Gm.HODL

Bitcoin: an always on global database for overthrowing regimes that object to US war crimes.

Ambitious opportunist.

Often crypto satire. Not financial advice.

[Gm.HODL @GShodl]

Be Bitcoin.

Be suddenly the generational overclass.

[Gm.HODL @GShodl]

Sweet Mother of Crypto it's the beginning of your new dynasty.

[Gm.HODL @GShodl]

Are we doing $90k all over again?

Bitcoin.

[Gm.HODL @GShodl]

Bitcoiners trying to hold $70k when their blockchain can be spam attacked at any moment, and it's not a joke.

[Gm.HODL @GShodl]

Nope, that wasn't the dip you were looking for.

[Gm.HODL @GShodl]

@meCal3b @ALeighMP Until or unless BIP-110 is adopted your node can still receive toxic JPEGs as part of the blockchain data if it is mined into a block by a compliant (corrupt) miner.

I assume BIP-110 will be adopted, my concern is the scammers will Spamson Option once they know the game is up.

[Gm.HODL @GShodl]

@meCal3b @ALeighMP Technically right but Bitcoin is not Bitcoin anymore since Core v.30 permitted miners the ability to spam your node with toxic jpegs.

A solution is coming but it's possible the chain will be spammed with toxic JPEGS mined by the scammers on their way out.

[Gm.HODL @GShodl]

Why?

Everyone wants to know if the chain will be spammed with toxic JPEGS mined by the scammers on their way out.

[Sean Harris🏀 @BigSeanHarris]

Unpopular Opinion: The Bitcoin Bear Market will continue until BIP-110 activates.

[Gm.HODL @GShodl]

@timecoiner @hodlonaut Can it get there without a spam war with Jpegs?

[hodlonaut #BIP-110 @hodlonaut]

Who would have thought that facilitating non-monetary use of Bitcoin would be bearish for Bitcoin as money…

[Gm.HODL @GShodl]

@BedeBecketBacon @goodcharls Interesting idea. In the New Testament spirits and angels exist. You could call those aliens but what's changed is what we are supposed to think aliens are.

Often portrayed as unhuman and hostile.

[Evan Luthra @EvanLuthra]

🚨THE FBI CREATED A FAKE CRYPTOCURRENCY.. LISTED IT ON UNISWAP.. HIRED MARKET MAKERS TO PUMP IT.. THEN ARRESTED EVERYONE WHO SAID YES..

THIS IS THE CRAZIEST LAW ENFORCEMENT OPERATION IN CRYPTO HISTORY!!!

The FBI built an actual ERC-20 token on Ethereum called NexFundAI.. 100 billion token supply.. A professional website.. Whitepapers promising "passive income through AI-powered investing"..

It looked exactly like every other crypto project.. Because that was the point..

Undercover agents posed as the founding team.. Then reached out to professional market-making firms and said "we need you to fake our trading volume"..

Every single firm said yes..

Here's what they recorded..

Gotbit.. A firm run by a 26-year-old Russian who publicly bragged in 2019 that he built a business faking trade volumes.. His team kept internal spreadsheets with columns literally labeled "fake volume" vs "market volume"..

When asked how fast they could pump NexFundAI's volume to $1 million per day.. They said "6 hours.. It will cost about $200"..

$200 to fake $1 million in daily trading volume..

MyTrade.. Run by a guy who called himself "the mastermind".. He explained the exact psychology of the scam on camera..

"We make the chart look like a really nice roller coaster ride.. That's where people jump in.. We have to make them lose money in order to make profit"..

He said that on a recorded FBI video call..

CLS Global.. A Dubai-based firm.. Their bots generated 98% of NexFundAI's total trading volume.. When the FBI asked if they could sync fake volume spikes with fake news announcements.. They said absolutely..

ZM Quant.. Bots executing 10 to 20 trades per minute through dozens of wallets to look organic..

All of them knew it was fraud.. All of them did it anyway.. All of it was recorded..

And the clients were even worse..

Saitama.. A meme coin that hit $7.5 billion market cap.. The founders coordinated buys through private Telegram chats.. Sent "pump it" memes while manipulating the price.. Then dumped on retail investors..

$7.5 billion.. Built entirely on fake volume.. Every penny of real money came from retail investors who thought the momentum was organic..

One founder left Saitama and started Robo Inu.. Used Gotbit again.. Another launched VZZN.. Same playbook..

Lillian Finance.. Founder claimed to be a defense contractor who addressed Congress.. Marketed the token as funding children's hospitals.. Pocketed everything..

When the FBI shut it down.. They seized $25 million in one day.. 18 people indicted across the US, UK, and Portugal.. The CEO of Gotbit was arrested in Portugal and extradited.. Sentenced to 8 months plus $23 million forfeiture..

But here's the part that broke my brain..

Real people bought NexFundAI..

The FBI's fake token.. With zero utility.. Zero real developers.. Created solely to catch criminals.. Attracted real retail investors because the fake volume made the chart look bullish..

When the FBI pulled the liquidity to end the operation.. Those people lost real money.. On a government-issued token..

The FBI had to set up a restitution portal to pay them back..

And it gets worse..

Within 24 hours of the DOJ announcing the sting.. Someone cloned the FBI's exact smart contract.. Launched a copycat token.. Rode the viral momentum.. And made $127,000 in a single day..

Using the exact same manipulation tactics the FBI just arrested 18 people for..

Then in 2026.. The FBI did it again.. New token called Lexobit.. 10 more arrests.. Including operators extradited from Singapore..

IRS forensics showed that in one firm's trading.. 1,209 out of 1,221 consecutive transactions went straight back to wallets the firm controlled.. 99% circular..

The FBI proved what everyone in crypto suspected..

The volume is fake.. The charts are painted.. The momentum is manufactured..

And every time you buy a token because "the chart looks bullish".. You might be the exit liquidity.

[Gm.HODL @GShodl]

I'm not in Bitcoin because I'm expecting a Spam War in August but it's possible I won't get back in unless some things significantly change.

[Gm.HODL @GShodl]

I wonder if Bitcoin developers are working hard on a solution to Bitcoin's quantum vulnerabilities or if they are too busy selling other coins

If you know exactly where Bitcoin is weak and you are in a position to hold back the solution, you can invest in the alternative

[Simplifying AI @simplifyinAI]

Google just put a 2029 expiration date on Bitcoin's cryptography.

And it is so dangerous they are refusing to publish the code.

We thought a quantum attack on crypto was decades away and it would take millions of qubits and massive computing power.

But we were wrong..

Google Quantum AI just dropped a paper proving you don't need a futuristic supercomputer to break the elliptic curve cryptography that secures Bitcoin and Ethereum.

You only need 1,200 logical qubits.

That is a 20-fold reduction in the hardware previously thought necessary to crack the network.

Here is the terrifying part:

When you send Bitcoin, your public key is exposed in the "mempool" for about 10 minutes before the transaction is confirmed in a block.

Google’s researchers compiled a quantum circuit that can theoretically derive your private key from that exposed public key in roughly 9 minutes.

It takes the dreaded "mempool attack" and turns it into a mathematical reality.

Now, take a deep breath.

Existing crypto is not dead today.

Google did not actually execute this hack. The physical hardware required to run this circuit (roughly 500,000 physical qubits) does not exist yet. Today's best quantum computers are only hovering around 1,000 physical qubits.

But the math is officially solved and Google just proved exactly how to build the key.

[Gm.HODL @GShodl]

@BedeBecketBacon This has been doing the rounds.

It's AI or part AI.

Look at 0.06.

[Gm.HODL @GShodl]

Who on Crypto X could have predicted a Bitcoin hard fork to create a new coin at the very same time as the soft fork to remove the ability for miners to spam the chain with toxic jpegs?

Someone who sold all their (not very much to start with) Bitcoin above 90k.

Me.

[Luke Dashjr @LukeDashjr]

Don't imagine this can't happen to Bitcoin.

[Gm.HODL @GShodl]

The FUD in a sentence: In August 2026 a toxic JPEG spam war may leave both Core v.30 and 110 Bitcoin as centralized hard forks.

The only way this doesn't happen is if one or other party does not act according to their economic and/or ideological incentive.

[Gm.HODL @GShodl]

I don't know how these experts on Bitcoin, and I'm sure it's not just this one, haven't gamed anything out yet.

Core v.30 has to hard fork.

If Core v.30 does not BIP 110 can dump toxic JPEGs on Core's v.30 chain as soon as the first node has signalled.

[Gm.HODL @GShodl]

Hahahahahahahahaaaaaaaaaa they are making up an excuse to hard fork before August.

Just as expected.

[Gm.HODL @GShodl]

Who on Crypto X could have predicted a Bitcoin hard fork to create a new coin at the very same time as the soft fork to remove the ability for miners to spam the chain with toxic jpegs?

Someone who sold all their (not very much to start with) Bitcoin above 90k.

Me.

[Paul Sztorc @Truthcoin]

BREAKING: New Bitcoin Fork

I am helping create a **new Bitcoin Hardfork** -- dropping this August, called "eCash".

- Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash.
- You may sell your eCash -- or keep it. Or ignore it!

Vegas:

- Yes, I will be in Vegas next week.
- No, I won't mention this, on stage -- (that would be rude).

Our L1 Node...

- is a near-copy of Bitcoin Core.
- is Sha256d mined.
- forks via a one-time difficulty-reset -- to its minimum value. (So, mining will be crazy at first.)
- Yes, we will change the seed nodes, the name, the network magic, etc.

Codewise, the L1 will remain compatible with Bitcoin Core:

- We will continue to merge their changes (even the bad ones).
- The L1 will activate Bip300/301 via CUSF -- the core untouched soft fork. So, no lines of code will be changed, on the L1.
- The activation client will be published periodically (link below).
- We will do several bug bounty contests this summer.
- The client will be frozen 30 days prior to the fork.

Yes, there will be Drivechains:

- We have 7 in developement right now.
- Users can also submit their own.
- Drivechain is a vision of "competing L2s" -- this avoids the "dev capture" problem.
- These L2s are all Merged Mined. Miners automatically get free $.
- Our L2s are already capable of planetary scale, and onboarding 8 billion users.
- We also have a zCash-like L2, with strong privacy.
- Other L2s: Truthcoin (Prediction Markets), CoinShift (Decentralized Exchange), BitAssets (NFT etc), BitNames (Identity), Photon (Quantum Resistant).

Unlike BCH (the 2017 fork):

- There is no "Bitcoin" in the name. New name, new brand.
- You are getting advanced warning (4 months).
- We are replaying all txns (at first). We will release a coin-splitter tool.
- This is a permanent & sustainable fix to Bitcoin's problems (instead of a 1 MB to 8 MB temporary fix).
- Back in 2017, the BTC tech stack was strong, and expectations for Lightning were strong. Today, it is the reverse.

Video to follow.