Jihan finds out he's about to lose his profits.
3,732 views • 4/7/2017
Jihan Wu of Bitmain finds out that everyone is about to know about him using ASICBoost
00:00 - 00:03 | We were going to build |
00:04 - 00:05 | a large mining facility outside |
00:05 - 00:07 | of Beijing |
00:08 - 00:12 | Now I suggest we build it half the size |
00:12 - 00:15 | that we were planning. |
00:17 - 00:19 | Why would we? Use our equity to take out a loan. |
00:19 - 00:21 | our profit margins are astronomical. |
00:24 - 00:26 | Mein Fuhrer... |
00:27 - 00:28 | Maxwell... |
00:31 - 00:33 | Maxwell has released a BIP to block covert ASICBoost |
00:34 - 00:36 | It's a single line soft-fork |
00:53 - 00:58 | Everyone who actually thinks we were supporting BU please leave |
01:13 - 01:15 | Fuck your mothers if you want to fuck |
01:15 - 01:17 | We were making so much money! |
01:18 - 01:23 | Now we'll have to use it out in the open! |
01:25 - 01:28 | Everyone will know we were lying. |
01:29 - 01:31 | F*ck your mothers |
01:31 - 01:34 | We are going to lose so much of our margin |
01:34 - 01:37 | What are we going to do? |
01:37 - 01:40 | Call it too complicated? |
01:40 - 01:42 | Mein Fuhrer... we could pretend we didn't use it |
01:42 - 01:46 | Only idiots would believe that!!! |
01:46 - 01:48 | Mein Fuhrer... we have a large sockpuppet army |
01:48 - 01:52 | That's not going to stop the other miners |
01:53 - 01:54 | from activating that fork. |
01:56 - 01:57 | I just leveraged so much of our equity |
01:57 - 02:00 | to secure a loan on a yacht. |
02:00 - 02:03 | Now I have to only have one helipad. |
02:04 - 02:08 | The PBOC is going to be so pissed. |
02:08 - 02:13 | I was going to corner the market on Bitcoin mining |
02:14 - 02:16 | now Bitfury will actually be able to compete. |
02:17 - 02:21 | BUers might even realize they're patsies. |
02:27 - 02:29 | I guess that's not likely, |
02:30 - 02:34 | too bad they don't own many Bitcoins. |
02:34 - 02:36 | We need a gullible economic majority. |
02:41 - 02:42 | Maybe we can smear Greg Maxwell |
02:43 - 02:47 | that worked so well for Craig Wright! |
02:48 - 02:53 | We'll release a meandering statement |
02:54 - 02:56 | where we admit everything he accused us of. |
02:56 - 02:59 | But then immediately attack him. |
03:00 - 03:02 | This is going to work out so poorly for us! |
03:04 - 03:07 | It's ok... we'll find another scam. |
03:14 - 03:16 | I'm going to have to sell my Rolls Royce |
03:19 - 03:23 | and get a Mercedes like a commoner. |
03:25 - 03:26 | It's inevitable. |
03:31 - 03:33 | That fork is coming |
03:40 - 03:46 | Write that statement it will buy us time. |
03:46 - 03:49 | We already paid the sockpuppets through the month |
03:53 - 03:56 | so let's use them too I guess. |
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