the future.
For my personal opinion-
I hope that your personal opinion has changed after taking notes of the above.
Peter Todd's RBF (Replace-By-Fee) goes against one of the foundational principles of Bitcoin: IRREVOCABLE CASH TRANSACTIONS. RBF is the most radical, controversial change ever proposed to Bitcoin - and it is being forced on the community with no consensus, no debate and no testing. Why?
Many people are starting to raise serious questions and issues regarding Peter Todd's "Opt-In Full RBF", as summarized below: (1) RBF violates one of the fundamental principles of the Bitcoin protocol: irrevocable cash transactions.
Interesting point! Th[is] really is [a] drastically different vision of what Bitcoin according to the core dev team... It would be nice [if] they [wrote their] own "white paper" so we know where they are going...
"From a usability / communications perspective, RBF is all wrong. When the main function of your technology is to PREVENT DOUBLE SPENDING, you don't add an "opt-in" feature which ENCOURAGES DOUBLE SPENDING."
Intentionally doing zero-conf for any reason other than expediting a payment to the same recipients is nothing more than attempted fraud. There needs to be a good reason for enabling this, and last time I looked the case has not been made. People with a black and white view of the world who believe "0 conf bad, 1 conf good" simply do not understand how bitcoin works. By its random nature, bitcoin never makes final commitment to a transaction. Even with six confirmations there is still a chance the transaction will be reversed. In other words, bitcoin finality is not black and white. Instead, there is a probability distribution of confidence that a transaction will not be reversed. Software changes that make it easier to defraud people who have been reasonably accepting 0 conf transactions are of highly questionable value, as they reduce the performance (by increasing delay for a given confidence). If transactions with appropriate fees start failing to ever confirm because of "block size" issues, then bitcoin is simply broken and, if it can not be fixed bitcoin will end up as dead as a doornail.
Transactions spending the same utxo were (until now) not relayed (except by XT nodes). So it wasn't as simple as just sending a double spend, because the transaction wouldn't propagate. FSS-RBF seemed like a good option to get your tx unstuck if you paid too little. Pure RBF I'm not sure what the point of it is. What problem is it solving?
When F2Pool implemented RBF at the behest of Peter Todd they were forced to retract the changes within 24 hours due to the outrage in the community over the proposed changes. So the opposite is actually true. The community actively do not want this change. Has there been any discussion whatsoever about this major change to the protocol?
My business accepts bitcoin and helps people with minor cash transfers and purchases. Fraud has NEVER been an issue as long as the transactions have been broadcast on the blockchain with appropriate fees. We usually send people their cash as soon as the transaction is broadcast. Now we have to wait 10 minutes to avoid getting cheated out of hundreds of dollars, vastly increasing the service cost of accepting bitcoin. And we have to tell customers we promote bitcoin to that they are likely to be cheated if they don't wait 10 minutes while buying their bitcoin. It is such a spectacularly stupid thing to do, adding uncertainty and greater potential for fraud at every link of the transaction chain. Thanks a lot, Peter.
Jeez, we need to give this "zero-conf was never safe" meme a rest already. Cash was also "never safe", but it's widely used because it works reasonably well in the context it's used. These people would probably advocate for a cashless society as well.
I believe it'll be possible for a payment processing company to provide as a service the rapid distribution of transactions with good-enough checking in something like 10 seconds or less. The network nodes only accept the first version of a transaction they receive to incorporate into the block they're trying to generate. When you broadcast a transaction, if someone else broadcasts a double-spend at the same time, it's a race to propagate to the most nodes first. If one has a slight head start, it'll geometrically spread through the network faster and get most of the nodes. A rough back-of-the-envelope example: 1 0 4 1 16 4 64 16 80% 20% So if a double-spend has to wait even a second, it has a huge disadvantage. The payment processor has connections with many nodes. When it gets a transaction, it blasts it out, and at the same time monitors the network for double-spends. If it receives a double-spend on any of its many listening nodes, then it alerts that the transaction is bad. A double-spent transaction wouldn't get very far without one of the listeners hearing it. The double-spender would have to wait until the listening phase is over, but by then, the payment processor's broadcast has reached most nodes, or is so far ahead in propagating that the double-spender has no hope of grabbing a significant percentage of the remaining nodes.
Zero conf was always dangerous, true, but the attacker is rolling a dice with a double spend. And it is detectable because you have to put your double spend transaction on the network within the transaction propagation time (which is measured in seconds). That means in the shop, while the attacker is buying the newspaper, the merchant can get an alert from their payment processor saying "this transaction has a double spend attempt". Wrestling them to the ground is an option. Stealing has to be done in person... No different then from just shop lifting. The attacker takes their chance that the stealing transaction won't be the one that is mined. With rbf, the attacker has up to the next block time to decide to release their double spend transaction. That means the attacker can be out of the shop and ten minutes away by car before the merchant gets the double spend warning from their payment processor. Stealing is not in person and success is guaranteed by the network. Conclusion: every merchant and every payment processor will simply refuse to accept any rbf opt in transaction. That opt in might as well be a flag that says "enable stealing from you with this transaction"... Erm no thanks. There might be a small window while wallet software is updated, but after that this " feature " will go dark. Nobody is going to accept a cheque signed "mickey mouse", and nobody is going to accept a transaction marked rbf. Strangely, that means all this fuss about it getting merged is moot. It will inevitably not be used.
This opens up a new kind of vandalism that will ensure that no wallets use this feature. The way it works is that if you make a transaction, and then double spend the transaction with a higher fee, the one with the higher fee will take priority.
RBF as released is a really, really stupid policy change that will open up Bitcoin to blackmail and wholesale theft of transactions. Bitcoin XT can easily be better than the confused, agenda-ridden rubbish being released by Blockstream and their fellow-travellers.
"opt-in" is a bit of a red-herring. As I understand: say I'm a vendor who doesn't want to accept RBF transactions. So I don't opt-in. I'm still stuck accepting RBF transactions because the sender, not the receiver, has the control.
Yes it is opt-in, which means I have to anticipate ... congestion beforehand to use it. This has caused me troubles recently. Normally I use low-fee mode to transact and switch mode when the network is congested. A few times either I did not know about the congestion or forgot to switch mode and my txn got stuck for 12-48h. So for me this opt-in does nothing of help. If I was conscious about the congestion I would have switch to high-fee mode, no RBF needed. ...Or I have to enabled RBF for all my txns. Then there's problem of receivers have to all upgrade their wallet after the wallet devs choose to implement it. And just to add one more major complication when consider 0-conf.
It seems to me like RBF is addressing a problem (delays due to too-low fees) which would not exist if we had larger blocks. It seems fishy to make this and lightning networks to solve the problem when there's a much simpler solution in plain view. We should set the bar for deceit and mischief unusually high on this one bc there is so much at stake, an entire banking empire.
PT [Peter Todd] is part of a group of devs who propose to create artificial scarcity in order to drive up transaction fees. IOW [In other words], he's a glorified central planner. A free market moves around such engineered scarcity. See also: the music business. tl;dr stop running core.
This maybe a needed feature if Bitcoin get stuck with 1MB.. You might need to jack-up the fee several time to get your fees in a blocks in the future.. It seems that 1MB crrippecoin is really part of their vision.
RBF makes sense in a world where blocks are small and always full. It creates a volatile transaction pricing market where bidders try to outbid each other for the limited space in the current block of txns. It serves the dual goals of limiting transactions and maximizing miner revenue resulting from the artificial scarcity being imposed by the block size limit. The unfortunate side effect is that day to day P2P transactions on the Bitcoin network will become relatively expensive and will be forced onto another layer, or coin.
To say it a bit harsher but IMO warranted: P. Todd seems to be busy inventing useless crap and making things complicated for wallet devs...
— awemany https://www.reddit.com/btc/comments/3ujc4m/consensus_jgarzik_rbf_would_be_antisocial_on_the/cxfkwvi (8) Why is the less-safe version of RBF the one being released ("Full") rather than the "safe(r)" version (FSS - First-Seen Safe)? Peter Todd had proposed two different versions of RBF: "Full" vs "FSS" (First-Seen Safe). "Full" is the more dangerous version, because it allows general double-spending (I can't even believe we're even saying things like "allows general double-spending" - but that's the kind of crap Peter Todd is trying to foist on us). "FSS" is supposedly a bit "safer", because is only allows double-spending a transaction with the same output. What's being released now is "Opt-In Full RBF".
First-seen-safe restricts replace-by-fee to only replacing transactions with the same output (prevents double spending). The reason this feature is being added is they see Bitcoin as a settlement network, so when there's a backlog users should be able to replace their transaction with a higher-fee one so it's included. It's to deal with the cripplingly low blocksizes. Someone should just implement and merge first-seen-safe, since that's much more non-controversial. Keeps 0-confs safe(r) while enabling re-submitting transactions.
Ok, so if the only benefit of RBF is to unstick stuck transactions by increasing the fee; why did you use "Full RBF" instead of "FSS RBF"? Full RBF allows the sender to increase the fee and change who the receiver is. FSS (First-Seen-Safe) RBF only allows the sender to increase the fee, but does not allow the sender to change who the receiver is. Tldr: FSS RBF should be enough to enable your wanted benefit of being able to resend stuck transactions by increasing their fee, but you chose Full RBF anyway. Why?
The benefit of opt-in RBF: Now, when a transaction is not going through because fee was accidentally made too low or if there is a spam attack on the network, a user can "un-stuck" his/her transaction by re-sending it with a higher fee. No more being held to the mercy of miners maybe confirming your transaction, or not. The user gets some power back.
If this was the actual problem at hand, why not restrict the RBF to only increasing the fee, but not changing the output addresses. RBF in it's current form is nothing but a tool to facilitate double spending. That is, it lowers the bar for default nodes to assist facilitating double spending. Which is VERY BAD for Bitcoin, imho. Serisouly, I don't know what's gotten into those devs ACK'ing this decrease in Bitcoin's trustwortiness.
And what if some/all miners simply hold RBF-enabled transactions into a separate pool and extract maximum value per transaction i.e. wait until senders cough up more & more ... A very dangerous change that will actively encourage miners to collaborate on extracting higher fees or even extorting senders trying to 'fix' their transactions.
A miner could simply separate all RBF-enabled TX into a separate list and wait for higher and higher fees to be paid. It's kind of like putting a "Take my money, Pls!!!" sign on your forehead and and going shopping.
It's not uncontroversial. There is clearly controversy. You can say the concerns are trumped up, invalid. But if the argument against even discussing XT is that the issue is controversial, the easy ACK'ing of this major change strikes many as hypocritical. There is not zero impact. Someone WILL be double spent as a result of this. You may blame that person for accepting a transaction they shouldn't, or using a wallet that neglected to update to notify them that their transaction was reversible. But it cannot be said that no damage will result due to this change. And in my view most importantly, RBF is a cornerstone in supporting those who believe that we need to keep small blocks. The purpose for this is to enable a more dynamic fee market to develop. I fear this is a step in the direction of a slippery slope.
(12) How does the new RBF feature activate?
Does anyone know how RBF activates? I mean if wallets are not upgraded this could be very dangerous for users. Because even if its opt-in this could kill zero confirmation for good.
the solution to all this, is actually rather simple. Take the power away from these people. Due to the nature of bitcoin, we've always had that power. There never was a need for an "official" or "reference" implementation of the software. For a few years it was simply the most convenient, the mo[s]t efficient, and the best way to work out all the initial kinks bitcoin had. It was also a sort of restricted field in that (obviously) there were few people in the world who truly understood to the degree required to make a) design change proposals, and b) code for them (and note that while up until now this has been the case, it's not necessary for these 2 roles to be carried out by the same people). The last few months' debates over the blocksize limit have shown and educated thst a lot of people now truly understand what's what. And what's more one of the original core-devs (Gavin), already gave us the gift of proving in the real world that democracy in bitcoin can truly exist via voting with the software one (or miners) runs, without meaning to. BitcoinXT was a huge gift to the community, and it's likely to reach its objective in a few months. It seems an implementation of bitcoin UL will test the same principle far sooner than we thought. So the potential for real democracy exists within the network. And we're already fast on our way to most of the community stop[p]ing using core as the reference client. Shit like what Peter pulled yesterday, I predict, will simply accelerate the process. So the solution is arriving, and it's a far better solution th[a]t it would be to, say, locking Peter out of the project. Thi[s] will be real democracy. I also predict in a couple of years a lot of big mining groups/companies/whatever will have their own development teams making their internal software available for everyone else to use. This will create an atmosphere of true debate of real issues and how to solve them, and it will allow people (miners) to vote with their implementations on what the "real" bitcoin should be and how it should function. Exciting times ahead, the wheels are already in motion for this future to come true. The situation is grave, I won't deny that, but I do believe it's very, very temporary.
Bitcoin SV v1.0.6 (release code name “Push”) New functions to provide and verify Merkle proofs. ZeroMQ notifications on double spend detection (WIP) p2p broadcast of double spend detection to enable network wide awareness. mAPI v1.2. Push based callback notifications for merkle proofs and double spends. SPV Channels v1.0.0 Bitcoinbch.com Urges Merchants to Switch to Bitcoin Cash Because of Serious Flaws Found With Bitcoin Core’s Replace-by-Fee. Hayden Otto, Bitcoinbch.com CEO and BCH proponent from North Queensland, Australia published a video demonstration on how easy it is to double spend BTC after purchasing products from merchants. Otto released the video and published a blog post warning retailers about ... An unidentified hacker has mounted several "double spend" attacks on the infrastructure of the Bitcoin Gold cryptocurrency and has managed to amass over $18 million worth of BTG (Bitcoin Gold ... Bitcoin was the first major digital currency to solve the issue of double spending. It did so by implementing this confirmation mechanism and maintaining a common, universal ledger system. Bitcoin manages the double spending problem by implementing a confirmation mechanism and maintaining a universal ledger (called “blockchain”), similar to the traditional cash monetary system.. Bitcoin’s blockchain maintains a chronologically-ordered, time-stamped transaction ledger from the very start of its operation in 2009.
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