RE: Could Crypto ideas go mainstream? (Part 2 – Politics)
A little bit off topic, but I have no knowledge, really, how it all works.
Is it possible that the government created these block chain technologies? (they have the resources) - bitcoin for example - and if so, they could just as easy switch the whole thing off?
I.e. the entire thing is nothing more than red herring to keep the cleverest occupied doing nothing (but they think they are, if you see what I mean)
Imagine if 'they' designed it all, with a kill switch, only to replace it with something already ready to go.
I really don't have a clue, but I do know the millions of man hours of very clever people have been occupied developing this.
Intentional distraction from something?
a good way to keep the brightest doing something of no relevance. - better than incarceration...Lots of government persecute the brightest in society, because they are a threat.
Rather than persecution, how about distraction..?
I don't know - But I do know the banks aren't giving anything up, and find it hard to believe these leviathans weren't privy to all this knowledge, way, way before any bitcoin emerged...just sayin'
Government/banks are evil - but far, far, from stupid....
Blockchain is decentralised tech, so it will be as hard to switch off as it would be to switch off the internet.
The code is also (in many instances) open source, so we can see exactly what it does and the best cryptos go through a peer review process which is like an accreditation.
I have heard the theory that the CIA invented Bitcoin as some sort of Black Op and I'm not saying it isn't true, but it would be a pretty dumb thing for the CIA to invent because the genie is out of the bottle now and they can't put it back in or control it.
That said, I have no doubt the powers that be will want to crash the crypto market at some stage and it's possible we are being herded for a big cull (wealth transfer) so hold onto your hat :)
ok cheers - still don't understand it though lol