Cryptocurrency: The BTC Lightning Nodeless Scam - Dumb Saylor Maxi's and Dorsey Donkey's

grarpamp grarpamp at gmail.com
Sat Jul 8 15:17:55 PDT 2023


"
MasterCard backed the DCG. The DCG supported limiting transaction
capacity to 1MB. The DCG tricked industry participants into activating
Segwit, hosting meetings where they negotiated to increase the
transaction capacity of the Bitcoin network to 2MB in exchange for
activating Segwit.

Segwit changed the Bitcoin protocol to allow competing networks (the
Lightning Network) to make BTC transactions without paying the miner's
transaction fee needed to secure the network. (an attack on the
Bitcoin security model that becomes apparent as the block reward
diminishes 8 - 12 years from activation.)

The conflict of interest is paying to limit blockchain transactions so
they can profit from the off-chain transactions that are secured by
transaction fees - and the block subsidy paid to miners.

BCH is a fork that rejected the above-mentioned corruption.

The DCG borrowed BCH (newly split coins) from many wealthy Bitcoin
holders. It offered to pay a high interest to encourage lending.

The DCG sold BCH crashing the BCH price.

The DCG is now almost defunct and unlikely to repay the BCH it borrowed.

The net result is they depreciated BCH (the idea behind Bitcoin) and
got their Segwit trojan horse protocol chang injected into Bitcoin,
and MasterCard business is not under threat. a Win-Win for DCG.
"


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