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Bitcoin Was Created By DARPA

 
Anonymous Coward
User ID: 76030023
United States
12/24/2017 01:01 PM
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Re: Bitcoin Was Created By DARPA
Wow.
Anonymous Coward
User ID: 71909450
Netherlands
12/24/2017 01:14 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
 Quoting: Anonymous Coward 49996267


Tell that to the queen
Anonymous Coward
User ID: 69496699
Sweden
12/24/2017 01:26 PM
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Re: Bitcoin Was Created By DARPA
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


Liar . LIAR, L I A R !

There's NOTHING left for the beginners!

Don't believe BASTARDS like this ^ one...

Today one of the most advanced miners out there is
the Antminer S9 ( $6300 on ebay !!!) and it has a
mining rate of 14 TH/s (not 1.8 TH/s like his..)
and its estimated earnings in BTC/day is just 0.0038 BTC

[link to 99bitcoins.com (secure)]

GLP is is full of snakes
 Quoting: Anonymous Coward 69496699

Correction: his 6.5G/h ASIC miner (remember, 1h=3600s)
is just a tiny 0.0000018 TH/s (when compared with AntminerS9's 14 TH/s)

But if he made a typo and he actually meant 6.5TH/s
then that speed is still x2000 times slower and less
profitable than AntminerS9 (which now can generate
only $11/day of profit)
So his shitty "making money machine" will bring him
$11 in 2000 days (six years)
Anonymous Coward
User ID: 69496699
Sweden
12/24/2017 01:27 PM
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Re: Bitcoin Was Created By DARPA
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


Liar . LIAR, L I A R !

There's NOTHING left for the beginners!

Don't believe BASTARDS like this ^ one...

Today one of the most advanced miners out there is
the Antminer S9 ( $6300 on ebay !!!) and it has a
mining rate of 14 TH/s (not 1.8 TH/s like his..)
and its estimated earnings in BTC/day is just 0.0038 BTC

[link to 99bitcoins.com (secure)]

GLP is is full of snakes
 Quoting: Anonymous Coward 69496699

Correction: his 6.5G/h ASIC miner (remember, 1h=3600s)
is just a tiny 0.0000018 TH/s (when compared with AntminerS9's 14 TH/s)

But if he made a typo and he actually meant *6.5GH/s*
then that speed is still x2000 times slower and less
profitable than AntminerS9 (which now can generate
only $11/day of profit)
So his shitty "making money machine" will bring him
$11 in 2000 days (six years)
Useless Cookie Eater

User ID: 75820273
United States
12/24/2017 01:30 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


...and a lot of people got rich from it.
Apparently you weren't one of them.

You snooze you lose.

epiclol
Anonymous Coward
User ID: 76024772
United Kingdom
12/24/2017 01:35 PM
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Re: Bitcoin Was Created By DARPA
Mining? What the fuck is that all about with bitcoin?
Anonymous Coward
User ID: 74873148
United States
12/24/2017 02:53 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
 Quoting: Anonymous Coward 49996267


Why do you put a pic of someone who never worked hard in their life?
Anonymous Coward
User ID: 74779246
Canada
12/24/2017 03:15 PM
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Re: Bitcoin Was Created By DARPA
Mining for cryptocoins is analogous to mining for gold.

Little guys are mining with spades and shovels while the big guys are mining with excavating equipment. This is known as your "hashrate". We are all digging in the same spots looking for the same coins and the big guys simply have a greater chance of finding coins before we do.

When coins are found you solved a "block" and are rewarded with the coins you find. The more coins we find the less there are to find, so we have to dig deeper and longer to keep finding coins. This is known as the "difficulty" of the block, which increases with time.

In order for us little guys to stand a chance we band together in whats called "pools" and all dig together with our little shovels. If one of us finds coins (i.e. solves a "block") then we share the reward equally depending on how hard each individual shoveled (i.e "hashed") during that time.

The better your computer is the higher your "hashrate" is. Link multiple computers together and your hash-rate couples together. Link 100's of computers together and you now have a mining farm.

All of the crypto-currencies are like a precious metal. Think of bitcoin as gold, ethereum could be silver, Dash coin copper, etc. Depending on which one you dedicate your resources to determines which one you end up mining and obtaining in the end.

If I try to mine for gold but there is not much gold left to mine than the chances of finding any are SLIM with a shovel. Same with silver, even copper. But there are MANY metals and minerals that can be mined and all have variable prices and amounts available. Who knew back in the 60's gold's value would multiply 60x in less then 50 years?

Most cryptocurrencies are no different than national currencies other than the fact that there is a (typically) finite amount of currency to be generated. No more can be "printed" or generated after the limit has been reached. It is inflation proof and the value must go UP if it is mass adopted. Anybody, anywhere and anytime can generate a new cryptocurrency that MAY be mass adopted worldwide.
Anonymous Coward
User ID: 75484908
France
12/24/2017 03:59 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.
 Quoting: Anonymous Coward 50414759


I think OP is almost right.

All of it except the part where bitoin is the final currency.

I think bitcoin has been a way to troubleshoot and primarily develop and fund (for free) the infrastructure ( like the millions of rigs and fast chips) and laws and services needed to run the REAL official Crypto.

There will be currency/currencies and it or they will be like OP described, but i do not think they will have anything to do with bitcoin.

this new global array of data processors will be used for loads of applications other than just the big official TPTB cryptos also. Like a new internet.

But i don't think any of this infrastructure will end being used for bitcoin or alt bubblecoins

thats my guess anyway
Anonymous Coward
User ID: 76030598
United States
12/24/2017 04:00 PM
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Re: Bitcoin Was Created By DARPA
DARPAcoin...
Anonymous Coward
User ID: 76030598
United States
12/24/2017 04:01 PM
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Re: Bitcoin Was Created By DARPA
Bitcoin was a beta test...
MeteoriteTard

User ID: 39415297
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12/24/2017 04:05 PM
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Re: Bitcoin Was Created By DARPA
hiding

Last Edited by MeteoriteTard on 12/24/2017 04:05 PM
Anonymous Coward
User ID: 75431566
United States
12/24/2017 04:06 PM
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Re: Bitcoin Was Created By DARPA
Bump
Anonymous Coward
User ID: 74274734
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12/24/2017 04:13 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.
 Quoting: Anonymous Coward 47656070


Thats only partly true. What the poster talked about; to make this a 'real' currency for everybody there will need to be secure use of wallets. And to get to the wallet they will want it to be authenticated to biometrics.

The way this will likely get regulated is a law that merchants can not accept transactions from unauthenticated bitcoin wallets.

Who is going to use a currency where they have their life savings stored in a software wallet, or even a secure hardware wallet if they lose the password, pin or key.
SpringLeak

User ID: 75632946
United States
12/24/2017 04:20 PM

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Re: Bitcoin Was Created By DARPA
This isn't true because DARPA steals all their shit from me and I didn't make bitcoin.
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SeoKungFu

User ID: 42468101
Bulgaria
12/24/2017 04:45 PM
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Re: Bitcoin Was Created By DARPA
It should not be a big surprise, for the whole homosapientic info tech-NO-LOL-ogy is a demonic mixture of military mindset and some details from the alleged grey little helpers with some of their dirty know-how.

Bitcoin is just a branch of it all.
"Have a vision of life that inspires you, then try every day to grow closer to the fulfillment of that vision."

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Anonymous Coward
User ID: 75408574
United States
12/24/2017 05:39 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: Anonymous Coward 24125807


i believe you are somewhat right however i believe that we were not supposed to see the white paper so to speak until they were ready. the cat got out of the bag before they could train it.
Anonymous Coward
User ID: 75408574
United States
12/24/2017 05:55 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.
 Quoting: Anonymous Coward 47656070


i said cat out of bag lol
BLASPHEMUS the DEPLORABLE

User ID: 17853262
United States
12/24/2017 05:55 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
 Quoting: Anonymous Coward 49996267


mmm Yea, ive worked the nat gas industry for 31 years now (since 19 yrs old) the whole system that we work under is bullshit, last 3 years been averaging 98000-119000 anually and wife no worky and a 2300 sq foot house, 13 yr old suburban, a junk jeep and 2 kids 10-14 and 1 stepkid 25 still here, and let me say, doing the math, the all of the 401k matches, so -so medical insurance, pension, ect ect, and I don't have a whole lot of toys, this bullshit your spreading about "get a job slob" well I have never been jobless since 1986 and you think having a job is a blessing?, pfft I will have to work till I am 65 just to make retirement. 401k is bullshit unless you put 8-10% of your paycheck for 30 years AND take the 45% hit (lump sum) unless you meet several criteria, and SSecurity will hit when I have one foot in the grave, and I can only take half-pay SS if I want my wife to continue recieving after I die, same with 401k, so your little bullshit comment about blah blah get a job rings deep, I reckon your mommy and daddy bought your house for you, paid your college, bought u a car or 3, ect ect, the regular Joe working class is slaving along with just enough to stay alive and nothing more. My parents both worked till 65 decent jobs 1 with pension one with a shitload of savings, they paid $16,000 for their house in 1973, I am the only kid and left when I was 17, and because of meds, taxes, and other bullshit, they dont live high on the hog by and stretch, and they still struggle sometimes.
Merry Christmas
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Anonymous Coward
User ID: 75575113
United States
12/24/2017 06:27 PM
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Re: Bitcoin Was Created By DARPA
Welcome Friends to the New World Order brought to you by you friends of the rotchilds which is BANKERS!
And you really thought crypto was developed by some chump demoto or whateva his made up name was!!!
LoL....this been in the works for a looooong time folks!

Anonymous Coward
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United States
12/24/2017 06:29 PM
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Anonymous Coward
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12/24/2017 06:34 PM
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Re: Bitcoin Was Created By DARPA
/mac/classes/6.805/articles/money/nsamint/nsamint.htm




 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.
 Quoting: Anonymous Coward 47656070


Are you SERIOUS friend?????
You honestly think they didn't create all these other cryptos also????
OMG..... people puhleeze.....you gotta be f'ing kiddin me???
sheeplebah
Anonymous Coward
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12/24/2017 06:37 PM
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Re: Bitcoin Was Created By DARPA
/mac/classes/6.805/articles/money/nsamint/nsamint.htm




 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.
 Quoting: Anonymous Coward 47656070


Are you SERIOUS friend?????
You honestly think they didn't create all these other cryptos also????
OMG..... people puhleeze.....you gotta be f'ing kiddin me???
sheeplebah
 Quoting: Anonymous Coward 75575113


Why would bankers & governments create a currency that would be a serious threat to themselves ?
Anonymous Coward
User ID: 75575113
United States
12/24/2017 06:38 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..
 Quoting: Anonymous Coward 47638590


OMG....how many are there now??? Can't even keep up!
Can't believe folks are truly this gullible!!!
Well, they can't say there weren't warned!
lucky
pool

User ID: 75858302
United States
12/24/2017 06:40 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..
 Quoting: Anonymous Coward 47638590


OMG....how many are there now??? Can't even keep up!
Can't believe folks are truly this gullible!!!
Well, they can't say there weren't warned!
lucky
 Quoting: Anonymous Coward 75575113


Only bet what you can afford to loose.
I trust myself first.
FlashBuzzkill

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12/24/2017 06:44 PM
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Re: Bitcoin Was Created By DARPA
Look at it logically - they have all our information available digitally along with biometrics for 'security' reasons. Taking money digital ties it all together with a nice little bow. Anyone gets out of line and you have no money. Control of currency = control of economy. Simple as that.

Last Edited by FlashBuzzkill on 12/24/2017 06:45 PM
Gen. John B Gordon and Gen. Nathan Bedford Forrest were the finest citizen-soldiers birthed in America.
Anonymous Coward
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12/24/2017 07:05 PM
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Re: Bitcoin Was Created By DARPA
So was the internet....

How many of us use that?

How,many of us profited from the proliferation of its use?
Anonymous Coward
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12/24/2017 07:36 PM
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Re: Bitcoin Was Created By DARPA


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.


Thats only partly true. What the poster talked about; to make this a 'real' currency for everybody there will need to be secure use of wallets. And to get to the wallet they will want it to be authenticated to biometrics.

The way this will likely get regulated is a law that merchants can not accept transactions from unauthenticated bitcoin wallets.

Who is going to use a currency where they have their life savings stored in a software wallet, or even a secure hardware wallet if they lose the password, pin or key.

----------------------------



OP wrote an important and detailed explanation that we know is true.
Does anyone really think the roll out of biometric readers on a "dumb" i-Phone X is a coincidence?
This a coordinated technology bringing us to a programmed cashless society that is on track.
And yes, for those who can see it, it is an attempt to create the 666 (www), ultimate control of people and money and a lock down system.
The complete opposite of what these digital cryptos are being sold as, of course, of course.


------------------------------
Anonymous Coward
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12/24/2017 09:07 PM
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Re: Bitcoin Was Created By DARPA
/mac/classes/6.805/articles/money/nsamint/nsamint.htm​




 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.
 Quoting: Anonymous Coward 47656070


Are you SERIOUS friend?????
You honestly think they didn't create all these other cryptos also????
OMG..... people puhleeze.....you gotta be f'ing kiddin me???
sheeplebah
 Quoting: Anonymous Coward 75575113


Why would bankers & governments create a currency that would be a serious threat to themselves ?
 Quoting: datawaves


If they created it, where's the threat to them?

The threat is to us as they attempt complete global control over every human.
Anonymous Coward
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United States
12/25/2017 05:56 AM
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Re: Bitcoin Was Created By DARPA
"-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

Hello,

I will answer only a few questions today.
I have too much work to do, thanks for Your patience.

Why I did create the cryptocurrency.

I did look to society and I saw it is mainly controled
by people with money. Most of them did receive that
money from their family or some business they did do.

However it is sad to see 85 of the rich people
do own more as 3.5 BILLION of the poor people.

How could those people be proud of their achievements
if they do known their wealth is only temporary. They
can not buy eternal life with that money, only pleasure.
Pleasure at cost of other people...

Money should be an unit to trade in a fair matter.
But if money is printed by governments, used in a wrong
way by financial organisations, so important it rules
almost anything, it becomes more important as the people !

In old times, money was equal to gold, nobody could make
it out of thin air. Paper money, they can. So the common
man does work for the money, but the bankers and the
governments take free money from the printing machine.

We could not go back to gold because gold is limited. Another
currency should be made, which can not be abused, created
by some people. So the idea came to create money such
as cryptocurrency, mined with heavy calculations, based
on math.

So I presume, in next decades, the paper money will collapse,
the cryptocurrency is some form (!), not exclusive bitcoin,
will be the new currency.

I do expect the people will exchange with cryptocurrency and
take distance from an economic model, that serves mostly the
rich people, as the payoff of debt.

This world could be wonderfull if people do realise the economic
model should switch to a resourced based economic system that
will serve all people on the world.

It is a shame, 3.5 BILLION people do suffer and 85 have so
much wealth to have pleasure. It is a shame, there is a
crisis, made by bankers and financial institutions, governments
but on the other hand there are too much products and services
on the market. Too much competition. Too less quality, too much
quantity. Food is degraded, the natural environment is destroyed.
All for one reason, to serve the current economic model of greed,
for the pleasure of those 85 richest of the world ?

All humans on this world shoudl work as a team. A team to do the
work that needs to be done, but to free themself from poverty and
slavery ! Yes. When all people do a bit of work, You should not
work 50 hours a week to survive... Do people realise, most of You
are slaves of a system ?!

Governments seems not to be able to corrrect this. There was
slavery in the USA, but they can not solve labour slavery.
They can not solve poverty ?! War ?

So no doubt this social economic system will change a lot in
next years. People will see the big fraud of fiat money,
so they will look to alternatives, such as cryptocurrency.

This will be the first step to a society to rule out abuse.
The abuse of printing money out of thin air, to live on debt.

People are more important as their systems they do create !

You people, You only need to spread that message. To use
cryptocurrency, and if You do not trust bitcoin, make another
system based on my idea !

People who are in power, did receive power from the people.
You only need to use Your own system. To organize and stop
to work and cooperate in a mad run on Earth, that destroys
Your health, Your life, Earth.

Take care.

Father of Cryptocurrency"

-Satoshi Nakamoto