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Bitcoin Was Created By DARPA

 
Anonymous Coward
User ID: 24125807
Canada
11/22/2013 01:40 PM
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Bitcoin Was Created By DARPA
There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

[link to groups.csail.mit.edu]

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
[link to www.nacha.org (secure)] [link to www.slideshare.net]

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

[link to bitcointalk.org (secure)]

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
Father of Cryptocurrency
User ID: 41993714
Belgium
11/22/2013 04:58 PM
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Re: Bitcoin Was Created By DARPA
There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

[link to groups.csail.mit.edu]

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
[link to www.nacha.org (secure)] [link to www.slideshare.net]

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

[link to bitcointalk.org (secure)]

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
 Quoting: DisaffectedOne


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

Well I am pretty real.

And You are wrong.
Cryptocurrency was created by me and it was altruism.

But if other people want to abuse it, well...
Do not blame me.

When bitcoin would be abused, I set up immediatly
a fork, and I have perfectly in mind what I would change.

have a good day.
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Version: GnuPG v1.4.12 (GNU/Linux)

iF4EAREIAAYFAlKP014ACgkQBJTGcyJSyfktUwD+LCB81bnOqtUf0/VJW3gjY​0Tv
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=KbxF
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Anonymous Coward
User ID: 50414759
United States
11/22/2013 05:23 PM
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Re: Bitcoin Was Created By DARPA
I have been saying this, but people don't want to listen. Then you have shills like the "father of cryptocurrency" above spreading disinfo.
Anonymous Coward
User ID: 49709313
United Kingdom
11/22/2013 05:28 PM
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Re: Bitcoin Was Created By DARPA
finally, this is another manipulation.

Idol1
PheonixTears

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Canada
11/22/2013 05:31 PM
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Re: Bitcoin Was Created By DARPA
bump
Anonymous Coward
User ID: 50067048
Poland
11/22/2013 06:54 PM
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Re: Bitcoin Was Created By DARPA
Thread: Someone in Germany just bought 194000 bitcoins right now:)
Anonymous Coward
User ID: 49996267
Australia
11/22/2013 06:56 PM
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Re: Bitcoin Was Created By DARPA
Bitcoin is just another 'get rich quick' scheme. You want money, it's simple, get off your ass and get to work.

billclinton1
Anonymous Coward
User ID: 47656070
Canada
11/22/2013 06:59 PM
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Re: Bitcoin Was Created By DARPA
There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

[link to groups.csail.mit.edu]

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
[link to www.nacha.org (secure)] [link to www.slideshare.net]

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

[link to bitcointalk.org (secure)]

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
 Quoting: DisaffectedOne


But what they did not factor in is that competing cryptocurrencies are sprouting up. Litecoin seems like the heir apparent. The Jeanie is out of the lamp.
Anonymous Coward
User ID: 47656070
Canada
11/22/2013 07:00 PM
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Re: Bitcoin Was Created By DARPA
Bitcoin is just another 'get rich quick' scheme. You want money, it's simple, get off your ass and get to work.

billclinton1
 Quoting: Anonymous Coward 49996267


Mining is hard work you stupid peckerhead.
Anonymous Coward
User ID: 49996267
Australia
11/22/2013 07:02 PM
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Re: Bitcoin Was Created By DARPA
Bitcoin is just another 'get rich quick' scheme. You want money, it's simple, get off your ass and get to work.

billclinton1
 Quoting: Anonymous Coward 49996267


Mining is hard work you stupid peckerhead.
 Quoting: Bear Drinker


Erm, no. Computers perform the mining, not you. You sit there and smoke pot.

Get a job, slob.

pigchef
Anonymous Coward
User ID: 49796251
United Kingdom
11/22/2013 07:02 PM
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Re: Bitcoin Was Created By DARPA
Least i know who to send the thankyou card too when it makes a millionaire.
Philligan

User ID: 2530194
United States
11/22/2013 07:11 PM
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Re: Bitcoin Was Created By DARPA
im a big fan of BTC and have been buying for a bit.

I think right now more businesses need to accept it for it to really thrive.

Just today Richard Branson came on CNBC and said he is investing
teenage angst has paid off well

now im bored and old
Anonymous Coward
User ID: 11586107
Philippines
11/22/2013 07:17 PM
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Re: Bitcoin Was Created By DARPA
finally, this is another manipulation.

Idol1
 Quoting: Anonymous Coward 49709313


But we knew this even without knowing the details, dint we?
Anonymous Coward
User ID: 49091995
Canada
11/22/2013 07:25 PM
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Re: Bitcoin Was Created By DARPA
we all know how this will end..badly..like every single monetary instrument since the beginning of time...crashes and burns. Yes people will make money but 99 percent will NOTredface
Anonymous Coward
User ID: 15435149
Canada
11/22/2013 07:41 PM
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Re: Bitcoin Was Created By DARPA
This thread was created by someone who didn't invest in bitcoin and perhaps can't afford to invest now that it is skyrocketing.... but you haven't missed the boat yet OP...

Before you condemn it too strongly wait a little longer... or you might end up with egg on your face.

[link to fiatleak.com]
Anonymous Coward
User ID: 15435149
Canada
11/22/2013 07:45 PM
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Re: Bitcoin Was Created By DARPA
im a big fan of BTC and have been buying for a bit.

I think right now more businesses need to accept it for it to really thrive.

Just today Richard Branson came on CNBC and said he is investing
 Quoting: Philligan


You are wise and Branson is just the beginning... wait and see. It should end up in the $3,000 plus area in the near future.....

Anonymous Coward
User ID: 39208031
Australia
11/22/2013 07:47 PM
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Re: Bitcoin Was Created By DARPA
What is the value behind it?
Nothing, just like regular currency.
Anonymous Coward
User ID: 49536738
United States
11/22/2013 07:50 PM
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Re: Bitcoin Was Created By DARPA
What is the value behind it?
Nothing, just like regular currency.
 Quoting: Anonymous Coward 39208031


Computational limitation
EscapeVelocity

User ID: 27159877
United States
11/22/2013 08:00 PM
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Re: Bitcoin Was Created By DARPA
There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

[link to groups.csail.mit.edu]

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
[link to www.nacha.org (secure)] [link to www.slideshare.net]

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

[link to bitcointalk.org (secure)]

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
 Quoting: DisaffectedOne


so what? the seed of the idea, and that it can work is now out in the wild.. even if BTC is a total compromised hack.. enough people have had a taste and the idea will never die.

Take out BTC and 5 more will replace it. Take out the btc system methodology and 3 new system designs will appear. People know this is possible and can work now.. Its too late. That camel is now about to take over the entire tent.. may take 20 years, it may take 20 days.. but its a done deal. Thanks BTC author!
"I know that the molecules in my body are traceable to phenomena in the cosmos. That makes me want to grab people on the street and say: 'Have you HEARD THIS?" -Neil deGrasse Tyson

:fly_sail:

If you hate my avatar.. you are going to love this.. [link to youtu.be]


In Death members of Project Mayhem Have a name. His name is James M. Boyd.
EscapeVelocity

User ID: 27159877
United States
11/22/2013 08:03 PM
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Re: Bitcoin Was Created By DARPA
There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

[link to groups.csail.mit.edu]

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
[link to www.nacha.org (secure)] [link to www.slideshare.net]

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

[link to bitcointalk.org (secure)]

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
 Quoting: DisaffectedOne


so what? the seed of the idea, and that it can work is now out in the wild.. even if BTC is a total compromised hack.. enough people have had a taste and the idea will never die.

Take out BTC and 5 more will replace it. Take out the btc system methodology and 3 new system designs will appear. People know this is possible and can work now.. Its too late. That camel is now about to take over the entire tent.. may take 20 years, it may take 20 days.. but its a done deal. Thanks BTC author!
 Quoting: EscapeVelocity


Sorry, my point is that why not invest if you are so inclined.. crypto currency is here to stay, usa or not.
"I know that the molecules in my body are traceable to phenomena in the cosmos. That makes me want to grab people on the street and say: 'Have you HEARD THIS?" -Neil deGrasse Tyson

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If you hate my avatar.. you are going to love this.. [link to youtu.be]


In Death members of Project Mayhem Have a name. His name is James M. Boyd.
TheyWalkAmongUs.

User ID: 46528205
United States
11/22/2013 08:15 PM
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Re: Bitcoin Was Created By DARPA
GLP was created by DARPA
 Quoting: Anonymous Coward 36926662




hesright
 Quoting: Anonymous Coward 35435431


There are certain things you can't post on here

uhoh
Philligan

User ID: 2530194
United States
11/22/2013 08:34 PM
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Re: Bitcoin Was Created By DARPA
If anyone thinks mining bitcoin is easy here go ahead and give it a shot:


I figured I'd calculate how long it would take to mine bitcoin using a pen and paper for fun.


It takes 3385 integer operations to calculate one double SHA-256 hash.


These are 32-bit operations, so we'll give a very generous estimate of 10 seconds per operation (we're assuming that you're a numeric genius)


This works out to a rate of .0000295 hashes per second. Not bad, right?

Throwing the current difficulty (609482679.88835) into this calculator gives us an average time of 2,809,786,333,451,380 years to mine one block. Have no fear, this is only 200000 times the age of the universe.

Now, at current rates of 25 BTC/block, and $800/BTC, this gives us an hourly profit of $0.000000000000000609/hr (assuming we're contributing to a pool, since competing with ASIC machines is just unfair), or about 1/300 of a quadrillionth the national (US) average.
What would it cost you to perform this?

One three ounce bottle of Noodler's ink is $12.50, and will write for approximately 33 km. Let's say that you're working in binary, and drawing a 1 and a 0 uses 1cm of ink, and you need to write 2 32 bit numbers per addition operation.

That's 2166.4 meters of ink per hash. You can do about 50 operations on each side of a piece of paper. Paper runs for about a cent a page on Amazon, so that's about 34 cents per hash.

At the (approximate) 2,728,647,008,755,700,000 hashes you need to mine one block, adding these two costs together gives you a whopping $3,162,791,285,103,330,000.00 per block, or, if you're keeping track, you earn 0.000000000000474% of the money you spent mining that block (excluding the cost of petayears worth of food and shelter, and assuming the difficulty of mining and the value of bitcoin freezes forver at this moment).

Anyone want to get started with me?

Last Edited by Philligan on 11/22/2013 08:38 PM
teenage angst has paid off well

now im bored and old
Anonymous Coward (OP)
User ID: 24125807
Canada
11/23/2013 05:59 PM
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Re: Bitcoin Was Created By DARPA
bump
Anonymous Coward
User ID: 49327851
United States
11/23/2013 06:20 PM
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Re: Bitcoin Was Created By DARPA
Bitcoin is just another 'get rich quick' scheme. You want money, it's simple, get off your ass and get to work.

billclinton1
 Quoting: Anonymous Coward 49996267


A job? working for 5-14$ hour? pay taxes for the politicians? taxes for banksters? taxes for the vatican? no thanks.
GFX guy

User ID: 9776422
United States
11/23/2013 06:31 PM
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Re: Bitcoin Was Created By DARPA
If anyone thinks mining bitcoin is easy here go ahead and give it a shot:


I figured I'd calculate how long it would take to mine bitcoin using a pen and paper for fun.


It takes 3385 integer operations to calculate one double SHA-256 hash.


These are 32-bit operations, so we'll give a very generous estimate of 10 seconds per operation (we're assuming that you're a numeric genius)


This works out to a rate of .0000295 hashes per second. Not bad, right?

Throwing the current difficulty (609482679.88835) into this calculator gives us an average time of 2,809,786,333,451,380 years to mine one block. Have no fear, this is only 200000 times the age of the universe.

Now, at current rates of 25 BTC/block, and $800/BTC, this gives us an hourly profit of $0.000000000000000609/hr (assuming we're contributing to a pool, since competing with ASIC machines is just unfair), or about 1/300 of a quadrillionth the national (US) average.
What would it cost you to perform this?

One three ounce bottle of Noodler's ink is $12.50, and will write for approximately 33 km. Let's say that you're working in binary, and drawing a 1 and a 0 uses 1cm of ink, and you need to write 2 32 bit numbers per addition operation.

That's 2166.4 meters of ink per hash. You can do about 50 operations on each side of a piece of paper. Paper runs for about a cent a page on Amazon, so that's about 34 cents per hash.

At the (approximate) 2,728,647,008,755,700,000 hashes you need to mine one block, adding these two costs together gives you a whopping $3,162,791,285,103,330,000.00 per block, or, if you're keeping track, you earn 0.000000000000474% of the money you spent mining that block (excluding the cost of petayears worth of food and shelter, and assuming the difficulty of mining and the value of bitcoin freezes forver at this moment).

Anyone want to get started with me?
 Quoting: Philligan


I can give you a real world example...

--I have a 6.5G/h ASIC miner.
--It mines about 0.0051 BTC per day
--Power consumption is 30 watts

The cost of the unit was $274 + shipping for a total of $308

I had no intention of it making any meaningful profit. It was a good way to learn more. I bought it with profit anyway so no harm. Also it helps support a decentralized money exchange system.
Anonymous Coward
User ID: 47656070
Canada
11/30/2013 01:54 PM
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Re: Bitcoin Was Created By DARPA
we all know how this will end..badly..like every single monetary instrument since the beginning of time...crashes and burns. Yes people will make money but 99 percent will NOTredface
 Quoting: Anonymous Coward 49091995


BUT Cryptos have a finite supply unlike fiat which just prints to infinity until it crashes and burns under its own debt.
Anonymous Coward
User ID: 47638590
Canada
11/30/2013 01:56 PM
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Re: Bitcoin Was Created By DARPA
we all know how this will end..badly..like every single monetary instrument since the beginning of time...crashes and burns. Yes people will make money but 99 percent will NOTredface
 Quoting: Anonymous Coward 49091995


BUT Cryptos have a finite supply unlike fiat which just prints to infinity until it crashes and burns under its own debt.
 Quoting: Bear Drinker


unless you start creating countless other crypto currencies..
Anonymous Coward
User ID: 44367032
United States
11/30/2013 02:06 PM
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Re: Bitcoin Was Created By DARPA
If anyone thinks mining bitcoin is easy here go ahead and give it a shot:


I figured I'd calculate how long it would take to mine bitcoin using a pen and paper for fun.


It takes 3385 integer operations to calculate one double SHA-256 hash.


These are 32-bit operations, so we'll give a very generous estimate of 10 seconds per operation (we're assuming that you're a numeric genius)


This works out to a rate of .0000295 hashes per second. Not bad, right?

Throwing the current difficulty (609482679.88835) into this calculator gives us an average time of 2,809,786,333,451,380 years to mine one block. Have no fear, this is only 200000 times the age of the universe.

Now, at current rates of 25 BTC/block, and $800/BTC, this gives us an hourly profit of $0.000000000000000609/hr (assuming we're contributing to a pool, since competing with ASIC machines is just unfair), or about 1/300 of a quadrillionth the national (US) average.
What would it cost you to perform this?

One three ounce bottle of Noodler's ink is $12.50, and will write for approximately 33 km. Let's say that you're working in binary, and drawing a 1 and a 0 uses 1cm of ink, and you need to write 2 32 bit numbers per addition operation.

That's 2166.4 meters of ink per hash. You can do about 50 operations on each side of a piece of paper. Paper runs for about a cent a page on Amazon, so that's about 34 cents per hash.

At the (approximate) 2,728,647,008,755,700,000 hashes you need to mine one block, adding these two costs together gives you a whopping $3,162,791,285,103,330,000.00 per block, or, if you're keeping track, you earn 0.000000000000474% of the money you spent mining that block (excluding the cost of petayears worth of food and shelter, and assuming the difficulty of mining and the value of bitcoin freezes forver at this moment).

Anyone want to get started with me?
 Quoting: Philligan


I can give you a real world example...

--I have a 6.5G/h ASIC miner.
--It mines about 0.0051 BTC per day
--Power consumption is 30 watts

The cost of the unit was $274 + shipping for a total of $308

I had no intention of it making any meaningful profit. It was a good way to learn more. I bought it with profit anyway so no harm. Also it helps support a decentralized money exchange system.
 Quoting: GFX guy



i have a question. Given how costly it is to mine bitcoin does this not mean that those that do the mining will hold a monopoly so to speak. How does it work.

i am a newbie but would like to get my feet wet. How do i go about buying bitcoin, and i knkw it can go down in price, but what other risks should i be aware of. Would you buy litecoin or stick with bitcoin.

Thank you
Anonymous Coward
User ID: 47656070
Canada
11/30/2013 02:09 PM
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Re: Bitcoin Was Created By DARPA
If anyone thinks mining bitcoin is easy here go ahead and give it a shot:


I figured I'd calculate how long it would take to mine bitcoin using a pen and paper for fun.


It takes 3385 integer operations to calculate one double SHA-256 hash.


These are 32-bit operations, so we'll give a very generous estimate of 10 seconds per operation (we're assuming that you're a numeric genius)


This works out to a rate of .0000295 hashes per second. Not bad, right?

Throwing the current difficulty (609482679.88835) into this calculator gives us an average time of 2,809,786,333,451,380 years to mine one block. Have no fear, this is only 200000 times the age of the universe.

Now, at current rates of 25 BTC/block, and $800/BTC, this gives us an hourly profit of $0.000000000000000609/hr (assuming we're contributing to a pool, since competing with ASIC machines is just unfair), or about 1/300 of a quadrillionth the national (US) average.
What would it cost you to perform this?

One three ounce bottle of Noodler's ink is $12.50, and will write for approximately 33 km. Let's say that you're working in binary, and drawing a 1 and a 0 uses 1cm of ink, and you need to write 2 32 bit numbers per addition operation.

That's 2166.4 meters of ink per hash. You can do about 50 operations on each side of a piece of paper. Paper runs for about a cent a page on Amazon, so that's about 34 cents per hash.

At the (approximate) 2,728,647,008,755,700,000 hashes you need to mine one block, adding these two costs together gives you a whopping $3,162,791,285,103,330,000.00 per block, or, if you're keeping track, you earn 0.000000000000474% of the money you spent mining that block (excluding the cost of petayears worth of food and shelter, and assuming the difficulty of mining and the value of bitcoin freezes forver at this moment).

Anyone want to get started with me?
 Quoting: Philligan


Mine Litecoin and Infinitecoin Both are now trading on Cryptsy. Fucking price of IFC has bee rising since the bullshit for rumor was put to bed. eBay sellers are now selling and getting 1 million IFC for $450.

Banks are slowly being removed the equation. They are being stupid just like the music and movie industry has been. They need to accept it and move forward.

Banks could easily offer Crypto Accounts where clients could for exchanges. The banks would get their fees and governments could get their taxes.

The establishment needs to wake the fuck up to the people.
Anonymous Coward
User ID: 47276267
United States
11/30/2013 02:12 PM
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Re: Bitcoin Was Created By DARPA
They can easy increase the amount of bitcoins available, and you wouldn't even know it. Just like how they print up money.
Anonymous Coward
User ID: 47656070
Canada
11/30/2013 02:14 PM
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Re: Bitcoin Was Created By DARPA
If anyone thinks mining bitcoin is easy here go ahead and give it a shot:


I figured I'd calculate how long it would take to mine bitcoin using a pen and paper for fun.


It takes 3385 integer operations to calculate one double SHA-256 hash.


These are 32-bit operations, so we'll give a very generous estimate of 10 seconds per operation (we're assuming that you're a numeric genius)


This works out to a rate of .0000295 hashes per second. Not bad, right?

Throwing the current difficulty (609482679.88835) into this calculator gives us an average time of 2,809,786,333,451,380 years to mine one block. Have no fear, this is only 200000 times the age of the universe.

Now, at current rates of 25 BTC/block, and $800/BTC, this gives us an hourly profit of $0.000000000000000609/hr (assuming we're contributing to a pool, since competing with ASIC machines is just unfair), or about 1/300 of a quadrillionth the national (US) average.
What would it cost you to perform this?

One three ounce bottle of Noodler's ink is $12.50, and will write for approximately 33 km. Let's say that you're working in binary, and drawing a 1 and a 0 uses 1cm of ink, and you need to write 2 32 bit numbers per addition operation.

That's 2166.4 meters of ink per hash. You can do about 50 operations on each side of a piece of paper. Paper runs for about a cent a page on Amazon, so that's about 34 cents per hash.

At the (approximate) 2,728,647,008,755,700,000 hashes you need to mine one block, adding these two costs together gives you a whopping $3,162,791,285,103,330,000.00 per block, or, if you're keeping track, you earn 0.000000000000474% of the money you spent mining that block (excluding the cost of petayears worth of food and shelter, and assuming the difficulty of mining and the value of bitcoin freezes forver at this moment).

Anyone want to get started with me?
 Quoting: Philligan


I can give you a real world example...

--I have a 6.5G/h ASIC miner.
--It mines about 0.0051 BTC per day
--Power consumption is 30 watts

The cost of the unit was $274 + shipping for a total of $308

I had no intention of it making any meaningful profit. It was a good way to learn more. I bought it with profit anyway so no harm. Also it helps support a decentralized money exchange system.
 Quoting: GFX guy



i have a question. Given how costly it is to mine bitcoin does this not mean that those that do the mining will hold a monopoly so to speak. How does it work.

i am a newbie but would like to get my feet wet. How do i go about buying bitcoin, and i knkw it can go down in price, but what other risks should i be aware of. Would you buy litecoin or stick with bitcoin.

Thank you
 Quoting: Anonymous Coward 44367032


Look at the prices of Bitcoin rigs over at [link to butterflylabs.com.] To mine BTC is now an expensive proposition.

You can still use GPUs to mine Infinitecoin.





GLP