The license of the database is not applied under MIT.
under an MIT license each file needs to individually have the license applied. The database was not created with a license and it was put up for download without license.
The agents of the network other nodes.
Nodes are paid to provide a contract service. They are not instantly paid, there is a maturity level of 100 blocks that means that they cannot quickly act and take a block that is orphaned
Blocks do not act to issue or create bitcoin.
https://web.archive.org/web/20090131115053/https://bitcoin.org/
The original site states this very clearly.
Coins are distributed to the nodes.. They are not created by the nodes
Nodes "generate blocks".
They do not create bitcoin
nodes are agents of the network and are paid
Nodes create entries in the database as an outsourced agency. They are an agent.
Without an explicit agreement stating that they maintain intellectual property rights, agents don't gain rights.
The creation of blocks is a distributed process because of the hundred block maturity level.
Nodes do not merely find a block solution, they have to propagate it to other nodes and have it valid for 100 blocks. The validation process involves other nodes ensuring that its correct
Note, the way that you validate a block is by creating another block on top of it, so only miners are nodes
The ordering of transactions is contained as a database right. That will include the Merkle tree and hash structure
the block headers will be included as a database right
Think about the contents of the database table.
You can own a database or public emails - the structure matters
And, in Bitcoin, it cannot have the structure changed
https://www.pinsentmasons.com/out-law/guides/database-rights-the-basics
The creator of a database can allow use any way he wants.
Bitcoin requires that people can append and view the database. It does not allow them to take it and use it in other means outside of the use in bitcoin.
The nodes provide a service in creating the database. The database can be protected if there is a substantial investment. So far around 20 million bitcoin (and BTC on the copy) have been put into the payment of obtaining and verifying and presenting this information.
I think given the current value of the complete system that this is a substantial investment.
An infringement occurs when an individual or company extracts already utilises all or a substantial part of the contents of a protected database. This has to be done without the consent of the owner.
The rights to the bitcoin database a limited for the verification, exchange and validation of bitcoin transactions. When used for bitcoin, the databases validly deployed. That is bitcoin the electronic cash system.
The mere consultation of a database, using the database to send transactions or to act as a node is not an infringement under the provisions.
77m Limited v Ordnance Survey Limited [2019]
https://www.casemine.com/judgement/uk/5dcb8f992c94e07f88e8ddb2
The TX to Finney was not until days later and after Bk 70
No, Each block contains at least 1 TX
A database is not covered under MIT licenses unless it is explicitly and independently licensed.
The database rights provisions of Europe do not cover software. These are two separate issues.
When individuals started using the original version of code, they downloaded the first version of the database from my nodes.
CSW
Jan 4,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1609783515120700?thread_ts=1609775039.107700&cid=C5131HKFX
https://t.me/CSW_Slack/2430
under an MIT license each file needs to individually have the license applied. The database was not created with a license and it was put up for download without license.
The agents of the network other nodes.
Nodes are paid to provide a contract service. They are not instantly paid, there is a maturity level of 100 blocks that means that they cannot quickly act and take a block that is orphaned
Blocks do not act to issue or create bitcoin.
https://web.archive.org/web/20090131115053/https://bitcoin.org/
The original site states this very clearly.
Coins are distributed to the nodes.. They are not created by the nodes
Nodes "generate blocks".
They do not create bitcoin
nodes are agents of the network and are paid
Nodes create entries in the database as an outsourced agency. They are an agent.
Without an explicit agreement stating that they maintain intellectual property rights, agents don't gain rights.
The creation of blocks is a distributed process because of the hundred block maturity level.
Nodes do not merely find a block solution, they have to propagate it to other nodes and have it valid for 100 blocks. The validation process involves other nodes ensuring that its correct
Note, the way that you validate a block is by creating another block on top of it, so only miners are nodes
The ordering of transactions is contained as a database right. That will include the Merkle tree and hash structure
the block headers will be included as a database right
Think about the contents of the database table.
You can own a database or public emails - the structure matters
And, in Bitcoin, it cannot have the structure changed
https://www.pinsentmasons.com/out-law/guides/database-rights-the-basics
The creator of a database can allow use any way he wants.
Bitcoin requires that people can append and view the database. It does not allow them to take it and use it in other means outside of the use in bitcoin.
The nodes provide a service in creating the database. The database can be protected if there is a substantial investment. So far around 20 million bitcoin (and BTC on the copy) have been put into the payment of obtaining and verifying and presenting this information.
I think given the current value of the complete system that this is a substantial investment.
An infringement occurs when an individual or company extracts already utilises all or a substantial part of the contents of a protected database. This has to be done without the consent of the owner.
The rights to the bitcoin database a limited for the verification, exchange and validation of bitcoin transactions. When used for bitcoin, the databases validly deployed. That is bitcoin the electronic cash system.
The mere consultation of a database, using the database to send transactions or to act as a node is not an infringement under the provisions.
77m Limited v Ordnance Survey Limited [2019]
https://www.casemine.com/judgement/uk/5dcb8f992c94e07f88e8ddb2
The TX to Finney was not until days later and after Bk 70
No, Each block contains at least 1 TX
A database is not covered under MIT licenses unless it is explicitly and independently licensed.
The database rights provisions of Europe do not cover software. These are two separate issues.
When individuals started using the original version of code, they downloaded the first version of the database from my nodes.
CSW
Jan 4,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1609783515120700?thread_ts=1609775039.107700&cid=C5131HKFX
https://t.me/CSW_Slack/2430
Pinsent Masons
Database rights: the basics
Databases can be a valuable commercial asset and generally time and money is invested in their creation and maintenance.
https://twitter.com/BlockchainAssn/status/1346249873683869698
Bitcoin has the ability to record transactions and identity. This was in the original protocol. The information can be exchanged and a hash of that information can be recorded on-chain proving the existence of the verification of the time.
The original concept of bitcoin allowed for IP to IP transactions between individuals. You will note on my original website, that you can send comments:
" If the recipient is online, you can enter their IP address and it will connect, get a new public key and send the transaction with comments."
https://web.archive.org/web/20090131115053/http://bitcoin.org/
At the same time as your sending all that information that is required for larger transactions, you simply hash the exchange and for the hash on-chain with the payment. That doesn't seem like a large change to anything.
All these claims of basic fairness and yet they are trying to manipulate my original design. Moreover, it's not even an expansion of the Bank Secrecy Act. I have noted for several years now that the BSA would apply and that is only through the misrepresentations and false information provided by disingenuous actors in this industry that have spread malicious information about the nature of bitcoin and related systems that leads people to believe that this is not the case.
A hash on changes not have any link to privacy and general exchanges of cash are monitored over a few hundred dollars. Basically, criminals don't want to stop being criminals and they want to enable a system that allows them to keep doing the kiddie porn, keep doing the drug sales and keep not paying taxes.
The implementation of identification that associates with more than $10,000 transactions is simple. It could be implemented in hours. There is no new technology that needs to be created and an individual could sign a root key using a standard government certificate in less time than it takes me to write this message.
This would not stymie innovation at all. The entire solution could be created in days. There are better ways of doing it of course but the reality here is existing technology allows for a complete exchange of records right now.
The only two options that can be taken from this are that the Council of the Blockchain Association (note not the bitcoin Association) are acting deliberately and maliciously to mislead government regulators or they are incredibly ignorant and incompetent or both. My experience with the industry leaves me in the position that I believe these individuals are most likely receiving dirty money and are intentionally malicious. All of the interactions of had with people in this system demonstrate strong ties to illegal activity. The entire attack on regulation and the implementation of controls has been around tax avoidance, promotion of fraud, avoidance of just law and promotion of criminal activity generally.
So when I see something by a Blockchain Association which is effectively an organisation to create gambling assets that have no value in order to scam people, individuals who claim innovation cannot occur with regulation, I am a on the side of thinking these individuals are not just ignorant but are paid off criminal scumbags.
I could be wrong but all of the evidence points to the contrary.
CSW
Jan 6, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1609919165252200?thread_ts=1609919165.252200&cid=C5131HKFX
https://t.me/CSW_Slack/2437
Bitcoin has the ability to record transactions and identity. This was in the original protocol. The information can be exchanged and a hash of that information can be recorded on-chain proving the existence of the verification of the time.
The original concept of bitcoin allowed for IP to IP transactions between individuals. You will note on my original website, that you can send comments:
" If the recipient is online, you can enter their IP address and it will connect, get a new public key and send the transaction with comments."
https://web.archive.org/web/20090131115053/http://bitcoin.org/
At the same time as your sending all that information that is required for larger transactions, you simply hash the exchange and for the hash on-chain with the payment. That doesn't seem like a large change to anything.
All these claims of basic fairness and yet they are trying to manipulate my original design. Moreover, it's not even an expansion of the Bank Secrecy Act. I have noted for several years now that the BSA would apply and that is only through the misrepresentations and false information provided by disingenuous actors in this industry that have spread malicious information about the nature of bitcoin and related systems that leads people to believe that this is not the case.
A hash on changes not have any link to privacy and general exchanges of cash are monitored over a few hundred dollars. Basically, criminals don't want to stop being criminals and they want to enable a system that allows them to keep doing the kiddie porn, keep doing the drug sales and keep not paying taxes.
The implementation of identification that associates with more than $10,000 transactions is simple. It could be implemented in hours. There is no new technology that needs to be created and an individual could sign a root key using a standard government certificate in less time than it takes me to write this message.
This would not stymie innovation at all. The entire solution could be created in days. There are better ways of doing it of course but the reality here is existing technology allows for a complete exchange of records right now.
The only two options that can be taken from this are that the Council of the Blockchain Association (note not the bitcoin Association) are acting deliberately and maliciously to mislead government regulators or they are incredibly ignorant and incompetent or both. My experience with the industry leaves me in the position that I believe these individuals are most likely receiving dirty money and are intentionally malicious. All of the interactions of had with people in this system demonstrate strong ties to illegal activity. The entire attack on regulation and the implementation of controls has been around tax avoidance, promotion of fraud, avoidance of just law and promotion of criminal activity generally.
So when I see something by a Blockchain Association which is effectively an organisation to create gambling assets that have no value in order to scam people, individuals who claim innovation cannot occur with regulation, I am a on the side of thinking these individuals are not just ignorant but are paid off criminal scumbags.
I could be wrong but all of the evidence points to the contrary.
CSW
Jan 6, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1609919165252200?thread_ts=1609919165.252200&cid=C5131HKFX
https://t.me/CSW_Slack/2437
Twitter
Blockchain Association
1/ Today we submitted our comment to FinCEN’s proposed regulation for “unhosted wallets.” Here’s a few of the most important points and our full response: theblockchainassociation.org/wp-content/upl…
Banks and bitcoin have completely different purposes, it reintroduces cash but in a digital manner
If you are not doing loans, you are not a bank and you are not replacing a bank.
The people who are unbacked are not and banked because they don't have cash but their own banked because they can't have loans and other facilities.
And, you will see
Soon
CSW
Jan 13, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610568058131500?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2440
If you are not doing loans, you are not a bank and you are not replacing a bank.
The people who are unbacked are not and banked because they don't have cash but their own banked because they can't have loans and other facilities.
And, you will see
Soon
CSW
Jan 13, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610568058131500?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2440
Telegram
CSW - Slack Channel
CSW
Jan 13, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610568058131500?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2440
Jan 13, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610568058131500?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2440
More, the non-KYC miners will face legal challenges
Not at 50%, but a 10% KYC miner will have legal redress against other nodes who orphan their blocks.
I really don’t think people are thought this through. A miner with 10% of the total hash rate manages to set up a node and then starts filtering addresses that are under a KYC/AML ban and then other miners decide to orphan blocks that this miner is now creating.
Think about the outcome here. The argument is that you should be able to enable and facilitate crime without consequence. The node who is following the law will be the one that the court supports. So, if the node decides to take action for all of the lost blocks, not only will they gain compensation for any block that is orphaned but also the cost of taking and executing the enforcement action.
Think about the rational outcome to such a strategy. A miner who does not follow AML will end up with court orders against them and eventually have their assets seized. For every block that they allow, they create a competitive advantage that will help grow the smaller miners who are compliant.
The node operators will think about this. A node with 10% of the hash rate could end up capturing up to 25 to 30% of the total returns. Not by blocks but by recovery and this will lead to an economic incentivization others to do the same strategy. The rational choice is to follow this action.
Once a miner starts such a strategy, even a 2 to 3% total percentage of the network starts to become more profitable. By more profitable I mean 50 to 60% more profitable than other miners in the industry.
Think what that means.
CSW
Jan 6,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610561442114600?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2442
Not at 50%, but a 10% KYC miner will have legal redress against other nodes who orphan their blocks.
I really don’t think people are thought this through. A miner with 10% of the total hash rate manages to set up a node and then starts filtering addresses that are under a KYC/AML ban and then other miners decide to orphan blocks that this miner is now creating.
Think about the outcome here. The argument is that you should be able to enable and facilitate crime without consequence. The node who is following the law will be the one that the court supports. So, if the node decides to take action for all of the lost blocks, not only will they gain compensation for any block that is orphaned but also the cost of taking and executing the enforcement action.
Think about the rational outcome to such a strategy. A miner who does not follow AML will end up with court orders against them and eventually have their assets seized. For every block that they allow, they create a competitive advantage that will help grow the smaller miners who are compliant.
The node operators will think about this. A node with 10% of the hash rate could end up capturing up to 25 to 30% of the total returns. Not by blocks but by recovery and this will lead to an economic incentivization others to do the same strategy. The rational choice is to follow this action.
Once a miner starts such a strategy, even a 2 to 3% total percentage of the network starts to become more profitable. By more profitable I mean 50 to 60% more profitable than other miners in the industry.
Think what that means.
CSW
Jan 6,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610561442114600?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2442
Telegram
CSW - Slack Channel
CSW
Jan 6,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610561442114600?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2442
Jan 6,. 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610561442114600?thread_ts=1610549144.100200&cid=C5131HKFX
https://t.me/CSW_Slack/2442
I want to make this very clear. Bitcoin was not and has never been about censorship resistance. That is a position promoted by the Electronic Frontier Foundation and had nothing to do with myself.
It came about because of WikiLeaks. Promoted by people who build sites for child porn and originally Silk Road.
I have never once mentioned in the entire history of being myself openly or as Satoshi that bitcoin was ever anything to do with this concept of censorship resistance. Bitcoin is digital cash. It is an electronic cash system that allows micro payments. Once you get more than a few hundred dollars worth of bitcoin, and you reuse addresses...
It becomes traceable and very simple to filter.
Everybody seems to neglect this one really key point here.
I created the alert key !
https://craigwright.net/blog/law-regulation/if-gold-turned-to-lead/
The introduction of the alert key allowed bitcoin to be frozen. Nodes would be able to filter stolen bitcoin addresses very easily.
This was introduced well before the concept of bitcoin being decentralised and unable to be frozen. The ability to signed messages freezing particular UTXO's would allow the filtering of individual transaction streams. So, this concept that bitcoin is uncensorable is easy to discredit. It was never designed to be a system that acted outside of law.
It is difficult to stop legal transactions
That is different from Twitter
Privacy and resilience
yes, bitcoin does not solve political issues
bitcoin is but a tool. People have to stop thinking that they can simply hand the responsibility to a computer program and think that it will be solved. If you want freedom, you have to fight for freedom
Bitcoin does not stop your money being seized. If you live in an authoritarian country, using bitcoin could get you in trouble and may be illegal. Bitcoin doesn't solve this. What bitcoin does is leave trails and evidence so that people can take action against corrupt governments.
The problem is that too many people are downright lazy.
They expect freedom just to be free.
Freedom is incredibly expensive and requires a lot of effort to maintain.
Bitcoin gives you a tool to prove and provide evidence and then you need to do the hard work to make sure that you maintain hard-won freedoms that you have already.
CSW
Jan 17, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610878341009900?thread_ts=1610878341.009900&cid=C5131HKFX
https://t.me/CSW_Slack/2444
It came about because of WikiLeaks. Promoted by people who build sites for child porn and originally Silk Road.
I have never once mentioned in the entire history of being myself openly or as Satoshi that bitcoin was ever anything to do with this concept of censorship resistance. Bitcoin is digital cash. It is an electronic cash system that allows micro payments. Once you get more than a few hundred dollars worth of bitcoin, and you reuse addresses...
It becomes traceable and very simple to filter.
Everybody seems to neglect this one really key point here.
I created the alert key !
https://craigwright.net/blog/law-regulation/if-gold-turned-to-lead/
The introduction of the alert key allowed bitcoin to be frozen. Nodes would be able to filter stolen bitcoin addresses very easily.
This was introduced well before the concept of bitcoin being decentralised and unable to be frozen. The ability to signed messages freezing particular UTXO's would allow the filtering of individual transaction streams. So, this concept that bitcoin is uncensorable is easy to discredit. It was never designed to be a system that acted outside of law.
It is difficult to stop legal transactions
That is different from Twitter
Privacy and resilience
yes, bitcoin does not solve political issues
bitcoin is but a tool. People have to stop thinking that they can simply hand the responsibility to a computer program and think that it will be solved. If you want freedom, you have to fight for freedom
Bitcoin does not stop your money being seized. If you live in an authoritarian country, using bitcoin could get you in trouble and may be illegal. Bitcoin doesn't solve this. What bitcoin does is leave trails and evidence so that people can take action against corrupt governments.
The problem is that too many people are downright lazy.
They expect freedom just to be free.
Freedom is incredibly expensive and requires a lot of effort to maintain.
Bitcoin gives you a tool to prove and provide evidence and then you need to do the hard work to make sure that you maintain hard-won freedoms that you have already.
CSW
Jan 17, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1610878341009900?thread_ts=1610878341.009900&cid=C5131HKFX
https://t.me/CSW_Slack/2444
Los mitos de BTC /
BTC Myth
Store of value - Bitcoin gold myth
https://t.me/joinchat/AAAAAEXKSGQdOfI5cWUI2g
BitCoin isn't a Cryptocurrency - Digital Currency
https://t.me/joinchat/AAAAAFkN9nGVUn78aHVXnw
BTC is not Bitcoin / Passing off
https://t.me/joinchat/WJGEbY1pSqscchfm
1 MB block size
https://t.me/joinchat/C1SRjZeluIowZWQ0
Bitcoin Censorship Resistance
Government cannot stop Bitcoin.
https://t.me/joinchat/AAAAAFXh5kE5TES-Ja1S2g
Community project
https://t.me/joinchat/cIDSrzxKPf04NWQ0
Myth Run a node
https://t.me/joinchat/m7veOblozms5ZDQ0
Security by Hash Power Myth
https://t.me/joinchat/UlrnU3RzPqZlMjM0
Negative Gamma
https://t.me/joinchat/AAAAAEifeK9oRtxTzddQ9Q
Satoshi Nakamoto Porqué es importante identificarlo?
https://t.me/joinchat/AAAAAE-nzU1oWoSOi78KiQ
Myth BitCoin Consensus/ Voting System
https://t.me/joinchat/AAAAAFUa4h0lu-bKboKr9A
BitCoin NO King - No central authority
https://t.me/joinchat/AAAAAEj_Uni1rg3brTXY4A
Bitcoin consumes electricity
https://t.me/joinchat/AAAAAFef24k5sbgsBKF36Q
Cripto/ Bitcoin Mitos
https://t.me/joinchat/AAAAAEwgzjSwwVhyxZwu9Q
Code is Law Myth
https://t.me/joinchat/AAAAAEjbx17bM6Hwidaw_g
Crypto 51% Attack
https://t.me/joinchat/AAAAAEY8agj9gKxeZpwrVA
Selfish Mining Myth https://t.me/joinchat/AAAAAEzPJc1oRrRa-BwiAQ
Bitcoin Malleability
https://t.me/joinchat/AAAAAFInN4imd6BSU350NA
Quantum computing
https://t.me/joinchat/AAAAAEjB9xyujw7qHWkusw
Myths. Don't trust verify
https://t.me/joinchat/AAAAAEyMmBuGOy0HRu8BnA
Turing Complete/ machine
https://t.me/joinchat/AAAAAE-NhOk72eVCL44c9g
BTC Myth
Store of value - Bitcoin gold myth
https://t.me/joinchat/AAAAAEXKSGQdOfI5cWUI2g
BitCoin isn't a Cryptocurrency - Digital Currency
https://t.me/joinchat/AAAAAFkN9nGVUn78aHVXnw
BTC is not Bitcoin / Passing off
https://t.me/joinchat/WJGEbY1pSqscchfm
1 MB block size
https://t.me/joinchat/C1SRjZeluIowZWQ0
Bitcoin Censorship Resistance
Government cannot stop Bitcoin.
https://t.me/joinchat/AAAAAFXh5kE5TES-Ja1S2g
Community project
https://t.me/joinchat/cIDSrzxKPf04NWQ0
Myth Run a node
https://t.me/joinchat/m7veOblozms5ZDQ0
Security by Hash Power Myth
https://t.me/joinchat/UlrnU3RzPqZlMjM0
Negative Gamma
https://t.me/joinchat/AAAAAEifeK9oRtxTzddQ9Q
Satoshi Nakamoto Porqué es importante identificarlo?
https://t.me/joinchat/AAAAAE-nzU1oWoSOi78KiQ
Myth BitCoin Consensus/ Voting System
https://t.me/joinchat/AAAAAFUa4h0lu-bKboKr9A
BitCoin NO King - No central authority
https://t.me/joinchat/AAAAAEj_Uni1rg3brTXY4A
Bitcoin consumes electricity
https://t.me/joinchat/AAAAAFef24k5sbgsBKF36Q
Cripto/ Bitcoin Mitos
https://t.me/joinchat/AAAAAEwgzjSwwVhyxZwu9Q
Code is Law Myth
https://t.me/joinchat/AAAAAEjbx17bM6Hwidaw_g
Crypto 51% Attack
https://t.me/joinchat/AAAAAEY8agj9gKxeZpwrVA
Selfish Mining Myth https://t.me/joinchat/AAAAAEzPJc1oRrRa-BwiAQ
Bitcoin Malleability
https://t.me/joinchat/AAAAAFInN4imd6BSU350NA
Quantum computing
https://t.me/joinchat/AAAAAEjB9xyujw7qHWkusw
Myths. Don't trust verify
https://t.me/joinchat/AAAAAEyMmBuGOy0HRu8BnA
Turing Complete/ machine
https://t.me/joinchat/AAAAAE-NhOk72eVCL44c9g
Telegram
CSW 360* Store of value - Bitcoin gold
Store of value - Bitcoin gold myth
https://t.me/joinchat/AAAAAEXKSGQdOfI5cWUI2g
RamonQuesada.com
https://t.me/joinchat/AAAAAEXKSGQdOfI5cWUI2g
RamonQuesada.com
Cobbie fails to realise that the whitepaper was not in the same Sourceforge file and folder as the license.
More importantly, MIT licensing covers source code.
The PDF is not source code. But the simple part is the research paper is in a separate folder without any license.
https://web.archive.org/web/20091127010808/http://sourceforge.net/projects/bitcoin/files/
Notice - separate directories and NO license on the Wp
https://web.archive.org/web/20091128183828/http://sourceforge.net/project/shownotes.php?release_id=640697
No license in the Paper folder.
As author - I have copyright
I have also registereed.
The registration in the US is only a preclude to court action.
This is what people don't seem to understand. The people falsely filing saying that they wrote the whitepaper now have to defend. If they cannot, they either have to admit that they committed intentional fraud and falsified the filing or commit perjury in court.
They need to prove they created the whitepaper and the code if they want to defend. If they do not, that is they don't prove, then they could end up in prison
I fail to understand why people think that I work to their timetable.
The simple fact is I'm willing to take two years or more to put everything into place properly.
I am highly rational and incredibly detailed in calculating
I did note these in 2017...
CSW
Jan 21, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611221252079200?thread_t
https://t.me/CSW_Slack/2447
More importantly, MIT licensing covers source code.
The PDF is not source code. But the simple part is the research paper is in a separate folder without any license.
https://web.archive.org/web/20091127010808/http://sourceforge.net/projects/bitcoin/files/
Notice - separate directories and NO license on the Wp
https://web.archive.org/web/20091128183828/http://sourceforge.net/project/shownotes.php?release_id=640697
No license in the Paper folder.
As author - I have copyright
I have also registereed.
The registration in the US is only a preclude to court action.
This is what people don't seem to understand. The people falsely filing saying that they wrote the whitepaper now have to defend. If they cannot, they either have to admit that they committed intentional fraud and falsified the filing or commit perjury in court.
They need to prove they created the whitepaper and the code if they want to defend. If they do not, that is they don't prove, then they could end up in prison
I fail to understand why people think that I work to their timetable.
The simple fact is I'm willing to take two years or more to put everything into place properly.
I am highly rational and incredibly detailed in calculating
I did note these in 2017...
CSW
Jan 21, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611221252079200?thread_t
https://t.me/CSW_Slack/2447
web.archive.org
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1/2
If an individual such as myself can cause people to be upset, think what a government can do. The digital currency space is about to be regulated. Going forward, arguments about decentralisation will be overturned in court. I'm not talking about myself here. I'm talking about actions that governments will start taking.
There are many arguments that promoted the market price as value. These are not new arguments. Charles Ponzi used them. Bernie Madoff used them.
The price an item can be sold for is not an indication of value. The market is always easily manipulable in the short term. This is the reason regulation always ensues.
What needs to occur is use. Not arguments of store of value or digital gold. None of those matter. What does matter is digital electronic cash. A system that allows micropayments and the transaction of incredibly small value transfers.
The dot.com crash occurred in total in around ten days. On public exchanges, somewhere between two and $3 trillion was wiped off market value. If you include all of the web IPOs (ICOS today) and alternative methodologies that existed at the time, the digital currency is the time and everything else the total value was somewhere around 6 to $7 trillion US.
This was completely destroyed in under ten days.
It did not bounce, 98% of companies, ICO's, and everything else at the time disappeared. You are being told that this is value because it's on an exchange. Value occurs only when it is used.
That is not digital gold.
There is next to no value in digital gold.
E-gold disappeared in moments. Liberty reserve disappeared in hours.
You are falsely told that bitcoin is the first distributed Cryptocurrency. It is not. It is not even the one hundredth Cryptocurrency.
The first distributed Cryptocurrencies that were based on proof of work were released in the late 1990s.
Investment means understanding risk.
I don't recommend that anyone speculate unless they're willing to lose their money. I recommend people use bitcoin. Bitcoin is not merely a speculative asset but a commodity system designed to be used, exchanged and as a methodology to create a new free version of the Internet.
So, I'm not going to tell you to speculate on bitcoin like many people will. If you invest in bitcoin, you should be doing something to ensure that the value of your investment goes up. That is not merely holding bitcoin and hoping that other people do things. It is creating businesses that use bitcoin and hence aid in the development of an ecosystem that does more than promote HODL and pumping price in an internal Ponzi that will eventually collapse
When I made the comment a number of years ago saying "it might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy", I was not saying to HODL.
https://www.metzdowd.com/pipermail/cryptography/2009-January/015014.html
If you read the complete statement, you will see that I stated that it could be used. When I was saying that everyone could get some and if enough people did this I was not stating get some and hold it. I was talking about bootstrapping the system.
This quote has been taken out of context so many times and used in a maligned way to promote something that I never intended nor stated
In that comment, I had stated that we could start using it as reward tokens, that we could use it as game currency or even as payments on adult sites. I was stating that can be used on services that are nearly but not quite free.
In this, we are talking about payments of a fraction of a cent. I gave the idea of pay to send email.
Only after stating all of that did I say that it might make sense to get some because it would enable us to bootstrapped the system so that we could pay a few cents to a website as easily as dropping coins in a vending machine.
CSW
Jan 24, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611491629460100?thread_ts=1611491629.460100&cid=C5131HKFX
1/2
https://t.me/CSW_Slack/2449
If an individual such as myself can cause people to be upset, think what a government can do. The digital currency space is about to be regulated. Going forward, arguments about decentralisation will be overturned in court. I'm not talking about myself here. I'm talking about actions that governments will start taking.
There are many arguments that promoted the market price as value. These are not new arguments. Charles Ponzi used them. Bernie Madoff used them.
The price an item can be sold for is not an indication of value. The market is always easily manipulable in the short term. This is the reason regulation always ensues.
What needs to occur is use. Not arguments of store of value or digital gold. None of those matter. What does matter is digital electronic cash. A system that allows micropayments and the transaction of incredibly small value transfers.
The dot.com crash occurred in total in around ten days. On public exchanges, somewhere between two and $3 trillion was wiped off market value. If you include all of the web IPOs (ICOS today) and alternative methodologies that existed at the time, the digital currency is the time and everything else the total value was somewhere around 6 to $7 trillion US.
This was completely destroyed in under ten days.
It did not bounce, 98% of companies, ICO's, and everything else at the time disappeared. You are being told that this is value because it's on an exchange. Value occurs only when it is used.
That is not digital gold.
There is next to no value in digital gold.
E-gold disappeared in moments. Liberty reserve disappeared in hours.
You are falsely told that bitcoin is the first distributed Cryptocurrency. It is not. It is not even the one hundredth Cryptocurrency.
The first distributed Cryptocurrencies that were based on proof of work were released in the late 1990s.
Investment means understanding risk.
I don't recommend that anyone speculate unless they're willing to lose their money. I recommend people use bitcoin. Bitcoin is not merely a speculative asset but a commodity system designed to be used, exchanged and as a methodology to create a new free version of the Internet.
So, I'm not going to tell you to speculate on bitcoin like many people will. If you invest in bitcoin, you should be doing something to ensure that the value of your investment goes up. That is not merely holding bitcoin and hoping that other people do things. It is creating businesses that use bitcoin and hence aid in the development of an ecosystem that does more than promote HODL and pumping price in an internal Ponzi that will eventually collapse
When I made the comment a number of years ago saying "it might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy", I was not saying to HODL.
https://www.metzdowd.com/pipermail/cryptography/2009-January/015014.html
If you read the complete statement, you will see that I stated that it could be used. When I was saying that everyone could get some and if enough people did this I was not stating get some and hold it. I was talking about bootstrapping the system.
This quote has been taken out of context so many times and used in a maligned way to promote something that I never intended nor stated
In that comment, I had stated that we could start using it as reward tokens, that we could use it as game currency or even as payments on adult sites. I was stating that can be used on services that are nearly but not quite free.
In this, we are talking about payments of a fraction of a cent. I gave the idea of pay to send email.
Only after stating all of that did I say that it might make sense to get some because it would enable us to bootstrapped the system so that we could pay a few cents to a website as easily as dropping coins in a vending machine.
CSW
Jan 24, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611491629460100?thread_ts=1611491629.460100&cid=C5131HKFX
1/2
https://t.me/CSW_Slack/2449
Telegram
CSW - Slack Channel
1/2
If an individual such as myself can cause people to be upset, think what a government can do. The digital currency space is about to be regulated. Going forward, arguments about decentralisation will be overturned in court. I'm not talking about myself…
If an individual such as myself can cause people to be upset, think what a government can do. The digital currency space is about to be regulated. Going forward, arguments about decentralisation will be overturned in court. I'm not talking about myself…
2/2
That is not a promotion of get rich scheme as people try and make it out. However, my comments are cherry-picked and taken out of context.
Bitcoin will not survive another five years in the way that people are trying to promote it
I would love sites to start replacing pay walls with micro payment systems.
Importantly, if you buy fifty cents worth of BSV and you utilise it in accessing pay walled sites, it becomes rather unimportant about the volatility. The website that is pay walling you can either enter into forward contracts to negotiate a set payment for the amount the receiving and thus reduce volatility completely or they can sell the amounts they receive on an hourly basis collecting the income into an account that they take out of the exchange every week
In this scenario, volatility is not an issue.
The individual using it has only a few dollars. They could buy fifty dollars US worth of BSV and that would pay for their website access for several months. If the amounts go up and down, they won't care too much.
But, this is not the model that has been promoted by financial Ponzi schemers and get rich quick schemes, none of which are aiming to create any form of micro payment system or to introduce value into the system at all. And in that, good and passionate developers are being exploited into believing that they are doing something that will lead to this end when in fact it is only those in the Ponzi schemes, bucket shops that call themselves exchanges and Silicon Valley companies like Square that profit
CSW
Jan 24, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611491629460100?thread_ts=1611491629.460100&cid=C5131HKFX
2/2
https://t.me/CSW_Slack/2450
That is not a promotion of get rich scheme as people try and make it out. However, my comments are cherry-picked and taken out of context.
Bitcoin will not survive another five years in the way that people are trying to promote it
I would love sites to start replacing pay walls with micro payment systems.
Importantly, if you buy fifty cents worth of BSV and you utilise it in accessing pay walled sites, it becomes rather unimportant about the volatility. The website that is pay walling you can either enter into forward contracts to negotiate a set payment for the amount the receiving and thus reduce volatility completely or they can sell the amounts they receive on an hourly basis collecting the income into an account that they take out of the exchange every week
In this scenario, volatility is not an issue.
The individual using it has only a few dollars. They could buy fifty dollars US worth of BSV and that would pay for their website access for several months. If the amounts go up and down, they won't care too much.
But, this is not the model that has been promoted by financial Ponzi schemers and get rich quick schemes, none of which are aiming to create any form of micro payment system or to introduce value into the system at all. And in that, good and passionate developers are being exploited into believing that they are doing something that will lead to this end when in fact it is only those in the Ponzi schemes, bucket shops that call themselves exchanges and Silicon Valley companies like Square that profit
CSW
Jan 24, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611491629460100?thread_ts=1611491629.460100&cid=C5131HKFX
2/2
https://t.me/CSW_Slack/2450
Telegram
CSW - Slack Channel
2/2
That is not a promotion of get rich scheme as people try and make it out. However, my comments are cherry-picked and taken out of context.
Bitcoin will not survive another five years in the way that people are trying to promote it
I would love sites…
That is not a promotion of get rich scheme as people try and make it out. However, my comments are cherry-picked and taken out of context.
Bitcoin will not survive another five years in the way that people are trying to promote it
I would love sites…