The truth about who is behind Blockstream and Segwit. As the saying goes follow the money.steemCreated with Sketch.

in bitcoin •  last year

The too-big-to-fail insurance giant AXA is one of the main owners of Blockstream - and they're throwing around millions of dollars to any dev / troll / censor who opposes Satoshi's simple and safe roadmap for on-chain scaling (ie: bigger blocks via hard forking).

But fortunately, we can "route around" Blockstream's censorship and centralization: Once >51% of the network uninstalls Blockstream's crippled Bitcoin client, and installs a Bitcoin client from Unlimited or Classic that accepts bigger blocks, then the market (and not some clueless devs at Blockstream, paid by central bankers) will again be fully in control of the Bitcoin blocksize (and volume and price).

Blockstream is now controlled by the Bilderberg Group - seriously! AXA Strategic Ventures, co-lead investor for Blockstream's $55 million financing round, is the investment arm of French insurance giant AXA Group - whose CEO Henri de Castries has been chairman of the Bilderberg Group since 2012. 

If Bitcoin becomes a major currency, then tens of trillions of dollars on the "legacy ledger of fantasy fiat" will evaporate, destroying AXA, whose CEO is head of the Bilderbergers. This is the real reason why AXA bought Blockstream: to artificially suppress Bitcoin volume and price with 1MB blocks. 

The insurance company with the biggest exposure to the 1.2 quadrillion dollar (ie, 1200 TRILLION dollar) derivatives casino is AXA. Yeah, that AXA, the company whose CEO is head of the Bilderberg Group, and whose "venture capital" arm bought out Bitcoin development by "investing" in Blockstream.

Greg Maxwell used to have intelligent, nuanced opinions about "max blocksize", until he started getting paid by AXA, whose CEO is head of the Bilderberg Group - the legacy financial elite which Bitcoin aims to disintermediate. Greg always refuses to address this massive conflict of interest. Why?

Who owns the world? (1) Barclays, (2) AXA, (3) State Street Bank. (Infographic in German - but you can understand it without knowing much German: "Wem gehört die Welt?" = "Who owns the world?") AXA is the #2 company with the most economic power/connections in the world. And AXA owns Blockstream. 

Bitcoin can go to 10,000 USD with 4 MB blocks, so it will go to 10,000 USD with 4 MB blocks. All the censorship & shilling on r\bitcoin & fantasy fiat from AXA can't stop that. BitcoinCORE might STALL at 1,000 USD and 1 MB blocks, but BITCOIN will SCALE to 10,000 USD and 4 MB blocks - and beyond

I think the Berlin Wall Principle will end up applying to Blockstream as well: (1) The Berlin Wall took longer than everyone expected to come tumbling down. (2) When it did finally come tumbling down, it happened faster than anyone expected (ie, in a matter of days) - and everyone was shocked.



 

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i can't beleive it took me soo long to figure this out....i wish i stumbled into this article 6 months ago!

Long Live BCH

This is a great post, Blockstream is scary but thankfully we have the ability to run the code we choose.

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TY. I remember when I first heard about them and thinking that there plan is not whats best for Bitcoin right now. I just never thought they would get this far with it.

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Bitcoin is holding out against Blockstream/AXA/SegWit/Core/Bilderberg, but it looks like they are going to be able to control litecoin.

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and now ?

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There are also people pointing to Classic and Bitcoin Unlimited and claiming that those efforts are done by people with an intent to destroy bitcoin.

I believe the current stalemate and schism can be sufficiently explained without resorting to conspiracy theories, and I do believe that if someone has the intent to destroy bitcoin, they would install well-funded sock puppets at both sides of the schism.

I used to be an optimst, and I used to shake my head when seeing those conspiracy theories - but during the last few months I've been growing more and more pessimistic.

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Bitcoin Unlimited is run by consensus of a large group, and they vote for a new lead dev every 6 mo.

I can't believe more people don't notice this! How can off-chain transactions be ANY GOOD for bitcoin?

They are trying to create a global system where ALL COIN CHAINS are connected!

WHICH THEY CONTROL!

Not cool.

Good info dude:)
The same as Bilderberg group and globalist fingerprints all over the ETHEREUM :(

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Warfare strategy. If can't fight their wall of super secure blockchain (which they tried, they tried regulation, DDOS attacks, attacking exchanges, hacking exchanges), now their masterplan is go via a back entrance. Get an insider/saboteur. Well plant one insider first. Takes years. Just like their espionage dept, planting spies for years or decades. Who played Command & Conquer knows what the saboteur's role.

But wow and boom. Bitcoin and the dao(philosophy) of it, is it is the truest form of freedom, of true free market (not those stock exchanges that are rigged and like Ethereum can be set to bailout when things get rough for them).

Perhaps the code (signatures removed) will have no impact for running bitcoin for 1 year, 2 years, or 5 years. But one day, one single exploit can potentially be made. And like a nuclear bomb hidden within. Since attacking from outside is impossible.

I think it could happen when the after the next financial crisis (2017-2018) when "fake" markets crashes and if those value goes into cryptocurrencies. Then they allow it. Then when they need to, they will press the BUTTON to implode it. How, when? That's the rhetorical question we can ask ourselves.

That implosion could shatter the whole landscape (their play).

More people need to see this. Great info.

Can someone please summarize this for me. Is the OP saying stay in BTC or go with BCH? Having a hard time knowing which way is up. Thanks.

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If you had Bitcoins before the fork you have the same amount on both chains. If I were giving advice on buying some BTC now I would say split it 50 50. BCH is technically and logically the best choice, but no one can predict mob rule or stupidity.

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Mob rule will ultimately be tested by which one accelerates faster, offering better chances of reaching the moon! I suppose.

cant believe this only got 70c. man you were way underpaid.

na, bitcoin cash is bassically a scam, bitcoin is the real deal