Alex Morcos Profile Banner
Alex Morcos Profile
Alex Morcos

@morcosa

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15,541
Following
484
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Statuses
1,940

HRT, Chaincode Labs

New York, NY
Joined July 2009
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@morcosa
Alex Morcos
1 year
Announcing the public launch of the Bitcoin Legal Defense Fund! Please join us in helping defend Bitcoin open source developers against dangerous and damaging lawsuits with no merit brought by Craig Wright.
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@morcosa
Alex Morcos
6 years
This kind of misleading propaganda is unfortunate. Smart money isn't going to fall for BitcoinCash or AltCoin #1931 , but if main stream media is helping pump those things, the individual investor at home is going to be the one losing out.
@CNBCFastMoney
CNBC's Fast Money
6 years
@rogerkver aka Bitcoin Jesus joins us tomorrow to discuss the biggest change to the crypto world since time was invented! Must see TV.. #BitcoinCash is here... deal with it!!
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@morcosa
Alex Morcos
6 years
@rogerkver @BITCOlNCASH @VinnyLingham @deadalnix @btcfork @BitcoinCashFans @CNBCFastMoney @nChainGlobal @DavidShares @paulvigna @CNNMoney Completely serious question Roger, why do you think it’s OK for you to rebrand Bitcoin as “Bitcoin Core” but it’s not ok for people to call Bitcoin Cash something else? It’s fine if you like BCH better, but please don’t try to confuse people, there is no “Bitcoin Core”
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@morcosa
Alex Morcos
5 years
I used to recommend Coinbase to many people. I’m not sure I will anymore. By listing these tokens they are putting a shiny polish on garbage and contributing to defrauding the public. I don’t want to be part of that.
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@morcosa
Alex Morcos
1 year
Balaji, thank you so much! We are honored to receive this money and put it to use funding everything from Bitcoin security to Lightning development, as well as helping us educate the next generation of devs.
@ChaincodeLabs
Chaincode Labs
1 year
Thanks to @balajis for his generous contribution of $500k, which will go to support Bitcoin development!
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@morcosa
Alex Morcos
4 years
Greg is a singular figure but in exactly the opposite way. He’s the most brilliant thinker in the space. No one is perfect but he deserves great credit for all he’s contributed. I believe all BTCers owe him a debt of gratitude. In particular I’ve learned so much: Thanks Greg!
@m_murfy
Mike Murphy
4 years
@CalvinAyre @gavinandresen @peterktodd @VitalikButerin @aantonop @ErikVoorhees I hope Greg Maxwell rots in prison. He is more culpable for the derailment of the Bitcoin project than any single person on this planet.
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@morcosa
Alex Morcos
7 years
Key difference btwn BTC and 2X: 2X proponents will abandon ship if they arent majority. BTCers would happily continue with smaller community
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@morcosa
Alex Morcos
2 months
Thank you COPA @opencryptoorg ! Judge Mellor rules from the bench: CSW is not Satoshi. We've always known that, but it hasn't stopped untold damage to developers and other Bitcoiners. Thank you @Coinbase and @Square and everyone who supported COPA and the devs.
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@morcosa
Alex Morcos
6 years
The quoted chart shows a totally unrealistic price for BitcoinCash that existed momentarily on one exchanges botched trading launch. @CNBC should have a higher standard for market prices.
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@morcosa
Alex Morcos
7 years
Here’s 1 big difference btwn traditional startup funding and ICO’s. Founders of failed startups shouldn’t come away financially enriched.
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@morcosa
Alex Morcos
7 years
This momentous day is the perfect time to finally post @Excellion 's hat at the summit of Mt. Everest courtesy of @patrickmauroii !! Make Bitcoin Great Again! #NO2X
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@morcosa
Alex Morcos
7 years
Do people realize that most of the Core Devs who actually do all the work rarely say anything at all in the scaling debate?
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@morcosa
Alex Morcos
6 years
@ErikVoorhees What do you say Erik? Fair win? I’ll accept a donation to Coin Center or MIT DCI as payment.
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@morcosa
Alex Morcos
7 years
Stop saying reneged. The vast majority of the community didn't agree to anything. Those who did on behalf of others deserve to look foolish.
@ErikVoorhees
Erik Voorhees
7 years
@rjenkins_atl We have SegWit because of the NY Agreement that broke the impasse after 2+ years. Do you realize what happens if 2MB fork is reneged?
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@morcosa
Alex Morcos
7 years
I'll bet you @ErikVoorhees . The "bitcoin" with highest USD price 1 yr from today won't be a HF from today's Bitcoin. Stakes 1 of those BTC
@ErikVoorhees
Erik Voorhees
7 years
@Robtichenor @bennd77 @Beautyon_ Lets bet on it. How much do u want to wager, and on what terms?
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@morcosa
Alex Morcos
6 years
I honestly don’t understand why some people assign such horrible motivations to an open group of collaborators. Do they think we are part of a grand conspiracy? I came from the outside and found Core open and welcoming.
@Truthcoin
Paul Sztorc
6 years
@creslin @petertoddbtc No it doesn't, SegWit is itself absurdly complex, obfuscates the code for newcomers. Most of all, it lays the groundwork for a future that requires expert input from the same insular caste of expert.
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@morcosa
Alex Morcos
6 years
Vitalik, let me shorten that for you: Basic tip: If it’s an ICO, skip them.
@VitalikButerin
vitalik.eth
6 years
Protip: if an ICO does volume bonuses ("buy at least $50000 of coins, get 20% more") then they do not understand the first thing about the egalitarian spirit of crypto (or at least, the egalitarian spirit that I believe crypto *should* have). Skip them.
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@morcosa
Alex Morcos
7 years
Let's set the record straight. Who from NYA is responsible for no replay protection? You cant all act helpless and say its out of ur hands
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@morcosa
Alex Morcos
7 years
Finally the btc1 project is beginning to understand a little bit the way I see Bitcoin. Quote from supporter in their slack:
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@morcosa
Alex Morcos
5 years
@CalvinAyre Surely this attempt to dox someone by offering a bribe is against Twitter ToS?
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@morcosa
Alex Morcos
3 years
Craig Wright is inconsequential. But this sets a good a example of how Bitcoin should respond to threats. In a distributed manner, with strength in numbers, and not being reliant on any small group of individuals or organizations.
@CoinDesk
CoinDesk
3 years
Some of the Bitcoin community's most prominent voices (and also Facebook subsidiary Novi) are now hosting the Bitcoin White Paper – seemingly in response to Craig Wright's legal threats. @zackseward reports
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@morcosa
Alex Morcos
7 years
This is the problem with this space. No. Just no. Don't encourage anyone to attack anyone else's software. Immoral and illegal.
@Bitcoinered
Bitcoin
7 years
@morcosa @rm0rf @_chjj @Excellion @petertoddbtc @deadalnix If someone attacks altcoins after this that's good. Breaking Shitcoins
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@morcosa
Alex Morcos
7 years
If part of community thinks closed source software is an option then we really have irreconcilable differences. How is this even a question?
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@morcosa
Alex Morcos
7 years
I just published “No2x: No Replay Protection”
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@morcosa
Alex Morcos
7 years
So by your own admission you are using 2X to make Bitcoin unusable for days after nearly 0 downtime in 9 yrs. Thanks
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@morcosa
Alex Morcos
6 years
Second time I’ve seen this misinformation. Lightning txs are very much validated by your own node. They just aren’t validated by everyone else’s!
@justicemate
Eli Afram
6 years
@lopp @iang_fc So you want poor people to run a node to validate their own transactions at fees which they cannot afford... Don't say LN.... If you do, then the transactions are off chain and they are no longer using their node to validate a majority of their transactions.
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@morcosa
Alex Morcos
7 years
Coinbase doing a great job reading the community support for 2X. Would be completely inappropriate to throw brand into confusion.
@coinbase
Coinbase 🛡️
7 years
Update on Bitcoin Segwit2x and Bitcoin Gold:
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@morcosa
Alex Morcos
7 years
@OneMorePeter @_jonasschnelli_ @blockchain 99% of Core Dev work has nothing to do with consensus changes. It’s valuable work that needs to be done. Reducing protocol development to a block size constant is naive.
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@morcosa
Alex Morcos
5 years
I’m sad to see @TheBlueMatt go, but this is great news for @sqcrypto and Bitcoin! Helping build a new independent dev group is truly valuable. Thanks Matt for all you’ve done for Bitcoin and for helping @ChaincodeLabs get where we are today! Stop by and make us espresso often.
@spiralbtc
Spiral
5 years
BIG NEWS: Please welcome @TheBlueMatt to Square Crypto. Woo! THINGS ARE HEATING UP EVERYBODY GET IN HERE LET’S PARTY 🌀🔥🌀🔥🌀🔥 *A lone figure watches from afar, their haunched shape a dark smudge against the gathering gray sky… Gary?*
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@morcosa
Alex Morcos
6 years
This is the important nuance I have trouble explaining when people ask me about my views. I think Bitcoin will be the best money, but I’m open to being wrong, but the most likely outcomes are 0 or 1 coins succeed.
@eric_lombrozo
Eric Lombrozo
6 years
@ecurrencyhodler I think most actual "maximalists" would happily use a different blockchain or perhaps even an entirely different tech if it better solved the problem of sound money that is resistant to censorship, inflation, and regulatory capture.
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@morcosa
Alex Morcos
7 years
@jgarzik @real_vijay @mdotbit @LukeDashjr @brogadishu @barrysilbert @MadBitcoins @bigmarh @DCGco You can’t make a deal with yourself and then tell us that you’re expecting something now. No. No deal. No trading. No “compromise”. #NO2X
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@morcosa
Alex Morcos
7 years
@jgarzik The behavior of every CEO who signed NYA is far stranger. Careless disregard for stability and desired incorruptibility of Bitcoin.
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@morcosa
Alex Morcos
7 years
It is interesting that we don't see ANY polls which point to 2X having even a simple majority, much less overwhelming consensus.
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@morcosa
Alex Morcos
6 years
Testnet has a bad block (00000000eba3f43a8624750f39e4520a1678c0dbdf8707bfa4854a12fbf086c5) exploiting CVE-2018-17144. This is a good time to check to make sure your systems are updated and patched against this bug.
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@morcosa
Alex Morcos
5 years
@JeremyRubin @cz_binance That’s among your worst ideas ever. Who gets to decide when something should be reorged out? We need to be building a social consensus around the way Bitcoin works and it ought to take a catastrophic event to agree to coordinate on a reorg.
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@morcosa
Alex Morcos
7 years
@jgarzik Jeff why are you advertising that as if it’s good? They will literally be the only one.
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@morcosa
Alex Morcos
7 years
Bobby Lee, @YourBTCC , first to say he’s leaving Bitcoin for 2X regardless of market’s acceptance. Just a proposal huh @mikebelshe ? Bye Bobby
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@morcosa
Alex Morcos
7 years
If I was sponsoring conference where CSW got up to speak, I would permanently withdraw all future sponsorship if organizers didnt remove him
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@morcosa
Alex Morcos
7 years
@ErikVoorhees @jasonmsteele @TheBlueMatt @kyletorpey @eric_lombrozo We're not abandoning, but staying the course. U are changing paths. BTC is useless if it can be changed in NY Marriott. Luckily it can't.
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@morcosa
Alex Morcos
6 years
This is an important point. Would be nice if Coinbase was a better citizen, but any resource can and will be abused, so consensus rules must limit extent of that. Large blocksize => more externalized cost.
@kallewoof
Kalle Alm
6 years
This may not be a popular opinion, but I'm wary of blaming @coinbase or any other company or individual for the state of Bitcoin. If Bitcoin requires the participants to play fair and be altruistic, it's pointless. We need to do better, via tech, not pitchforks.
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@morcosa
Alex Morcos
6 years
Important to realize we’ve made more than 1 mistake. And will make more in the future. But thanks for the support!
@RobertSpigler
Robert Spigler 🔑
6 years
Nothing is making me angrier than #Bitcoin users getting angry at devs for this recent inflation bug. They have devoted, for free, years of their time and changed the course of human history. In doing so, they have made ONE mistake. Shame on you all.
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@morcosa
Alex Morcos
7 years
@matthew_d_green @zooko It's time to draw a line in the sand on the CSW issue. We must start holding those who support him like @jonmatonis to account. It's not ok.
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@morcosa
Alex Morcos
6 years
For 2X, there were two heights of interest: 494,782 - the last common block and 494,783 - the first forked block. The only height that was advertised, 494,784, is just completely wrong. This was a huge mistake, no way around that.
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@morcosa
Alex Morcos
7 years
@jgarzik There have been many HF implementations, so far the market has resoundingly rejected them all. You think yours will be different. We'll see.
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@morcosa
Alex Morcos
7 years
Spoke too soon. They revised their position and makes much less sense. Im confident Bitcoin will prevail but chaos coming first thx to NYA
@morcosa
Alex Morcos
7 years
Coinbase doing a great job reading the community support for 2X. Would be completely inappropriate to throw brand into confusion.
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@morcosa
Alex Morcos
3 years
I’m with Cobra here. It’s a bad situation and he has tried to do why he thinks is best. Outside observers shouldn’t underestimate the damage Craig and Calvin are causing.
@CobraBitcoin
Cøbra
3 years
@adam3us @glennhodl @Daniel4141414 @TrotterMax It's easy to be a critic when you don't have billionaire funded people trying to drag out litigation on technicalities (even deliberately avoiding letting me pay him). The site is the same for the vast majority of users.
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@morcosa
Alex Morcos
7 years
W3C abandons consensus. No org should ever govern BTC regardless of their rules, self-sovereignty means each of us enforces consensus. #No2x
@doctorow
Cory Doctorow NONCONSENSUAL BLUE TICK
7 years
World Wide Web Consortium abandons consensus, standardizes DRM with 58.4% support, EFF resigns
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@morcosa
Alex Morcos
7 years
I normally ignore CSW, but this tweet says it all. I’m very happy to be firmly planted on the opposite side of this view.
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@morcosa
Alex Morcos
7 years
There is an important point being made here. One community supports Cash and another Core. Where are the users who support NYA?
@jgarzik
Ser Jeff Garzik
7 years
r/btc should be renamed to r/bcc
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@morcosa
Alex Morcos
7 years
Bitcoin fork coming: Please be aware that most developers and full node operators will continue with existing rules:
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@morcosa
Alex Morcos
6 years
@jgarzik You’re actually suggesting they auction listings? That is so absurdly unethical I don’t know where to start. We need to clean up this embarrassing mess of scams and snake oil our space has become.
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@morcosa
Alex Morcos
3 years
@midmagic @lopp This shouldn't be one developers fight.
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@morcosa
Alex Morcos
7 years
@mikebelshe @bendavenport @lopp There are many thousands of people who would trade every one of their BTC to keep its incorruptible properties. Those ppl give BTC its value
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@morcosa
Alex Morcos
7 years
If I ran a Bitcoin company I wouldn’t shutdown operations for days because some irresponsible ppl were launching a HF w/o replay protection.
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@morcosa
Alex Morcos
7 years
@coindesk I've been called all kinds of names and insults by @rogerkver and friends and for what crime? Volunteering my time to write code?
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@morcosa
Alex Morcos
7 years
In light of recent obsession with hashpower determining what is Bitcoin, it's time to remind people to reread this:
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@morcosa
Alex Morcos
2 years
Time for the crypto community to make themselves heard again! Please engage with your representatives.
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@morcosa
Alex Morcos
5 years
Some great material at the first Magical Crypto Conference. If you're "Bitcoin not Blockchain" (which you should be!) then you should forget about Consensus and watch this.
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@morcosa
Alex Morcos
7 years
@BronxR @socrates1024 No it shows me a bunch of CEOs want to control BTC. Many of them don't even have the support of their employees, let alone their customers.
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@morcosa
Alex Morcos
7 years
I just published “Why Bitcoin doesn’t need a solution”
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@morcosa
Alex Morcos
7 years
@OneMorePeter @_jonasschnelli_ @blockchain How is it not worth one developer to work on the underlying protocol your business is built on?
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@morcosa
Alex Morcos
7 years
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@morcosa
Alex Morcos
7 years
It takes tremendous hubris to be so sure your vision of BTC is right that u unilaterally destroy everyone elses to push yours. Offer choice.
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@morcosa
Alex Morcos
7 years
@ErikVoorhees @jgarzik No. I will sell 2X regardless of hash/price and I will work on projects I find interesting which is not 2X. That's dedication to a vision.
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@morcosa
Alex Morcos
3 years
It's probably even more directly "tainted" than that. All those transactions include coins that originally came from coinbases, most of which included fees derived from 1000's of transactions in other blocks. It's almost like trying to track the electrons that power your home.
@provoost
Sjors Provoost
3 years
There's no such thing as being OFAC Compliant. They can raise the bar arbitrarily. Did they check the electricity wasn't paid for with sanctioned money? Did they knowingly build on a block that wasn't clean? Who gets to bless the first immaculately conceived "clean" block anyway?
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@morcosa
Alex Morcos
7 years
@jgarzik @real_vijay @mdotbit @LukeDashjr @brogadishu @barrysilbert @MadBitcoins @bigmarh @DCGco If you author a proposal and the community supports it. Great. But you don’t get to make deals and declare new rules. That’s called fiat.
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@morcosa
Alex Morcos
7 years
Recent miner activity shows the obvious. "Agreements" don't matter. Only price/difficulty will determine where hash power mines after split.
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@morcosa
Alex Morcos
7 years
@jgarzik @real_vijay @mdotbit @LukeDashjr @brogadishu @barrysilbert @MadBitcoins @bigmarh @DCGco The vast majority (not everyone, see BCash) of community was just waiting for segwit to be activated. But no one agreed to “trade” for it.
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@morcosa
Alex Morcos
5 years
I know this should be a dead horse by now, but why is there anyone that can confirm anything on behalf of your cryptocurrency? If Bitcoin isn’t compliant, there is no one who can make it so. That is a critical feature.
@ElectricCoinCo
Electric Coin Co.
5 years
Those affected by @coinbase UK issues: this is limited to Coinbase UK only. UK residents can still buy/sell Zcash through @cex_io . No other exchanges in the UK affected. To pre-empt speculation, we confirm that Zcash is 100% compatible with UK regulations & KYC/AML requirements.
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@morcosa
Alex Morcos
6 years
This is well said. But there is a more fundamental question we should be asking, why should law enforcement have a right to access what's in our phones. Will we let them inside our brains when that technology exists?
@matthew_d_green
Matthew Green
6 years
I wrote up some of my thoughts on Ray Ozzie’s “Clear” phone decryption proposal.
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@morcosa
Alex Morcos
7 years
@petertoddbtc @mikebelshe Or perhaps those are the people we should thank for acting responsibly. It's hard to admit you were wrong and reverse course, and it should be applauded.
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@morcosa
Alex Morcos
7 years
Be aware you will own two Bitcoins like with August BCash fork and the narrative that community has all agreed to this "upgrade" is false.
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@morcosa
Alex Morcos
5 years
@twobitidiot I don’t think I could agree with this any less. And I admit you know much more about any one of these “projects” than I do. But.... No one should buy any of this stuff.
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@morcosa
Alex Morcos
7 years
I just published “No2x: Centralized Services”
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@morcosa
Alex Morcos
7 years
We all have a duty to stand for the truth and against scammers, whether CSW or ICO's. Our silence makes us complicit.
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@morcosa
Alex Morcos
7 years
@jgarzik @real_vijay @mdotbit @LukeDashjr @brogadishu @barrysilbert @MadBitcoins @bigmarh @DCGco This language confuses me. Whose expectation? And who set it? The same group of you in a hotel. What’s that have to do with the rest of us?
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@morcosa
Alex Morcos
7 years
@OneMorePeter @eric_lombrozo That makes no sense. Core is an existing installed base with no planned changes. You were part of the small group that planned BTC1 changes
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@morcosa
Alex Morcos
7 years
@jgarzik I guess we’ll never know. Should have been open meeting. You could have published minutes after the fact at least. Even Fed does that.
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@morcosa
Alex Morcos
7 years
Make Bitcoin Great Again at 20K ft on top of Lobuche East on the way to the top of Everest next month courtesy of @patrickmauroii @Excellion
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@morcosa
Alex Morcos
7 years
@coindesk I don't understand this "fire Core devs" idea. Ok. Done. You're not paying us and you have no obligation to use the code we write.
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@morcosa
Alex Morcos
7 years
@jgarzik Biggest mistake is the assumption that we desperately need something next. I think Bitcoin is doing well. It's not about making a quick buck
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@morcosa
Alex Morcos
7 years
Final sprint starting to be ready for 2X disruption in November. Hoping to get release out just under the wire.
@BitcoinMerges
Bitcoin Merges
7 years
Merged PR from sdaftuar: Disconnect from outbound peers with bad headers chains
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@morcosa
Alex Morcos
7 years
Gavin helped me get started in BTC development and I believe he has good intentions, but we have 2 completely different visions for Bitcoin.
@gavinandresen
Gavin Andresen
7 years
I'm proud to be part of the 99+% not running a full node. Zero reason for me to waste bandwidth monitoring other people's transactions.
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@morcosa
Alex Morcos
7 years
@jgarzik @rogerkver @AXAVentures @Joi @vkhosla @khoslaventures @reidhoffman @mickymalka @gavinandresen @Satoshi_N_ @BitcoinUnlimit I'd love to understand how "Core" can block a HF proposal. Are we gate keepers for the protocol? Are you frustrated community rejected?
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@morcosa
Alex Morcos
7 years
Let's be clear. If LN doesnt work, we still cant scale on chain. Its basic math. We'll have to find another solution. Dctrlzd money is hard!
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@morcosa
Alex Morcos
7 years
@OneMorePeter The Core dev part of this tweet is just blatantly false. There are more active and involved Core developers now than ever before.
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@morcosa
Alex Morcos
7 years
@jgarzik Exactly. And we don't care what miners have been asking for. They serve us. That's it. That's their only purpose.
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@morcosa
Alex Morcos
6 years
This is great! Good for everyone. Thanks Brian and Coinbase!
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@morcosa
Alex Morcos
7 years
@twobitidiot @blueRAP @eric_lombrozo Potential disaster. What happens if/when 2x fails or doesnt happen? Bitcoin will have proven resistance to manipulation. Most valuable trait
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@morcosa
Alex Morcos
7 years
@MrHodl Without a doubt. I, like many, underestimated BIP 148.
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@morcosa
Alex Morcos
6 years
Well put! Bitcoin is a very risky “investment”. Everything else is worse. A few are just riskier, most are worthless scams. If you can’t tell the difference, steer clear.
@mir_btc
🍕 ⚡ MIR 💀 🤌
6 years
Disclaimer. Cold truth: yes, you can do a lot of stupid things with #bitcoin too but as I told you before there are only 2 things to do. Step 1: buy only Bitcoin. The quantity is how much you can afford to eventually lose. step 2: HODL.
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@morcosa
Alex Morcos
7 years
@ErikVoorhees Nov2x will be like BCash, a side show for pump and dumpers (at best, will be completely avoidable disaster if no replay protection added).
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@morcosa
Alex Morcos
7 years
@jgarzik We the users. It's the whole point of BTC. You choose your own money. You might consider what the market does, but it doesn't decide for you
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@morcosa
Alex Morcos
7 years
If miners aren’t long term economically rational then Bitcoin is broken. Will be put to the test in 2 weeks. @YourBTCC raising doubts.
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@morcosa
Alex Morcos
7 years
@gavinandresen Logic? Gavin, look at the futures, look at the polls, look at the nodes, look at meetups and social media. There is no support. Apply logic.
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