Connect with us

Published

on

Jameson Lopp has been on the front lines of the battle between technologists and those who want to preserve Bitcoin as it is since the scaling debates of 2015–2017.


The topic arouses such passion that many suspect it was a disgruntled Bitcoiner opponent who called down an armed SWAT team to his home, leading him to famously go underground.

Lopp blamed the 2017 incident on the “same old same old: Bitcoin philosophy and scaling debate arguments. A few of the more extreme cases think I’m some kind of manipulative monster.”

Lopp, who is currently the chief technology officer for decentralized wallet service Casa, is an advocate for cautious progress who commands respect among the Bitcoin community.  

Speaking from an undisclosed location, Lopp says he worries the backlash against Ordinals NFTs might result in lower support for much-needed future upgrades. Ordinals were largely an unexpected result of the 2021 Taproot soft fork.

“The problem that I see is that there’s a lot of ossification proponents out there. And they’re pointing at Ordinals and inscriptions and saying, ‘You see, this is what happens when you change the protocol. It gets abused and used in ways that were not intended,’” he says.

But Lopp says the alternative is every bit as risky. He has carefully considered the problem of  Bitcoin’s “ossification” — where the network becomes so big “it kind of gets crushed under its own weight and unable to change itself.”

Beer
Jameson Lopp enjoys a beer bought with Bitcoin. (Twitter)

Lopp uses email as an example of an internet protocol that ossified in the 1990s, leaving it with little ability to deal with the massive volumes of spam that subsequently arose.

Instead, corporations constructed expensive centralized reputation services on top to sort out spam from legit emails, and today, large numbers of emails that don’t comply with the arcane rules of the systems simply disappear into a black hole. And users are still deluged with spam.  



“As of today, something like 90% of all email users are captured by five corporations. So, I think we have to ask ourselves: Is that the mainstream adoption of Bitcoin that we want to see? And if not, then what do we need to do to prevent that?”

For Lopp, scaling Bitcoin — something he’s been agitating for, for years — remains the big challenge as the Lightning Network is “not going to fix everything.”

“If you talk to any of the developers, who’re pretty deep into the protocol, you’ll be hard-pressed to find any of them who think that we should ossify the protocol now. There’s so much work to be done.”

“Honestly, I don’t know how much time we have left to do that.”

Historically, Lopp’s company Casa has been solely focused on Bitcoin, but last month, it outraged puritans on social media by adding Ethereum to its multisignature self-custody solutions. It highlights the fact Bitcoin has a fast-growing challenger snapping at its heels if it lets up the pace. 

Southern Man Jameson Lopp
You can take the Bitcoiner out of the south, but… (Twitter)

Who is Jameson Lopp?

Lopp grew up in a “fairly typical Southern American conservative household” in North Carolina, where his father’s side of the family has lived since the 1700s. It was clear from early on that he was super bright, and his parents pushed him hard to achieve great things at school.

“I read probably several grades above my reading level, and I read all the time. I had a special exemption at the library to check out more books than you are normally allowed to just because I was going through such a high volume of them.”

Placed into high-level courses, he often wound up sitting on his own doing separate assignments from the rest of the class, something of a “social outcast.” 

“On the social side, I would just get even more awkwardness and sort of abuse because I would sometimes use vocabulary that nobody else was using, and they were like, you know, ‘Who is this alien guy?’”

Lopp ended up joining Mensa in 2010, mainly to see if he could pass the test requiring an IQ in the top 2%. Naturally, he set up a Mensa Bitcoin special interest group, though he says super-smart people don’t necessarily get Bitcoin any faster than anyone else and points to the dismissive reaction to Satoshi’s original announcement about Bitcoin.

“The people who were responding to that email were not stupid. They were incredibly intelligent people. But if you’re intelligent enough, you can always find reasons why something won’t work.”

Coming of age

After school, Lopp headed to study computer science at the “very liberal” University of North Carolina at Chapel Hill. Brought up to be a very conservative Republican, he says university “swung my perspective a little bit more outside of the sort of family and household standards that I had been used to.” He ended up voting for Obama in 2008, Libertarian in the following election, and now believes he can have more impact building decentralized financial infrastructure than voting.

“These days, I view politics at a very arm’s length amused perspective.”

He worked in email marketing for years in one of the tech areas near Raleigh, moving up from working on the web app to large-scale data analysis. Like most people in tech, he read about Bitcoin a few times and dismissed it as “nerd money that was going to end badly” before finally reading the white paper in 2012.

“I was just blown away,” he says, noting that Satoshi approached the double-spending and Byzantine generals problem from the exact opposite direction of the “performance and efficiency” mindset Lopp had been taught.

“When I read the white paper and I saw the solution to the problem, I was amazed because it was both elegant and ass-backward,” he says. 

“The solution was to make everything really, really expensive in terms of resource usage. I was like, wow, I never in a million years would have thought to try that because it just goes against our nature as computer scientists.”

Jameson Lopp
Supplied image of Jameson Lopp.

Bitcoiners back then were primarily libertarians, cypherpunks and crypto-anarchists, and the chance to find an alternate way forward was part of the appeal.

“We can build alternative power structures, alternative systems that don’t rely upon any of the existing infrastructure. And basically, we can create our own rules for how these systems should operate.”

Lopp forks Bitcoin Core

Within two years, Lopp had created a fork of Bitcoin Core called Statoshi to “bring more transparency and understanding to the internal operations of a Bitcoin node.” He applied for a grant from the Bitcoin Foundation to work full time on the project but never heard back. Five years later, he discovered he’d been successful, but the foundation fell apart before he received any money.

Lopp also applied to work at Coinbase in 2015 and “never even got an interview,” but his work on Statoshi did land him a gig running the nodes for institutional custody and infrastructure provider BitGo. He also began to nurture his public profile, ramping up his research and writing — he’s written for CoinDesk, Cointelegraph and Forbes — tweeting more often, organizing Meetups and presenting at events. He’s now a regular at conferences around the world, but it wasn’t easy to start. 

“I’m definitely an introvert, though you wouldn’t know it because I do all of these public speaking events. But that took a lot of practice to do.”

Jameson Lopp grenade
Lopp was happy to lob the occasion grenade during the scaling debates. (Twitter)

Lopp says the block size wars (2015–2017) was the period when he started to become really well-known in Bitcoiner circles. Initially, he was on the big blocks side, writing an article in 2015 calling for an increase in the 1MB size of blocks to increase capacity and suggesting blocks may one day hit 10GB. He also supported the Bitcoin XT fork of Bitcoin Core, which ended up part of Bitcoin Cash.

“That was really a result of what I had been doing as an engineer for the past decade,” he says, adding that he’d spend much of each year prepping for the Black Friday and Cyber Monday sales because “if you couldn’t handle that, then it would be a bad user experience, you would lose customers, you would lose money, and the business would not grow as quickly.” He didn’t want Bitcoin to lose potential users through a bad experience with the slow, expensive blockchain.

However, his perspective started to change when he realized the impact bigger blocks would have on his own work at BitGo, writing services that talked to the nodes.

“I started to see the opposite side of the argument,” he explains. “Even with these ‘tiny’ 1MB blocks, it was quite challenging for me to write services that could ingest all of this blockchain data at a very fast pace.”

It took weeks sometimes to get a new indexing service up and running from scratch, and doubling or tripling the block size would require exponentially more resources “to the point where only the largest enterprises who had a lot of money to throw at this problem would even be able to run the nodes and the services on top of them.”

Read also


Features

ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder


Features

Toss in your job and make $300K working for a DAO? Here’s how

So, while Lopp ended up strongly supporting SegWit as a practical solution and thinks Bitcoin is superior to any other cryptocurrency as “sound money,” he also sees room for experimentation on other protocols, and on Bitcoin.

“A lot of people get very ideological and, in some cases, puritanical about this stuff,” he says. “Bitcoin is not a kitchen sink type of protocol there. There’s a lot of things that you can’t do on Bitcoin that you can do with other protocols.”

Su Casa, mi Casa

Lopp joined the decentralized Bitcoin self-custody service Casa in 2018 and was soon promoted to chief technology officer. He also has the title of co-founder. Casa is an alternative to centralized custodians and offers a range of multisignature wallet plans that enable users to avoid losing their funds in security incidents and to recover lost or stolen keys. 

Casa began support for Ethereum last month and claims it’s the first company to enable self-custody of both Bitcoin and Ether with up to five keys for distributed security. ERC-20 and NFT support is in the works. 

“Obviously, there were a few clients who fell into the sort of extreme Bitcoin-only camp who went their own way,” says Lopp, adding that this was expected. “Really, it’s this loud, tiny minority that can seem a lot bigger than they are if you’re on social media. But in reality, I would say most of our clients and most Bitcoiners, in general, are pretty moderate and kind of apathetic about all of the drama.”

He says the decision resulted from user demand because many existing clients “do have more diverse portfolios, and they want to have that same level of security for assets other than Bitcoin.”

The loud, tiny minority goes SWATing

The famous SWATing incident happened after his views began to evolve. A 911 caller claimed to be holed up at Lopp’s house with hostages, having already shot someone.

“By my voice, you can tell I’m not in a mental health state right now. I’m on drugs. I’m all over the place. I don’t know what to do. […] If I don’t get $60,000, I’m going to blow the whole fucking block up.”

Heavily armed cops arrived at his home, guns drawn. Lopp wasn’t home at the time and arrived to find his neighborhood shut down and crawling with dozens of patrol units, a SWAT team, a mobile command post, a fire truck and a paramedic. He had a conversation with a cop to find out what happened, not realizing he was the suspect.

Lopp recounts a chat with a cop on his blog. (Cypherpunk Cogitations)

Following the incident, Lopp tweeted a video of himself firing off an AR-15 rifle as a warning to anyone trying to find him.

The incident also inspired Lopp’s radical privacy experiment to live off the grid and off the radar of the authorities. Apart from standard stuff like using VPNs, private mailboxes and using fake names, it also involved setting up a bunch of limited liability companies to apply for bank accounts and credit cards one step removed. He mainly spent cash, used burner phone numbers and even bought “the crappiest, cheapest hole in the wall I could find that has a physical mailbox” as a physical address to get a driver’s license.

“I determined that the amount of effort and especially money that is required to do it is going to price almost everybody out of doing this,” he says, adding the fact that you have to lie to everyone was also likely to deter people from trying it.

“Everyone in my physical proximity, my neighbors, they only know my pseudonym. And you know, I have my backstory, and I literally had to create this whole alternate persona, but not so different, it would be difficult for me to make it believable. So, like, I’m still a software engineer who knows a lot about security.”

Lopp maintains a GitHub list of “known physical Bitcoin attacks,” which spans from Hal Finney getting SWATed in December 2014 to a couple in Queens, New York who in mid July were mugged by assailants disguised as FBI agents that stole their car, $40,000 in cash and their crypto.

The No. 1 lesson to take from the list is that the fewer people who know they can rob you of your crypto by threatening you with a $5 wrench, the better. So it’s interesting to learn that prior to his SWATing, Lopp used to drive around in a flashy Lotus Elise with a BITCOIN license plate, basically inviting attacks.

Although many people thought it was a Lamborghini, Lopp says that “it was actually a salvage title car that I got for $20,000.” He eventually sold it, but he has the BITCOIN license plate hanging on the wall behind him during our interview as a memento. These days, Lopp drives “extremely common vehicles that are mass-produced by the millions.”

Jameson Lopp
The Bitcoin number plate has been retired. (Twitter)

Future progress for Bitcoin

Pushing for progress on Bitcoin while not destroying all of the things Bitcoiners hold dear has always been a thorny problem. Roger “Bitcoin Jesus” Ver couldn’t solve it and went off with the Bitcoin Cash camp, who then split off with Craig “No, I really am Satoshi” Wright heading up Bitcoin SV.

There are also Bitcoiners trying to change it from within, like Eric Wall and Udi Wertheimer, who have embraced Ordinals. Wall is also investigating scaling Bitcoin using the same zero-knowledge proof technology being used to scale Ethereum via Starknet.

Lopp says he’s focused on a variety of improvements that can be made to “let people start building more outside of the base protocol.”

“You don’t need to go through the same onerous process to develop on a second layer, you don’t have to make these sweeping consensus changes that are really risky,” he explains.

“That’s one of the reasons why I want to see a lot more second layers other than just Lightning. I want to see more sidechains, drive chains, rollups, so on and so forth. Because I think that that is going to enable more innovation, more experimentation.”

Andrew Fenton

Andrew Fenton

Based in Melbourne, Andrew Fenton is a journalist and editor covering cryptocurrency and blockchain. He has worked as a national entertainment writer for News Corp Australia, on SA Weekend as a film journalist, and at The Melbourne Weekly.

Continue Reading

Politics

US sanctions crypto wallet tied to ransomware, infostealer host

Published

on

By

US sanctions crypto wallet tied to ransomware, infostealer host

US sanctions crypto wallet tied to ransomware, infostealer host

The US Treasury has sanctioned a crypto wallet containing $350,000 tied to the alleged cybercrime hosting service Aeza Group.

Continue Reading

Politics

SEC approves conversion of Grayscale’s large-cap crypto fund into ETF

Published

on

By

<div>SEC approves conversion of Grayscale's large-cap crypto fund into ETF</div>

<div>SEC approves conversion of Grayscale's large-cap crypto fund into ETF</div>

Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds.

Continue Reading

Politics

Chief rabbi condemns BBC’s ‘mishandled response’ to anti-IDF chanting at Glastonbury – as Bob Vylan issue new statement

Published

on

By

Chief rabbi condemns BBC's 'mishandled response' to anti-IDF chanting at Glastonbury - as Bob Vylan issue new statement

The chief rabbi has described the BBC’s response to anti-IDF chanting at Glastonbury as “belated and mishandled” – as the punk-rap duo involved, Bob Vylan, said the UK government needed to talk about its “criminal inaction”.

Sir Ephraim Mirvis said “vile Jew-hatred” had been aired at the Somerset music festival and it was a “time of national shame”.

Confidence in the BBC’s “ability to treat antisemitism seriously” has been brought to a “new low”, he said in a post on X, adding that “outright incitement to violence and hatred” appeared to be acceptable if it was couched as “edgy political commentary”.

Ordinary people had not only failed to see incitement “for what it is” but had cheered it, chanted it, and celebrated it, he said. “Toxic Jew-hatred is a threat to our entire society,” he added.

Bob Vylan, posting a new statement on Instagram on Tuesday, said they were “not for the death of Jews, Arabs or any other race or group of people”.

Rather, they were for the “dismantling of a violent military machine” – the Israel Defence Forces.

Bob Vylan chanted “death to the IDF” at Glastonbury. As many as 95% of the IDF are thought to be Jewish.

In their statement, the group said they were a “distraction from the story” and that whatever “sanctions” they received would also be a distraction.

Their US visas have been revoked and United Talent Agency, their US representatives, have dropped them.

Bob Vylan with their MOBO award in London in November 2022. Pic: Reuters
Image:
Bob Vylan with their MOBO award in London in November 2022. Pic: Reuters

Referring to the war in Gaza, they claimed the UK government does not want them to ask “why they remain silent in the face of this atrocity”, “why they aren’t doing more to stop the killing” and “feed the starving”.

They added: “The more time they talk about Bob Vylan, the less time they spend answering for their criminal inaction.

“We are being targeted for speaking up. We are not the first, we will not be the last, and if you care for the sanctity of human life and freedom of speech, we urge you to speak up, too.”

It has emerged that Tim Davie, the BBC’s director-general, was at Glastonbury when the duo led chants of “Death to the IDF” which were broadcast live.

The prime minister’s spokesman, asked if the PM had confidence in Mr Davie, said Sir Keir Starmer had “confidence in the BBC”, adding: “The position of the director-general is a matter for the BBC’s board.”

Speaking in the Commons, Culture Secretary Lisa Nandy said “accountability” was important and it was something she had “impressed upon the BBC leadership”.

She added: “When you have one editorial failure, it’s something that must be gripped. When you have several, it becomes a problem of leadership.”

The cabinet minister said she’d called Mr Davie after Bob Vylan’s set had been broadcast to find out why it had aired, and why the feed had not been cut.

“I expect answers to these questions without delay,” she said.

Meanwhile Dame Caroline Dinenage, chair of the culture, media and sport committee, has written to Mr Davie in relation to the corporation’s Glastonbury coverage.

The committee has said the letter asks about editorial and decision-making processes and whether consideration was given to broadcasting with a delay. It also asks about staffing levels at the festival and contingency planning.

Secretary of State for Culture, Media, and Sport Lisa Nandy arrives in Downing Street, London, for a Cabinet meeting. Picture date: Tuesday May 13, 2025.
Image:
Lisa Nandy, the culture secretary, has claimed there is a ‘problem of leadership’ at the BBC. File pic: PA

Avon and Somerset Police has begun a criminal investigation and is reviewing footage of both Bob Vylan and Kneecap’s performances at Glastonbury.

The force said a senior detective had been appointed – and it had been contacted by people from around the world.

“We… recognise the strength of public feeling,” it said.

During Kneecap’s set, one member suggested starting a “riot” outside his bandmate’s forthcoming court appearance, before clarifying that he meant “support”. Liam Og O hAnnaidh, also known as Mo Chara, is charged with a terror offence.

Moglai Bap and Mo Chara of Kneecap perform at Glastonbury. Pic: Reuters
Image:
Moglai Bap and Mo Chara of Kneecap performing at Glastonbury. Pic: Reuters

Bob Vylan had been due to tour the US before their visas were revoked.

US deputy secretary of state Christopher Landau said action had been taken “in light of their hateful tirade at Glastonbury, including leading the crowd in death chants”.

“Foreigners who glorify violence and hatred are not welcome visitors to our country,” he added.

👉 Listen to Sky News Daily on your podcast app 👈

During Bob Vylan’s set, the duo performed in front of a screen that showed several messages, including one that claimed Israel’s actions in Gaza amounted to “genocide”.

The war in Gaza began after Hamas militants attacked Israel on 7 October 2023 and killed 1,200 people and took about 250 hostage.

Israel’s offensive in Gaza has led to the deaths of more than 56,500 people, according to the Hamas-run health ministry, which does not differentiate between civilians and combatants.

Read more from Sky News:
Starmer faces rebellion at key welfare cuts vote
Trump piles more pressure on central bank chief

Media watchdog Ofcom has said the BBC “clearly has questions to answer” over the live stream from Glastonbury.

A BBC spokesperson said: “The director-general was informed of the incident after the performance and at that point he was clear it should not feature in any other Glastonbury coverage.”

The broadcaster respects freedom of expression but “stands firmly against incitement to violence”, they said.

They added: “The antisemitic sentiments expressed by Bob Vylan were utterly unacceptable and have no place on our airwaves…

“The team were dealing with a live situation, but with hindsight we should have pulled the stream during the performance. We regret this did not happen.”

Continue Reading

Trending