Post
Topic
Board Bitcoin Discussion
Re: How to convert to fiat anonymously?
by
Beliathon
on 22/04/2015, 21:27:09 UTC
I just dont know why satoshi made the blockchain like this.
Following the money is much easier on the blockchain than it is with fiat, that's by design. Transparency is a vital characteristic of any functional public ledger. Satoshi's design decisions will be easier to understand after Bitcoin adoption increases a few more orders of magnitude, when any technically literate individual will be able to monitor the ledger, track, and publicize the wealth movements of the world's socioeconomic elite. The jig is up for all the crooks at the top. It's going to be the printing press all over again, only this time it'll be banksters and politicians getting the boot instead of feudal royal families and their sworn Lords, insofar as there is any difference. I hear you thinking, "but why would the elites use Bitcoin when they have their own legitimate currencies they can freely print?", and my reply is that the days of indulging governments with misplaced trust are numbered.

This was Satoshi's true genius, s/he has hard-coded an unstoppable revolution. A proverbial doomsday clock for the masters of the financial universe that began counting down the moment the genesis block was mined.