Topic: These guys are UNBELIEVABLE. The Brookings Institution weighs in. (Read 6087 times)

I never really trusted the ISA slot, to be honest.

he's referring to some "Tom Williams" digging that he's done.  claims he's dug up alot of dirt on several forum members here.  no specifics though.

What is the TW you are referring to?

Do you have hard evidence of that?

We are crossing into tinfoilhat / omg its nwo the bohemian grove territory here.
Imho: Too much mystique over the cypherpunks

.

Hate to break the bad news, but I've uncovered a many of them attached to Bitcoin via my stupid re-search of TW. Some of them being early adapters. Also, other early members are/were involved with WOW Gold and/or practice some form of occult.

There are only two things bitcoin nodes have to communicate with each other...transactions and blocks.  Neither of these require a particularly large amount of bandwidth and they are both asynchronous.  For the same reasons that the internet can be made to work over these communications channels, bitcoin can as well.

Steve, we're talking about Washington DC (the guys that almost defaulted on our debt last month) and Bankers that established over the past 200 years their own system that everyone legally has to follow.

Trust me there is a difference between rational and what we got going on in Washington.

It's akin to having Exxon be the legal regulatory power for Electric Cars...

+1.  this is the first time i've ever read of alternative creative ways to use Bitcoin.  care to elaborate about how Bitcoin could work over digital radio and bluetooth?

And bitcoin would still work perfectly well.

Anyone investing in bitcoin should assess the risk of government interference and remain appropriately diversified.  For people that simply want true two party transactions, bitcoin works at any price.  If governments really want to stop bitcoin, they'll need to place restrictions on all forms of digital communications.  They'll need to make sure you check with a government agency before you exchange USB keys with anyone.  The transfer of ownership of a computer will need to be a registered and tracked activity.  And let's not forget radio...bitcoin will work fine over HAM radio covering very large distances...they'll have to put an end to any form of digital communication over radio.  And what about bluetooth, NFC, QR codes and optical scanners...they'll need regulations for those.  They'll need to make sure any wifi enabled device runs only government provided software.

This article, while disturbing in many respects, is grossly underestimating the magnitude of the expenditure that will be required to stop or control digital currencies from proliferating.  At some point, I'm confident that govt's and financial institutions will make the rational, self interested and self preservationist decision that it is better to make use of digital currencies than to fight them.

Really? The blockchain size is the Achilles heel? Who do these people think they are? Oh right, never-mind. They do not understand bitcoin, nor the internet. It's a good thing we have actual smart people *doing* the work that makes technology possible while the anti-intellectuals write silly papers that do nothing. As far as competing multiple blockchains go; I'm all for them. As a psywar assault, this paper is an epic fail. I'll give the Brookings Institute a hint. If you want to attack bitcoins, passing laws against free speech won't work. Just buy them all up like Roosevelt did with gold. QED.

http://www.pbs.org/moyers/journal/04032009/watch.html

"The best way to rob a bank?  Own one."

It'd call this predictive programming, an attempt by it self to inject this idea ("terrorist cell" split-up of the blockchain)  into the bitcoin community. This attempt may even the whole purpose of the paper. If they are successful it would be easier to demonize bitcoin.

We are already under attack and this is the first strike in the psywar.

BTW, did you know the guy who is current President of the Brookings Institute for the last 10 years approx. is a known Skull & Bonesman. Talbott, Strobe - NO FUCKING SURPRISE, RIGHT? The piece of shit bastard Masons and scam artist politicians and fraudulent bankster scumbags!

Talbott, Nelson Strobridge III (b. 1946) — also known as Strobe Talbott — of Ohio. Born in 1946. U.S. Ambassador to , 1993-94. Member, Skull and Bones. Still living as of 1994.

http://politicalgraveyard.com/bio/talbott.html#393.42.74

best way to rob a bank...

Wait for a Tsunami, and have a large boat nearby.

A guy in Japan recently returned 70 Million in funds locked in vaults that washed ashore after the flooding from the tsunami.

Why are the Japanese so gullible and dumb and nice?

FUCK THAT!

Banks insured! I KEEP IT ALL!

The best way to rob a bank?  Own one.

Yes, thats also the best way to discoordinate the economy and make everybody poor.

The best way to rob a bank is stop using THEIR money.

What's the best way to rob a bank?

Stop using money.

Or in order to disrupt Bitcoin the Feds could start a competing blockchain