If you want to move values without oversight for clandestine operations, let alone black budget business, back then, it would have been functional.
The same discussion can be had with SHA256, a NSA invention, or Onion routing (Navy) which spawned Tor and Lokinet, etc, or even the internet itself.
Even IF the CIA as an agency, spawned this medium of exchange, the very fact today is that it does not live up to its goals, but rahter, it has been totally redirected, and taken over, does not mean it is evil, or should be shunned.
Given Trumps remarks at the Bitcoin conference, it is clear BTC has a national security implication, and may very well play an important role of stabilizing the purchasing power of the USD (not FRN!)
Then there is Paul Krugman, who, in a response to Trumps plan to keep a strategic reserve of BTC, totally lambasted these plans. So the Deep State ( CIA?) is against it.
hahahha, indeed. Misattribution is quite easily done. NSA did not invent the internet, clearly and, I did not claim they did. The topic was that same discussion about the source of the technology = good or bad, use or shun, could be had.
Of course Al Gore invented the web of Climate Change ....
Bitcoin has been proven to be used by criminal enterprises worldwide to launder money. (At least players smaller than government officials and the 13 families).
Like Indian fake tech support scammers and Nigerian scammers.
But then again, Bitcoin is a tool like anything else. Can be used for good or bad.
Indeed. FRN' s are used by criminals. Guns are used by Criminals. Corporations are used by Criminals. Even worse: Criminals use pillows. O and Criminals also have sex. Criminals are also politicians ....
Bitcoin represents economic freedom from government controls so it seems illogical the controlling CIA invented Bitcoin.
Not necessarily.
If you want to move values without oversight for clandestine operations, let alone black budget business, back then, it would have been functional.
The same discussion can be had with SHA256, a NSA invention, or Onion routing (Navy) which spawned Tor and Lokinet, etc, or even the internet itself.
Even IF the CIA as an agency, spawned this medium of exchange, the very fact today is that it does not live up to its goals, but rahter, it has been totally redirected, and taken over, does not mean it is evil, or should be shunned.
Given Trumps remarks at the Bitcoin conference, it is clear BTC has a national security implication, and may very well play an important role of stabilizing the purchasing power of the USD (not FRN!)
Then there is Paul Krugman, who, in a response to Trumps plan to keep a strategic reserve of BTC, totally lambasted these plans. So the Deep State ( CIA?) is against it.
I take umbrage with you saying the NSA created the internet. We all know Al Gore created it.😂
hahahha, indeed. Misattribution is quite easily done. NSA did not invent the internet, clearly and, I did not claim they did. The topic was that same discussion about the source of the technology = good or bad, use or shun, could be had.
Of course Al Gore invented the web of Climate Change ....
😎
Bitcoin has been proven to be used by criminal enterprises worldwide to launder money. (At least players smaller than government officials and the 13 families).
Like Indian fake tech support scammers and Nigerian scammers.
But then again, Bitcoin is a tool like anything else. Can be used for good or bad.
Indeed. FRN' s are used by criminals. Guns are used by Criminals. Corporations are used by Criminals. Even worse: Criminals use pillows. O and Criminals also have sex. Criminals are also politicians ....