Bitcoin Forum

www.infowars.com/whistleblower-fed-highly-alarmed-about-bitcoin-conquering-dollar-system

This is a huge technological, monetary, and policy disruption which leaves the Fed, the US govt, and other entities with much less control. Our best case scenarios are modeled upon current bitcoin adoption rates which have simulated a tipping point for the year 2026 (worst case 2021)

this time frame projects the Fed (via the dollar) to lose its dominant global monetary policy maker status – instead everything will superceded by bitcoin.  Bitcoin to tha moon 520 here we come !!!

The original was posted over three months ago here: http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/

The "whistleblower" still refuses to provide any evidence or verification of its truth. It is probably a hoax.

I really think the U.S. government will unfortunately regulate it to the point where it is no longer anonymous and pointless to use.

Yeah, sorry for that.

Anyway, buy Bitcoin!

if you guys really think that bitcoin will dominate over dollar, a new 4 yr tech overthrow something that humanity has been practicing for several hundred years, you guys need to check your brain

Practising, yes, getting right, not so much... it's several hundred years of financial disasters if you look close.

and it's from alex jones' website "infowars.com"

IIRC, Alex Jones and the folks at infowars.com were initially claiming that Bitcoin was a secret CIA/NSA conspiracy.

It's still better than FIAT plus if you want anonymous you can go grab some cheap Monero now for later.

infowars.com


lol, crappy shit "news".

this was published a while back, and it seems to be BS.  Anyone with a combo of those 3 degrees could EASILY be identified, and his holding of those dont really contribute at all to the story.  It seems to be bogus

Info wars does a great job of getting people to look at ads. They do not, however, do any kind of actual reporting.  :D

The top Fed officials are too sure of themselves and won't see the power of Bitcoin until it hits them.
Obviously, the article cannot be relied on.

Infowars is just the conservative side of the conspiracy nut job cadre. I do think BTC is a threat to the USD in the long term but I don't believe it because alex jones told me so.

ZOMG an anonymous poster on reddit said it it clearly must be true!

Alarmed Highly? What the Bitcoin can shock FED!

In a corroborating statement, Government Scientist Randy Marsh of Colorado, says he was "So startled", releasing a shaky camcorder video of the event.

I remember reading about this several months ago.

I agree that it is more likely then not going to be some kind of hoax/attention grab.

I don't see any real reason to want to say anon while "blowing the whistle" on this.

https://i.imgflip.com/e44d7.jpg (https://imgflip.com/i/e44d7) (https://imgflip.com/memegenerator)

I agree. Without any decent evidence to back this up I'm calling bullshit.


 :D I love Randy,

its like comparing bubbles to bricks and mortar

The FED hates any and all competition. Including, gold, silver and bitcoin.

The federal reserve wants to prevent competition so badly that they have taken steps to prevent the trade and investment in both gold and silver. /scarsacm

The federal reserve actually facilitates trade in both of these metals/stores of value by clearing payments for their trade.

its almost for sure that when btc gets big and when people got the hang of it, their gonna launch their own version btc , fiatcoin . all they have to do is have a couple fiatcoin commericals and some more gimmicky stuff and the mainstream will flock to it, only the hardcorest of bitcoiners will still honor bitcoin. so i belive from now and when that day comes,   the current and new additions of bitcoiners are going to start educating  the truth about both sides, im confident if the truth about how dirty fiat money is , bitcoin will win out.

Regardless. Weve been on it no matter the flaw you think are.
Your mom use it you use it your whole family. You can complain all day but it hasnt been changed and it seems like its not gonna change anytime soon

Well in living memory of people in Western Democracies, there's been 3 occasions where a large number of people had to revert to market gardening, keeping chickens etc, to fill the gap when the economy was messed up for various reasons. Probably many more times than that in last hundred years in less stable nations.

This. Plus the fact that the whistleblower has not actually shown any proof of his claims are accurate nor the fact that he actually worked for the federal reserve

the Federal Reserve is a Defunct organization like most Fiat central banks,

they are private institutions and where pretending to be goverment institutions before

the internet and freedom of information flow,

the US government must now seize the Fed like they did Fannie Mae Freddie Mac and General Motors

the RBA in Australia must also be seized by the Australian goverment, the RBA reserve interest rate

must be diverted back into the Australian Government coffers and be distributed to the Federal

Government and the State Governments.

Well, the value of Bitcoin is still tied to fiat. If Bitcoin can stand alone, then there will be real disruption.

How very ignorant.

http://www.presidency.ucsb.edu/ws/?pid=14611

Things are what they are, right? Nothing ever changes? Trust us, give us all your money, don't think about wars, we can take these decisions for you.

Well bitcoin is not going to ever do anything about the potential for war.

Also things generally do not change so quickly that the way money is used changes "overnight". A 1% change in the currency market in a single day is generally considered to be huge, and a 10% change in the currency market in a year is also much bigger then what is normally expected.

Do you want war - or do you want bitcoin?
 :)

I dont think btc will ever replace a national currency. Just an alternative to what we have. Let's hope... otherwise the regulation would make it something it was not intended to be.

Don't worry ,we can have both.

i doubt bitcoin will replace dollar, since there is no enough bitcoin to support global trades. Bitcoin will end up something quite valuable.

2.1 quintillion (2,100,000,000,000,000) satoshis is more than enough to support global trade.  That averages out to 300,000 satoshis per person in a world of 7 billion people.

Never thought someone had done the actual maths on that but well done, I also have to laugh at people who think that Bitcoin is 'only' 21 million coins since it shows how little they know about how it works, the coins can be broken up into 8 decimal places, so can just about any other altcoin out there for the most part.

Believe it or not, Satoshi and Hal "did actual maths" before bitcoin was finalised, figures were not picked out of thin air. (Well, any more than the governmental reports they might have been based on were anyway)

I didn't realise that but it's nice to know, just increases my faith in Bitcoin and cryptocurrencies even more, I am so looking forward to next year :P

He didn't just invent the blockchain with automatic mining incentives, he also chose good parameters.

They are trying to grab a hold of Bitcoin since the day it came to the show. So I guess the community has gotten used to this Highly Alarmed situation.