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BSV Just Keeps Losing (Hodlonaut Wins)
𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐓𝐫𝐚𝐝𝐞𝐫 𝐔𝐧𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐞𝐦𝐚𝐢𝐥 𝐥𝐢𝐬𝐭:
https://www.trader.university/email-list
In this video, I discuss Bitcoin SV (BSV) and its many recent setbacks, including the ongoing empty-block attack, as well as Craig Wright's losing the legal case in Norway to Hodlonaut.
BSV is a fork of BCH, which itself is a fork of BTC.
BSV has been steadily losing value against both BTC and USD, and its market cap is now a very small fraction of BTC's market cap. In this way, the crypto markets have voted with their feet to pick a winner-- and that is BTC.
For some reason, Craig Wright has been unable to sign a message and thus prove cryptographically that he controls some early BTC addresses.
Hodlonaut's victory over Craig Wright is a victory for free speech and Bitcoiners everywhere, in my opinion.
Craig Wright and BSV continue to seek legal solutions, rather than relying on cryptography, which would be the more normal route taken by a true cypherpunk, in my opinion.
Everything in this video is just my personal opinion, or is drawn from widely available sources on the internet.
Not investment advice! Consult a financial advisor.
Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys:
https://www.coindesk.com/policy/2022/09/15/craig-wright-tells-court-he-stomped-on-the-hard-drive-containing-satoshi-wallet-keys/
How to use a digital signature to show control of a Bitcoin address:
https://coingeek.com/brendan-lee-how-to-use-a-digital-signature-to-show-control-of-a-bitcoin-address-video/
https://www.youtube.com/watch?v=7BtxRgJD4aM&t=1s&ab_channel=TraderUniversity
Craig Wright labeled “fraud” by Bitcoin addresses he purportedly owns:
https://decrypt.co/30098/craig-wright-fraud-bitcoin-addresses
Banana Streak Virus (BSV):
https://en.wikipedia.org/wiki/Banana_streak_virus
BTC and its forks' relative market caps:
https://coinmarketcap.com/currencies/bitcoin/
https://coinmarketcap.com/currencies/bitcoin-cash/
https://coinmarketcap.com/currencies/bitcoin-sv/
BSV Suffers 51% Attack:
https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/
BSV Network Suffers Empty-Block Mining Attack:
https://cryptopotato.com/bsv-network-suffers-empty-block-mining-attack/
https://blockchair.com/bitcoin-sv/blocks?#f=id,time,guessed_miner,transaction_count,output_total,size
Bitcoin SV hashrate distribution chart:
https://blockchair.com/bitcoin-sv/charts/hashrate-distribution
Bitcoin SV Hashrate historical chart:
https://bitinfocharts.com/comparison/bitcoin%20sv-hashrate.html#3yearsold
Hashpower converter:
https://coinguides.org/hashpower-converter-calculator/
BTC hash rate:
https://bitcoin.clarkmoody.com/dashboard/
BSV Bitcoin Association statement re empty block attack:
https://bitcoinassociation.net/statement-on-empty-block-miner/
Self-Professed 'Bitcoin Inventor' Craig Wright Advanced ‘False Evidence’ in Libel Lawsuit:
https://decrypt.co/106383/self-professed-bitcoin-inventor-craig-wright-advanced-false-evidence-libel-lawsuit
Hodlonaut wins:
https://bitcoinmagazine.com/legal/hodlonaut-wins-defamation-case-against-craig-wright
https://www.coindesk.com/policy/2022/10/20/hodlonaut-wins-norwegian-lawsuit-against-self-styled-satoshi-craig-wright/
https://decrypt.co/112515/craig-wright-lawsuit-hodlonaut-norway-satoshi-nakamoto-bitcoin
Hodlonaut vs CSW meme:
https://twitter.com/NeilJacobs/status/1583092934391783424
Hodlonaut legal defense fund:
https://www.defendingbtc.com/
https://opensats.org/projects/opensats_legal_defense
My previous video on Hodlonaut:
https://www.youtube.com/watch?v=FkTbGetBSC8&ab_channel=TraderUniversity
Disclaimer:
This video is my personal opinion only.
I may have gotten many things wrong, so please do your own research and reach your own conclusions.
All citations are taken from publicly available sources on the internet, and I am merely compiling them. I may have made some mistakes doing this.
I'm sure that Craig Wright is a great guy in real life, and I wish him and his supporters well.
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#bsv
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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