A purely free-market-based currency secured by economic incentives would lead to greater cooperation and remove the need for all kinds of nonsense arbitration so we could focus on the things that matter to us outside of Bitcoin.
Decentralization can be a confusing concept for some, but Dr. Craig Wright pointed out that the idea is not based on technicalities but one that revolves around trading and peer-to-peer exchanges.
Through the Granath v Wright trial, Magnus ‘Hodlonaut’ Granath has sat in the Oslo District Court flitting between expressions of vacant boredom, incredulous bemusement and bubbling frustration.
In the CBDC playbook of nChain, the risks of CBDCs were discussed, especially "loss of privacy," and the BSV blockchain is a handy tool to enhance privacy at scale.
Drawing from his experiences, Dr. Craig Wright tackles in his paper how anonymity brings power and how social media interaction can control the public's mind, leading to the distortion of the truth.
If proof-of-work distributes objective consensus to miners outside of the network, proof-of-stake consolidates power to a subjective, in-network minority.
"The Merge" not only pumped the price of ETH tokens, as opposed to what was promised, but its switch to a PoS model created a slew of issues, including turning the network into a permissioned ledger.
Joshua Henslee predicts a landslide win for Dr. Craig Wright, noting that the trial humanized the two warring camps; however, plaintiff Magnus Granath painted a bad picture of himself in this case.
Ethereum is both a security and tyranny, as staking coins via a third party remains, and the wealthiest holders combining forces to ensure total domination of the system, the article argues.
As the Granath v Wright trial goes on, BTC supporters will likely continue to see that the towering figure they have rallied behind is nothing but a technically illiterate cyber troll.
Jameson Lopp's move to meddle in the trial against Dr. Craig Wright and trade barbs with the latter's supporters exposed his real motive—to topple BSV and establish a name for himself.