Mr. No-ice-please...
You are certain that "SHA-256 will eventually be broken."
I am certain that "eventually" in this case does not mean "within the next 50 years."
So ... If you're under, say, 30, or otherwise have plans to survive well beyond what are currently considered as biological limitations for the basic human design by some means, I would like to make a bet with you.
Got a couple BTC you're willing to commit to long-term escrow?
Not a lot of spare coins to gamble with at the moment and long term for me is a few hours.
You are misinterpreting my complaint.
1)There are things that we know about the history of the NSA and the so called secure algorithms it promotes. They push bad crypto. Apparently that's their job. Fine.
2) It's not like we do not know what they do. It's like if you see a sign on a store that says "Rotten Horse Meat", and you buy what looks like beef. You get home and what do you think is going to be in the package?
3) The ethical issue is that the major use to which NSA intercepted information is put is not generally anything that benefits people in developing countries. In fact it is safe to say that if the NSA does own bitcoin effectively, in enough ways, it would be used to cancel political dissidents in repressive allied countries. A huge number of people have been killed in Latin america, Africa, Asia directly or indirectly by information the NSA provided to some pretty shitty governments. So a coin with an NSA algorithm should be a no go across the third world.
Is it broken? I don't know.
Will it be broken if it isn't,t? I don't know.
What do I know? See 1,2 and 3 above. It's enough for me.
