Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: buysellbitcoin on April 24, 2015, 09:00:55 AM



Title: Unbelievable amount of misinformation about Bitcoin
Post by: buysellbitcoin on April 24, 2015, 09:00:55 AM
I came across an article today in Indian news website. Article is fine but one comment to that article is awesome:
http://www.thehindubusinessline.com/opinion/its-growing-bitcoin-by-bitcoin/article7134704.ece

Let me quote it here :

Quote
Some fears about BitCoin:- 1.It is thought to be the brainchild of the NSA,via Samsung,Toshiba,Motorola,Nakamichithe name of the "inventor "is Satoshi Nakamoto. Sa from Samsung Toshi from Toshiba Naka from Nakamichi and Moto from Motorola.A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance [and hence the Economy and every other thing]. 2.It is for a Cashless Society which is a Surveillance Society. 3.It is to suppress the price of Gold and Silver 4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

How and from where such conspiracies come in. Really fascinating :)

Regards


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: jacktheking on April 24, 2015, 09:04:51 AM
I can't believe someone actually make this type of comment. Well, Satoshi Nakamoto is a common name in Japan..


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: buysellbitcoin on April 24, 2015, 09:05:55 AM
Gem is :

4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

Seriously ?


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: tokeweed on April 24, 2015, 09:14:17 AM
I came across an article today in Indian news website. Article is fine but one comment to that article is awesome:
http://www.thehindubusinessline.com/opinion/its-growing-bitcoin-by-bitcoin/article7134704.ece

Let me quote it here :

Quote
Some fears about BitCoin:- 1.It is thought to be the brainchild of the NSA,via Samsung,Toshiba,Motorola,Nakamichithe name of the "inventor "is Satoshi Nakamoto. Sa from Samsung Toshi from Toshiba Naka from Nakamichi and Moto from Motorola.A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance [and hence the Economy and every other thing]. 2.It is for a Cashless Society which is a Surveillance Society. 3.It is to suppress the price of Gold and Silver 4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

How and from where such conspiracies come in. Really fascinating :)

Regards

Lol...  hindubusinessline.com. 


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: MJK on April 24, 2015, 09:37:17 AM
A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance
[/quote]

Well yeah, that's exactly what's wrong with fiat, but bitcoin cannot be issued and controlled by a central authority so they don't need to worry about this. I doubt bitcoin had anything to do with any governments or corporations and was just invented by a smart guy trying to offer a solution to current fiat cash problems and their payment systems.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Elwar on April 24, 2015, 09:46:35 AM
The nice thing about Bitcoin is that it gives Darwinism a shot in the arm.

Let them believe what they want.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: minerpumpkin on April 24, 2015, 10:52:05 AM
Well, I'm actually not that surprised… it's just another collection of rumors and Conspiracy theories, you have that with everything there is! If you want to get the peoples' attention the best thing you can do is write something interesting - and it doesn't get more interesting than conspiracy theories, does it?


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Q7 on April 24, 2015, 12:42:44 PM
At least the guy is trying to be imaginative with a twist to make it sound interesting. If we look at it overall maybe that is what we need, some publicity to get the attention and I don't see anything bad coming from it. It's the attention that generate interest and it's the same thing that celebrities nowadays did in order to stay popular in the industry.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: BitcoiNaked on April 24, 2015, 12:52:29 PM
Hope it's true lol, if bitcoin is made by global superpowers to be used as a global currency than we all will be rich motherfuckers.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: ChuckBuck on April 24, 2015, 12:55:15 PM
Wow, that's the first I've heard of that.  Bitcoin the brainchild of these companies:

Samsung
Toshiba
Nakamichi
Motorola

Bullshit source and article, but man, A for effort and creativity.  You couldn't spin a yarn like this in your dreams!   8)





Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: gentlemand on April 24, 2015, 03:26:08 PM
This type of theorising has only just begun. If it really goes places lord knows what people will be coming out with.

It'll be fascinating to what proportion of people eventually regard it as good or evil. Lots of ammo for either side.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: tokeweed on April 24, 2015, 03:34:42 PM
http://bdmusiccafe.com/wp-content/uploads/2012/10/Idiot-Bengali-Movie.jpg


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: manselr on April 24, 2015, 03:42:49 PM
I came across an article today in Indian news website. Article is fine but one comment to that article is awesome:
http://www.thehindubusinessline.com/opinion/its-growing-bitcoin-by-bitcoin/article7134704.ece

Let me quote it here :

Quote
Some fears about BitCoin:- 1.It is thought to be the brainchild of the NSA,via Samsung,Toshiba,Motorola,Nakamichithe name of the "inventor "is Satoshi Nakamoto. Sa from Samsung Toshi from Toshiba Naka from Nakamichi and Moto from Motorola.A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance [and hence the Economy and every other thing]. 2.It is for a Cashless Society which is a Surveillance Society. 3.It is to suppress the price of Gold and Silver 4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

How and from where such conspiracies come in. Really fascinating :)

Regards

Writers get paid by amounts of traffic comming to a website, that guy is just throwing in your average buzzword to make a clickbait article and get tonts of visits. Lying and half truths sells unfortunately.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Daniel91 on April 24, 2015, 03:55:00 PM
It seems it is very popular to write in a negative tone, as negative news is faster and easier to sell than positive.
The vast majority of these authors do not even understand the concept of virtual currency and Bitcoin, nor bother to investigate this area.
On the internet now all write about everything, and there are very few serious and professional journalism.
Banks and traditional financial institutions doesn't like us, and they will do everything in their power to stop us.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: sana54210 on April 24, 2015, 04:02:43 PM
Conspiracy stories are always funny to read, shape shifters, ET, time travellers and the list goes on, beginning from boogeyman in childhood days, and all the weird conspiracies that mind could perceive, which sounds a bit delusional to many, nonetheless funny to read.

Instead of writing such article, they could do some research on the benefits of Bitcoin and rather write an article which will be more useful to many people.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: visual111 on April 24, 2015, 04:37:44 PM
bitcoin conspiracies are always.....interesting to say the least


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Lboss on April 24, 2015, 04:47:26 PM
I came across an article today in Indian news website. Article is fine but one comment to that article is awesome:
http://www.thehindubusinessline.com/opinion/its-growing-bitcoin-by-bitcoin/article7134704.ece

Let me quote it here :

Quote
Some fears about BitCoin:- 1.It is thought to be the brainchild of the NSA,via Samsung,Toshiba,Motorola,Nakamichithe name of the "inventor "is Satoshi Nakamoto. Sa from Samsung Toshi from Toshiba Naka from Nakamichi and Moto from Motorola.A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance [and hence the Economy and every other thing]. 2.It is for a Cashless Society which is a Surveillance Society. 3.It is to suppress the price of Gold and Silver 4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

How and from where such conspiracies come in. Really fascinating :)

Regards

I like this conspiracy theory too.
But this is basically how media behaves to Bitcoin. I honestly cant see any really good and realistic news about bitcoin in mainstream media and even most of the time at technological sites.(child porn, money laundering, illegal drugs sale etc.)

But this is -at least- a creative one 8)


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: minerpumpkin on April 24, 2015, 05:48:52 PM
It seems it is very popular to write in a negative tone, as negative news is faster and easier to sell than positive.
The vast majority of these authors do not even understand the concept of virtual currency and Bitcoin, nor bother to investigate this area.
On the internet now all write about everything, and there are very few serious and professional journalism.
Banks and traditional financial institutions doesn't like us, and they will do everything in their power to stop us.

Yeah but this is probably really only written to attract more readers and get your story shared by as many people as possible. People love conspiracy theories, it's true. And there are always some people who are actually going to believe them!


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: SpanishSoldier on April 24, 2015, 06:09:29 PM
I came across an article today in Indian news website. Article is fine but one comment to that article is awesome:
http://www.thehindubusinessline.com/opinion/its-growing-bitcoin-by-bitcoin/article7134704.ece

Let me quote it here :

Quote
Some fears about BitCoin:- 1.It is thought to be the brainchild of the NSA,via Samsung,Toshiba,Motorola,Nakamichithe name of the "inventor "is Satoshi Nakamoto. Sa from Samsung Toshi from Toshiba Naka from Nakamichi and Moto from Motorola.A Rothschilds is reported to have claimed:- "Allow me to issue the Currency of a Nation,and I do not care who makes the Laws". With the US Dollar in the dumps,it is way by the USA to control Global Money and Finance [and hence the Economy and every other thing]. 2.It is for a Cashless Society which is a Surveillance Society. 3.It is to suppress the price of Gold and Silver 4.the Central Bankers are reported to be in touch with IBM to misuse the "Block-chain" technology of the BitCoins,to control Global Crypto Currencies.

How and from where such conspiracies come in. Really fascinating :)

Regards

At the end of the article, it is written...

Quote
The writer is the head of banking and financial services, Nihilent

From a Google search, it seems this is nihilent.com. So, this newspaper got an article from someone at Nihilent for free and published it without any scrutiny.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Snail2 on April 24, 2015, 08:57:41 PM

How and from where such conspiracies come in. Really fascinating :)


Perhaps they are reading BTT. I've seen a lot of even more wild conspiracy theories here. You can also find a big bunch of such stuff on Reddit.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: coinpr0n on April 24, 2015, 09:20:09 PM
I read that exact description of Bitcoin a while ago, they just copied it.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: pereira4 on April 24, 2015, 10:17:38 PM
I see random articles on bitcoin poping up on mainstream media lately, making random claims, such as "it's money created on the internet", like they don't know there is a limited supply or something.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Amph on April 25, 2015, 06:54:25 AM
I see random articles on bitcoin poping up on mainstream media lately, making random claims, such as "it's money created on the internet", like they don't know there is a limited supply or something.

conspiracy? someone is spreading fud intentionally, to maintain the price low and buy cheap, maybe?


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Kprawn on April 25, 2015, 07:01:05 AM
This is total FUD... people make up conspiracy theory's when they do not have any facts.

If you look at this in this way : A group of companies or a government wanting control, would not create something in Open source.

1. It gives them less control. {People can actually change the code or accept a totally new version}
2. It's too transparent. { They would need to hide backdoors etc... and Open Source does not provide for that }
3. It must be proprietary and they should be the only entity calling the shots.

My guess... It was a small group of programmers {no more than 3} who got together on online forums and chat rooms and they created it from there. They got spooked, when it took off, and also when Gavin went to the authorities.

Large organizations cannot keep secrets.. there are too many holes.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: S4VV4S on April 25, 2015, 09:09:09 AM
I can't believe someone actually make this type of comment. Well, Satoshi Nakamoto is a common name in Japan..

Really?

https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto (https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto)

Tell me how many Satoshis you can find.....


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Miracal on April 25, 2015, 09:21:39 AM
Funny story! I think no ppl gonna believe it!


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: jjacob on April 25, 2015, 10:46:42 AM
Seems like Bitcoin is making it to papers across the world.
Soon, they will figure out what Bitcoin really is.  :)


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: bornil267645 on April 25, 2015, 01:49:20 PM
This kind of publicity is certainly not going to help the new users who look up to this kind of false information. Misinformation could lead to the next GOX incident.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: AtheistAKASaneBrain on April 25, 2015, 02:15:55 PM
I see random articles on bitcoin poping up on mainstream media lately, making random claims, such as "it's money created on the internet", like they don't know there is a limited supply or something.

A spanish friend told me that a politician in his country said that the money is created indefinitelly and unregulated, as if there is a random group of people doing QE with Bitcoins. They just don't get it.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Blazr on April 25, 2015, 02:22:25 PM
I can't believe someone actually make this type of comment. Well, Satoshi Nakamoto is a common name in Japan..

Really?

https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto (https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto)

Tell me how many Satoshis you can find.....

I did this same search around 2 years ago and our Satoshi wasn't the only one listed. Perhaps all the hype around Bitcoin and the newseek article have affected the search rankings. A similar search on Facebook turns up quite a lot of results.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: uininPeter on April 25, 2015, 05:37:22 PM
Bitcoin is a confusing concept for many people which leads to misinformation. I even thought I understood it for a while when I didnt, and undoubtedly I spread some misinformation...


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: BTC_Superman on May 14, 2015, 01:13:24 PM
I don't believe that. This is like a funny story and misinformation.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: dothebeats on May 14, 2015, 01:24:27 PM
Funny how this kind of information about the origins of the pseudonym Satoshi Nakamoto still cracks me up. :) The names could perfectly fit, but it is very contradicting if those powers really want authority and control because firstly, why would they leave it as an open-source project if they want total control? Like seriously, if someone wants total control, he/she would definitely leave the source among his/her inner circles only and not for the public to view.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Kyraishi on May 14, 2015, 01:35:15 PM
Funny how this kind of information about the origins of the pseudonym Satoshi Nakamoto still cracks me up. :) The names could perfectly fit, but it is very contradicting if those powers really want authority and control because firstly, why would they leave it as an open-source project if they want total control? Like seriously, if someone wants total control, he/she would definitely leave the source among his/her inner circles only and not for the public to view.

Yeah they could have kept it to themselves but that's just about it.
It would have been only themselves because nobody would trust it.
Hence the need for open source  ;)


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: RodeoX on May 14, 2015, 01:57:11 PM
I think we need to weave "time travelers" into the narrative. That's another funny internet phenomena. Maybe we can't find Satoshi because he has not been born yet!!!!!! Or he was a mathematically gifted daimyo in feudal Japan!!!
:D


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: MicroGuy on May 14, 2015, 02:18:25 PM
I thought everyone already knew that Satoshi is actually Gavin's transgender alterego. :-*


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: RodeoX on May 14, 2015, 08:54:30 PM
I can't believe someone actually make this type of comment. Well, Satoshi Nakamoto is a common name in Japan..

Really?

https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto (https://www.google.com/webhp?ie=utf-8&oe=utf-8&gws_rd=cr&ei=7lg7VcHwDIjYU5OugsAN#q=Satoshi+Nakamoto)

Tell me how many Satoshis you can find.....

I did this same search around 2 years ago and our Satoshi wasn't the only one listed. Perhaps all the hype around Bitcoin and the newseek article have affected the search rankings. A similar search on Facebook turns up quite a lot of results.

I think both Satoshi and Nakamoto are common names in Japan. But you may find more hits under "Sato", a short version. I spent time in 08-09 in Japan and learned a bit about the language. I may be wrong, but let me take a stab at this name.

聡 中本
The first name "聡" means something like wisdom. Like the word Sophia in Greek. The surname "中本" is made from two characters. The first one is ment to show a line going inside of a mouth. It is used to imply "inside of". The second character is a tree that has it's roots emphasized. It implies roots or the origin of something. It is also in the word for Japan (日本). See it at the end? Here it is combined with the character for the sun. So Japan means "the origin of the Sun", or the land of the rising sun.
So Satoshi Nakamoto could be interpreted to mean "Wisdom from within the roots" or maybe "wisdom originating from within". Its difficult because, unlike alphabetical languages, one must glean the meaning from what is implied rather than spelled out.


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: btcsnatcher on May 15, 2015, 02:39:46 AM
I dunno why people are so hell bent on proving Bitcoin as a fraudulent currency and supply derogatory misinformation about it. This kind of negative publicity shouldn't be created without hard evidences and proper knowledge about cryptocurrencies... These kind of reports claiming Bitcoin is created to sabotage other global currencies by popular sources of media only calls for their criticism and boycott.

New users and people need to be taught about the meaning, use and benefits of Bitcoin instead of making false allegations as to who created it and why...


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: thebenjamincode on May 15, 2015, 07:05:40 AM
well i believe that many of us have their own opinion and we should respect what we believe in


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: btcsnatcher on May 15, 2015, 02:19:39 PM
well i believe that many of us have their own opinion and we should respect what we believe in

only if those opinions are based on some well established or fundamental data and facts which make them believable... for example people may believe in Gods but thinking that bitcoin or Satoshi Nakamoto is an anagram used by CIA is just off limits...
 :-\  :-\  :-\ 


Title: Re: Unbelievable amount of misinformation about Bitcoin
Post by: Elwar on May 30, 2015, 09:43:36 PM
Some people are even taking a discussion board post starting with "what do you guys think of this?" as some major announcement.