Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?

denis bider <> Tue, 27 April 2021 00:38 UTC

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From: denis bider <>
Date: Mon, 26 Apr 2021 19:38:21 -0500
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To: Phillip Hallam-Baker <>
Cc: "Salz, Rich" <>, "" <>
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Subject: Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?
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Now that I've pointed out the probable hoax nature of anthropogenic climate
change, a few words on the value of cryptocurrencies.

As far as I know, no cryptocurrency has yet solved the scalability problem
so it could replace a network like VISA.

Bitcoin (BTC) has been captured by banker types to limit its transaction
potential. This remains at ~7 transactions per second, when VISA can handle
tens of thousands. A majority of the Bitcoin developers were hired by a
company run by hedge fund types, and these then restricted BTC to remove
its growth potential. In this form, BTC is now viable only as a custodian
solution - virtual property that you pay some banker to hold on your
behalf. BTC just completely lacks the transaction capacity to even onboard
most of the population if they wanted to use it. It is now a parody of its
original intent.

Other cryptocurrencies are not similarly hobbled. One of these is BCH
(Bitcoin Cash), which retains developers who didn't sell out. This and
other cryptocurrencies can process hundreds of transactions per second,
while the banker-owned media lionize the hobbled BTC (on purpose). Even so,
all cryptocurrencies of which I know are far from VISA-level scalability.
The solution is always "a few years down the road", but this may never come
because it's not an engineering problem. It requires a breakthrough of
similar magnitude as the invention of Bitcoin itself.

Clearly, our centrally controlled solutions are more efficient. The problem
is, these centrally controlled solutions allow for centralized control, and
this centralized control is being used to undermine democratic processes.

Cases in point:

(1) Andrew Torba, the founder of the free speech social network Gab, is not
only unable to accept credit card payments to fund Gab, but his entire
family has been blacklisted by credit card companies from using credit
cards personally. Literally, his entire family that lives at his address is
unable to use credit cards:

(2) Gab is blacklisted from simply having checking accounts with banks. The
company keeps opening accounts with new banks, and a week later the banks
decide to close them:

(3) If you rely on mass media for your information, you might be forgiven
for not knowing that a massive forensic election audit, the first of its
kind in the US, has started in Maricopa County, AZ. This comes after 6
months of the Arizona Senate fighting the Maricopa County tooth and nail to
cooperate with the audit, after having all possible dirty tricks thrown at
them. The tricks continue: Democrats have sent 73 lawyers and legal staff
to stop the audit through the courts. If that fails, word is that they've
sent in antifa from Portland.

Election fraud occurred in states that are compromised deeply enough so
that the executive branch can be counted on to prevent audits. In Georgia,
Kemp almost permitted an actual audit. Then his daughter's boyfriend was
blown up in a car accident that looked like a thermite explosion. Kemp then
quickly backtracked on the audit.

In Arizona, Doug Ducey is a governor like that. He has refused to provide
security for the Senate's audit. So the Senate contracted for security with
Arizona Rangers.

This prompted PayPal to suspend donations to Arizona Rangers. On Saturday,
the PayPal donation link displayed "This organization is currently
ineligible to receive donations." (I checked again right now and it appears
that for the time being, service has been restored.)

These are the problems involved with someone having centralized control of

Even if cryptocurrencies are not currently good enough; even if they are
wasteful; they are a welcome lifeline as a backup.

We must defend the ability of those who have been "unpersoned" by banks to
at least be able to use cash and cryptocurrencies.

If those who control payment systems can "unperson" people; and can do so
for "offenses" such as operating a free speech platform, or for securing an
election audit; then there's no limit to what they can control.


On Mon, Apr 26, 2021 at 6:18 PM denis bider <>

> > As a human being living on a planet threatened by environmental damage
> from CO2 emissions
> This is probably false. You believe it because you've been bombarded by
> messages about it from manipulated media. You spend your time focusing on
> your own work. You are doing your work honestly, so you trust that other
> people are doing honest work as well.
> This is not the case. The anthropogenic climate change narrative is most
> likely false. The world is not warming and does not face harm from CO2
> emissions.
> Who are the people who want you to believe the climate change narrative?
> - The IPCC, which is an agency similar to WHO and has a similar amount of
> credibility (this is: none). ClimateGate emails have shown the IPCC to be
> driven by ideology and to use dishonest science in pursuit of their goals.
> Despite claims that subsequent studies have vindicated the research, these
> studies were as limited as possible and made minimal findings.
> - Mass media, which are basically run by intelligence agencies and have
> consolidated into about 6 corporations. Their narratives are not driven for
> clicks, they are driven for control. If you observed the mass media
> reaction to 9/11 and the universal support of the subsequent Iraq invasion,
> you may know this. If you observed the mass media reaction to the
> fraudulent November 2020 election, you know this. If you observed the mass
> media reaction to Covid-19, the universal support for lockdowns that
> achieve nothing except bankrupt the middle class on purpose, pointless
> masks that do nothing but engender obedience, and outright malicious
> censorship of vaccine side effects - then you know this.
> If you do not know these things, then all I can tell you that Dan Kaminsky
> died a few days ago after a Pfizer vaccination, which he got on purpose to
> "encourage others to get vaccinated" in his tweet on March 22. The mass
> media are reporting his death as from complications from diabetes, and
> playing down any relationship to the vaccines. Dan Kaminsky joins other
> notable deaths that coincidentally came after Covid vaccines, including
> boxer Marvin Hagler, baseball legend Hank Aaron, Larry King, rapper DMX,
> and thousands of everyday people. The vaccine deaths are common enough that
> I know some of the dead myself. I still don't know anyone who died from
> Covid.
> The mass media are lying to you, and this is not by accident, it is on
> purpose. They are lying about the election, about Covid, about vaccines,
> and about climate change.
> - China has signed up to the Paris agreement, but its obligations do not
> start until 2030. Until then, it is free to build coal power plants, which
> it does with gusto. As far as China is concerned, "climate change" is a
> great way to get the West to completely tank its manufacturing, so that we
> can be dependent on China for all production. This allows them to take over
> the West without firing a shot, a coup which they have almost completed in
> Australia, Canada, Europe and now also the US.
> - There is a globalist elite that rules the Western world. We have now
> seen conclusively that they control most corporations, media and government
> agencies, have done so for decades, and they're not elected. These people
> have more in common ideologically with China than they do with classical
> liberal principles of the West. With the advent of the internet and social
> media, their control over the narrative has slipped, and they must now rule
> openly. The US constitution is being thrown away and the people are being
> indoctrinated to accept more of a Chinese style of rule.
> Climate change is helpful here because it leads people to believe that
> there is this worldwide crisis that must be solved, so if we empower the
> globalists, we sacrifice "some" liberties but it's for the benefit of
> saving the world.
> There is in fact no such climate catastrophe. There hasn't been since
> 1989, when the UN predicted that "whole nations will be wiped out" if
> radical measures aren't taken by the year 2000.
> That was 21 years ago, and still the world hasn't warmed.
> If you want to educate yourself on this, you'll need a few hours.
> I recommend this very entertaining lecture by Malaysian scientist Willie
> Soon:
> Judith Curry:
> Christopher Monckton:
> ClimateGate emails - 10 years after (PDF):
> ClimateGate emails (PDF):
> If you believe in climate change, it is your civic duty to educate
> yourself, because this is the overarching narrative that is pushing is into
> a worldwide dystopia based on the Chinese model.
> Our work means nothing, our lives mean nothing if the world is allowed to
> unfold like this.
> denis
> On Mon, Apr 26, 2021 at 12:29 PM Phillip Hallam-Baker <
>> wrote:
>> As a human being living on a planet threatened by environmental damage
>> from CO2 emissions, I am strongly opposed to any IETF work to support any
>> form of purported 'cryptocurrency' that relies on any form of 'proof of
>> work' or 'proof of waste'.
>> The electricity requirements of cryptocurrencies have been larger than
>> that of entire countries. This is an experiment that it is time to stop.
>> I am entirely serious in this position.
>> Besides the environmental issues, there is the fact that the
>> crypto-currency community has consistently failed to establish any
>> effective means of preventing the endemic frauds in their systems.
>> Fraudulent exchanges regularly steal money from their customers.
>> Applications developed by individuals with minimal expertise are used for
>> transfers of vast quantities of fictional cash with no effective oversight
>> and this results in further frauds.
>> The cryptocurrency community has a long history of misrepresenting the
>> engagement of parties with established reputations as endorsing their
>> 'product'. And this presents real risk to the IETF when the least
>> objectionable use of the product in question is to evade currency controls.
>> Cryptocurrency became popular as a means of paying for illegal drugs and
>> has since become the enabler for ransomware.
>> The cryptocurrency world has no shortage of people who will trash anyone
>> criticizing their activities as 'stupid', 'uninformed', 'need to do some
>> research'. Fine, let them sort their own messes out.
>> IETF should take no action that risks a headline 'IETF endorses
>> cryptocurrency'. If the ransomware, child abuse and Ponzi scheme industries
>> have a problem as a result of a bad technology decision, we should not lift
>> a finger to save them.
>> The only conversations I want to have on cryptocurrencies is with
>> government regulators looking for ways to regulate these criminal
>> facilitation enterprises out of existence as they previously did with
>> eGold, Gold Age and BTC's very long line of predecessors which like BTC
>> were entirely different but completely the same.
>> On Sat, Apr 24, 2021 at 10:57 AM Salz, Rich <rsalz=
>>> wrote:
>>> >    There may be one way: holding implementers accountable.
>>> >    They relied on a draft. As such, they took a gamble. Now they lost
>>> that
>>>     gamble, and gambling ethics dictates that they pay up.
>>> Yes.  Strongly agree that this is the best approach.  This is a *DRAFT*
>>> It would be like implementing Rijndael and then complaining that it has
>>> bugs and isn't AES.
>>> Contact the people who developed and put things into production.
>>> _______________________________________________
>>> CFRG mailing list
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>> CFRG mailing list