| For readers, BSV is an Bitcoin clone created and promoted by Craig Wright. An austrialian man who fraudulently and without any evidence claims to be Bitcoin's creator and that BSV is his (Satoshi's) Vision (thus the name). Well not just 'not any evidence' -- he claimed to provide a cornucopia of "evidence" all of which turned out to be easily proven to be forgeries. Things like editing his old blog posts to insert mentions of bitcoin (archive.org shows they were added years later), or claimed "digital signatures" by satoshi which were just literally copies out of the blockchain, or trickeries of unsound cryptography ( https://bitcoin.stackexchange.com/questions/81115/if-someone... ). Unfortunately, the media loves a headline, and all too often doesn't care much about the facts. And cryptocurrency appeals to a diverse collection of people including many that are highly exploitable by Wright's bombastic approach, including a number of business leaders. Wright has a long personal history of fraud with numerous judgments in courts and administrative bodies against him. His Bitcoin related fraud appears to have begun with an R&D tax rebate scam where he claimed millions then attempted tens of millions in tax credits which he couldn't have possibly earned without spending hundreds of millions of dollars. To justify that he had hundreds of millions to spend, he claimed to be Bitcoin's creator. From there it appears to have evolved into an advanced fee fraud plus scammy cryptocurreny pump. Essentially he's been claiming that he owns a million bitcoin but it's locked in a trust and asking for investments that he'll repay or getting people to buy his crypocurrency which he assures them will go up in value when he 'dumps' his Bitcoin and uses the income to buy up BSV. Annoyingly, to pull of this scam he's and his representatives engaged in a massive campaign of harassment and fudding towards people involved in Bitcoin, particular developers and former developers like myself... lying about the history of Bitcoin, our activities in Bitcoin, etc. He even falsely accuses me of funding ISIS and other such nonsense (e.g. https://twitter.com/AldersonBSV/status/1199160142048063488 ). ... and generally just making a mess and turning a previously fun domain to work on into a frightening morass of attacks and threats from conspiracy filled crazy people or people pretending to be ones. By attacking the credibility of the people most able to call out his deceit he isolates his marks from the very people who would protect them. Walking over all this has clearly had a protective effect, but it doesn't save everyone. |
This liberates me from having to focus on who initiated the project - because it is meant to be frozen whoever initiated it can not change the setup at will.
To me it's not important who made visa or who runs it. I use it anyway because it got utility letting me pay at the bakery on a tiny island on the other side of the world.
I don't care about who made the HTTP protocol. I use it every day without knowing.
Utility is the real value of a technology.