The Bitcoin Podcast #204: Chris DeRose The Bitcoin ...

Banned from /r/bitcoin after exposing childish, incorrect views from the "Bitcoin Uncensored" weirdos about mining centralization

I was banned from /bitcoin for this comment.
TLDR:
1) James D'Angelo exposed the "Bitcoin Uncensored" hosts during one of their "podcasts" for a list of fundamental misconceptions about how Bitcoin and markets work. The hosts didn't understand the difference between mining pools and mining hardware, that you can't simply "move" an industrial chip foundry, or that China is a command and control economy.
2) vakeraj calls James "crazy" on reddit for his views in the thread comments.
3) I point out that actually, no, you can't just move industrial chip foundries, that mining is already centralized, and James is probably correct regarding his views on monopolies and economies of scale.
4) Suddenly I'm banned!
Here's the fun part, Here is vakeraj being promoted by that Chris Derose Bitcoin Uncensored host from his personal website!
FYI: /bitcoin moderators are banning people who expose and/or disagree the Bitcoin Uncensored hosts and their friends. I'm guessing there is advertising money or some form of payola involved here as well.
submitted by 10mmauto to btc [link] [comments]

Banned from /r/bitcoin after exposing incorrect views from the "Bitcoin Uncensored" weirdos about mining centralization

I was banned from /bitcoin for this comment.
TLDR:
1) James D'Angelo exposed the "Bitcoin Uncensored" hosts during one of their "podcasts" for a list of fundamental misconceptions about how Bitcoin and markets work. The hosts didn't understand the difference between mining pools and mining hardware, that you can't simply "move" an industrial chip foundry, or that China is a command and control economy.
2) vakeraj calls James "crazy" on reddit for his views in the thread comments.
3) I point out that actually, no, you can't just move industrial chip foundries, that mining is already centralized, and James is probably correct regarding his views on monopolies and economies of scale.
4) Suddenly I'm banned!
Here's the fun part, Here is vakeraj being promoted by that Chris Derose Bitcoin Uncensored host from his personal website!
FYI: /bitcoin moderators are banning people who expose and/or disagree the Bitcoin Uncensored hosts and their friends. I'm guessing there is advertising money or some form of payola involved here as well.
submitted by 10mmauto to Bitcoin_Exposed [link] [comments]

Chris DeRose: " Bitcoin core is not Bitcoin. This is uncontentious."

Chris DeRose: submitted by Egon_1 to btc [link] [comments]

Chris DeRose: “"We've always been here for fractional banking" - Bitcoin class of 2019”

Chris DeRose: “ submitted by Egon_1 to btc [link] [comments]

Chris DeRose from 'Bitcoin Uncensored': "Alright everyone, it's official, I'm taking #Monero tips now for show expenses."

Chris DeRose from 'Bitcoin Uncensored': submitted by luxem555 to Monero [link] [comments]

Chris DeRose on Twitter: "So if Roger ver wins the class action lawsuit, I assume that Bitcoin cash can then rightfully sue Bitcoin core proponents for fraud?"

Chris DeRose on Twitter: submitted by rdar1999 to btc [link] [comments]

Chris DeRose: "Sigh. Bitcoiners are *the weakest* people online. There is no group weaker than bitcoin maximalists. It's so sad what's become of this community. [...]"

Chris DeRose: submitted by Egon_1 to btc [link] [comments]

"This could be big: US Government considering accepting bitcoin for US visa application/payment fees" | Chris DeRose on Twitter

submitted by finalhedge to Bitcoin [link] [comments]

Chris DeRose: "Just like Bitcoin Core is a soft fork of the bitcoin blockchain, and thus bitcoin core is a fork of bitcoin. [...]"

Chris DeRose: submitted by Egon_1 to btc [link] [comments]

Interview with Chris DeRose and Junseth from Bitcoin Uncensored

Interview with Chris DeRose and Junseth from Bitcoin Uncensored submitted by mccormack555 to Bitcoin [link] [comments]

Ex BTC supporter Chris Derose on the state of Bitcoin core

Ex BTC supporter Chris Derose on the state of Bitcoin core submitted by hunk_quark to btc [link] [comments]

Chris DeRose is an Idiot... Got Nothing Right in 2014. How Is This Your Oracle r/Bitcoin?

Chris DeRose is an Idiot... Got Nothing Right in 2014. How Is This Your Oracle Bitcoin? submitted by junseth to Bitcoin [link] [comments]

About to go live: "What is Counterparty Cash? w/ Julian Smith" - Bitcoin Uncensored - Chris DeRose show.

About to go live: submitted by rdar1999 to btc [link] [comments]

Bitcoin Uncensored: "Peter Todd Talks Blockchains, Proof of Work, Ethereum and Immutability with Chris DeRose and junseth"

Bitcoin Uncensored: submitted by eragmus to Bitcoin [link] [comments]

Bitcoin Maximalist Chris DeRose gets called out on his anti-ICO FUD

Bitcoin Maximalist Chris DeRose gets called out on his anti-ICO FUD submitted by compilermerchant to ethtrader [link] [comments]

Chris DeRose - Lessons from Bitcoin's Civil War - Or Simply Why Decred Exist

Chris DeRose - Lessons from Bitcoin's Civil War - Or Simply Why Decred Exist submitted by yay12 to decred [link] [comments]

Chris Derose: "Its time to stop 'pretending'. You don't own Bitcoin. Now can we stick together?"

I am reprinting this with Chris's permission - originally posted on his Patreon board.
------Start Article------
You don't own Bitcoin. There, someone had to say it. Might as well be me. Owning Bitcoin was a great meme. Had an awesome run. But you don't own it, and never did. Sound delusional? Nope. By the end of this article, you will probably agree. What was once once a simple equation has become far more complex. And with that complexity comes a new understanding of what it is you bought: a UTXO.
If you know what a UTXO is - skip this paragraph, and continue on to the next one. If you don't, read on. Bitcoin uses a 'triple ledger accounting system'. What you know as 'your balance' (say, "3 bitcoins") is actually a collection of 'checks' made out to your public address. When you spend 'a bitcoin', you broadcast a check of your own. Your check allocates Satoshis from the unspent checks you hold, as the source of the funds for the next guy. That check you wrote out to the next guy? That check is now an unspent transaction output (UTXO). He can use this unspent check to repeat the procedure. This process of new checks written by sourcing unspent checks continues on indefinitely. Still confused? Here's an ancient presentation where I explain this process in greater detail. If you're a Bitcoin investor, you should understand what risk you own.
Now it's time to have a sober discussion about the ramifications.
Unlike 'pennies' or 'gold bars', every UTXO is different. Every single one is unique. Like checks, no two are identical. As such, each UTXO represents a different articulation of risk. Some UTXOs might be 'tainted' with a black market origination. These UTXO's will be hard to redeem at an exchange, and may be better suited for sale on localbitcoins.com. Selling the UTXO there, has the benefit of maintaining secrecy. This benefit will make that UTXO more valuable. Or, maybe, you want to try your luck at tumbling these UTXOs. For a fee, someone will jumble your check up and obfuscate its origin. You can redeem this newly obfuscated check on an exchange at a small total net loss. This form of UTXO risk is generally labeled 'fungibility' risk. We've had this risk for years, and by and large, it's a well understood problem. But there's a more relevant kind of UTXO risk in 2017.
I don't know what to call this newer risk, if not 'consensus' risk. See, your UTXOs were formed at a certain block height. And as a general rule, the older your UTXO, the less consensus risk that UTXO has. For example, if your UTXO was formed prior to the Bitcoin Cash fork, it can be redeemed on both Bitcoin blockchains. Depending on how old your UTXO is, it may even be redeemable on one or more of the following Bitcoin blockchains: XT, Classic, Unlimited, and even Clam. (Assuming buyers for these Bitcoins are still around.)
If you're skeptical that some UTXOs are riskier than others, ask yourself what you'd want: A older UTXO that can be spent on all bitcoins? Or a newer one, that's only available on your favorite bitocoin? The correct answer, is the UTXO that can be redeemed across all bitcoins. It's more valuable, for the simple reason that it can be spent on all networks. And many people are proud to claim the 'Bitcoin Cash' value of their UTXOs for value on the... well, Bitcoin-that-is-not-Cash.
So what you thought was 'a Bitcoin' is actually a UTXO, formed under a Bitcoin ruleset. And your UTXO is redeemable under one or more other Bitcoin rulesets. These rulesets have version numbers. And you know what? They even have names.
In fact, its kind of annoying to keep talking about the Bitcoin-that-is-not-Cash. Hell, I'd like to talk about the Bitcoin-that-is-not-Cash-and-not-xt-and-not-classic-or-unlimited-or-clams-either quite frankly. And you know what? I think investors would too. So I polled them. And that seems to be what they said.
So, I went to bitcoin.org, and I wanted to see what they would call this bitcoin, that so many people seem to want unnamed. And they call it this:
Bitcoin Core
There. That wasn't so hard. Download Bitcoin Core.
The benefits of articulating what risk we want to bear when holding UTXOs are manyfold. Take the bitcoinj, btcd, and bcoin rulesets. I know what you're thinking: they're all the same! Nope. You're completely wrong. Here's another ancient video I did. This time with Peter Todd. Peter Todd wrote a lot about the difficulties that can cause ruleset implementations to come out of sync with Bitcoin Core. There are so many, that exchanges don't bother running those implementations at all. Or when they do, they only do so to ensure that all versions of all rulesets are in sync. If you're skeptical, run a little experiment with yourself. If a weird bitcoin transaction came into a block, that caused implementations to go out of sync, which implementation would you proceed on? Do you have an answer? I bet it's Bitcoin Core. Or hey, maybe its Bitcoin Cash. But the point is the same: Consensus implementations are named and numbered. And both of those labels impact the risk of the UTXOs they produce.
Still in disbelief about the difficulty of consensus? Here's another great article on the subject. There are many others. This is an old topic, settled long ago.
And you know what? I think that's great. I love Bitcoin Core. So do most bitcoiners. Articulating our consensus risk lets us solve problems like this without government intervention. Similarly, exchanges won't want to bear the legal liabilities associated with making guesses over what consensus risk their depositors want exposure to. You may still be reluctant to stand in solidarity with your most trusted Blockchain team. I get that. I too resent that the community has fractured to the degree that it has. Blockchain ain't what it used to be.
If you thought this article was complicated, well, no one wants to have this discussion with the courts. And over time, you can expect more organizations to begin declaring this too. So, I think we should just embrace the elephant in the room. Rather than wear hats. Change our twitter handles. And do whatever crazy thing it is we do to express solidarity with a team, why not just start calling our favorite Bitcoin by its name? That seems like a reasonable way to tell the people who hold our UTXOs what to do when there's an emergency.
Belonging to a team isn't shameful. It's worked well enough for most blockchains. And really, we don't have a choice. Be proud to declare the Bitcoin you want to hold, and maybe you'll drown out those that wish to take it from you. If we stick together, maybe that will address the problems that caused us to be afraid of labeling our bitcoin to begin with. Who knows? Maybe that can even get a non-contentious hardfork out the door one of these days.
All this discussion does raise a greater question though: What is the true Bitcoin? Some people like Vinny Lingham, think it's ruleset with the largest amount of work. That's been my view. But it's a tough view these days as relations between Bitcoin Core and its miners have deteriorated. I still lean toward energy-expended as the best metric. But I don't think anyone really knows what to do. Maybe the 'true Bitcoin' is the Bitcoin with the highest market cap. Or highest volume. Or highest node count. Or... maybe we don't have a true Bitcoin. And the best that we can do is have the market asses the risk of competing rulesets.
I love core. They're great. But there's nothing more political than rulesets. We seem to be in a partisan era in the story of Bitcoin. Some people are engaging in denial. Others look forward to the ability to express solidarity with a group of specialists they trust.
What do you think?
submitted by caulds989 to Bitcoin [link] [comments]

(Improved Audio) Chris DeRose and Junseth and I talk about who creates new USD, the problems with liberty, fractionally reserved bitcoin, inequality, holding your own private keys, and more!

(Improved Audio) Chris DeRose and Junseth and I talk about who creates new USD, the problems with liberty, fractionally reserved bitcoin, inequality, holding your own private keys, and more! submitted by TheAlexGalaxy to Bitcoin [link] [comments]

Chris DeRose Interviewed On WhalePool Team Speak 12/3/16 by Bitcoin Uncensored

Chris DeRose Interviewed On WhalePool Team Speak 12/3/16 by Bitcoin Uncensored submitted by pizzaface18 to Bitcoin [link] [comments]

So Chris DeRose is saying the President of the united states could announce something about Bitcoin, do you think there is a probability that could really happen in the near future?

https://www.youtube.com/watch?v=PMgDKQ_uG8Y
If you ask me ist sounds plausible Ed Felten will tell the president something about Bitcoin, so it could really be happening that he says the ,,B'' Word in front of a camera.
submitted by Jackieknows to Bitcoin [link] [comments]

Bitcoin vs Gold. Peter Schiff vs Chris DeRose - Live at 2:00 P ET

Bitcoin vs Gold. Peter Schiff vs Chris DeRose - Live at 2:00 P ET submitted by brighton36 to Bitcoin [link] [comments]

Chris DeRose: "Sigh. Bitcoiners are *the weakest* people online. There is no group weaker than bitcoin maximalists. It's so sad what's become of this community. [...]"

Chris DeRose: submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

CryptoScam #1 - Bitcoin (w/ Chris DeRose) Are ICOs Legal? - MadBitcoins interviews Chris DeRose to find out! Bitcoin Uncensored - YouTube Chris DeRose: Ethereum, ICOs & Alt Coins Are Ponzi Schemes? Fallen Hero, Chris Derose:

Hello, I'm Chris DeRose. Somehow or another, you decided to look me up. And, well, here I am. There's not much you're going to learn about me here. Mostly I'm using this domain for my personal e-mail. There's plenty of stuff you can find about me online though. I suppose if you need help getting started, maybe you can begin with my Github. Contact Me. If you would like to pass me a message ... Chris DeRose Sep 25, 2016 Lead developer of Drop Zone Chris DeRose argues that ICOs are little more than rebranded altcoins and come with similar risks. Bitcoin Protocol Bitcoin Uncensored. Chris DeRose. Miami. A podcast by people who believe in nothing, interviewing people who believe in everything, for people who don't care to read. Bitcoin Uncensored’s tracks We're moving off of SoundCloud - Adjust your podcast RSS to the new URL? by Bitcoin Uncensored published on 2017-07-31T20:26:24Z. Paul Sports Freaks Out over ICO's - Where did we go wrong!? by ... With Bitcoin Uncensored, Chris DeRose and Junseth actively regularly dissected these projects, exposing the false promises and scams prevalent in the space but they acrimoniously split in 2017 as their visions and personal objectives were no longer aligned. The podcast was very popular with many Bitcoiners but also created them enemies with their no holds barred content. Chris and Junseth ... Bitcoin evangelist, Programmer, and Community Director of the Counterparty Foundation.I'm a lead organizer of the South Florida Bitcoin group, a lecturer, and the proud owner of two amazing cats.I write for Bitcoin Magazine, and contribute to Let's Talk Bitcoin.This site is snapshot of what's going on in my life, and a scratchpad for ideas.

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CryptoScam #1 - Bitcoin (w/ Chris DeRose)

Where have we been with Bitcoin, and where does our future lie? What efficiency will smart contracts and tokenized value offer us, and how will that change society. In this video, I introduce the ... Chris comes clean about Bitcoin letting him down. Here's the link to the 26 page paper he references: http://people.uncw.edu/kozloffm/glubb.pdf Chris DeRose:... Donate Bitcoin: 1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Be a Patreon: https://www.patreon.com/madbitcoins Dear SEC: ICOs & ‘Tokens’ are killing innovation https:/... Chris is a Bitcoin evangelist, public speaker, podcaster, and journalist. He's a lead organizer of the South Florida Bitcoin group, a lecturer, and the proud owner of two amazing cats. He's a ... In this first episode of CryptoScam, Chris DeRose and I explore the possibility of Bitcoin being a Scam. We cover topics like Natural Ponzi's, Bitcoin's early days with Satoshi mining most of the ...

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