> and all transactions should be open to the scrutiny of an honest government.

 

>From what do you derive the moral judgement “should” in this context?

 

> The value proposition is … because people will trust the system?

 

So, it’s valuable because it’s trusted? Trusted to do what exactly? What that 
government money doesn’t already do, specifically.

 

> If it is not necessary to maintain consensus then what is consensus?

 

Nothing is “necessary”. Consensus is an agreement among people. It’s voluntary. 
Any person can choose to leave, create or join another consensus, or stay where 
they are.

 

> BCH exists in addition to BTC Bitcoin.

 

Exactly, people are free to do what they want. Nobody “should” do anything 
except that which they want to do. This and this alone is the “highest value” 
if one accepts the moral principle of non-aggression. You do not appear to, and 
I’m afraid that may be well outside the consensus view among core bitcoin 
developers (the people you are talking to).

 

e

 

From: LORD HIS EXCELLENCY JAMES HRMH <willt...@live.com.au> 
Sent: Tuesday, March 2, 2021 6:55 PM
To: Eric Voskuil <e...@voskuil.org>; Bitcoin Protocol Discussion 
<bitcoin-dev@lists.linuxfoundation.org>
Cc: Ariel Lorenzo-Luaces <ariellua...@gmail.com>
Subject: Re: [bitcoin-dev] Taproot NACK

 

Good Afternoon, 

 

All people are entitled to privacy in their purse, and all transactions should 
be open to the scrutiny of an honest government. You can debate whether any 
government is honest. Mixing does not remove the record from the public ledger, 
where it is possible to see that any Bitcoin has transferred from an UTXO to 
some Pay-To address even with some amount of transaction in between them. The 
value proposition is the same  <https://www.youtube.com/watch?v=l9jOJk30eQs> 
https://www.youtube.com/watch?v=l9jOJk30eQs - because people will trust the 
system; people trust the existing consensus.

 

Let us dispense with the screen and deal with the issue only. If it is not 
necessary to maintain consensus then what is consensus?

 

The intrinsic value of Bitcoin is because of the existing consensus. Even if 
any proposal gains consensus there is no objective way to show it improves the 
intrinsic value without trialing and the possibility of failure and so 
protecting the existing consensus should be the highest value. This 
understanding is the reason BCH exists in addition to BTC Bitcoin.

 

KING JAMES HRMH

Great British Empire

 

Regards,

The Australian

LORD HIS EXCELLENCY JAMES HRMH (& HMRH)

of Hougun Manor & Glencoe & British Empire

MR. Damian A. James Williamson

Wills

 

et al.

 

 

Willtech

www.willtech.com.au

www.go-overt.com

and other projects

 

earn.com/willtech

linkedin.com/in/damianwilliamson

 

 

m. 0487135719

f. +61261470192

 

 

This email does not constitute a general advice. Please disregard this email if 
misdelivered. 

  _____  

From: Eric Voskuil <e...@voskuil.org <mailto:e...@voskuil.org> >
Sent: Tuesday, 2 March 2021 9:37 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willt...@live.com.au 
<mailto:willt...@live.com.au> >; Bitcoin Protocol Discussion 
<bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Cc: Ariel Lorenzo-Luaces <ariellua...@gmail.com <mailto:ariellua...@gmail.com> >
Subject: Re: [bitcoin-dev] Taproot NACK 

 

To be clear, is this a NACK because Taproot reduces “transparency” (increases 
privacy) on the chain (“maintaining consensus” is obviously an argument against 
any protocol change, so that’s a red herring)? 

 

And is it your theory that only an “honest” (statute abiding) person should 
have privacy, and not against the state, and/or that mixers are sufficient 
privacy?

 

Personally, I’m not moved by such an argument. What do you think is the value 
proposition of Bitcoin?

 

e





On Mar 1, 2021, at 14:21, LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev 
<bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote:

 

Good Afternoon,

 

I am going to take tough terms with much of your reply and do appreciate a 
courteous practice. Having previously made public disclosure of my affiliation 
with Jambler.io it seems sufficient to disclose my affiliation through the link 
in my email signature block.

 

My concern is not increased privacy it is maintaining consensus values and the 
transparency of the blockchain wherein all transactions are published in an 
immutable record and that forbids the redaction of information by any 
obfuscation. A separate concern is the availability of a privacy suitable for 
cash should a Bitcoin user desire and especially without disturbing the 
existing consensus.

 

The use of a Bitcoin Mixer is to enable standard equivalent privacy. As you may 
experience yourself, you do not allow people to follow you around looking in 
your purse, suppose you are dealing entirely with cash, and to see where and 
how much you fill it up, and where you spend. Nonetheless, for an honest 
person, their wallet is available for government audit as are their financial 
affairs. This is consistent with the existing operation of consensus.

 

My full email signature block is a disclosure where I have some affiliation 
with the referenced website being that it carries at least some information 
that I have provided or that in some way I am associated perhaps only making 
use of their services. For example, I hardly make a profit from LinkedIn just 
my information is there. Also, I have made previous public disclosure of the 
affiliation. Bitcoin Mixer 2.0 is a partner mixer run by Jambler.io wherein I 
receive a service referral fee and am not in receipt of any part of the process 
transaction. The operation block diagram provided by Jambler.io is provided 
here and attached.

<ip.bitcointalk.org.png>

 

[ip.bitcointalk.org.png]-Operation of Jambler.io partner mixer

https://ip.bitcointalk.org/?u=https%3A%2F%2Fjambler.io%2Fimages%2Fscheme-1.png 
<https://ip.bitcointalk.org/?u=https%3A%2F%2Fjambler.io%2Fimages%2Fscheme-1.png&t=622&c=gTi7r1cfh-yynw>
 &t=622&c=gTi7r1cfh-yynw

from this thread  https://bitcointalk.org/index.php?topic=5267588

 

 

The installation script provided by Jambler.io that is the basis of my referral 
website is also publicly published,

https://github.com/jambler-io/bitcoin-mixer

 

The disclosure for the partner program is available from Jambler.io however and 
is made prominently on my referral website. While it may seem lucrative at 
first I insist all partner profits are reportable on your personal income.

https://jambler.io/become-partner.php

 

I am certainly better than confident that you appreciate the difference between 
an open and transparent blockchain and the ability of the user to not reveal 
details of the content of their wallet publicly.

 

If further clarification is required may I suggest you pay a token and mix some 
Bitcoin wherein our discussion may then have some point of reference.

 

KING JAMES HRMH

Great British Empire

 

Regards,

The Australian

LORD HIS EXCELLENCY JAMES HRMH (& HMRH)

of Hougun Manor & Glencoe & British Empire

MR. Damian A. James Williamson

Wills

 

et al.

 

 

Willtech

www.willtech.com.au <http://www.willtech.com.au> 

www.go-overt.com <http://www.go-overt.com> 

and other projects

 

earn.com/willtech

linkedin.com/in/damianwilliamson

 

 

m. 0487135719

f. +61261470192

 

 

This email does not constitute a general advice. Please disregard this email if 
misdelivered.

  _____  

From: Ariel Lorenzo-Luaces <ariellua...@gmail.com 
<mailto:ariellua...@gmail.com> >
Sent: Monday, 1 March 2021 12:07 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willt...@live.com.au 
<mailto:willt...@live.com.au> >; Bitcoin Protocol Discussion 
<bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Subject: Re: [bitcoin-dev] Taproot NACK 

 

Hello LORD HIS EXCELLENCY JAMES HRMH

I find a striking dichotomy between your concern of increased privacy in 
bitcoin and your link to a bitcoin mixer in your signature www.go-overt.com 
<http://www.go-overt.com> 

At first your concerns seemed genuine but after seeing your promotion of a 
bitcoin mixer I'm thinking your concerns may be more profit motivated? I can't 
tell since you failed to disclose your relationship with the mixer.

Could you please clarify your association with the bitcoin mixer and moving 
forward could you please always do proper disclosure any time you're publically 
talking about bitcoin transaction privacy. It's only fair to do so as to not 
mislead people in an attempt to manipulate at worst and just a courteous 
practice at best.

Cheers

Ariel Lorenzo-Luaces

On Feb 28, 2021, at 4:36 AM, LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev 
<bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote: 

Good Evening, 

 

Thank-you for your advice   @JeremyRubin <https://twitter.com/JeremyRubin>   on 
the basis you advise, "Taproot does not enable monero-like privacy features", I 
am prepred to withdraw my NACK notably that the existing feeatures of Bitcoin 
MUST be maintained, and whereby the UTXO of a transaction is identifiable, the 
PayTo Address, and the amount all without any obfuscation. 

 

Lightning does not really provide obfuscation, it provides a result of a subset 
of transactions although the operation of the channel is observable to the 
parties. 

 

The reports I were reading concerning the supposed operation of Taproot 
published in a public media channel may have been speculation or misinformation 
nonetheless it is prudent to conditionally reply as you see that I have. It is 
important not to allow things to slip through the cracks. As you may believe 
may astute reviewers could make a full disclosure to this list it is not to be 
expected. 

 

KING JAMES HRMH 

Great British Empire 

 

Regards, 

The Australian 

LORD HIS EXCELLENCY JAMES HRMH (& HMRH) 

of Hougun Manor & Glencoe & British Empire 

MR. Damian A. James Williamson 

Wills 

 

et al. 

 

  

Willtech 

www.willtech.com.au 

www.go-overt.com 

and other projects 

  

earn.com/willtech 

linkedin.com/in/damianwilliamson 

 

 

m. 0487135719 

f. +61261470192 

 

 

This email does not constitute a general advice. Please disregard this email if 
misdelivered. 

  _____  

From: Jeremy <jlru...@mit.edu>
Sent: Sunday, 28 February 2021 3:14 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willt...@live.com.au 
<mailto:willt...@live.com.au> >; Bitcoin Protocol Discussion 
<bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Subject: Re: [bitcoin-dev] Taproot NACK 

  

I have good news for you: Taproot does not enable monero-like privacy features 
any moreso than already exist in Bitcoin today. At its core, taproot is a way 
to make transactions with embedded smart contracts less expensive, done so in a 
manner that may marginally improve privacy dependent on user behavior (but not 
in the monero-like way you mention). For example, it makes it possible for 
lightning channels to look structurally similar to single key wallets, but it 
does nothing inherently to obfuscate the transaction graph as in monero. 

 

Such "monero-like" transaction graph obfuscation may already exist in Bitcoin 
via other techniques (coinjoin, payjoin, coinswap, lightning, etc) with or 
without Taproot, so the point is further moot. 

 

Do you have a source on your reporting? 

 

You may wish to rescind your nack. 


 

 

-- 
@JeremyRubin <https://twitter.com/JeremyRubin>  

 

 

On Sat, Feb 27, 2021 at 5:46 AM LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev 
< bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote: 

Good Afternoon, 

 

It has been reported that Taproot will enable some Monero like features 
including the ability to hide transactions. 

 

If that is the case I offer a full NACK and let me explain. 

 

A part of the benefit of using Bitcoin is its honesty. The full transaction is 
published on the blockchain. If that were to change so that transactions may be 
obfuscated from scrutiny then any government would have unlimited impetus to 
ban Bitcoin, and speculation has that is the reason India has been reported to 
have banned cryptocurrencies already. 

 

I am in support of the expanded use case of Bitcoin without harming the 
established robust fairness and equal equity offered. The core functionality of 
Bitcoin, its values, must remain unaltered. 

 

KING JAMES HRMH 

Great British Empire 

 

Regards, 

The Australian 

LORD HIS EXCELLENCY JAMES HRMH (& HMRH) 

of Hougun Manor & Glencoe & British Empire 

MR. Damian A. James Williamson 

Wills 

 

et al. 

 

  

Willtech 

www.willtech.com.au <http://www.willtech.com.au>  

www.go-overt.com <http://www.go-overt.com>  

and other projects 

  

earn.com/willtech <http://earn.com/willtech>  

linkedin.com/in/damianwilliamson <http://linkedin.com/in/damianwilliamson>  

 

 

m. 0487135719 

f. +61261470192 

 

 

This email does not constitute a general advice. Please disregard this email if 
misdelivered. 

_______________________________________________ 
bitcoin-dev mailing list 
bitcoin-dev@lists.linuxfoundation.org 
<mailto:bitcoin-dev@lists.linuxfoundation.org>  
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev 

 


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