Starve the beast - CSW

[Calculus99]

Starve the beast

Crypto Currency Exchanges, miners, and other related companies, have been making billions of USD in profit over the years from BTC, and will likely continue to do so.

Bitcoin is the Golden Goose that lays a conveyer belt of Golden Eggs. That is a tenacious trend that is in everyone’s interest to protect at all costs. 

CSW has hinted that his latest legal salvo is only the start. No doubt his ultimate aim is to get hold of the Bitcoin name as well as trying to cause many other problems in the space. Yes, most of his legal games probably won’t work (unless against a single person who can’t properly defend themselves because of time/money) but that’s not the point. The point is he’s going to continue to mess with the space so is a threat to the BTC Golden Goose and all the profit it produces. Think for a moment about the media’s love affair with BTC FUD? Throw in CSW and his stupid games and how they’ll love to write all sorts of nonsense. Yes, of course BTC can handle FUD, look at how it’s been eating ALL of it for the last 11-12 years but still, would you prefer more baseless media FUD or not?

So starve the beast.

How much revenue do you think BSV trading generates to the Exchanges? I’d hazard a guess, less than 2% of the total. Whatever the number is, it’s basically irrelevant in relation to the BTC revenue produced. Nice to have if you’re in the business of maximising profits but not a problem if the revenue is lost. Plus, if the majority of BSV revenue is generated from speculation against other CCs the speculators aren’t going to stop trading, they’re going to continue speculating on other crypto cross rates. So de-listing BSV might not actually reduce revenue in the longer term.

Getting rid of BSV revenue could be viewed as a strategic move to protect the other parts of your business akin to a General sacrificing part of his left flank to protect and secure his overall front.

ALL the exchanges should therefore consider de-listing BSV within the next month so as to starve the beast. CZ and some of the other big Exchanges obviously had foresight when they refused to list BSV right at the beginning. He recognised that CSW only brings problems and hassle so has been proved 100% correct. So if all the Exchanges de-list BSV that will put one big hole in the side of BSV and will in turn show CSW that his fight is against people and organisations far more powerful than he can ever hope to be.

CSW is a bully and the worst thing to happen to a bully is when they themselves get bullied by a much stronger person(s). Then they crumble.

Failure to deal with the multi-year festering sore that is CSW means it’s only going to get worse, stink worse, and be a greater problem and distraction in the future.

PS. I don’t know too much about miners and how they operate but the above applies to them as well. Stop mining BSV because you’re feeding the beast. I know Calvin also mines, so let him do everything. 

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[pooya87]

CZ and some of the other big Exchanges obviously had foresight when they refused to list BSV right at the beginning.

BSV was created On 15 November 2018 and Binance and a lot of other exchanges all listed it while the trading volume was high and it was profitable for them. Then after 6 months of enjoying the revenue, when the volume of this shitcoin started going down and some drama appeared they started delisting it on April 2019.

[gmaxwell]

More than many altcoins BSV is an outright scam-- it's value depends on an obvious lie, it's authors are fraudsters.  If these idiots will threaten to sue bitcoin developers (who wrote much of the code their shitcoin depends on!) -- will the hesitate to ship a backdoored node? -- will that notice if someone submits one?

Clearly a lot of exchanges are fine with the ethics of selling fools gold to suckers, but BSV is just a liability.

A lot of the exchanges that list BSV appear to have clearly fake volume.  So which exchanges with BSV are the ones that matter?

[Questat]

Since it's a scam, it does not help investors but it will only take their money.
Exchanges still are listing BSV because they can make money from it, no doubt about that and until there's no court order to delist this coin, they'll continue to do so. Per record, it's trading volume is over $1 billion (https://coinmarketcap.com/currencies/bitcoin-sv/markets/)

Binance IMO has improve their reputation for delisting BSV https://coingeek.com/bitcoin-sv-haunts-binance-ceo-and-causes-need-for-explanation/

I'm not sure when other exchanges will follow.

[Calculus99]

CZ and some of the other big Exchanges obviously had foresight when they refused to list BSV right at the beginning.

BSV was created On 15 November 2018 and Binance and a lot of other exchanges all listed it while the trading volume was high and it was profitable for them.

Thanks, I stand corrected.

But I think CZ delisted it because of CSW's antics at the time. Can't remember what he was ranting about at that time.

Anyway, the point stands, CSW is after the BTC name and maybe even the database. Yes, he won't win but does the industry need his hassle?

[Wind_FURY]

ALL the exchanges should therefore consider de-listing BSV within the next month so as to starve the beast. CZ and some of the other big Exchanges obviously had foresight when they refused to list BSV right at the beginning. He recognised that CSW only brings problems and hassle so has been proved 100% correct. So if all the Exchanges de-list BSV that will put one big hole in the side of BSV and will in turn show CSW that his fight is against people and organisations far more powerful than he can ever hope to be.

Not just “to consider”, but actually delist BSV as soon as possible. Exchanges should never put up with entities who are unethical, who spreads disinformation, and make fraudulent claims that are backed with legal action if you speak against them.

[WheatPrivilege]

When is CSW's bday? Asking for a friend. Let's plan a strike on all the exchanges that won't de-list BSV. We stop buying from them until they stop selling shit to us.

[aoluain]

Great idea @Calculus99

Essentially what we need is a "United Front" against BSV, cooperation between all the
vested interests of Bitcoin to shun the shitcoin.

What we dont need is another stick for the critics to beat Bitcoin with and CSW is just
a distraction, and annoyance, a nuisance, a pest.

The following groups are what I could suggest but I suspect the Media would be the
most difficult to convince but we can boycott every article with CSW and BSV by not
reading.

We the people
Miners
Exchanges
Service providers, Coinmarketcap, Blockfolio, Wallets
Gambling Sites
Media

I would also suggest a ban on both entities here on BCT, dont give them any traction
of discussion other than a Boycott discussion.

[BitcoinFX]

Agreed. Where possible, boycott everything BSV related ASAP.

- https://en.wikipedia.org/wiki/Boycott

Excerpt: "A boycott is an act of nonviolent, voluntary and intentional abstention from using, buying, or dealing with a person, organization, or country as an expression of protest, usually for moral, social, political, or environmental reasons. The purpose of a boycott is to inflict some economic loss on the target, or to indicate a moral outrage, to try to compel the target to alter an objectionable behavior."

De-list BSV now!

IMHO this de-listing should include the bitcointalk moderators locking all of the BSV threads in the altcoin section of this forum.

This is the bitcointalk forum, originally created by the real Satoshi Nakamoto ...

- https://bitcointalk.org/index.php?topic=5

Are Theymos and others not yet convinced that CSW is NOT Satoshi Nakamoto ?!?

...

Iron Maiden - The Number Of The Beast (Official Video) ...
- https://youtu.be/WxnN05vOuSM

...

EDIT: "Petition: Lock the BSV topics in the altcoin boards ... ?"
- https://bitcointalk.org/index.php?topic=5311515.0

[aoluain]

I am proud of the fact that "Boycotting" originated in Ireland, its something
which was taught to us in school and one of the few things I remember from
my History classes back then.

Just to add to BitcoinFX's post:

The word boycott entered the English language during the Irish "Land War"
and is derived from the name of Captain Charles Cunningham Boycott, the
estate agent of an absentee landlord (the Earl Erne) in County Mayo, Ireland.

Boycott became subject to social ostracism organized by the Irish Land League in 1880.
In September that year, protesting tenants demanded from Boycott a substantial
reduction in their rents. He not only refused, but also ejected them from the land.
The Irish Land League proposed that, rather than resorting to violence, everyone
in the locality should refuse to deal with him. Despite the short-term economic hardship
to those undertaking this action, Boycott soon found himself isolated...

www.newworldencyclopedia.org

A very fitting action against CSW, BSV.

[mk4]

Even though I'm personally for open markets whereas people could invest and sort of "believe" in things they want, man, this is one of those rare instances whereas I'd just nuke that crap into nonexistence if I could.

Huobi Global and OKEx are the only sort of "big" exchanges left that allows BSV trading. While I totally doubt it(because of the wasted potentially earnings), wish this move by CSW would be the last straw for them.

[NeuroticFish]

There's BCash and there's BSV. Two scam fork-based shitcoins done from second 1 against Bitcoin.
We allowed them grow and now we see the results.
Unfortunately most cared of getting extra money than thinking seriously to boycott them both from the start...


I guess that it would be nice to get everybody on social media, support, whatever ask those exchanges prove they have a spine and delist at least BSV.

[Calculus99]

The following groups are what I could suggest but I suspect the Media would be the
most difficult to convince but we can boycott every article with CSW and BSV by not
reading.

No need for to get the media onboard because they don't talk/write about BSV. They aren't interested and here's the proof -

Google - Bitcoin BSV
Click the News tab
Look at the top 30 listings.

The last time I looked (a few days ago), 27/30 articles were from Coingeek, owned by Calvin.

The other 3 were from minor websites talking about BSV price action - as in it bounced from the x moving average with y volume, next support expect at some level, that sort of crap.

Telling isn't it that nobody in the media talks about BSV when we're told it's so good it's going to take over the internet...

[Calculus99]

From the recent letter sent via CSW's lawyers to @jack at Square.

“We should add that our client, and others associated with him, have further rights relating to the Bitcoin technology and the Bitcoin name. It is their firm intention to enforce such rights in due course.”

CSW is NOT going to stop at the White Paper.

Chances are the Bitcoin name is next in his plans, then the tech/code/database etc.

Yes, it's fanciful, but still, it doesn't look like he's going to stop....

[NeuroticFish]

Chances are the Bitcoin name is next in his plans, then the tech/code/database etc.

The first commit to Sourceforge tells:

BitCoin v0.1.5 ALPHA

Copyright (c) 2009 Satoshi Nakamoto
Distributed under the MIT/X11 software license

See:
https://sourceforge.net/p/bitcoin/code/1/tree/trunk/
https://archive.is/3mJAh

And also the main.h of the pre-release at Nakamoto Institute tells:

// Copyright (c) 2008 Satoshi Nakamoto
//
// Permission is hereby granted, free of charge, to any person obtaining a copy
// of this software and associated documentation files (the "Software"), to deal
// in the Software without restriction, including without limitation the rights
// to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
// copies of the Software

see: https://satoshi.nakamotoinstitute.org/code/
and: https://s3.amazonaws.com/nakamotoinstitute/code/bitcoin-nov08.tgz
and: https://bitcointalk.org/index.php?topic=382374.0 ( https://archive.is/1x8NT ) <-- here user Cryddit also posts Bitcoin source code as it was in the mailing list.

[pooya87]

But I think CZ delisted it because of CSW's antics at the time. Can't remember what he was ranting about at that time.

The official statement on their website is vague and simply states that it doesn't meet "standards".
https://www.binance.com/en/support/articles/360026666152-Binance-Will-Delist-BCHSV
But the real reason may have been some drama on social media where the scammer was attacking different people on twitter (https://www.coindesk.com/binance-delists-bitcoin-sv-ceo-calls-craig-wright-a-fraud)

Anyway, the point stands, CSW is after the BTC name and maybe even the database. Yes, he won't win but does the industry need his hassle?

The main reason why the scammer remained at large is due to the initial attention that the community, specifically Gavin Andresen gave him. Now he just gets bolder every day and causes problem for more people.

[hatshepsut93]

Remember when there was that whole SegWit2x drama and exchanges were seriously considering that 2x will replace Bitcoin, despite the fact that it had only one developer, lmao. We have tons of evidence combined in all the years that exchanges only care about short term profit, they don't do anything to help the network or even their customers, as evidenced by their slow progress towards adopting segwit.

[Wind_FURY]

Agreed. Where possible, boycott everything BSV related ASAP.

- https://en.wikipedia.org/wiki/Boycott

Excerpt: "A boycott is an act of nonviolent, voluntary and intentional abstention from using, buying, or dealing with a person, organization, or country as an expression of protest, usually for moral, social, political, or environmental reasons. The purpose of a boycott is to inflict some economic loss on the target, or to indicate a moral outrage, to try to compel the target to alter an objectionable behavior."

De-list BSV now!

IMHO this de-listing should include the bitcointalk moderators locking all of the BSV threads in the altcoin section of this forum.

This is the bitcointalk forum, originally created by the real Satoshi Nakamoto ...

- https://bitcointalk.org/index.php?topic=5

Are Theymos and others not yet convinced that CSW is NOT Satoshi Nakamoto ?!?

...

Iron Maiden - The Number Of The Beast (Official Video) ...
- https://youtu.be/WxnN05vOuSM

...

EDIT: "Petition: Lock the BSV topics in the altcoin boards ... ?"
- https://bitcointalk.org/index.php?topic=5311515.0

I support the move. Craig Wright is malcious, dishonest, and he goes against what Bitcoin stands for. Although, it could take some very influential people in the forum, or the community in general to convince theymos to lock and censor all BSV-containing topics/threads.

[SiNeReiNZzz]

Watch out! You are only luring him...

[BitcoinFX]

Watch out! You are only luring him...

...snip...

What, this guy ?

...snip...

You are an OG Bitcoiner. What do you think is Craig Wright’s main motive for doing this? I believe it’s more than money, anything material, or notoriety. It’s something else with him. I believe he simply wants to see something good burn, and destroyed.

Indeed.

It would appear that he has narcissistic tendencies and delusions of grandeur. I feel he really needs some professional help!

He has commenced on a path to 'hijack' Bitcoin and he is failing.

It is truly "do or die" for him now and by that I mean he succeeds (in some way) or (more likely) goes to jail for perjury and/or other crimes.

...

"Like I said, the Jonestown phase of Craig #Faketoshi Wright has begun.

He will go down in flames, and take everyone around him with him."
- https://twitter.com/MyLegacyKit/status/1352960746154557441



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Generally, folks who advocate violent extremism against others, don't succeed.