New troll narrative, "Running a full node will make you a criminal"

[Vod]

being criminalized for building an online marketplace where users decide to sell illegal substances

Illegal substances are just the hook.   The real money is selling GPS enabled suicide drones with facial recognition.   Bitcoin will make the dream of anonymous murder a reality. 

[Wind_FURY]

And who is this guy?

I feel sorry for his followers if he has any who follow him undoubtedly. He is sending the wrong message to them which is not good for them.

A simple troll, who will say anything to misinform, gaslight, and spread Fear Uncertainty Doubt. The same trolls many posters are scared of debating here in the forum.

@Wind_FURY, do you have the link of the tweet?

Edit: I spent last 10 to 15 minutes to find the tweet but it's not there: https://twitter.com/rohangrey/with_replies
Please post me the link if anyone has.

I couldn't find the link as well. Someone I follow posted that screenshot.

[pawanjain]

The tweet says not to process a transaction which is illegal but the question is how will a validator determine if the transaction is illegal or not.
Unless the validator knows the source of the transaction it is quite difficult to determine it's legality.
Also, there's no such law that validating illegal transactions will make anyone liable of criminal charges.
It's clearly a FUD.

And who is this guy?

I feel sorry for his followers if he has any who follow him undoubtedly. He is sending the wrong message to them which is not good for them.

A simple troll, who will say anything to misinform, gaslight, and spread Fear Uncertainty Doubt. The same trolls many posters are scared of debating here in the forum.

@Wind_FURY, do you have the link of the tweet?

Edit: I spent last 10 to 15 minutes to find the tweet but it's not there: https://twitter.com/rohangrey/with_replies
Please post me the link if anyone has.

I couldn't find the link as well. Someone I follow posted that screenshot.

10 minutes deep into replies and I found the link. Here it is

https://twitter.com/rohangrey/status/1334376485830893576

[AB de Royse777]

10 minutes deep into replies and I found the link. Here it is

https://twitter.com/rohangrey/status/1334376485830893576

Thanks bud. I wasted 10 to 15 minutes without any success on the other day. Guess I am not as good as you on social media :-D

I am now happy because I left him the message that I wanetd to sent him: https://twitter.com/R777btt/status/1335571016433741826?s=20

[bbc.reporter]

~
Edit: I spent last 10 to 15 minutes to find the tweet but it's not there: https://twitter.com/rohangrey/with_replies
Please post me the link if anyone has.

Most likely deleted when someone corrected him.

That particular tweet is probably related to the Stablecoin Tethering & Bank Licensing Enforcement (STABLE) Act. I think he's comparing full nodes to banks where funds are being channeled to.

I'm not sure if he's trolling but he doesn't know what he's talking about for sure.

Another article written about the Stable Act and criminalization of public node operators. This should ask the question, does Paypal have a banking charter? If Paypal begins to use the Ethereum blockchain for payment processing, will the government consider it criminal similar to other smart contract stablecoins? They are similar, they do not have banking charters and licenses.

The Stable Act is broad and this makes it dangerous.



Stablecoins aside, the bill would have dire implications for permissionless blockchains generally. The bill is intended to cover smart-contract-issued stablecoins like Dai. The logical consequence of the bill is that if any person is running software that validates Dai or other stablecoin smart contracts they will, themselves, be violating the law unless they are a chartered bank. Wisely, the bill does not appear to criminalize authoring or distributing that smart contract code because that would almost certainly face strict constitutional scrutiny on First Amendment grounds, as we’ve written about extensively.

Instead, it makes it illegal to run that software. To be clear, that software is the Ethereum network client. An Ethereum node does not discriminate between the various otherwise validly constructed smart contracts, it simply checks the math. If your software can’t discriminate between “legal” and “illegal” smart contracts, the bill’s sponsors might argue, then your choice to run that software is, itself, illegal. By targeting stablecoins this bill would have the effect of also destroying the larger Ethereum network and any other smart-contract-enabled public blockchain as necessary collateral damage.

Source https://www.coincenter.org/the-unintended-consequences-of-the-stable-act/

[Carlton Banks]

3. Forcing cryptocurrency pool which operate on US to close their business

also US based miners who construct their block templates themselves

if the US taxation plantation were an energy producer of some caliber, this would be slightly more credible. slightly.

[NotATether]

^-- does this guy not know that full nodes only verify, and don't process transactions? Miners are the ones that process the transactions by putting them in Merkle trees.

He doesn't seem to know what he's talking about...

[DooMAD]

Another article written about the Stable Act and criminalization of public node operators. This should ask the question, does Paypal have a banking charter?

Someone said Paxos do (the ones who hold the coins for PayPal), but didn't cite a source, so I'm still not certain about that.  As far as I know, PayPal merely has the New York Bitlicence.

[Walterhank]

The Crypto industry is filled with such people. You really don't know what is happening. One day you see one info and the other you see contradicting.

[Kakmakr]

Well..... then we will soon see 1000s of people running ToR nodes getting arrested for doing that.... right!     (Wrong!!)

The thing is, when a legit service is run on the Internet and you participate it that project... you cannot be held liable if that services is used for criminal actions. (Criminals use cellphones to communicate and to scam people ...Do you think the Cellphone providers shareholders and employees will be held liable for that?)  The goal of these projects does not stipulate that it was developed to facilitate crime.. go read the Bitcoin whitepaper.... you did not give consent to run a node to facilitate crime!

How many people have laundered money through Banks or used Bank accounts to scam people. How many Bank shareholders are sitting in jail for that.... or Bank CEO's and board members?

                                                     This will not stand up in court .... so just ignore it.  

[franky1]

I couldn't find the link as well. Someone I follow posted that screenshot.

typical. windfury.
from now on dont just "see something, paste something"..
instead "see something, research something, form opinion on something"
dont just copy an influencers opinion without checking it out for yourself.

its not "dont run a full node because its illegal"
its "dont run a fullnode THAT PROCESSES ILLEGAL TRANSACTIONS"
emphasis processes
emphasis illegal
this is where its not just any fullnode. but the specific ones that mine or custody vault transactions/value linked to illegal activities

meaning:
dont be a shadow chain orchestrator for a blackmarket
dont be a LN factory for channels that do illegal trades
dont be a exchange for dark markets
dont be a exchange for fiat without a money licence

[krach]

If you dont want to be liable for processing interstate commerce, dont build highways.

[jademaxsuy]

He is right though because you can be part of the conspiracy with illegal transactions if you run a computer as a node (probably full node). All I know is that transactions is being broadcast and accepted by a node to record it to blockchain and then miners will going to confirm it and place to a blockchain. But how could authority prove that you are part of illegal transactions is difficult especially that the roled of node computers is only to accept transaction being broadcast and not to verify whether transaction is an illegal transaction or not.

[milani]

I have seen encouraging signs of interest from users like Paleus, https://bitcointalk.org/index.php?topic=5295984.0

The TROLLS, whether nocoiners or big blockers, probably have seen those signs too, and have started another campaign to spread FUD and disinformation.



 

Personally I have never seen this person before you posted this here, and I would not become a follower of his Twitter page even after I tried to understand what his position about crypto is, read his posts. In my opinion this person just makes posts with his thoughts and that is all. I do not think that his is a big Troll or something like that. He comments about posts of different people, who wrote about stablecoins, decentralised platforms and so on, so it is just hus subjective opinion and that is sll  There are very many people of such kind who is sitting in front of their CPs and think that they are big experts. First of all people should think over by their own brains, who do so they will never pay much attention to such statements. All in all media is a great manipulator of our thoughts, so all information should be filtered very much.

[NotFuzzyWarm]

I have seen encouraging signs of interest from users like Paleus, https://bitcointalk.org/index.php?topic=5295984.0

The TROLLS, whether nocoiners or big blockers, probably have seen those signs too, and have started another campaign to spread FUD and disinformation.



 

One has to wonder if Rohan is one of the folks behind what Blockseer is trying to do with their tx-censored pool? Per their marketing crap they will process only 'clean' transactions which have been scrutinized by their analytics software...

Now while the assurance of 'clean' tx's may be helpful to Institutional investors, odds are the mainstream miners will avoid Blockseer and any other pool like them which censors tx's like plague.

[Wind_FURY]

I couldn't find the link as well. Someone I follow posted that screenshot.

typical. windfury.
from now on dont just "see something, paste something"..
instead "see something, research something, form opinion on something"
dont just copy an influencers opinion without checking it out for yourself.

its not "dont run a full node because its illegal"
its "dont run a fullnode THAT PROCESSES ILLEGAL TRANSACTIONS"
emphasis processes
emphasis illegal
this is where its not just any fullnode. but the specific ones that mine or custody vault transactions/value linked to illegal activities

meaning:
dont be a shadow chain orchestrator for a blackmarket
dont be a LN factory for channels that do illegal trades
dont be a exchange for dark markets
dont be a exchange for fiat without a money licence

OR, like you, he's spreading disinformation and FUD, like the wrong information that you're spreading in the forum about Lightning as a network of IOUs. WRONG.

Typical franky1.

Plus read what he said. He said, "don't run a node", not "don't mine Bitcoin".

[franky1]

Plus read what he said. He said, "don't run a node", not "don't mine Bitcoin".

the actual words are .. dont run a node that has potential of processing illegal transactions

read the full context and stop knitpicking buzzwords that suite your narrative.
the full context and message is not as you are presuming.

as for your lack of understanding of LN HTLC il make this lesson simple:
they are not 8decimal denominations. nor do HTLC get broadcast.
the settling. transaction is completely different to a HTLC.
you have had 2 years and still oblivious to the full context of LN
the bitcoin blockchain does not understand nor accept millisats.

Can anyone give the explanation on why, and how the Lightning Network can decimal places from sats to millisats again?

Between nodes that have channels between them keep accounting records down to millisats.
When closing the channels back to onchain funds they go away. You really can't trust they will exist "in the real world"

please do learn about a topic, understand a topic. then form an opinion on a topic based on the full context. not the minimal content someone has shown you and told you to promote.

as you said.
your friend told you about this topics tweet.
maybe next time spend some time learning more before making a post about something a friend tells you

[Wind_FURY]

Plus read what he said. He said, "don't run a node", not "don't mine Bitcoin".

the actual words are .. dont run a node that has potential of processing illegal transactions

read the full context and stop knitpicking buzzwords that suite your narrative.
the full context and message is not as you are presuming.

What? Was he saying pools should stop operating? Because they're the nodes that miners connect to. Why didn't he say so? Why say "stop running full nodes"?

as for your lack of understanding of LN HTLC il make this lesson simple:
they are not 8decimal denominations. nor do HTLC get broadcast.
the settling. transaction is completely different to a HTLC.
you have had 2 years and still oblivious to the full context of LN
the bitcoin blockchain does not understand nor accept millisats.

For telling you that you are sreading disinformation, NOTHING in what you said proves that Lightning uses IOUs.