I have an incapability to respond to "wealth shaming."

So what, he is making a bit of money here and there - as he should. He is one of the only human beings that can say that they have created THOUSANDS of millionaires. Everyone that was mining bitcoin on their laptops back in 2010 - 2012 should be reacting with aggression now that this man is being slandered like this.

Tony Blair the man that turned Iraq into a derelict bombshell, murdered millions and is directly responsible for the 'rape by solider' of hundreds of thousands of females (child and adult) has earned $100,000,000++ over the last 6 years, I think that is something worthy of outrage. Not some powerless, lone man making a few million here and there.

Craig white was the lead developer of this software that has changed all of our lives. He signed a message live on camera, but the BBC edited this out of their slanted presentation - for obvious reasons.

If you call yourself an Anarchist... If you call yourself a Libertarian... If you're anti this, and anti that - why are you so easily lead by this very same government that you defame? I mean, really? All it takes is media spin to whip you anti-establishment "rebels" into a frenzy?

Rest assured, there will be a big bitcoin pump in the coming weeks

So we'll all continue to make big money. But I must say it again. Let us all stop playing with this man's name. Let us all put more than a generous amount Respeck on it

He is the inventor of the Blockchain and Bitcoin. He has "signed a message" and confirmed this, but yet the character assassination continues

Don't let media spin guide your thoughts.

I just read the UK's Guardian, and they have already began to paint Craig as a potentially criminal liar. Which is very troublesome indeed.

We have seen the guy speak many times, and he doesn't seem prideful that he created bitcoin. He doesn't even want any accolades or awards. Why is that?

Would you want to be etched in stone as a contributor to the enslavement of mankind?

I think we need to put at least two tablespoons of Respeck on Craig White's name. He has allowed most us to grow wealthy.

Try to resist falling into the trap of believing the media spin. I mean, there is clearly alot more to be revealed but the machine has already set to work on tarnishing this guys credibility, so when he does present us with some merky facts of who else is involved with Bitcoin, he'll be dismissed as some incompetent liar.

Sad times... I've nothing else to say on this matter. So yes, I'm finshed AND done! And I wont say it anymore

But did "those of us" sit down and conceptualise a triple entry digital ledger that could only be interacted with via inputs and outputs way back in the 1990's? No, that was Craig White.

The idea behind Bitcoin is decentralisation, sure. But people forget that wealth and "liberty" does not equal control. AR-15's, biological weapons, atomic weapons, man power, military alliances = POWER.

In russia you can be the self made owner of a textiles business that produces $12 million pure profit per annum. Until one day you get that knock on the door and the secret police kidnap you from your home, throw you in prison for a month while they literally steal your entire business.

This is real power.

What makes you think Bitcoin isn't a plot to lock the wealth the world into ONE system.

Anarchists and libertarians are always talking about this "globalist, ONE world government agenda" yet fail to see that not only will this agenda come to fruition, but it is them that are building it

Regardless, I'll continue to ride the price swings... But, will I shun all other mediums of value storage for Bitcoin alone - probably not.


 

Craig obviously is Satoshi. The famous retort on this forum is "sign a message and prove it," well he did just that - and still the circus continues.

It's obvious that Craig was a mere piece on the chess board.

It's akin to some talented developer from the Ukraine that responds to an ad on UpWork to become the lead developer for a $1Million+ project. Craig created something on the behalf of a powerful group of people, who employed him to bring their ideas to fruition.

It was never the intention of this group of individuals to reveal their identity, hence the Satoshi Nakamoto pseudonym - which is actually an anagram for "So a Man Took A Shit." (Pump and dump anyone?)

Craig being disruptive by nature comes out and reveals that he is the creator of bitcoin (oh no, what else will he reveal? why doesn't he want to take credit and receive praise?)....... then this character assassination plot is launched against him to diminish his credibility. I mean this guy actually created bitcoin... so if anyone could create a rival to this system it would be Craig White, with the support of a plethora of financial backers.

But, no credibility = no support, societal shunning etc - think middle easterners, michael jackson, muammar gaddafi. Assasinate the character first, and then get rid of them entirely

..... So now anytime Craig White is mentioned in the media, the agenda will be to tarnish his credibility and paint him as incompetent, and incapable. The first time the media introduced us to Craig he was being dragged out of his home in handcuffs - psychologically, 90% of those that saw those images now subliminally associate Craig White with criminalism, instead of innovation. We never saw Steve Jobs home being raided.

To me it doesn't matter who created bitcoin. I traded penny stocks for years without caring to know who the CEO of any of those companies were

But I will not engage in this agenda to tarnish another human being

Craig white may have alot of other interesting information to reveal, but the media has now started their tirade to paint this man as a liar. So whatever he reveals next will be laughed off, and dismissed. I wont be surprised if the guy turns up dead due to suicide via two gunshots to the head

We all should think

We call ourselves anarchists and libertarians etc etc, yet here everyone is.... Still being lead and controlled by the hidden hand

The internet is global. No such thing as "offshore" when dealing online. Look what they did to KimDotCom. Full US swat team landed on his property in new Zealand as if it were some slum village in Vietnam.

They took all of his property, froze all of his assets and told him to f** off. The only reason he isn't in jail right now is because he is still able to pay for a credible group of legal advisors

Google, apple, "big pharma" are all huge lobbyists and donate hundereds of millions toward 'their own' political causes in the united states. So you're right. America "isn't able to take control" of these guys, because it is these corporations that control America

If the nsa felt the urge to infiltrate bitcoin, they will have already done this even back when bitcoin was nothing but a seedling of an idea.

Look what they did with the silk road. They didn't wait till it was some rogue rival to GlaxoSmithKline, they penetrated very early and after robbing enough btc over a period of 'years', they brought the entire thing down and made themselves look like the heroes.

Also, the nsa might not want to destroy bitcoin at all.

Bitcoin is actually the wet dream of an agency like the nsa

Craig White said he was "forced" to speak out. Question is, by whom?

People throw around these three letter abbreviations flippantly, they forget that these agencies, especially the nsa spend 24 hours each and every day monitoring all pockets of activity that occur on the web

If they wanted to infiltrate then, rest assured, they already have

Interesting. I think bitcoin itself is the most trusted method of storing value because it's chain is utterly secure, powerful and unrivaled by any altcoin.

Alternative currencies really should not be attempting to rival bitcoin but should add something entirely brand new to the crypto currency ecosystem as a whole, and this is what we're hoping that we can do. Difficult task, I know. But not impossible - at least we hope not  

The only reason we use paper money in the first place is because gold was too heavy to carry around.... and then came credit cards that allowed us to save space in our wallets and also to instantaneously borrow money from banks.

Bitcoin itself is part of this natural space saving progression. Because now, we don't even need physical wallets. We all have digital wallets now that exist in an ethereal realm, and our money has now become inputs and outputs on a digital ledger.

Alternative currencies should somehow complement this.

Instead of pin pointing one or two of bitcoins understated features, and then using them as the 'main' features of some altcoin, we should really be attempting to bring something brand new to the table.

Maybe some of you guys have some cool ideas and would like to maybe join our society and we can hopefully create something new and useful for ourselves and everyone else?

I really want to somehow provide myself and the rest of the community with something that can make our crypto experience better than it is


Yes i agree with you

This is basically what I have been thinking but have not been able to articulate it as simply as this

It would most definitely be a challenge to create something that helps people in this way

Did you have any specific ideas?

Hiya everyone

Would be cool if i could get some insight from you guys as I have tried my hand at developing two alternative currencies and have ran into some interesting stumbling blocks on both occasions

Myself and some respected friends have put together the LC Society. Literally, the "Loose Change" society. We are throwing what little coins we have together to build a project that can maybe stand the test of time

So far we have two university professors as members; an economist, and a computer scientist... and will welcome anyone else that would like to join us and throw some ideas together. ** cough, cough*** maybe a programmer **cough**

Anyway, the purpose of this post is maybe to gain some insight as to what people feel is missing in the alternative currency market, so that we can work together to perhaps create a solution

Thanks for reading

Yes, and what is amazing to me is that the rate of adoption by general public is slow due to 1. the government not being involved with bitcoin, 2. the government not being able to tax bitcoin, 3. the regulatory uncertainty of bitcoin

They don't understand that bitcoins sole purpose is to provide an alternative to government control

This is the same reason people get excited when banks come out in support of "the blockchain, and not bitcoin" even though bitcoin threatens the very existence of big banking

It's the worlds most efficient value transmission system, and will become even more valuable when the rate of BTC-to-BTC transactions surpasses BTC-to-FIAT transactions.

Once this happens, we'll begin to experience the 'true' value of the blockchain

Well, gold is set to begin a 10 year down trend... and Bitcoin being Gold 2.0, in a world that desperately needs a hedge against the impending global financial meltdown, can only mean one thing = moon

People struggle to understand that most of their fiat curreny is virtual/digital, so i'm not surprised that the general public struggle to understand the concept of digital currency

Just like everything, it will take time. Alot of consumer education will have to take place, and alot of brushing up needs to occur in terms of how bitcoin is being presented to the public

That's the impression they give off publicly, but they also say alot of other things publicly that are often exposed as being untrue.

Not only are there prominent commercial and investment banks involved with bitcoins, some of the world's most prominent 'central' banks are involved with bitcoin.

The bank of england's chief economist Andy Haldane has made many positive references to bitcoin and what with his ability to print british pounds into existence, im sure that they and all the other central banks can have a lot of fun pushing bitcoins price up and down over the next 10 years

Wouldn't logic dictate that you did the inverse? ... The old "buy low sell high?"

The best advice i'd give to a trader is not to take trading advice from anyone... and if you're dead set on trading, don't fall into the trap of "day trading." Look to exploit longer-term opportunities rather than reacting to every up tick of price movement

I use a mixture of both

The banks are still very useful when it comes to debt provision and debt management. There is currently no automated debt issuance functionality on the blockchain, so this is something that the banks still dominate and will probably continue to dominate for quite some time.

Bitcoin and other blockchain based technologies are useful for just about everything else.

So overall, a combination of both bitcoin and the traditional banking system works just fine for me, as they both have their strong points.

Huge traffic = ad rev

The more popular pure online wallet services live or die based on ad revenue

Then of course you have providers like xapo, coinbase etc that generate revenue via transaction fees and the like

I see plenty of ground left for bitcoin to cover

The large holders that cashed out throughout 2015 have already began to fire up the rainmaking machine to collect a second helping of profit

Bitcoin's best days are still yet to come, just based on the institutions that are so clearly involved

True

But for the technophobes out there, Bitcoin Core's UI does need to be much more simple than it currently is

Simply, yes. Bitcoin is Swiss banking 2.0, but without the bankers