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Logic is directly associated with analysing truth rationally and coming to a valid answer. Bitcoin is a system based on a predicate. A predicate is a means of constructing a valid proof, but to do so requires that each of the inputs also happen to be defined in a way that allows you to construct a proof.

When it comes to bitcoin, it is essential in analysing the system to determine all of the factors behind it.

Bitcoin is not encrypted.

This is an important aspect to note in that encrypted files mean that without a key there is no possibility of recovering the unencrypted information. If you lose the key to an encrypted file, if that key is of adequate length such as 256 bits, the chances of recovery are exceedingly slim and you should give up before beginning.

This point is relevant because had bitcoin been a cryptocurrency that was based on encrypted information, the recovery of data without a key would not be only infeasible but close to impossible. It would not matter if there was a court order. If the court orders information to be decrypted without a key, that leaves an impossible scenario that cannot be met.

The purpose of a system such as lightning is to create a system that does not maintain records. You add a trusted third-party in the form of watchtowers to monitor the transactions that act commercially while illegally deleting financial information.

You see, when you define the terms in a way that a judge understands it becomes much simpler.

So, the defence against changing bitcoin would be that it’s a distributed system and its encrypted. However, anybody who is knowledgeable who runs such a defence would be committing perjury. Perjury is a serious crime. Bearing false testimony and false witness in court as a developer would have to do in order to state that bitcoin is encrypted would lead to a prison sentence if it was demonstrated that they were not being honest.

Luckily, it is very simple to demonstrate that bitcoin is not encrypted by simply providing access to a block Explorer and demonstrating that there are no keys involved at any point. Further, a forensic analysis would demonstrate how all the information within the Blockchain can be extracted using any text and hex viewing tool.

Perjury is an indictable offence in the UK.

https://www.legislation.gov.uk/ukpga/Geo5/1-2/6

The enactment and commission of such a lie in stating that bitcoin is encrypted by a person who is knowledgeable outside of court and on a sworn testimony is known as a false statement under oath outside of a judicial setting leads to a prison sentence of up to 7 years, it is an indictable offence.

However, where the testimony is delivered in a judicial scenario under oath, this is known as perverting the course of justice.

I would definitely not recommend that any developer stated that bitcoin was encrypted and hence outside the reach of judicial review.

In the UK, the indictable offence of perverting the course of justice is considered incredibly seriously.

When the scenario overlaps and perverting the course of justice and perjury link such that a witness or expert witness in legal proceedings knowingly makes a false statement that is designed to affect the outcome of the case, the sentencing guidelines allow for the discretion of the judge with seven years penal sentencing and other criminal provisions.

The same would apply would a developer state that the GitHub repository is a community management project that is not controlled by a small number of developers. Developers using these tools know very well that a limited number of individuals control access to them and control access to loading the new software.

CSW
Feb 27, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614448358445100?thread_ts=1614448358.445100&cid=C5131HKFX
1/2
https://t.me/CSW_Slack/2033

2/2
The logical conclusion in all of this is to very simply not attempt to prevent justice because in the coming cases there will be no way that all the attempted provisions of justice will not be brought to light. We will be ensuring that forensic testimony from respected individuals demonstrates the nature of what I’ve been explaining incredibly clearly. Moreover, the simple fact that we can implement controls of this nature overrides any argument saying that you can’t.

Miners are not issuing but rather act under a unilateral contract. You cannot enforce the rules against a miner unless they are acting in breach of contract. To be in breach of contract, they have to violate the conditions set by the fiduciary managing the network which in this case happens to be the development group.

If miners do not wish to follow the rules, they are not bound because it is a unilateral contract. They have the option to simply stop mining.

Any exchange that decided to list such a fork would also be in contempt of court and subject to freezing orders that would cut them off from all banking, limit them from using AWS, Google, cloud services, DNS, Internet protocol routing…

You get the gist

You see, people seem to think that they can simply avoid all of this but there are interesting avenues that come with contempt of court even globally. Not only is DNS available as an option to take against a rogue miner or exchange, but additionally filters could be imposed in BGP routing tables.

Effectively, the node or exchange seeking to breach court orders would be completely shut off from the Internet. Those who have been involved in Internet gambling understand just how effectively this can work. It costs money to do but then, I have considered all of that in my actions.

So the simple answer is that miners enforce rules, but they don't create them. The requirement to implement those rules would come to a developer group following a court order.

CSW
Feb 27, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614448358445100?thread_ts=1614448358.445100&cid=C5131HKFX
2/2
https://t.me/CSW_Slack/2035

The same applies to myself. I am in court making claims under oath. Although the media likes to spin this differently, there are consequences to lying in court. There is a difference between making claims and social media and before a judge.

I understand all that very well. I may not be a likeable character, my Asperger’s does not endear me to many people who I have not dealt with before and I can be difficult, but this is a different matter to Lying. As people are going to find out very shortly. One thing many people do not understand is that Asperger’s is a condition linked to not being able to imagine situations that are outside truth. There are benefits to this, I am more capable in logic than many people.

The simple answer to Blockchain is to bring in individuals involved with accounting who have worked on paper records. Before a judge you simply ask whether an error can be corrected. You extend this to asking whether that means rolling back records and reversing entries. In all of this you will find that no accountant with any valid qualifications would ever consider rolling back entries or changing the books. Accounting records and ledges are immutable. All the updates remain immutable.

he never signed the contract, it was Rob that missed that point so he came in with a concept of bitcoin and a cyberpunk idea to fit into his mostly already written book

He wanted to create a cyberpunk cyberpunk story of hidden individuals and he ignored the complete truth of it all

He made it out as if I work alone and don't have corporate structures around me. You see, a corporate structure did not fit into his story of individualistic cyberpunks going out there and creating the new world in the garage against banks and government

Except, Everything I do is structured under corporate entities with audit and hierarchical structures around the individuals in my companies

it is nothing like a cyberpunk story

All about will fall apart in the story will be completely changed in a few months when all of this goes before a jury in court in the US and people start to learn that all of these stories that there listening to a complete fabrications that have no relevance to reality

one of the characters in that book doesn't exist

many parts of Satoshi story were already written before he ever met me

think about it for a moment, how can you have non-fiction about a made up character. Yet, he claims that is the case

bitcoin does not remove middlemen or trusted third parties, it lowers the value that they are needed online. It makes a digital form of cash.

This is the irony that people don't get. Bitcoin is only a means of getting rid of trusted third parties up to about $1000

Identity is required for large transactions and even transactions of $1000 or more and identity cannot be decentralised or distributed or given away or transacted or owned.

CSW
Feb 27, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614449471448600?thread_ts=1614449471.448600&cid=C5131HKFX

https://t.me/CSW_Slack/2036

An important thing that people don't understand is that tokens will always require a legal aspect to be functional.

If you tokenised goods then the goods do not become digital

More importantly, how do you protect digital rights even if you're talking about digitising these because nothing on the Blockchain is encrypted and if you're selling rights to access something, you're also selling rights to decrypt

So even if you are talking about a digital asset nothing stops someone from copying that and recreating it outside of the law

If you have tokenised video the truth of the matter is it is only law and courts that stop individuals from making copies of that and from broadcasting it themselves even for money

Let's take an example - you make a new video from your band's music and you sell it using tokens

Apple for instance has their own distribution platform, they buy a single copy of that video and now have access to decrypt it

Rather than paying you, they reissue their own token and sell your video

It is only due to the fact that we can legally link ownership to individuals and take action that allows people to stop Apple from rebranding and selling that video that you have created and allowing your group to make money and not be beholden to a large company

Bitcoin does not solve these issues using technology, it provides evidence that allows a legal solution

If you start to think about it, this concept that bitcoin or derivatives are encrypted has made a false concept that allows individuals to promote a conncept that property rights don't exist

By being able to fork an asset anybody can just take over the rights of another

This is especially easily done on digital assets.

You require an ability to easily prove property rights and this requires courts and law

All of this posturing is logically flawed.

Individual sit there telling you how they want to protect your property rights using tokens including those that are digitally created yet they fail to tell you that the token does not do that

you need a combination of identity, a ledger such as what bitcoin provides and a number of other aspects to make something that is a innovative token solution

and, tokens outside of the main chain are not innovation at all

CSW
Mar 10, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1615368196192800?thread_ts=1615368196.192800&cid=C5131HKFX

https://t.me/CSW_Slack/2038

Consequently, the initial assumption that the attack has no cost is flawed. Next, it is a simple attack to detect. The merchant, Bob can simply wait and validate a couple seconds later. I'm doing this, Bob can recheck any issue transaction and cancel it if a double spend is detected. For instance, Alice makes a purchase and releases the block after Bob has handed the coffee across the counter. As he is doing this, Bob detects a new block from Alice. At this point, Bob stops Alice from taking the coffee and also reports her for an attempted theft. If we are talking about remote issue of goods, Bob simply needs to delay issue. Each second that Bob delays results in a higher cost for Alice. As she is waiting, Charlie can validate a new block. As soon as this happens, Alice will fail to propagate in the same way that a selfish mining attack comes 2nd to all blocks from Charlie.

The potential cost would be the complete loss of the miner's business. Such a cost would exceed the cost of the hardware and would be unrecoverable at any level.

All the flaws associated with this understanding of bitcoin are associated with the failure to scale. Scaled, where miners move towards data centres and large operations, the cost of withholding a block become significant.

The error in such an attack is an assumption derived from an anarchist perspective of bitcoin where bitcoin operates without law and without cost. Neither of these assumptions are correct. Bitcoin is a system within law and more importantly, withholding blocks costs a miner in lost revenue. Even if this is a small probabilistic amount, the total overall mining revenue lost in a mere matter of seconds become significant enough to disallow a double spend. Importantly, the block acts as an evidence trail. The merchant now has digitally signed evidence proving that Alice attempted to defraud Bob. This is admissible within courts. Such an attack would not be feasible other than for small sales. This is purely a 0-conf proposed attack and fails against confirmed blocks. As such, any time Bob notices Alice is sent to block extends the time. So if Alice is attempting to defraud Bob and it takes Bob more than a few seconds to permanently issue and ship goods, then Alice will fail.
For instance, if Alice has purchased access to a movie, even if she gains one minute of free viewing, Bob will now be able to stop her seeing any further. If Bob has any time to withhold the goods, for instance he needs to ship an item in this might be picked up for 30 minutes, he will notice and be able to report on Alice's attack.

All of the attacks proposed assume a world without government or law and further ignore revenue and profit as a consideration. The problem with this is that any attack starts with the presumption that law does not exist and extends this into a world that acts without profit motivated merchants.

CSW
Jun 3, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1559585872073900?thread_ts=1559579400.047900&cid=C5131HKFX

https://t.me/CSW_Slack/2049

For most of this last decade, I have ignored the so-called attacks against bitcoin. I am pulling them apart at the moment and I am astounded about how stupid every one of them is. They are asinine in their childishness and unbelievably ridiculous. The concept proposed in all of them ignores economic realities and law. For any of them to have any chance of working, miners need to act without consideration of profit or revenue. On top of that, they need to forget that they act within the real-world and the law is important.

Every single attack channel that I've been delving into requires that code is law exists to the exclusion of all criminal activity. That is a world without government and without law enforcement. This is not the bitcoin I created and is not the environment I created it for.

All of the attacks come down to unregulated exchanges, bucket shops.

This is not an attack against real world merchants or even normal expenditure. There is not a single attack against bitcoin that works in these environments. What we are considering is purely and simply instant trading ability.

That is the ability for an individual to put money onto an exchange and take it back out again after flipping it into different coins or even tokens and mixing money which could even be for laundering before any suspicious activity can be reported.

This is the entirety of the attack vector that is harped on around bitcoin.

In a regulated exchange, individuals are not going to be able to double spend the exchange in the timeframe proposed for any of these attacks. Importantly, anything here is going to require money-laundering laws apply. That involves KYC.

This is the point no one seems to get, or if they do is about putting their head in the sand to ignore reality. Bitcoin works perfectly well in the real world. All of these changes, all of the manipulation has been about creating a system that works without government, without law and in a code environment where there is no reversibility, and more importantly no oversight ever.

There is not one single scenario that becomes profitable for a merchant or a miner to be associated with. More so when bitcoin scales. As bitcoin scales, all of these issues disappear.

Every one of these attacks is a home user miner attack. It's all in a small undervalued network. Every single one of these attacks requires many coins with little value. This is the nature of what they been doing in their attempt to make something that bitcoin was not designed to be.

CSW
Jun 3, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1559587877083200?thread_ts=1559587877.083200&cid=C5131HKFX

https://t.me/CSW_Slack/2051

_*To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power.*_

To solve the double spending problem, a peer-to-peer network of economically incentivised to validators was implemented using a publicly auditable trail.

Where the Whitepaper states, "to solve this", it refers not to trust or a concept of ownership, very specifically to the way that all solutions have been "incomplete without a way to prevent double-spending".

Bitcoin implemented an overlay network of users and validator nodes. Uses of the bitcoin system are able to exchange transactions directly over methodologies such as IP to IP or by leaving transactions on the blockchain that can be collected later. In this, the validators act in place of a trusted intermediary to ensure that no double spends, or invalid transactions are allowed. There is a public auditable record of all transactions that occur on the bitcoin network. Any individual can choose to select and view any transaction on the blockchain and ensure that it is accurate.

This however is not necessary due to the competitive nature of the proof of work system within bitcoin. Miners will validators do not seek to get the solution to a block, they seek to find a valid block solution and hash puzzle and have this propagated to all other miners, or at least the majority of them, prior to any other solution being discovered. When a block is discovered, each miner validates that block. They do this as bitcoin is a zero-sum game. Where a miner has discovered a solution to invalid block, the other miners will quickly invalidate it as there are a fixed number of blocks to be discovered in any time period. The system is constructed with a two-week difficulty period that leads to a fixed adjustment every 2016 blocks. The consequence of this is that miners compete not only to find a solution but to invalidate erroneous blocks from other miners. Miners self-regulate and self-enforced their own network.

The system works as long as the majority of miners remain honest and are not able to collude to cheat the system. The only real attack is the ability to double spend. This would allow a miner or other individual to collude in order to defraud a merchant or other party out of a payment. In doing this, the person submitting the transaction to be double spend and the miner colluding with them would be using a false representation or engaged in other forms of deceit. This is analogous to criminal cases where the defendant has used their credit card in full knowledge that they have exceeded their credit limit. They have made a purchase using a false representation that they had the authority to use the card and that the card issuer would honour the transaction (R v Lambie [1982] A.C. 449 HL).

This is a deceit-based crime as the perpetrator will have needed to sign multiple transactions using the same input coin. That is, they have fraudulently represented that the coin that they are giving to a merchant is unencumbered.

This scenario is possible where an individual believes they will get away with the act. One of the key aspects of fraud is a belief that you can commit the crime and not be detected. In the case of miners, both transactions would be available on the network. In particular, both the merchant and the miner would hold separate signed transactions. The merchant would be able to demonstrate that other miners had a copy of a publicly available double spent transaction. In some ways, this is analogous to a scenario where a criminal tries to pass off a fraudulent check and then comes back and delivers a signed statement that they have committed a crime around 10 minutes later.

CSW
Sep 24, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1569339721257300?thread_ts=1569339673.256900&cid=C5131HKFX

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It is not the hash rate or the algorithm that secures bitcoin. Bitcoin is not a cryptographic system but is an economic system that uses cryptography. This is a major distinction. Authors such as those working on proof of work in the past misunderstood the nature of an economic medium. It is not how much proof of work you can do at any one time, it is how much you can do towards the marketing of the commodity you're selling, the proof of work that you have invested. Bitcoin is not secured by proof of work at all. Bitcoin is secured by validation of transactions and the ordering of those transactions into blocks. Proof of work is just a means of proving incentive. It's a defined investment. It measures the willingness of a party to invest in securing the network.

Where people go wrong is in assuming that it is all about some anonymous cryptographic system. I didn't build bitcoin to be like ecash or any of those other failed dead-end systems.

The proof work tokens developed in bitcoin are a byproduct of the ordering of transactions. There should be no limit on the number of transactions in a block. This limit does not matter because organisations and companies compete to profitably structure a block that will be validated by other miners. Only then does proof of work matter. As the block reward subsidy vanishes, the transaction fees become more and more important. In time, a miner who does not primarily concentrate on ordering transactions will gain little to no renumeration.

Because of the larger value associated with the block reward when coupled with the hobbled or restricted nature of bitcoin core and the excessive limit to 1 MB per block, BTC has misled people into believing that the hashing component is the primary concern on how you secured the network. It is not. More importantly, people involved with this industry including the building of machines associated with a single purpose in hashing have mislead people into believing that bitcoin is all about a technical solution and that it can act outside of law.

The simple answer is that bitcoin is an incentive system.

Hashing is a game theoretic signalling system. Bitcoin miners signal that they are willing to lose money and risk in keeping the network secure. They are willing to pay large sums of money to invest in the network and this demonstrates a long-term commitment. Most importantly, it involves a large fixed asset capital base that is at risk if these miners seek to act outside the law. The biggest control in bitcoin mining is the existing legal system. A miner who decides to act outside of the law with enough hash power to overpower the honest nodes in the network is simple to detect. Most importantly, they provide signed evidence that is admissible in court and allows criminal prosecutions. Additionally, other miners would legally be able to take action.

Action would include anti-competitive behaviour and other protections that are associated with cartel-based action.

I am not seeking an anarchist solution and I never promised one.

With the hash rate it has, BSV is not subject to attack. In order to attack even the hash rate, we have now requires miners actively engaging themselves using a large data centre to focus on double spending. In the UK, the fraud act covers services when related to deceptive criminal activities. The definition of services see Archbold 2010, Pp 21-408. The service is one that is provided for a paid amount. Where a service is obtained without payment, the fraud act will not apply in this manner. Bitcoin miners are paid a transaction fee and block subsidy for their actions, this is enough to be covered under the basis of the UK act. This makes them chargeable and consequently they come under and within the ambit of Section 11 (R v Sofroniou [2003] EWCA Crim 3681).

CSW
Sep 26, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1569512498022800?thread_ts=1569512498.022800&cid=C5131HKFX
1/4
https://t.me/CSW_Slack/2077

*Attacks*

The whitepaper sets the terms honest and attacks as per the US CFAA and UK computer crime acts. Nodes are simple to trace, this is a part of the original system we need people to understand.

Intentionally double spending in order to gain an illegal advantage is analogous to cheque fraud.

Bitcoin is a system covered within the existing legislative framework, as it is. Attacks are incredibly expensive and very simple to trace. This is the power of bitcoin, it is economic in nature and defense. Once people see that you need large systems that can be seizedy easily in order to conduct an attack, and that this also comes with civil liability, it will be that "attacks" become a thing of history.

Bitcoin is economically secured.

It uses law

Bitcoin's power is economic asymmetry

Defense is cheaper than an attack

That is why it is distributed

CSW
Jan 13, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578951573069900?thread_ts=1578951573.069900&cid=C5131HKFX

https://t.me/CSW_Slack/2097

When Code Isn't Law
https://scholarship.law.columbia.edu/cgi/viewcontent.cgi?article=1885&context=faculty_scholarship

Page 717 - "The programmers of a copyright-resistant P2P network must balance an interest in avoiding legal liability against the competing interests of ensuring performance on a mass scale, maintaining system stability, and fostering network trust."

Developers had liability at all times.

You cannot make an illegal contract nor an illegal term in a license

An illegal term in a contract is "Void ab initio" - it never existed.

That is a separate issue - but a law is lawful until a court states it is not

It may be immoral - that is a separate issue

Contract is not about morality

CSW
Mar 23, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1616502135369000?thread_ts=1616502135.369000&cid=C5131HKFX

There are separate legislations here in the United Kingdom but I won't go into in detail but in the United States, the majority of states in the US have implemented the uniform commercial code.

Article 2 of the UCC governing contracts for sales of goods and other exchanges. and this also covers commodities.

Bitcoin is a commmodity.

The UCC rules concerning sales contracts are mandatory and cannot be mitigated or removed using a warranty

So, where software warranties state that the merchantability doesn't matter, this is not valid.

The implied warranty of fitness for a particular purpose that comes under UCC section 2-315 does not allow you to exclude parts of the software and being that the bitcoin White Paper promises protection to the buyer and not merely the possessor, this cannot be excluded.

Ownership is defined within the White Paper (p. 2, 6.)

Possession is not.

If you wonder why I have studied international law and letters of credit, why I wrote about documentary credit contracts before bitcoin,

https://www.lexisnexis.co.uk/legal/guidance/commodities-types-of-contract-disputes

It becomes necessary to remember that bitcoin is a commodity. As a commodity it is covered under a variety of different acts There was always a reason for not making bitcoin an account based system

CSW
May 3, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1620074377419900?thread_ts=1620074377.419900&cid=C5131HKFX

https://t.me/CSW_Slack/2182

Developers may be sued for fraud when they knowingly misrepresent or withhold information from a distinct customer.[ The claims made on the website and the information in the whitepaper associated with a software program and protocol bind the developers to the delivery of the specified product.

The contract, warranty and effects of misrepresentation would typically limit financial exposure to the price of a product. In the case of Bitcoin, the end product extends into tokens that are offered as a service and commodity. Further, this form of software malfeasance may be sufficient to create a tortious liability. Tort law extends the liability that applies to the developers.

Although “reasonable care” provides some level of protection to the software developer, this implies that they are following the stated purpose of the software and that they are not misrepresenting the project.

CSW
May 4, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1620144786009700?thread_ts=1620144786.009700&cid=C5131HKFX

https://t.me/CSW_Slack/2191

What you see publicly, the double-digit number of postgraduate degrees is not everything.

My record that comes through failure and repeatedly trying until I achieved the level that I’m now at is to be able to do more than ten masters degrees simultaneously at a full-time level and achieve a 3.7+ GPA on all of them.

This will come out in court.

Because I haven't disclosed everything yet, people will assume that I am lying

Here is the thing. I’m about to go into various court cases where this will be put to the test. I have no gain through saying this at this point if it is not valid. I have a hell of a lot of negatives that will come if it is a lie. And so, when I go into court, they can put this to the test as well. They can put my claim that I can do that level of study to the test and see if I will or will not validate it.

Of course, I will. And, I can wait. If they think that they can goad me into doing things ahead of the time I want to do them, they haven’t learned much about me yet.

CSW
May 5, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1620197421057200?thread_ts=1620197421.057200&cid=C5131HKFX

https://t.me/CSW_Slack/2201

CSW
May 6, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1620285528193700?thread_ts=1620285528.193700&cid=C5131HKFX

https://t.me/CSW_Slack/2218

About P2P Cash system
Someone says:
"Simple, it means that the person that is receiving the payment is the one that has to broadcast the tx to get paid. If the tx is not broadcasted to be settled, the one that paid still has his money. Can't believe how the core narrative managed that you had to verify as the person who paid when in the real world, you never do that."

CSW:
And, a person will receive a cheque.

Do you call a bank first?

But, drug dealers do not use cheques. That is the issue.

They want a system outside of law.

And, some companies only do fortnightly or even monthly cheque runs...

If you tender a fake cheque, there are fraud laws. So, it is rare and there is a process. In small amounts, you can send and validate fast. 10 minutes vs 30 to 60 days for some banks - still

So, Bitcoin solves this with:
1. Law
2. 10 min settlement - so you can also in 1-2 seconds see if you are OK

Yes, I even stated that in the early Satoshi days. If it does not clear, do not send the goods.

The thing was Marrti, Ross and Micheal M started this Heroin store crap.

And, you cannot use courts to sell drugs.

confirmed is safe in most cases.

No, confirmed is safe in 99.99999999999999% of cases.

They are cash unless specifically stated to not be

CSW
Jul 23, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1563869289035500?thread_ts=1563869289.035500&cid=C5131HKFX

https://t.me/CSW_Slack/2247

Just a little clarity to make sure people understand something.

The court cases do not relate to BSV.

They relate to bitcoin (BSV) and all unauthorised copies of my database equally.

What people fail to understand in saying that this is about BSV and gaining the kind is that I ever gain everything or nothing. If I am not able to prove my ownership in a British court of law I don't get BSV, I get nothing.

Equally, when I prove and I shall because I have all the records and the fun of being audited for many years is that I have these for many years right back from the beginning in an admissible forensics date, then BTC will need to add the required aspect of the White Paper that says the owner is verified and not the possessor.

There are no decentralised claims that will save any of the developers.

It's very simple. I have a lot of time to be able to go through all of this process and tear apart all of the lies one by one.

If a miner chooses not to follow the regulations, the laws,, the court order and all of the things that they need to do then it is very simple...

I will sequester their assets

I will go after the personal assets of many of the individuals involved

I will chase down the people whichever country they happen to be hiding in

I will take the physical mining equipment

I will take the facilities

and, I will do it at a discount

so, the eventual thing is people will implement this or they will find that they have nothing left to fight me with.

The interesting aspect of all of this is that my claim exceeds the value of all of the mining hardware everywhere, not just China, globally

So, it's very simple - either people follow the law or I will use the law utterly eradicate anyone who refuses to follow the law.

I think that makes things very clear doesn't it?

By the way, I may not be doing this in the Ethereum world but every single Blockchain that will ever exist, has ever existed and can ever exist is subject to the same form of order.

it should have happened a long time ago the reality here is the lies have slowed it

CSW
May 14, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621002342378500?thread_ts=1621002342.378500&cid=C5131HKFX

https://t.me/CSW_Slack/2313

The only way and I will emphasise only that any Blockchain-based system will be able to exclude consumer rights and stop an individual from claiming ownership of lost assets and recovering these is to implement a waiver using a deed.

To do that would require that every individual on the system without fail expressly provides identity and ownership records for every transaction that is publicly available and searchable minimising the amount of privacy and forming not only a contract but a deed between themselves and the developers that allows any loss to occur without hope of recovery

any Blockchain and I mean any system that will ever be developed in the course of human history that implements a Blockchain is recoverable following a court order

this is not just BTC, it is not just Ethereum it is anything

(The Wyoming bitcoin/banking legislation)
irrelevant the legislation has nothing to do with bitcoin or any related system and it is focused on technology from the nineties without understanding what the Flick they were supposed to be writing about because they listen to idiots

it has relevant as legislation to do with boats that is written to cover trucks

if you receive bitcoin without notice and you maintain all of the transaction records it is covered as cash which means it is yours

if you receive bitcoin from an exchange the bank, a.k.a. exchange, is liable

the requirements here DO cover stolen goods just as they have always done in the last 300 years

if you use a mixer you lose all your money

the entire aspect of what you're missing is that this is not in exchange for value it is a mixer

the law is very very clear here, you're not buying goods and services you are mixing your money and if you mix your money you have no rights to anything that is illegally obtained

you are not a merchant, you are not getting money from one

CSW
May 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621086642425000?thread_ts=1621086642.425000&cid=C5131HKFX

https://t.me/CSW_Slack/2320

CSW
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX

https://t.me/CSW_Slack/2326

You cannot receive US$100,000 in good faith without customer due diligence. The part you're missing @bingledack is good faith. It is not just good consideration and it is not without knowledge. Money received must be received in good faith. To be received in good faith, for an amount over the KYC and customer due diligence amounts requires that you have full identity checking. This means you need to know the identity of the individual is received from and they need to know it as well. SPV was created to allow this. When you hand the received transaction and inputs you received you can also prove good receipt.

In the case of the bank, that becomes a tortious action against the bank. You don't receive cash when you sell your house. What happens is a deposit goes via lawyers into banks. Where the bank does not do their due diligence, they will lose out.

The alert key that I created for bitcoin allowed individual addresses to be frozen. That wasn't adequate but was a start. What needs to occur is individual unity exposed need to be frozen and not addresses. I should have seen the silly way people were using addresses already in 2010 but I didn't. Basically, bitcoin provides a methodology that will allow very quick freezing order application to be applied. When bitcoin is used in small quantities, and we're talking here around tens, of hundreds or thousands of dollars maximum, or micro payments there is no problem. When used as cash, bitcoin works as money perfectly.
The difficulties that people see come with this idea that bitcoin is a store of value and settlement system for rich people to move money without tax. The could not be further from the truth.

If you don't like tax, move to a country that doesn't have any.

If an exchange as a money handler accepts bitcoin as money, mostly they do this as a barter arrangement right now, then it will be liable for any of the losses. If your stolen money is deposited into Kraken then Kraken is completely liable for all of the losses associated with it. As a fungible good, this will be covered under mixing rules.

And yes, KYC applies at the time you received money or goods. So if you receive bitcoin now at $240 a bitcoin and you do in exchange for 10 bitcoin not requiring full KYC and a year later your BSV is valued at US$3000, even though the current value in a years time is US$30,000 and above the limit the test was at the time of the exchange for value.

And, there are limitations with recovery in any event. Some amounts on property will not end, but other actions have to be formed earlier on. It is also a reason to register property. Hiding your property from tax officials means that you can be in a position where you are out law and unable to take action.

CSW
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX

https://t.me/CSW_Slack/2326