Buterin's Waterfall, a Likbez

 

Product: Price of BTC under control. Life for USG. (Examples: Bitstamp and Coinbase)

  1. BTC dumped by agents on public markets (The Ethereum raincloud)
  2. A portion of the "energy" sustains the agent's "businesses"
  3. USG Confiscators such as the National Security Agency and Department of Justice collect BTC pooling at the bottom (Silk Road v1 and V 2.0, Various Chumpatrons like pirateat40, vanilla idiots).
  4. BTC plundered via Judicial and other means (e.g. malware) goes to loyal agents who know what is expected of them.
  5. GOTO 1 (via evaporation)

Introducing A New Bitcoin Foundation

Vessenes's Bitcoin Foundation maintains a notoriety for many questionable actions and behaviors. There is even a candidate running for the foundation's board on the platform of dissolution. Due to the oversights of Vessenes's Bitcoin Foundation, #bitcoin-assets recently formed its own foundation for the preservation of the Bitcoin reference implementation. Continue reading

Cody R Wilson Announces Candidacy for Vessenes' Bitcoin Foundation's Board

In a busy day for Cody R Wilson he has now announced his candidacy for the board of Vessenes' Bitcoin Foundation. His platform consists simply of disbanding the organization from within. While others have different plans for taking on the organization, Cody clarified his plan in tweets:

Cody R. Wilson @Radomysisky  ·  16m 16 minutes ago
My platform is simple. The Foundation should be shuttered, the coins sold on the open market. I will name names.

Cody R. Wilson @Radomysisky  ·  15m 15 minutes ago
No quarter. No gentleman's agreements with legitimists.

Given the simplicity of the plan one has to wonder, why does it include topping up Buterin's Waterfall?

War of Life Closing

Parimutuel wagering game War of Life operating as S.WOL published their closing statement today. War of Life offered wagering based on the outcome of cellular automaton simulations. A distinguishing feature of War of Life was that it offered a more nuanced system of bet weighting than simple time weighting could offer. Shareholders will be issued a one time payment of 2978 satoshis per share which reflects the present book value of the venture. The clean closure of War of Life follows the example set last year when Satoshi Dice ended their public security and went private.