AlgoSwan (OP)
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June 07, 2016, 08:55:44 AM |
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Can government defeat BTC if they start assassinating full node operators, people who use full node information from others, and anyone who uses Bitcoin?
Of course government doesn't literally need to assassinate these people, it can just use its coercive monopoly on violence to imprison them or otherwise harass them. (Example: Anyone who runs a full node in the US is jailed, anyone who runs a full node in a non-US is flagged as a terrorist.)
What do you think?
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Fortify
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June 07, 2016, 09:15:02 AM |
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Does the government assassinate people who buy gold? Do they kill people who use store vouchers? Would they destroy people who trade copper on commodities markets? There is no reason for them to do it and what's more, a decentralized currency is reasonably impervious to it. Not a very clever question
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ObscureBean
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June 07, 2016, 09:29:36 AM Last edit: June 07, 2016, 10:24:24 AM by ObscureBean |
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Node operators are like the heads of Hydra, you cut 10 off and 100 more pop up Governments have a better chance of controlling Bitcoin if they send their people to slowly infiltrate the community/system/network over time. It's always best to fight a system from within right? You should watch "The Departed", awesome movie
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gentlemand
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June 07, 2016, 10:08:27 AM |
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I truly believe they have better things to do with their time. And if they did want to mess with things then all they have to do is place a few phone calls to the isp people.
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bbc.reporter
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June 07, 2016, 10:43:50 AM |
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Can government defeat BTC if they start assassinating full node operators, people who use full node information from others, and anyone who uses Bitcoin?
Of course government doesn't literally need to assassinate these people, it can just use its coercive monopoly on violence to imprison them or otherwise harass them. (Example: Anyone who runs a full node in the US is jailed, anyone who runs a full node in a non-US is flagged as a terrorist.)
What do you think?
You can counter this by funding terrorist groups with BTC to wreak havok on the government.
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criptix
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June 07, 2016, 03:27:29 PM |
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A bitcoin node cost around 10 bucks a month? Why would anyone kill you for that?
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Moloch
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June 07, 2016, 04:19:39 PM |
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Typically, the gov does not assassinate people... it buys people... you are more useful alive than dead
Take a look at politicians... the Clintons have taken over $3,000,000,000 in bribes (that's 3 Billion, with a B)
There are only a handful of major mining pools now... bribe/blackmail 2-3 of them and you control 51% of the network
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gentlemand
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June 07, 2016, 04:50:42 PM |
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While there are some big ass farms owned directly by pool types, there's still enough other miners to simply go mine elsewhere. If there was the slightest sniff of a pool operator selling out they'd be abandoned in a matter of minutes.
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Cybertron00
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June 07, 2016, 09:37:38 PM |
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Well maybe the government will not do that because its a hassle they have more things needed to be taken care of than destroying bitcoin.
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countryfree
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June 07, 2016, 10:15:09 PM |
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Wow, hadn't thought of that. Murdering all miners and node operators. I guess that if one country does this, all the people involved with BTC in that country would just emigrate. But frankly, this is most unlikely to ever happen. As long as BTC doesn't harm anyone, it would take a dictator to impose such rules, and they shall have other priorities.
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I used to be a citizen and a taxpayer. Those days are long gone.
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Nouelle-Hunter
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June 09, 2016, 12:56:15 AM |
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Well in my opinion Government cannot assassinate bitcoin. Maybe they will try to control bitcoin's price so that It will not overthrow fiat currencies
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spazzdla
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June 09, 2016, 07:46:51 PM |
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A bitcoin node cost around 10 bucks a month? Why would anyone kill you for that?
To keep control of your slaves.
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criptix
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June 09, 2016, 07:57:30 PM |
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A bitcoin node cost around 10 bucks a month? Why would anyone kill you for that?
To keep control of your slaves. killing slaves just makes them disappear, to control slaves you just need capital punishment - fear and terror. (cutting off extremities and stuff like that)
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AlgoSwan (OP)
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June 10, 2016, 08:08:05 AM |
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A bitcoin node cost around 10 bucks a month? Why would anyone kill you for that?
To keep control of your slaves. killing slaves just makes them disappear, to control slaves you just need capital punishment - fear and terror. (cutting off extremities and stuff like that) they only need to assassinate a few people and everyone else would get the message.
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BADecker
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June 25, 2016, 02:04:03 AM |
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From https://bitcointalk.org/index.php?topic=1524766.msg15352852#msg15352852: What is this most important point? If you are ever taken to court by government for anything and everything you are taken to court for, you must demand that the injured person appear, take the stand, "show" his injury, and prove it was you that did the injury. And it has to be a REAL injury. This is of top importance for you to do if you want to win. and All the attorneys understand this stuff. But many (most?) of them will not even tell you about it, but will let you be fined or go to prison rather than help you beat the government.
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AlgoSwan (OP)
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June 25, 2016, 07:29:43 AM |
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Well I think they would not try to assassinate bitcoin. I think they will try to control it rather than kill it. That way, they can use it to their advantage.
Excellent point. But how can they control it and use it to their advantage? Any possible scenario in your mind?
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Jet Cash
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June 25, 2016, 07:48:15 AM |
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Adrian Ash, head of research at Bullion Vault, said in an email to Kitco News at within the last 24 hours his company has seen “crazy” demand from its U.K. clients as they have bought a combined total of £1 billion in gold bullion. U.K. residents now hold more gold than “most of the world’s central banks, and more than all but the world’s 11 largest ETPs,” he said. Why would the government try to destroy Bitcoin? There are too many alternatives to fiat money, and I'm not even including the alts.
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AlgoSwan (OP)
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June 25, 2016, 08:52:39 AM |
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Adrian Ash, head of research at Bullion Vault, said in an email to Kitco News at within the last 24 hours his company has seen “crazy” demand from its U.K. clients as they have bought a combined total of £1 billion in gold bullion. U.K. residents now hold more gold than “most of the world’s central banks, and more than all but the world’s 11 largest ETPs,” he said. Why would the government try to destroy Bitcoin? There are too many alternatives to fiat money, and I'm not even including the alts. Frankly speaking, Ethereum is more dangerous for governments than BTC. Recent attack on DAO may give some hints for this! And you're correct about too many alternatives to fiat. The question is which one is powerful alternative to fiat? Of course BTC.
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