This is an open discussion, so your thoughts more than welcome.
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
^^^fact. Little do people know, built within the bitcoin code itself, there is a pump function. It's purpose is to create value via the creation of demand. This code is run in a loop on a variably adjusted protracted time schedule and once executed, sends a command signal to the brains of infected investors to buy moar cheap coinz.
The real challenge for the "few people with a lot of money", aka The Reptilians, was to entice the still unwashed minds of the easily fooled with the illusion of a breakthrough in technological achievement of a decentralized public ledger system, immune to corruption and regulation, owned by the people, in which the average person all the way up to the multinational corporation is free to interact with whether sending or assigning a value asset, the protection of intellectual property, or the complete replacement of many other antiquated systems of accounting all quickly, cheaply and securely -of which, the function of a currency being the easiest to exploit.
It is said that Satoshi, the king of The Reptilians, devised the original brilliant scheme while doing blow off a hooker's vagina.
11Satoshi, genius or cracked out?