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#bitcoin on #sha256 is a captured currency:
- rules dictated by a centrally controlled mining cartel that bought off the core devs, and ignored the nodes (the users).
- pushed a unilateral blow open of op return, allowing for increased data storage (#spam) on chain. The miners enforced this change in unison, despite user objection and 20%+ node signaling user activated soft fork. ( The other 80% did not institute a URSF, signaling either complacency, fake spun up nodes, and/or a foreknowledge the 'fix was already in'.
- it has the ecosystem for now because most of the user base did not understand or pay attention to the bait and switch that occurred.
- Now they are inplanting all kinds of antithetic material on chain including CP, CSAM, USD stablecoin, and god-knows what else.
- blockhain bloat, another indirect (or perhaps intentional) consequence, makes it prohibitive for users from participating and syncing nodes. This leads to even further centralization and consolidation of power.
#bitxoin soul survives (and is thriving) however on #xbt on #blake2b. The nodes govern the rules, 1 node = 1 vote. They fired the #sha256 mining cartel. They fixed op return permanently so #spam is significantly inhibited. They are building a mining participation system to prevent infiltration like what happened on the #sha256 #spamchain. The primary purpose of #xbt on blake2b is being monetary, and it is the hardest and purest money on earth. Once you understand all this, the choice is clear for those in it for the values and promise of #bitcoin.
Those only focused on #ngu , alterior motives, herd thinking, and casino mentality will stay on the sha256 #spamchain. The irony is in due coarse, their chain will falter while the pure chain will rise dramatically.
XBT Kalien retweeted
Mechanic’s most recent YT video is a fucking banger.
youtu.be/rc4F52-I11c?is=LiUW…
XBT Kalien retweeted
Care to address the Blockstream ponzi allegations? You pretend to be a journalist, right?
natinfosec.substack.com/
XBT Kalien retweeted
All while openly advocating for USD as the global medium of exchange, while stacking sats for the deep state at large US custodians. Has your account been hijacked?
XBT Kalien retweeted
Centralized Bitcoin Core is irrelevant.
Miners have been fired.
There’s no saving the captured.
Asymptotic ideal money has moved on.
Blake2b
XBT Kalien retweeted
Friendly reminder: Centralized mining is the single BIGGEST threat to any network.
"Not your keys not your coin" is the second biggest threat.
Buy ONLY #XBT
XBT Kalien retweeted
There have been allegations that NatInfoSec and I are the same person, or that I am the author of some or all of his articles about Blockstream's alleged ponzi scheme. This is a complete and total lie, brought to you by friends of Andy like @JoeNakamoto and @coinjoined.
Two minutes of research will demonstrate that NatInfoSec has a long history as a security researcher, who has done good work like exposing fentanyl traffickers, Russian drone makers, etc. Link is in the reply.
Why are Joe and Chris not interested in getting to the bottom of the Blockstream allegations, instead of attempting to shoot the messenger? Looks like Joe just dropped Blockstream as a sponsor, so I think there's a good chance that he thinks NatInfoSec's allegations are actually correct, and that Joe is trying to distance himself slowly from Andy.
Bitcoiners will remember forever how Joe and Chris behaved this year-- and history will not be kind to their reputations as well
XBT Kalien retweeted
Greed made me fall for a scam and lose more than 100k.
Bitcoin taught me to delay gratification and be patient.
very hard and expensive Lesson i learned there.
i hope you get to learn from my Mistake.
never believe someone promising high returns in very short time.
Peace.
XBT Kalien retweeted
This Sam guy has some cool videos
youtu.be/Cm6Ur4hnSjw
XBT Kalien retweeted
Spamcoin launched Aug 8th. The former miners left Bitcoin for their airdrop scamcoin.
Bitcoin continued on. The BLAKE2b HF wasn't until Aug 30, and there was no split over it.
XBT Kalien retweeted
Nodes decided OP_RETURN is only valid up to 83 bytes.
Spamcoin miners said "nah, we decide, not you"
XBT Kalien retweeted
Spamcoin failed from the moment it launched.
100% of its perceived value is a result of fraud, people tricking others into thinking it's Bitcoin.
Yet it has none of the properties of Bitcoin.
