Weaponized Money: Thoughts On The Creation And Control Of Bitcoin

THELOGICALINDIAN - Some tinfoil hat cabal theorists accept government devised and congenital bitcoin as weaponized money to bind the bodies They anticipate Big Brother fabricated the technology to subjugate anybody and that politicians are somehow benefiting from the technology In an odd aberration of argumentation these bodies accept bitcoin represents a statesponsored apparatus for control

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Bitcoin Was Built by Crypto-Anarchists

Government did not actualize bitcoin as weaponized money. The adverse is true. Crypto-anarchists complete bitcoin to undermine and destabilize governments. The exact architect of bitcoin is unknown. The individual’s pseudonym is Satoshi Nakamoto but it could additionally be a accumulation of people. No one knows.

However, we are carefully acquainted with the bodies who fleshed out the aboriginal adapt for bitcoin. Cypherpunks like David Chaum, Timothy May, Eric Hughes, and Whitfield Diffie are amenable for declaring the eyes for crypto. None of these bodies cared for governments. They were mainly anarchists who capital to use agitator tech to advocate freedom, privacy, and anonymity.

In A Cypherpunk’s Manifesto, accounting in 1993, Eric Hughes said, “We the Cypherpunks are committed to architecture bearding systems. We are arresting our aloofness with cryptography, with bearding mail forwarding systems, with agenda signatures, and with cyberbanking money.”

Hughes continued: “Cypherpunks address code. We apperceive that addition has to address software to avert privacy, and back we can’t get aloofness unless we all do, we’re activity to address it. We broadcast our cipher so that our adolescent Cypherpunks may convenance and comedy with it. Our cipher is chargeless for all to use, worldwide. We don’t abundant affliction if you don’t accept of the software we write. We apperceive that software can’t be destroyed and that a broadly broadcast arrangement can’t be shut down.”