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Topic: rpietila Wall Observer - the Quality TA Thread ;) - page 78. (Read 907231 times)

sr. member
Activity: 952
Merit: 281
...
Yes maybe bitcoin is this kind of hero that we are hoping so much to bring the world hope, wealth and power to the people, however, it may be our doom...  Cry

Bitcoin is the hero we deserve Cool
But not the one we need right now
sr. member
Activity: 378
Merit: 254
...
Yes maybe bitcoin is this kind of hero that we are hoping so much to bring the world hope, wealth and power to the people, however, it may be our doom...  Cry

Bitcoin is the hero we deserve Cool
full member
Activity: 126
Merit: 100
or maybe the government made bitcoin  Wink
full member
Activity: 208
Merit: 100
TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

I don't really buy it. The logic recipe is the same I've seen all over conspiracy forums: a handful of unverifiable evidence, a healthy dose of hyperbole, a smidgen of paranoia and a dash of bad storytelling. Check out the full-on schizophrenic conspiracies... those are great fun to read and would make great fiction if the writers didn't actually believe what they wrote.

But let's pretend that you're right. By your reasoning the NSA/government has access just about everything... social media, bittorrent, hardware, operating systems. Even Linux is likely backdoored. That gives them access to basically everything. What about whistleblowers? Of course they are plants to placate us. So we're all doomed. What's the solution? Altcoins? Those would be eventually compromised too...

Abandon all hope? OK, if you say so Cheesy

In reality if Gavin's credibility were ever put into question, he would be replaced in a heartbeat by consensus. There are many other devs who contribute to Bitcoin code. Also, how do Central Banks/governments change the Bitcoin protocol to further their tyrannical control if the consensus is left to the miners?

Is it really that simple, or do we live in an imperfect world with imperfect individuals attempting to run imperfect systems of governments?

Look, I'm not opposed to conspiracies. I simply think that most of them are a lazy cop-out without much merit. They're good stories, but that's it.


Thanks for this message, i was truly amazed so many people bought this conspiracy theory without any evidence.

Problem with conspirators is that they are way too powerful, if not smart, to leave bold evidences.
And i would tend to argue that NSA dont care about the government. I mean, these guys are la creme de la creme of our modern society.
Dont be silly, they understand and have access to technology you would not even dream of.

However, History has highlighted many times that things go way deeper behind the curtains.
Sure there is no proofs, but just by witnessing the global propaganda, the failing financial system, the ideological imperialism, wars, or even 911 (which is now being more and more acknowledged as a conspiracy indeed) etc...

So imo the real question is who is playing who? Is the NSA playing/trolling the old establishment and their f#cked up archaic financial system? Dont you think these guys have run all the calcs in order to switch from this dying paradigm and take the lead? Does global surveillance rings a bell? Google it may be.. ^^

Anyhow, for example, imho it is not because we dont have global media covered proofs of UFOs that they necessarily dont exist.

So here i am, just being a suspicious agnostic.

I remember that I saw a movie or I it was a game that the world was fucked up by the government, like the financial crisis, wars and diseases. It all was made by the government to fuck the world and then the population was desesperate for something to save from all these catastrophes and who do you think was the hero to bring the world to peace again?

Right, the government! The house never loses...

Yes maybe bitcoin is this kind of hero that we are hoping so much to bring the world hope, wealth and power to the people, however, it may be our doom...  Cry
legendary
Activity: 1260
Merit: 1002
Quote from: hdbuck link=topic=400235.msg9444070#msg9444070
Anyhow, for example, imho it is not because we dont have global media covered proofs of UFOs that they necessarily dont exist.

Even to the contrary: so many global media pet stories "EVIDENCE" are either proven lies, soon-to-be-proven lies, obvious lies, etc. that IF something is clearly pushed through as evidence, the truth is more likely not there.

A good reason to totally ignore all media, except social.


true this, although i think my previous points are still valid. The NSA is just out of reach in terms of technological advancement and mindgames.

on a side note, i recommend to give the following document a read: http://cryptome.org/2014/08/deep-state-wins.pdf (why the deep state always wins)

imho its all just a world domination game we are sadly trapped in and our silly freedom beliefs are just implacable illusions.

but hey, gogo bitcoin ^^
donator
Activity: 1722
Merit: 1036
Quote from: hdbuck link=topic=400235.msg9444070#msg9444070
Anyhow, for example, imho it is not because we dont have global media covered proofs of UFOs that they necessarily dont exist.

Even to the contrary: so many global media pet stories "EVIDENCE" are either proven lies, soon-to-be-proven lies, obvious lies, etc. that IF something is clearly pushed through as evidence, the truth is more likely not there.

A good reason to totally ignore all media, except social.
legendary
Activity: 1260
Merit: 1002
TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

I don't really buy it. The logic recipe is the same I've seen all over conspiracy forums: a handful of unverifiable evidence, a healthy dose of hyperbole, a smidgen of paranoia and a dash of bad storytelling. Check out the full-on schizophrenic conspiracies... those are great fun to read and would make great fiction if the writers didn't actually believe what they wrote.

But let's pretend that you're right. By your reasoning the NSA/government has access just about everything... social media, bittorrent, hardware, operating systems. Even Linux is likely backdoored. That gives them access to basically everything. What about whistleblowers? Of course they are plants to placate us. So we're all doomed. What's the solution? Altcoins? Those would be eventually compromised too...

Abandon all hope? OK, if you say so Cheesy

In reality if Gavin's credibility were ever put into question, he would be replaced in a heartbeat by consensus. There are many other devs who contribute to Bitcoin code. Also, how do Central Banks/governments change the Bitcoin protocol to further their tyrannical control if the consensus is left to the miners?

Is it really that simple, or do we live in an imperfect world with imperfect individuals attempting to run imperfect systems of governments?

Look, I'm not opposed to conspiracies. I simply think that most of them are a lazy cop-out without much merit. They're good stories, but that's it.


Thanks for this message, i was truly amazed so many people bought this conspiracy theory without any evidence.

Problem with conspirators is that they are way too powerful, if not smart, to leave bold evidences.
And i would tend to argue that NSA dont care about the government. I mean, these guys are la creme de la creme of our modern society.
Dont be silly, they understand and have access to technology you would not even dream of.

However, History has highlighted many times that things go way deeper behind the curtains.
Sure there is no proofs, but just by witnessing the global propaganda, the failing financial system, the ideological imperialism, wars, or even 911 (which is now being more and more acknowledged as a conspiracy indeed) etc...

So imo the real question is who is playing who? Is the NSA playing/trolling the old establishment and their f#cked up archaic financial system? Dont you think these guys have run all the calcs in order to switch from this dying paradigm and take the lead? Does global surveillance rings a bell? Google it may be.. ^^

Anyhow, for example, imho it is not because we dont have global media covered proofs of UFOs that they necessarily dont exist.

So here i am, just being a suspicious agnostic.
legendary
Activity: 966
Merit: 1000
TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

I don't really buy it. The logic recipe is the same I've seen all over conspiracy forums: a handful of unverifiable evidence, a healthy dose of hyperbole, a smidgen of paranoia and a dash of bad storytelling. Check out the full-on schizophrenic conspiracies... those are great fun to read and would make great fiction if the writers didn't actually believe what they wrote.

But let's pretend that you're right. By your reasoning the NSA/government has access just about everything... social media, bittorrent, hardware, operating systems. Even Linux is likely backdoored. That gives them access to basically everything. What about whistleblowers? Of course they are plants to placate us. So we're all doomed. What's the solution? Altcoins? Those would be eventually compromised too...

Abandon all hope? OK, if you say so Cheesy

In reality if Gavin's credibility were ever put into question, he would be replaced in a heartbeat by consensus. There are many other devs who contribute to Bitcoin code. Also, how do Central Banks/governments change the Bitcoin protocol to further their tyrannical control if the consensus is left to the miners?

Is it really that simple, or do we live in an imperfect world with imperfect individuals attempting to run imperfect systems of governments?

Look, I'm not opposed to conspiracies. I simply think that most of them are a lazy cop-out without much merit. They're good stories, but that's it.


Thanks for this message, i was truly amazed so many people bought this conspiracy theory without any evidence.
hero member
Activity: 924
Merit: 1000
TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

I don't really buy it. The logic recipe is the same I've seen all over conspiracy forums: a handful of unverifiable evidence, a healthy dose of hyperbole, a smidgen of paranoia and a dash of bad storytelling. Check out the full-on schizophrenic conspiracies... those are great fun to read and would make great fiction if the writers didn't actually believe what they wrote.

But let's pretend that you're right. By your reasoning the NSA/government has access just about everything... social media, bittorrent, hardware, operating systems. Even Linux is likely backdoored. That gives them access to basically everything. What about whistleblowers? Of course they are plants to placate us. So we're all doomed. What's the solution? Altcoins? Those would be eventually compromised too...

Abandon all hope? OK, if you say so Cheesy

In reality if Gavin's credibility were ever put into question, he would be replaced in a heartbeat by consensus. There are many other devs who contribute to Bitcoin code. Also, how do Central Banks/governments change the Bitcoin protocol to further their tyrannical control if the consensus is left to the miners?

Is it really that simple, or do we live in an imperfect world with imperfect individuals attempting to run imperfect systems of governments?

Look, I'm not opposed to conspiracies. I simply think that most of them are a lazy cop-out without much merit. They're good stories, but that's it.
legendary
Activity: 1100
Merit: 1032
Monero is working on a project to obfuscate your IP, more info here: https://geti2p.net/en/blog/post/2014/08/15/The-privacy-solutions-project (see #5)

Sounds to me like a Tor wannabe, and will likely have the same issue as Tor: you need a whole bloody lot of nodes for the anonymity to be effective... and what is the incentive of running a node 24/7?

Something like DarkCoin masternodes, that get subsidy from the network for just being up, is needed IMHO to ensure that there are enough active nodes on a crypto network. DarkCoin ties the subsidy to mixing and holding enough funds however, so that's not ideal.

Ideal would be that anyone could run a full node and get a subsidy based on your uptime, transactions forwarded, etc. so people are incentivized to keep nodes running, and then *when* you have a solid network of nodes, you can devise IP anonymity protocols that leverage it.

Otherwise IMHO it's like putting the proverbial horse in front of the cart. :/
legendary
Activity: 1267
Merit: 1000


Satoshi is not a single person. It is a team effort. Always has been. Very few of you will take off the blinders to see the truth but for shits and giggles...I will DOX him right here and now:

There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

From the early 90s-96 the NSA was OPENLY investigating cryptographic money networks:

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
https://www.nacha.org/about  and http://www.slideshare.net/Earthport/nacha-payments-2013-complementary-paths-to-global-ach-earthport-federal-reserve-financial-services-hsbc

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

https://bitcointalksearch.org/topic/the-future-of-bitcoin-is-biometric-authentication-and-identification-173715

TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

HOLY SHIT!


legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.


TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Even if this nonsense hypothesis is true, it still makes no difference. It's open source and does exactly what it says on the tin. The inventor is irrelevant with regards to the future.

well apart from the alleged unbreakable NSA approved SHA256 algorithm... its like people trusting Tor to have no back doors somehow.. really?! how would you possibly know?

By utilizing a nice firewall and monitoring the I/O traffic, this could be possible. I must also say that I agree with your concept though... Wink
legendary
Activity: 1260
Merit: 1002


TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Even if this nonsense hypothesis is true, it still makes no difference. It's open source and does exactly what it says on the tin. The inventor is irrelevant with regards to the future.

well apart from the alleged unbreakable NSA approved SHA256 algorithm... its like people trusting Tor to have no back doors somehow.. really?! how would you possibly know?
hero member
Activity: 544
Merit: 500


TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Even if this nonsense hypothesis is true, it still makes no difference. It's open source and does exactly what it says on the tin. The inventor is irrelevant with regards to the future.
legendary
Activity: 1260
Merit: 1002
Did any of you stop to think that Satoshi = Sir Richard?

yes, and then I started thinking again Smiley

One thing is clear, satoshi is either british or someone educated or living in Great Britain.
Why? Because his software have reference to the "Chancellor of Exchequer" and second bailout of british banks.
Nobody outside of UK even know about this title (position).

Illogical (by denial of antecedent), on account of I knew about the "Chancellor of Exchequer" and the bailout, I am American, and I am also not Satoshi.  This is insufficiently arcane knowledge to qualify nationality.
I am merely well traveled and well read, as also is Satoshi.

Most folks who have made a study of financial history also know that Winston Churchill held this position and attempted to return GB to a gold standard.
Unfortunately a market based gold standard (a gold coin standard) was not attempted, and so this effort was doomed to fail as governments are not good at managing monetary policy when citizens are able to vote the treasure be handed on them without paying for it (thanks to Keynes, gold coin standards are considered old fashioned).

Ecuador is about to face this same issue with their government created crypto-currency.
I wish them luck and wisdom, it will be a great challenge for them.

Please stop trying to dox Satoshi.   It is unbecoming of you, as well as rude and disrespectful.

Satoshi is not a single person. It is a team effort. Always has been. Very few of you will take off the blinders to see the truth but for shits and giggles...I will DOX him right here and now:

There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

From the early 90s-96 the NSA was OPENLY investigating cryptographic money networks:

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
https://www.nacha.org/about  and http://www.slideshare.net/Earthport/nacha-payments-2013-complementary-paths-to-global-ach-earthport-federal-reserve-financial-services-hsbc

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

https://bitcointalksearch.org/topic/the-future-of-bitcoin-is-biometric-authentication-and-identification-173715

TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Great post, I have been saying similar things to a close bitcoin friend for a while now. they fooled the libertarians into pimping their global currency, they created dark markets all to get them on side and drive bitcoin.... best to get your enemies on side first.

yea, they are 20+ years/plays ahead of us. its a game no one stands a chance at. but at least it means that bitcoin is indeed set to succeed Smiley
legendary
Activity: 2268
Merit: 1141
In the forefront of the defence against those developments: Monero (XMR). Total emission 18M vs. Bitcoin's 21M. Price: 0.0017 BTC. Hedging your position with an equal or higher amount of Monero has seldom been this cheap  Smiley

Isn't Monero actually more centralized than Bitcoin and bound to be even more centralized as a side-effect of its blockchain bloat?

The cryptography aspect does not matter too much if there are so few full nodes that you can just log the originating IPs of transactions. Bitcoin is getting there fast, but Monero seems to already have reached the point of "too few full nodes" for anonymity of IP. It's basically the same issue as Tor vs Bitcoin, when there are few enough nodes, you can tap all of them on a low budget.

Also another aspect of centralization are the cloud hosting companies: any entity that has access to physical hosts of handful of top cloud hosters will have detailed IP address logs for transaction origins, and most full nodes are running on the hardware of few hosting companies.

Monero is working on a project to obfuscate your IP, more info here: https://geti2p.net/en/blog/post/2014/08/15/The-privacy-solutions-project (see #5)
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
Did any of you stop to think that Satoshi = Sir Richard?

yes, and then I started thinking again Smiley

One thing is clear, satoshi is either british or someone educated or living in Great Britain.
Why? Because his software have reference to the "Chancellor of Exchequer" and second bailout of british banks.
Nobody outside of UK even know about this title (position).

Illogical (by denial of antecedent), on account of I knew about the "Chancellor of Exchequer" and the bailout, I am American, and I am also not Satoshi.  This is insufficiently arcane knowledge to qualify nationality.
I am merely well traveled and well read, as also is Satoshi.

Most folks who have made a study of financial history also know that Winston Churchill held this position and attempted to return GB to a gold standard.
Unfortunately a market based gold standard (a gold coin standard) was not attempted, and so this effort was doomed to fail as governments are not good at managing monetary policy when citizens are able to vote the treasure be handed on them without paying for it (thanks to Keynes, gold coin standards are considered old fashioned).

Ecuador is about to face this same issue with their government created crypto-currency.
I wish them luck and wisdom, it will be a great challenge for them.

Please stop trying to dox Satoshi.   It is unbecoming of you, as well as rude and disrespectful.

Satoshi is not a single person. It is a team effort. Always has been. Very few of you will take off the blinders to see the truth but for shits and giggles...I will DOX him right here and now:

There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

From the early 90s-96 the NSA was OPENLY investigating cryptographic money networks:

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
https://www.nacha.org/about  and http://www.slideshare.net/Earthport/nacha-payments-2013-complementary-paths-to-global-ach-earthport-federal-reserve-financial-services-hsbc

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

https://bitcointalksearch.org/topic/the-future-of-bitcoin-is-biometric-authentication-and-identification-173715

TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Great post, I have been saying similar things to a close bitcoin friend for a while now. they fooled the libertarians into pimping their global currency, they created dark markets all to get them on side and drive bitcoin.... best to get your enemies on side first.
legendary
Activity: 1100
Merit: 1032
In the forefront of the defence against those developments: Monero (XMR). Total emission 18M vs. Bitcoin's 21M. Price: 0.0017 BTC. Hedging your position with an equal or higher amount of Monero has seldom been this cheap  Smiley

Isn't Monero actually more centralized than Bitcoin and bound to be even more centralized as a side-effect of its blockchain bloat?

The cryptography aspect does not matter too much if there are so few full nodes that you can just log the originating IPs of transactions. Bitcoin is getting there fast, but Monero seems to already have reached the point of "too few full nodes" for anonymity of IP. It's basically the same issue as Tor vs Bitcoin, when there are few enough nodes, you can tap all of them on a low budget.

Also another aspect of centralization are the cloud hosting companies: any entity that has access to physical hosts of handful of top cloud hosters will have detailed IP address logs for transaction origins, and most full nodes are running on the hardware of few hosting companies.
legendary
Activity: 2002
Merit: 1040
if that would be true then two things will happen:

1. bitcoin controlled by government

2. bitcoin to the moon


not sure if i would be sad or happy  Undecided

You know which it would be  Wink
legendary
Activity: 2464
Merit: 1145
if that would be true then two things will happen:

1. bitcoin controlled by government

2. bitcoin to the moon


not sure if i would be sad or happy  Undecided
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