Author

Topic: Hilarious Bitcoin Conspiracy Theory (Read 1113 times)

hero member
Activity: 630
Merit: 500
June 11, 2011, 05:28:19 PM
#4
Trolls...


Trolls everywhere...
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
June 11, 2011, 05:18:48 PM
#3
Conspiracy Theory LOL!
Why do you find that hilarious? The Bitcoin founder is CIA/NSA and todays low of 13 is a clear signal "they" are in full control and we are helpless slaves.   Roll Eyes
sr. member
Activity: 322
Merit: 252
June 11, 2011, 05:09:51 PM
#2
If the pay is the same either way, I don't really care what is in the blocks.
full member
Activity: 327
Merit: 124
June 11, 2011, 05:07:59 PM
#1
I was just reading some comments by Michael Rivero at the WhatReallyHappened blog.

"As a part of the mining for BitCoins, a huge amount of computer power is being spent on cryptographic processing of these blocks, and nobody really knows for certain what is inside those blocks.

I am concerned that the BitCoin miner, along with passing BitCoins hither and yon, is actually a vast distributed code key-breaker, as I cannot think of anything else requiring that kind of computer power (as NSA's rumored expenditure on exaflop computers suggests). With enough raw computer power chained together in a few million BitCoin users, brute-force breaking of the keys of asymmetric encryption becomes achievable, even convenient."


LOL!

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