Bitcoin whitepaper says:
“The incentive (to mine blocks and generate coins) may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments or using it to generate new coins. He ought to find it more profitable to play by OUR rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.”Mmmm … if this ever did happen a lot of elements of (dare I say it) a Ponzi scheme (http://en.wikipedia.org/wiki/Ponzi_scheme) would come into play … Where everybody jumps on the same bandwagon and first entry get's rich, and the last end up HODLing the empty bag"PLay by the Rules Get rich, HODL, ..." from day one it was all laid out that BITCOIN was to be a HUGE pyramid scam where 'honesty' would lead all the lemmings to riches, the oldest trick in the book actually in the history of chain-letters, and pyramid-scams, and ponzi-operations. "Trust" is always the first step in fraud, funny that they call BTC a "Trustless" system, its very religious your supposed to believe in something that your told that doesn't even exist.
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This was written in 2012, mmm a lot of people HODL, a lot of people play along with the 'rules', and indeed those at the top of the pyramid did get rich, those at the bottom by definition are left HODLing the empty bag as always,
More telling IMHO is the Satoshi Papers which are on Torrent, a collection of all correspondence to/from Satoshi from 2008-2012, the interesting thing is the day Satoshi dissapeared is the day ( Gavin ) met with CIA, about the same time wikileaks was breaking up with paypal and adopting bitcoin; Satoshi is/was NSA, and he knew the gig was up when his co-dev's were meeting with the CIA, certainly they obtained the information to learn who was the 'real satoshi'.
Like always most likely this was just a 'project gone wild', doesn't look good for USA INTEL to be defrauding the American People ( and all people on earth for that matter )
