He really is a glownigger, isn't he?

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He really is a glownigger, isn't he? Anonymous Fri Nov 1 12:34:13 2019 No.16109870 [Reply] [Original]

>Bitcoin was created as a means to ensure an immutable audit trail. In time, this will be linked to logins and much more. To start, it provides an anti-money-laundering trail that cannot be altered. This is enough to ensure privacy while also ensuring that anonymity cannot exist.

>In 2007, there was no housing crisis yet. That came later. So you see, although everything had been set in 2007, it wasn’t until 2008 that things started to come to a head. At that stage, bitcoin was basically complete. So, I’m sorry to “burst your little bubble” but bitcoin has nothing to do with the collapse of Lehman Bros nor with the subsequent bailout. Unfortunately, that was badly timed. The reality is bitcoin is not anti-bank, it is not anti-government and in fact it is not even anti-central bank. Most importantly, it can’t be made to be.

>The reality of bitcoin is that it creates a system that stops many of the problems we’ve had in the world. Right now, the Russian government avoids sanctions. They are building their own network but the truth of the matter is that they still rely on SWIFT. The big problem here is that SWIFT is terribly insecure and very simple to bypass. So, imagine a system that is immutable that even governments can’t bypass. One that pulls them into order. One that stops criminal activity as it can be traced, tracked and those violators brought to justice.

https://medium.com/@craig_10243/the-immovable-8aa39ee04515

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