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Author Topic: Hilarious Bitcoin Conspiracy Theory  (Read 987 times)
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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."


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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.

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
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A Great Time to Start Something!

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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.   Roll Eyes

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
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June 11, 2011, 09:28:19 PM


Trolls everywhere...
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