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.

╥AztekPhoenix

If they blatantly attacked bitcoin infrastructure it would first of all be an admission of fear and weakness. 2nd it would have the opposite effect. The community would rally together and all the free advertising would all serve to increase the bitcoin price. I hope they try.