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Notes by Aaron van Wirdum | export

 Thanks for reading it! 
 That's all post-release so not as relevant for The Genesis Book. I think? Do you think there was something in there that should be included in a potential second edition? 
 In his Take from Wednesday, Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share his concern to an extent, I am less convinced this is necessarily true.

https://bitcoinmagazine.com/takes/no-blackrock-wont-necessarily-ossify-bitcoin 
 If it makes bitcoin more useful to many people (and not any less useful for Harold), I posit that the increased demand would make bitcoin more valueable. 
 Agreed. 
 The value of land can also go up though. Eg. I'm pretty sure that a lot of land in Dubai is much more valueable today than it was 50 years ago.

But yes agreed on Georgism! 
 I don’t think Donald Trump actually changed his mind on cryptocurrency much at all since three years ago… I think he just wants in on the scam.

https://bitcoinmagazine.com/takes/trumps-coin-is-about-as-revolutionary-as-onecoin 
 Indeed. 
 As someone who wrote a book on the origin story of Bitcoin I felt I still had to watch Money Electric— perhaps just to comment on it in a Take. Even watching it for that purpose was a waste of my time.

https://bitcoinmagazine.com/takes/money-electric-being-distracted-by-nonsense 
 In Bitcoin, Explained 95, @provoost and I discuss the new Bitcoin Core 28.0 release.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-95-bitcoin-core-v280 
 Mmm, nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 maybe we should releas... 
 Is there a way to create a link to your Nostr? (So people can easily find it, similar to linking to your Twitter feed?) 
 Thanks! 
 Hi nostr:nprofile1qqsdv8emcke7k3qqaldwv956tstu40ejg663gdsaayuuujs6pknw7jspp4mhxue69uhkummn9ekx7mqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpzfmhxue69uhhqatjwpkx2urpvuhx2uc86mqq0, can I get a custom name please? 
 AaronvanW

Does that work? 
 Thank you! 
 Finally absorbed all 94 episodes of "bitcoin explained"/"van wirdum sjors-nado". Great content. T... 
 Dedication 👊 
 I'm a few chapters into The Genesis Book by nostr:nprofile1qqsw34nugddy5kfsfc2pg2qwj5h0u9a7gf20eg... 
 Thank you sir! 
 In Bitcoin, Explained 94, nostr:nprofile1qqsgdp0taan9xwxadyc79nxl8svanu895yr8eyv0ytnss8p9tru047qpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqg0waehxw309ahx7um5wghx6mmdqyv8wumn8ghj7ur4vfkxjcewwfjkccted9hxwtnfdu4kpvp3 and I revisit Silent Payments with BIP authors Ruben Somsen and Josie.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-94-silent-payments-part-2 
 I'm 100 pages in and The Genesis Book is maybe my favorite bitcoin book. Kudos nostr:npub1art8cs6... 
 Thanks! 🙌 
 In Bitcoin, Explained 93, @provoost and I explain the Great Consensus Cleanup Revival. (And Sjors also gives an update on the Tornado Cash and Samourai Wallet arrests.)

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-93-the-great-consensus-cleanup-revival-and-an-update-on-the-tornado-cash-and-samourai-wallet-arrests-5bbxi 
 Just ordered The Genesis Book by  nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjq... 
 Yeah, thanks for suggesting it @hong! 🙌 
 Thank you! 
 The phrase "and then they fight you" has been overused to the point of fatigue in this space.

But this really is it.

https://bitcoinmagazine.com/legal/developing-financial-privacy-tools-was-today-criminalized-by-the-dutch-court- 
 It's a bit hidden in the rhetoric, but Shinobi raises an important point in this article.

With CoinJoin, does everyone...

- send money to each other
- send money to themselves

(Technically, you can't really trace sats over the blockchain; each transaction destroys UTXOs and creates new UTXOs.)

https://bitcoinmagazine.com/legal/samourai-did-nothing-wrong-self-custodial-tools-are-not-money-transmitters 
 And to everyone else's address... 
 Obviously. 
 Long shot, but if anyone has more information about William Hill AKA TDevD / @SamouraiDev (in particular, name/contact info of his lawyer if he has one), please let me know?

aaton@bitcoinmagazine.com
AaronvanW.71 on Signal 
 Looks like i did! 🤦 
 A quick non-update in case anyone is wondering...

I visited the Portugal Judiciary Police in Lisbon, but they did not want to share any more info. Perhaps they'll answer some of my questions by email at some point.

No one else seems to know (or wants to share) anything either.

nostr:nevent1qqs8r9kdh7vnzp8y62ukhhe5f7cce4anz83vvp7j5h4389df7h2ud7cpp4mhxue69uhkummn9ekx7mqzyr5dvlzrtf99jvzwzs2zsr549mlp00jz2n72y7gkha3lnae72j46gqcyqqqqqqghf6qgp 
 Quick shout-out to anyone who left a rating and/or review for The Genesis Book on Amazon. You're awesome! Thank you 🙏 https://image.nostr.build/1bf0d0b2b2776a15d37315b02fdfc8c598e8603fd060e072a88bbd65c812c0c8.jpg 
 Same goes for those of you who rated/reviewed it on Goodreads, by the way :) Thanks a lot! 🤝 https://image.nostr.build/b265b33861b364a24b4cb2e31a966be7490314b08b572dc5c5cc57d26a0519d2.jpg 
 Honored to be able to help bring the Finney Freedom Prize into the world today

Hal was such an i... 
 Very proud to have done my part to help launch this initiative, and honoured to be a member of the genesis committee!

We'll keep running bitcoin Hal 🫡

nostr:nevent1qqs9xqpc65g26ejgv73yns8slkd7nhgxdk2dzyxxcfzz3jmedkayxuqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqkx8gx4xxrpd5dd9dfmur5znsxggh5g9qn7a9k958ae9a7ndyvvkqvzqqqqqqyap5vyx 
 Listened to Michael Saylor on the @stephanlivera podcast. It's 3 months old, but sheds some light on the ARK funding story.

https://youtu.be/_QN0RcQFf6w
 
TL;DW: Saylor strongly believes in *OSSIFICATION NOW*. From that POV, protocol development is a liability.

Some quotes (and thoughts)👇

"You only get to play God once. And Satoshi played God. And you can say 'well Satoshi got to do it, why can't I?' Well the answer is Satoshi did it, the reason we're talking about Satoshi is 'cause the other 100,000 would-be Satoshis failed. If you read the history of the world, work your way through 10,000 pages of Western history, there will be thousands and thousands and thousands of episodes of 'alpha male thinks he was put on this earth, you know, to change everything', full of hubris [...] he's gotta do more, change more, etcetera.'" (53:34)

"Bitcoin Core developers, or protocol developers, they want to fix something, or they want to make a contribution, because it's in their DNA, but developers are just the lawyers of cyberspace. When a lawyer shows up at the capital, they gotta make a law to save you from yourself, and the more laws they make, the more they cripple the economy, until eventually there's so many laws that the entire civilization collapses under its own weight." (58:06)

"The world is full of people that need something to do. I would say, the real key to wisdom, channel your energy constructively. If you're gonna do something, improve Lightning, build an application, persuade someone to adopt Bitcoin as a reserve asset, educate someone… these are all constructive things. Destructive, dilutive, distractive things are: fight with random people 'cause they want to fight with you, attack the core network and make it confusing and introduce anxiety, and confusion and fear, uncertainty and doubt into the base layer. Right? And then attempt to imprint your ego, you know, on the base protocol, you know? Like, 'I gotta introduce this so my name will go down in history forever'." (2:38:55)

My view: it's understandable to want Bitcoin to behave like the granite under Manhattan (his analogy); a solid bedrock that never changes. Especially if you truly believe Bitcoin will take over the world as SoV-only and "there is no second best". But IMO this is wishful thinking. While I agree it's near-impossible for an alt to overtake Bitcoin, I do think adoption could stall.

Luckily, Bitcoin isn't really a natural element. It's spontaneous order, more like language. Hard to change and no one can dictate changes, but if market wants it to change, it can.

Furthermore, despite Stephan asking a few questions in that direction, Saylor mostly failed to distinguish between protocol upgrades and general software maintenance.

Arguing against any hard/soft forks is one thing, but Bitcoin Core 26.0 can obviously not last for centuries...

Having said that, Saylor is of course free to not upgrade anymore and stick to Bitcoin Core 26.0 for as long as he lives. 
 Thank you! 
 Well this is part of the question.

That said, the protocol in this context is how computers "speak Bitcoin' with each other. This inciudes Bitcoin's consensus rules, most notably: what makes a Bitcoin block valid. But there are other important protocol rules as well, like how transactions are sent over the network.

Basic maintance I would define as making sure the software keeps running. So this can include bug fixes, making sure the code remains compatible with other programs, etc.

This stuff isn't always black-and-white though, and to me it remains rather unclear where Saylor actually wants to draw the line in this regard. (I'd say the general sentiment of the interview however pretty strongly suggests a "just don't touch it" attitude.) 
 I'm only in favour of upgrades that make bitcoin more valuable. 
 In Bitcoin, Explained 92, @provoost and I explain what's new in the upcoming Bitcoin Core 27.0 release.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-92-bitcoin-core-27-0-c4wla/embed/light 
 In Bitcoin, Explained 91, @provoost and I are joined once more by @Jesse, this time to explain splicing.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-91-splicing-qh8g9 
 The Genesis Book review by former DigiCash employee Jurjen Bos.

https://medium.com/@jnebos/i-thought-i-understood-bitcoin-until-now-07e064c4ba7a 
 Reason published an excerpt from The Genesis Book 🙌

https://reason.com/?p=8265772 
 Due to a shipping issue, no Genesis Books made it to Bitcoin Atlantis this weekend.

However, at 14:40 (2:40pm) today a grand total of ONE BOOK will be for sale in the book corner!

And yes there will be a signing session.
https://image.nostr.build/3ab751add866b63eea2a750c3461cda675657e56cd9abb6cfac03851eb9bfbdd.jpg 
 SOLD OUT!!

nostr:nevent1qqsqee5laufer9afrtfp4puhnkfmthgd0fp30qxuz8lksanerstke6spp4mhxue69uhkummn9ekx7mqzyr5dvlzrtf99jvzwzs2zsr549mlp00jz2n72y7gkha3lnae72j46gqcyqqqqqqgldex9z 
 In Bitcoin, Explained 90, @provoost,
@Jesse and I explain asynchronous Lightning payments.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-90-asynchronous-lightning-payments-31owp 
 You were right around the corner, too ;)

(If you are who I think you are.) 
 I'm not in London anymore, but I do have access to the stream and will tune in from time to time.

So far tiday, Craig Wright was being his ranting self, lashing out at "BTC Core" and high fees and how the legal system was supposed to stop double spends.

#COPAvWright 
 Can request access from the court. 
 Last hour was more of the same. CSW denies he forged docs, said he'd have done a better job if he did. Called into question expertise/objectivity of digital forensics experts (including his own). Etc. etc.

This was my last day at the #COPAvWright trial for now; heading home. 
 In block 3 of #COPAvWright (day 2), COPA asked Wright about documents that appeared to have been backdated.

Wright in response called into question the expertise and/or objectivity of the digital forensics expert that made these assessments.

One more block of CSW hearings today... 
 In block 2 of #COPAvWright (day 2), COPA asked CSW about BlackNet, an anonymous marketplace for information, originally proposed by Tim May.

CSW worked on his own version, says he realized it did not have to be anonymous, but pseudonymous and traceable.

May's BlackNet was itself an anonymous version of Phil Salin's AMIX, however, so I'm not sure what the new insight would have been. Was CSW's version of BlackNet just AMIX again? I don't have the answer.

(I also wrote about AMIX and BlackNet in The Genesis Book.)

Wright's defense did make one good point just before lunch break. The atmosphere in the court room is intolerable: a lack of fresh air makes it hot and stuffy inside. 
 First break.

Craig Wright claimed he's never forged a document to support his claim that he is Satoshi Nakamoto.

Says signs of forgery actually suggest he _didn't_ forge it. "If I forged the document, it would be perfect." Probably sets the tone for coming  weeks.

#COPAvWright 
 Sadly, the judge did not wear a wig.

#COPAvWright 
 Day 1 recap, icymi.

Today, on day 2, we should be hearing from Wright himself.

#COPAvWright

nostr:nevent1qqs9wam0l0asler0nlydca8vxknr2v2gvny93v9k5w8u8wzvqzsjkagpp4mhxue69uhkummn9ekx7mqzyr5dvlzrtf99jvzwzs2zsr549mlp00jz2n72y7gkha3lnae72j46gqcyqqqqqqg336wry 
 Well I'm in the spillover room, where the video link just failed.

Mostly more of the same since the first brake though. COPA showed that CSW has been presenting fake evidence, anachronisms etc. over the past years.

#COPAvWright 
 Yes, we see evidence on screen.