How easy it is to KILL bitcoin.

[slaveforanunnak1]

My interest in the internet is nothing more than testing my abilities as a penetration tester, with little or no knowledge of the victim. If you think you have thought of everything, I will create that which you never thought of.. just to prove it can be done.

I read how bitcoin is unstoppable.. wrong.

Everything required to intercept bitcoin payments is in place today, and almost worldwide. You can laugh now, but by the time this short post is finished you will realise the truth.. that bitcoin WILL fail, and not of it's own accord, but due to the fact that it is indeed a threat to any and all established currencies of the world, and hence a threat to those countries security.

Why better testers cant see this is beyond me.

First, create laws requiring interception of all traffic at the ISP level.

Second, lets give it a fictional name, like 'No Shitty Attacks' or NSA for short.

Place 'NSA Killbox' between ISP and the world. Switch to record mode.

This means A box between YOUR isp, and the rest of the world. Nothing you can do about this.

Linux users probably think they are cool and can bypass this.. no they cant. They think they can use TOR or some other ip spoofing method.. THIS is an illusion. Yeah it hides your ip from other end users, but YOUR isp has YOUR ip, period. Notice we are all given static ip's now? These are postcoded. Geo tagging is applied to ALL packets leaving YOUR pc at the ISP level, they can now decide where to send ALL packets using strict filtering rules.

When it's decided bitcoin is a threat to the security of any MAJOR country, they can force the isp to re-route p2p traffic to a dns dead end. At this point they can be clear and say, you want passed here, your paying for it.. This is how to tax bitcoin.

Or I could just look at the block chain for address's, write any address found there into my fresh wallet, and take all, using that dns redirect..

To all dodjy faucet owners.. lets see what your worth now that this is in print, it was implemented 4 years ago here where I live.. notice your new security? Made in Scotland.. go on, ask Richard.. B

Network engineer here,

what you said was just utter horse shit! But, thanks! I had a good laugh. Don't tell me you're NextGenHacker101??
https://www.youtube.com/watch?v=SXmv8quf_xM

Anyway, I do also have a concern with BTC and i brought this up earlier;

First off, I'd like to say I'm Pro-bitcoin. I've been mining since 2013 with around 230GH/s and I have a few bitcoins in an offline wallet. I've been telling everyone about it, wearing Bitcoin shirts to start conversations etc etc so, please don't yell at me and call me a bitcoin-hating troll for bringing this up. K? Ok.
Here is my fear for the future of crypto-currency; Yes, it's a bit nightmarish but hey, we have to watch out for Murphy right?
Lets say it's 2025. IPv6 has taken over everything. As you know I'm sure, IPv6 gets rid of NATs (mostly) since there are so many addresses, something like: 340,282,366,920,938,463,463,374,607,431,768,211,456 unique addresses and as we know Cisco is trying to IP EVERYTHING! From Trees in the forest to your boxer-briefs and there is enough IP space to do it.
Then comes I2RS and LISP. I2RS is an SDN type protocol which allows applications (nsa?!?!) to basically manipulate the routing table and the forwarding table w/o anyone. Right now, if you wan to black hole a route or something you, a human, has to manually login to the router, and start typing shit. soon, some third party software will be able to manipulate the routing/forwarding table on the fly. and LISP (not the programing language) is a technology that will allow you to take your IP address everywhere with you. As I'm sure you know, right now if you go to starbucks and get on the internet your public address is a NAT/PAT address that is owned by some provider and it's designated for that store and thats where your anonymity lives, no one is going to keep track of the nat table.  When you go home, you get a different public address and if you go to your buddies house and get on the tubes, well, then you get different public address etc etc. With LISP, you will be able to take your IP with you (sorta) That means one public IP can be assigned to you and you only and you will use it no matter if you're in Seattle or Tajikistan!
Here is the scary part! It's 2025. IPv6, LISP, I2RS, Bitcoin has taken over the intertubes. Bitcoin is now mainstream and the only people who use cash are the people who still have a flip phone. Then "we" "elect" a Rick Perry or a Dick Cheney type character and they pass laws! Bunch of laws thanks to some fucked up event!
Everyone MUST register the public Key with the FED (HAHAHAHAHAH, oh the irony) and any transactions placed with an unregistered Public Key is now considered a crime. One man , one SSN, one Public Key, one IPv6 Address! Totalitarianism wet dream! They will be able to track everything we buy and sell and I'm sure they are exempt, just like how congress is able to do insider trading with immunity.
Anyway, hope i'm wrong. Please knock some sense into me.
Thanks

[Ayers]

I don't understand the intent of this discussion.

Sure, it's possible to "kill bitcoin" by strangling network connections. You can also attack piracy and kill p2p by fundamentally changing how networks work. Does this seem plausible?

It's probably possible and much easier to move bitcoin to a seedy, underground marketplace by outlawing bitcoin, putting the squeeze on exchanges, etc.

what do you mean with "strangling network connections", it mean you close the connection? ddos them?

[Beliathon]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

It would actually cost something closer to ~8 billion

It would cost 800 trillion.

I am the sole holder of the private key to an address with 8 BTC, I will not sell them for less than 100 trillion USD each. There you go, the market at work.

And I'm just one person, who knows what the holdout selling price is for countless unknowable others?

Ever consider the possibility that here are some Bitcoin holders who won't sell at ANY fiat price, because they hate what nation-state fiat has done to this world??

Satoshi is one such person, I believe.

[EndlessStory]

Its not easy to kill bitcoin. Even if govt tries to wipe off from surface internet, then it will goto deep web and still operate there as a currency.

Govt is already having hard time to bring down deep web links.

[giveBTCpls]

It's a dead end. Say they SHUT DOWN THE ENTIRE INTERNET. So fucking what? there are legit millonaires in BTC that can send satelites into space and create their own internet to keep things going outside the "classic internet" may the situation demand it.

[Ayers]

Its not easy to kill bitcoin. Even if govt tries to wipe off from surface internet, then it will goto deep web and still operate there as a currency.

Govt is already having hard time to bring down deep web links.

deep weep is actually contorlled by the govt lol, like tor, but it's true that bitcoin cannot be killed completely, you can reduce his marketcap only

[Wooden Plate]

Its hard to kill bitcoin, considering how vast the network is, the number of people involved and the money involved. Moreover its anonymous and tax free.

[X7]

That is an ignorant topic...A more accurate topic would be "How easy it is to SLOW DOWN bitcoin"

Do you really think that with such global awareness and the amount of ridiculous accumulative intelligence we have we will not find a way?

Give me a break.. the day any oppressive regimes band together to fight Bitcoin at that level is the day BITCOIN will grow TEETH and bite back.. Remember that..

Examples?  Napster/Kazaa/Limewire - Evolution... Bittorrent

[itsAj]

Couldn't someone wealthy enough just buy out all the Bitcoins owned at the moment? it would be something like 2+ billion but the government certainly owns that amount and would probably be willing to destroy Bitcoin.

It would actually cost something closer to ~8 billion

It would cost 800 trillion.

I am the sole holder of the private key to an address with 8 BTC, I will not sell them for less than 100 trillion USD each. There you go, the market at work.

And I'm just one person, who knows what the holdout selling price is for countless unknowable others?

Ever consider the possibility that here are some Bitcoin holders who won't sell at ANY fiat price, because they hate what nation-state fiat has done to this world??

Satoshi is one such person, I believe.

Your logic is flawed. If there are people who are not willing to sell their bitcoin for any price then if would have the same effect as of the government owned them all because others could not buy it.

Everyone also has their own price for everything, even if they don't know it.

[X7]

My interest in the internet is nothing more than testing my abilities as a penetration tester, with little or no knowledge of the victim. If you think you have thought of everything, I will create that which you never thought of.. just to prove it can be done.

I read how bitcoin is unstoppable.. wrong.

Everything required to intercept bitcoin payments is in place today, and almost worldwide. You can laugh now, but by the time this short post is finished you will realise the truth.. that bitcoin WILL fail, and not of it's own accord, but due to the fact that it is indeed a threat to any and all established currencies of the world, and hence a threat to those countries security.

Why better testers cant see this is beyond me.

First, create laws requiring interception of all traffic at the ISP level.

Second, lets give it a fictional name, like 'No Shitty Attacks' or NSA for short.

Place 'NSA Killbox' between ISP and the world. Switch to record mode.

This means A box between YOUR isp, and the rest of the world. Nothing you can do about this.

Linux users probably think they are cool and can bypass this.. no they cant. They think they can use TOR or some other ip spoofing method.. THIS is an illusion. Yeah it hides your ip from other end users, but YOUR isp has YOUR ip, period. Notice we are all given static ip's now? These are postcoded. Geo tagging is applied to ALL packets leaving YOUR pc at the ISP level, they can now decide where to send ALL packets using strict filtering rules.

When it's decided bitcoin is a threat to the security of any MAJOR country, they can force the isp to re-route p2p traffic to a dns dead end. At this point they can be clear and say, you want passed here, your paying for it.. This is how to tax bitcoin.

Or I could just look at the block chain for address's, write any address found there into my fresh wallet, and take all, using that dns redirect..

To all dodjy faucet owners.. lets see what your worth now that this is in print, it was implemented 4 years ago here where I live.. notice your new security? Made in Scotland.. go on, ask Richard.. B

Network engineer here,

what you said was just utter horse shit! But, thanks! I had a good laugh. Don't tell me you're NextGenHacker101??
https://www.youtube.com/watch?v=SXmv8quf_xM

Anyway, I do also have a concern with BTC and i brought this up earlier;

First off, I'd like to say I'm Pro-bitcoin. I've been mining since 2013 with around 230GH/s and I have a few bitcoins in an offline wallet. I've been telling everyone about it, wearing Bitcoin shirts to start conversations etc etc so, please don't yell at me and call me a bitcoin-hating troll for bringing this up. K? Ok.
Here is my fear for the future of crypto-currency; Yes, it's a bit nightmarish but hey, we have to watch out for Murphy right?
Lets say it's 2025. IPv6 has taken over everything. As you know I'm sure, IPv6 gets rid of NATs (mostly) since there are so many addresses, something like: 340,282,366,920,938,463,463,374,607,431,768,211,456 unique addresses and as we know Cisco is trying to IP EVERYTHING! From Trees in the forest to your boxer-briefs and there is enough IP space to do it.
Then comes I2RS and LISP. I2RS is an SDN type protocol which allows applications (nsa?!?!) to basically manipulate the routing table and the forwarding table w/o anyone. Right now, if you wan to black hole a route or something you, a human, has to manually login to the router, and start typing shit. soon, some third party software will be able to manipulate the routing/forwarding table on the fly. and LISP (not the programing language) is a technology that will allow you to take your IP address everywhere with you. As I'm sure you know, right now if you go to starbucks and get on the internet your public address is a NAT/PAT address that is owned by some provider and it's designated for that store and thats where your anonymity lives, no one is going to keep track of the nat table.  When you go home, you get a different public address and if you go to your buddies house and get on the tubes, well, then you get different public address etc etc. With LISP, you will be able to take your IP with you (sorta) That means one public IP can be assigned to you and you only and you will use it no matter if you're in Seattle or Tajikistan!
Here is the scary part! It's 2025. IPv6, LISP, I2RS, Bitcoin has taken over the intertubes. Bitcoin is now mainstream and the only people who use cash are the people who still have a flip phone. Then "we" "elect" a Rick Perry or a Dick Cheney type character and they pass laws! Bunch of laws thanks to some fucked up event!
Everyone MUST register the public Key with the FED (HAHAHAHAHAH, oh the irony) and any transactions placed with an unregistered Public Key is now considered a crime. One man , one SSN, one Public Key, one IPv6 Address! Totalitarianism wet dream! They will be able to track everything we buy and sell and I'm sure they are exempt, just like how congress is able to do insider trading with immunity.
Anyway, hope i'm wrong. Please knock some sense into me.
Thanks

Yep... then a black market arises and people start selling IP addresses... think of Bitcoin like a cockroach... lol

[webbrowser]

I don't understand the intent of this discussion.

Sure, it's possible to "kill bitcoin" by strangling network connections. You can also attack piracy and kill p2p by fundamentally changing how networks work. Does this seem plausible?

It's probably possible and much easier to move bitcoin to a seedy, underground marketplace by outlawing bitcoin, putting the squeeze on exchanges, etc.

what do you mean with "strangling network connections", it mean you close the connection? ddos them?

I was trying to paraphrase what the OP said (and what slaveforanunnak1 described as horse shit):

First, create laws requiring interception of all traffic at the ISP level.

Second, lets give it a fictional name, like 'No Shitty Attacks' or NSA for short.

Place 'NSA Killbox' between ISP and the world. Switch to record mode.

This means A box between YOUR isp, and the rest of the world. Nothing you can do about this.

Linux users probably think they are cool and can bypass this.. no they cant. They think they can use TOR or some other ip spoofing method.. THIS is an illusion. Yeah it hides your ip from other end users, but YOUR isp has YOUR ip, period. Notice we are all given static ip's now? These are postcoded. Geo tagging is applied to ALL packets leaving YOUR pc at the ISP level, they can now decide where to send ALL packets using strict filtering rules.

When it's decided bitcoin is a threat to the security of any MAJOR country, they can force the isp to re-route p2p traffic to a dns dead end. At this point they can be clear and say, you want passed here, your paying for it.. This is how to tax bitcoin.

[realdope]

Its simply put mission impossible.

[Decksperiment]

That is an ignorant topic...A more accurate topic would be "How easy it is to SLOW DOWN bitcoin"

Do you really think that with such global awareness and the amount of ridiculous accumulative intelligence we have we will not find a way?

Give me a break.. the day any oppressive regimes band together to fight Bitcoin at that level is the day BITCOIN will grow TEETH and bite back.. Remember that..

Examples?  Napster/Kazaa/Limewire - Evolution... Bittorrent

Ignorant topic, got you talking about the reasons p2p should be shut down, they all origionated from piracy?

Yeah, welcome to bitcoin..

All you did for me here was point out why people should'nt bother if they are anywhere near good people with money to spend.. me, i prefer legit.. or go without..

[oldmarsh]

I don't think OP really knows what he's talking about.

[X7]

That is an ignorant topic...A more accurate topic would be "How easy it is to SLOW DOWN bitcoin"

Do you really think that with such global awareness and the amount of ridiculous accumulative intelligence we have we will not find a way?

Give me a break.. the day any oppressive regimes band together to fight Bitcoin at that level is the day BITCOIN will grow TEETH and bite back.. Remember that..

Examples?  Napster/Kazaa/Limewire - Evolution... Bittorrent

Ignorant topic, got you talking about the reasons p2p should be shut down, they all origionated from piracy?

Yeah, welcome to bitcoin..

All you did for me here was point out why people should'nt bother if they are anywhere near good people with money to spend.. me, i prefer legit.. or go without..

Please do not mistake the confused laws of a few emotionally damaged men as LEGIT... The government has passed a law indicating that it is OK to kill the leader of anything viewed as a riot or civil unrest via the use of military grade weapons not limited to but including sniper rifles with impunity.

So let me get this straight... four of us meet up at my house (What they refer to as a gathering in their white paper) and we go a peacefully sit down outside a gov building to protest how they handled situation X... a few other people see us and join us because they were also dominated by situation X... now I as the unofficial party 'leader'  and I am a target? Fuck off.. that is nonsensical and totalitarian.

Illegal is subjective to the eye of the person who is controlling the situation.. The laws of man and the laws of the universe are completely different..

They won't try to shut down bitcoin... it has way too much traction and serious groups of extremely intelligent hacktivists behind it.

http://fas.org/irp/doddir/army/fm3-19-15.pdf

Enjoy your new regime

[wasserman99]

Its not easy to kill bitcoin. Even if govt tries to wipe off from surface internet, then it will goto deep web and still operate there as a currency.

Govt is already having hard time to bring down deep web links.

deep weep is actually contorlled by the govt lol, like tor, but it's true that bitcoin cannot be killed completely, you can reduce his marketcap only

Neither TOR nor the "deep web" is controlled by the government. You are spreading FUD.

TOR was created by the government (actually the Navy) but is run by a network of volunteers of various nodes in a very similar fashion as how the bitcoin nodes operate. The deep web would generally include sites that are not able to be accessed via a traditional browser alone, which would include most TOR sites. Bitcoin is generally the currency of choice for these kinds of sites, for both the ones that deal in illegal goods/services and sites that deal in more legitimate goods.

[webbrowser]

The government has passed a law indicating that it is OK to kill the leader of anything viewed as a riot or civil unrest via the use of military grade weapons not limited to but including sniper rifles with impunity.

Which law would that be?

[webbrowser]

Neither TOR nor the "deep web" is controlled by the government.

Citation required.

Of course, even if either tor or the "deep web" or both were controlled, influenced or monitored by the government, they would deny any such claims. So, how do you *know*?

TOR was created by the government (actually the Navy) but is run by a network of volunteers of various nodes in a very similar fashion as how the bitcoin nodes operate.

And what if it came to pass that a substantial portion of tor nodes were run by or monitored by the government?

[Buffer Overflow]

Neither TOR nor the "deep web" is controlled by the government.

Citation required.

Of course, even if either tor or the "deep web" or both were controlled, influenced or monitored by the government, they would deny any such claims. So, how do you *know*?

http://www.theguardian.com/world/interactive/2013/oct/04/tor-stinks-nsa-presentation-document

[Buffer Overflow]

And what if it came to pass that a substantial portion of tor nodes were run by or monitored by the government?

This would be disastrous.
That's why it's so important people run their own nodes and contribute.

I run a tor and bitcoin node 24/7. Just doing my bit.

The cost is bandwidth, electricity and a big NSA red flag against my name. (Probably amber actual, not red.)