Wake up babe, there's a new filing in Tornado Cash:

Roman Storm's defense has filed to drop all criminal charges as last months sanctions reversal shows all counts of the indictment are "fatally and legally flawed".

In the sanctions reversal, the Fifth Circuit found that the software does not constitute property and cannot be owned or controlled, leaving the Government's case against Storm hardly a leg to stand on:

Much of Storm's prosecution relies on the Government's ability to prove that Storm operated a service over which he held sufficient control.

According to the defense:

If Tornado Cash is not property and cannot be owned, then it cannot be a “business” at all, let alone a “money transmitting business.”

As argued in the newly filed motion:

The Fifth Circuit "confirms that the government will never be able to prove that Mr. Storm had control over the proceeds of the specified unlawful activity."

In the legal system, Circuit appellate courts exist to review whether district courts have applied the law correctly, holding the ability to set binding precedent.

While Storm's criminal prosecution lies outside of the Fifth Circuit's jurisdiction, the ruling may be sufficiently persuasive to end the US Government's witch hunt and incredible misinterpretation of the law.

Gridless has established the first of its kind: a biomass waste powered Bitcoin mining operation in Kenya

Partnering w/ one of the largest sisal producers, @GridlessCompute was instrumental in helping commission a 1.7MW waste biomass power plant at the sisal plantation

Sisal is a natural fiber derived from the sword-shaped leaves of the Agave sisala plant. Sisal is strong & durable natural fiber used to make rugs, mats, ropes, twine, & brushes, as well as in agricultural & industrial products like sacks & reinforcement materials

The leaves are harvested, crushed & scraped to separate fibers from pulp. The fibers are washed, sun-dried, brushed, & graded before being bundled. The sisal plants die after ~10yrs, leaving behind a large bulb. In the past, these redidues were collected & burned in the field

The plantation sought to commission a 1.7MW plant that would use the biomass. But due to covid related delays & the gov canceling a PPA that would permit excess power to feed into the grid, commissioning the plant became uneconomical as it would run at low power & inefficiently. Given that commissioning costs were the same, regardless of generation power, the power plant stood idle & the sisal bulbs were burned in fields, their biofuel potential wasted

Gridless identified the stranded power opportunity & partnered w the sisal production facility, consuming the unused power to run up to 1.1MW of Bitcoin miners. By providing an end use for excess power, Gridless Compute made it economically feasible to commission the powerplant

"Before an investor ought to learn about all of the details of bitcoin, [they] would be well advised to learn about the details of fiat. And to appreciate the manner in which this debasement has proceeded more or less unchecked [for decades]." - Andrew Hohns, Battery Finance

The bitcoin critics are quick to judge bitcoin.

"It's volatile!"

"Too slow!"

"Can't scale!"

"Money laundering!"

However, these critiques are nothing more than projection tactics used to deflect from their reluctance to look in the mirror and ask themselves the hard question, "Is this fiat experiment sustainable?"

Guy’s Roundtable is back again!

IRGC Navy Commander: Our new drone will surprise the world

If you ever needed proof that #Bitcoin is for anyone, and that it can bring people together, then you need not look any further:

Bitcoin Ekasi <-> Bitcoin Witsand

The two communities are only an hour and half drive from one another, but, as is quite typical for South Africa, the economics, demographics, culture, and social dynamics couldn't be any more different.

Yet, there is one thing that unites us:

#Bitcoin

🇸🇾🇱🇾RECALL: GADAFFI WARNED ALL ARAB LEADERS IN 2008 at an Arab league summit in Damascus that their end is near.

🇸🇾Bashar Al Assad laughed when Gadaffi warned all Arab leaders what was coming, they their regimes would face collapse!