For the first time in bitcoin’s on-going two years old scalability “debate,” three bitcoiners have taken physical action by entering a public area of the Israeli Offices of Bitmain and plastering it with hard-hitting posters. Gadi Glikberg a VP International Sales & Marketing BitmainTech Manager, publicly stated:
“During the last weekend, at nighttime, while the office was closed and we were away, he infiltrated the building where our office is and decided to go on a good old fashion vandalism streak, posting messages threatening our employees.”
Bitmain offices vandalized with posters in protest – source twitter.
An online video shows flyers being posted under office doors by three individuals. They further plastered them around the premises, including the car park area which seems to have been fully empty at the time.
It’s not clear whether Glikberg is referring to the above as threatening or whether there were other unpublished acts, but he says they were undertaken by Nadav Ivgi, founder of Bitrated, a bitcoin start-up which says they establish chargeback like functions for bitcoin payments through establishing reputation in a web of trust manner by building “a layer of trust on top of blockchain technology.”
Ivgi publicly stated that “the protest took place only in the public areas of the building, none of the protesters entered any offices or other restricted areas.”
The three men, who appear to be in late teenage years or early twenties, did seem to be only sticking posters up, but the act follows some online history between Glikberg and Ivgi, according to the former, who says Ivgi had been very vocal online against Bitmain. The two publicly debated the issues, but that appears to have not led to any changes.
“The attacks kept coming, even got personal at times. I disengaged. What’s the point of talking if there’s no one listening?… I left an open invitation to Nadav and anyone else that’s interested in talking to come visit our office, have coffee, and discuss.
But coffee and discussion was not what he was after. As we stopped responding online and did not engage, he decided to escalate.”
That escalation was in the form of putting up some very polished hard-hitting political posters which appear to be the work of a marketing agency as they seem to be very professional in appearance.
Some may, therefore, wonder who paid for these posters which must have taken considerable time to design, and, whether the three men were genuine activists or paid to engage in a political campaign which may now look very similar to actual politics of camp Hillary or camp Trump.
A very sad state of affairs for the platform some dared call the people’s money, a label which is becoming more and more deserving for that other platform where they talk about an industrial revolution rather than petty 1MB storage space which was first provided as far back as 1986 when the first 1.3MB floppy disks shipped.
Even more depressing is the increasing awareness that some sections of bitcoin’s community, including prominent developers, appear to have completely forgotten about the breakthrough solution to the question of “how do we measure what the economic majority supports?”
But maybe they never believed bitcoin’s consensus system can work and perhaps always thought it is far better to have team Hillary and team Trump, with crowds shouting big blocks or small blocks, in a theatrical circus.
Because that’s all that’s left in the bitcoin land as the best, the builders, the thinkers, the visionaries, have long gone to greener pastures, where the crowds shout “smart contracts,” “where is Tesla,” “muh lambo,” “gib flying car.”
The concluding thought goes to companies like Bitmain which, unlike many – including businesses, developers, users – actually have no choice but to engage with the circus. They can’t say they were not warned, but no one feels good when they say “I told you so.”
Although, frankly, the miners are not without blame. 30% of them continue to not signal for any solution. The rest of them took two years to make a decision when they should have done so in weeks. However, if we start opening the blame game it’s a very, very, long list, including all bitcoiners collectively.
Featured image from Twitter.
Bitcoin Price Corrects to $5,880, Down $270 After New All-Time High
Earlier today, on October 22, the bitcoin price declined from $6,150 to $5,880, recording a minor correction after achieving a new all-time high at $6,199.
Bitcoin Price Increases From $4,800 to $6
Your Reputation Hides within Your Mobile Phone
A mobile phone is your friend, business assistant, a way to connect your dear ones, and even a boss sometimes if you set the alarm on. However, what if your phone can be a reputation tool able to
Dilbert Comic Strips Lampoon Blockchain and Initial Coin Offerings
With the enterprise business world moving closer to launching blockchain-based products and services, it's no surprise that the popular comic Dilbert would tackle the subject.
In the past week, com
Bitcoin Price Weekly Analysis – BTC/USD Buyers In Control
Bitcoin price remains in a major uptrend above $5600 against the US Dollar. BTC/USD might even trade past $6200 in the near term. This past week was mainly bullish for Bitcoin price as it moved
COMMERCEBLOCK Digitalizing and DeRisking Global Trade
The global trade gap is narrowing but with little help from fintech, according to the Asian Development Bankâs (ADB) annual survey. Surprisingly, only 20 percent of firms report using digital trade
Ethereum Price Weekly Analysis – ETH/USD Not out of Woods
Ethereum price is neutral against the US Dollar, but under a lot of pressure against Bitcoin. ETH/USD needs to hold $280 to avoid more declines. This past week, there was an upside move in ETH
WAX: Using Blockchain To Empower Decentralized Exchanges Of Virtual Goods
The worldwide video gaming market has grown to the extent that computer gaming is being touted as a potential future Olympic sport. In this context, an entire sub-industry has grown around trading
Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Capped
Bitcoin cash price is maintaining a neutral bias above $300 against the US Dollar. BCH/USD has to break the $350-370 resistance to trade past $400. There were mainly ranging moves in Bitcoin cash