/biz/ - Business & Finance

[Anonymous No.9810163]

>Create a payment network over the internet called 'Bitcoin'
>Promote this monetary concept as a replacement for 'obsolete' physical currency
>All transactions and account balances are fully transparent and traceable
>Transactions are only capable using digital infrastructure
>Mfw 'small government' 'libertarians' actually think this is a good idea and in their interest

You idiots realize what you've done, right? You're taking all the wealth in the world and giving the global superstate full dominion over it. Did you really think that workers being paid in Satoshis was a good idea? That every pleb having his transactions instantly visible from paycheck onward to anyone who wanted to look, would somehow INCREASE his freedom and autonomy from the technological State? That cryptocurrency wasn't just a way to gather the most dangerous freedom-minded people, make them think they're actually succeeding in their goals, and make them complacent by letting them enjoy untold riches from being early players in the new game?

You're just falling for the same Jew's trap that the Western elites have fell into for centuries. He doesn't care whether one hundred or one million enemies (libertarians, nationalists, racialists, whomever) have wealth that makes them the target of the rest of the pleb world's jealousy. He doesn't care that the group most empowered by cryptocurrency is the same one that hates him with the greatest intensity.
What's important to the Jew is that the billions of plebs beneath you are loyal to them, and that is always the case because so are you.

[Anonymous No.9810168]

What happens when you've made your 1, or 10, or 100, or 1000 million dollars from crypto, like any half intelligent person is capable of in this market? Are you going to lead your people in a great rejection of the Jewish financial and social system of control? Or will you retreat to gated communities and closed circles when the same countrymen you wanted to uplift resent you and your unearned wealth? You won't be loved and admired, you'll be hated. This system you claimed would enhance their freedom will make them even more dependent on the technological State and its keepers. Will you really become their champion then, or will you just return back to the same (((people))) who gave you this power in order to hold onto it?

That's the malevolent genius of their plan. The most powerful leaders of the aborted revolution will be killed by their own starving soldiers, or take a new, more binding oath of service.

The anagram of Satoshi Nakamoto is 'a hook to Satanism', and that's exactly what Bitcoin is. You've made a deal with the devil. Congratulations.

[Anonymous No.9810222]

>>9810163
>>9810168
It's called Monero idiot

[Anonymous No.9810228]

>>9810168
Furthermore, if the government was this malicious they could have just forced us to use a centralized electronic currency years ago

[Anonymous No.9810235]

The transactions are public, the identities are not public. Fully anonymous crypto does exist.

> giving the global superstate full dominion over it.
Miners have control over bitcoin. Miners are not the state. They are businessmen interested in making profit

[Anonymous No.9810244]

>>9810235
>Miners have control over bitcoin
You still don't understand how the protocol works do you. Miners do NOT control Bitcoin. No individual does, that's the entire point.

[Anonymous No.9810247]

>>9810168
>a hook to Satanism

[Anonymous No.9810251]

>>9810244

Yes, because "miners" is not an individual. Note the "s" which demarcates a plural noun

[Anonymous No.9810253]

Implying they don't already have all the power and wealth?

[Anonymous No.9810260]

>>9810163
Oh look another bitcoin + politics thread that conviniently forgets that bitcoin is shot technology and universally panned by any distributed systems engineer worth his salary
>back to /pol/

[Anonymous No.9810263]

blah blah bla blah
the only way central banks can control the populace is through currency debasement
bch makes that impossible

[Anonymous No.9810285]

>>9810251
Miners do not control Bitcoin either, even in plural

Users do.

[Anonymous No.9810292]

>>9810285

If miners decide to crash the chain, there's nothing the users can do.

[Anonymous No.9810293]

>>9810260
>bitcoin is shot technology and universally panned by any distributed systems engineer worth his salary
You have no idea what you're talking about.

[Anonymous No.9810306]

>>9810292
>crash the chain
Okay it's obvious you're talking out of your ass, what does "crash the chain" mean?

[Anonymous No.9810312]

>>9810306

Double spend? Why the fuck am I explaining this to you?

[Anonymous No.9810343]

>>9810312
You aren't explaining anything to me, you're justifying your retarded word-choice of "crash the chain" that nobody else uses and which doesn't even make sense

[Anonymous No.9810374]

>>9810343

Interesting how the most hostile people are usually the ones who are the most ignorant. Unironically kill yourself dumb fucking nigger faggot

[Anonymous No.9810442]

>>9810163
It's what they call pseudonymous. I won't expect you to know what that means, but you should realize at this point in time, bitcoin is still more censorship resistant than your local bank.

[Anonymous No.9810473]

>>9810228
>if the government was this malicious they could have just forced us to use a centralized electronic currency years ago
Isn't feasible on a large scale for low IQ people, yet.

>>9810235
>The transactions are public, the identities are not public
In the future every compliant exchange will have mandatory KYC for first world residents, and report all transactions. Payments to employees and business transactions will be tracked by governments. There will be small outlying cases of course, but it will be far easier for the average person to simply follow the legal route than try and hide their transactions.

>Miners have control over bitcoin. Miners are not the state. They are businessmen interested in making profit

Miners make profit by selling bitcoin. Who do you think they're selling bitcoin to? Who provided the capital to pump the crypto market cap to $800 billion at the peak? Not individuals that care about how much the state wants, but how much they can profit.

It doesn't matter whether some, even the largest original players won't be tracked. If they ever want to use their wealth and power in undesirable ways they will become vulnerable. Good luck getting 51% of miners to agree on cutting into their own self interest.

[Anonymous No.9810480]

>>9810442
Learn what controlled opposition means.

[Anonymous No.9810507]

>>9810163
2. Monero exists
1. Bitcoin is not a currency anymore. The ideology died long ago

[Anonymous No.9810517]

>>9810442
>He thinks security through obscurity will save him

[Anonymous No.9810530]

>>9810163
>>9810168

>I dont know what the fuck I'm talking about: the post

Hello /pol/ enjoy your stay

[Anonymous No.9810558]

>>9810507
One is half true. Btc is not a currency. That idea still lives through bch. Free transactions, anyone?

[Anonymous No.9810631]

>>9810558
Complete centralization, anyone?

BCH supporters are the biggest fools

[Anonymous No.9810637]

>>9810631

muh nodes that don't do anything for the average user

[Anonymous No.9810660]

>>9810168
>anagrams as evidence of a conspiracy that includes Satanism
can't tell if poltard or xtard

[Anonymous No.9810665]

>>9810163
Oh, because the government cant track your debit/credit card purchases either? And you can't atomic swap crypto if you wanted to be a sketchy dark market fag? Get out of my board you brainlet boomer

[Anonymous No.9810717]

>>9810631
So set up a miner and decentralize it, if you give such a shit.

[Anonymous No.9810779]

>>9810631
Hold up, Amazon and Microsoft and the like are the biggest bitcoin operators? I thought it was China??

This is news to me. I doubt bitcoin will ever be surpassed now by any of the other cryptos.

[Anonymous No.9810798]

>>9810779
That means people are running their own full nodes on Amazon Web Services (AWS) and Microsoft Azure cloud platforms, not that Amazon and Microsoft are doing it themselves. They could be operated by people in China. It gives a centralization pressures to the companies though

[Anonymous No.9810812]

>>9810798
Ahhh yeah, duh, that makes sense that it'd be people using them as a service for cloud computing power there. Thanks, had a moment of brainletitis

[Anonymous No.9810819]

>>9810163
>>9810168
Gotta admit, i like the quality on how you've written your posts

[Anonymous No.9811046]

OP thats the reason why the next bull run will be sooooooo big, more people have to get on the blockchaintrain
Money and greed is whats ruel the world...mmuhh cryptos, muuhh freedom, muuhh fuck banks.. the future of slavery.
we are not able to change the game so play their game..
go all in on xrp and thank me later..

[Anonymous No.9811202]

>>9810163
>>9810168

Agreed 100%. Preach brother.

[Anonymous No.9811315]

>>9810168
>year 2040
We will retreat to gated communities and laughing at these plebs begging for free satoshis. We gave them advice to get into bitcoin when it's still cheap but plebs didn't listen because "muh scam". I feel sad for this plebs but they deserve it. They didn't spend little of their time researching blockchain technology. Their ignorance failed them.

[Anonymous No.9812026]

>>9810163
This is why I'm all-in on XRP. Nobody gives a fuck about BTC's lack of anonymity, so you might as well go all-in on the banker/government coin.

[Anonymous No.9812043]

>>9810163
Nice try Shlomo, I'll take my lambo in black thank you

[Anonymous No.9812286]

>>9810285

>what is bitmain

[Anonymous No.9812303]

fml op is right

[Anonymous No.9812308]

>>9810163
I've been telling this to most people. Everyone who is buying into the Bitcoin thinks they are buying a revolutionary currency that frees them from the Fed and Government control.

In reality it's incredibly difficult to actually buy "John Doe" Bitcoin. It gets even more difficult if one wants to spend it. Wait til the IRS really cracks down on these retards for capital gains. Bitcoin is only good for easy day trading while the meme lasts.

[Anonymous No.9812310]

>>9810163
>he doesn’t know about privacy coins or devs of ETH and BTC implementing a bulletproof like algo to completely anonymize yourself

[Anonymous No.9812322]

>>9810168
>nocoiners coping this hard

[Anonymous No.9812363]

>>9812310
Crypto is too complex for most plebs to understand. Most will buy it through exchanges will their transactions are documented.

NOTHING beats the when it comes to the overall combination of anonymity, ease of use, and compliance. All it was good for is making it possible in the future to utilize blockchain for government backed currencies along with other non-currency applications.

[Anonymous No.9812382]

>>9810374
This fucking faggot, shut your mouth and get back to learning

[Anonymous No.9812443]

>>9811046
The next bull run won't be for the same reasons as the rise of Bitcoin and other popular cryptos. It will be banks and strong national currencies that fully implement blockchain. Too many unknowns with XRP, I feel most are treating is as a share rather than a currency or property..