BELOW I PRESENT SHOCKING EVIDENCE THAT EXPOSES BIP-110 LEADER @LUKEDASHJR AS A FRAUD AND A LIAR 🧵
I SPENT THE PAST MONTH RESEARCHING THE BITCOIN BLOCKCHAIN AND HAVE UNCOVERED A DARK SECRET SO ASTONISHING THAT IT WILL SURPRISE EVEN LUKE'S MOST DEVOUT SUPPORTERS
WHAT I DISCOVERED NOT ONLY UNDERMINES LUKE'S INTEGRITY BUT CALLS INTO QUESTION THE LEGITIMACY OF THE ENTIRE BIP-110 PROPOSAL
HERE ARE MY FINDINGS
BEGINNING IN BLOCK 139690 LUKE'S MINING POOL ELIGIUS MADE ITS FIRST OF MANY INSCRIPTIONS INTO THE BITCOIN BLOCKCHAIN
THE INSCRIPTIONS APPEAR TO BE CATHOLIC PRAYERS THAT ARE STORED IN COINBASE TRANSACTIONS THAT MUST BE HOSTED BY NODES IN THE BITCOIN NETWORK FOREVER
SIMILAR INSCRIPTIONS APPEAR ACROSS BLOCKS 139717, 139792, 139831, 138898, 139904, 139921, 139942, 139960, 139977, 139990, 140181, AND MANY OTHERS
ANYONE CAN INDEPENDENTLY VERIFY MY FINDINGS
WHAT IS MOST ASTOUNDING IS THAT THESE INSCRIPTIONS BEGAN APPEARING IN 2011 WHICH IS OVER 10 YEARS BEFORE THE FIRST ORDINALS INSCRIPTIONS APPEARED IN THE BITCOIN BLOCKCHAIN
THIS MEANS THAT NOT ONLY DID LUKE USE THE BITCOIN NETWORK TO HOST NON-ARBITRARY DATA BUT HE WAS THE ONE WHO STARTED THE "SPAM" MOVEMENT
BUT IT GETS EVEN WORSE
NOT ONLY WAS LUKE HIMSELF A "SPAMMER" BUT HE APPEARS TO HAVE BUILT A SERVICE THAT ALLOWED OTHERS TO "SPAM" THE BITCOIN NETWORK
IN ELIGIUS MINED BLOCK 142573 SOMEONE APPEARS TO USE HIS SERVICE TO INSCRIBE THE FOLLOWING MESSAGE: "7Militant atheists, {LINK REMOVED} -- happy now?"
THE LINK THAT I REMOVED APPEARS TO BE A "RICKROLL"
THERE ARE MANY OTHER SUCH INSCRIPTIONS
LUKE HAS ATTEMPTED TO HIDE THIS INFORMATION FROM HIS FOLLOWERS FOR OVER A DECADE HOPING THAT IT WOULD NOT BE FOUND AND BROUGHT TO LIGHT
FORTUNATELY I HAVE DISCOVERED IT AND FEEL OBLIGATED TO SHARE IT WITH THE BIP-110 COMMUNITY WHO HAS BEEN WORSHIPING A FALSE IDOL
IF THE LEADER OF THE BIP-110 MOVEMENT IS THE ORIGINAL "SPAMMER" THEN IT MAKES ME WONDER WHAT OTHER SECRETS ARE THESE PEOPLE HIDING?
Yesterday I debated Fred Krueger and his BIP-110 simps and here is what I learned 🧵
1. They immediately conceded that BIP-110 does absolutely nothing to stop Ordinals and Runes. That surprised me, but I give them credit for being intellectually honest on this point even though it completely undermines the original value proposition of BIP-110.
2. Fred and his friends seemed unequipped to have a substantive technical discussion and lacked a fundamental understanding of how Bitcoin works. At several points, we talked past one another because they did not appear to understand the distinction between consensus rules and standardness rules.
3. The extent to which BIP-110 supporters appealed to authority genuinely shocked me. Their argument largely rested on the idea that allowing people to write offensive things about figures such as Xi Jinping or Elizabeth Warren could create obstacles to Bitcoin adoption. The mask came off when Fred said "I don’t think the Bitcoin network should be used for free speech". It became clear to me that this group represents one of the least cypherpunk factions ever to be involved in Bitcoin governance discussions.
4. I found it morally objectionable that they invoked the sexual exploitation and trafficking of children to score points in a debate. It was largely irrelevant to the discussion and was designed to provoke an emotional response from the listeners. The same tactic has been used by people seeking to censor Bitcoin in the past who point to terrorism, drugs, or other horrific conduct, then use those examples to justify restrictions on everyone else. Ironically, this is the same template nation states use to centralize power and erode individual freedoms. At a minimum, I find it to be deeply odd behavior for boomers to sit around on X spaces all day discussing child sexual exploitation. The fact that they seemed so focused on and knowledgeable about this specific topic was concerning to say the least.
5. Fred became most agitated when I pointed out that for the past year he has promoted down only ponzi paper Bitcoin products to his audience rather than teaching them how to hold and self-custody actual Bitcoin. He also seemed uncomfortable when he asked me how $DOG had performed since its all-time high and I responded that it had significantly outperformed the hundreds of Pump Fun memecoins he has launched on Solana, something many of his followers appeared unaware of.
6. What surprised me most was how concerned they seemed about the success of $DOG as the #1 memecoin on Bitcoin. They appeared deeply bothered that Bitcoin memecoin activity has accounted for more than half of all Bitcoin transactions over the past three months. To me that is simply an indictment of how miserably they have failed to drive adoption of Bitcoin's monetary use case. Rather than confront the consequences of allowing institutions to pillage the Bitcoin ecosystem and turn everyone into paper Bitcoiners, they have invented a new boogeyman to chase, the $DOG Army.
7. Overall Fred came across as an opportunist who jumped onto BIP-110 at the final hour to generate some engagement. I vividly remember Fred posting in support of Ordinals and Runes just a year ago. In fact he used to be an Ordinals collector himself. My prediction is that within three months "BIP-110" will disappear from his name and he will move on to the next grift. That is what people like him tend to do.
I'll end by saying that I respect Fred for agreeing to debate me, something that no other BIP-110 supporter has been willing to do. At least he was willing to have the conversation, even if he ended up getting embarrassed in his own space, in front of his own audience by a shitcoiner with a skull PFP.
Given how that debate went, I'm not expecting a long line of BIP-110 supporters eager to face me, however if anyone believes they can present the pro-BIP-110 position more effectively than Pump Fun Fred, I will happily debate them live on X Spaces at any time.
A BIP-110 supporter has finally accepted my invitation to debate
The debate will be held this Wednesday at 7:30pm ET
Set your reminders!!!
https://t.co/nISfdete9c
EUROPE JUST BANNED BINANCE
A MASSIVE $200M UK LAWSUIT JUST PERSONALLY NAMED CZ
THE FORMER BINANCE CFO JUST EXPOSED BINANCE FOR PERPETRATING 10/10
CZ IS GETTING ABSOLUTELY COOKED THIS WEEK
Is anyone going to tell the BIP-110 supporters that BIP-110 does literally NOTHING to stop Ordinals or Runes?
If BIP-110 successfully activates (which it obviously won't) the Ordinals Protocol would immediately upgrade to use a 255 byte chunking technique that only increases the cost of inscribing by a whopping ~1%
The experience of inscribing and collecting Ordinals would be unchanged and literally nobody would even know that anything happened
Not to mention that Runes which accounted for more than half of all Bitcoin transactions over the past 3 months would be completely unaffected since BIP-110 does nothing to stop OP_RETURN
Are the BIP-110 supporters just incredibly unintelligent or am I missing something?
I am formally giving @LukeDashjr and @dathon_ohm until August 1st to withdraw their "BIP-110" proposal or I will order the $DOG Army to unleash a large scale agentic spam attack on the Bitcoin network the likes of which your nodes have never seen before sending the UTXO set into the billions and permanently bricking all Raspberry Pis
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