Long time semi-independent fiat/Bitcoin interface BTC-E has gone down with its apparent operator captured by USG and Greek pederast forces. The Stasi's press representatives are alleging that BTC-E laundered 4 billion United States dollars since 2011, this is in spite of BTC-E trading multiple tokens in addition to Bitcoin with one of the most volatile being the United States dollar. This suggests the Stasi pulled the 4 Billion dollar figure out of someone's ass to defend their favored scamcoin's honor.
This move follows the death earlier this month of Alexandre Cazes, the alleged proprietor of AlphaBay, who appears to have been killed by one of the Stasi's attempts to capture Bitcoin value via the "coke machine" method. Perhaps the Stasi feels that partnering with the Greek pederasts, with their legendary Hellenic loving touch, might give this latest captive enough life to spit out the private keys.
Miners on the Bitcoin network signaled that they would begin enforcing a new set of block acceptance rules concerning the handling of "anyone can spend" transactions, commonly referred to as "Segregated Witness". For users of the actual Bitcoin system and actual Bitcoin software, this news comes with the usual "soft fork" related increase in the risk of chainsplits and orphaned blocks. For users engaging in fringe behavior on the Bitcoin network and seeking to abuse the new "rules" surrounding the "anyone can spend" edge case, there exists incredible potential1 for "your loss".
This move by Bitcoin miners circumvents an effort advanced by assorted social engineers to attempt enforcing this new "anyone can spend" ruleset through a loud tantrum. It remains to be seen how large a pile of coins the brave and the duped are willing to amass under "anyone can spend" conditions in order to tempt miners to abandon this new "soft forked" ruleset.
The chief idiocy in the Blockstream camp is that if miners decide to stop enforcing the "soft" forks that Blockstream needs, the miners are somehow on "invalid" chains. Soft fork enforcement is nothing more than a courtesy extended by miners. Should miners trigger activation of segregated witness, and a super majority of miners later decide to stop enforcing its rule set, Blockstream is out of luck. Luke-Jr's protests about the "valid" blockchain would be as impotent as his protests about the valid Pope. So long as the longest chain that wins verifies on the actual reference Bitcoin client, life goes on.
There are hazards to artificially trying to introduce new levels of trust to a system that doesn't require it. Softforks that explicitly create an incentive for their own revocation create an extraordinary moral hazard
This week, following yet another failure by legacy legislative members of the GOP to end Obamacare, United States President Donald Trump summoned GOP members of the Senate1 to a luncheon where he issued them an ultimatum. They must begin selling! President Trump even singled out a Nevada Senator, Doubting Dean Heller, and challenged Heller on his presumed desire to remain a Senator (archived). Only eight of the thirty three US Senate seats being contested in the 2018 mid term election are currently held by the GOP. This places non-compliant, legacy, GOP Senators like Doubting Dean vulnerable to challengers during this coming spring's primary season as Trump's GOP moves towards greater purity and ability.
The luncheon's lesson is that in Trump's GOP, faith without works is now dead. Private professions of faith and muted announcements supporting the cause are no longer enough. GOP legislators must begin the work of selling the Trumpreich's agenda or they will be purged as the party resolves its schisms. Eight years of Hussein Bahamas, where the GOP existed as a hollow and lazy opposition party doing little other than serving to legitimize pantsuit's pretensions of purpose, allowed Trump to capture the party. Now that Trump has the GOP, he will have his way with the GOP.
Minus the lich John McCain who has been revealed to have aggressive brain cancer. Presumably McCain has failed to maintain personal possession of his phylactery. ↩
The darknet market Alphabay has been shuttered. One alleged operator, Alexandre Cazes, died in a Thai jail cell following his arrest. His captors insist Cazes was found hung, implying his death was a suicide. Given the recently departed's alleged position in relation to a sum of value in Bitcoin, more sinister explanations for Cazes' demise are possible and likely.1
The USG, fiat aligned, domain squatters at Bitcoin.org are hyping a supposed "network disruption" which they hope will follow their latest effort to fork away from actual Bitcoin. The effort fronted by known sleeze Luke-jr (WOT:luke-jr) has been dubbed by the social engineers a "User Activated Soft Fork", and in this scheme the vermin attacking Bitcoin are attempting to dupe would be Bitcoin users into running their software instead of an actual Bitcoin node. The idea is that by creating the impression of easily faked support, the social engineers may bully miners into accepting a forking away from Bitcoin and into something lesser.
This effort, supported almost entirely by assorted USG stoolies and assorted single language anglophone social engineering victims, is the most transparently desperate effort so far to undermine Bitcoin by imposing governance outside of The Most Serene Republic. It remains to be seen how many persons supposing themselves involved in Bitcoin will be victimized by Luke-jr and his co-conspirators when this latest fork's "flag day"1 passes.
Yes, a flag day. Because desperation has lowered these pests into "throw a coordinated tantrum" as a strategic maneuver. ↩
Fear of the late alt-Soros Zbigniew Brzezinski has now faded to the point that it can no longer protect his daughter from the fact that she is not very smart and has now become old. In a tweet United States President Donald Trump told the story about how Brzezinski's daughter and her pet, the failed congressman Joe Scarborough, attempted to abusively parlay their early appearance of Trump support into a quid pro quo favor trading relationship in spite of the President's ethical reservations. Since the incident the late alt-Soros' daughter and her pet have dedicated their talkshow to spewing an unending stream of animus and resentment at the president elect.
Legions of old women, pantsuit loyalists all of them, proceeded to wail about how wrong it was for Trump to shame the old hag for bleeding all over his resort while she recovered from cosmetic surgery intended to conceal her advanced age. Brzezinski's daughter entered an engagement to marry with her talk show co-host Scarborough once the elder Brzezinski's failing health satisfied Scarborough's concerns that the alt-Soros was in fact a mortal homo sapien and not a lich or other undead eldritch horror.