Quantum Computers Will Destroy Bitcoin, Scientists Warn

Words from the founders of ABCardO

The family of public-key cryptosystems, a fundamental breakthrough in modern cryptography in the late 1970s, has increasingly become a part of our communication networks over the last three decades. The Internet and other communication systems rely principally on the Diffie-Hellman key exchange, RSA encryption, and digital signatures using DSA, ECDSA, or related algorithms. The security of these cryptosystems depends on the difficulty of number theory problems such as Integer Factorization and the Discrete Log Problem. In 1994, Peter Shor showed that quantum computers could solve each of these problems in polynomial time, thus rendering the security of all cryptosystems based on such assumptions impotent. In the academic world, this new science bears the moniker Post-Quantum Cryptography (PQC).
In August 2015, the National Security Agency (NSA) published an online announcement stating a plans to transition to quantum-resistant algorithms. In December 2016, the National Institute of Standards and Technology (NIST) announced a call for proposals of quantum resistant algorithms with a deadline of November 30th 2017.
In light of the threat that quantum computers pose to cryptosystems such as RSA and ECC, the once-distant need to develop and deploy quantum-resistant technologies is quickly becoming a reality. Cryptocurrencies like Bitcoin are new financial instruments which are created to make financial transactions more efficient, cheaper, and decentralized. Their fundamental building blocks are cryptographic algorithms such as ECC digital signatures which are used to perform various functions to ensure the integrity and security of the whole system. However, the use of ECC signatures and other similar cryptographic algorithms means that quantum computing could pose a fatal threat to the security of existing cryptocurrencies, which deploy number theory-based public key cryptosystems extensively.
The mission of the ABCMint Foundation is to successfully develop quantum-resistant blockchain technology. We also look to promote and support fundamental research for quantum computing technology and post-quantum algorithms.
submitted by prelude406 to ABCardO_PQC [link] [comments]

Part 6. (Last part) I'm writing a series about blockchain tech and possible future security risks. Failing shortcuts in an attempt to accomplish Quantum Resistance

The previous parts will give you usefull basic blockchain knowledge and insights on quantum resistance vs blockchain that are not explained in this part.
Part 1, what makes blockchain reliable?
Part 2, The mathematical concepts Hashing and Public key cryptography.
Part 3, Quantum resistant blockchain vs Quantum computing.
Part 4A, The advantages of quantum resistance from genesis block, A
Part 4B, The advantages of quantum resistance from genesis block, A
Part 5, Why BTC is vulnerable for quantum attacks sooner than you would think.

Failing shortcuts in an attempt to accomplish Quantum Resistance
Content:
Hashing public keys
“Instant” transactions
FIFO
Standardized fees
Multicast
Timestamped transactions
Change my mind: If a project doesn't use a Quantum Resistant signature scheme, it is not 100% Quantum Resistant.
Here are some of the claims regarding Quantum Resistance without the use of a quantum resistant signature scheme that I have come across so far. For every claim, I give arguments to substantiate why these claims are incorrect.
“We only have public keys in hashed form published. Even quantum computers can't reverse the Hash, so no one can use those public keys to derive the private key. That's why we are quantum resistant.” This is incorrect.
This example has been explained in the previous article. To summarize: Hashed public keys can be used as an address for deposits. Deposits do not need signature authentication. Alternatively, withdrawals do need signature authentication. To authenticate a signature, the public key will always need to be made public in full, original form. As a necessary requirement, the full public key would be needed to spend coins. Therefore the public key will be included in the transaction.
The most famous blockchain to use hashed public keys is Bitcoin. Transactions can be hijacked during the period a user sends a transaction from his or her device to the blockchain and the moment a transaction is confirmed. For example: during Bitcoins 10 minute blockchain, the full public keys can be obtained to find private keys and forge transactions. Page 8, point 3 Hashing public keys does have advantages: they are smaller than the original public keys. So it does save space on the blockchain. It doesn't give you Quantum Resistance however. That is a misconception.
“Besides having only hashed public keys on the blockchain, we also have instant transactions. So there is no time to hijack a transaction and to obtain the public key fast enough to forge a transaction. That's why we are quantum resistant.” This is incorrect and impossible.
There is no such thing as instant transactions. A zero second blocktime for example is a claim that can’t be made. Period. Furthermore, transactions are collected in pools before they are added to a block that is going to be processed. The time it takes for miners to add them to a new block before processing that block depends on the amount of transactions a blockchain needs to process at a certain moment. When a blockchain operates within its maximum capacity (the maximum amount of transactions that a blockchain can process per second), the adding of transactions from the pool will go quite swiftly, but still not instantaneously.
However, when there is high transaction density, transactions can be stuck in the pool for a while. During this period the transactions are published and the full public keys can be obtained. Just as with the previous hijacking example, a transaction can be forged in that period of time. It can be done when the blockchain functions normally, and whenever the maximum capacity is exceeded, the window of opportunity grows for hackers.
Besides the risk that rush hours would bring by extending the time to work with the public key and forge transactions, there are network based attacks that could serve the same purpose: slow the confirmation time and create a bigger window to forge transactions. These types are attacks where the attacker targets the network instead of the sender of the transaction: Performing a DDoS attack or BGP routing attack or NSA Quantum Insert attack on a peer-to-peer network would be hard. But when provided with an opportunity to earn billions, hackers would find a way.
For example: https://bitcoinmagazine.com/articles/researchers-explore-eclipse-attacks-ethereum-blockchain/
For BTC: https://eprint.iacr.org/2015/263.pdf
An eclipse attack is a network-level attack on a blockchain, where an attacker essentially takes control of the peer-to-peer network, obscuring a node’s view of the blockchain.
That is exactly the recipe for what you would need to create extra time to find public keys and derive private keys from them. Then you could sign transactions of your own and confirm them before the originals do.
This specific example seems to be fixed now, but it most definitely shows there is a risk of other variations to be created. Keep in mind, before this variation of attack was known, the common opinion was that it was impossible. With little incentive to create such an attack, it might take a while until another one is developed. But when the possession of full public keys equals the possibility to forge transactions, all of a sudden billions are at stake.
“Besides only using hashed public keys as addresses, we use the First In First Out (FIFO) mechanism. This solves the forged transaction issue, as they will not be confirmed before the original transactions. That's why we are quantum resistant.” This is incorrect.
There is another period where the public key is openly available: the moment where a transaction is sent from the users device to the nodes on the blockchain network. The sent transaction can be delayed or totally blocked from arriving to the blockchain network. While this happens the attacker can obtain the public key. This is a man-in-the-middle (MITM) attack. A MITM is an attack where the attacker secretly relays and possibly alters the communication between two parties who believe they are directly communicating with each other. No transaction is 100% safe from a MITM attack. This type of attack isn’t commonly known amongst average usergroups due to the fact communication is done either encrypted or by the use of private- public key cryptography. Therefore, at this point of time MITM attacks are not an issue, because the information in transactions is useless for hackers. To emphasize the point made: a MITM attack can be done at this point of time to your transactions. But the information obtained by a hacker is useless because he can not break the cryptography. The encryption and private- public key cryptography is safe at this point of time. ECDSA and RSA can not be broken yet. But in the era of quantum computers the problem is clear: an attacker can obtain the public key and create enough time to forge a transaction which will be sent to the blockchain and arrive there first without the network having any way of knowing the transaction is forged. By doing this before the transaction reaches the blockchain, FIFO will be useless. The original transaction will be delayed or blocked from reaching the blockchain. The forged transaction will be admitted to the network first. And First In First Out will actually help the forged transaction to be confirmed before the original.
“Besides having only hashed public keys, we use small standardized fees. Forged transactions will not be able to use higher fees to get prioritized and confirmed before the original transactions, thus when the forged transaction will try to confirm the address is already empty. This is why we are quantum resistant.” This is incorrect.
The same arguments apply as with the FIFO system. The attack can be done before the original transaction reaches the network. Thus the forged transaction will still be handled first no matter the fee hight.
“Besides the above, we use multicast so all nodes receive the transaction at the same time. That's why we are quantum resistant.” This is incorrect.
Multicast is useless against a MITM attack when the attacker is close enough to the source.
“Besides the above, we number all our transactions and authenticate nodes so the user always knows who he's talking to. That's why we are quantum resistant.” This is incorrect.
Besides the fact that you’re working towards a centralized system if only verified people can become nodes. And besides the fact that also verified nodes can go bad and work with hackers. (Which would be useless if quantum resistant signature schemes would be implemented because a node or a hacker would have no use for quantum resistant public keys and signatures.) There are various ways of impersonating either side of a communication channel. IP-spoofing, ARP-spoofing, DSN-spoofing etc. All a hacker needs is time and position. Time can be created in several ways as explained above. All the information in the transaction an original user sends is valid. When a transaction is hijacked and the communication between the user and the rest of the network is blocked, a hacker can copy that information to his own transaction while using a forged signature. The only real effective defense against MITM attacks can be done on router or server-side by a strong encryption between the client and the server (Which in this case would be quantum resistant encryption, but then again you could just as well use a quantum resistant signature scheme.), or you use server authentication but then you would need that to be quantum resistant too. There is no serious protection against MITM attacks when the encryption of the data and the authentication of a server can be broken by quantum computers.
Only quantum resistant signature schemes will secure blockchain to quantum hacks. Every blockchain will need their users to communicate their public key to the blockchain to authenticate signatures and make transactions. There will always be ways to obtain those keys while being communicated and to stretch the period where these keys can be used to forge transactions. Once you have, you can move funds to your own address, a bitcoin mixer, Monero, or some other privacy coin.
Conclusion
There is only one way to currently achieve Quantum Resistance: by making sure the public key can be made public without any risks, as is done now in the pre-quantum period and as Satoshi has designed blockchain. Thus by the use of quantum resistant signature schemes. The rest is all a patchwork of risk mitigation and delaying strategies; they make it slightly harder to obtain a public key and forge a transaction but not impossible.
Addition
And then there is quite often this strategy of postponing quantum resistant signature schemes
“Instead of ECDSA with 256 bit keys we will just use 384 bit keys. And after that 521 bit keys, and then RSA 4096 keys, so we will ride it out for a while. No worries we don’t need to think about quantum resistant signature schemes for a long time.” This is highly inefficient, and creates more problems than it solves.
Besides the fact that this doesn’t make a project quantum resistant, it is nothing but postponing the switch to quantum resistant signatures, it is not a solution. Going from 256 bit keys to 384 bit keys would mean a quantum computer with ~ 3484 qubits instead of ~ 2330 qubits could break the signature scheme. That is not even double and postpones the problem either half a year or one year, depending which estimate you take. (Doubling of qubits every year, or every two years). It does however have the same problems as a real solution and is just as much work. (Changing the code, upgrading the blockchain, finding consensus amongst the nodes, upgrading all supporting systems, hoping the exchanges all go along with the new upgrade and migrate their coins, heaving all users migrate their coins.) And then quite soon after that, they'll have to go at it again. What they will do next? Go for 512 bit curves? Same issues. It's just patchworks and just as much hassle, but then over and over again for every “upgrade” from 384 to 521 etc.
And every upgrade the signatures get bigger, and closer to the quantum resistant signature sizes and thus the advantage you have over blockchains with quantum resistant signature schemes gets smaller. While the quantum resistant blockchains are just steady going and their users aren’t bothered with all the hassle. At the same time the users of the blockchain that is constantly upgrading to a bigger key size, keep on needing to migrate their coins to the new and upgraded addresses to stay safe.
submitted by QRCollector to CryptoTechnology [link] [comments]

Top 100 Marketcap Coins in 5 words or less

Here goes. This is all for jokes, if you have a better description or one is missing, just comment and I'll add it in ;)
Special:
Edit: Fuck formatting a list this long
submitted by OsrsNeedsF2P to CryptoCurrency [link] [comments]

The Forthcoming CryptoTrapdoor

TLDR: CIA wants you to use bitcoin, but CIA is bad and they are up to something. When you've traded your last dollars, they'll laugh and pull the plug on bitcoin. Then you will be sad.
UPDATE:
Google is developing cryptocoin tools. Ok so the problem with that is manifold
  1. ) We know google is CIA; CIA is very untrustworthy--they've spied on us illegally since 9/11 created a security state junta; they got their start with inqtel a cia company; assange says its cia; everything they do from censoring technopopulists to promoting a fugitive from the law hillary clinton (by our FBI's own admission in congress!) over a lawfully elected president, while undermining the same....all suggest Google is still CIA.
  2. ) CIA was effectively a merger of former US intelligence and expropriated Nazi intelligence and researchers (Operation Paperclip), guided by a Nazi sympathizer whose post-WW2 work was serving as a lawyer and strategist to assist Nazi officers escape punishment and hide their wealth through various financial proxies (Allen Dulles). This is our true history. Dulles also was fired by JFK and then was charged with producing the Warren Report about JFK's assassination. MKULTRA is where we drugraped teens to blackmail politicians (brownstone ops), drugraped prostitutes and soldiers (edgewood), and performed unethical human experimentation that continues to this day. That was CIA, Navy, Darpa
  3. ) I'll say it again, a Nazi sympathizer who hid nazi gold in switzerland and ran ratlines to argentina for nazi officers, who wanted to use a false flag operation to destroy Cuba but was denied, was in charge of JFK's investigation. Kind of like having a Deepstate operative like Robert Mueller type in charge of the official 9/11 report isn't it?
  4. ) CIA is Wall Street's private army.
  5. ) NSA scans your emails, your text messages, all your information---"capture it all". They have been caught several times front-running on your private data. Any screenplay you wrote, any invention you put in a file on the google drive, and investments you're planning, any business projects you're in----they have already read and are already using in an anti-competitive way, front running on your good ideas.
  6. ) Through asset forfeitures, the US Government has a majority of Bitcoin; this is from mt gox hack recovery, silk road, silk road 2, alphabay and other darknet seizures abroad of bitcoin
  7. ) The US Government has spent 6 months colluding with the media to undermine Trump with a fake story that everyone now knows is fake (except a vanishingly few marginal, sophomoric violents, antifa types in california).
  8. ) The FBI has spent now over a year maintaining a falsified document leveraged to create a disinfo to create a psychological war against US citizens, in lieu of doing their ACTUAL job of busting a now-widely known SPY RING IN CONGRESS
  9. ) The US Government (Permanent State) has been bitching, moaning, whining about every little thing Trump has done; failing to recognize his accomplishments which are objectively pro-citizen; while letting very high level criminal avoid punishment---creating a dual justice system
  10. ) Cryptocoin has skyrocketted based well beyond confidence if you look historically at DOW industrial trends...this is a bubble, an obvious bubble. Who is blowing this bubble? Well look who has the majority share
  11. ) You don't know who runs the exchanges, but the modus operandi of those who run the exchanges are that of both criminals and intelligence agencies. I suggest it's both of them working together to run the exchanges
  12. ) After all, you can't mine bitcoin now, if you do you'll lose money because electricity to mine costs more than what you'll get from mining unless you already own vast mining infrastructure--this is the marginal cost of mining. The marginal cost of mining far exceeds purchase price of bitcoin so you might as well buy it
  13. ) Who has spare bitcoin to sell, if mining is so unprofitable AND bitcoin keeps going up? Who would sell bitcoin if it's that compelling? LOL THINK! G D it. THINK!!!! Use your brain. Someone is dumping bitcoin on you, and you're eating it up, thinking you're a genius for investing in it so early.... it's a trap...it's a honeypot. Owning a bitcoin is not a illuminati scout member badge into an exclusive club you dolts
Given that the US Security-Industrial complex, the 17 agencies, primarily CIA, NSA, FBI, NGA, DoD have been using that unaccounted-for 20T dollars now to spy on--not only us, the lumpen citizens of US, but also our Congress members--through the Pakistani liaison loophole of the Awan Brothers, it's very clear that they have NOT honored the underlying principles and values of our constitution and our culture generally. They are concerned with making money by any and all possible means---even through absolute evil--and they are concerned with controlling society very rigidly through technology, psychology, exploitation of human fears, wants and aspirations.
One way to control people is through money. When society gets out of control, especially when they start to doubt, or to hate, the control imposed upon them, the government goes absolutely insane
Because we've already proven in an earlier post that the US Government is the batshit paranoid conspiracy theorist that has ever existed, and it uses any and all desperate measures to control people's minds. That is it's true purpose and operating principle above all else. Money is just a means to that end. The mental health industry is a means to that end. The music and film industries are a means to that end. Academia is a means to that end. Modern art is a means to that end. I could go on and on how the CIA has inserted itself into all aspects of culture to create an enormous establishmentarian cult, but that's not the point of this post--though mentioning this is germane to this post to the extent that it's necessary to understand in the context of the CRYPTOCOIN TRAPDOOR>>>
So what is this cryptocoin trapdoor?
Hmm. Let me try to explain this in terms of a ruse that happened to me last year. I was invited to join a sub /sphinxclub which was ostensibly an 'antimason' sub. I had been down on freemasons / jesuits (still am) at least high level ones. I see them as the common denominator in many of these strategies-of-tension around the world, and the evidence for that is overwhelming. So I joined sphinxclub and after little activity we asked the sub's creator "so what is this sub about, what are we doing here, who wants to start the dialogue". The answer was something like "we're waiting for 20 mods to be invited so we can open the trapdoor and send everyone into hell". I thought it was a joke, and then there was an 'assignment' which I believed (in my opinion) was asking people to commit an act of left-wing terrorism against a defense contractor in florida who was believed to be using electromagnetic waves as harassment and mind control to create 'mass murder shooters' like the Navy Yard shooting. Of course I'm interested in figuring out if there's truth to this, but the means was illegal, so I left.
This strategy is both a honeypot and a trapdoor. Honeypot to bring you in and waste your time (timeloop you, waste your effort otherwise spent on writing subversive essays that undermine the establihment). Trapdoor to get you put in jail.
I believe crypto is the same type of honeypot-trapdoor
Honeypot because
  1. ) Honeypot because it's going up very quickly and now bitcoin is worth more than gold
  2. ) John McAffee a renowned technologist and drug-addled madman with spooky origins says he'll eat his penis if bitcoin isn't worth more than what a million by 2020? Something like that. He allegedly has his own mining facility in latin america, iirc.
  3. ) Honeypot because Google is now going to support it
  4. ) Honeypot because US Gov is looking the other way and China supported it
Tradoor because
  1. ) China banning it
  2. ) Finanical experts warning it's a fraud
  3. ) Me warning it's a fraud because the NSA has over 2000 Qbit quantum computers now and likely runs the exchanges
  4. ) Ebay is using it -- George Webb's research tied Omidyar directly to Deepstate
  5. ) CIA is Wall Street's private army and cannot have a situation they dont' control.
  6. ) Max Keiser and Stacey Hubert have said, numerous times, with many financial guests that NSA/CIA are manipulating markets while using the media to have you believe it's anarchic...it's an illusion
  7. ) JP Morgan is trying to manipulate crypto in europe now
  8. ) If you exchange your dollars for bitcoin, and then bitcoin plummets, then the elite have just taken your last bit of wealth away
  9. ) At this point the only people who can make money off bitcoin ARE the elite, so buying crypto is a cannabalization of dollar-owners by the political elite on the industrial/retail elite -- intelligence-aligned (dynastic) rich are eating the nouveau rich; and they are eating left-coast crypto liberals also
  10. ) EDIT: Oops forgot about civil asset forfeiture of unpaid capital gains taxes on crypto being like a stock
What is your agenda with this anti-bitcoin stuff?
I have none. These are just my thoughts I'm sharing with you and why I no longer support bitcoin until such time there are laws that guarantee that these things I worry about are inhibited. In other words, we need a non-corrupt intelligence community and guarantee they aren't manipulating it before I can trust using any kind of crypto currency. I'm telling you because I want you to make sound choices with your money and be happy and have a good safe life.
The best thing you can do right now is watch this video
What can you do?
Buy gold, silver, platinum. Or a tractor. Or bullet making equipment. Because guns are worthless without bullets.
Sources
submitted by 911bodysnatchers322 to C_S_T [link] [comments]

More unanswered questions about Bitcoin from a butthurt crypto critic

copypasta'd from my zerohedge comment section
These people still haven't adequately explained several things to us
1) Why they think that totalitarian governments who now have quantum computers and 5000+ qbit processors can't unzip the blockchain and aren't actively doing this now or trying to. We know that a 4 qbit processor can crack a 4bit encryption by merit of the fact a it calculates all possible solutions in parallel and picks the correct one, whereas a linear processor must try each one sequentially, making time to brute force crack a password grow at least linearly/proportionately with the size of the key(s) or geometrically with stronger crypto algoritms. The point is that these algos are not quantum proof, and that is said in their own literature in science journals. So that's point 1.
2) Point 2--Why adopt and put all your faith in this scheme if the governments haven't sanctioned it? And even if they have, they are super DUPER corrupt. The last year alone and all the scandals should tell you have the CIA operates and they have actively trying been trying to create a 2 class society of upper and underclass....why do you think a system like this is safe if it truly empowers the underclass and isn't a ploy to get them to invest their actual dollars into it and then turn the lights off and that money has been taken away.
You may say, 'taken away'? You mean destroyed, right? When stock falls it's gone right? NO. Not in the case of crypto. If you mined it, then the energy industry has your money, because it took money to mine bitcoin.
3) Bitcoin is so difficult to mine now (complexity has increased) that the barrier to entry is so high that you have to own a solar farm of your own and a datacenter to do it; so most people either PAY for bitcoin, or they PAY someone else with a datacenter to mine in the cloud, which is increasingly a stupid option because it's risky and the payoff is not so much as to be more desirable than buying bitcoin
Where do you buy bitcoin then? Especially since it keeps going UP UP UP, who in their right mind is going to sell it?
Exchanges
Where do they get their bitcoin from? Mining? HAHA that's a laugh, miners making bitcoin aren't going to sell it
WHere do you get bitcoin from when no one wants to sell?
4) Well you get it from Exchanges
Ok who owns the exchanges?
....
....Anyone..?
...?
I'm guessing it's the CIA / NSA / DEA. After all they confiscated a ton of bitcoin from darknet drug sites and continue to do so on a daily basis. WIth the shutdown of Silk Road, Silk Road 2, Silk Road 2.2, Alphabay, they are setting people up, getting their bitcoin and their drugs
Wash rinse recycle
Bitcoin price goes up as it becomes more rare...right? I mean you thought this was just from some market cap going up at an accelerated pace? Why would it do that if the complexity is getting harder....?
..Oh because the NSA is using their computers now probably to mine bitcoin to keep this illusion going
Some people are probably injecting real money into this thing, but they are buying bitcoin from the FBI, Counterintelligence, DEA, CIA, NSA, etc...the intelligence community as a drug interdiction/money laundering darknet honeypot by my estimation
I could be very wrong. We don't know but it's a better explanation than any I've heard.
5) Anyone (like the teen) who bought into bitcoin and then bought a house with it will eventually be targetted by Sessions / DOJ for failing to pay capitol gains tax on it. Therefore it will be subject to asset forfeiture and seized byt he government.
I KNOW this is going to happen. I KNOW IT WILL. You can be all cavelier about it, but this is an inevitability.
I don't see Congress passing any kind of bitcoin or crypto related capital gains tax bills because these people can't find their way out of a paper bag or even remember to take their Alzheimers meds, much less understand EVEN REMOTELY how crypto works
So the DOJ/IRS are going to use this as a mass wealth grab strategy and the media will just be like, "hey you don't get something for nothing", "no free lunch", "#shrugsnotdrugs", "bit what?"
So if they legitimize bitcoin, they will probably asset forfeiture
If they de-legitimize bitcoin, they will use the incredible infrastructure of the NSA to block bitcoin like they've done bittorrent and VPNS. You'll fight them for a while but you will fail. ISPs will be mandated to block or cut off your internet if you use crypto
I doubt they'll do option 2, so they'll do option 1 and take your unpaid capital gains tax
submitted by 911bodysnatchers322 to C_S_T [link] [comments]

Sorry if this is 'duh' but it would appear Cryptocoin is the New World Order's currency system of choice. They've been pushing us to it, Venezuela is the canary in the coalmine

So this just happened
An Insider's View Of The Bitcoinization Of Venezuela
Venezuela being 'saved' by cryptocoin.
This story, coupled with many other pro-crypto tales, bitcoin surpassing the value of gold, super aggro ICO values, my previous and ongoing quantum attack and exchange cia cutout 'concerns' (huge red flags) about an otherwise seemingly 'technopopulist' evolution of property exchange that I should be wholeheartedly behind, given my own populist (techo-populist) drives, principles, values...I still have pause.
I've had time to think about this and all the signs are pointing towards an inference that the decision has been made by supranationalists (CFR, Atlantic Council, Trilateral commission, Bilderberg) to get behind the cryptocurrency now. They aren't fighting it. They are supporting it. While asset forfeituring cash, warring on cash; the rest of the world is de-dollarizing and it's not because "they hate Trump". The whole world can't possibly be behind all the globalists, but boy does our media want you to think that.
Crypto could still be a honey trap like I said; but it could also be the NWO currency of choice. Either way it's not an anarchists best friend if the exhanges are run by Global; or if they can unzip the blockchain with 2000 qbit dwave computers.
Either way, if you buy into it, you're in trouble because it's clear as day that it's a bubble being created by this deepstate group, it's an illusion, and that can only mean their dominance and ability to manipulate it has reached a level of reliability that they are comfortable with.
Probably through AI, and probably through quantum DWAVE making high frequency exchanges to create artificial bullishness in regular markets as well as cryptocoin currency exchange rates.
I guess they have sauron trained on enough data that it can move stuff around quickly and keep the markets from crashing. Is this a good thing? I think it's illusion, all you're doing is stacking more jenga blocks higher which means when a crash does inevitably happen it's going to be a wider scale disaster. I personally prefer Russia's strategy of actually balancing their debt and slowly growing wealth--it's safer.
After all we find out all these online services that we use day-to-day whose advertised aim is to 'empower the people' are simply illusional. Why wouldn't financial systems be similarly illusional? They're made by the same people, what do they have that we don't? AI? Nope we got that, it's called troll accounts that are easy to spot.
Who is illusional and why are they illusional?
They are illusional because they are fake, limited hangouts that have been trojan-horsed, compromised, backdoored, powerbottomed, hijacked, phished, hacked, subsumed, tethered, moored, inculcated, incorporated, conflated and generally taken-over by the deepstate, and / or "were always deepstate we just didn't know and if you still don't know where the hell have you been exactly?"
If your government is willing to go to the lenghts they've show to go to fool you socially, why wouldn't they fool you financially? In fact many have blown the whistle for decades on the foolishness of the federal reserve and we've listened but there's not much we can do about it.
I'm still in a place where I can't recommend people run towards the NWO's sanctioned alternative to cash money system, because I think it's very unsafe---FROM THEM. So whether I'm right about it being a honeypot to siphon off your wealth and then pull the plug by bringing down the powergrid, in a totally non-believable hegelian ploy and psyop of "Korea attacked our power grid"
OR
if it's the NWO currency of choice
What is exceedingly clear to me is that bitcoin is not what it's advertised to be: a free and independent and secure money system. There's too many unanswered and non-guaranteed problems with it. I'd be safer investing in cannabis, and we know how tenuous that is.
submitted by 911bodysnatchers322 to C_S_T [link] [comments]

Steemit is probably control grid. The litmus tests are it's bitcoin basis, avaricious virality, people like WAC supporting it, and that they suppress 'conspiracy'

Steemit is based on bitcoin, they claim. That makes it censorship resistant, they say. We honestly don't know their backend, we have to trust that they aren't casting an illusion on us by publishing technical details of steemit's working that don't actually match reality. It would be trivial to spoof the alleged activity and mechanisms of bitcoin on steemit. If you don't get to see the backend, you just have to believe them. They use their own steemit currency also.
It does seem, however, to be legit if people are getting paid. But there are ways to spoof that also...you could have an internal currency and 'curators' who decide what something is worth (see the 'bernie sanders scam dollarvigilante' post below).
For example, the US government has unlimited money ('QE') to spend on a successful propaganda campaign to destroy reddit. After all, knowledge is power and the total fucking distrust of the american people towards the government is priceless.
Secondly, if Bitcoin itself is a scam, then steemit is a scam too.
Bitcoin involves cracking a code. Who has the most / best equipment to crack codes? The NSA. They have a few trillion dollars invested in a whole building that is a computer. Because of US Military Intelligence's (USMI's) NSA PRISM, bitcoin is an Elitist system you no longer have access to. I'll expand.
You can no longer make money on it if you didn't get in on it from the get-go. It's a ponzi scheme. In order to mine for bitcoin, you have to have expensive equipment. You can't buy enough equipment now to make enough bitcoin to pay for it and make a narrow margin, because of the way the system has worked. In the beginning, mining was easy, but now it's all mined out and more computer power + time is needed to unlock harder puzzles. That's just how it works.
So to start now, you'd need an astronomical investment in computer equipment and lots of spare, discounted energy, like for example a solar farm. No one has that. It's inherently more elitist as time goes on. If you started now, with your computer, it would take over 20 yrs on average to get a bitcoin block, if you ever did get one--which you might not.
My point is that bitcoin has always been elitists, never democratic. It was never based on anything other than who has the most energy and technology. People who got started early have the equipment, so does the USMI. USMI also has unlimited power: they have excess coal reserves, some hydro, some solar and wind, and lots of natural gas and fracking petrol; they also have nukes, which means 'cheaper oil than everywhere else in the world....or else'.
Therefore, the people who will have the most bitcoin at the end of the day is the US military and the 1%, period.
It's also pretty clear the NSA are developing quantum computers. People have speculated that bitcoin at present does not use quantum safe algorithms, and therefore at some point the US Mil can steal all the bitcoin that hasn't been transferred into a paper wallet. That paper does no good either because the moment that bitcoin is put into a usable electronic wallet and a firewall opened, bam, it could be taken by an omnipresent AI agent that's running as several autonomous micro instances in your dishwasher, nest AC controller, your amazon dash button, your iphone, etc.
First they fight you, then they win
Only Governments engage in activities that involve inhibiting or threatening cryptocurrencies (and it's useful to mention they fight crypto tools generally...they fought pgp, they fought phpphone, they fought tor, they fought i2p, freenet, torrent, VPNs, they totally undermined SSL with heartbleed, etc).
Then the Silkroad busts. Other darknet sites. Hacks on bitcoin exchanges and banks. Threats of TOR being undermined, heartbleed SSL bug making everyone question everything's security.
Who ended up with that money? The 1%.. The NSA? <-- coin telegraph or cointel-egraph
You will notice the US Government fought bitcoin at first, trying to rope in the IRS, the SEC and trying to lawyer up on bitcoin, threatening everyone who was playing, and dissuading everyone from getting in on bitcoin. (interesting, eh?)
Until the moment they seized the 20M or so in bitcoin from silkroad. And that happened around the same time the exchanges were starting to be compromised and bitcoin stolen. Then suddenly, the US changed its tune and bitcoin is no longer a threat. Why is that? Think!
It's that now that bitcoin has value (ie: bitcoin now has the potential to be exchanged for goods and services because of the public's trust of the currency to have said value), and that if the US has the lion's share of bitcoin, well they wouldn't to go fighting against a currency because that would only destroy its value. They aren't going to destroy their own wealth, or act against it, in other words.
Avarice and SCAM
When I first went to Steemit, this article was prominent. Now you can't find it unless you search. Everyone should read, esp. about how Sanders is abusing the system.
https://steemit.com/steemit/@dollarvigilante/steemit-is-a-scam-how-bernie-sanders-screwed-me
Yet, it's now back up to 2k+ Which is good.
Also this user 'knows the CEO' and made 12k in one month, isn't that something. Too bad I don't know the CEO
https://www.reddit.com/steemit/comments/4qug59/is_steemit_legit/d4y7yow https://www.reddit.com/steemit/comments/4qug59/is_steemit_legit/d4z2je1
and yet
https://www.reddit.com/steemit/comments/4tmrgy/steem_is_scam_proof_inside/
Conspiracy tag suppression
https://www.reddit.com/conspiracy/comments/4x54ij/steemit_selfcensorship_of_tag_conspiracy_it/
WAC supports it, so it's control grid
https://www.reddit.com/conspiracy/comments/4yily6/steemit_a_reddit_alternative_takes_up_steam_with/d6nyazx
Fluke, you are my faaather
https://np.reddit.com/conspiracy/comments/4w5man/luke_the_snook_wacoffski/
But! Corbett supports it
I trust James Corbett, but I don't know why he's so quick to jump on steemit. Seems premature, especially since they clearly suppress the conspiracy tag.
And knowing the relationship of bitcoin to power (it's a petrol-backed currency!!!!!!!!!!!!!!), and given he's made a documentary based on the history of petrol, he should know better than to back a dubious cryptocurrency based on oil. Period.
https://www.reddit.com/conspiracy/comments/4x5tsk/corbettreport_video_on_shilling_out_of_control/
Trust but verify
I'm ok with something new. In fact I tried Steemit and I like it. However, very few saw my post, nor will many. Because it was tagged conspiracy as primary, and conspiracy will not show up in lists. You have to get to conspiracy by gaming the url manually. That's lame.
No Response from Support I've told steemit about this, but I've not even gotten an email response to say, we'll respond when we can. It's literally gone into a black hole. Steemit also did not respond to another unrelated support question I sent days before the 'glitch' support email.
Fragmentation
If you think I'm 'throwing shade' on steemit, I'm not. I'm asking valid questions and pointing out things you might have missed. Shill away if you must, but I'm pretty much convinced that Steemit is just control grid, designed to fragment the /conspiracy and other communities on reddit primarily (since it's an alternative to reddit). They tried this with voat and they are trying again by monetizing it. You see that's the killer app. Trying to tempt you with money. Only problem is, it's based on bitcoin and it pays out ... what if bitcoin falls apart...as it was designed to do....all along.
submitted by 911bodysnatchers322 to conspiracy [link] [comments]

Cointelpro and Cointelegraph

I had never seen this website coin telegraph before tonight, when I read the following article in my newsreader:
The first thing I noticed was that in my mind I read it as Cointel-egraph (as in COINTELPRO, as in 'covert Government operation') not 'coin telegraph', which I think it's intention. If I've learned anything it's that spy signalling is not that creative. They like to replay their winks in different ways. They are completely obvious to me now. I'm saying I believe this website is very likely run by the deepstate. Not just from this wordplay but I'll explain further below.
And I don't know how 'critical' this shower thought is, but some of you may recall me warning about bitcoin. I am still butthurt from having mined before and getting screwed because of my internet connection and constant ddos attacks on my miner. Which I have assessed as having been from the government itself, on behalf of central bankers.
Anyway, thinking about it some, maybe they did me a favor. After all crypto is backed by nothing but people's willingness to pay for it--same as all fiat. Actually scratch that. It's backed on energy times time: watt-hours or more commonly "power", as a sunken cost.
But all of that is irrelevant because of several things
  1. ) Sun has infinite power and the universe has infinite time (don't ask me how I know the second part, that's another shower thought)
  2. ) The NSA has PRISM (and beyond), which is a giant bitcoin miner. Think about it. No really think about it some. Also there's the texas cryptological center no one talks about but when you look at the public cam map it has hundreds of cams around it which means it's a GD bitcoin miner, erm I mean cracking super secret russian communications. Lol (it's a bitcoin miner)
  3. ) DARPA is heavily invested and investing in quantum computers which will eventually unzip the blockchain like a cheap dress. Then everyone using it is ready to be f*cked but not in a good way
  4. ) If people can manipulate bitcoin like the article above, then it's a bubble waiting to pop
  5. ) If and when the internet or the electric grid is attacked, no more bitcoin, sorry
  6. ) The fact that its rising above the price of gold means it's a bubble, sorry
  7. ) It's a ponzi scheme too because no one can mine it anymore because it's more expensive than the nominal cost per kwh to mine it (too cost expensive unless you got in early and have your own datacenter run on solar), so you have to buy it. Which means that...
  8. ) Hidden interests are selling the bitcoin, setting exchange rates and taking fees and such
  9. ) Who had 50% of the market in bitcoin from asset forfeitures after mt. gox hack an the shutdown of silk road and silk road 2? That's right, the USMS which means essentially the NSA now has it. Which means that the gov has controlling interest in bitcoin as a 'stock'
  10. ) If you think a non quantum safe algo backed virtual coin currency is a good idea, GO FOR IT but when you have people like John McAffee; or David Seaman backing it....beware. David Seaman, who has been recently backbiting on George Webb, calling him a nutty youtuber; alternately whining constantly calling Podesta a pedo based on really no evidence, while smugly having schadenfreude with his 'close knit buddies he smokes up with on livestreams'--whom he's made tons of money on by giving them cryptocoin advice--makes me personally suspect more gaslighting from Cass Sunstain's playbook
Sorry that was kind of a lot to derive from simple wordplay, I go get that. But it gave me an excuse to continue to warn you guys about cryptocoin
I mean it's a decent idea and all, but it has shady as F origins, and even shadier as F backers and lots of really unanswered questions--I don't like that. Been burned many times in the past
Crypto backed by something real--now that is good. Namecoin is good. Gold-backed crypto--if you trust the company--is good. A precious minerals index backed crypto would be better.
But why
Again, control.
No: why would they build up all this equipment, mine this coin and then unzip it effectively destroying all currency that people have traded all their dollars and gold (covertly to the government who again run the exchanges) for....
...ohhhh
Yeah.
"Trust your government, kids! I mean what else can you do?"
submitted by 911bodysnatchers322 to C_S_T [link] [comments]

A modest proposal (radical pruning for long-term scaling)

I hesitate to post stuff like this, because I'm really not close enough to the project, may not know about past discussions of the same idea, and am not volunteering to do the significant work involved. But still, maybe the suggestion, or the reinforcement of the ideas, is valuable...

Summary

I think the unlimited growth of "permanent" data gets too little attention in blockchain currencies, including Monero.
People obviously do pay attention to scaling. In the case of Monero, the roadmap talks about using sidechains to take stuff off of the main chain. In the end, though, the main chain grows without bound. If Monero really succeeds, that chain could in fact get very, very big, regardless of optimization. Wikipedia says there are 7.4 billion people on this planet. What if each of them makes one transaction a week? One a day?
The problem seems worse for Monero than for, say, Bitcoin, because Monero can't even identify (and therefore merge or selectively prune) spent outputs.
You could, however, bound the chain size by simply throwing away everything older than some particular age; not partial pruning, but complete elimination of the blocks. Obviously you could still end up with a huge chain, but there'd be a finite limit on its size. The biggest cost would that outputs ended up with an expiration date.
If Monero is lucky, something like that may eventually be a technical necessity. For political and governance reasons, if there's any real chance it will ever have to be done, I think it should be done soon. It may not be possible to do it later.

Permanence considered harmful

The phrase "without bound" is intrinsically scary, but permanent retention has other bad effects.
  1. Raw cost and node incentives: Cryptocurrencies generally compensate miners, but not nodes. Once something is on the chain, the network has to store it for free.
    In the limit, permanent storage (and bandwidth for starting up new nodes) will always become the biggest actual cost, exceeding mining or anything else. Even if "the limit" is never reached, it's still a big cost.
    It's hard to imagine many people carrying that cost out of love, so you could get weird disruptions caused by the node operators using ad-hoc tactics to get some kind of compensation. Those could be economic disruptors or they could be privacy disruptors. On the other hand, if the network finds a way to build in node incentives, high storage costs may simply mean those incentives have to be more than anybody actually wants to pay.
  2. Centralization: The bigger the chain, the more centralization you have, and the fewer nodes you have. You may be able spread out the storage, but in the end there are only going to be N replicas of any given part of the chain.
  3. Freeloading: The only critical reason to keep old blocks forever seems to be to guarantee that an output you got however long ago will be spendable forever, without you doing anything to maintain it. But that's not necessarily a good thing.
    Blockchain permanence encourages "store of value freeloading". People who just want to hold the currency pay no fees (and generate no cover traffic), even though they create a real cost to the network at large. Holders are subsidized by the people who actually do transactions. So are people who just want to use the chain as a notary for non-currency purposes, although I don't know if that can happen in Monero the way it can in Bitcoin.
  4. Lost-money waste: If some outside event prevents money from ever being spendable, the blockchain still has to track that money. If somebody totally loses all her private keys, the chain still holds onto her outputs forever, even though they'll never be spendable. If a multisig escrow runs into an unresolvable dispute, the chain is left holding the bag.
  5. Unreliability: Something could unavoidably invalidate old data (Hello, quantum...). At that point permanence has no value, and anything that requires permanence breaks.
  6. Complexity: If you have to split or spread a large data set, you're going to have to do something relatively complicated. Even tiered storage is complicated compared to non-tiered storage. Distributed storage is worse. Spreading things out looks especially tricky for a currency where any given transaction may mix in any given set of outputs. Complexity is bad for reliability, bad for security, and bad for being able to understand your privacy guarantees.
  7. Performance: Bigger data sets are just slower; there's a cost to getting data from the next tier or from another shard or whatever. That's especially true if the data set may not have very good locality properties... and large anonymity sets don't usually like locality.
  8. Privacy: I suspect, but have no actual knowledge, that it's harder to pick a plausible set of mixins if the chain has a huge range of transaction ages.

Why do it now?

Unless the expectation of permanence is quashed early, I'm afraid various factors will lock it in. And the best way to quash that expectation is to decide early, then actually remove permanence ASAP.
Obviously there's no certainty that permanence will ever have to be removed, or that conditions will change to make that difficult. But that's the safe way to bet. Removing permanence now is relatively inexpensive.

Politics

Remember how Bitcoin sudden couldn't agree on even slightly contentious changes?
In a few years, I think changing permanence will be very hard politically. I'd expect it to be about as hard as changing the proof of work, and almost as hard as changing the emission curve. And those will be very hard changes to make if adoption keeps growing.

Don't touch my money!

Cryptocurrency seems to attract people who want money that can never go away. Many want it to be as durable as gold, and think of it mainly as an untouchable "nest egg". If you suddenly tell them it can evaporate unless they do some new thing like renewing outputs, then surely many of them will see that as a takeaway and a betrayal. They'll have that reflex even if the reasons are obvious and the actual cost and effort are tiny.
You might say that'd be silly, and I'd agree with you... but I think it'll happen nonetheless. I think it may happen even if permanence goes away now, and I'm sure it'll happen if permanence goes away later.
Wouldn't it be better to try to keep such expectations from building up? What happens to the currency if people go around claiming it's a ripoff?

Fear for the uninvolved

Perhaps a more justifiable concern: suppose somebody buys Monero next year. They assume it's permanent because nobody told them otherwise and that's how blockchains work today. They pay no attention for 10 years, and then discover their money's gone away.
Sure, that person should have paid more attention, but that doesn't mean anybody should want them to get screwed. Changing now minimizes the number of people who might be in that postion later.
And even if you, the reader, don't care about oblivious people, others will. There will be those who really want to protect them, and some of those protectors will have influence. They won't necessarily all be in the community, either; what happens if regulators tell major exchanges that they are on the hook if any unprepared person loses money because of this "unannounced change"?
Imagine the outcry if a government decided to expire cash in circulation. Actually, you don't have to imagine it; it happens from time to time. Look how much work those governments put into warning everybody, and how much heat they get if they don't. The Monero community can't warn people that way. So it pays to avoid it being a big issue.

Conspiracy theories

"Monero's been infiltrated! They want you to renew your money so the NSA can trace the transactions! Wake up, sheeple! (obXKCD)". The more relatively casual users Monero accumulates, the worse this will get. And mass adoption is all about the casual users.

Not invented here

Don't forget the political and technical issues you get with trying to do a protocol change once there are a lot of implementations. Today, Monero has one node implementation and a handful of wallets. In the future, a lot more people will have to coordinate on any change. I really like Monero's periodic hardfork system, but it doesn't solve everything.

Technical lock-in

On the technical project management side, there's also the risk of "technical debt" making it really hard to actually remove permanence. Permanence assumptions could get baked into Monero itself, or into critically important related technology. They might not even always be obvious assumptions. Undoing that could be hard.

Get ready now

There's a chance that non-permanence could be forced on the community, if not by sheer chain size, then by something like quantum computing making old signatures fundamentally meaningless. It should be fairly easy to move new transactions to a new signature scheme, but you would still lose the old ones. It would be good to be prepared in advance if that happened, and the best way to prepare for something is to make it the normal and expected thing.

Straw man

Here's a crude outline.
I'd suggest announcing something like this as The Plan immediately, and building it into the software as soon as reasonably possible.
I've written it to talk about times in years, because real time is easier for users to deal with than block counts. If the time accounting has to be done in blocks instead, that's not the end of the world.

Immediately fix wallets

Starting as soon as possible, wallets prepare for impermanence:
  1. Wallets automatically renew old outputs by sweeping those outputs back to themselves.
    By default, each output is renewed when it's about a year old. The exact timing is randomized, mostly to improve renewals' value as cover traffic. An output is eligible to be put in a renewal transaction when it reaches an age drawn from a uniform distribution between 9 and 15 months. Such renewals are batched up in some sane way. Anything older than 15 months is always renewed immediately.
    Users can change those parameters, and can manually renew their balances if they know they'll be offline for a while.
  2. A wallet will warn you if you try to make the renewal time more than about 2 years
  3. It will also warn you if you seem to be using it very infrequently.

2020 hard fork

As of about the beginning of 2020, outputs more than three years old cannot be spent, full stop. After that same time, nothing is expected to keep any chain data more than three years old.
If you haven't run your wallet for very long time, it may not have been able to renew older outputs, and may show a lower balance when you do run it. If you haven't run your wallet for three years, your balance will be zero.

"Concept" changes

There's no traceability to the genesis block. The main evidence that any given three-year collection of blocks is "the" chain is the hashpower that's gone into creating that collection, although you could of course "pin" some old blocks in the software itself.
I think this implies that there can never be proof of stake mining, but I could be wrong.
Money is conceptually only traceable to the oldest retained block, not necessarily to the one where it was mined.

Miscellaneous

Sidechains and whatnot, when implemented, are expected to "check in" and confirm their relationships with the main chain at least annually (I assume they would anyway, but this would be a hard requirement).
submitted by Hizonner to Monero [link] [comments]

Why Dash is better

Dash has some very cool things going for it:
submitted by JuicyGrabs to dashpay [link] [comments]

This morning I sent an email to a friend "Is bitcoin paying for N. Korea's rocketry program?" then a few hours later, True Pundit released an article, "North Korea is hacking bitcoin exchanges as currency value soars, expert says" -- WTF is going on?

1055am EST
North Korea is hacking bitcoin exchanges as currency value soars, expert says
Here's my email. It's pretty unpolished. It was a shower thought
908am EST
I guess it goes to what you consider consumer confidence to be
It's possible that the market cap on BTC is expanding rapidly with adoption, that is NOT what causes the value of BTC to increase, quite the opposite in terms of supply and demand
so what makes BTC's value go up?
constant trading
now if you have AI bots behind the exchanges (running the exchanges) and those ai bots are darpa projects, then you have bascailly have the military 'coaxing people through gaslighting' into adopting, by using their vanity and avarice and urgent fear of missing out against them.
By jumping in early they get to say, 'haha you missed the boat and I made out big: suckers!'
and they get digital dollars from nowhere, kind of like infinite-QE of goldman sachs, only they are using incremental injections of QE from goldman sachs to finance the uptick on BTC's price...it's essentially a QE laundering scheme that's powered by fee-less (VIP) high speed electronic trading by AI bots, with possible inputs from DWAVE quantum computers and PRISM / Cryptologic supercompters of the nsa...after all it seems much more profitable
But why?
N Korea
As Byegone pointed out, very smartly I might add, DPRK's rocketry program advanced 40 years in 6-7 months time or so. Impossible. Impossible without outside help.
China.
CIA.
Could be both.
But they'd have to pay for 40 yrs of advancement and I can assure you that the CIAs vassal state of DPRK--that just inaugurated their first vaseline plant 3 yrs ago, and has a turnip shortage and people starving on the street (deplorables) does not have money to continually and inexplicably blast PNE's under mountains for reasons unknown (probably doing state infrastructure work TBH...freeing up minerals or blast-mining)
Well if you had to finance 40 yrs of advancement, how would you do it? You'd agree to the terms of the CIA to do everything they say for the next several decades. You will be a limited hangout. You will wage a fake war with us. You will take our computers and our hackers. you will run terror false flags and become a terror outsource company for us for the next couple of decades. You won't have to pay but you will have to do as we say or we'll take it all away. Ok, DPRK? Ok, they say
And then Bitcoin becomes a way for people to inject their dollars into a black hole that effectively gets funnelled to China, in order for china to build their rocketry program
Why do I think China? Look at the base of the rockets of the pictures they released. Same design> CHINAS DESIGN. Those are chinese rockets.
Front Running on Email
I can't help but think that someone passed on this idea, or that an unknown 3rd party is front running by reading emails and maybe mine flagged something somewhere due to the proximal keywords. They read it and were like, 'huh, we've got to manage this shit harder, the plebs are finding out'
Or this is just a huge coincidence
But name another news story that links bitcoin to DPRK in the recent past. Can't do it can you? You'd have to go quite a long ways. I know this is a temporal bias but still, it seems significant.
submitted by 911bodysnatchers322 to TruthLeaks [link] [comments]

The Forthcoming Crypto Trapdoor

TLDR: CIA wants you to use bitcoin, but CIA is bad and they are up to something. When you've traded your last dollars, they'll laugh and pull the plug on bitcoin. Then you will be sad.
Google is developing cryptocoin tools. Ok so the problem with that is manifold
  1. ) We know google is CIA; CIA is very untrustworthy--they've spied on us illegally since 9/11 created a security state junta; they got their start with inqtel a cia company; assange says its cia; everything they do from censoring technopopulists to promoting a fugitive from the law hillary clinton (by our FBI's own admission in congress!) over a lawfully elected president, while undermining the same....all suggest Google is still CIA.
  2. ) CIA was effectively a merger of former US intelligence and expropriated Nazi intelligence and researchers (Operation Paperclip), guided by a Nazi sympathizer whose post-WW2 work was serving as a lawyer and strategist to assist Nazi officers escape punishment and hide their wealth through various financial proxies (Allen Dulles). This is our true history. Dulles also was fired by JFK and then was charged with producing the Warren Report about JFK's assassination. MKULTRA is where we drugraped teens to blackmail politicians (brownstone ops), drugraped prostitutes and soldiers (edgewood), and performed unethical human experimentation that continues to this day. That was CIA, Navy, Darpa
  3. ) I'll say it again, a Nazi sympathizer who hid nazi gold in switzerland and ran ratlines to argentina for nazi officers, who wanted to use a false flag operation to destroy Cuba but was denied, was in charge of JFK's investigation. Kind of like having a Deepstate operative like Robert Mueller type in charge of the official 9/11 report isn't it?
  4. ) CIA is Wall Street's private army.
  5. ) NSA scans your emails, your text messages, all your information---"capture it all". They have been caught several times front-running on your private data. Any screenplay you wrote, any invention you put in a file on the google drive, and investments you're planning, any business projects you're in----they have already read and are already using in an anti-competitive way, front running on your good ideas.
  6. ) Through asset forfeitures, the US Government has a majority of Bitcoin; this is from mt gox hack recovery, silk road, silk road 2, alphabay and other darknet seizures abroad of bitcoin
  7. ) The US Government has spent 6 months colluding with the media to undermine Trump with a fake story that everyone now knows is fake (except a vanishingly few marginal, sophomoric violents, antifa types in california).
  8. ) The FBI has spent now over a year maintaining a falsified document leveraged to create a disinfo to create a psychological war against US citizens, in lieu of doing their ACTUAL job of busting a now-widely known SPY RING IN CONGRESS
  9. ) The US Government (Permanent State) has been bitching, moaning, whining about every little thing Trump has done; failing to recognize his accomplishments which are objectively pro-citizen; while letting very high level criminal avoid punishment---creating a dual justice system
  10. ) Cryptocoin has skyrocketted based well beyond confidence if you look historically at DOW industrial trends...this is a bubble, an obvious bubble. Who is blowing this bubble? Well look who has the majority share
  11. ) You don't know who runs the exchanges, but the modus operandi of those who run the exchanges are that of both criminals and intelligence agencies. I suggest it's both of them working together to run the exchanges
  12. ) After all, you can't mine bitcoin now, if you do you'll lose money because electricity to mine costs more than what you'll get from mining unless you already own vast mining infrastructure--this is the marginal cost of mining. The marginal cost of mining far exceeds purchase price of bitcoin so you might as well buy it
  13. ) Who has spare bitcoin to sell, if mining is so unprofitable AND bitcoin keeps going up? Who would sell bitcoin if it's that compelling? LOL THINK! G D it. THINK!!!! Use your brain. Someone is dumping bitcoin on you, and you're eating it up, thinking you're a genius for investing in it so early.... it's a trap...it's a honeypot. Owning a bitcoin is not a illuminati scout member badge into an exclusive club you dolts
Given that the US Security-Industrial complex, the 17 agencies, primarily CIA, NSA, FBI, NGA, DoD have been using that unaccounted-for 20T dollars now to spy on--not only us, the lumpen citizens of US, but also our Congress members--through the Pakistani liaison loophole of the Awan Brothers, it's very clear that they have NOT honored the underlying principles and values of our constitution and our culture generally. They are concerned with making money by any and all possible means---even through absolute evil--and they are concerned with controlling society very rigidly through technology, psychology, exploitation of human fears, wants and aspirations.
One way to control people is through money. When society gets out of control, especially when they start to doubt, or to hate, the control imposed upon them, the government goes absolutely insane
Because we've already proven in an earlier post that the US Government is the batshit paranoid conspiracy theorist that has ever existed, and it uses any and all desperate measures to control people's minds. That is it's true purpose and operating principle above all else. Money is just a means to that end. The mental health industry is a means to that end. The music and film industries are a means to that end. Academia is a means to that end. Modern art is a means to that end. I could go on and on how the CIA has inserted itself into all aspects of culture to create an enormous establishmentarian cult, but that's not the point of this post--though mentioning this is germane to this post to the extent that it's necessary to understand in the context of the CRYPTOCOIN TRAPDOOR>>>
So what is this cryptocoin trapdoor?
Hmm. Let me try to explain this in terms of a ruse that happened to me last year. I was invited to join a sub /sphinxclub which was ostensibly an 'antimason' sub. I had been down on freemasons / jesuits (still am) at least high level ones. I see them as the common denominator in many of these strategies-of-tension around the world, and the evidence for that is overwhelming. So I joined sphinxclub and after little activity we asked the sub's creator "so what is this sub about, what are we doing here, who wants to start the dialogue". The answer was something like "we're waiting for 20 mods to be invited so we can open the trapdoor and send everyone into hell". I thought it was a joke, and then there was an 'assignment' which I believed (in my opinion) was asking people to commit an act of left-wing terrorism against a defense contractor in florida who was believed to be using electromagnetic waves as harassment and mind control to create 'mass murder shooters' like the Navy Yard shooting. Of course I'm interested in figuring out if there's truth to this, but the means was illegal, so I left.
This strategy is both a honeypot and a trapdoor. Honeypot to bring you in and waste your time (timeloop you, waste your effort otherwise spent on writing subversive essays that undermine the establihment). Trapdoor to get you put in jail.
I believe crypto is the same type of honeypot-trapdoor
Honeypot because
  1. ) Honeypot because it's going up very quickly and now bitcoin is worth more than gold
  2. ) John McAffee a renowned technologist and drug-addled madman with spooky origins says he'll eat his penis if bitcoin isn't worth more than what a million by 2020? Something like that. He allegedly has his own mining facility in latin america, iirc.
  3. ) Honeypot because Google is now going to support it
  4. ) Honeypot because US Gov is looking the other way and China supported it
Tradoor because
  1. ) China banning it
  2. ) Finanical experts warning it's a fraud
  3. ) Me warning it's a fraud because the NSA has over 2000 Qbit quantum computers now and likely runs the exchanges
  4. ) Ebay is using it -- George Webb's research tied Omidyar directly to Deepstate
  5. ) CIA is Wall Street's private army and cannot have a situation they dont' control.
  6. ) Max Keiser and Stacey Hubert have said, numerous times, with many financial guests that NSA/CIA are manipulating markets while using the media to have you believe it's anarchic...it's an illusion
  7. ) JP Morgan is trying to manipulate crypto in europe now
  8. ) If you exchange your dollars for bitcoin, and then bitcoin plummets, then the elite have just taken your last bit of wealth away
  9. ) At this point the only people who can make money off bitcoin ARE the elite, so buying crypto is a cannabalization of dollar-owners by the political elite on the industrial/retail elite -- intelligence-aligned (dynastic) rich are eating the nouveau rich; and they are eating left-coast crypto liberals also
  10. ) EDIT: Oops forgot about civil asset forfeiture of unpaid capital gains taxes on crypto being like a stock
What is your agenda with this anti-bitcoin stuff?
I have none. These are just my thoughts I'm sharing with you and why I no longer support bitcoin until such time there are laws that guarantee that these things I worry about are inhibited. In other words, we need a non-corrupt intelligence community and guarantee they aren't manipulating it before I can trust using any kind of crypto currency. I'm telling you because I want you to make sound choices with your money and be happy and have a good safe life.
The best thing you can do right now is watch this video
What can you do?
Buy gold, silver, platinum. Or a tractor. Or bullet making equipment. Because guns are worthless without bullets.
Sources
submitted by 911bodysnatchers322 to TruthLeaks [link] [comments]

One World Currency (Dollar + Bitcoin + GLID)

Many people are saying that Bitcoin will eventually dethrone the USD as the world "reserve" currency others are believe that Bitcoin is a ponzi scheme or that it was created / invented by the NSA. Most talk without really understanding Bitcoin and especially the revolution that the distributed ledger Blockchain represents. At the very least it is the most disruptive invention since the internet and it may have common origins.
Some may know that the internet genesis happened in 1962 as the "Galactic Network" concept as described in memos written by J.C.R. Licklider of MIT who incidentally or not was head of the computer research program at DARPA. The internet created the biggest giant surveillance grid for the NSA to spy on the world as the recent Snowden revelation outline. It is evident that apart from holding onto ICANN the USA controls the internet backbone which gives them strategic and economic advantage.
It widely believed that Dorian Satoshi Nakamoto is the inventor of Bitcoin and it's underlying technology but most miss the real question "Cui Bono" who profits from the existence of Bitcoin ? I would say the USA because it's the only entity with the power to take over Bitcoin with its Quantum supercomputers giving them a monopoly on bitcoin mining and because the USD is untouchable and will risk nothing from Bitcoin.
So if it is a DARPA project what is its use ? the answer is: to weaken all other world currencies so that in the end we will have Bitcoin because of it's superior qualities as a currency and the USD backed by the most powerful world army and by far the (https://en.wikipedia.org/wiki/List_of_countries_by_oil_consumption) main unit of purchase of petrol the dominant energy source.
It is interesting to note that gold has been substituted for military power to back the USD and that Russia instead of backing Bitcoin has made it illegal as a means of exchange in it's territory another indication that Bitcoin is a tool of the US government.
The next move will be to effectively merge Bitcoin and the US dollar into the One World Currency attach it one world biometric identity the precursor being the GLID (Greenlist ID).
One more step towards One World Government.
submitted by micheldegeofroy to Bitcoin [link] [comments]

Michael Mainelli Explains Smart Ledgers A Beginner’s Guide To Quantum Computing NSA FOIA Reveals SR/WL Comms, ND Fire Started By Computer Glitch??? Quantum Computers Explained – Limits of Human Technology An NSA Quantum-Resistant Cryptocurrency, and Pomp Doesn’t Own BTC???

“It is certain that the NSA has already built quantum computers because Google has one at their data center, and if they have one, the NSA has one that’s ten times better, that costs as much as a moon mission, and can break encryption systems at a much better rate and with much more efficiency,” he said.. Will The NSA Attack Bitcoin? The interesting question is: will they use it to break Google created a sensation when they claimed Quantum Computing supremacy. However, there are more power computers in existence today that are more powerful than Google’s quantum computer, Bergahorn Model. For instance, IBM announced a 32 qubit quantum computer called Raleigh. This raised concerns in the crypto community as Quantum Computing has been long touted as […] As long as multiple users have access to a quantum computer, no single quantum computer will gain dominance over Bitcoin mining. Alternative proof-of-work mining schemes can also prevent quantum dominance, and some studies have found that ASIC devices, which are already faster than normal computers, can reduce the quantum advantage over mining. On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Some computer scientists say quantum computers are moving closer to reality and will cripple bitcoin’s encryption systems and doom bitcoin. Governments are investing aggressively in quantum computers, which are ultra powerful. Quantum computers, first theorized by physicist Richard Feynman in 1982, have promised a new era of computing.

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Michael Mainelli Explains Smart Ledgers

James Raymond: Instagram: @Hacker_james2 Telegram: @Hacker_james +1 (484) 259 7789 💰 💰 *2020-07-14* *Bitcoin Payout right from Hacker James.* https://m.btc.c... A peek at the early days of the Quantum AI Lab: a partnership between NASA, Google, USRA, and a 512-qubit D-Wave Two quantum computer. Learn more at http://g... An NSA Quantum-Resistant Cryptocurrency, and Pomp Doesn’t Own BTC??? ... Practical Quantum Computing - MIT AI Conference 2019 - Duration: ... 100 Trillion Dollar Bitcoin Catalyst - Duration: 21:35. Michael is the Executive Chairman of the London-based consultancy and think-tank Z/Yen Group, which has done research for the Cardano Foundation, Bloomberg, The London Stock Exchange and Barclays ... Do you wonder how the activities of GCHQ and the NSA affect you? Why spies have been monitoring Facebook, Gmail and Skype? And even if are being watched online, how does that affect what we do online?

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