Topic: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat - page 4. (Read 67202 times)

Very pessimistic view of the future. I am a little bit more optimistic.

To enforce the rules globally, they will need to have the resources and consensus of all nations and their own population. I do not believe people will give up their right of privacy so easily.

If the economic of the existing power really going down the sink, they will no longer have the influence and infrastructure in place to enforce the rules.

If the national security agencies are determined to eavesdrop on you, as far as I know there is currently no browser setup that can with very high confidence prevent it. Let's for example posit that Tor is successful in obscuring your IP address from the destination activity 80% of the time. Then if you send 10 transactions and or mining shares (over time perhaps not in the same Tor session), then your chance of being non-anonymous has declined to 0.8^10 = 11%. Not good odds, especially if the cost of being non-anonymous is very great, e.g. you break some Orwellian capital controls in 2017 and end up in a SuperMax prison.

Some argue that hiding in plain sight is best, i.e. not drawing attention to yourself by using Tor. However, if you are accessing the nodes of a crypto-currency network, I assume the national security agencies are (will be in 2017!) tracking you if you agree with the theory that the G20 is going to be hunting down (to confiscate) all wealth as the bankrupt global economy forces them to. This is couched in propaganda themes such as  "go after tax avoiders" and "prevent money laundering and funding for terrorism". Others might argue this is a paranoid view.

I believe there exist algorithms to attain higher levels of confidence, that can be described and analyzed mathematically, but as far I know such algorithms are not implemented for any browser setup nor anonymous coin.

So, which browser can guard against eavesdropping ?

Searching for anonymous coins that don't have serious flaws.

http://www.neutrinocoin.org/neutrino_white_paper

Problem is as I wrote upthread that Tor is compromised by national security agencies, which are reporting to tax authorities and the G20 are going to be cooperating to track down and confiscate all wealth as the global liquidity crisis collapses in a contagion stampede circa 2016 to 2024.

The use of hidden services does not ameliorate the issue, because the adversary can see all (encrypted) traffic and correlate patterns with timing analysis because the traffic is low-latency. As well, Tor relay servers are likely honey pots. Sybil attacks can be used to flood Neutrino nodes with adversaries which can then can full access to decrypted transaction and mining information and correlate it with the sending node via this global analysis.

Tor and I2P employ low-latency Chaum mix-nets, which are fundamentally flawed concept that can't defend against such a global adversary.

How do you trust Zerocash, when the NSA could serve the creators of the setup parameters with a national security gag order on the eve of the public ceremony?

There are other advanced technical means that might be used to intercept the setup parameters even at such a ceremony, e.g. the NSA can reprogram the microcode of CPUs using built in backdoors and there is technology for jumping the air gap and intercepting the computations inside the computer.

And we will never know if the money supply is being inflated away since the money supply is invisible.

This is religious science fiction. Members of christian sects who believe to prosper in a mad max environment with nuclear reactors without maintenance and cooling.
So funny.

---------------------------- Original Message ----------------------------
Subject: Why do Singapore and Ethiopia cooperate?
From:    AnonyMint
Date:    Mon, June 23, 2014 1:08 am
To:      "Armstrong Economics" <[email protected]>
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http://armstrongeconomics.com/2014/06/22/nsa-gathers-all-communications-everywhere/

At the link above, Armstrong documents the global cooperation on intercepting all communications.

We look on the list of 3rd parties cooperating countries, as we see the likes of Singapore and Ethiopia.

So pray tell me why in the hell would these countries cooperate if this was just self-interested, clueless bureaucrats protecting their own political power and vested interest?


Singapore and Ethiopia (for example, and there are many others on the list) don't need to hunt down the wealth of their own citizens, as their economies are not suffering from the bloated socialism and sovereign debt crisis.

There is this level of global coordination, because there is a very powerful oligarchy of globalists who control these nation-states and coordinate their plans.


Armstrong thinks they are doing this completely ignorant of the implications of how it will crash the global economy. Rather these globalists know damn well that they will crash the global economy and since they will be in control, their multi-national corporations will have special access to credit and to buy up everything cheaply at fire-sale prices.

This all about a global hegemony for this oligarchy that runs the world. The bureaucrats are just the pawns on the chessboard playing their respective bought off (vested) roles.

The real winners are always the international oligarchy, a.k.a. "banksters". These are not the banks with names such as JP Morgan and Goldman. Rather these banks are just tools of the oligarchy and any tool can be sacrificed at any time if it maximized the overall objective of global hegemony for this oligarchy.

Until Armstrong learns this fact, he will remain a naive nincompoop.

---------------------------- Original Message ----------------------------
Subject: James Turk echos my point about gold & crypto-currency;  Armstrong continues his hysterical nonsense
From:    AnonyMint
Date:    Sun, June 22, 2014 12:50 pm
To:      "Armstrong Economics" <[email protected]>
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James Turk echos what I wrote recently as quoted above. Here is the link to James Turk interview:

http://www.youtube.com/watch?v=YbtmM9ELWdQ#t=1122


-------------------------
http://armstrongeconomics.com/2014/06/22/welcome-the-federalization-of-one-europe-to-save-the-euro/



Amazing isn't how all these self interested politicians and bureaucrats can't seem to plan anything correctly nor accomplish anything correctly, yet somehow we have this global coordination to track down wealth and open the exclusive doors for the multinational corporations which are owned by an oligarchy as proven by New Scientist magazine:

http://www.newscientist.com/article/mg21228354.500-revealed--the-capitalist-network-that-runs-the-world.html

Amazing how we have all the global coordination on global warming carbon credits taxation and even corporations in the Philippines (such as Henry Sy's SM malls chain) force us to use brown bags on Wednesdays because of the global warming hoax, and this seed was planted at the 1978 U.N. Convention on Human Environment and the U.N. was funded by Rockefeller after his League of Nations floundered.

So all this multiple decades of coordinated planning was just random self-interest according to Armstrong.

My Lord, you can lead a donkey to water in the desert, but you can make the damn thing drink before it collapses into the dust.

Sheesh.

At least we 3% understand where the global hegemony derives and what is necessary to create a frontier to escape from. Donkeys will lead their brethen into skeletons in the desert of no frontiers bitching the entire time about corrupt peon bureacrats and never gaining an ounce of insight into the real power structure and what technology is required to disrupt it.

AnonyMint, can you create a blog or something ?
Would be good if the interesting response you gave were not buried deep into several forums post, but and centralized on a blog.
You can always duplicate the content in the forum (or comments to armstrong), but it is a shame than the post you take so much time and quality to write become buried like that.

---------------------------- Original Message ----------------------------
Subject: there are no geographical frontiers,  because world is complicit with globalist plans
From:    AnonyMint
Date:    Sun, June 22, 2014 7:39 am
To:      "Armstrong Economics" <[email protected]>
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http://armstrongeconomics.com/2014/06/22/hunt-for-money-tisa-negotiations-leaked-by-wikileaks/



I want to refer readers and Martin Armstrong to what I communicated to him previously as quoted below...



Emphasize my statement, "realize the Asians (and even the Latin Americans) are fully on board with the Orwellian socialism".

The globalists have been pulling the strings even in the Philippines where they recently were able to get similar liberalization of foreign ownership of banking passed through the Senate.

http://www.rappler.com/business/industries/209-banking-and-financial-services/60160-senate-approves-bill-full-foreign-ownership-philippine-banks

http://www.sunstar.com.ph/breaking-news/2014/05/16/house-passes-bill-allow-foreign-ownership-banks-343179

See how the globalists push this through with their funding and capture of influence think tanks and organizations (operating at many diverse levels which can only be detailed fully with forensic research):

http://business.inquirer.net/166364/business-group-seeks-more-leeway-for-foreign-banks-in-ph


Even this media circus in the Philippines now about abuse of the pork barrel funds, is all about getting the Philippine public to agree to end the bank secrecy law and also so the public will support the usurpation of the Constitution to change to a Parlimentary system so the control is further shifted away from local government to globalists.

The plan of course is to track down all money and also to enable foreign ownership of land so when the SOBs crash the global economy, the multi-nationals can come in and buy up the prime land cheap.

---------------------------- Original Message ----------------------------
Subject: official digital currencies vs. gold and crypto-currencies
From:    AnonyMint
Date:    Sat, June 21, 2014 9:13 pm
To:      "Armstrong Economics" <[email protected]>
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http://armstrongeconomics.com/2014/06/21/electronic-money-starting-in-london/



Gold can be an underground store-of-value, but as I alluded to Martin in my prior communication, and even Martin has written that gold can't transport across check points and borders any more without being registered with the authorities. Thus gold can not by itself function as a medium-of-exchange for the underground economy, because then exchange could only occur on a local scope. And Bitcoin has no anonymity features built in, and Tor is likely a honeypot as well most users don't employ it with Bitcoin. Thus alternative crypto-currency(ies) with anonymity features will rise up to serve the underground economy, and as a means to sell and re-purchase gold across distance as I explained in my prior communication.

And the other point I made in my prior communication is that the official system being offered by the globalists via their capture of the multi-national corporations and government, is an imploding economy post-2016. Thus those sheep who stay with the official digital instruments are going to be declining with the Titanic. This is what will provide the demand for the underground crypto-currencies and will be rapidly growing market. Of course the underground crypto-currency will not rise enough or fast enough to offset all the official digital money usage. The majority will rather choose to die on the Titanic and the official system will collapse into a big mess.

Massive chaos ahead and the majority will ride the official system down into the abyss of rising taxes and Orwellian socialism.

I see the possibility of a ray of hope in the tunnel coming from alternative crypto-currency and their adoption by the technologically astute thus providing a frontier to escape the Orwellian socialism. And this could spin off into an entirely new internet and global KNOWLEDGE AGE economy that is untouchable by the corruption. If successful, then those who don't adopt it will fall into their own Dark Age, akin to how Eastern Rome broke away from Western as the Western Rome fell into a 600 year Dark Age.

Again the only hope has always been frontiers that compete against the dying Orwellian socialism. This time the frontiers are technological, not geographical.

The geographical frontiers this time are the developing world, especially Asia, but realize the Asians (and even the Latin Americans) are fully on board with the Orwellian socialism, e.g. China has a CTV camera on every lamppost. The developing world will rise after 2020 because they aren't saddled with aging boomers and constituent government liabilities, but developing world will rise within the official system controlled by the globalists, thus it won't be a complete frontier. We would need to look towards high tech solutions for that this time.

---------------------------- Original Message ----------------------------
Subject: Google wallet vs. crypto-currencies
From:    AnonyMint
Date:    Thu, June 19, 2014 1:41 pm
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/06/19/google-the-new-bank-rollover-bitcoin-banks-its-the-internet-revolution/

Armstrong is entirely correct that banking, checking accounts, and payments will move nearly entirely digital within the next decade.

He is also correct that the masses will choose to stay with big government and their home fiat, thus Google wallet.

He fails to note that Bitcoin is also being taken over by Bitpay and Coinbase, the former of which is controlled by Peter Thiel the founder of Paypal. So Bitcoin will be brought into the fold of the government controlled and sanctioned digital currency system. I had been one of the first to write about this at the following linked post.

https://bitcointalksearch.org/topic/m.6076321

What Armstrong fails to consider is the uses of alternative crypto-currencies for which Google Wallet and Peter Thiel controlled Bitcoin will not be competitive with.

1. Anonymous store-of-wealth. The anonymous altcoins will be able to hide wealth from the coming confiscation.

2. Anonymous transfer of wealth across borders. So you want to move some gold. First you sell it for some anonymous crypto-currency, then you sell that altcoin for gold in the new location.

3. Sell download software and online services anonymously such that your income can not be tracked nor taxed. This will also require anonymous internet sites such a Tor services, and we really need an improved anonymity model for the internet that is better than Tor. While the youth are unemployed, you think they won't like to sell their services and apps without being tracked for taxes? The youth are going to see how corrupt government is and not want to fund it.

4. Earn some crypto-currency for free just by turning on your computer. This creates a demand for merchants. Don't tell me the youth in the coming global crisis won't like to get some free money while they sit at home bored and unemployed.

5. Due to the $227 trillion global debt bubble with $1000+ trillion of unfunded government liabilities with another $1000+ trillion of credit swap derivatives to keep the bond bubble propped up, this has provided a massive level of funding for an oversupply of everything in the global economy. Thus the global economy will shrink by at least 50%, perhaps as much as 80%. Whereas the knowledge age economy where individuals work out of their homes producing online services, software, 3D printer designs, etc and sell them online will grow very fast. If this grows to 10% of what the global economy is now, and the global economy shrinks by 80%, then the knowledge age economy will the majority of the global economy.

There is going to be a huge competition underway between Google and the altcoin developers to see who can provide the infrastructure and future of this knowledge age economy. Currently Google et al appear to have a massive lead. However, if certain highly capable developer(s) can get entirely healthy and focused, you could be very surprised what one person with a $billion premine to spend on open source bounties could do. Large companies move too slowly.

Let's watch this space closely to see if an credible alternative to Google wallet appears in the crypto-currency scene.

I wish you the best in all of your endeavors.

Thank you too.

Adios forum. Thanks.

I do run linux for personal use for ~10 years but I fear new hardware is bypassing the software at a firmware level - perhaps even forming some kind of cooperative grid (cards, disks, mobos / bioses, cpus etc).

...

Or you can just remove the rooted software (ie windoze) and install debian or some other GNU/Linux flavor where you own the computer.