I continue to be surprised by Bitcoin’s strength here. This is the first sign I’ve seen of Bitcoin actually performing like a safe haven. There’s still a long road ahead, but having its value rise against some major currencies in a time of crisis is a nice development. The US Dollar is still holding pretty strong, but I suspect that won’t last much longer. When the dollar joins other fiat currencies it might be Bitcoin’s time to shine. I remain skeptical but hopeful.
I don't doubt that there are going to be some calamities along the way as various currencies fail faster and more quickly than the dollar.. but we are likely going to continue to witness dollar milk shake theory playing out, and sure it is not really fair, but that seems to be the way that the cards are currently stacked.. so it could take a while for the dollar to be hit as hard as the other failing currencies first (and sure there is going to be blow-back because no one really likes it, even while it is happening and they likely want to attempt to cause changes to the direction - which may or may not be possible).
I hope that it does not happen quickly.. because it is already scary to be witnessing it happening. A lot of people, institutions and governments getting fucked.. and surely some people are able to protect themselves better than others. .but sometimes explosions along the way too.. so for it continues to be scary and it sucks.. even though bitcoin surely continues to seem to be an ongoingly great and decent hedge in these matters.
After covering a brief timeline of evidence against Craig Wright’s assertion to be Satoshi, Hodlonaut’s lawyer went on to discuss trusts, keys, and hash. The judge admits that she does not have a full understanding of how hash functions operate.
Huh? Really?
If so, We need some experts on the court who don't want to be anonymous. LOL
That's how courts work. Judges do not know everything, and there may be areas in which they have hardly any clue.. so the rely on the parties to make the issue clear to them. Of course, if the court feels that it is getting mislead in materially important ways, it can seek advice (or even seek information from third party sources), but usually they will not do that, they will just try to pressure the parties to provide expert witnesses in order to get sufficiently informed on the topic.. and yeah sometimes they will make mistakes because they do not understand some aspects sufficiently well, to the extent that the issue actually matters to some material question that they believe that they are answering in the case.
In this case, the question in front of the court seems to be more about whether or not Hodlonaut should be held liable for any damage that he might have caused to CSW in his proclamations that CSW is not satoshi and other denigrating statements that Hodlonaut made in that direction.. and the truth of the matter of whether CSW is satoshi seems to be more of a side issue, even though the answers to those kinds of questions can be helpful in terms of figuring out if hodlonaut is completely not responsible, and then the other question would be if the Norwegian court answers the question thoroughly enough in order that CSW would not be able to proceed with the same issue in the UK courts, which seem to be even more friendly towards defamation claims.. so in that regard, hodlonaut's team has incentives to more thoroughly resolve the matter in Norway so that it would be precluded from being raised through the UK court systems.