Quote from: dinofelis on February 22, 2017, 04:52:46 AM

I'm not believing any more in the "unregulated" part. Yes, it will keep the appearances of "unregulated and distributed" but in fact it will be entirely institutionalized behind the doors. Bitcoin will be (if it isn't already) an institution's crypto. Of course it will not go away, but it will not be what you think it is. It will be like gold. Mainly manipulated, stored, owned, regulated by central banks. If it isn't already. The Chinese gov already has put their hands on the big Chinese exchanges. I'm sure the big miners are next. Of course, officially, the gov doesn't own them. But they tell them what to do.

Perhaps you missed one of my critically important posts lately explaining why gold is centralized but crypto-currency is not:

Quote from: iamnotback on February 18, 2017, 03:19:28 AM

Quote from: Xester on February 18, 2017, 02:54:01 AM

...no electricity and [no Internet]...

Such a total order is impossible because it would require snuffing out every decentralized instance of human ingenuity hiding under every blade of grass on the planet:

(for the same reason NWO can't physically confiscate all the precious metals but NWO can sure as hell make them illiquid as I explained upthread^[1] because of their requirement to be physically traded with centralized market makers who have large economies-of-scale; whereas, the NWO can't make crypto-currency illiquid because just like prohibition of alcohol in the prior century and decentralized file sharing, the more they try to stop it, the more decentralized users of it will increase)

...

Bitcoin can't be regulated without a total order of government in the world. And that isn't coming in the next year. By the time TPTB get their NWO one-world government system cooperation in place, Bitcoin will have already served its role as the onramp to unregulated decentralization technology innovation.

China and others make a lot of noise about regulation, but as you see they all end up caving in and realizing they can't regulate private keys. Even if China monopolizes the mining, they can't blacklist private keys without destroying Bitcoin and forcing a new altcoin to rise to take its place. Bitcoin is far too small (compared the $trillions flow of FX capital flow in China) for China to attempt such a scorched earth policy on mining at this time (and they would likely fail just causing the rest of the world to blacklist China's mining pools or a fork changing the hash causing all China's mining farm investments to become useless overnight).

Quote from: dinofelis on February 22, 2017, 05:33:30 AM

But behind the scenes, these deep state agents will in fact *put their hands on the bitcoin market* by owning a lot of it, but mainly, by telling the main (centralized) actors how to behave so that it suits them.

That is hand waving. The only way to stop someone who has his own wallet is to blacklist on the blockchain. Now that person can go online and state that his transaction has not be added by any miner after such a long period of time. The community will investigate. The only way to snuff out this exchange of information is to have a total order of totalitarian control on the Internet.

Sorry your fears are unfounded. If ever it happens, then we are already in 1984 and we're all doomed.

You seem to have a doomsday attitude, so I don't think you are likely to be in touch with the reality of what will transpire:

Quote from: dinofelis on February 18, 2017, 08:56:48 AM

I don't think we will reach stage #6. The Singularity will hit us first. We are just the breading ground for the machines to take over. They will take over the totalitarian mechanisms set in place in stage #5.

Btw, I have refuted the Singularity in the past. It will never happen.

I don't want to debate it again right now, which is why I didn't respond to the above comment in that thread.

Just put it this way, total orders have never existed in our universe. So the probability of total doomsday is 0.

For machines to become more important than humans from an evolutionary standpoint (which is all that matters actually in terms of species extinction), then they must become alive and that means they must have a bell curve of attributes and have failure. Because without failure, there isn't existence of life (the past and future will collapse into undifferentiated without friction and imperfection).

Infinite entropy can't exist. Kurzweil is a smart idiot.