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The question is why do you expect that I will save you? I do what is my interest. You may like that, but you need to save yourself.

I am not here for you. I am here for me.

I build as it suits me, not as I have an obligation to you, not that I owe you.

I create, I build for me.

Others gain in that. I profit when others gain.

It is that I need to create wealth, not win a zero sum game that matters.

In a arbitrage trade, there is no profit, one loses when another gains, it is zero sum.

Profit works both ways, both parties are better off.

If only one wins, and the other loses, it is a net zero or negative transaction. It is a net loss, as all exchanges require time and time is valuable.

So, profit only is created when wealth is created.

Profit is win win. There is no zero sum path to Profit. There is redistribution. The "crypto" industry is all about swaps, redistribution. Here, one wins, one loses and the house takes the cream.

CSW
Ovcr 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635509358102400?thread_ts=1635509358.102400&cid=C5131HKFX

https://t.me/CSW_Slack/3227
Passing off occurs deliberately or unintentionally when an individual or group attempts to provide goods or services as if they are something else and the right doesn’t belong to them. It is a form of misrepresentation.

It is a form of deception. To claim that BTC is bitcoin involves many parties, but all those parties, including Blockstream, Core and even bucket shops like Coinbase, are complicit in such an action. Changing bitcoin and the fork into something else is possible under MIT licensing from a new Genesis block, but this does not give any rights to call it bitcoin.

The issue of database rights is a separate component and applies to the deception made by those promoting BTC. All of this is about property rights. It does not matter how many people vote to say something is different. Bitcoin was never a community project. It was my project and my protocol that people could have used to create value. By building upon my protocol, I provided the means to create a digital cash system and a token system that would provide many opportunities for many people, and I did this freely.

When I offer something, the terms I offer them remain the terms that bind the offer.

Passing off as a form of deception and also unfair competition. When I created bitcoin, I specifically noted that the protocol would not change. That precludes introducing SegWit, creating systems like lightning, using changes to the OPCodes that significantly vary how the system works and then passing it off as if that was my original protocol.

The deception is not only by Core. Individuals in companies like Coinbase are essential in making a deception of this type work. The concept that has been produced would not have worked without the promotion and payments by these individuals.

And no, passing off does not require intention

Goodwill and the value of an asset are difficult in many cases to determine. Still, due to the nature of Bitcoin, BTC and the other related copies that forked from bitcoin such as BCH, it becomes very simple to determine.

The entire market value has been skewed. Very simply, determining the entire market value is a difference becomes the range of damages. The distribution of damages between parties is then distributed. In the case of something like Coinbase would likely end up exceeding the value of their entire company on the market.

Just because a lot of people have been involved in deception is completely irrelevant. The BTC deception will lead to a large-scale problem for them.

The three essential elements for passing off are:
1- goodwill of the claimant
2- misrepresentation by the defendant which causes or is likely to cause deception, and
3- damage arising from the erroneous belief engendered by the defendant’s misrepresentation.


CSW
Oct 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635515371113200?thread_ts=1635515371.113200&cid=C5131HKFX

https://t.me/CSW_Slack/3230
Following MGM vs Grokster,

Arista Records LLC v. Lime Group LLC, 715 F. Supp. 2d 481 (S.D.N.Y. 2010)

This case resulted in a perminant injunction.

Under passing off and datarase rights, a failure to license can also result in the same form of injunction.

The move should occur soon (Tm)

CSW
Oct 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635527830120600?thread_ts=1635527830.120600&cid=C5131HKFX

https://t.me/CSW_Slack/3232
https://web.archive.org/web/20090131115053/http:/www.bitcoin.org/

NOTE:
Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It's completely decentralized with no server or trusted parties.

You read what that says and not what many people wanted it to mean; you will see that this does not say that every node on the network is involved in the peer-to-peer aspect of bitcoin.

What is stated is that bitcoin utilises a peer-to-peer network and prevents double-spending. It doesn’t say that every individual is a node. It doesn’t say that every individual on the network is part of the peer-to-peer network.

CSW
Oct 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635531631123200?thread_ts=1635531631.123200&cid=C5131HKFX

https://t.me/CSW_Slack/3234
The truth that nobody wants you to understand is very simple. The only nodes in the bitcoin network that are part of consensus are the miners. Every economic actor in bitcoin is under the thumb of law. If they don’t follow the rules, if they don’t follow the regulations, they will simply be shut down.

The simple truth here is that the entire mantra of people running nodes at home is irrelevant. Who cares if 1 million people run a full bitcoin Core Sybil node. The honest truth is they are irrelevant.

If they don’t want to run the legally compliant version of bitcoin that will run legal recovery and all of the other things I have been talking about, the answer is simple. They will have no exchanges. They will have no miners. They will not have GitHub access. They will not be developing outside of dark websites on Tor.

Do you really think bitcoin would be even with a dollar a coin in those scenarios?

Correct, no exchange value. Mums garage. People can mine like they did in 2009 and pretend that their digital beanie babies have value.

Then again, as windows updates, the software will eventually die.

People seem to forget that as platforms develop, the software needs to be upgraded to stay current in many older versions of software stop working.

There is no methodology for people to have software development using Github or even source forge that is outside of the reach of the legal system. The only way to do such a thing would be to create a system on the dark web using Tor - but such a system will never experience this e and will never be more than a toy and will have no real value.

Go for it, run a 10billion USD facility in Seira Leone

See how long it lasts

CSW
Oct 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635609312187500?thread_ts=1635609312.187500&cid=C5131HKFX

https://t.me/CSW_Slack/3242
People seem to believe that it would be in my interest to try and persuade others. But we’re not talking about those who can be persuaded. Rather, we have dogmatic pools that believe in a false religion. They worship nodes. They pray to them. They treat them as if they matter in bitcoin and in respect of consensus because they have been lied to by the high priests of their false religion.
There is no persuading these people. Not by words. Many, even when seeing the truth, will refuse to believe.

The only way to persuade people is by pressing them to experience truth.

If I have to, I will shut down every business that has anything to do with BTC one by one until they comply. This is not my choice, but they are illegally using my property. Until they come and negotiate and settle, I will exert pressure. If you think I have so far, you haven’t seen the pinnacle of the tip of the iceberg.

When I am done, nobody will ever believe the false mantra of social consensus.

There will be holdouts. There will be people who try and run nodes at home. And they will find that the cost bankrupts them as any exchange that touches their illegally copied version will be put out of business.

The simple thing to remember here is that bitcoin has no power over the law. There is no hidden aspect of bitcoin. As I’ve been saying, once bitcoin hits a certain size, it is well within the ability to control. If people want to try and make alternatives, they can, but with this, any Blockchain, and I mean any Blockchain that is ever conceivable, will always be controlled in this way

No DeFi system can exist outside of the ability for a court order to shut down.

The developers of such a system are liable. That is the purpose of the Grokster and Limewire cases that I’ve been putting up.

CSW
Oct 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635609861188100?thread_ts=1635609861.188100&cid=C5131HKFX

https://t.me/CSW_Slack/3244
Technically, the full value of the intellectual property that I own that is in use within BTC is valued at around $252 billion US today.

This is the intellectual property within the Kleiman case.

Every company that has been promoting BTC as bitcoin is complicit in the deception and the passing off and, in effect, the theft of my property. Every one of them, whether intentionally or not, is liable. Even now, if the price of BTC goes to 0, every one of those organisations is still on the hook for the US dollar amount based on the value yesterday.

The extent of what I'm talking about will be defined within the court case in the coming days

you can thank Ira for that

CSW
Oct 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635610412190200?thread_ts=1635610412.190200&cid=C5131HKFX

https://t.me/CSW_Slack/3246