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Operatr
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April 13, 2013, 05:16:32 AM
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Thinking about Bitcoin, a couple points came to my mind that I find funny-

In the 1960s, Government research birthed Arpanet, evolved to the modern Internet as we know it now

In 2001, the NSA released standards for the SHA-256 cryptographic protocol

In 2009, Bitcoin was given to the world.


So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin

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DrG
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April 13, 2013, 06:11:11 AM
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Are you referring to the Federal Reserve?
Operatr
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April 13, 2013, 06:36:06 AM
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Are you referring to the Federal Reserve?

No, just the fact Bitcoin uses technology that the US Government originally funded and developed for their own ends. Bet they never thought this is what it would be used for in the future.

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April 13, 2013, 07:09:17 AM
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Yeah but 80% of the crazy crap was invented in the US last century.  We just have bad follow through cuz we're lazy.  Leave it to a Japanese guy  Cheesy
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April 13, 2013, 03:55:11 PM
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So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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April 13, 2013, 10:48:09 PM
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Gold pure gold!
Operatr
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April 14, 2013, 02:30:08 AM
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So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

Well, that is true enough. The graph of total US debt started going straight up in the 70's when that occured.

Maybe the better way to say it is they gave us the tools to fix it ourselves since obviously they cannot.

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April 14, 2013, 02:35:33 AM
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So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

Well, that is true enough. The graph of total US debt started going straight up in the 70's when that occured.

Maybe the better way to say it is they gave us the tools to fix it ourselves since obviously they cannot.

I agree wholeheartedly with that sentiment!

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
imanikin
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April 14, 2013, 02:45:05 AM
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...
So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin
The ones to thank are actually the American taxpayers, from whom the US government took the funds to create the government and related jobs and resources to develop these technologies, and from which many of those taxpayers did not directly benefit.

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April 14, 2013, 12:06:47 PM
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...
So, thank the US Government for giving us the tools to destroy thier own currency system someday Cool Grin
The ones to thank are actually the American taxpayers, from whom the US government took the funds to create the government and related jobs and resources to develop these technologies, and from which many of those taxpayers did not directly benefit.

In the end that is where the means came from. I guess we can thank ourselves and our parents?  Grin Grin

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