Quote from: wiked1 on July 06, 2016, 08:58:03 AM

Tyranny will come in the guise of safety and security and of course the envoirnment and health and safety are included because it is always best to hide the lie in the truth. Selective truth and doublespeak create the narrative as the tyranny rolls out and the sheeple have been slowly boiled like a frog.

Tinfoil hat investors don't seem to understand that the masses are still a long way from viewing all of the current financial system as F.U.B.A.R.. They are just at the point of trying to vote to kick out incumbents. They are no where near yet bailing out with a parachute.

We have a long ways to go and this will culling of the herd will get very ugly as it always does throughout repeating bouts in man's history.

Quote from: iamnotback on July 07, 2016, 02:34:02 PM

Quote from: lethos3 on July 07, 2016, 01:57:38 PM

Quote from: iamnotback on July 07, 2016, 12:17:23 PM

Bitcoin is already ChinaCoin. It is not decentralized even at 1MB blocks.

Good Satoshi just look at the stats: China is home to 90% of bitcoin trades and 70% of mining.

how long until hit the big fork button on the github repo and force everyone else to use their version of the network?

Of course, as I said many times since 2013, that Bitcoin is a TrojanHorse planted by the global elite to accomplish two goals:

1. Trap all the tinfoil hats by incentivizing them to think their trades are not traceable and let them mix their coins with lots of money laundering, so it can all be expropriated by law when the big economic reset comes in a few years. Since everything is permanent on the block chain, the authorities will be able to apply clawbacks and come take your house and everything from you, because you thought you were smart for investing in BitCON.

2. Bitcoin kills the ability of any nation-state to take the lead on issuing a digital currency. This is to prevent competitors that could offer liquidity and way out other than the coming monetary reset and world reserve currency managed by the IMF and WorldBank under a power sharing agreement of all the nations (but actually controlled by the elite banksters).

Quote from: iamnotback on July 07, 2016, 10:13:38 PM

Quote from: raphma on July 07, 2016, 09:43:06 PM

Quote from: iamnotback on July 07, 2016, 12:17:23 PM

...Besides money that you can only spend by converting it to fiat, isn't really an alternative asset. The appeal of gold was you could hope on a plane with it, and someone could convert it in the blackmarket and spend it for real goods. But this isn't going to be possible any more.

I agree with most of what you said, except that quote above.
bitcoin isnt perfect, isnt accepted in many places but its growing... for example:

http://cointelegraph.com/news/uber-switches-to-bitcoin-in-argentina-after-govt-blocks-uber-credit-cards

When China's mining oligarchy can implement MIT's ChainAnchor which turns off your ability to spend unless you comply with your local government's taxation and capital controls, then where Bitcoin is accepted is less relevant than whether it is no longer a permissionless system.

In order for Bitcoin to scale, the mining must become (already is!) centralized. Blockstream's SegWit makes that even more so.

A centralized control over which transactions are allowed, is not an alternative to fiat. It is just fiat by another name or metaphor.

They said Anonymint was crazy in 2013 when he predicted all these things, and yet you all still won't believe that is coming.