Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
molecular
on 05/11/2014, 20:29:23 UTC
TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

I don't really buy it. The logic recipe is the same I've seen all over conspiracy forums: a handful of unverifiable evidence, a healthy dose of hyperbole, a smidgen of paranoia and a dash of bad storytelling. Check out the full-on schizophrenic conspiracies... those are great fun to read and would make great fiction if the writers didn't actually believe what they wrote.

But let's pretend that you're right. By your reasoning the NSA/government has access just about everything... social media, bittorrent, hardware, operating systems. Even Linux is likely backdoored. That gives them access to basically everything. What about whistleblowers? Of course they are plants to placate us. So we're all doomed. What's the solution? Altcoins? Those would be eventually compromised too...

Abandon all hope? OK, if you say so Cheesy

In reality if Gavin's credibility were ever put into question, he would be replaced in a heartbeat by consensus. There are many other devs who contribute to Bitcoin code. Also, how do Central Banks/governments change the Bitcoin protocol to further their tyrannical control if the consensus is left to the miners?

Is it really that simple, or do we live in an imperfect world with imperfect individuals attempting to run imperfect systems of governments?

Look, I'm not opposed to conspiracies. I simply think that most of them are a lazy cop-out without much merit. They're good stories, but that's it.


Thanks for this message, i was truly amazed so many people bought this conspiracy theory without any evidence.

phew, thanks guys. There I was thinking btctalk or at least this thread had gone insane. Just answering with "great post" and "yeah, they're 20 year in front of us and everyone ignoring my attempt to point out some of the more colorful fantasies (like the "greenaddres PRIMARY KEY derived from biometric data" story).

This is not to say all of coinits points are false or should be ignored, but his post doesn't deserved unreflected cheering like that. It contains extraordinary claims and no real evidence for most of them. The fact that conspirators carefully avoid leaving hard evidence doesn't make the claims true, either.

Anyway, glad to see not everyone has gone apeshit.