Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Fakhoury
on 26/05/2015, 21:58:28 UTC
Summers is a trojan horse

i used to enjoy the tinfoil hat aspect to so many bitcoiners, but these days it is just sad & annoying.

Given Mr Summers past achievements and business associates, I too, have to ask where his allegiances lie.

In my mind Summers, knows who the insiders and outsiders are, he is both strong and smart enough to have the foresight to passed up the blue pill, yet being an adviser to Bitcoin start ups is still enough of a buffer to avoid swallowing the red pill.

In my view he is a Professor Bitcoin with lots of wisdom, he seems well positions to ride the Bitcoin wave, or just sit on his surfboard and enjoy the sun.

all the TPTB conspiracy is a bit much at the moment, Bitcoin is not a sure thing by any means, if it were this bear market would turnaround.
If Bitcoin is a highly engendered event, what we could be seeing at this point in time is a  practical review of how big can this scale, even an economic fitness test for both Bitcoin insiders and outsiders.
Bitcoin is still the best shot civilization has at functioning practically. Bitcoin shouldn't escape this downtrend until it is understood it can scale, and while Gavin tackles that, I agree with him that Bitcoin is still a very risky put.

Still I don't get it, why bitcoin is risky put with all movements and effort that are put into ?