Interesting email from Coinbase CEO Brian Armstrong to investors found in the Epstein files. It's from February 2016, during Bitcoin's block size debate.
Armstrong talks about how Coinbase is working in the background to ensure the network is not held back by "the early idealists," and how he expects a hard fork to 2MB blocks to happen within the next month or two. IIRC, this was the Bitcoin Classic era.
Obviously, the hard fork never happened, with the last attempt from Coinbase and others (SegWit2x) being abandoned in the fall of 2017. The view that the hard fork was being pushed by corporate interests, such as Coinbase, was a big reason for its lack of sufficient support.
How many scandals does Bitcoin Core need before you fire them?
1. OP_RETURN blowout
2. Wallet Deletion Bug
3. Ordinals and Inscriptions Spam
4. GitHub Censorship & Banning
What did I miss?
Run Knots.
Run BIP-110.
WHAT THE ACTUAL FUCK!!
Core v30 increased OP_RETURN size 1200x, to 100kb.
I just realized this is the same size BSV has had since 2009, bragged about by Faketoshi as one of the improvements over BTC to facilitate “having every bit of (the world’s data on chain”.
And proudly trumpeted by BSV propaganda blog Coingeek in this article as a great improvement over BTC’s 80 bytes.
Bitcoin Core basically merged six year old Craig Wright code in v30.
Absolutely fucking unbelievable.
🧵Storing the Universe
TL;DR: Cornell astrophysicist Dr. Drummond Fielding faced a data crisis from simulations producing petabytes of results.
By using Ramo to move data onto Filecoin, he secured long-term preservation beyond institutional limits.
BREAKING: ANOTHER Federal Contractor Admits to $100M Fraud. ATI Government Solutions Senior Director Anish Abraham Exposes Pass-Through Scam, Pocketing 65% of $100M IRS Contract While Outsourcing Work to Accenture.
OMG undercover footage shows ATI Senior Director Anish Abraham detailing federal Government contracting fraud & how their 8a “Native-Owned” status acts as a shield against accountability.
“So the new contract is basically close to $100M”
“65% for us…and 35% (for subcontractor).”
“I don’t think they will dare to touch the Native Americans."
O'Keefe Media Group has been informed that the DOJ is launching an investigation.
🚨 Von der Leyen caught AGAIN deleting messages — this time with Macron on the Mercosur deal. After #Pfizergate, she still thinks she’s above transparency. This isn’t “accidental.” Von der Leyen’s deletions are deliberate, systematic, and unacceptable. Enough is enough — she MUST go!
The European Parliament has blocked access to https://t.co/goPSkU59yb, apparently in response to TWITTER FILES-FRANCE. @vonderleyen@DelphineColard are ignoring Members of Parliament. This is the censorship that @EmmanuelMacron & @vonderleyen seek to impose on the world.
Fed is not self-funded, but indirectly funded by the public. This is because the Fed remits its net income to the Treasury - the more the Fed spends the less it income it remits to Treasury.
Large Fed spending on things like new buildings increases the federal deficit.
After watching on the sidelines and being dumbfounded by the sheer incompetence of @Polymarket and cognitive dissonance of @UMAprotocol voters, I've decided to step into the ring
Here's a thread on the most controversial market currently https://t.co/6au0SVjii3
Zelensky wore a suit.
Over 50 reputable media outlets, including global publications and news agencies, reported that Zelensky wore a suit in June.
Here's everything you need to know ↓
https://t.co/t2JTKy1sD3
.@chaoslabs post on AI-Powered Prediction Market Oracles outlines the fundamental problem facing current prediction markets: the lack of verifiable, tamper-proof data provenance.
Using the 2024 Venezuelan election market by @Polymarket as a case study, it shows how @UMAprotocol human-voted oracle resolved against global consensus due to vague resolution criteria and conflicting narratives.
https://t.co/t5jYYoxWtb
Oracles relying on token-weighted human input are vulnerable to bias and manipulation.
This is about to be shown in practice again on Zelensky's suit market:
https://t.co/coJNqTkNDP
POLYMARKET FACES MANIPULATION CLAIMS AS $58M ZELENSKYY SUIT BET NEARS FINAL VOTE
- Polymarket, the crypto prediction platform, is under scrutiny amid a $58 million bet on whether Ukrainian President Volodymyr Zelenskyy wore a suit before July.
- The outcome, expected by July 4, has divided users and exposed flaws in decentralized dispute mechanisms.
- The market’s resolution hinged on whether Zelenskyy was seen in a suit—a collared shirt, blazer, and matching pants, between May 22 and June 30. He appeared at a NATO summit on June 24 wearing such an outfit.
- Major outlets like BBC, Reuters, and the New York Post called it a suit, but the decision remains fiercely disputed.
- UMA, Polymarket’s oracle protocol, initially ruled “Yes” twice but reversed those decisions after token-holder challenges.
- Supporters stress the fabric and matching colors define a suit, downplaying style or footwear. Opponents argue the jacket is more a casual blazer and trainers break traditional suit standards.
- Even fashion experts remain divided, describing the outfit as “both a suit and not a suit.”
- Critics say large UMA token holders manipulate outcomes by bonding tokens and disputing results to protect financial stakes.
- These claims echo past allegations involving Polymarket’s resolution of bets on a $120 million TikTok ban and a $7 million Ukraine-US mineral deal.
- The system’s reliance on token-based dispute resolution raises concerns that wealthy players can sway results regardless of external facts.
According to intercepted communications recently between senior Iranian officials obtained by United States and reported on by the Washington Post, last weekend’s strikes by the U.S. Air Force and Navy against three nuclear facilities in Iran was less devastating and extensive than they had expected, sparking concerns currently circulating within that U.S. government that the Iranian nuclear program could soon resume. The communications, intended to be private, included Iranian government officials speculating as to why the strikes directed by U.S. President Donald J. Trump were not as destructive as they had anticipated, with the existence of the intercepted conversations not being disputed by the White House.
Credible reports mighty @BowesChay got detained entering Bucharest to cover the country's Presidential election (in which "anti-NATO" candidates and Romania's rightful leader are banned from standing). Want proof Europe has lost it? Look around you. It's happening right now.
My name is Roman Storm, and I am one of the founders of Tornado Cash, a non-custodial privacy protocol.
I am being prosecuted for writing open-source code that enables private crypto transactions in a completely non-custodial manner. This prosecution represents a terrifying criminalization of privacy.
The charges against me threaten to criminalize software development itself. If successful, the implications could extend far beyond the crypto industry, impacting every software developer. I face up to 45 years in prison on charges including operating an unlicensed money-transmitting business, conspiracy to commit money laundering, and sanctions evasion.
This case has already had a chilling effect on developers working on software tools. Recently, a developer filed a lawsuit against the DOJ, seeking relief because my case has made them fearful of releasing new software.
https://t.co/kkhXrxJVnI
Additionally, there is significant confusion around the 1960 charge (operating an unlicensed money-transmitting business), as different government agencies have conflicting interpretations of the law.
https://t.co/BRKR0pWTaH
“This prosecution threatens to criminalize software development itself,” said Keri Axel of Waymaker LLP, my legal counsel.
American entrepreneur and politician @VivekGRamaswamy commented, “You can’t go after the developers of code. What you actually need to do is go after individual bad actors who are breaking the laws that already exist.”
https://t.co/WTn1weyoZO
Multiple amicus briefs have been filed in support of my defense by the DeFi Education Fund (@fund_defi), Coin Center (@coincenter), and Blockchain Association (@BlockchainAssn):
https://t.co/467XKatDuP
https://t.co/68p4WcMIP9
https://t.co/kzdZ39Qvrr
The 5th Circuit Court has already ruled that Tornado Cash sanctions were unlawful:
https://t.co/Vp4FACqnn8
However, the DOJ has dismissed this ruling as irrelevant:
https://t.co/tna6p4Nvnr
My trial is set for April 14, 2025.