Bitcoin was probably created by DARPA
By - cutiebased
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Whilst Bitcoin may have very possibly/likely been created by Government or deep state, the open-source nature of the technology meant that it gave rise to a whole swarm of other (many shit) coins.
Whilst Bitcoin is traditionally considered the 'gold standard' of crypto, with other coins effectively tracking on BTC, the other projects that have spawned have been been backed by utterly hilarious meme lords and then it saw a whole bunch of megacock VC money get pumped in when people started making serious projects after the huge shit coin phase. Some of the technologies and use cases are very impressive and without a doubt, things like DeFi pose a huge threat to traditional banking institutions.
Naturally, and without a doubt, we will see a full transition to digital, I actually think cash will have even more value than the face value as a result because it will become a rare commodity. Though I also see traditional cryptos being heavily outlawed and deemed as 'illegal' due to them falling outside of 'government issued cryptocurrencies'
I remember when the term 'pre-mine' was a thing, expect government to pre-mine, expect a ridiculous amount of circulating supply that can still be subjected to the same bullshit quantitive easing 'methods'.
I find it hilarious, that my bank, HSBC, have tried to limit my deposits to Binance, yet they help Mexican drug cartels with their money... nice standards.
Great comprehensive comment.
I want more!!
Online currency will have no value once the power goes out. That’ll be a shit show.
Honestly can't wait.
We will finally all be able to figure out what we are truly made of and what matters in life.
Reminds me of something. We all want to be in a zombie apocalypse until we get bit. Maybe we actually want it. Maybe we just want something to live for. Some action. I don't know.
In the beginning there was DARPA. DARPA looked at the telegraph and was not amused. It then let out a stream of bits like a storm … but they had nowhere to go.
The next day DARPA made the DARPAnet. DARPA saw it was good. The bits could go places.
Eventually others also wanted the bits that DARPA had made, so they connected to the net and bowed to DARPA. The wisest were made net admins. DARPA was pleased.
But then others wanted DARPA to be for them only, and put up a firewall. So a brave legion said “we too can have a net”.
The chose amongst them the wisest … a man called Tim. Tim and others worked long hours … warmed only by the yellow or green glow of their cathode tubes. Eventually they made a new net, so that other wise people could exchange their bits.
Soon many others were able to access this net, and many bits were exchanged. So many people and so many bits that eventually they needed addresses.
Tim and his acolytes gave them to all … and then something wondrous happened … the bits started making pictures. So another wise one made a browser to look at the pictures.
And then a bunch of pervs figured out how to make porn for the net so enjoy jacking off!
It's possible it was a template for a future CBDC. Decentralized money is not in the interests of TPTB though.
Pretty sure it’s controlled.
Just sayin... That's why Gadaffi got evicted from his meat suit. He was trying to break away from the Central Bank and had his own gold currency. You know, backed by gold. Well, the good ol' central bank wasnt having any of that so they got the U. S. Media to call him a "terrorist" and the rest is history... I'm not saying he was an angel, no politician is, but im saying he was tired of his resources being exploited and said enough. I'm sure he did bad shit. All of em do, but I am saying they were cool with it when he was using the central bank. All I'm saying is, if the Federal Reserve doesnt have a hand in it somewhere, or full on controlling it they would have shut that shit down a long time ago. They shut down Kennedy too... he had a silver backed currency he was gonna get to the people... wig split.
How? Outside of its price on exchanges that have market makers. What is the process by which it is controlled?
Because he wanted to go to a gold standard rather than the Petrol Dollar. Petrol Dollar requires all oil to be traded in dollars. Other countries that attempted to move away from the Petrol dollar is Iraq, Iran, Syria, North Korea, China (successful) and Russia (successful).
No it was invented by Len Sassaman
Or Goldman Sachs