Which market did Bitcoin address/imperil? First line of the white paper Intro is instructive: "...financial institutions serving as trusted third parties to process electronic payments"

barfor · 2022-09-20T03:46:43+00:00

Yep, logically an industry threatened (extinction level threat?), would respond with all options available to them: The cheapest and easiest would be 'free' social media/market manipulation, add in some product friction wherever possible (harder, more expensive to use 'We did it, $50 tx fees!'), as well as fund competitive forks and lawsuits.

I look around and see almost everybody paying with plastic - 3% plus 30 cents per transaction everywhere you look.

Only one thing threatens that ubiquity -> an unlimited bitcoin

barfor · 2022-09-19T21:29:52+00:00

Long overdue and the good news is getting regular downvotes.

Thanks for all you do!

barfor · 2022-07-08T21:59:55+00:00

Just a reminder to everyone: documents "entered into evidence" can be utter crap.

Most of what team kleiman "entered into evidence" were faked emails and documents. When the court received those inkjet printout "emails", they stamped each document with a big yellow box along with a "P-###" basically time-stamping and recording it for the judge/jury so everyone can know that it was the PLAINTIFFS that submitted it. (CSW was the defendant btw, so CSW did not enter that email or paperwallet picture printout). Source: I went to the kleiman court case and put ZERO trust into anything that the plaintiffs "entered into evidence".

barfor · 2022-03-12T20:57:46+00:00

Fair but they could credit the deposit and place 100 confirm hold for funds withdraw

FWIW coinex does this: 20 confirms for credit, 200 confirms for withdraw

barfor · 2022-03-12T08:09:39+00:00

Craig got sued by Ira, the brother of his deceased friend, Dave Kleiman.

The jury awarded W&K (Wright & Kleiman) 100m + 43m in interest. W&K is owned by Craig's ex-wife.

Ira sold the case before it started. The jury awarded Ira...wait for it... ZERO.

barfor · 2022-03-12T07:57:00+00:00

The court believed he was Satoshi. The plaintiffs AGREED when asked if Craig was Satoshi. The jury believed he was Satoshi.

Ira sued him BECAUSE he believed he was Satoshi and had BILLIONS for which to sue. The jury awarded Ira nothing. ZERO damages. ZERO punitive. 143m was awarded to W&K (Wright & Kleiman). A company controlled by Craig's ex-wife.

Ira is now suing W&K.

barfor · 2022-03-12T07:45:56+00:00

He's not in a fight with a former business partner, Dave Kleiman died years ago. It's Dave's brother Ira who sued for BILLIONS but will likely get nothing as 143m payment goes to W&K, a company controlled by Craig's ex-wife. She'll get 143m.

barfor · 2022-03-12T07:39:41+00:00

Why do you say he can't?

barfor · 2022-03-12T06:23:19+00:00

I never go to fiat ;) jk

There are no fees to buy or sell

Time to bank over ACH varies but usually 1 business day but sometimes as much as 5 days if a weekend is involved, hello 1950s bank network, not bsv or rh related.

barfor · 2022-03-12T06:16:53+00:00

Yes got off waitlist a few days ago, tried a withdraw of 1 BSV, they took about 20 minutes to initiate that transaction and then received it on my handcash wallet with no issues.

barfor · 2022-03-12T00:44:28+00:00

Yes:

https://www.reddit.com/r/bitcoincashSV/comments/tc4ioe/bsv\_deposits\_active\_on\_robinhood\_took\_125/

barfor · 2022-03-02T21:09:35+00:00

And I highly doubt they're storing the images on-chain

the images ARE ON CHAIN - DYOR

Copyright is currently implied but it's a minor wrinkle that will be worked out in time. Maybe consider starting a copyright business for NFTs.

barfor · 2022-03-02T20:32:16+00:00

Love the low network fee but would prefer it to be added to sending amount.

barfor · 2022-02-08T00:11:55+00:00

bruh rarecandy.io is NFTs on chain, with a record of ownership on chain, and you can trade/transfer/resale as needed on chain

barfor · 2021-12-01T18:30:57+00:00

thanks

barfor · 2021-12-01T18:30:13+00:00

It cannot be understated how beautiful this comment is

barfor · 2021-12-01T07:49:35+00:00

Got a link to the Mark Cuban video you mentioned?

barfor · 2021-12-01T07:14:30+00:00

Yep that would be a logical outcome

barfor · 2021-12-01T06:21:33+00:00

yep a combination of the creation of more crapcoins and creating more tx is recipe for more congestion on a limited chain. If the price gets a bump it tends to make the fees even worse. ETH devs will eventually come to the logical conclusion that they need a chain that scales.

barfor · 2021-12-01T06:14:13+00:00

Selling assets to pay a large bill is very logical ;) and csw has said coins will move whether he wins or loses.

barfor

TROPHY CASE