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RE: Christine Lagarde foresees the end of banking from cryptos - Why would a turkey vote for Thanksgiving?

in #cryptocurrency7 years ago

I would like to suggest a much more disturbing, and likely scenario. You correctly point out the absurdity of Lagarde's comments, as a turkey voting for Thanksgiving. I think too few people in the crypto-space have seriously considered the murkiness of Bitcoin's origin. Isn't it peculiar that the world's most widely distributed cryptocurrency, has no real info on it's creation? Imagine an ICO today, with no info on its development, dev team, etc... would they do well and become the world's leader in volume?

Just think about it. We are told a fantasy story about some guy, Satoshi Nakamoto, who most likely is as real as the Easter Bunny or Santa Claus. The likely reality, based on the timing of the release (2008, following TARP bailout funds being paid to Wall Street) and the coding of the program (C++ with SHA256 encryption) points to this being something that was put together WAY before 2008, perhaps in the early 90's. Also, there has never been a coding error found in the bitcoin program, can you imagine any program being released across the globe and not having SOME kind of bug that requires patching? No, this program was likely developed by a team, and tested extensively before going "live". I will be writing a article further expounding on this theory soon, but just wanted to chime in, because you just found a smoking gun that confirms my suspicions... Bitcoin was created by central bankers and their cohorts.
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I 100% agree with you. Bitcoin was clearly a government creation. Why otherwise would the developer want to stay so anonymous and also never touch his massive wealth in Bitcoins. In addition, the perfect code also implies that a very skilled team was behind it. (I certainly don't buy the recent BS story of AI developing Bitcoin.) Don't forget that Satoshi Nakamoto roughly translates in Japanese to "Central Intelligence" as well.

I also expect that is was no coincidence that Milton Friedman "predicted" a digital currency similar to Bitcoin. I assume there was a government think tank, including Friedman, conceptualizing it much earlier on and then building it in preparation for the right period for release as you propose.

You just pissed into my nice bowl of bitcoin cornflakes. Damn, some good points made. I wonder.

Sorry about that.. I know that feeling all too well and I don't like it either. However, the only way to truly get people to a completely new system (i.e. digital currency) is to get them to demand it themselves. This in my view is exactly why they created Bitcoin.

That made me laugh sauna... Great info newsandviews and survivofit