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Jihan Wu of Bitmain finds out that everyone is about to know about him using ASICBoost

Jihan finds out he's about to lose his profits.

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