Author

Topic: DAO "Attack" was an inside job by the big banks ! (Read 372 times)

legendary
Activity: 1120
Merit: 1000
OP this is nice idea but i doubt it is true lol.
sr. member
Activity: 448
Merit: 252
As far as I know it's not a secret that Vitalik Buterin and the other Ethereum people have been cooperating closely with Goldman Sachs and a number of US-based financial institutions.

Ethereum fans have always been busy trying to neglect this fact.

Ethereum IS a direct result of centralized bankers' planning.

member
Activity: 94
Merit: 10
After the hard fork, everybody will think that the "attacker" had their 10% ETH stake taken away and will sing praises, while Goldman Sachs secretly built up a 20% stake!

https://steemit.com/ethereum/@etherqueen/dao-attack-is-more-than-just-an-inside-job-it-is-a-legally-planned-publicity

The DAO "Attack" resulting in Ethereum's "Fund Freeze" proves to the big banks that Ethereum is now a serious competitor for their business just like Ripple did successfully last year:

http://insidebitcoins.com/news/not-so-decentralized-ripple-freezes-1m-in-user-funds/31862

Ripple never left the Top 5 crypto list after publicly freezing user funds, and neither will Ethereum. This is precisely because the Ethereum Foundation has publicly demonstrated effective control over its blockchain.

This exact strategy has kept Ripple among the top cryptos, and proves that courting banks through demonstrable central control is an effective way to compete for real bank business weather Libertarians like us like it or not.

https://ripple.com/insights/ripple-and-xrp-can-cut-banks-global-settlement-costs-up-to-60-percent/

Right now, the Bitcoin-Libertarian crowd cannot see what is right in front of their nose.

Ethereum doesn't want their business, because:

The banker doesn’t look at how she can make incremental improvements to today’s systems with blockchain technology, but how she can position her bank to survive and thrive through the evolutionary change already underway.

Ethereum has just thrown it's hat into the ring .

This is not jokes or FUD, but sound business strategy in play, combined with some insider trading, "weak hand shaking out," and of course, "accumulation," that can never be proven. Congratulations Ethereum for re-positioning yourselves from the Bitcoin-Libertarian fringe into the lucrative mainstream big banking sector.

If you don't think I'm right, just wait until the next twist occurs:

Banks start taking interest as the price reverses. This is how Wall Street takes a position in a company in the real world. It's just that the crypto crowd is not used to seeing this close up.

After the hard fork, everybody will think that the "attacker" had their 10% ETH stake taken away and will sing praises, while Goldman Sachs secretly built up a 20% stake!
Jump to: