This was not what crypto was meant to be. Satoshi had a vision for decentralized, ungoverned commerce between individuals; a vision heavily fueled by libertarian principles. He did not seek the interest of banks - this project was a fight against the banks. This was a grassroots uprising built on man's second greatest innovation for the expansion of free thought and expression - the internet.
>muh institutional money >muh SEC You fucking mongs. You killed one of the only opportunities in the last 1,000 years to truly escape the power of banking families and royal elite. Satoshi strategically released this godsend of a project when faith in traditional institutions was at its lowest (post-2008). And to make it even worse, now you openly embrace their introduction into the crypto sphere. Satoshi left without a trace as soon as the CIA started showing interest, and he did so for a reason.
The only way to restore crypto to its former glory is to remove the bad actors. Roger Ver, Richard Heart, John McAfee, all these chink PnD teams, and the list goes on. They all are leaching off what was supposed to be a community-based project.
Wrong there is another in the midst of this. ICO's are comming to an END soon. Fairly distributed wealth is indbound. Satoshis true vision is upon us.
Kevin Young
ICOs will only come to an end due to SEC enforcement. This proves that we, as a community, were incapable of cleaning the muck out ourselves. Our failure to act cohesively only shows that we were not meant to enjoy this revolution.
Samuel Lee
>remove the bad actors. Roger Ver, Roger Ver is the one that actually wants crypto to be able to scale you idiot.
Kayden Miller
theres always monero
Liam Taylor
Did you honestly think the world's elites and financiers would just stand around and let that shit happen? The integration of bitcoin into the financial system was inevitable and anyone with half a brain should've seen this.
Tyler Jenkins
>a scammer can't mask his cons with actual good intentions Yea, go pump his moneytoken ico
David Ortiz
Increasing the block size is not a scaling solution, it's technical debt.
The writing was on the wall, of course I did. Surmounting them was nearly a possible feat, though. But we've been letting morons be our voice for far too long, and these morons are blinding the public from our true intentions.
Austin Richardson
ICOs will come to an end once public and institutional investors alike realize that most of them are scams, and that cryptocurrency is way to early for many of the false promises being made for easy money. This concept will enter the social consciousness and the money will be more difficult to come by.
Hudson Martin
Money is the root of all evil, so is bitcoin. (((they))) are behind it. Satoshi is not here to save you, he is here to have absolute control over the entire world.
Ryder Martin
Both can happen simultaneously. Banks will adopt crypto and lock out consumers and I'll buy shitcoin icos on dexs without SEC approval. Win/win
Jayden Hernandez
ICO's are ponzis won't be taken from us we are going to stop using them all together because they are just Millionaires doubling there money.
Eli Barnes
DID HE? SATOSHI NAKAMOTO = A HOOK TO SATANISM
James Fisher
Fact is most people, myself included, are really just here for the money. I don't give a shit about any of the principles BTC or crypto in general really stands for. I did a while back but I just don't care anymore.
Lincoln Gomez
no, evil is the root of all money. and the only real money is bitcoin
Andrew Jones
No satoshi was experimenting for FREE taking more of the world resources than any other researcher on the planet. Millions of minds creating forks, methods, econmic studies, Implications of new found research and he got to study it all.
Satoshi knows what to do next and he has already taken the first steps in his plan.
But think about it. Those types of investors were barely even around pre-2014 pump. Had ICOs and bad actors not become so prevalent, most of the crypto base would still be people who truly believe in the goals of the project itself.
Brandon Powell
Yes but there's nothing new in speculation and it's just the same shit that's been done in every other tradeable market on earth throughout history. People see opportunity and jump on it without giving a shit about what their actions are doing to the group as a whole. That's just human nature, we take beautiful things and destroy them. No point being an idealist.
Eli Martinez
Wrong It is the natural cycle. As a flower dies it blooms once more.
Kayden Stewart
>strawmanning an imaginary you a good part of Jow Forums understands bitcoin was the first instance of an experiment, the implementation proved corruptible (blockstream => bitcoinXT censorship) and the governance goals could never be reached ethereum is part 2, with a three-pronged approach >do not advocate open hostility to governments, instead offer measured compliance as a way to worm open source ethos and decentralization into society >create obvious value beyond currency to make the network ubiquitous to society (smart contracts will be useful in every industry) >have a non-threatening figurehead with no official leader privileges but evident moral leadership satoshi himself foresaw much of this, you can see if you were there or even if you look at past public data with a critical eye. he was adamant bitcoin should avoid being too public early on as to not be stomped out of existence by governments. his original design allowed scripting logic and intended for bitcoin to be more than just currency. as for his anonymity, if you believe as many do he is nick szabo or hal finney, then it was merely a question of convenience and safety in truth, ethereum doesn't innovate so much as use favorable conditions only made possible through the path bitcoin trailed ver, mcafee, anyone involved with bitcoin is irrelevant. the people who matters are working on dapps or building the infrastructure to support it. said infrastructure isn't unstoppable yet, but the idea itself is. it's a mind virus uploaded to thousands of engineers over the world, and whether ethereum succeeds or fails you can't put the devil back in the box. there will be a successfuly crypto that will overthrow governance through the silent revolution satoshi meant from the start
Lucas Price
How the fuck are we supposed to break free of the banks when they have the financial weight to buy up all crypto and generate cyclical volumes?
Luke Morales
By creating things that require PoW so in the early stages of a new project the volume can only be bought up to the max amount that has been mined and in the markets. Causing the price to rise dramatically. Guess which ERC20 token was just released to solve the problems of mining where a ledger is required for a currency to survive and provide this exact same function.
I blame reddit. Every single week some article with hundreds of upvotes about banks coming in or getting rid of sats and just using fiat. They are short sighted and not true believers. They have a natural inclination to being bootlickers.
Grayson Rivera
expand, I like your knowledge.
What do you have to say about Vitalik getting rejected by the bitcoin dev team when he requested to make ETH on BTC itself?
Brody Stewart
AND BY HAVING A CURRENCY AS SMART CONTRACT IF THE BANKS OWN MOST OF THE CURRENCY THEN THEY CAN CHANGE THE CONTRACT TO CREATE A SIMILAR BUT DIFFERENT CURRENCY STARTING THE POW PROCESS AGAIN. I just realized this.
there's evidence his wallets haven't moved anything in years. Why would a scammer not use the fruits of his con labor?
Dominic Wood
Is IOTA safe to invest in as a burger
Chase Brooks
>vision heavily fueled by libertarian principles. He did not seek the interest of banks - this project was a fight against the banks. This was a grassroots uprising built on man's second greatest innovation for the expansion of free thought and expression - the internet.
s o y Gibs me monie now fren s o y
Ian Miller
Yes xmr and its sister coin, tari
Jacob Parker
Continue slaving to your overlords who have financial control over the entire planet.
>there's evidence his wallets haven't moved anything in years.
What's stopping him from creating more wallets?
>Why would a scammer not use the fruits of his con labor?
Why would a scammer need to immediately use the fruits of his con labor?
Eli Myers
I think there's an awful lot of pessimism and saltiness in this thread that doesn't help anyone. No (You)'s for you.
There's also a lot of overreaction. Bitcoin is not going to die. Even if it went to $1000 it wouldn't die out. This is an experimental field that is very new and growing very fast and I think it's really just a matter of patience at this point. All major industries go through booms and consolidations. It happened with railroads, it happened with personal computers, and now it's happening with crypto. Remember that the only reason this thread exists is because people's perceptions have been manipulated by market manipulation. This thread would not exist if USDT did not exist, for one. Crypto would have had a much slower rise up. It got too big too fast, and ultimately, 2018 so far has just been part of that correction.
This is also will send ASIC running. NO one will spend money on miners from ASIC anymore. Since it doesn't need to mined after all the coins have been collected. Meaning that life span of an ASIC miner is only equal to the number of coins that can be mined. So if a different algo is made for an alternate coin it immediately ASIC has to spend MORE RECOURCES in order to create more different miners with the same lifespan.
Blake Diaz
we users are currently at war with the central banks whether you realize it or not. their existence is at threat and already a coordinated effort against us is underway in the form of capital controls strangling new money attempting to flow into crypto. they have the governments onside with the constant fud about te*****m, securities and mo*** l********g forcing kyc and all sorts of shit on us. they have been unable to capture the crypto itself as they were caught off guard at the rise in crypto but are now attempting and succeeding in capturing the users with the acquisition of existing centralized exchanges. we were never meant to be able to trade cryptos without their cut and involvement and they seek to move to a system similar to the stock market where you are forced to use them as an intermediary and never hold your cryptos. only action is flee centralized exchange and embrace dex
Jason Lee
>he genuinely believes satoshi wasnt cia
hahahaha
Christopher Taylor
why wouldn't it be? I put all my money in it awhile ago. it'll pay off.
Nathaniel Peterson
Was with you until that last sentence - I think you could make a much better argument that we were never meant to be able to trade cryptos without miner and miner fee involvement which is the driving force behind decentralization supported by incentivization and that creating centralized exchanges of any kind that allows us to do so inevitably poisons the space.
Though the conclusion is the same - To preserve the spirit of this space, we need to seek decentralized solutions for everything in our future infrastructure - Want a stock-like exchange? Make a decentralized one (like IDEX). Want loans and credit cards for crypto? Find a way to achieve that using decentralized solutions. The whole thing is poisoned and will result in a clone of the Fiat->Gold paradigm if you poison it with centralization for critical operations.
The whole point was that these things don't change hands unless the owner of the private keys command it - True independence in interpersonal transactions of any kind.
Robert Lewis
Nobody really knows what were Satoshi's political views. From what I've read he was very cautious with politics and tried to keep Bitcoin away from it.
Easton Evans
Furthermore, cryptos don't change hands unless the owners of the pkeys command it, and the community as a whole signs off on it, facilitated via automated decentralized technology.
He was pretty clear about his stance on banks, which is somewhat political. Don't think he had a reason to talk about any other politics - Simply not relevant.
Owen Garcia
uhhh...
Brandon Young
Can you quote him on banks? I think most people tend to project their libertarian views on Satoshi. But he almost never expressed his views. From what I've read from him it looks like he was sympathetic of libertarianism but not a serious believer. He keep a distance from politics, for example he advised against WikiLeaks accepting donations in Bitcoin.
Nolan Barnes
a good argument and i concur if we dont resist and truly embrace decentralization we will get sold out and locked out
Contained in Genesis Block's data: >The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
Other quotes:
>The root problem with conventional currency is all the trust that's required to make it work. >The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. >Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. >We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.
>Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. >Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.
Ryder Morales
I agree. Let the fundamentals play out. Rome wasn't built in a day brudda.
Henry Campbell
We poured hundreds of billions of dollars into it. Every programmer with 2 brain cells to rub together is looking at this shit figuring out how to improve it. We dramatically, massively improved it. We went from 10 minute blocks to 0.5 second blocks (eos) with no fees. Smartcontracts are also a thing now. Intel is building these little 10 cent chips called crypto anchors that are for supply tracking on the blockchain.
Crypto isnt even doomed, you fucking shortsighted mongs seem to forget crypto always recovers and then 100x from its newest low point.
Also Nano is probably the closest coin to "satoshi's vision." Its the coin that would be easiest to use as money. Monero being in 2nd place.
Logan Cox
ICOs are already over. Anyone and everyone has realized almost all of them are scams by this point. You will notice prices immediately dump after ICO on just about every coin.
Nathan Anderson
You're missing two points.
One: We don't care what the stupid price does. The price is irrelevant to social adoption and is just a measure of how many people buy it as an investment to increase their Fiat stack later or some retarded shit.
In fact, full social adoption would probably enforce extremely low volatility and profitability from a trading perspective, which is a good thing.
Two: Yes, the technology will hopefully continue on by natural selection in a perfect world, but it is in fact possible for natural selection to fail if the playing field is artificially uneven. We as humans will more than likely just integrate Crypto into the system we already understand, which means it will likely be centralized all over the place, which kills the point of the crypto space - Independence and trustlessness from (((the man))).
And that's because we are bad at looking ahead into the future and making long-term good decisions in favor of short-term ones. We discount future reward at a retardedly high rate. We are monkeys who do not know what to do with this gift, and will kill our one good chance at freedom with regards to transactional functions of society.
I think that's what anons like OP, myself and others are more worried about.
Carson Price
The Genesis block data don't mean much. He could simply have picked the first thing he saw in the news.
The other quotes depict a guy who is interested in decentralization because it's more efficient (eg it makes transactions cheaper), and not necessarily for political reasons. Blockchains can be used by governments to improve surveillance and control and to reduce spending. They aren't necessarily disruptive.
Jackson Ramirez
OP here.
This
Cameron Powell
>massive increases in price are irrelevant to social adoption
Its like youve already forgotten about the normie invasion. Also the only thing that will drive permanent sustained interest is if fiat currency implodes somehow. Currently fiat is actually working quite well all things considered.
Xavier Williams
>The Times 03/Jan/2009 Chancellor on brink of second bailout for banks. Just happens to be about banking... Probably not a random article. It's the Genesis Block for goodness sake.
>The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. > >We trusted them but they debase muh currency time and time again!
>Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. > >We trusted them but they took muh currency and lent it out in credit bubbles instead of keeping it for me! > >They don't even own all the money they give out!
>We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. > >They don't have muh wellbeing in their hearts! They let theieves take muh currency because they don't make money fighting it!
>Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. > >Muh freedom! Bitcoin can make us the free-est we've ever been!
>Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own. > >Gubment "cuts off heads" of muh open source! But gubment will never stop muh P2P networks, hahaha!
To summarize: >Bashes the breaches of trust with banks throughout history >Bashes the credit bubble vs fractional reserve system >Creates an "us vs them" setup in that last quote about Gov't
There's some pretty clear sentiment that can be derived from these quotes. Of course I am exaggerating so it's more clear to any fellow autistfags reading.
Wyatt Lee
And again, I'm claiming his stance on basically everything but banks is inconclusive because he never mentions anything political except banks being inefficient and trust between us and them being a problem. That's his stance on banks, as far as we know, plus what little political sentiment we can see from his other quotes. Most of his communication was about the technology and less about this negative stuff, though.
Nolan Brooks
Meh, in the end he still managed to create an asset that is one of the most unconfiscatable items on earth. I don't think we as Humans, let alone even crypto enthusiasts have truly come to crips with what this means.
Jose Edwards
It's a shame the majority are just in it to "make it" and not see the vision evolve into the key to our shackles. I've recently gone into Monero because it will always have a use and it's the spirit of Satoshi. I'm a lolbertarian/constitionalist and believe everyone should be able to love how they please as long as it doesn't harm others.
Dominic Jenkins
Breaches of trust increase transaction costs. From a purely apolitical perspective, removing trust from transactions increases efficiency and reduces costs. You don't have to be a libertarian to agree with that. Banks cost us money, so decentralizing then would help the economy. Again, you don't need to be a libertarian to agree with this.
Jordan Long
It takes a special kind of scammer to have a pile of 5 billion dollars and not spend a dime of it.
Evan Hall
a DEAD one
John Martin
Yeah that is pretty amazing. That's precisely though why I want this community to flourish. It is amazing technology, and if implemented as it should be (decentralized and public), it would truly change the world.
Liam Peterson
Greed ruins everything. I personally blame high leveraged trading and ICOs for the demise of crypto.
No one fucking cares about anything other than going x25 long/short or whatever the fuck they doing. The world is truly fucked, and the SOLE true alternative turned into a get rich casino for fucking egotistical idiots
Chase Phillips
easy, by only accepting land, gold and other finite resources (but mostly land) in exchange for ur coins, btw i already have a coin for which i only accept those
checkmate everyone.... atm i am mapping everything that exists to its rightful value and do the timespace continuum... this bit was a bit of a half-joke but i am not larping
wanna buy?
Liam Baker
Point is, you can break free from the banks. What you want is, force everyone to do the same. You are not changing the financial system with your shitcoins nobody wants. If anything, banks will start to use a form of blockchain instead of SWIFT and current money will become totally digital. You're stupid to think you'll change the system just like that, with a system that can't even function properly.
John Butler
>In fact, full social adoption would probably enforce extremely low volatility and profitability from a trading perspective, which is a good thing. Imagine being this retarded
Wyatt Rogers
You think they're the bad actors? The bad actors are the majority of people buying into crypto. They dont care about Satoshi's vision, they dont care about cryptocurrency except as a tool to make more money.
Ayden Turner
Maybe humans aren’t ready for this. The tech came too early and it will be a long time before it reaches its true purpose. Right now everything tainted by greed.
Kayden Cruz
the god coin is mapped to each divided particle of god's consciousness and will divide at the same ratio, the time is now, the god is always
erc20 tokens are great for god
Jack Brooks
what are you talking about?
Dylan Ramirez
SKY, HOLO and NEXUS the holy trinity
Justin Myers
The coin that is coming that won't be backed just by gold, won't be backed by just the economy, won't be inflated by fiat, but whos fraction will be for every "atom" in existence. Its implementation is coming. The algorithm is coming. The universe is ever-dividing consciousness, all there is. Goodbye, fake inflated money. It won't buy you God's coin.
All life is Farming. All creation is Building. All willpower is Industry. What does it spell?
Unironically what is saving crypto is Fedcoin, I researched it and its going to revolutionize how government can manage its currency, they can program in a tax, and see exactly how they are spending and make a direct payment to education.
Who gives a fuck about Satoshi one fucking chink is not the final deciding factor as to where crypto should go
Jason Gray
Terry is a person with free will. But his brain is a conduit for the knowledge of the universe.
Daniel Watson
This is like something from a schizophrenia text hook
Ryder Miller
U.S. military created onion routing for anonym communication. Is it so hard to believe that they are Satoshi? The FED controls almost all governments and they created BTC so we can get used to cryptocurrency which they will later use to enslave us more.
Brayden Brown
what about all the other 4,000+ cryptocurrencies and the ones made today and the one I might make tomorrow
Aiden Cruz
>The visionary creator of this revolutionary technology was too autistic and/or isolated that he believed people would do what is right against ALL of human nature as opposed to milk it for everything they possibly can
Listen, people on average still live day to day. Financially, morally, and in every other way possible. Am I supposed to believe Satoshi imagined some reality wherein people stopped being utterly worthless for even a second? He expected people to actually sacrifice and have self control?
LMAO!
If you left it up to the people (and by that I mean an average person), there would be mass starvation, chaos, death, war, etc, all in record time. Look around, people's actions speak for them. They are not to be trusted with anything at all. So you're telling me that Satoshi's intention was to 'gift' this to the people, and that they would actually do what is right with it? Do you think I'm retarded?
Even IF this was not finance based, it would have ended up just like this. But the fact is that IT IS finance based, and so there is LITERALLY ZERO chance of the people 'coming together' and doing the 'right thing', EVER. There is no fucking way it would ever happen. If you believe the people are capable of such a feat, then you are either genuinely autistic and lacking crucial analytical ability, or just sub 100 IQ.
There are probably less than 1% of people GLOBALLY who have the necessary traits, intelligence, and emotional intelligence, to understand what sacrifice means, and be WILLING to see it through. Not the word 'sacrifice' but to actually understand what it means in practice.
That is why any grand 'revolutionary' idea/movement/innovation/etc such as the 'vision' people talk about will NEVER cause such a change that the way society works changes. It will always be based on a previous version, there will never be an 'idea' that grips people in such a way so as to change EVERYTHING.
Brandon Nguyen
It was Nakomoto SAtoshi zerohedge.com/news/2017-06-12/exposed-real-creator-bitcoin-likely-nsa-one-world-currency
>Tether on brink of second billionth bailout for bitcoin.
Jeremiah Clark
you think it can't be worked out and mapped to reality?
Because despite being worshipped as some sort of god-like figure within crypto, he's actually just like every other 'billionaire' who succumbed to the numbers game that is accumulation of wealth. It's just numbers on a screen at this point, for him and everyone else. Obviously, there isn't much he can do in such a position because he can't just give it away either. So what can he do?
Well, he's either living in relative seclusion and probably not extravagantly, or he was already well off to the point he doesn't need it, and like I said, it's just a game, numbers on the screen go up and down while he lives his life anyway.
If cryptocurrency and Bitcoin in particular is definitely the future, then why would him sending every single Bitcoin in his wallets have any impact long term on Bitcoin? Obviously the price would crash, but I thought Bitcoin was the future? I thought it's only a matter of time until everyone is using it anyway?
Because he is human like anyone else and it is probably very difficult to give up such power, and just like everyone alive on Earth right now, he's corrupted just like we're all corrupted.
>Take down the banks! >Bank the unbanked! >Free the people of a life of debt and misery
It was a sales pitch all along, you idiots.
Ayden Thomas
Well what the fuck do you expect me to do about it?
Ethan King
you sound just like every other jew out there
Aaron Nelson
he was already famous
Andrew Morris
stop shitting on the streets, for starters, pajeet.
Joshua Perez
If Satoshi is so kind-hearted and well meaning with his 'vision', then he would have no problem sending me 100 BTC right now:
17DKgqDwwNtmd1DwWhHuobFmvhH1JvsSh8
I mean, it's the future right? "Free" the people? Well, I'm in need of some freedom right now. Sure, the price will dip if he sends from an old wallet.. but it's the future anyway? It will recover! So why doesn't he be a man of his word and go ahead. I am 100% serious. He's posted here before, no doubt.
Not really.
I doubt, but I bet he had some notoriety in some smaller way.
