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There is this bitcoin thing that doesn’t need trusted intermediaries. So what do people do?

Well, you build a series of bucket shop exchanges where the best of them is a joke like Coinbase that would never survive in the real world, and then you have people hold their money in accounts on these bucket shop exchanges like old-fashioned banks. You know, trusted intermediaries. And to facilitate low-cost exchange, you take daily settlements and offset between the various exchanges, sorry bucket shops, and settle the amount that each global exchange uses, similar to what Swift does.

The people behind many traditional systems and those behind systems like PayPal, such as Peter Theil, don’t want bitcoin. They want a controlled system that can act as digital gold, because digital gold facilitates banking in the traditional sense, and they can control that. When bitcoin becomes digital gold, we end up in the same scenario we saw a century ago. Most people never saw gold in their life. Gold isn’t used for daily exchanges. It has never been.

The reality is that when you have a system that is expensive to move, it becomes a good interbank settlement but not a good cash system for people. This works well for the incumbent system. Those people don’t want individuals to get out of a debt-based bank system but rather want to lock you in. The result is that we end up with a new version of the same old system as bitcoin is subverted not to deliver new innovative technology but rather it becomes captured into the existing paradigms.

Think about coinbase and square

You don't own bitcoin and you don''t exchaange bitcoin using the systems

Rather, the invention that I had that involves the exchannge between individuals is now converted into an offseet between people on banks

Do you understand why they hate me

the invention that is bitcoin is not the traditional system that all of these people are creating

I don't need coinbase

you don't need coinbase

Coinbase and square Exist only to capture digital gold and to capture the market in the traditional way that silicon valley uses

CSW
Oct 22, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1634907151127700?thread_ts=1634907151.127700&cid=C5131HKFX

https://t.me/CSW_Slack/3188
The truth is that there is no innovation but rather a devolution and the concept of digital gold.

In creating a system that enables slow high fee settlement, BTC and others have created an attempt to bring back “free banking” in the form that existed in the nineteenth century. Effectively, a system that allowed certain robber barons to become rich at the expense of everyone else.

None of this is about freedom.
None of this is about financial sovereignty.
It is about the control of the system.

Corporations such as Facebook make money and gain power by owning information. They do this by collating various sources of where you travel on the Internet, when you move as your phone gives them data and if they managed to subvert payments, everything you actually ever do ever again.

Corporations such as MasterCard and Visa want to ensure that you stay on a system that is based on debt. To this end, they link the concept of debit cards to facilitate people to move into credit easily.

Bitcoin is a unit threat to the models that are created by each of these companies. Whilst they can exist, they fear the change in the innovation that can arise from my invention. They fear that they will lose when competition opens and many other forms of innovations start to evolve

CSW
Oct 23, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1634999843225500

https://t.me/CSW_Slack/3192
Let me make this really, really clear for everyone.
After all of these cases, BTC will move because of the court. Not that it may move. Will move. There is no encryption in bitcoin, and there is no encryption in BTC. Nothing stops BTC from being moved by court order, and this is how it’s going to happen.

Note, as specifically stated that BTC will move without keys following a court order.

I made a very clear comment, don't make other comments from it

This is all very simple.

People have created a system based on my invention that doesn’t do what I wanted to do - this system of "crypto" is based on lies. They Claim it is an anti-government system.

Bitcoin is of been saying, and any Blockchain for that matter cannot be controlled outside of government rules. So the simple answer here is that this exercise will prove what I’ve been saying, and you will see a plethora of legal action started after this case. You will see bitcoin being frozen under proceeds of crime actions, and you will see tax actions. From this, you will start to see that those who act dishonestly do not have a right to hold that bitcoin or any Blockchain-based system.

The court order will have a signature.

Don't assume.

A sign on paper is a signature.

Miners who do not enforce will not be miners

When BTC is issued by court order, people will start to understand my invention.

If is not a crypto currency

The use of the word honest matters

I am the sole issuer.

And, several core devs have already stated the CAN implement this even without my help.

They just don't want to

And...

The court doesn't care.

E pur si muove or Eppur si muove

You can thank Mr Ira Kleiman for this

I never wanted people to know who I am. I wanted to remain secret.

And, Cobra shows what that does

Read my whitepaper - ANY rules can be enforced - and a court order is a rule

ANY Exchange offering an AIRDROP (NOT FORK) of BTC as this is not bitcoin will find itself without banking. Any exchange offering the airdrop will find itself without DNS. Any exchange offering the airdrop will find itself without Internet connections and pipes.

This will include something that does a shapeshift allowing for a token to token swap. Any exchange taking assets that link into swaps, including ones linked into airdrop coins, will discover that they lose banking, Internet and become subject to sequestration orders.

I have mentioned many times that bitcoin is not resilient against anti-law activity and will not survive an apocalypse. There is no bitcoin if there is no Internet.

Any miner on such an airdrop would not want to be associated to the west in any manner.

Nor in China

CSW
Oct 25, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635180524346100

https://t.me/CSW_Slack/3197
And, in a way, there always was a kill switch in Bitcoin. But is is not the technicall one people think.

Bitcoin does not survive a nuclear war.

Bitcoin does not exist without a highly interconnected society. The mythology around bitcoin is quite frankly complete bullshit. There is literally no way that you will have bitcoin surviving in an anarco capitalist world without government.

The reality here is that bitcoin is not about decentralisation and never was. The only decentralisation happens in terms of cash and SPV. The use of mining precludes a large number of individuals that people such as those in 2008 sought to bring about. They didn’t want to listen to me back then, and they talked about how they could improve my system, but the reality is, it was designed very carefully to ensure that that never happens.

We kill switch in bitcoin is not technical and also very simple. In 2009, the Australian government could have shot down bitcoin if they managed to bankrupt me as they tried and failed to do successfully.

The database is not covered by copyright under MIT. Further, database rights restrict what people can do. There are no encryption protocols within bitcoin. Bitcoin is purely clear text. It is not cryptographic but rather uses a digital signature algorithm to simplify the verification. There is no other way to verify billions of people without identity. But, that does not preclude other methodologies for enforcement, and the reality here is that these act outside of the necessary forms of control that users need. There are very few courts in the world compared to the number of people. There are very few governments in the world compared to the number of people. Governments and courts are never pseudonymous, let alone anonymous.

If I had not taken the actions I took in 2011...

Bitcoin would already be shut down

If that had occurred, it would never occur again.

The concept of digital currency was already rejected when I made bitcoin and if bitcoin failed, every future attempt would likely fail

Bitcoin enforces property rights

The construction of the Corporations overseas and the trusts Was carefully planned starting even before the development of bitcoin is a commercial project in order to isolate ownership from me

Because of the weakness in bitcoin is my ownership at the start that was transferred in 2009

If the Australian office succeeded in their attempt too bankrupt me...

The Austrian government would have owned and closed bitcoin

There would be no Domains running exchanges

there would be no Internet connections and IP addresses associated with applications

bitcoin does not run outside of connectivity requirements and naming

bitcoin does not run over anonymouus systems such as Tor

Rule of law matters - it is time people in this industry start to understand that

CSW
Oct 26, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635199476387200?thread_ts=1635199476.387200&cid=C5131HKFX

https://t.me/CSW_Slack/3199
https://twitter.com/sthenc/status/1451274440294088704

Remember, BTC requires that you help core devs commit tax fraud.

Please aid core devs in falsifying records - This is the call that you will see out there and the reality here is this is what it's about

CSW
Oct 26, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635243307414200?thread_ts=1635243307.414200&cid=C5131HKFX

https://t.me/CSW_Slack/3201
https://twitter.com/midmagic/status/1452785559840067584

MGM Studios, Inc. v. Grokster, Ltd., 545 U.S. 913 (2005), Sorry - but in 2005 the US Supreme court ALREADY decided that developers in P2P software projects ARE fiduciaries.

Funny thing.

I am winning all my cases.

CSW
Oct 26, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635246679415700?thread_ts=1635246679.415700&cid=C5131HKFX

https://t.me/CSW_Slack/3202
The false assumption is that Developers do not get paid in writing code. All corporate recoveries include a reasonable fee that is paid for the process.

In the recovery process, some of the money goes to the Dev teams.

The allocation of bitcoin by development teams. Like recovery of a lost share certificate

It is decentralised

CSW
Oct 26, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635264521419700?thread_ts=1635264521.419700&cid=C5131HKFX

https://t.me/CSW_Slack/3203