Quote from: AztekPhoenix on May 16, 2017, 08:02:27 AM

Quote from: Xester on May 16, 2017, 07:31:26 AM

Quote from: centralbanksequalsbombs on May 16, 2017, 06:28:23 AM

Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

America is in control of the worlds currency in the form of US dollars as the universal legal tender. If bitcoin will be adopted by the countries in the world then bitcoin could be the next legal tender leaving the US dollar weak and prone to economic devastation. This could be the fall of the economy of America thus they see it fit to destroy bitcoin using the quantum computers made by the CIA.

Considering the US Dollar basically has unlimited transaction capacity and backing of the American Government.
Bitcoin can not even meet it current transaction requirements and no support from a Government.

All they have to do is DDOS all of the mining pools or cut their electricity or internet, nothing more to stop Bitcoin.
Bitcoin is resistant to attack from individuals and small countries,
thinking that America or China or Russia don't have the resources to end BTC by physical means is fool hardy.

first of all there is no reason for any country to do such thing and even if they decided to do this, bitcoin is not a centralized website to DDoS and make it go offline!
the miners are spread throughout the world, and those you think are centralized in one place are actually having servers in different places that they connect to. and even if some miners are successfully put out of business, the hashrate will drop and then difficulty will drop and new miners on another side of the world will pop up with new servers and somewhere out of the reach of the attackers.