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Topic: Would the CIA or some bank/spy-agency ever sponsor kill of Bitcoin'simage? (Read 736 times)

member
Activity: 167
Merit: 10
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

Since they can control media I think it is obvious they will do all they can to give a bad publicity as a descentralized and limited curency go against their money supply monopolio.

The problem is that being descentralized they can not attack it directly so they can push forks, bad image as it is money for drugs etc... but every time has more news saying that bitcoin is not being used on those ilegal markets. They will try all they can without doubt
sr. member
Activity: 476
Merit: 250
There have to be a motivation for doing such a thing! Even though a slight news will disrupt the value of BTC, we have seen it comeback and show that it has come to stay in the market! And if it's value keep increasing like this, only guys who wants to see deep financial crisis again would care to kill BTC image.
full member
Activity: 227
Merit: 100
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?
NO? Why would they do that in the first place?
Do they have concerns with BTC? I think it's just a mere propaganda because BTC got a great demand nowadays.
full member
Activity: 812
Merit: 105
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

I think there may be an organization that will drop the bitcoin, like the dollar money that is currently the benchmark of world money, if bitcoin more and more in many people liked the possibility of bitcoin could become the world currency.
legendary
Activity: 1218
Merit: 1007
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?
It wouldn't be surprising if they did, I'm surprised they haven't done anything along the same lines against Bitcoin so far. They're know for making use of their assets to disrupt... well, a lot of things, and I would suspect that Bitcoin should be a lot higher on their list compared to a lot of the other targets they might have already gone after. Maybe they just want it to get big so that their false flag has more of an impact, if they ever have one at all. Bitcoin just doesn't seem like anything that poses a threat to anything the CIA does. Maybe the fiat system, but it is way too small for that so far.
full member
Activity: 630
Merit: 103
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

If the government of the America is against the bitcoin and cant control it then there is possibilities that your question might happen and the same with other nations that wont support bitcoin but i dont see this will going to happen in USA because the government dont see any threat from bitcoin in fact the Penragon plans to adopt blockchain technology to depend their system.
hero member
Activity: 896
Merit: 521
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?
You really think CIA would get involved with these petty things? Cryptocurrency cap is still in billions with only 1% global population. You think that concerns them at all?

These central institutions are not free to carry out small, internal and hidden attacks on Bitcoin. If they want they can simply ban Bitcoin in their country. People might still use it, but percentage of user will definitely gonna decrease sharply.
hero member
Activity: 1834
Merit: 759
You can never really discount that possibility, but I don't think it has happened yet. I've observed that journalists have a love-hate relationship with Bitcoins. They write about how early adopters became rich when it's up, and how it's a bubble when it's down. It's typical media sensationalism, so I wouldn't credit those to some kind of a destabilization plot.

As for Dimon and the other FUD spreaders, they have an agenda to push, and isn't necessarily trying to kill Bitcoin's image in the long term. Most of them either want to manipulate the market, or are just plain haters.
newbie
Activity: 27
Merit: 0
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?
If you believe in conspiracy theories then absolutely anything is possible, government sponsored actors have done many "questionable" things over the years and who knows, except themselves where the line is.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair

If they blatantly attacked bitcoin infrastructure it would first of all be an admission of fear and weakness. 2nd it would have the opposite effect. The community would rally together and all the free advertising would all serve to increase the bitcoin price. I hope they try.

At this point, you may be right - could it be considered free advertising?
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Why is Bitcoin picked on by the media?
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

They already doing it. All the time they are saying that bitcoin kills their system and harms people in their countries. As everu governmental structure they accepting technologies mutch slower than anyone else. I belive they should change their system  so they should coexist with crypto.

You may be right, but isn't it ironic that these governments consistently work harder to destroy fiat's value?

Fiat around the world is heavily infested, broken, and burdened with:
-regulatory burden on fiat banks & system (incredibly costly)
-insurance fraud
-false claims and insurance losses
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.
full member
Activity: 924
Merit: 148
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

They already doing it. All the time they are saying that bitcoin kills their system and harms people in their countries. As everu governmental structure they accepting technologies mutch slower than anyone else. I belive they should change their system  so they should coexist with crypto.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair


If they blatantly attacked bitcoin infrastructure it would first of all be an admission of fear and weakness. 2nd it would have the opposite effect. The community would rally together and all the free advertising would all serve to increase the bitcoin price. I hope they try.

LOL ar Jamie Dimon and attempts by China.

Bitcoin can't be controlled as its reached global escape velocity 4-years ago in 2013. Hahaaha.

So we consider these attempts free advertising? =)
full member
Activity: 235
Merit: 250
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

America is in control of the worlds currency in the form of US dollars as the universal legal tender. If bitcoin will be adopted by the countries in the world then bitcoin could be the next legal tender leaving the US dollar weak and prone to economic devastation. This could be the fall of the economy of America thus they see it fit to destroy bitcoin using the quantum computers made by the CIA.


Considering the US Dollar basically has unlimited transaction capacity and backing of the American Government.
Bitcoin can not even meet it current transaction requirements and no support from a Government.

All they have to do is DDOS all of the mining pools or cut their electricity or internet, nothing more to stop Bitcoin.
Bitcoin is resistant to attack from individuals and small countries,
thinking that America or China or Russia don't have the resources to end BTC by physical means is fool hardy.


╥AztekPhoenix

If they blatantly attacked bitcoin infrastructure it would first of all be an admission of fear and weakness. 2nd it would have the opposite effect. The community would rally together and all the free advertising would all serve to increase the bitcoin price. I hope they try.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
America is in control of the worlds currency in the form of US dollars as the universal legal tender. If bitcoin will be adopted by the countries in the world then bitcoin could be the next legal tender leaving the US dollar weak and prone to economic devastation. This could be the fall of the economy of America thus they see it fit to destroy bitcoin using the quantum computers made by the CIA.
Considering the US Dollar basically has unlimited transaction capacity and backing of the American Government.
Bitcoin can not even meet it current transaction requirements and no support from a Government.

All they have to do is DDOS all of the mining pools or cut their electricity or internet, nothing more to stop Bitcoin.
Bitcoin is resistant to attack from individuals and small countries,
thinking that America or China or Russia don't have the resources to end BTC by physical means is fool hardy.

first of all there is no reason for any country to do such thing and even if they decided to do this, bitcoin is not a centralized website to DDoS and make it go offline!
the miners are spread throughout the world, and those you think are centralized in one place are actually having servers in different places that they connect to. and even if some miners are successfully put out of business, the hashrate will drop and then difficulty will drop and new miners on another side of the world will pop up with new servers and somewhere out of the reach of the attackers.

Hah, thank you for your role in forum-post policing! That was amusing to read.
legendary
Activity: 3444
Merit: 10558
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

America is in control of the worlds currency in the form of US dollars as the universal legal tender. If bitcoin will be adopted by the countries in the world then bitcoin could be the next legal tender leaving the US dollar weak and prone to economic devastation. This could be the fall of the economy of America thus they see it fit to destroy bitcoin using the quantum computers made by the CIA.
Considering the US Dollar basically has unlimited transaction capacity and backing of the American Government.
Bitcoin can not even meet it current transaction requirements and no support from a Government.

All they have to do is DDOS all of the mining pools or cut their electricity or internet, nothing more to stop Bitcoin.
Bitcoin is resistant to attack from individuals and small countries,
thinking that America or China or Russia don't have the resources to end BTC by physical means is fool hardy.

first of all there is no reason for any country to do such thing and even if they decided to do this, bitcoin is not a centralized website to DDoS and make it go offline!
the miners are spread throughout the world, and those you think are centralized in one place are actually having servers in different places that they connect to. and even if some miners are successfully put out of business, the hashrate will drop and then difficulty will drop and new miners on another side of the world will pop up with new servers and somewhere out of the reach of the attackers.
sr. member
Activity: 742
Merit: 397
Yes i think so,CIA works under the US governemnt so any institution release by the us government they are allowed and they need to get into it no matter what
copper member
Activity: 1330
Merit: 899
🖤😏
Already on to us since 2010 after they killed Satoshi Cheesy Cheesy Cheesy Cheesy I even heard they made Gavin to chop his body and put them in acid Cheesy Cheesy Cheesy.
Not only image but the founder as well.

Now overlords the owners of banks around the world are pumping Ripple and now it has $12B marketcap.
I don't know how can claim to be decentralized while all it will take the most powerful country to enter and deploy resources to take the control.
CIA & NSA can try their best to keep track of transactions after they go through bitmixer's filters, maybe the reason they hate Bitcoin so much is because of the services like mixers? lol after all what good is CIA for if unable to gather information.
Don't be surprised if you see in near future Ripple surpassing Bitcoin in marketcap.
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
Do you think there would ever be a time the CIA or some central-authority-agency would in someway sponsor activities that would hurt Bitcoin's image in the world?

What do you think?

America is in control of the worlds currency in the form of US dollars as the universal legal tender. If bitcoin will be adopted by the countries in the world then bitcoin could be the next legal tender leaving the US dollar weak and prone to economic devastation. This could be the fall of the economy of America thus they see it fit to destroy bitcoin using the quantum computers made by the CIA.

The good news is with those quantum computers available to destroy bitcoin it will take several years so I am not worried. I agree though that this latest trend of attacks in forms of ransomware could be very well designed from people working in intelligence agencies, CIA,FBI or NSA. That is an option I would not exclude. However the price of bitcoin is still firm from several days in the 1700-1800 and this is good for the health of bitcoin. These agencies do not like bitcoin but for the moment they are not doing anything massive against it.
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