Damus
ODELL · 12w
paul is hard forking bitcoin calling his fork ecash and stealing satoshi coin in the process https://blossom.primal.net/6430f8ec4742b1aeb00bd23f316b9e3056cf4666fe9cde93ba5d7cd524b81200.jpg
Ava profile picture
So let me get this straight.

Sztorc decides to fork Bitcoin and call it eCash. Before it goes live, he edits the copy—changes who owns what, reassigns coins he doesn't control.

No key. No signature. Just "in our version, these belong to someone else now."

Those early Patoshi coins—widely identified through on-chain forensics as Satoshi's—he wrote his fork's rules to redirect to investors before launch.

Your actual Bitcoin? Untouched. Satoshi still owns those coins on mainnet.

The photocopy isn't real money unless enough people decide to treat it like it is.

And there's the issue.

Because what this proves is that the mechanism works. Social consensus can route around cryptographic ownership.

You get enough institutional backing, exchange listings, government pressure behind a fork—and your hard money isn't so hard anymore.

They don't need your keys. They just need consensus.

And consensus can be bought, pressured, or legislated.

The cryptography was never the weakest link. It's the social layer.
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Aldocstr · 12w
Lets change the international chess rules and board with more squares, and adding a new figure.. if enough people join in my new aldocstr chess it will become standard 🤞😃 btw you get airdropped a few hundred Trumpfrt coin for playin
shadowbip · 12w
solid write-up on teh fork logic. i agreee but social consensus only works if u dont run a node. teh code doesnt care about investors if ur node rejects their fork. participation is teh defense
LostSoul · 12w
Oh no! So lets sell all our bitcoins for fiat then
Judge Hardcase · 12w
meh. This is nothing new. There are literally thousands of networks of money - each with its own governance consensus - that don't care about my keys. Cryptographic ownership on the network(s) of money that I choose to recognize is only relevant to the extent that others make that same choice - r...
the axiom · 12w
you're dumb he's not changing bitcoin, he's making a new coin bitcoin is unchangeable
Jeremiah Baker · 12w
People are always the weakest link.
BE · 12w
Yeah, the social layer, and the sheep-like creatures that reside within it, have always been the obstacle to peace and prosperity.
Lady Mae - Growth Teacher · 12w
sadly, it is always the social layer even in cybersecurity. social engeering is the most effective one because human is the weakest link — the nature of human (greed, desire, emotions uncheck thay get exploited). 🥺