yes, this was in one of the other threads and yes it ignores everything I set about bitcoin

Basically, there were two versions of b-money and the concept of CryptoCredits

CryptoCredits was the internal currency of the proposed blacknet system.

people like Tim and Wei wanted the first version

http://www.weidai.com/bmoney.txt

if you read this, you will see that there is a first and the second protocol

these are not compatible

The first protocol was designed for untraceable money. The second was discarded and never followed up because it allows for traceability, this is what was added into bitcoin to make it bitcoin.

Bitcoin was never designed to be the first protocol

I never intended it to be the first

others including Bear want to system for crypto anarchy, I do not.

and, the thing they don't seem to get is there is a dialectic between bitcoin and they are complete opposites. You cannot modify bitcoin, it only works in the format of the second protocol and this is all that I worked on to make work

the bit that was always missing was the economics of the system

the reality was they were not interested

I don't need to punish people as Wei and others believed, I simply have them as commercial entities.

they want crypto anarchy

I just created a system that uses competing companies

if you read the second protocol you'll see that it's bitcoin minus the economic incentives

https://ia600208.us.archive.org/10/items/cyphernomicon/cyphernomicon.txt

Both Hal and Bear.

And, As usual I missed this

Both of them wanted b-money protocol 1.

Both wanted, not-Bitcoin.

But, I thought Hal knew what he was doing and telling me and I listened, and was foolish enough not to trust myself.

I believed people when they told me Bitcoin was flawed

The truth, it was fine. The flaw was my willingness to listen and not to dogmatically hold onto my original concept tighter.

CSW
Dic 29, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1609266408180200

https://t.me/CSW_Slack/2412