Post
Topic
Board Altcoin Discussion
Re: Litecoin IS Bitcoin
by
dballing
on 19/08/2016, 10:27:30 UTC
Just apply some logic...

Not touching that stash of BTC would have only 4 feasible reasons:
-The owner lost his key.
-The owner died and took his key with him.
-It's locked behind a multi-sig and the owners had a fall out.
-The owner is not interested in money (extreme autism).

I listed them from most high to low likelihood. That is all there is to it. Price protection, "wanting bitcoin to succeed" and superhuman restraint have nothing to do with it.

4th option seems most likely. It would take a person with autism to create such a master piece.
Don't forget the 5th option though! Which is also likely if you really knew how things worked around here Smiley

What if a think tank was commissioned by the (insert group name here) global banking cartel, masons, shadow governments, etc etc. But why?

This is what I would do... appear as though you're a grassroots decentralized peer to peer digital monetary system (money of the people) -> Acquire a controlling amount of the supply in the beginning, but claim it was fairly distributed because anyone "could" have mined it -> build the network effect to such a degree that it encompasses everyone's conciseness (everyone is well aware of it) -> then use the hegelian dialectic method (problem/reaction/solution) to slowly erode the current global monetary system through a painful hyper inflation forcing everyone into my digital web of control -> once the old system collapsed I'd issue a ban on all physical cash (1933 U.S. banned gold so these things do happen) making it impossible to leave this new digital monetary network -> once a firm dependence on Bitcoin and a handful of other coins were in place I would then build out an identification system (such as a Bitcoin wallet address service like a Yelp for people and or businesses) to be tied to all of these transparent transactions (similar to the internet of things, but a record of every transaction that will ever occur) -> put in place an automated taxation system -> finally a biometrics system would then be tied into all of this -> dissenters of our system or anyone that questions it would have their coins black listed and deemed a terrorist or whatever term you want to apply to them -> global humanity checkmated once again Smiley

That's the fun conspiratorial side of it. However, the US Department of Defense was largely responsible for the creation of the internet, so this isn't sooooo far fetched.

Buutttttt if something like that did occur I would assume people would simply create an anti-tyrannically coin and flock to that (with 100% privacy).

Annd no I'm not a subterranean reptilian overlord from Uranus...