Topic: We are all Hodlonaut - page 5. (Read 2563 times)

Cool! I'm always glad to read Greg's stuff, so I'll bookmark his account over there.

What did OgNasty mean with that comment though? I thought: maybe a new conspiracy theory.

Correct. Verification: https://bitcointalksearch.org/topic/m.8634218

No. Hal passed away 8 years ago.

I'm sure he already has forked out substantial amounts in legal bills in all the run up and preparation for this case, but yeah, here's hoping for a bull run before he has to spend the bulk of these new donations.

Just to clarify (as I'm not a Reddit user): nullc is the author of the thread and those longer replies and nullc == gmaxwell?

And... Hodlonaut == Hal?

---

Hopefully, between now and the time Hodlonaut has to pay their bills, Bitcoin price will reach previous levels, so those donations may cover the $3m that seem to be required.

Edit: Donated through Lightning.

Maybe. But at the same time, when CSW is already bringing lawsuits against the likes of Coinbase and Kraken, they really have nothing to lose by supporting Hodlonaut, and as he points out, a lot to gain in their upcoming trials if Hodlonaut decisively wins this one.

I doubt it. Coinbase are already one of the most anti-bitcoin organizations in existence. As I pointed out earlier in this thread, Coinbase have supported every major attack on bitcoin in the past, and only reversed their position at the 11th hour due to self preservation rather than doing the right thing. And that's even without mentioning their fundamentally pro-surveillance and anti-privacy ethos. Hell, they hired individuals which were complicit in human rights abuse, including torture, and used them to set up their blockchain analysis subsidiary. And yet the crypto community still have no problem using Coinbase. Anything that happens between Coinbase and CSW will be absolutely irrelevant in terms of attracting new customers.

If supporting a company complicit in actual physical torture isn't enough to stop people from using Coinbase, then failing to stand up to CSW will mean less than nothing to such people.

I think I read in some tweet from hodlonaut that he talks about an amount of even $3 million as something that would be enough in every possible outcome. In any case, it is a very large amount and I hope that so much money will not be needed even if the verdict is unfavorable for hodlonaut.

I can't say how many donations was collected from some famous names, but some of them surely want to remain anonymous in order not to become the next target of Faketoshi. Maybe it's not so bad, although the public support of big companies would be nice at least as a moral support. Now that you have written what Jesse Powell donated, maybe it would be better if he remained silent like Brian Armstrong - but if they turn their backs on Bitcoin in this way, maybe the crypto community will repay them in some other way.

6 days until the trial begins, and the donation fund is now up to over 70 BTC plus $64,000, taking the total value of the fund to just short of $1.5 million. A great effort by the community so far, but plenty more to do. I'm certain that if anything is left over then it will be used to help other individual defend themselves from CSW's frivolous lawsuits.

Looks like Jesse Powell did buy one of the bitcoin based NFTs in support, although the 0.005 BTC cost falls a bit short of the 50 ETH donation he pledged: https://nitter.it/jespow/status/1566912208281317376

Also some other big names coming out in support, such as Braiins (Slush Pool), River, and Swan, although disappointingly still ongoing silence from the likes of Coinbase.

It sounds so incredible that at first I thought that I had misunderstood something, but I guess it is more than obvious proof that all these big players do not care about Bitcoin to the extent that they would publicly defend it, but are looking for a way to profit from such cases. Fortunately, there are many ordinary people who have helped and will continue to help, because we all care more about Bitcoin than various CEOs who are just looking for new ways to earn more.

---

https://twitter.com/hodlonaut/status/1564572821271052288

Talking of ART, I have listed a raffle in the collectibles thread to create some funds
for hodlonaut's defense. Based on a project I did
recently, I'm raffling of a
limited edition self made book and a limited error print but
no tickets sold yet so I hope
its ok to post here too for a bit more exposure ?

< remove if necessary >

https://bitcointalksearch.org/topic/raffle-winner-for-hodlonaut-bcb-error-print-1-48-book-5411419

many people making real art and displaying it in galleries in cities to sell. end up selling for alot less than what an ETH is worth,...


the crap of games of NFT is to try to sell crap for expensive amounts of double digit ETH.. just so they can set a level of what other crap NFT should expect to sell for.. so by trying to sell an item for 50 ETH  is not about getting a large donation for a good cause. its about using the cause as a clickbait advert to then hype up that a crap NFT is worth a lot of money, as a way to keep pushing that anything made using NFT should sell for a large double digit amounts even if the item is crap.

kind of shameful to use a scam to fund a defence against a scammer..
.. it puts a bad taste in my mouth that defending against a scammer is done by using scams

Looks like he has pledged to buy a NFT for 50 ETH, but won't just donate the money directly. So essentially using Hodlonaut's legal situation to shill his NFT project? Ugh.

As much as I despite all CEXs, I've had a lot of respect for Jesse Powell over the years as he is always open and honest that people should get their coins off of exchanges as soon as possible, and that any coin left on any exchange, including his, is at constant risk. But this Twitter exchange is in incredibly poor taste. Would have been better to say nothing at all rather than say you'll only donate if it's via some NFT scam.

Still, if you want NFTs, then there are some on bitcoin right here: https://xchain.io/tx/755e758e74f7c95f049deb5106fc9315234bc7ccce0817a8e34d16b089d7593f. He can convert his 50 ETH to ~3.7 BTC using Kraken and buy 740 of these for the same result.

Literally thousands of regular people donating whatever bitcoin and fiat they can afford, but this guy worth $500 million will only donate if he gets to shill some NFT while doing it.

I looked at what's happening on hodlonaut's Twitter and I see that he sent a question to both CEOs whose exchanges are being sued and as far as I can see, he got a response from Jesse Powell, who instead of a donation suggests some kind of NTF fundraiser, which according to him is the future of collecting donations - as if it wasn't aware that more than 57 BTC and $55,000 have already been collected. If I understood correctly, he would donate even 50 ETH in that case... To me, this is a more than clear message of how much he cares about Bitcoin.



https://twitter.com/hodlonaut/status/1563522922937208832

most large businesses dont let things go to trial. they discuss out of court settlements outside the court reporting or responses.

though in my opinion i would love to see the DCG organise a full on legal team that combine the kaken coinbase efforts on this side(less costs)(one plan structure.) but then use the multiple claims as a way to strike back at CSW in a multiplied way.

EG CSW think he is playing 2 games of one on one tennis
but reality is he is a single tennis player trying to play tennis, against a football team with a captain(DCG) where they are all kicking balls at just 1 guy defending a goal(CSW)

Whatever about filing legal claims against individuals like Hodlonaut, taking on Coinbase
and Kraken is a real game changer IMO.

We all hope Hodlonaut is able to wound CSW but I would imagine its the might of Coinbase
which could end CSW's persistent claims?

He really has a neck like a jockeys ar$e, but I would say he has a false sense of success. Hopefully
Hodlonaut can cause the first wound and Coinbase finish the job and Kraken to bury it.

here is the thing..
when a business is actually a sole entity. then it is STUCK with limited choices..

however coinbase is not stuck.
EG if they dont have a legal defence team 'in house' that specialises in intellectual property and defamation (because usually a exchange doesnt handle that, so doesnt retain a legal team specialising in that) doesn't need to "hire" a new team. instead they can use a team which its sister companies already have for their other projects

coinbase can borrow the intellectual property specialists from one sister company. and use defamation specialists from another sister company(saves money, tiime and allows for cross information sharing if other sisters also get targetted)

where DCG which has ownership stake in coinbase and possible future targets can organise things and prepare for any oncoming storms with the other sister companies.
 
rather than what you propose is that exchanges just wait for CSW to attack individually and file claims and then have the exchanges individually fight only with newly retained 'inhouse' legal team, separate from its sisters...
which individually costs the targetted company more to use, and also means they cannot share tactic/strategy..
as that yet again is fighting him on the wrong foot (defence)


but hey. seems you always want to take things the long route round and he most complex way, that always falls outside of logic and common sense

CSW is foolish and believes he can actually win a lawsuit against a billion dollar exchange...

He's picking on someone his own size (Coinbase). But I suspect that he's going to walk away from it with a bloody nose.

CSW has already filed a claim against Coinbase. It will be Coinbase who are spending their money to defend themselves against that claim, not DCG. DCG, being an investment and venture capital company, will have no interest in spending their money to fight a lawsuit against any of the companies they are invested in.

If we want big entities to get involved here, it will be the exchanges that CSW is already targeting. It would be in their own interests to donate to Hodlonaut, as a decisive Hodlonaut victory will only help their own cause when they end up in court themselves.

In all the countries you'll find businessmen funding politicians from all the parties (and maybe all the parties too). This ensures them a spot on the winning side, no matters who wins, but doesn't mean they believe in all of those (it would be absurd). They may not even care, as long as it's a good business and the invested money gets returned plus some extra (in a way or another).

I think that it may also be the case here, hence bringing DCG into discussion may not be actually relevant.


Would this be a good business for them? Would it pay off?

the reason i brought up the DCG group. is because although you want to separate them and NOT think of them as a big entity that could devastate CSW
.. you should think of them as a big entity that could devastate CSW

dont play coy defending DCG by saying its ok they are this and that, pretending they are not a controlling power house. then somehow end your post that you wish they were was some mystical other big fighter against CSW..
how about start by wanting THEM(DCG) to be a big entity.

plead your case for how exchanges and services should take up the fight. use your buddy echo chamber at its best to echo that message to your idol in many repeated messages over months poking the single entity into reacting.. (the same game you try playing against me).. take turns poking DCG.

if one fails.. jsut lie the games you play here, let the next buddy just happen to turn up to regurgitate the same narrative as if its a new topic. and poke again., repeat until bite and then push more.... you know the trick. you played it enough on the forum..

actually be more involved in your loyalty games and use them to your favour of contacting your idols and using your years of loyal outreach games to actually get your buddies to come together to push your idols

dont end your post with a wish. about hoping to find some other hero entity fly in to help the fight

..
businesses can claim that his actions are causing business losses and reputation losses because he is claiming that they are selling misrepresented product, or that [insert any claim]
and start slapping CSW before CSW slapps them

..
waiting for CSW to file claims against a company. is not helping.. and also being on a defence of a CSW claim where by not responding=instant win for CSW. is not good. and also defending whatever claim CSW makes and then alters in later responses is a never ending game in CSW favour..
being on the defence is not a good first foot to be on..

however if DCG got its many dozens of businesses to file many dozens of claims against CSW, then its then CSW that has to do the running around

There is a difference between owning a company and investing in a company. DCG invest in dozens of bitcoin related companies. They also invested in Ripple and ZCash. That doesn't mean that Ripple "is" DCG, nor does it mean that Blockstream "is" DCG.

Regardless, such discussion is off topic here. If you want to discuss this, please take it somewhere else or open a new thread. I'd like to keep this thread about Hodlonaut.

I agree with this, which is highly disappointing as I said above. The exchanges which made their millions billions because of bitcoin, which profited handsomely from Satoshi's creation and all the work of all the devs who have come since, won't put up a fight or even donate some money to those who are, and are quite happy to let CSW run rampant with his frivolous lawsuits. Meanwhile the individuals with nothing to personally gain but everything to lose are the ones left fighting CSW, with support from the community, while these exchanges continue to turn a blind eye.

I actually want CSW to start suing some big exchanges and force them to get involved, rather than letting other people fight their fights for them.

you do know that the DCG is all of these entities
coinbase, LN, blockstream(core, UASF), bloq(XT, segwit 2x), barry silberts NYA, plus lots more centralised services like chain analysis

which side are you on again?
are you pro
core/LN/blockstrema(segwit,UASF)

or are you anti
coinbase, chain analysisblocq(xt segwit2x)

because they are all funded by the same team

---

yes DCG dont really want to fund courtcases defending against the annoying social drama SLAPP suits of CSW
they dont want their business reputation publicised into silly court drama that has no positive benefit on their business

heck im even starting to wonder about the recent devs migrating out of blockstream in recent years and then once released suddenly on their own having to fight CSW claims. where it requires donations to cover the costs.

i too think coinbase, circle, blockchain.info, ftx, etc etc would rather not display the white paper. because there is no big fee/commission/profit in displaying it.

but as stated in a previous post i made. it would be an easy case to win to actually defend that the real inventor was calling btc bitcoin and was using bitcoin.org to supply the white paper and was linking btc to many services and exchanges and pools as bitcoin. .. thus defeating CSw arguments.

but it seems many websites/services  are shying away from that fight. where as individuals are left fighting it