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Author Topic: What if Bitcoin Mining is a Cover?  (Read 3869 times)
Synethstesia
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June 14, 2013, 04:49:47 AM
Last edit: July 29, 2013, 06:16:33 AM by Synethstesia
 #1

What if the NSA created Bitcoin, and the mining network was created to help them process the billions of phone calls they record every day?  Shocked  Grin

(This was a hypothetical)
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June 14, 2013, 04:54:43 AM
 #2

You're just now finding this out?

Where do you think all that hashing power goes? 'Confirmations'? Right...

/tinfoilhat

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cWq34#9tH-3
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June 14, 2013, 05:08:02 AM
 #3

Excellent point. who knows what that program is really doing. Sure it might be hashing bitcoin, but what else is it doing? And what else is it sending from your personal computer? This is why I'm switching to multibit. I'm not having some large invasive program constantly running in the background on my pc.
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June 14, 2013, 05:34:41 AM
 #4

And what else is it sending from your personal computer?

It's not sending anything from your personal computer. Just check the packets or source code.

However, if I were a large state agency what better way to yield the most powerful hashing network on the planet than create a digital currency out of work produced. I mean, think about how much hashing power the network has and will have in the near future. A single 6990 can brute force passwords in minutes... now multiply that by...

"Solve this block and receive a 25BTC reward!"

Wait, what did I just solve?

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cWq34#9tH-3
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June 14, 2013, 05:40:44 AM
 #5

uh yeah sure. I'll do all that as soon as I get my degree in computer science.

And the point is..... I will not trust that program unless and until another source that I trust such as the EFF says that they have verified the code. Something the btc community should get done anyway because it would give confidence to a lot of us.
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June 14, 2013, 05:41:13 AM
 #6

And what else is it sending from your personal computer?

It's not sending anything from your personal computer. Just check the packets or source code.

However, if I were a large state agency what better way to yield the most powerful hashing network on the planet than create a digital currency out of work produced. I mean, think about how much hashing power the network has and will have in the near future. A single 6990 can brute force passwords in minutes... now multiply that by...

"Solve this block and receive a 25BTC reward!"

Wait, what did I just solve?

genious...

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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June 14, 2013, 05:47:54 AM
 #7

There is a price for everything.  depends on what you are willing to give in return for something.... just saying
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June 14, 2013, 01:19:20 PM
 #8

OMG!! Bitcoin is Skynet!! Grin

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June 14, 2013, 01:26:20 PM
 #9

Here is the source code : https://github.com/bitcoin/bitcoin

Read it and comprehend it, then stop posting this conspiracy bullshit,

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June 14, 2013, 01:29:59 PM
 #10

Here is the source code : https://github.com/bitcoin/bitcoin

Read it and comprehend it, then stop posting this conspiracy bullshit,
Finally, someone without this crazy paranoia.  Smiley


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June 14, 2013, 01:34:49 PM
 #11

Here is the source code : https://github.com/bitcoin/bitcoin

Read it and comprehend it, then stop posting this conspiracy bullshit,
Finally, someone without this crazy paranoia.  Smiley
Amen. It's freakin open source dude. Where is anything hidden from anyone?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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June 14, 2013, 01:37:26 PM
 #12

Here is the source code : https://github.com/bitcoin/bitcoin

Read it and comprehend it, then stop posting this conspiracy bullshit,
Finally, someone without this crazy paranoia.  Smiley
Amen. It's freakin open source dude. Where is anything hidden from anyone?
It's against all prinicples. How OPEN source can be closed?


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June 14, 2013, 02:06:01 PM
 #13

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...

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June 14, 2013, 02:12:32 PM
 #14

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...
Oh come on, more conspiracy theories.  Sad


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June 14, 2013, 02:22:52 PM
 #15

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...
Oh come on, more conspiracy theories.  Sad

Wow you really don't have a sense of humor.

QuarkCoin - what I believe bitcoin was intended to be. On reddit: http://www.reddit.com/r/QuarkCoin/
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June 14, 2013, 02:23:34 PM
 #16

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...
Oh come on, more conspiracy theories.  Sad

Isn't this a fun, parody thread? Or is someone being serious here?

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June 14, 2013, 02:26:19 PM
 #17

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...
Oh come on, more conspiracy theories.  Sad

Isn't this a fun, parody thread? Or is someone being serious here?
I think many people are.


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June 14, 2013, 02:45:24 PM
 #18

Slightly off subject, but would it be possible to create a cryptocurrency where the hashing could serve a benefit?  Like getting ???coin for running a program similar to folding@home (http://folding.stanford.edu/) or world community grid (http://www.worldcommunitygrid.org/) or even SETI@home (http://setiathome.berkeley.edu/).

I'm greedy and interested BTC because I believe there could be profit for me.  But I think of all the money spent, electricity used and hash power of the network and it would be cool to see it going towards improving something.
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June 14, 2013, 02:56:13 PM
 #19

What if? Who cares?!
Your doing something that your not supposed to do by phone?
Planning bombattacks? Muslim extremist organisation? Childabuse? Bankrobbery? I gladly help the nsa to intercept those phonecalls and fuck those people over and over again with hashing power. Prolly were no army material irl but geeks.. Let this be our contribution Smiley

But for now? What if?
Gimme coins, gimme teh money!

(gdb) x/150 $esp
0xb0efb0ef   0xb0efb0ef   0xb0efb0ef   0xb0efb0ef
jasonslow
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June 14, 2013, 03:01:02 PM
 #20

Bitcoin codes was opensourced and was reviewed thousands times by thousands of programmers across the world. no chance that this would happen.
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