CoinGeek Weekly Livestream – Kurt Wuckert Jr. is back for more Bitcoin and blockchain Q&A
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After an exciting week in Oslo where he covered Granath vs. Wright comprehensively, Kurt Wuckert Jr is back to answer many more Bitcoin questions and answers.
Hostility in Oslo
Wuckert begins by explaining that he is broadcasting from a temporary safe location due to a potential threat to his family. He says there was a growing hostility towards the end of the trial in Oslo, and the BTC fundamentalists went into overdrive to cast him, reject his position and attack him as a representative of Bitcoin SV.
This hostility started when Wuckert was told not to attend a BTC conference in Oslo. As a result, he had a BSV meeting where around 10 people attended. He wonders why other Bitcoiners can’t chat and disagree on various issues in a civil way.
This quickly turned into trying to find out where Wuckert’s hotel room was. This made him feel unsafe, and he had to report it to the police. This situation quickly escalated into full-blown doxxing with someone posting the GPS coordinates of his home, posting private photos of his wife, and generally violating his privacy.
Wuckert’s background story
Wuckert then clears up some myths and tells us more about his background. He says people used to accuse him of working for Roger Ver, but in reality he never did. In fact, he says he never even started working for CoinGeek until 2020 and is paid on a freelance basis.
Addressing some of the nonsense implied from his doxxing, Wuckert explains that his son was born in 2019 by C-section due to a high-risk pregnancy. This was a traumatic experience for his family and he had to rearrange some of his belongings to take care of them.
Is Wuckert embarrassed by any of this? No. He’s just annoyed that people are putting his safety at risk. He places the blame on the affected individuals and not the BTC culture in general.
Questions and answers
After getting all that off his chest, Wuckert begins the Q&A portion of the live stream.
Q: Why are there so many CEOs of crypto companies resigning?
There is a long list of industry leaders who have disappeared in the last year or two. Over the last few months and weeks this has gained momentum with the disappearance of Jesse Powell and others.
Wuckert says there can be two reasons: either you’re entering semi-retirement and want to take a board position, or you’ve messed up and the board removes you. Wuckert believes it is the latter that caused Michael Saylor to disappear.
Q. Did Dr. Wright’s team bring any documents, or were they just witnesses?
No. Some old files from previous cases were presented. There were over 1.9 million files in total. Dr. Craig Wight’s main evidence, in this case, was witness testimony.
Q. Want Calvin Ayre on the live stream?
Wuckert said he is not opposed to the idea, but prefers to have independent entrepreneurs. Since he agrees with both Dr. Wright and Calvin Ayre on so much about Bitcoin, he thinks the conversation could be boring.
Q. How long do you think it will take before BSV is recognized for its true worth?
It is starting to be recognized now. Wuckert said that miners he has spoken to privately are already very interested in what Bitcoin is capable of at scale. He believes that BSV will become more valuable when it has real financial demand.
Q. Where is Shadders and Teranode? Any timeline?
Wuckert reflected that he hasn’t spoken to Shadders in a while. He knows that he left nChain around six months ago and is focused on Teranode via the Bitcoin Association. He says that Teranode will be on the network as listening nodes and may well be online now. He says GorillaPool is prepared for this and has been planning it for some time.
Q. What are your thoughts on the Zatoshi drama?
Wuckert said it looks like a lot of “he said, she said” going both ways. He says that some have claimed that he owes them this and that, but he has also been good at communicating. In the end, Wuckert doesn’t know what to think about it.
Q. What is the confusion surrounding RUN?
Wuckert said he doesn’t think there is any confusion. They announced that they are open-sourcing it and pivoting to work on something else. He praises Brenton, Aaron, and Miguel as extremely talented software engineers/developers, and he’s confident that what they set out to work on will be good.
Q. Do you think the judge understood that keys are not identity and that court orders can move BTC from one person to another?
Wuckert recalled that she definitely understood the first point. However, he is also sure that she did not understand what he meant by the court order that moved coins. He plans to do a special on how this will work in practice.
Q. Can BSV protect against payment censorship, like what happened with PayPal and the Free Speech Union?
“Absolutely,” Wuckert said. He elaborates on how the arguments that the possibility to reallocate coins means that BSV is centralized falls flat. He outlines how randomly redistributing coins is prohibitively expensive and requires multi-jurisdictional cooperation.
Q. Is talk of Norges centralbank using BSV something new, or is it an old article being recycled?
The latest buzz was caused by an old article, Wuckert said. R&D is ongoing, however, and no one knows its status. Bitcoin SV was one of the options they looked at to put the CBDC version of NOK on.
Questions. Any updates on LiteClient and its use across exchanges? Will it reduce the number of confirmations?
Wuckert does not have a LiteClient update. He does not know how many exchanges have adopted it, but he knows that there is a specific person whose job it is to facilitate these relationships.
Q. In the event of a court order to move coins, how will it work across multiple jurisdictions?
“It has to be coordinated or it won’t work, period,” Wuckert said. If the UK does it, Canada doesn’t, the US does it and Japan doesn’t, half the pools can move and half can’t, so it won’t work.
See: The presentation of the BSV Global Blockchain Convention, BSV Blockchain: A World of Good
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