/biz/ - Business & Finance

>>18832696
backdoor SHA256? are you a moron?
You can't "backdoor" encryption. It's just basic math

>>18832696
yo dude good thread bro
intresting stuff
this CIA things are crazy man
life feeling like a vidya game LOL

>>18832717
I'm not trying to create fud, I never said I was smart either. I just don't see how this all makes any sense. How is BTC this successful, something worth mere cents going on to be a 100+ billion dollar asset (at the moment)?

I'm scared guys, I'm bullish, but this all seems fucking nuts.

>>18832696
if it came out that it was the CIA i wouldn't be surprised, but i honestly think it was nick szabo, there are too many coincidences.

https://cointelegraph.com/news/blockchain-co-inventor-offers-his-view-into-satoshi-nakamotos-background

>>18832741
It only has marginally faster adoption than the internet

>>18832764
In that perspective, it doesn't seem so insane.

>>18832696
I'm pretty sure it was a leaked government project.

Learn MATH. Turns out math is harder and smarter than the government. no backdoor.

>>18832696
Yeah... I'm exactly like you OP, but I'm old anon. This is surreal. Before bitcoin the government rolled over and crushed anything that looked like an alternative currency. But with bitcoin it didn't mutter a single peep... It didn't even oppose it in any way. It was as if satoshi won...

>>18832696
It's not "random." It's literally the first cryptocurrency. The idea of digital money isn't a crazy idea either and was talked about before Bitcoin even existed. It's really the natural direction of things when you think about it, especially as inflation (or hyperinflation) becomes more of an issue around the world and people seek alternatives to fiat currency. In terms of why it's valued that much, it has to do with a number of factors, such as Bitcoin having first mover's advantage in this market. That's a major point. It was able to be the first cryptocurrency and establish dominance, and that hasn't changed in over a decade. Beyond that, enough people see value in the ideals of Bitcoin (financial freedom, privacy, etc) and feel there's a place for digital currency and blockchain in the future, and as a result they feel it could be worth a lot more. You have to DYOR and decide if it's worth investing in, but Bitcoin is still around after all these years and has performed well enough so I think that at least adds legitimacy to it. Also, in the history of finance Bitcoin is still very, very young. We'll see where it ends up 10-20 years from now, but I expect adoption of it and other cryptocurrencies to increase and for more institutional money to flow in over time.

>>18832727
lmao

peter theils dad wrote the book on the scape goat technique

he is is a cia dog
his kid is a cia dog

gets given paypal along with musk to push them into the spot and light to collect data on global transactions

US closes there program to keep files on every us citizen because the whole world will give it up willingly

create mark of the beast

theil is the first outside investor in facebook
heavily invested in gox and coinbase

scape goat mark and replace with robot
give winklevoss 2% of circulating bitcoin supply

uncage the bear

avengers end game

What??? Is BTC mark of the beast?? Does this mean pump or dump???

>>18833078
>avengers end game
Fucking kek
Just add in some stuff about UND being the new world currency and that is literally perfect

>>18833078
>>18833102

what the flipp!!!

>>18832809
So hold on to that perspective. Whenever you figure out how come the world might not be insane after all, you’re usually on to something.

>>18832923
Liar, liar, pants on fire. The government and banking cartel tried to make all cryptocurrencies look shoddy from the beginning.

>everything is CIA
Come on OP there are much more interesting and fun forms of schizophrenia. Messiah complex for one.

>>18833699
>tried
>The government and banking cartel

There is no trying with this fuckers. They didn't pass a resolution forbidding bitcoin, they didn't create an orchestrated campaign of scary ads, they didn't arrest one sinlge motherfucker... Fuck, they could've even used silk road and wiki leaks to burn down bitcoin. They didn't

Listen Son! Bitcoin was developed in a private research corp funded by one of the top 1% families. The Intelligence level of some members of that group are beyond current human levels, so Satoshi is not One but a whole group. Cheers !

>>18833746
Because Trump is not evil

>>18833746
They don't want it to burn down. This is literally the perfect system for Black Ops.

>>18833784
>the perfect system for Black Ops.

That's exactly what I'm talking about, nigger. This fucking system would give the glowies a few hundred millions to fuck shit up everywhere in the world.

If bitcoin is cia, then it's bullish as all fuck

bitcoin has been being pumped and dumped by CCP algorithm bots since 2015

>>18832696
Its NSA, nigger
Not that complicated

>>18832727
lmaoooo

>>18832696
I don’t know why, but i always got time traveler vibes from bitcoin. Satoshi always reminds me of John Titor. But the real question is... why? Maybe the standard economic system crashed so hard in the future that spiraled into humanity being nearly wiped off the earth.

>>18832696
Man money is worthless except that the government will lock you in a little grey cube or force you to live on the streets if you don’t use their “OFFICIAL” money

Digital Currency has been tried over and over, it was only a matter of time until the technology caught up with the idea.
The general souring of faith towards the USD after 2008 made it an even better time
The BTC is too widely spread and used, even the US government makes use of it now so its too late to ban it, and even if they did, crypto has such a foothold that it will never go away.

You guys put too much faith in the government
If this most recent epidemic has shown anything its that there is zero organization and these people are a bunch of buffoons
Bitcoin is an old idea given new life thanks to advances in technology/methodology, something like it was going to come one way or another, it was only a matter of time until it blew up.

Many countries already rely on an entirely digital currency market, so why bother with such an insecure system as the current credit/fiat money markets when crypto beats both in every way?

>>18834020
>Bitcoin is an old idea given new life thanks to advances in technology/methodology

Done by a single anonymous individual that's been able to maintain himself anonimous after more than a decade.

>it was only a matter of time until it blew up.
More often than not, when something is within the reach of modern tecnology/tecnique several instances of people reach it at the same time. This wasn't the case with bitcoin. It blew out of the water all the experiments done before it's time and nailed it on the first try. This is mighty weird.

>>18834078
Not a single person, a whole team of people
Satoshi just wrote the whitepaper and developed the idea
Besides its not like individuals can’t do great world changing things

>>18834078
>nailed it on the first try. This is mighty weird.
Yeah, that's only because maxis are deluding themselves that btc is perfect. Bitcoin solved the double spend problem. That experiment was a big success. It was actually used as currency on the dark web. Pretty cool. Soon enough the theoretical problems were becoming reality though. Bitcoin isn't fungible and can't scale. Both are dealbreakers but when it was clear there was no way these things would be fixed in bitcoin a bunch of retards formed a cult around it. They think if everyone just pretends bitcoin is perfect it will be. They scold chainalysis companies and want everyone to agree to ignore coin histories. They tell people they're stupid for wanting to buy coffee with bitcoin and eventually they will tell people they're stupid for wanting to buy a car with bitcoin - "bitcoin was always built for EOD inter-bank settlement". They will say they always believed that and newfags will believe that they always believed that. But they didn't, they're just deluded, lying scumbags.

>>18832717
Actually it is possible, but not with sha2 tho. But for example with elliptic curves cryptography (used everywhere in modern encryption), it is possible that some curve types recommended by the NIST, be actually mathematically weaker than thought, hence making them "backdoored". But it has never been confirmed

>>18832727
damn bro.. simmilation theory...

>>18832696
US Mosad made to fund ISIS n stuff

>>18832696
It's made by some random nerd in 09 AND Is used by big gov to fund blackops and spies
They are probably behind the big pumps

>>18832696
>There's no way so random genius savant made this shit by chance
Wrong

>>18832727
Hello, based department?

>>18832696
>It uses SHA-256 encryption which was made by the CIA; wouldn't the chances of a major backdoor being set in place be incredibly high?
Yes.

>>18834915
Based.