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Topic: Are Cryptocurrencies a conspiracy? (Read 207 times)

legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
July 25, 2017, 05:04:31 PM
#2
I didn't know that the SEC is already investigating ICOs, but it was only a matter of time. If they see DAO tokens as securities, than that's because they are. The law doesn't care much for technical implementation details.

I don't think central banks have secret plans to shift the populace towards crypto, else they would already have delivered a meaningful solution. So far it just seems like they're trying to be cool with the kids.

It is true that cryptocurrencies could enable better surveillance. I doubt that that's anyones aim though, else they wouldn't herd people away from cash towards bank transactions (at least in the EU), which are just as easily surveilled with the added benefit of being able to block unwanted transactions.
member
Activity: 83
Merit: 10
July 25, 2017, 03:57:35 PM
#1
Within the last couple of hours, the SEC ISSUED AN  INVESTIGATIVE REPORT CONCLUDING DAO TOKENS, A DIGITAL ASSET, WERE SECURITIES. Add to this the fact that US tax authorities got coinbase to submit all user data to 'audit' accounts mainly for tax evasion and the fact that central banks are aggressively looking to create their own cryptocurrency, are we being fooled?

If you had a nefarious plan to shift what we view as currency (and what we consider valuable), then wouldn't you implement it in the exact same way as it has happened?

Stage one; release a new concept (cryptocurrency) and test it out for a few years
Stage two; cause a bubble and lots of interest so that people can voluntarily run towards it and accept it
Stage three; Wilde west atmosphere leads to lots of fraud (in ICOS) leading to the verification of all identities of everyone in the world using blockchain (ehm civic), create enforceable international treaties and laws to regulate the creation and use of all crypto currencies (Attaching severe criminal penalties for anyone in contravention)
stage four; Upper class  has an unlimited amount of never ending wealth while the rest of us are tricked

This is all just a thought and of course, i don't believe that it is the current state of affairs however who knows how it'll play in the future.
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