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posted ago by magayd45 ago by magayd45 +33 / -0

I used to be so confident about bitcoin until i discovered Trump said “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….” back in 2019. Now i'm starting to think shit like what if it's just some bs ponzi scheme that the deep state motherfuckers use to launder money? I mean, Trump gets pretty much everything else right. Anyone got any opinions on this?

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ChilledCovfefe 5 points ago +5 / -0

On one hand, his statement describes paper money too. On the other hand, the inventor of Bitcoin is a complete mystery. It’s some mythological guy. So maybe the cia and deep state created it? Who knows, but it’s hard for me to trust it without knowing who created it. Gold and silver I think are the solution if we can move back to money backed by metal.

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fegeline 2 points ago +2 / -0

the inventor of Bitcoin is a complete mystery. It’s some mythological guy.

In open source software, it doesn't matter who the inventor is. If the project start to follow a path most people disagree with a fork can be made at any point. Back doors could be found and proven to exist by anyone, so only an idiot would even attempt to include them in the first place.

So maybe the cia and deep state created it?

CIA made SHA2, the hash algorithm used for mining. It's used in almost any software that utilize encryption and it's open source. No known back doors or vulnerabilities. It's not a problem until CIA release some proprietary software, if they did, then stay far away.

Gold and silver I think are the solution if we can move back to money backed by metal.

Gold and silver is hard to verify, if you buy a solid gold brick, how do you know for sure it's solid gold and not just a regular brig covered in a thin sheet of gold?

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smart_bitcoin 1 point ago +1 / -0

US Naval Intelligence invented The Onion Router, aka Tor browser