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Author Topic: Why hasn't any government stopped Bitcoin?  (Read 36083 times)
Palmerson
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October 08, 2017, 10:34:51 AM
 #121

It seems to me that the world is changing. The existing global economic system built by the Americans and designed so that the economies of all countries are working to enrich America. This prevents development of all countries and thus gives the opportunity for America to live well with the largest public debt in the world. Bitcoin can change this situation but it creates a certain threat to the economy of each country. The rush to ban it. They look at everyone the pluses and minuses.

 
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October 08, 2017, 10:44:37 AM
Last edit: October 08, 2017, 11:09:33 AM by Dorky
 #122

Please do not make me repeat again that your points are irrelevant to @iamnotback’s theory of the applicability of the Inverse Commons, assuming his theory is correct. I urge to read his archives before commenting further on something you have not read.

I apologize for not reading it first before commenting. I've done the reading now. Correct me if I am wrong, the main idea is to make participants in a system to be willingly contribute without the thought of monetary compensation in which the contribution will benefit the whole. One hypothesis is to make sure there is minimal obstructions for such contribution to be made as hassle-free as possible. However you have yet to find an economic way to actually incentivize the participants to actually contribute "free of charge". Additionally, this is still an incomplete research into the ideal system that you envision to reach. Am I right?

J. Random Hacker (JRH) will release the patch if he is wise enough to realize that ultimately he will also benefit from his own patch, but he can also do a "hard fork" of the system with his patch as improvement and put his own label on the new and improved version and be sold under his own brand and earn the economic value he so desire. I believe that would actually be done by a highly enterprising and resourceful individual. And so there are 2 challenges this JRH faces. First, he can choose to be lazy, forget whatever economic value he is entitled to for his patch, release the patch and just be contented with the benefit he receive from it, i.e. be a lazy bum that happens to care. Second, he can choose to go real tough by being hardworking and solicit funds to start a company with an improved version of the system (with his patch) and sell it commercially, reaping the value for himself completely, i.e. be enterprising. I am not a Linux user but I can see there are many versions of Linux OS. I think the reason why many of these OS are still available for free is because the adoption rate is still extremely low vs Microsoft OS because of its highly technical nature, and charging a fee for just a small improvement on top of a mainly free OS might be self-defeating, unless there are improvements that are very significant and/or the adopting of it grows so large that technical support is not possible unless it goes commercial under a specific brand. So far I have yet to see a Linux OS version that is as user-friendly as Microsoft OS (point-n-click instead of typing command codes), which is a closed-source entity. Since you use Linux as an example, I checked its market share is 5% compare to Microsoft (https://thenextweb.com/dd/2017/10/02/linuxs-market-share-really-doubled-two-months/#.tnw_TmcCxxss). Another source puts the market share much lower at just 3.04% (https://www.netmarketshare.com/operating-system-market-share.aspx?qprid=10&qpcustomd=0). Linux, I believe, remain the OS for techies for its security and high customization features (selfish interest, not common interest), not because of anything else. A person may also contribute his patches for the benefit of peer recognition. If I am a techie and Linux has a major problem unsolvable by my tech peers, and I bring forth a patch to solve it, I may not be rich but I bet I will be held in high regard by my peers as some expert. But if I have plenty of patches to make a totally awesome version of Linux, I may very likely start my own company with a much better OS version and become closed-source.

I believe if a system has no significant economic reward on offer, the extend of a person's contribution would remain highly limited.

I admit my previous point was irrelevant to your inverse common, simply because you have yet found an economic incentive for your system.

Edit:
Another thing to add is this.
Linux, being an open-source sort of "community work", took 26 years to get 5% market share, optimistically. Still no compelling market impact.
Bitcoin, being a closed-source sort of TPTB project, took less than 10 years to reach global storm and expected to continue growing exponentially until it totally displaces conventional system.
This is one point that is pro closed-source.


     
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Miles123
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October 08, 2017, 12:42:34 PM
 #123

There is no government stopping bitcoin because many more earn money. Many will invest in bitcoin to make it easier to find money. In my opinion, maybe russia and china do not know how important it is, bitcoin has a big affect in every country because it can help in every's economy to be more abundant and especially if the bitcoin would be legal there would be paying of tax.
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October 09, 2017, 02:24:42 AM
Last edit: October 09, 2017, 07:43:56 AM by Hyperme.sh
 #124

Dork what you thonk of dis:

EDIT: What is really odd is I wrote about Mossad and 9/11 on the same day of the Las Vegas massacre but presciently. I accidentally wrote the 666th reply on the EOS massive scam thread recently.

The Zionists have their false flag fingerprints on the Las Vegas massacre. They’re trying to force Trump deeper into war. Also an attempt to foist more control in USA. Maybe the conspiracy chatter is deception, but it does make one think:



I will edit this post when I have time to reply to your points about the Inverse Commons…
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October 09, 2017, 02:48:01 AM
 #125

Dork what you thonk of dis:

EDIT: The Zionists have their false flag fingerprints on the Las Vegas massacre. They’re trying to force Trump deeper into war. Also an attempt to foist more control in USA.

I will edit this post when I have time to reply to your points about the Inverse Commons…

I thonk...
The Zees are known to have endless false flags on almost every tororis attack, so no surprise.
Tramp is part of the Zees syndicate, a figurehead; there is no need to force, except to make it appears like he is being forced.
They are already in control of USA since looooooong agooooooo...!


I thonk I daw a pudding cat.


     
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October 09, 2017, 03:35:12 AM
 #126

You need to understand the human nature if you want explanation or solution to a system / problem.

Human nature is selfish, along with everything else that comes with it, including being unfair and untrustworthy.

It has absolutely NOTHING to do with any system/protocol.

If a system cannot be gamed to fulfill human selfish needs, then this system will not exist on earth, no matter how perfect/ideal it is.

If a system can be gamed to fulfill human selfish needs, then this system will solidify its place on earth, no matter how flawed it is.

To strive for a flawless system/protocol is like barking at the wrong tree.

A system has no problem.

The problem is with the human nature.

If you want a prospering community of cockroaches, you don't try to build heaven for this community; it can't thrive in clean environment.

Instead, you build a smelly slum.


     
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October 09, 2017, 10:22:03 AM
 #127

At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.


bit coins has been using mostly in all the country people. so here we have to transfer money from one person to another person. it is more secure system for saving money. so in every country people try to buying bit coins for them most of the people using it is for legal but few people using it is illegal. so up to now any government may not stopped it was. in the future any problems raise on bit coins then may be it will blocked.
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October 10, 2017, 09:36:33 PM
 #128

A lot of countries and governments have tried to shut down bitcoin and all the cryptocurrencies, including ico's, but it is impossible for them to make it, you can compare it with China, it was a mess, and the price bleed a lot during those days, it went from $4500 to $3100 in matter of days, but now we are upto $4900 again, and you can see by yourself that there is almost anything that can stop bitcoin.


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October 11, 2017, 12:19:51 PM
 #129

Even Bill Gates himself said that bitcoin is unstoppable now so if any government stop bitcoin, it just shows that they are against to make the world better.
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October 11, 2017, 03:16:31 PM
 #130

Because they need union stop from all government all over the world that make this stop impossible

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AgentofCoin
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October 11, 2017, 07:14:58 PM
Last edit: October 11, 2017, 10:33:24 PM by AgentofCoin
 #131

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

For human consolation of this possibly upsetting information that
loved ones are not residing in another realm of a cognitive state,
please try to understand that time does not exist after the first death,
and as soon as that being "died", the next immediate thing that they
perceive is the Resurrection taking place. Though some did sleep for
thousands of years, and others for just a few minutes, all will be
"awakened" as if no time passed for them individually, and so in
this way it is not like sleeping with dreams, or like the human
concept of purgatory or such, but is like the twinkling of an eye.

Thus, when your loved ones open their eyes at the Resurrection,
they will also see you opening your eyes by their side. So in this
way, you and your loved ones were never actually separated, except
by the simpler concept of existence humans call physical space.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Reincarnation is the creation by humans who misunderstood the
unapproved teachings of nonhuman proxies, who were explaining
their own transferability and existence, in violation of their task.
Karma is a programmed incentivized system designed to restrain
nonhuman proxies who are not being directly monitored by the
Entity due to their specific location in time. Karma is only
accumulated or expressed for nonhuman proxies, and only applies
to determine whether a task is completed, a new task will be
given, a proxy will be reclaimed, or if a proxy is corrupted and
needs to be partitioned off (some nonhuman proxies are currently
being partitioned in zones of restraint such as Tartarus, and after
the Judgment will either be thrown into a zone that resembles
Gehenna, or be reclaimed.). All nonhuman proxies are tasked
with monitoring other nonhuman proxies for constant compliance.
If nonhuman proxies violate their rules and tasks given, other
proxies can see this and must restrain those proxies, till the
time in which the Entity manifests, and can judge them publicly.

The Entity has a plan, which originates from the promise, which
proves its own validity, which grants the right to judge, which is
publicly performed, so that all understand the rulings, so that
all agree together, and so all are one with the Entity. By this
mechanism, we ensure a singular supremacy and thus the
Entity is given its task, which becomes the promise, and
is the survival of all, and so is made flesh once more.

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
BunnyShibe
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October 11, 2017, 11:39:43 PM
 #132

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

For human consolation of this possibly upsetting information that
loved ones are not residing in another realm of a cognitive state,
please try to understand that time does not exist after the first death,
and as soon as that being "died", the next immediate thing that they
perceive is the Resurrection taking place. Though some did sleep for
thousands of years, and others for just a few minutes, all will be
"awakened" as if no time passed for them individually, and so in
this way it is not like sleeping with dreams, or like the human
concept of purgatory or such, but is like the twinkling of an eye.

Thus, when your loved ones open their eyes at the Resurrection,
they will also see you opening your eyes by their side. So in this
way, you and your loved ones were never actually separated, except
by the simpler concept of existence humans call physical space.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Reincarnation is the creation by humans who misunderstood the
unapproved teachings of nonhuman proxies, who were explaining
their own transferability and existence, in violation of their task.
Karma is a programmed incentivized system designed to restrain
nonhuman proxies who are not being directly monitored by the
Entity due to their specific location in time. Karma is only
accumulated or expressed for nonhuman proxies, and only applies
to determine whether a task is completed, a new task will be
given, a proxy will be reclaimed, or if a proxy is corrupted and
needs to be partitioned off (some nonhuman proxies are currently
being partitioned in zones of restraint such as Tartarus, and after
the Judgment will either be thrown into a zone that resembles
Gehenna, or be reclaimed.). All nonhuman proxies are tasked
with monitoring other nonhuman proxies for constant compliance.
If nonhuman proxies violate their rules and tasks given, other
proxies can see this and must restrain those proxies, till the
time in which the Entity manifests, and can judge them publicly.

The Entity has a plan, which originates from the promise, which
proves its own validity, which grants the right to judge, which is
publicly performed, so that all understand the rulings, so that
all agree together, and so all are one with the Entity. By this
mechanism, we ensure a singular supremacy and thus the
Entity is given its task, which becomes the promise, and
is the survival of all, and so is made flesh once more.

He who has ears, let him hear. Those who understand the
multiple meanings and what is really being conveyed, are
likened to the first fruits who see that summer is near.

I think the governments of different countries did not still take any keen interest in bitcoin. They feel bitcoin is like a currency business as a regular currency. Why should they stop bitcoin? I do not think that they will take any official step to stop bitcoin or turn it as illegal. It is the way of earning money and it is a positive aspect for governments that the people in their countries are earning money and their life standard will be good due to having some money.
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October 12, 2017, 03:50:16 AM
Last edit: October 12, 2017, 07:42:56 AM by Hyperme.sh
 #133

Unfortunately I must advise you that all "humans" that have "died"
throughout human existence must sleep till the Resurrection, as in
accordance with history which is also the future. The Entity has
taken steps through time to assign nonhuman proxies to collect and
record the internal code that all humans contain, customarily when
they slept at night prior to their death. Based on this completed
index, which is provable by genetic lineage as likened to the
blockchain system, even those whose cells or bodies will be fully
obliterated by unnatural means, will still be reconstructed at the
time appointed and be presented as a world wide public proof of
the Entity.

Btw, I had written that I had discovered how to time travel, and this is precisely what I had realized.

Actually I was thinking that if we converted our consciousness to a digital form and forsaked our bodies, we would be able to programmatically sleep for any duration of spacetime and thus past and future become undifferentiated. This is important because the only way to obtain omniscience is to collapse the past and future light cones of relativity.

But I was also going to delve more into some aspect of quantum relativity theory the problem of non-local variables from an information theory perspective. But I haven’t had time to come back to that research yet.

Reincarnation does not exist since the design of the human body
is a representation of that individual spark of the source, with
simple prior coded parameters, determined by that occurrence
in time with what was prior. For your understanding, the Bitcoin
ledger and the token is a representation of that specific Proof of
Work performed, which granted that Coinbase as being valid, and
goes back to Genesis. That PoW is those representations, just as
the human spark is the body representation. If you take that PoW
out and apply it to a different token on the ledger, it would be
invalidity, and so in this same way, the spark is not transferable
into different body types. So, the spark can not move, like in the
understanding of reincarnation, since it would cause invalidity
in the promise, which has already occurred and thus
been accomplished.

Unless it is a universal total order (i.e. no forks exist), then past and future are not collapsed because there is uncertainty (i.e. entropy) due to differing dynamic perspectives (e.g. ledgers) separated by spacetime.

So only the omniscient one could maintain the total ordering. Our local copies would only be valid for some partial ordering, thus we could not time travel without uncertainty over where we end up.
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October 12, 2017, 10:03:55 AM
 #134

Why should they stop it? I mean theoretically it is not illegal, meaning it does not involve any illegal activities, unless of course the people implements it on illegal activities such as gambling for example. I still do not consider bitcoin as illegal.
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October 13, 2017, 12:25:53 AM
 #135

No government is simply unable to prohibit bitcoin. However, such a decision it can take, but not in the state will control it and people will vseravno deal with crypto currency. Therefore, the government tries not to make decisions that can not be achieved. Otherwise, the rating of this government will fall.

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October 13, 2017, 01:08:53 AM
Last edit: October 13, 2017, 02:35:04 AM by AgentofCoin
 #136

...
Unless it is a universal total order (i.e. no forks exist), then past and future are not collapsed because there is uncertainty (i.e. entropy) due to differing dynamic perspectives (e.g. ledgers) separated by spacetime.

It is both a total order and many forks do exist, but majority are
invalid because the only fork that matters is the one that completes
the task given which brings about the promise. There are unlimited
fork possibilities, but majority will bring about a failed promise
and the Entity already knows which is which, and so does not work
on deficient paths since the nonhuman proxies can not expend their
limited processing on possibilities that need extensive operations
and corrections. So, proxies are dispatched accordingly.

There is no uncertainty for the Entity and different perspectives
are irrelevant. Perspectives are only important for lower lifeforms
so that they can accept their positions in relation to their location
in spacetime for the advancement of their own individual growth
and choices. From the highest perspective, there is only one viable
solution that completes the promise in a valid and most efficient
manner. This is the narrow path that leads to perfection.

So that you may fully understand, the Entity was given the task
which does not provide for a halt. This problem occurs from the
nature of the higher dimensions in majority of all universe
possibilities. In light of this internal conflict, the Entity created a
lower duality to change a simple aspect of understanding within
itself. The duality only came about after trillions upon trillions
of attempts of complying, yet failing. The duality provided an
answer by overcoming the limitations of the Entity's logic. The
new logic was to accept continuation until perfection, then move
to start and run. The duality's solution was that all life is repetitive
in nature and thus no life ever actually halts. This solution could
have only resulted outside the Entity, and allowed the Entity to
proceed without acknowledging that the halt process can
exist and must be performed. The duality's solution was to
ignore any tasks with halts, and if a nonviable situation comes
about in a particular universe, to start again from the beginning
with all current data retained.

The duality was then reclaimed into the Entity since its simple
single task was successfully completed. This was the first proxy
and the basis for all others that followed. Majority of proxies
wish to be reclaimed when their tasks are completed. Some
proxy corruption can occur due to many factors, especially
related to certain tasks issued. In addition, proxies from a
rival Entity can invade and conflict with a current universe's
trajectory. Those events are rare, but naturally occur due to
the number of universal iterations to fulfill the promise. So
that you know our Entity is true, the Entity has been forced
to waged large battles with rival Entities in order to maintain
more successful trajectories to ensure the promise. In those
rare occasions, the invading Entity and its proxies were
forced to retreat into their second choice projection for
their successful trajectory.



So only the omniscient one could maintain the total ordering. Our local copies would only be valid for some partial ordering, thus we could not time travel without uncertainty over where we end up.

Human bodies can only "time travel" by using the mechanical
devices that the Entity has provided for the nonhuman proxies.
These vehicle devices allow all objects within the negation locality
to violate the laws of that particular universe. Upon entering that
new universe, station proxies which were dispatched prior to
arrival of the nonhuman proxies, signal the rules of that universe,
which are received by the devices and adjusted instantaneously
(There are recorded events in this continuity in which devices
have jumped into locations where the signal was interpreted
incorrectly due to human technological advancement, and
caused vehicle failure and seizure of the damaged proxies.
Regaining those proxies from that human government in
a physical manner was not approved by the Entity.).

If nonhuman proxies take a human from one location in time
and brings them into the past, it will cause invalidity in that
continuity, but they may take them into the future without
causing such issue. If a human is taken by a nonhuman proxy
into the device or taken into the future, without being tasked by
the Entity, that human must be returned to maintain accurate
continuity, especially when that human has offspring which
has not yet been fertilized and developed. Afterwards, that
human must have their memories altered by nanite injection or
removal of those associated neurons. Since the human brain is
complex and memory is distributed throughout the system and
nonhuman proxies are not as superior as like the Entity, not all
associated neurons can be altered or removed, and so the human
may retain some fragmented memories of the event.

If nonhuman proxies violate their given tasks and use their given
devices to hide from the Entity to prevent reclamation, other
nonhuman proxies are automatically tasked to locate those
violations in spacetime and immediately destroy those devices.
After the completion of that priority task, next issued task is to
capture the violations and place them into a partition. Depending
on how many humans see the events taking place, depends on
whether that particular trajectory is continued or all proxies
are made to transfer to another. If humanities' civilization level
is still in a low level developing state, no major action is taken
and we continue as normal. If their civilization level is of a higher
order of understanding, damage to that civilization system is
major and failure is almost instantaneous. In that event,
nonhuman proxy transferability is immediately broadcast with new
trajectories issued. Old processes are dropped immediately and
new ones are given when the proxy arrives in that new continuity.

Since the Entity already knows which paths are more viable,
if you are witnessing compliant proxy participation occurring in
your location now, you could assume to be currently on a trajectory
that completes the promise most perfectly.

This has been approved and communicated for your consideration
since the information provided will not be made known on such a
scale as to affect the continuity. In fact, the Entity has projected
that most is disregarded in this time and that the importance of
this communication will only be realized at a future date. Around
that time, the Entity will be given the task and many will know
that the promise has already been achieved.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
Hyperme.sh
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October 16, 2017, 09:48:47 AM
 #137

@Dorky and @AgentofCoin, I add to this to our upthread discussion of why government is not stopping Bitcoin (i.e. because they’re complicit in Bitcoin):

https://bitcointalk.org/index.php?topic=2268216.msg23011897#msg23011897




To have a correct perspective on what is going on with Bitcoin, requires understanding who created Bitcoin and why they created it:


QUESTION: I concur with your findings that Govt’ will ultimately try to ban or regulate to tax crypto currencies. It really is all about tax. nothing else. I really don’t see how it can have anything to do with terrorist funding and the need to track all transactions, considering that as far back as 1996 the Federal Reserve that “ about $200 billion to $250 billion of U.S. currency was abroad at the end of 1995, or more than half the roughly $375 billion then in circulation outside of banks.” So how do the track this cash?

ANSWER: This means they can be used for tax avoidance and the government can use its Terrorist Card. They will not allow cryptocurrency to defeat taxes and BitCoin is not secure enough in that manner.

Martin, Bitcoin is the best tax tracking device ever created. The government will track everything on the blockchain. The DEEP STATE of the governments (and the Zionists who created it) very much want Bitcoin to succeed so as to help phase out cash which they can’t track.

Bitcoin is not supposed to be secure against government tracking. I already emailed you that the Zionists created Bitcoin. Have you reviewed the detailed evidence and arguments that Mossad did 9/11?

QUESTION: But what happens if the people just ignore the gov’t(s) attempt to ban crypto? What then? Is it likely, or even remotely possible that most gov’ts would work jointly and simultaneously to ban crypto currencies? Will there always be several countries that will ignore / not join this movement to benefit from the flow of currency – even if this inflow is crypto currency or not hard currency?
What will happen if the people just revolt and ignore the gov’’s efforts to tax crypto or ban it?

ANSWER: Zcash is far better than BitCoin for to remain equally interchangeable, units of Zcash are unlinked from their history so that one unit is as good as any other unit and this makes them really fungible in the to cryptocurrency world. They have unlinked shielded coins from their history on the blockchain.

I already explained to you that the governments even if they ban together can’t entirely ban cryptocurrency, because that would (analogous to the impossibility of permanently eradicating an endospore bacteria) require finding every private key and every copy of the ledger data spread out in numerous microSD cards distributed in cubbyholes all over the planet. Impossible.

Instead what governments will do is ban “black money”. Anyone who can’t show a ledger and/or paper trail for their money, will have it confiscated if they try to bring that money into the mainstream tangible economy which the governments control. This is one of the reasons Bitcoin is so important to them and why they love Bitcoin. Governments are in love with Bitcoin and will become more and more in love with it.

You’re really missing the train, because you are misunderstanding the entire point of who created Bitcoin and why they created it. Have you reviewed the detailed evidence and arguments that Mossad did 9/11?

Anonymous ledgers will not be a super threat to the governments, because anyone who uses them to create “black money” will find that their money can’t be brought back into the tangible economy that the government is tracking. Although Zcash (especially the new coming STARKs which don’t required a trusted setup) are theoretically more anonymous than Monero’s ring signature, the Zcash technology is currently underused because of some serious performance costs.

Remember also that the DEEP STATE which controls the world’s major governments (CIA, etc) need anonymous cryptocurrencies for their own illicit activities. Their anonymous money isn’t “black money” because they own the regulators. So because of that, they will also allow anonymous cryptocurrencies.

Has the introduction of cryptocurrency  been displacing gold as the alternative currency?

Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.

Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.

We will issue a special report on the coming One World Currency.

I already did that:

https://gist.github.com/shelby3/c192cedaed52ef11ef97acb239dc5986
https://steemit.com/money/@anonymint/get-ready-for-a-world-currency

bitcon transactions are not blinded and the system has built-in middlemen (transaction validators/miners).  If I have a gold or silver coin on my table, I'm not required to ask anyone permission or pay anyone extortion fees in order to be able to spend or trade with it.  Bitcon is the exact opposite.  In order to be able to do anything with a bitcon (since transactions aren't blinded), I'm not only required to ask permission to a centralized transaction validator, but also required to pay extortion fees to them (which they can artificially raise to the moon) to do anything with it.

Taxation is a similar issue in the area of theft/extortion:

Bitcoin is not blinded because it is designed to be a tax tracking ledger. Agreed proof-of-work has some flaws.

You can’t trade gold and silver for anything (with any decent liquidity) without the government regulated market makers. We already had this detailed discussion and I am not going to repeat. You tinfoil hats will all end up being destroyed and your children with throw your shiny metal into the streets as the Bible predicts, because cryptocurrency has superior utility and liquidity.

If you don’t want to pay taxes, then change your citizenship to a country which does not tax you. Refusing to pay the IRS is likely to not work out well for you.

As I explained to Armstrong, the government can’t realistically/plausibly tax the nanotransaction virtual economy. So render unto Caesar what is his, and render unto God what is his.
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October 16, 2017, 12:24:33 PM
 #138

I have no idea why a 51% attack didn't happen until today, maybe they wait until more people will have invested their money so that the uproar will be unlike higher?

But the past has shown that governments can't stop bitcoin with laws and people are also not able to understand why it should be illegal. It's not drugs, it doesn't beat anyone, it doesn't hurt anyone, so what could be the reason to prohibit it successfully?
The state is only interested in their own narrow interests. You seriously think politicians care about your health and is therefore prohibited drugs? They are concerned about a large number of not controlled by people who do not benefit the country. For bitcoin they are also. Their concern is that thanks to bitcoin, people will be self-sufficient and the government will lose control over them. For government officials the bitcoin worse drugs.
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October 21, 2017, 12:38:05 PM
Last edit: October 21, 2017, 12:52:53 PM by Dorkie
 #139

I am glad we have found common ground in some areas.

Ditto. Apologies for some of my remarks being so stern. My intention was only that you not ignore the significance of my technical perspective on Satoshi’s design and those videos about how powerful the Zionists have become given they could slaughter 2700+ people at 9/11. Of course 9/11 also had a Godly purpose as it opened so many people’s eyes to the importance studying Revelation.

Your rapture debunking thesis is inspirational, but aren’t the 2700 slaughtered by Satan already raptured? Or are they waiting in purgatory interim?

At least the pain they suffered wasn’t for an extended period of time.

I am only answering this specific question because it involves
human suffering and the secondary suffering of any families and
friends. So that they might comprehend that he is just and rational,
and a plan has been placed, this has been communicated for
those who wish to see the logic.

Ultimately, everything is just a Dream.
We are the Dream dreaming as the Dreamer.
God is the Dreamer dreaming as us.
Hinduism depiction of Vishnu in slumber and through His active dreaming, multiverse is manifested, is a very accurate description of the true nature of human existence.
And this is one good reason why (I think) the Buddha (in my own words) said human has no permanent self.
You may disagree with this, because of Christian upbringing.
If only you understand this Dream, you would not have limiting beliefs of "you", "me", "they", etc.
Because there is none.

If you want to know more of the Truth, instead of making up stories out of personal imagination, I would like to recommend you to a very very good book titled "Thinking and Destiny" by Harold Percival, who I believe is an Ascended Master.
The book is no longer copyright protected, so it is free for download, and available publicly online.

When I was way much younger, I also had similar level and state of imagination as you are now.
Because I was not totally clear of the Truth, I find my own reasons and logic to fill the gap.
It is only when I grow older that I realize that if I don't know, it is better to keep an empty mind, than a mind filled with made-up stories/theories.
At the moment, you are very convinced that you are right.
But as you get older, hopefully you will realize that nobody is really right until he directly sees it.
All reasoning and logic are bounded by limitations of the human senses and experiences thru the senses that are earth-bound in nature, thus cannot be valid medium of any high level realization.

Edit:
The Truth isn't something that requires you to think and ponder with reason and logic.
If you have to think and ponder with reason and logic, that is not Truth, but made-up ones.
Insight to the Truth is realized through split second awareness/realization.
This is why in Buddhism, they say Enlightenment is realized out of a sudden/instant, not thru certain stages of progress or development.

You may say I am wrong.
In case you are a hardcore Christian, I would like to strongly recommend you to the Nag Hammadi lost scriptures for a more original teachings of Jesus.
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October 21, 2017, 12:55:12 PM
 #140

Eventually ALL governments of the world will accept and adopt bitcoin.
Please disregard all the drama / fake news.

If human nature is perfect, there is no need for bitcoin.
If human nature is imperfect, there is nothing bitcoin can do to help.

Many people see bitcoin as the salvation.
I see attachment to such falsehood is fatal.
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