Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Enochian on June 11, 2011, 09:07:59 PM



Title: Hilarious Bitcoin Conspiracy Theory
Post by: Enochian on June 11, 2011, 09:07:59 PM
I was just reading some comments by Michael Rivero at the WhatReallyHappened blog.

"As a part of the mining for BitCoins, a huge amount of computer power is being spent on cryptographic processing of these blocks, and nobody really knows for certain what is inside those blocks.

I am concerned that the BitCoin miner, along with passing BitCoins hither and yon, is actually a vast distributed code key-breaker, as I cannot think of anything else requiring that kind of computer power (as NSA's rumored expenditure on exaflop computers suggests). With enough raw computer power chained together in a few million BitCoin users, brute-force breaking of the keys of asymmetric encryption becomes achievable, even convenient."


LOL!



Title: Re: Hilarious Bitcoin Conspiracy Theory
Post by: bitcoinminer on June 11, 2011, 09:09:51 PM
If the pay is the same either way, I don't really care what is in the blocks.


Title: Re: Hilarious Bitcoin Conspiracy Theory
Post by: Bit_Happy on June 11, 2011, 09:18:48 PM
Conspiracy Theory LOL!
Why do you find that hilarious? The Bitcoin founder is CIA/NSA and todays low of 13 is a clear signal "they" are in full control and we are helpless slaves.   ::)


Title: Re: Hilarious Bitcoin Conspiracy Theory
Post by: gigitrix on June 11, 2011, 09:28:19 PM
Trolls...


Trolls everywhere...