NSA security backdoors make Bitcoin nearly worthless!

[ElectricMucus]

The NSA has introduced flaws into cryptographic algorithms, the same ones used by bitcoins. They can attack any wallet in the world and generate their own private key for it, allowing them to transfer the money at will (this includes paper wallets). If you become a threat to them they will help any other agency seize your money. They are undoubtedly also tracking coins on the blockchain so any transfers you make will also be associated and revoked (even if you transferred the money to someone else). The best part is that since bitcoin is anonymous, you can't claim it's your money and have no paper trail so no court will believe you.

[ElectricMucus]

Who are THEY?

[papamoi]

hmm

NOT GOOD

[molecular]

have you gone mad?

this has been discussed multiple times... show the deliberately introduced flaws in ecdsa or sha256 or shut the FUD up.

[Valerian77]

Exactly - they but backdoors into AES 256 which they use to encrypt their own most secret information.  

[wormbog]

tl;dr FUD derp

[desired_username]

My ignore list aquired a new member... excellent..it grows like a tumor

[molecular]

My ignore list aquired a new member... excellent..it grows like a tumor

and soon... you will be alone in this forum

[CMMPro]

Why do people post this stupid shit at least once a week?
We need a reddit style downvoting system for this board so we don't have to even read this bullshit.
I guess ignore works too.

 

[Kazimir]

The NSA has introduced flaws into cryptographic algorithms, the same ones used by bitcoins.

Nonsense. You have no idea what you're talking about. Just spreading FUD. You happen to work for a bank, by any chance?

They can attack any wallet in the world and generate their own private key for it, allowing them to transfer the money at will (this includes paper wallets).

Complete and utter nonsense.

I hereby publicly and officially challenge the NSA to transfer money from my wallet (you know which one that is). I'll post the transaction id when they succeed. Hint: they won't.

[cypherdoc]

have you gone mad?

this has been discussed multiple times... show the deliberately introduced flaws in ecdsa or sha256 or shut the FUD up.

No. EM is just one desperate bull in bears clothing ever since I short squeezed the hell out of him @$3 back in 2011.

Ask him why he spends all his waking hours here.

[molecular]

ElectricMucus, why do you spend all your waking hours here?

[ShadowOfHarbringer]

Who are THEY?

[cypherdoc]

ElectricMucus, why do you spend all your waking hours here?

Oh sorry.

Ask him why he spends all his waking hours here FOR OVER TWO YEARS!

[bbit]

My ignore list aquired a new member... excellent..it grows like a tumor

and soon... you will be alone in this forum

This ^^

[cypherdoc]

My ignore list aquired a new member... excellent..it grows like a tumor

and soon... you will be alone in this forum

This ^^

Hey wait a minute.

I'm a troll worth listening to.

[ElectricMucus]

My ignore list aquired a new member... excellent..it grows like a tumor

and soon... you will be alone in this forum

This ^^

Hey wait a minute.

I'm a troll worth listening to.

You too?

[ElectricMucus]

This went better then I expected.

[dragonkid]

Interest thought, but I think they have more important things to take care of instead of Bitcoin. Their objective is for the country's best interest. Bitcoin is not a threat to the USA. So this is not in their list of things to tackle. 

[will1982]

Are there actually any proven backdoors?