Post
Topic
Board Bitcoin Discussion
Re: Craig Wright suing 16 Bitcoin developers
by
franky1
on 11/02/2023, 16:16:48 UTC
I'd say the coins are arguably not yours to begin with, is the seizure action not written into the BSV codebase in the same way that the absolute custody of BTC is written into Bitcoin?
I suppose you are right. When CSW and his buddies can arbitrarily move any coins, then at best on BSV you have an IOU from CSW. It's really not that different to a centralized exchange - CSW owns everything, you can only use "your" coins with his permission, and you can lose everything at a moment's notice and there is nothing you can do about it.

CSw lost to a school teacher becasue hodlnauts side asked some good questions and informed the judge better about the whole situation
And because of a huge community campaign which raised $1.5 million to fund Hodlonaut's legal team: https://opensats.org/projects/opensats_legal_defense

having lawyers that know the law are an advantage. but im sure the dev team know more about CSW sworded life that some fresh faced legal team does.
yes it wil cost a lot for the dev team to consult with their lawyers to teach them the intricacies of bitcoin code, network and CSW social drama so that the lawyer can come up with compelling arguments and stuff to inform the judge.
but i am sure the devs already (and as i was saying before) know of a few east hit responses to knock CSW down a few pegs

so its not all about needing big money to fight back its about knowing what needs to be said to fight back

a case is not won by who has the bigger purse. its about whos side has the better responses and the responses that answer any information needed to win the case