I told you so: blockchain criminals learning they’re not above the law
Crypto bros may be forever trapped in a state of arrested adolescence, but it’s encouraging to see some of these overgrown adolescents being actually arrested.
Crypto bros may be forever trapped in a state of arrested adolescence, but it’s encouraging to see some of these overgrown adolescents being actually arrested.
In this new chapter for BSV blockchain, the message is clear: the true measure of the blockchain's value lies not in the past controversies but in the innovations of the present and future.
The COPA v Wright trial is more than just knowing Satoshi's identity; it is also about the importance of blockchain in combating digital cancer, which grows at the same pace as humanity's evolution.
Martti Malmi and Satoshi Nakamoto's communications also reveal Nakamoto's thoughts on Bitcoin's scalability and its comparative advantage over traditional financial systems like Visa.
Although a linguistic analysis of Satoshi's emails isn't going to decide COPA v Wright, it's yet another interesting point that tips the scales in favor of Dr. Craig Wright being Satoshi Nakamoto.
While the narrative about BTC being digital gold continues, one major thing that debunks this is its inability to have real productive value and utility, thus offering no contribution to the world.
Drawing a parallel to automobile innovation, the BSV blockchain faces similar issues; despite its potential to handle over 1 million transactions per second, it faces resistance from "crypto" advocates.
As the fourth week of the COPA v Wright trial draws to a close, the court heard the final testimony and cross-examination of witnesses; next week, the court will rest before closing arguments on March 15.
Blockstream CEO Adam Back was a witness to the COPA v Wright trial last week, and on the stand, he made several statements, likening changing the rules of Bitcoin to changing the rules of chess.
Ahead of the Satoshi Trial (aka COPA v Wright) that is in recess next week, let's all get together and raise our spirits with some community singing!
From the catastrophic miscalculations of Chernobyl to the economic meltdown of 2008, and a few goodies in between, the lesson is clear: sometimes, the experts get it spectacularly wrong.
While several arguments question Dr. Wright's identity, the fact that he knows so much about Bitcoin and its intricacies could make one question if he was indeed the Bitcoin inventor.
Over time, the small blockers' narrative about the Lightning Network being a solution to scaling Bitcoin is proving to be untrue, as seen in the shutdown of custodial wallets using it.
Viewers of the Satoshi Trial (COPA v Wright) may be focused on the answers given by witnesses on the stand, but oftentimes, queries by the judge could be a critical piece that could help unravel the truth.
COPA is trying to prove that Craig Wright is not Satoshi Nakamoto, and they are doing it by trying to show that his life's work and documents are all fantasies or forgeries and comparing Satoshi to modern BTC devs.
COPA may provide proof that could strike down claims that Dr. Craig Wright created Bitcoin, but what could prove this is an expert on the protocol—Satoshi himself—but the court won't allow him to do so.
As Dr. Craig Wright stands in a London court defending his life's work, viewers worldwide are getting a glimpse into the world of Bitcoin's inventor and the evidence that he is Satoshi Nakamoto.
The COPA v Wright trial not only highlights the vulnerabilities of security systems but also sheds light on corporate theft, which has been observed in numerous legal proceedings in the past.
The COPA trial is reminiscent of the film "The Man in the White Suit," with not only the main character and Dr. Wright having similar fashion style but also seemingly foreshadowing his proceedings.
This is day three of COPA vs Wright—the case that’s billed as finally proving or disproving Dr. Craig Wright’s claim to be the inventor of Bitcoin.