That's a fallacious leap of logic. You need concrete proof to show that Bitcoin was actually created by intelligence agencies.
And suggesting you use kyc to find someone's private wallet is the equivalent of assuming someone still is in possession of gold because of a bank transaction. There's always plausible deniability. ie. "I lost my gold in a boating accident". Unless you physically go to someone's home to confiscate their Bitcoin keys (like you would gold), you won't ever know with 100% certainty whether they own that Bitcoin.
The FBI, with significant assistance from Sony and Citibank, continued to investigate in cooperation with Japan’s National Police Agency, the Tokyo Metropolitan Police Department, Tokyo District Public Prosecutors Office, and JPEC (Japan Prosecutors unit on Emerging Crimes). As a result of this coordinated effort, investigators obtained the “private key” – the rough equivalent of a password – needed to access the Bitcoin address. All the Bitcoins traceable to the theft have been recovered and fully preserved. Ishii has been criminally charged in Japan.
Expand your horizons fren. The info I gave you is just the tip of the iceberg. Once you realise there is more to dig, and you actually start digging, you can find so much more.
They would if you are purchasing it online or with a card of some sort. Purchasing it in person with cash is essentially the best way to exchange bitcoin for total privacy too.
Yeah the changes they instituted during the fork of BTC was how the swamp took over. But the problems go way beyond just that.
Here is my biggest gripe. There is no single commodity that has been consistently bought and sold for pure BTC without any middle men or currency conversion in the mix.
If enough people really believed in BTC, this would have happened - either gold / silver or real estate or anything else. If enough people truly believed that BTC holds value and USD is the one getting devalued, and put their BTC where their mouth is, and used BTC as the true means of exchange of goods, guess what would have happened?
The USD (FERN) would have collapsed by now.
If BTC only works in a free world but not in a corrupted world, how would it stop future corruption ?
Wait until you see what Nockchain is going to build for medical research and decentralized peer network, zero knowledge data validations in El Salvador.
Its a distributed ledger. As long as someone solves accurately, cheaply and efficiently the problem of double spend in a distributed ledger, without compromising the distributed nature or the security and anonymity, it would be a HUGE deal.
If not a distributed ledger, the only other option is (as far as my brain can think), an offworld Ledger where the entries are stored and protected from tampering by an benign off world entity
A gold backed digital currency would be awesome for exchange purposes. I too am an old man (well middle aged anyways) and lean toward physical over digital but I see the merrits of both.
16lbs of gold is a lot to carry on hand sure but not much in regards to the ability to possess securely.
My problem for digital currency being "the fiture" is just that if you base your wealth on something you can only see on a computer screen is what happens if the lights go out? What happens if something is hacked? What happens if someone else doesn't want your digital monies for purchase or trade? The two working together would be a great failsafe.
I used to think the same thing but the Bitcoin network is incredibly secure. It's decentralized as well so even if all electricity goes down in the US your Bitcoin is still secured on the Blockchain. They would literally have to EMP the entire world to take down Bitcoin and even then I know some bitcoin miners would still run since they're underground and shielded, many miners are actually using old coal mines to run their equipment in since it stays so cold down there.
if you base your wealth on something you can only see on a computer screen is what happens if the lights go out?
Are you talking about BTC, or the supposed money in your bank account, which is nothing more than data on their server, that you can only see on a computer screen?
You theories of a death of Bitcoin, you can say the exact same with our funny money of today and even precious metals. System down- how do you get your 1's & 0's on a screen into your hand. Hacked- what about someone robbing your physicals. Someone does not want your digital- you gotta have trust that your physicals are real or weigh correctly. Bitcoin is trustless & fungible 1 Bitcoin is 1 bitcoin
A kilo bar is about the size of an iPhone; so a little over 6 iPhones.
I’m not a Bitcoin believer, but I hope it goes to a million bucks for you.
I’d take the metal though (if it was an option).
Quick, convert it to gold and silver before BTC crashes!
(And before IRS tracks the address and comes for tax)
No worries the $ 2 Million he received in precious metal will remain for his PRIVATE PERSONAL use.
If the identity can be so easily verified through Bitcoin, then go ahead, tell us who sent him the money.
Edit: No-coiners here still can't identify who sent it.
Also, tell us who's Satoshi Nakamoto while you're at it.
https://en.bitcoin.it/wiki/Privacy
Well, it's not as secure as people who romanticize it try to portray it as.
At the end of the day, it is still internet traffic at a base (albeit reductionist) level.
You login to a coin exchange on an ip... Do you really think it is anonymous?
Why would anyone hold their coins on an exchange instead of a cold wallet?
Man you are dumb
I can't answer your first question, but you won't be surprised there's evidence that Q created bitcoin.
KYC. You will subpoena to the exchanges used to fund the accounts.
If you dont use an exchange and never did KYC and still regularly use Bitcoin, you are master and I bow to you.
Satoshi Nakamoto in Japanese:
智 (Satoshi) 中 (Naka) 本 (Moto)
智 - wisdom, intellect, reason
中 - in, inside, middle, mean, center
本 - book, present, main, origin, true, real
Put together, Satoshi Nakamoto = Intellect, Center, Main = Central Intelligence Agency.
Bitcoin uses hashcash proof of work which uses:
SHA256 was designed by NSA.
NSA released SHA-2 one year after Dot-com crash in 2001.
So, Bitcoin is a collaboration between CIA and NSA.
That's a fallacious leap of logic. You need concrete proof to show that Bitcoin was actually created by intelligence agencies.
And suggesting you use kyc to find someone's private wallet is the equivalent of assuming someone still is in possession of gold because of a bank transaction. There's always plausible deniability. ie. "I lost my gold in a boating accident". Unless you physically go to someone's home to confiscate their Bitcoin keys (like you would gold), you won't ever know with 100% certainty whether they own that Bitcoin.
You think that poses any challenge to the Cabal soldiers? There are many cases. Here is one:
FBI Tracks Money to Bitcoin
Expand your horizons fren. The info I gave you is just the tip of the iceberg. Once you realise there is more to dig, and you actually start digging, you can find so much more.
And how exactly would my bank know that I have purchased gold and silver?
Oh that’s right, they wouldn’t.
You don’t defend crypto by attacking other things - that’s a logical phallusy.
They would if you are purchasing it online or with a card of some sort. Purchasing it in person with cash is essentially the best way to exchange bitcoin for total privacy too.
phallusy (countable and uncountable, plural phallusies) An erection-related myth.
did you mean "logical fallacy"?
;)
My local silver dealer only takes cash,and gives out cash if you sell.
Same. No trail at all. 🫡
You're talking about close to 16 lbs of gold if my math is correct. Bitcoin is the future, old man
Blockchain technology is the future, agreed. But not Bitcoin. Too many problems for it to become the "future"
BTC is a swamp/mossad takeover now.
Bitcoin Cash did their due diligence to avoid the takeover.
Bitcoin Cash is the technical real Bitcoin.
The whitepaper has the reasoning why.
Yeah the changes they instituted during the fork of BTC was how the swamp took over. But the problems go way beyond just that.
Here is my biggest gripe. There is no single commodity that has been consistently bought and sold for pure BTC without any middle men or currency conversion in the mix.
If enough people really believed in BTC, this would have happened - either gold / silver or real estate or anything else. If enough people truly believed that BTC holds value and USD is the one getting devalued, and put their BTC where their mouth is, and used BTC as the true means of exchange of goods, guess what would have happened?
The USD (FERN) would have collapsed by now.
If BTC only works in a free world but not in a corrupted world, how would it stop future corruption ?
Oh god lol you are a Craig Wright believer aren’t you?
Monero and Dero
Monero is almost exactly like Bitcoin, except for extra encryption / hashing to make transactions anonymous.
Not sure Blockchain is that big of a deal either. Just a ledger that's, I guess, very difficult to make edits to past entries.
Wait until you see what Nockchain is going to build for medical research and decentralized peer network, zero knowledge data validations in El Salvador.
Its a distributed ledger. As long as someone solves accurately, cheaply and efficiently the problem of double spend in a distributed ledger, without compromising the distributed nature or the security and anonymity, it would be a HUGE deal.
If not a distributed ledger, the only other option is (as far as my brain can think), an offworld Ledger where the entries are stored and protected from tampering by an benign off world entity
100% spot on… block chain yea, btc neah…. Problem is to many retards think they are the same (mainly the btc crowd)
A gold backed digital currency would be awesome for exchange purposes. I too am an old man (well middle aged anyways) and lean toward physical over digital but I see the merrits of both.
16lbs of gold is a lot to carry on hand sure but not much in regards to the ability to possess securely.
My problem for digital currency being "the fiture" is just that if you base your wealth on something you can only see on a computer screen is what happens if the lights go out? What happens if something is hacked? What happens if someone else doesn't want your digital monies for purchase or trade? The two working together would be a great failsafe.
I used to think the same thing but the Bitcoin network is incredibly secure. It's decentralized as well so even if all electricity goes down in the US your Bitcoin is still secured on the Blockchain. They would literally have to EMP the entire world to take down Bitcoin and even then I know some bitcoin miners would still run since they're underground and shielded, many miners are actually using old coal mines to run their equipment in since it stays so cold down there.
Are you talking about BTC, or the supposed money in your bank account, which is nothing more than data on their server, that you can only see on a computer screen?
Exactly, that's why I prefer tangible assets and value over a number on a screen. I hold no debts and have as little in the bank as possible.
Right. So I go to the bank to withdraw cash to spend in person. Not every place I shop accepts Bitcoin.
You theories of a death of Bitcoin, you can say the exact same with our funny money of today and even precious metals. System down- how do you get your 1's & 0's on a screen into your hand. Hacked- what about someone robbing your physicals. Someone does not want your digital- you gotta have trust that your physicals are real or weigh correctly. Bitcoin is trustless & fungible 1 Bitcoin is 1 bitcoin
Silver is the real future
A kilo bar is about the size of an iPhone; so a little over 6 iPhones. I’m not a Bitcoin believer, but I hope it goes to a million bucks for you. I’d take the metal though (if it was an option).
Metal is about maintaining your wealth, that you earned.
Not a Speculation, on a easily transferable / trackable currency , in the hope of striking it big.
Gold State depositories are also the future
Gold and precious metal backed crypto stablecoins are the future too
There is a multicurrency universe ahead of us, if you can keep it
https://texasbulliondepository.gov/