Bitcoin Forum

I give it 5-10 years... perhaps we indeed will be rich but we will usher in the complete enslavement of humanity in doing so...

Disagree with King of America on ANY issue and you'll find your finances completely locked..

Your entire networth seized on the potential you forgot to pay your taxes..

The future is very grim.. very grim.

Only a moron would use such a thing, therefor they will get what they deserve.

You will have no choice. 

There is always a choice.

Well, it looks like we're not off to a great start this week...  ;)

It is very hard for individuals to fight the state.  About the best we can do to start is to be diversified and aware.  Your post is part of that process.  Beyond a START, we would have to get our hands dirty fighting off the tyrants.

But, for what it's worth, I have many doubts of the competence of the BRICS or anyone else to govern.  All of these governments are big and sluggish...

basically you're saying that there is no truly decentralized system, they will find a way to control us no matter what

it's time to leave and go to that place called liberland then...

There are attempts to create Liberland from time to time. So far all efforts failed. I doubt we will be seeing successful utopia-like country in the future.
So far I have faith in the bitcoin development. See what happened with Bitcoin XT... We don't want to be toyed with.

I don't see that happening, as long as we keep competent people at the core dev team. There are really passionate people with Bitcoin beyond wanting the price reaching 1 million dollars. There are people that is watching what the devs do, and if they do anything stupid like selling out to the US goverment and ruining Bitcoin, I think that is a mistake and they know it. I trust they will do a good job, and XT type attempts to over take the decentralization of Bitcoin will always fall harder each time its tried.

Competent people are not enough. They need to be people with mission, who can't be bend to the will of regulators. See what is happening with other core software like Windows operating systems.
Windows 10 is total spyware tool which record your every move and send info to Microsoft and NSA servers. I think something like that can happen to Bitcoin as well.

It's not the same. Bitcoin was always open sourced, there are certain codes that cannot be broken. Microsoft started closed source since day 1.
If the devs ever think about centralizing Bitcoin and making it closed source they will crush the price, everyone would be in panic, so they wouldn't benefit from that anyway.

People have fought the states and governments 300 years ago. There were revolutions and very successful ones. In the end, the mob was always a winner. There is nothing stronger that made up minds of millions of people.

If humanity was successful at this 300 years ago, I am sure we will manage today as well. F**k everyone and everybody that stay in front of the progress of the ordinary people and all just because of his prosperity.

Tor has kept running without development being taken over by governments even though it originated through DARPA. There are new Tor like systems such as I2P which have also resisted government control. If they can operate without control over development so can Bitcoin. There are rumors the CIA operates Tor nodes to spy on people, but it hasn't taken control of development, and Tor is constantly being updated to counter threats like that.

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thejaytiesto, MickeyB, poncom

All three of your remarks above give me some hope that privacy can be maintained in our "NewEra".  I sure hope so.

I am not in a position to know (not a programmer, etc.), but BTC at least seems to be pretty secure.  I do not enough about TOR, there are constant rumors about TOR being compromised.

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poncom, other than TOR's own website, is there any site that can give a beginner a reasonably good explanation of it as well as an assessment of its security?

Tell that to peer-to-peer filesharing.  The media moguls and copyright cartels haven't managed to shut that down yet.  Peer-to-peer moneysharing will be no different.

Then there's the "war on drugs", "war on terror", "war on poverty" and all those other wars they're not only failing miserably at winning, but even making worse purely by their own involvement.

I think we're good here.  Besides, it'll probably be the "bankster-friendly" crapcoins like Ripple/Stellar that get taken over by more official organisations.

I agree with your post on all points. They can't really shut down P2P.

You're either trying to spread FUD or you are very misinformed. Bitcoin is a open source project. If something suspicious was pushed into the code, we would know about it. Bitcoin as a technology works, and it will work regardless of the price being $300, $3, $0.03 (or the number of people using it being very low). If Core was updated to 1.0 (random) right now that included "badChange1" and "badChange2" (both random), then anyone who is using their brain would stay at the current version. They can't force us into anything, no matter what they do.

You statements can only be true if bitcoin fail. It is controlled by everyone on the peer to peer network. No one have full control over it.

I hope bitcoin core dev have a strength to against the government/their agency who want to exploit it. although bitcoin can't be exploits.

It would be like them trying to shut down the internet. Even if they would be able to do that it would mean that we would have to find new ways to transfer value from one place to another.

I heard of some guys working on radio frequencies to be able to use a bitcoin wallet with them. The future is interesting.

Can just look at the posts on this forum and how eager some people was to defend XT even after all the crap in the code was found.
And how some want to block tainted coins
It also doesn't go a day without someone telling people that regulation is a good thing and that we have to comply, so it wouldn't suprice me if this happens if enough people buy into it

just not my english brics?
UN=unidted nations?
well we can pay tax into 10 years i dont ike much  but ok
but core code written into buy of un?
ok less crime?

Bit overdramatic don't you think? Also, America has no king and will never have one. Monarchies are slowly being replaced by governments.

Maybe it is time to leave the US and go to a better country? Maybe Europe will be attractive to you?

That makes no difference!


Your fiat money is issued and controlled by a small group of people.

Well if there were ever to be a King of America I'm sure he would suffer the same fate as Louis XVI did after the French Revolution. Americans aren't that apathetic enough to let this happen (yet).

.. I would disagree with this.. 10-20% are heros the rest.. sheep.. such such sheep that would fight the leaders of freedom if told too...

There are way to many blind sheep on this planet.

That is precisely why Bitcoin makes abstractions of failed "democractic" concepts and is resilient to tyranny of the masses.

The recent XT/BIP101 fiasco is a clear enough demonstration of the antifragile properties of Bitcoin.

Perhaps I am way to jaded.

Give up OP, this is just complete nonsense. Whoever tries to ruin Bitcoin will not only ruin the price too, but their own lives. They will be hated for life, the devs know it, thats why they will stay open source and decentralized. We are on the same team. You are worrying about a non issue.

Evil prevails when good people do nothing.

Bitcoin can not be hijacked, since even if the Core development team did become compromised we could all just choose to adopt an alternative implementation of Bitcoin instead. Even if the majority does not choose freedom and does side with a Bitcoin that compromises the principles of decentralization and financial freedom. Then as an individual you can always choose to adopt an alternative cryptocurrency instead. Because of this, the crypto revolution will never die. We will from now on wards always have the choice, this volunteerism and freedom is one of the greatest technological gifts of our time. So embrace alternative implementations and alternative cryptocurrencies because they are an extension of the ethos of Bitcoin itself and help preserve the decentralization and financial freedom most of us here have grown to love.

I believe there are no chances for that as bitcoin network and it's ecosystem is completely coded to work along with TCP/IP of internet usage. Only if they are able to control internet they can have access to bitcoin network. Till then, true freedom of decentralization is for every human of this planet.

No..., I disagree.  OP should ask questions that may be uncomfortable or to clarify.  Without the free exchange of information I have read here, I would be less informed about Bitcoin's strengths and weaknesses.

TPTB could make BTC much harder to use by clamping down on exchanges or other chokepoints of trading BTC for US$ for example.  I have used BTC to buy ONLY gold, and if TPTB shut down the retailers' abilities to get fiat, that would mean that I would less interest in BTC.