DCG is grayscale. (insider knowledge/management)

greyscale(as legal entity "on the papers") owes debt to DCG

DCG(as legal entity "on the papers") is major older of GBTC shares

if grey scale showed any wobble in its accounting it cant escape. i see the smart business plan is for DCG to claw back its position first. get out its assets and demand all returns on debt first.

then let greyscale do as it pleases as in share out whats left to other creditors or liquidate

kraken is part of the DCG so knowing DCG has lots of exchanges. ofcourse they are paying into the COPA which is then funding the kraken case

i know that it seems like a lot of addresses to churn through (over 800 addresses) but if an outsider can find the collateral . then certainly greyscale themselves can.. and publish regularly the totals and address list to be validated easily at any time by anyone that enquires.

if grey scale dont have to hand a readily available list of their cold wallet addresses themselves for internal auditing and security checking. then thats bad practice

isnt a poof of steak
the gas released after 6 hours of locking it into the digestive system

people need to think of a exchange as that.. an exchange. like when you go to a travel vacation money exchanger. you swap your currency and take the other currency out and keep it with you. within minutes of leaving the service.

leaving it on the exchanges counter thinking its safe there to leave and you can come back later and claim it .. is not something people usually do when they do currency conversion in the real world


those using it as a day-trader account. dont put your lifes worth in an exchange to put on a market order. only put in 5%-10% and day trade the hell out of the market wiggles of 1%+
those small 1% often add up. dont risk more then you can afford to lose on a gamble that the market will wiggle by 10% in a short/mid term length

for those used to the banking system of savings accounts
learn quickly that crypto-custodians dont have the same customer protections and assurances as banks.
read the TOS user agreement about when does the custodian accept liability for loss. or what policy they have about closing account.

if it reads as "company accepts no liability for loss, by using the service you agree to terms"

if it reads as "at company sole discretion, at any time, without notice, for any reason"

stay away

yes theres more "freedoms" about withdraw limits and such in crypto. but your funds security is more at risk.

meanwhile

the newbies and long term PC users will actually go to their retailer and see computers with multi TB hard drives. sign up to a telecomms internet provider and see that are getting more then 56k internet.. and more like 5-500mb/s internet

and realise, yea windfury has self admitted mental health issues

i still have no logical reason why a guy like him, and his girlfriends waste so much time on a story that been debunked even by the devs that first promoted it.
there is soo much information out there people can easily see and verify.
i can speculate a few polyamorous reasons. but thats speculation

and to all others that sound like windfury
its 2022 and you can get a 1TB storage and it does not need not some large server datacenter to store it.

it is actually smaller then the width of your finger or a postage stamp
research: 1tb micro-sd

yep they exist
the great thing about information. is you can actually find it if you look and verify it using real world exploration

bitcoin allows me to:
-store funds where there is no withdrawal/daily spend limit.
-check my balance without need to prove my identity/control of account. i just explore address
to set up trusts for my relatives .. without the need of a bank manager/lawyer
list goes on, many features bitcoin offers that fiat does not

with fiat you need a bank manager and lawyer you have to to explain why you want a trust and they assess if they should allow it and set it up, and charge you for their involvement
in bitcoin i just make a new multisig address and send funds to it.  so that it takes more then one relative to use the funds.. no bank manager no assessment no middleman . just me sending funds to a multisig. ..done



i got into bitcoin in 2012. im no where near retirement. but i no longer have to work thanks to bitcoin.

if i tried to use fiat to get me rich on fiat solutions/products. id still be working now

..
if i want to move money to another country. i dont need a suitcase of cash that needs to be searched at the borders. i dont need a debit/credit card which the border security can balance check. all i need is to do is memorise 12 words or have a private key wrote down that is not obvious and there i go

..
if i wanted to set up some off shore account in fiat i need accountants, lawyers and also proof of ID that im a citizen/or i domicile in another country. with bitcoin. just make another address and its disassociated from an address someone may know locally. no lawyers no ID check no accountant.
..
if anyone asks is this your money. in fiat its usually a name attached to account or found in a vault or house safe in a way that can be linked to me..
in bitcoin i move funds anywhere i like and they cant prove i have control of funds or that those funds belong to me. unless i choose to tel them

in fiat they have ways to seize funds without my permission or knowledge.. with bitcoin, goodluck to them trying to brute forcing the blockchain

please observe

i was discussing the pegging.. and you went full avoidance by talking about other features..

when you start to realise that when people are told to download some free phone app for lightning and see 0 balance and they use an exchange to deposit bitcoin and the exchange then routes them inbound msat.. they think they are getting 1:1000 rated msat..
little do they know how easy it is in just 1 line of code to have the onion payment conversion to commitment actually be a 1:200 rate. and they only learn the hard way when they try to settle the channel..

do you get it yet. lightning does not have a network wide consensus to actually audit payments and value to make sure what someone holds is actually what is owed to them

oh and lightning is federated. but lacks the blockchain bit too
you are federated with a channel partner. and separately someone else is federated to your partner. and they are federated with someone else

you can only make a payment if all federations along the route are online and will agree to authorise payment through them.

LN is permissioned because it needs someone elses permission(co partners signature. route onions approval to forward onion payment and send back acceptance with key
as for trust

well you either hand keys to a watch tower so you can sleep. or stay awake watching your partner doesnt broadcast a old state.. oh wait if you want to sleep without a watch tower.. you need to trust your partner

take the utopia away and try for one month to do some critical thinking. imaging you have value in lightning and you really want to scrutinise it for bugs and flaws. instead of be hopeful and dreamy about it.
start finding the flaws. the ways that a counter party can dupe you out of your value.

then you might learn something

when a business has done something criminal. CEO dont always go to jail

did HSBC ceo go to jail for money laundering
did JPMorgan ceo go to jail for money laundering

it could be a buffet/enron thing.. = criminal charges against CEO
it could be a HSBC/JPM thing..= business fine at probably an amount equal to X days business profit

what you say is about cryptocurrencies themself (self custody)

but when it comes to businesses, there are some rules.. but when it comes to businesses. a business is not human. you cant put a business in to prison
business can be fined where the associated bank accounts can be seized.

however business law also allows the CEO lots of loop holes to escape business mistakes

it then has another threshold of evidence needed to make a business mistake a mistake of the CEO

most of the time a CEO will find a scape goat. like a disgruntled employee to point the finger at.

this threshold to put the blame on the CEO also comes with things like was it inept practice of just not having any accounting skills to secure assets. or was it malicious action of the ceo purposefully deciding to move assets/spend assets

i personally want him jailed. but its never that simple

all of the FIAT financial sector is a sham

take setting up a business. (watch shows such as sharktank/dragons den)

salepitch happens, then the request
$100k for 5%

this puts it at a valuation of $2m even though there is only $100k in the business. plus that business probably already in debt by more then $100k before the pitch meaning that $100m might get spent quick

then next season of investor are not buying 1% of $100k. but 1% of $2m. again there is not $2m in the company

no one bats an eyelid as long as the business can show activeness of work activity in the business or demand on the market to swap the 1% $20k (a 100% rate of $2m)

when it all goes bad. then and only then do people finally see the business only ever had $100k all along

and everyone thinking they will get $20k for 1% only get $1k for 1%

..
FTX did NOT ever have $32billion to back up its valuations EVER
at most they probably had $7b. but not in FTX collateral. but as assets under management of customers funds

FTX only had legitimately les than a couple billion of business collateral legally owned by the business

CSW claims about the defence.. are not fraud. EG hodlonaut did say some insults..
but its frivolous because hodlonaut didnt start it all. hodlonaut didnt damage an already damaged rep. because you cant break an already broken plate.
you cant claim damages against a person that didnt cause the actual damage


what CSW claims about himself are fraud, you are right

CSW claims about kraken are that kraken use the terms bitcoin and BTC
which is correct.
whats frivolous about is is the real creator satoshi 12 years ago said that BTC was bitcoin and was open source with no owner or copyrighe owned by anyone

what CSW claims about himself are fraud, you are right

wisdom from inside oneself

i was thinking that putting 'scam bankman fraud' in prison would set a precedent that boiler rooms scams are not wild west freedoms any rat can scurry around in and get away with it.

but then. if rats get afraid of possible prison time too. they probably would shut down their operations quick and scarper off with their customers funds out of state.

yes 'scam bankman fraud' should be banned for life from ever doing custodian/ financial manager, exchange based businesses again

and if not prison. walk upto every investors house and allow each investor face to face have their say.. where  'scam bankman fraud'  has to take his lickings of abuse from each. aswell as declare he will for the rest of his life work for minimum wage living in a slum apartment(lifetime probation/monitoring) and all other incomes go back to making reparations

its like nato asked a president if he needed funding or a apache
a president then done a AMA interview on camera explaining he has been offered options which he wil explain. where he on AMA said he didnt need funding  but another option is a apache attack which he could do with in a couple days. and then a few hours later said he doesnt want to use the apache plan nato told him about that morning

if your trading patterns are based on social media.. deactivate your social media accounts

the main issue for some is this

a. those already holding want huge spikes. and then want to find someone to buy it off them at the peak

b. they advertise it to newbies as a get rick quick scheme

c. they sell to newbies at the peak.

d. the newbies think that the current peak will re-peak in just a few months

reality is they see the correction from the premium back down to the value line where its meant to be supported
..

heck in 2012-13 i liked to pump and dump too on btc-e, it was fun and profitable, not gonna lie

however since then i have tried to do the correct thing. tell people to buy low sell high and hoard in the middle
i dont advertise bitcoin as a get rich quick scheme. i instead tell them about the long term retirement plan version. the "hodl" "stack sats" scenario as some call it now

bitcoins longevity is far longer than peoples lives (2140+)

those trying to compare it to tulips. need to realise that even 300 years later people still buy tulips.. (go to any garden center and see thme for sale)
businesses make profit even now selling tulips. so forget the ATH of 300 years ago, which no one now ever personally experienced.
ATH are meaningless in the grand scheme of things. temporary events, not the sustained value bottoms.. also. tulips are not limited supply asset. so no comparison

instead look at markets today and opportunities today to buy cheap and sell for profit later of a deflationary asset that WILL buy you more baked beans and bread and potato chips when you are older

due to laws like the bank secrecies act*.
you have no privacy when using currency..

*which is what allows financial services/exchanges to gather information on customers and look for suspicious activity and report it to governments.

due to property laws*
your a slave to a businesses policy

* businesses are the property of the business owner. and the business owner has full rights over what they allow and disallow when it comes to their property. dont enter/use the business if you dont like the terms. but atleast know the terms to know what your getting into

what people need to do is learn these basic stuff that have existed far before we were all born. and instead of crying that its a fight.. instead USE the laws to OUR advantage

disrupt the norm
much like how Uber disrupted the taxi cab regulations

when bitcoin was lobbied to be classified as a currency in 2013-14 that "mainstreaming" promotion was actually the gate opening to allow the SEC in

yep before 2014 exchanges were not money transmitters. they were treated like merchants/auction houses/ retailers selling a good/product/property

we could lobby again to re classify bitcoin back to being a property. where we gain more control over the system and its utility and control.

as for the businesses that have policies that upon deposit the coins become theirs and its at business discretion what they allow users to do inside their service.. or not allow them to do.. set up new businesses that in policy treat customers fairly with easy to read terms which are in aid of the customer not against the customer

satoshi is not an uncommon name in japan

so satoshi name origins could be something else, and most probably is. because just saying it must be pokemon is like saying burnt wood is named after the main character of pokemon(ash)

its like someone trying to derive where my username came from by just lame searching the most famous reference of someone called frank

however for instance my franky username is a multi layered reason.
it stems from stamps.. (franking) which there was alot of civil dispute over stamp duty in early british-US history. which caused people to want a new economic system and a separation from british government economy..
..much the same as reasons bitcoin genesis happened.

also my forum persona is not to be a kiss ass go with the echo chamber mantra. but instead to speak frank(straight to the point)

(jokingly) i prefer the satoshi name origin story
samsung
   toshiba

nakamichi
       motorola

or because satoshi liked cryptography and puzzles:

all windfury can do is insult and play victim

i have linked him and his girlfriends everything below before multiple times over a couple years. which is why now instead of re-linking him again. i just tell him to go research.. because he knows the information is out there, i know its out there he just needs to go look at it himself and realise it.

i say go research so he can independently verify it

so one more time. here goes
so fact DCG funded blockstream
https://dcg.co/portfolio/#b  oh look blockstream

DCG ceo is barry silbert
https://www.linkedin.com/in/barrysilbert - oh look founder and CEO

barry done the NY agreement
https://dcgco.medium.com/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

does the mandatory flags exist
https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki

were the mandatory flags deployed
https://i.redd.it/7putyzz1flv01.png

yep
blue line is the NYA flag threat which reached its threshold to stark orphaning/rejecting blocks that dont flag the red segwit activation..

if you look at the near perfect diagonal red line at end of july (before activation) you will see that is a unnatural event caused before activation triggered the activation (perfect 100% is unnatural in a diverse system unless someone has removed/rejected/orphaned those not voting)

now dont go playing the fool by playing victim of some mental ilness to excuse yourself. actually stop listing to the playlist of your buddy/girlfriend and instead for once do some research . it only took me 10 minutes via google searches to collate the information

now why would you waste years avoiding doing the research and blindly follow your girlsfriends words that cannot be backed up by actual data.

yes the block flags exist in the blockchain of immutable data that has now 5 years of confirms depth security to ensure that the flags have not been edited.

if you wish to say blockchain data is wrong and false. then you have no idea how bitcoin works

please just do some research instead of wasting time in denial and social group "kumbaya"

as for facts of this topic.
multiple TB hard drives exist
wireless and cabled internet of over 5,25,50 and 100mb/s+ exist

and as for the myth that segwit increased the transaction count norm.. it didnt
https://api.blockchain.info/charts/preview/n-transactions-per-block.png?timespan=7years&h=405&w=720