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Reason: None provided.

Who indeed.

If you were right, a take over of the Bitcoin wouldn't have been necessary in 2016-7. Those of us around (and before) watched as globalists invaded the space using Blockstream to re-engineer the development staff (and therefore its modus operandi into the future), their only real avenue of compromising Bitcoin in a way that allowed some actual control. There's no point to all that if they were already pulling the strings from the start and somehow laying in wait as you suggest.

The problem is that their re-engineering didn't work as they expected. Bitcoin + Lightning is technologically a giant hunk of shit that benefits almost entirely from first mover positioning and history of unparalleled asset appreciation that's left speculators rightly moon-eyed. But it's outmoded in a technological sense and won't last as asset kingpin forever. Which is to say that the current significance of Bitcoin has a setting horizon that keeps it relevant only in the short-term. (I'm talking the next 10 years, maybe.)

I mean, sure, the US can issue its own crypto as a "national currency," but they're going to be able to stop people from using and trading in other crypto about as well as they've stopped piracy. Especially with the current DeFi revolution and the massive movement towards information security and veiled privacy for individuals going on. Good luck!

3 years ago
1 score
Reason: Original

Who indeed.

If you were right, a take over of the Bitcoin wouldn't have been necessary in 2016-7. Those of us around (and before) watched as globalists invaded the space using Blockstream to re-engineer the development staff (and therefore its modus operandi into the future), their only real avenue of compromising Bitcoin in a way that allowed some actual control. There's no point to all that if they were already pulling the streams from the start and somehow laying in wait as you suggest.

The problem is that their re-engineering didn't work as they expected. Bitcoin + Lightning is technologically a giant hunk of shit that benefits almost entirely from first mover positioning and history of unparalleled asset appreciation that's left speculators rightly moon-eyed. But it's outmoded in a technological sense and won't last as asset kingpin forever. Which is to say that the current significance of Bitcoin has a setting horizon that keeps it relevant only in the short-term. (I'm talking the next 10 years, maybe.)

I mean, sure, the US can issue its own crypto as a "national currency," but they're going to be able to stop people from using and trading in other crypto about as well as they've stopped piracy. Especially with the current DeFi revolution and the massive movement towards information security and veiled privacy for individuals going on. Good luck!

3 years ago
1 score