It is not freedom or anonymity. It's barely pseudonymity to strangers. "They" have everything.
It was created and released quite suddenly, got so much hype that it didn't deserve, and not only survived but is thriving like never before. All coded by a pseudonymous "Satoshi".
Double Hegelian Dialectic. 1 Problem, 2 Problem-solution, 3 final solution. 1 Fiat, 2 global cashless society so many hate, 3 "Secure" and "anonymous"-sounding crypto. Funneled right into their plan.
The blockchain is a PUBLIC ledger stored in millions of copies across a decentralized network, consisting of ALL transactions. Ever. And "They" have the computing power and AI software to unravel it -- you don't. You think your real IP, MAC, or other address isn't siphoned out and tied to every BTC wallet that they can later reference? They own the infrastructure all data is built upon. You cannot use it without their consent, control, and surveillance.
They can manipulate its value more easily even than the stock market, which they already fiddle with. Not so much as you think -- that isn't necessary. Think "Office Space". They own the computers the sales run on, and a fraction of a millisecond now can shave every coin that passes through -- on both ends. Multiple times. Only a gentle ripple need be present if you can collect energy from the whole pond.
It isn't even pseudonymous. Every transaction, every text message, every BB post, every voice call, every email - it all runs over their computer backbones.. and you think they can't control network consensus? That they can't simply inject MITM attack anywhere they please?
And BTW, you think the "dark web" isn't simply running on top of their same backbone? That they don't have the ability to decrypt in realtime what THEY wrote the encryption algorithms for? You think encryption really matters if they're the ones you're trying to hide from?
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Conspirologist ago
Crypto is anonymous. What will stop them from taking away all your crypto?
wrathfulmomes ago
Wrong! And that's a dangerous false sense of security!
Read what I wrote. it is NOT anonymous. It is //at best// pseudonymous.
It is NOT anonymous. The blockchain is PUBLIC. PUBLIC. That's what the blockchain is. That's the very foundation of how it WORKS, lol. It works by virtue of network consensus of public transaction records. JFC... Do you believe Antifa is anti-fascist too? That the ADL is against defamation? That the patriot act is patriotic?