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Author Topic: The world will not use BTC.  (Read 1908 times)
niothor
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November 29, 2013, 03:54:52 PM
 #41

The internet is going to be broken up... What a stupid thing to say.  I would like to give you a high five... in the face... with a chair!

How about you research a bit about this magical internet?
There are roughly 50+ cables , some of them coming out of the sea on popular beaches , unprotected, that support more than 2/3 of the total internet trafic.
Cut those , and you're gonna cry waiting hours for the google webpage to load  if ever.

What, really?

Edit: http://www.dailymail.co.uk/home/moslive/article-1196775/Web-trouble-The-hidden-cables-Cornish-beach-feeding-worlds-internet.html

Geeze, this is incredible.

Why haven't these been terrorised yet haha? There'd be a good film in this. *In cliché movie voice* Imagine a world with no internet.....

Because until now there hasn't been a moron with the appropriate tools who wanted to damage them ...
If we speak about a country wanting to cut them....
It will take only two medium class warships to take all the cables between America (continent) and Europe in less than 12 hours.
Also , all the submarine cables than go to South and Central America run through the US.



Geeze, for some reason I find this both terrifying and exhilarating. Sounds like armageddon. There would definitely be a good film idea in this.

Edit, Not the film Armageddon lol.

http://www.theguardian.com/world/2011/apr/06/georgian-woman-cuts-web-access
Get 100 of them , and you have your Armageddon  :0


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Coinmark
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November 29, 2013, 04:09:06 PM
 #42

Every major government already has "kill switches" for the public internet within their territory established in the name of emergency planning.  In addition, it is hard to believe that SHA-256 is not completely compromised in all respects by at least one three letter agency -- that could poison the system at any time they chose.  It's important to remember that while BTC may be incredibly useful and has/may continue to provide amazing returns -- its durability in the case of emergency or geopolitical turmoil is open to question.  I don't think OP was trolling.

That said, go BTC go!


Sure, and at the same time recomended for secure use by themselves, so anyone can compromise their systems anytime, brilliant !

Because a massively funded government agency that recruits top talent and has access to unpublished institutional research is exactly what we mean when we say 'anyone'.   Roll Eyes   Either way, after Snowden it seems apparent their focus on offensive capabilities had been so great recently that their own security protocols can hardly be used as exemplar.
TiagoTiago
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November 29, 2013, 04:15:58 PM
 #43

Wasn't the NSA responsible for a big partial outage a while ago when they cut some fiber optics trunk to install some sort of packet sniffing device on it?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
buggrock (OP)
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December 05, 2013, 11:58:11 AM
 #44

Told you guys -

http://www.zerohedge.com/news/2013-12-05/bitcoin-tumbles-after-china-central-bank-bans-financial-companies-using-digital-curr
niothor
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December 05, 2013, 12:17:39 PM
 #45


Actually you were dead wrong.
The only thing they didn't ban are vendors.


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