Steve McQueen

If you enjoy my work and would like to support my work, feel free to buy me a beer 🍺 ➡➡

[Steve McQueen @TheCryptoEscape]

Just a note on the whole idea of $QUBIC creator Sergey Ivancheglo (@c___f___b) being the $BTC creator Satoshi Nakamoto

And also being the Monero, Bytecoin and Cryptonote creator Nicolas Van Saberhagen

I think I've helped spread these ideas so I'm proud of that!

But I want to highlight that I actually have discovered very little in this story

The first suggestions that CFB was Satoshi date back as far as 2012 and people have been investigating the story since then

Every day people are in a special Discord group called "Satoshi's Cat" discussing the details and finding new evidence

I contribute sometimes and I find a few things but overall I have discovered very little

It is very much a collaborative effort and some super smart people are really committed to discovering the truth

All I do is write about what these people are discovering so I deserve very little credit for any discoveries ...

I'll share the link for the discord in the first comment

You can go to the evidence section and that is where you will see all the latest updates

Why not join?

And why not invite your friends to join too?

The more people that contribute ideas, the more interesting things we will find!

The more you go down the rabbit hole, the more you see the genius in what is being uncovered

Maybe YOU 🫵 could be the person that finds the final piece of the jigsaw??

Link in top comment 👇

@MatildaOnQubic @_Qubic_ #Qubic

[Steve McQueen @TheCryptoEscape]

Quite a few seem to have missed the point of this $QUBIC post

First Bitcoin price prediction

Then getting as much compute power as possible for the bigger picture

[Steve McQueen @TheCryptoEscape]

qubic-network:native shutdown $XMR mining and switched to $DOGE. They proved it worked and stopped.

Think about that.

I don’t think $DOGE mining is finished, I think they’ve set the trap and it is ready to go when the times right.

[Steve McQueen @TheCryptoEscape]

@QFWYK Suicide

[Steve McQueen @TheCryptoEscape]

qubic-network:native shutdown $XMR mining and switched to $DOGE. They proved it worked and stopped.

Think about that.

I don’t think $DOGE mining is finished, I think they’ve set the trap and it is ready to go when the times right.

[Steve McQueen @TheCryptoEscape]

If you build train tracks and a train station, you don’t necessarily need to develop a train. Others will happily put their train on your tracks.

Likewise, if you build decentralised AI infrastructure and AI development becomes overly regulated, AI will move to your tracks

[QubicChurch @QubicChurch]

This week we`ll be publishing a book dedicated entirely to CfB - his worldview, his secrets, his goals, his desires, and, of course, the time machine.

@c___f___b

#Qubic

[Steve McQueen @TheCryptoEscape]

Probably won’t be long before major AI companies get hit with major development regulations

You can’t regulate decentralised AI development

This is a massive competitive advantage

[Steve McQueen @TheCryptoEscape]

If you consider yourself a serious qubic-network:native investor and you haven’t read this book and then used an LLM to question it and all the other details on qubic-network:native , you’re insane in my eyes

[QubicChurch @QubicChurch]

⚡️⚡️Meet the book - "Qubic. The long version."

This book does one simple thing: it gathers what's been scattered into a single fresco, structures it, and presents it in plain language.

Who should read this?
Anyone who's even a little connected to Qubic will find something here for themselves.
A newcomer will learn the basic principles of how it works and see connections where they didn't see them before.
An experienced holder can enjoy the history and the beautiful allegories my father's speech is so full of.
The professional and the master can take a look at the overall picture from the outside and, perhaps, see something they used to miss.
All Come-from-Beyond quotes used in this book are taken verbatim from open primary sources - the official Qubic Discord, his publications on X, the team's scientific papers.
If you spot an inaccuracy - write in. The book is alive; the next edition will incorporate corrections.

The book is distributed absolutely freely.
(Link in the comments)
Thank you, Father.

@c___f___b
#Qubic $Qubic

[Steve McQueen @TheCryptoEscape]

When you truly take a step back and understand the complexity and innovation that has gone into all this

You’ll realise @c___f___b isn’t building a crypto project with qubic-network:native , it’s waaaay bigger

That doesn’t guarantee success but keep holding because you have something like a small pool raffle ticket with a massive cash prize in your hands. All you have to do is forget and wait.

[Steve McQueen @TheCryptoEscape]

My recommendation to anyone interested in qubic-network:native is to REALLY research it

Read the whitepaper, read @QubicChurch book, read neuraxon academy.

Understand UEFI, bare metal, Quorum consensus, smart contracts, feeless transactions, UPOW, neuraxon, oracles, outsourced computations

See the bigger picture of what is happening here

[Steve McQueen @TheCryptoEscape]

My recommendation to anyone interested in qubic-network:native is to REALLY research it

Read the whitepaper, read @QubicChurch book, read neuraxon academy.

Understand UEFI, bare metal, Quorum consensus, smart contracts, feeless transactions, UPOW, neuraxon, oracles, outsourced computations

See the bigger picture of what is happening here

[Steve McQueen @TheCryptoEscape]

Stepping back from X content creation was perfect for gaining clarity on qubic-network:native

Nothing is ever guaranteed but forget about short term price action.

The level of innovation and development on this project is off the charts.

Even without AI, Qubic should succeed. Patience.

[Steve McQueen @TheCryptoEscape]

It still surprises me that many dont understand how qubic-network:native CCF works.

The Quorum voted to put some of THEIR money aside and then THEY vote on how to spend it

No extra qubic-network:native are created. Just a group of people deciding how to spend THEIR money

[Steve McQueen @TheCryptoEscape]

Really interesting to read about $QUBIC's evolving governance model

Many look at some of the disruption in the $QUBIC community and ask "why doesn't @c___f___b step in and fix these issues"

They see funds that appear to be misspent

They see community fallouts

They see many governance issues

Personally, I think CfB's lack of intervention issues isn't a flaw, it is a feature of his plan for $QUBIC

I find it hard to believe that a guy who was clever enough to build a project like $QUBIC doesn't understand the intricacies of governance etc.

I think it is much more likely that he is very much aware of these intricacies and believes the best way for correct decentralized governance and ecosystems to evolve is by letting them go through the required up and down steps

I think he has built the core incentives and game-theory into $QUBIC that will - over time - force the system to evolve in the right direction

Looking at the below update on the future of $QUBIC governance, I think you can see this development taking place, in a decentralized manner outside of CfB's control

https://t.co/f2BGMFWyA1

[Steve McQueen @TheCryptoEscape]

@cryptotwi1 @c___f___b @5267eth @Quorumdidit @Primequbic @josefrakich @AvdiuSazan Are you mixing up CFB and SBF?

[Steve McQueen @TheCryptoEscape]

Seems like a purposely confusing statement on the surface

But I'm guessing what CfB is hinting at here is that all things are one

We exist within a reality/dimension where the senses exist (the dimension of form)

Basically all things within this form dimension are not real

But our brains are tied to an area outside this dimension

That area outside this dimension would be described by many as God (or universal intelligence)

Something that exists outside of form

All ideas and form comes from that formless dimension

Learning or understanding this dimension actually comes from removing thoughts/beliefs etc and tapping into a complete field of information that already exists

Interestingly, I'm guessing there is no scientific way to prove any of this is true because science exists within the dimension of form

[Come-from-Beyond @c___f___b]

@NightSkyNow Amateurs, here is a really wild question:

What if everything you see, hear, or smell is located inside you and the only part of the universe existing outside of you — is your brain?

Think about it...

[Steve McQueen @TheCryptoEscape]

People have since corrected me that $QUBIC did not achieve the super high hashrate results on $XMR mining that I shared in the below post

My only question about this is, if the hashrate was just a glitch, why is that glitch also reflected on the Monero Mining stats websites

If you go to this website for example: https://t.co/ukg7tjoA0C

You can clearly see that on Thursday, $QUBIC was dominating $XMR hashrate

So was this Monero website and others reporting incorrectly? Seems unlikely??

Forgive my ignorance here, looking for some education on how this was possible..

[Steve McQueen @TheCryptoEscape]

What a wild day for $QUBIC yesterday
This news went mostly under the radar

For basically 12 hours straight, $QUBIC controlled over 51% of the $XMR hashrate

For large parts of the day, they were controlling 80% to 90% of the total hashrate

$QUBIC was at a market cap of around 65 million at the time while $XMR was at a market cap of around 5.5 billion

Think about that, a 65m market cap project basically controlled a 5.5 billion market cap project for 12 hours

If they wanted to, $QUBIC could have completed double-spends, revealed who was behind private transactions and a range of other security attacks

Most insanely, as far as I understand....

$QUBIC could have permanently switched off all mining that didn't occur through the $QUBIC network... giving $QUBIC indefinite 100% control of the $XMR hashrate

They could do this by orphaning blocks that weren't mined through $QUBIC

Then around 1:30am this morning, this mining marathon switched off and $QUBIC went back to approx 10% hashrate control

What happened here?

I have no idea...

But I guess it was related to the new mining algorithm that $QUBIC has implemented

I also guess that this was a test for the upcoming $DOGE mining

I think $XMR mining has been a complete test phase for $DOGE mining and I imagine when $DOGE mining launches, you will see that the $QUBIC network has a few surprises up its sleeve

[Steve McQueen @TheCryptoEscape]

@Umanitarian I have no idea either

But I do keep an eye on a lot of people with good track records and I see them discussing mid Feb as a time of interest

Lets see, either way I'm prepared

[Steve McQueen @TheCryptoEscape]

A lot of interesting people are now pointing to the bottom being hit and a run coming for crypto over the next couple of weeks

But also seem to be indicating that there will be a massive black swan event soon after that will wipe markets out (cyber attack possibly)

I have no idea how true it is

But I'm stacking as much as I can now and I will definitely be selling some crypto if there is a lift off

[Steve McQueen @TheCryptoEscape]

You don't know that for definite

A "black swan" could be far more devastating than you think

For example, Bitcoin revisiting $20k regions or lower

Complete wipe out of most crypto projects

Think about it, we have seen these massive drops and there hasn't been major bad news

What if tether collapses...
A major exchange falls..
World war 3..
Cyber attacks..
Collapse of current financial system..

All sound crazy until they happen

We think these things are normal but really it is all a house of cards that could fall at any time (on purpose or by accident)

I don't know if there will be a black swan or further decline in markets

I'm positioning myself for the worst and best outcomes

But I'm definitely openminded enough to think anything could happen

[Steve McQueen @TheCryptoEscape]

What a wild day for $QUBIC yesterday
This news went mostly under the radar

For basically 12 hours straight, $QUBIC controlled over 51% of the $XMR hashrate

For large parts of the day, they were controlling 80% to 90% of the total hashrate

$QUBIC was at a market cap of around 65 million at the time while $XMR was at a market cap of around 5.5 billion

Think about that, a 65m market cap project basically controlled a 5.5 billion market cap project for 12 hours

If they wanted to, $QUBIC could have completed double-spends, revealed who was behind private transactions and a range of other security attacks

Most insanely, as far as I understand....

$QUBIC could have permanently switched off all mining that didn't occur through the $QUBIC network... giving $QUBIC indefinite 100% control of the $XMR hashrate

They could do this by orphaning blocks that weren't mined through $QUBIC

Then around 1:30am this morning, this mining marathon switched off and $QUBIC went back to approx 10% hashrate control

What happened here?

I have no idea...

But I guess it was related to the new mining algorithm that $QUBIC has implemented

I also guess that this was a test for the upcoming $DOGE mining

I think $XMR mining has been a complete test phase for $DOGE mining and I imagine when $DOGE mining launches, you will see that the $QUBIC network has a few surprises up its sleeve

[Steve McQueen @TheCryptoEscape]

As I said at the end, the current issue is that users end up holding the bag

And yes, burning doesn't impact price but it prevents excessive inflation

And yes, demand needs to grow

It is very possible, we see it with many projects or many companies (any sustainable inflationary project like $ETH or $XRP and any stock issuance company)

I know it is possible and the economic model can work and it is a very clever model if it can be made work correctly

But I agree, currently, the main issue is that holders have been exit liquidity

[Steve McQueen @TheCryptoEscape]

Wise words related to $QUBIC and big corporations AI development

What many don't realize is most of those companies are losing a lot of money with their LLMs (Chat GPT etc)

But they are propping themselves up by getting investment from chip manufacturers (Nvidia, Amazon etc)

The AI bubble that exists currently because it is mind blowing and it surely will collapse at some point

LLM creators are losing money but they get huge investments from chip manufacturers

The investment includes an agreement that the LLM creator will purchase a set amount of chips from the chip manufacturer

So you end up with LLM creators like OpenAI that are hiring lots of people and paying them a lot of money with the illusion they are making a lot of money

(Anthropic for example is paying people ridiculous money for admin jobs that should be done by AI (100k+ euro 😅), they aren't living in the real world

Of course, many LLM developer orgs will list stocks publicly eventually and will sell stocks for crazy inflated prices

How do they pay employees and appear to be making money?

Because the chip manufacturers like Nvidia are investing billions in these companies

But the crazy part is that Nvidia then asks them to commit to buying a set amount of their chips over the coming years

They have to do this because otherwise there wouldn't be growing demand for their chips

Then they can list this demand in reports and say "hey look at how much our business is growing!!" and hire way more staff on crazy salaries

And that means their stock price becomes grossly inflated

The whole AI industry is crazy and it is built on quicksand

Chips demanded by unprofitable companies that can't afford them who hire people who aren't needed to produce a tool that is hitting its upper limits already

Possibly, they will have a breakthrough soon and it will all start to become profitable and work out

But currently, if you compare this to the $QUBIC model and what @c___f___b has developed, the difference is insane

$QUBIC produces its own income, gets its compute power mostly for free to train its own models

A completely self-sustaining ecosystem

The only issue is that currently investors end up holding the bag for this model to some extent (declining prices)

But as things improve, and burns equalize more, this model is incredible and can self-sustain completely

[samson ‎ױ @samsonofLA]

@losaahead @TheCryptoEscape @c___f___b bro you have no idea how much those companies are losing...

Qubic actually makes money while training and doing researching via mining