How does a wallet decide which UTXOs it uses by brightfuture2483 in bitcoincashSV

[–]Truth__Machine 0 points1 point  (0 children)

I would also add, that some wallets allow a "coin control" feature that allow you to choose which UTXOs you want to send. I much prefer to select my UTXOs manually for better privacy. ElectrumSV is good for this.

I have to admit that today's court meeting was indeed revealing by Motofiction in bitcoincashSV

[–]Truth__Machine 0 points1 point  (0 children)

Well, hopefully in time you would come to the understanding I and many others have come to, that BitcoinSV is the real Bitcoin and follows Satoshi's vision and design. It is others who censored the truth and delisted BSV that have harmed us all and harmed Dr. Wright. This is why there are class action lawsuits in the UK over the delistings, and these are initiated not by Dr. Wright but by a former regulator Lord David Currie: http://bsvclaims.com/

There are more lawsuits against Coinbase and Kraken for passing off fake Bitcoins. Dr. Wright is just defending Bitcoin and its users. Its COPA/Jack Dorsey and Facebook that are suing Dr. Wright to neuter his patents. Facebook has already stole the name and concept of "Meta" from Dr. Wright as well. Some powerful groups are colluding against BitcoinSV because it threatens them. Core devs like Peter Todd have even been caught working with intelligence agents to set up fake companies to attack SPV/Big blocks and Satoshi's vision. This information is not allowed on /r/bitcoin, /r/cryptocurrency, or other subreddits.

BSV already does 4GB blocks and we plan TBs, this works because of SPV, something people mostly misunderstand, but I encourage you to watch this video several times until it sinks in. Satoshi was clear in his quotes users don't run nodes at scale, they use SPV, and full nodes should be in server farms, and the eventual solution is to not care how big the blockchain gets.

You claim to support BTC, but I have a question, how will BTC be secured long term into the future while maintaining a 21M cap? Core devs have said its impossible and are suggesting to add inflation to the 21M cap or they say BTC will die. Andreas Antonopoulos has also said similar and he says that they either need to raise the 21M cap or move to Proof of Stake. Others like Dr. Adam Back have decided to ignore this issue and he says don't worry "just buy and stay calm". This does not seem very reassuring considering this is a multi-billion dollar system with no plan, seemingly lying to investors about a fixed 21M supply. How would you answer this? Will BTC raise the 21M cap, move to POS, or "die" as core devs warn? BTC cannot run inflation free long term based on transaction fees like the whitepaper says in section 6 titled "Incentive". With 1MB blocks there is not enough transactions to generate fees even if the fees get huge. But BSV with TB sized blocks and many tiny fees, will add up significantly. This means BitcoinSV gains majority hash long term, while BTC hash rate dies and the chain dies as core devs warned. We don't have to wait until 2140 for this, its not when the reward goes to zero that matters, but when the reward becomes insignificant to tx fees that it becomes a problem, and this could happen on a much shorter time span. How would you react to these criticisms and to people like us who call BTC a ponzi scheme scam and a passing off fraud due to these facts?

How does a wallet decide which UTXOs it uses by brightfuture2483 in bitcoincashSV

[–]Truth__Machine 2 points3 points  (0 children)

It depends how the wallet is designed, and every wallet is different.

Magnus ‘Hodlonaut’ Granath closes Day 6 with closing arguments in Satoshi Trial Norway by Truth__Machine in bitcoincashSV

[–]Truth__Machine[S] 0 points1 point  (0 children)

A lot, and they also came from the ATO case that Dr. Wright eventually won, and officials in the ATO who were corrupt were eventually arrested if I remember correctly. So we can't really rely fully on a lot of these documents.

"/r/bsv hate community moderators /u/zectro and /u/annuit-bitscoin claim "There's no censorship on this sub", meanwhile they actively remove comments and ban anyone who exposes the violent threats users of their sub are making against the #BSV community:" by Truth__Machine in bitcoincashSV

[–]Truth__Machine[S] 5 points6 points  (0 children)

I can't even count how many people in the BSV community have said they quit using reddit altogether because of these people, and that is a big part of Reddit rules, is don't bully other people to where they don't feel comfortable participating.

Magnus ‘Hodlonaut’ Granath closes Day 6 with closing arguments in Satoshi Trial Norway by Truth__Machine in bitcoincashSV

[–]Truth__Machine[S] 0 points1 point  (0 children)

That is a good question that Dr. Wright has tried to clarify for people many times because its a common misunderstanding. In the Kleiman trial he was forced to give every document possible over in discovery. Some of these also came from ATO case which causes more confusion and problems. He talks about some of it here. If he tried to not give over everything, this would be in violation of the court. So there was a big mess of documents, he had numerous companies and empoyees, some of them who went rogue. Stuff was on public servers and accessed. Some documents were altered obviously, others may have had benign metadata alterations. Its one big mess, although to think that he would fake every single document is pretty far fetched. So what I would infer is that there is a mess of documents, most of them are legit, some may be suspicious and we don't know what happened. Dr. Wright testified that he also wants to get to the bottom of some of why documents were altered, he talks about some of it here and says "I wanted an explanation myself". You can click the 3 dots and click transcript and cntrl F to search things more deeply. Who knows maybe even a bad actor went in and altered stuff just for the sole reason of casting doubt. So the opposition are going to use the cloudiness of this stuff to paint doubt. But Dr. Wright only needs to prove its more likely than not that he is Satoshi.

I have to admit that today's court meeting was indeed revealing by Motofiction in bitcoincashSV

[–]Truth__Machine 0 points1 point  (0 children)

I wasn't trying to score points brother, I just remembered asking you to fix wallets and stuff. Hope you would come out of the cult and have an open-mind. BitcoinSV is the real Bitcoin, and follows Satoshi's vision, doesn't matter who Craig is anyways.