I read this. Its a great write up and I don't know what it all means. I don't know anything about blockstream mining... To me they were always a tech company that did lightning and hardware wallets and a few relatively small investments around liquid, nothing like what the article says.
People that according to the article buy that many houses and yachts... They can't even use all that crap so there are usually some serious skeletons and I hope its not as fraudulent and corrupt as the article implies.
The last thing bitcoin needs is another corruption scandal on its periphery especially one of this magnitude.
ctrl-f: CLN - 0 results
ctrl-f: lightning: 0 results
Saying Blockstream hasn't contributed to Bitcoin is a bit much.....
Yes, the author is clearly not a bitcoiner and has a strong agenda. Nonetheless, the treasury company hijinx aren't a good look.
This is a good question
And
Adam already have a lot of bitcoin so why being involved in this scam?
Now I see the departure of Rusty from Blockstream from another pov. Seems that he didn't want to be related anymore with this crap.
I read this. Its a great write up and I don't know what it all means. I don't know anything about blockstream mining... To me they were always a tech company that did lightning and hardware wallets and a few relatively small investments around liquid, nothing like what the article says.
People that according to the article buy that many houses and yachts... They can't even use all that crap so there are usually some serious skeletons and I hope its not as fraudulent and corrupt as the article implies.
The last thing bitcoin needs is another corruption scandal on its periphery especially one of this magnitude.
This is quite the bombshell allegation! Thanks for sharing, I almost missed it
adam back: muppet
john carreyrou: useful idiot
it's the usual pattern where the suits ride the coattails of the devs and leave them holding the bag.
blockstream may have the dubious honor of joining that club.
If you peel all the layers back it's just affinity and riding coat tails, this fraud (if it is indeed one) and pretty much every other.
Back has a halo and is somewhat of a dupe, so he will be milked by bad guys until the cow dies.
that's the usual pattern anyway.
too early to say if it plays that way for blockstream. but many red flags
I have read the article and it really makes me worry... There are so many red flags...
Damn is everyone is a scammer? It appears so. I didn’t read the entire article but this is good journalism. If it is all based in fact
Asking questions answered 12 years ago already ;)
https://nakamotoinstitute.org/mempool/everyones-a-scammer/
Hahaha thanks Murch
Adam Back vel Andy Back, Chris Cook, Samson Mow, Jesse Knutson, Tobias Seidl, Chris Atkinson. @sideswap_io.
Scam alert!
https://m.stacker.news/144885