Why Bitcoin is not dead?

[jcismylord]

Recently I've been reading about the Intel Management Engine hardware chip, which is built-in into every computer or laptop since 2008.

It is a spyware chip, a backdoor. It is a 486-derivative processor, which runs secretive UNIX-based OS. That chip is hooked-up in parallel with the main processor, it runs in security zone 0 and it has access to everything - to the RAM, the HD, the keyboard, the mouse, to the every device and it has its own channel to the internet.

It allows bypassing any encryption, it can log keystrokes, passwords, it can read the screen, it can turn the computer remotely and it can provide remote access.

This thing is the hardware backdoor that bypasses all encryption and there is nothing that could be done - there is no way to disable it.

So, with all that - what I don't understand is how is that chip does not spell the end of the cryptocurrencies?

Opinions?

[Bigjon]

The back door implications were discussed here about 2 to 3 years ago.
There was info on modifying the motherboard by cutting traces and soldering in wires, to defeat the maintenance processor.

http://gold-silver.us/forum/showthread.php?97925-ALL-Intel-processors-since-Centrino-have-had-their-development-managed-from-Israel&p=921736&viewfull=1#post921736

[woodman]

The back door implications were discussed here about 2 to 3 years ago.
There was info on modifying the motherboard by cutting traces and soldering in wires, to defeat the maintenance processor.

http://gold-silver.us/forum/showthread.php?97925-ALL-Intel-processors-since-Centrino-have-had-their-development-managed-from-Israel&p=921736&viewfull=1#post921736
So what choices do we have? Is Apple any better?

[ziero0]

So what choices do we have? Is Apple any better?
I never had virus concerns with my Pickett slide rule.

[monty]

So what choices do we have? Is Apple any better?


Apple uses (((Intel))) processors.

[EE_]

So, with all that - what I don't understand is how is that chip does not spell the end of the cryptocurrencies?

Opinions?

The cryptocurrency was developed by the government to introduce the concept to the population and to be the forerunner for the soon to be digital crypto dollar. The flu hoax is now being used to speed the transition by vilifying paper currency. Many businesses have stopped accepting currency.

In due time the government will call in all currency to be exchanged for digital dollars and declare a date where currency will no longer is legal.
Imagine the ramifications of forcing all the currency hidden away in society to be turned in. Imagine the power they will have over you and I.

To anyone that believes a guy named satoshi nakamoto started bitcoin, I've got a flu pandemic to sell you.

[ziero0]

Imagine the ramifications of forcing all the currency hidden away in society to be turned in.

I heard about this. It happened in 1933. But to be brutally honest giving up property interest in slaves was designed along the same lines.

They will find a line in the sand when they come for my John Deere.

[EE_]

U.S. Moves Closer To Digital Dollar
Tatiana Koffman

On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency - the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade.

The idea of a dollar-backed digital currency gained mainstream media attention last year during the Libra congress hearings, where Facebook introduced a new type of digital unit backed by a basket of currencies and commodities.

Although David Marcus insisted that Libra users will not have to put their trust in Facebook and that Libra was a decentralized currency, regulators weren’t buying it and expressed concern over the long-term threat to the traditional financial system. On July 9, 2019, regulators requested a moratorium on the project.

In December, Libra released a new roadmap, proposing several digital-fiat currencies deriving their values from the USD, British Pound, Swiss Franc and others, thus creating an efficiency layer on top of the current financial system. Users would be able to access these digital currencies through a wallet installed on their phone, and potentially through WhatsApp chat and Facebook Messenger.

Distribution issues of the $1200 COVID stimulus checks, created new momentum for the digital dollar (and a more efficient financial distribution machine). It is no secret that many are still waiting for their stimulus checks, while $1.4 billion in stimulus was sent to dead people.

Most recently, Congresswomen Rashida Tlaib (D-Mich.) and Pramila Jayapal (D-Wash.) introduced a new stimulus proposal of $2,000 per month to residents through the Automatic BOOST to Communities Act (ABC Act). Under the ABC Act, Congress would authorize the Federal Reserve to create “FedAccounts,” or “Digital Dollar Account Wallets,” which would allow U.S. residents and business to access financial services through an app on their phone.

Building on this momentum, the Senate Banking Committee continued the discussion of the digital dollar yesterday.

Some highlights from the hearing include:

Senator Tom Cotton (R-Ark.) stated, “The U.S. needs a digital dollar...The U.S. dollar has to keep earning that place in the global payments system. It has to be better than bitcoin … it has to be better than a digital yuan.”

Chairman Mike Crapo (R-Idaho) expressed concerns of regulator oversight for stable-coins.

Charles Cascarilla of Paxos testified advocating for stable-coins, stating that they address the “antiquated plumbing” of our financial system as well as financial inclusion. “Blockchain based stable-coins allow everyone access”.

Nakita Cuttino, visiting assistant professor of law at Duke University, discussed the friction in the current payday cycle and the rising demand for costly advanced-payment apps which could be resolved with digital currencies. “In the absence of public policy addressing open access payments and real-time payments, low-income and moderate-income Americans will continue to have limited resources needed, whether by traditional fringe services like payday loans or some novel fringe service.”

Former CFTC Chairman Chris Giancarlo and head of the Digital Dollar Project, emphasized the “social and national” benefits such as increased speed, lower costs and issues of financial inclusion. “Darwin said the most adaptable survive. And I think that is true when we transition to a new architecture. To adapt to it, will help bring benefits to the society at large.”

It is unclear how soon the digital dollar will come into existence, although increasing competition from China may be the push U.S. regulators needed.

https://www.forbes.com/sites/tatianakoffman/2020/07/01/senate-moves-closer-to-digital-dollar/#386df3672797

[C.Martel]

Bitcoin was started by the cia, read the clues here

https://www.ccn.com/4-reasons-to-believe-the-deep-state-or-the-nsa-created-bitcoin/

Gold was the threat of the federal reserve because they are anti-dollars, as gold goes up, federal reserve dollar goes down. So the cia and nsa developed bitcoin to be the new anti-dollar (https://www.thecoinrepublic.com/2020/08/13/will-bitcoin-replace-gold-as-the-reserve-currency/). The fact that this is approved by banksters to be traded on the big exchange boards (ie: Wall Street) is enough evidence they want bitcoin to do well. And the fact they don't crash it to zero (https://www.forbes.com/sites/cbovaird/2019/03/22/95-of-reported-bitcoin-trading-volume-is-fake-says-bitwise/) with manipulation like they do crashing the price of silver, in very telling. Their goal is to shake as many bitcoins out of the hands of libertarians with fears of government banning bitcoin. That was the 2014-2016 range of news of fears over bitcoin. The "government" is gonna ban gold before bitcoin.

Bitcoins are the new dollar replacement, if the dollar ever collapses during a pro-bitcoin leader term.

The cia/nsa want their new dollar as high as possible, because they were the original investors. Meaning at a certain point Washington's share of bitcoin is greater than the total debt of the US. That is how rich the cia is going to get to do black ops and coups and everything else the cia does. And if the dollar does not collapse even better.

Cryptos in general are used to prop up the price of bitcoin, new cryptos are used to support the price of bitcoin in a ponzi scheme support. This was reported in a crypto article.

Etherum is the gold and silver to the dollar of bitcoin. Etherum is hated by the nsa for added security and privacy, much like gold and silver. If you hold bitcoin, this is no better than holding dollars. Same corrupt few that started the federal reserve started bitcoin. And like the cia works to expand the judeo-american empire, they work to expand the bitcoin and dollar empire.

CNBC has one of the peacock feathers as the symbol of bitcoin. If this were some libertarian anti-jew pro-freedom decentralized currency then the usual suspects would be anti-bitcoin, even more than gold.

Also there are centralized handlers of bitcoin who remain secret and protect the integrity of bitcoin.

Bitcoin was designed to be a ponzi scheme better than the dollar, which is not to collapse.

[Shami-Amourae]

Boomers Discuss Technology - The Thread

Satoshi is Adam Back. He won't admit to it since they'll put a hit on him if he does.

He's anti-Bankster, and invented Bitcoin to overthrow the Banksters. Please, everyone stop with your retarded Boomer Q-Anon conspiracy theories.

Here have fun:
https://en.wikipedia.org/wiki/Adam_Back
https://twitter.com/adam3us

He admits he's a Cypherpunk (Crypto-Anarchist) in his Twitter bio.

A cypherpunk is any individual advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change. Originally communicating through the Cypherpunks electronic mailing list, informal groups aimed to achieve privacy and security through proactive use of cryptography. Cypherpunks have been engaged in an active movement since the late 1980s.


Crypto-Anarchists + Libertarians are behind Crypto. We are the only ones actually fighting the Bankers/Money Changers since Jesus and Andrew Jackson. Not joining us is siding with the Bankers. Buying Bitcoin is more effective than putting lead in the back of a Bankers head. Without the ability to use their Printing Press these people have NO POWER. That's why Crypto was invented.

BUY BITCOIN
https://cointelegraph.com/news/it-does-nothing-buy-bitcoin-dont-protest-says-max-keiser/amp



https://www.youtube.com/watch?v=kE4eYsUsSCc

[Shami-Amourae]

The cryptocurrency was developed by the government

The government is too retarded to come up with that.
Stop it.

[midnight rambler]

Catherine Austin Fitts: "Crypto-currency is not currency, it's crypto!"


https://www.youtube.com/watch?v=bmKLUJ0_tUM

[C.Martel]

4 Reasons to Believe the Deep State (or the NSA) Created Bitcoin
February 6, 2019 BitcoinTalkRadio 0 Comments
Invest Feed

Story by: Wes Messamore

Who is the creator of Bitcoin? The mysterious Satoshi Nakamoto, who has written the Bitcoin Whitepaper, has never been identified. Since 2009, there have been many theories of whom created Bitcoin. Some even think the NSA created it.
1.) THEY DID CREATE PART OF IT FOR SURE

SHA-256 is the secure hashing algorithm which is an essential part of Bitcoin’s architecture. It is an NSA hash function algorithm first published in 2001.
“HOW BITCOIN PROTOCOL WORKS” – ANDREAS ANTONOPOULOS

This is a really excellent lecture about SHA-256 and how it is used by the Bitcoin protocol, because it’s very technical (instead of using metaphors to describe how Bitcoin works), and someone who isn’t a computer nerd can take most of it in and understand what he’s saying:



SHA-256 is a set of instructions designed and written by the United States National Security Agency (NSA) that tell a computer to follow a series of mathematical steps with any input, in the form of a string of information of any size.

One thing these steps do to an input every time is compress it into an output that is always a 256-bit value called a hash. The other is encrypt it: The mathematical operations in these steps and the values they use as operands cannot be done in reverse to find the input using the hash.

So the hash can be used as a fingerprint for the original data because it is impossible to guess what the output will be for any value before running it through SHA-256––

And the resulting hash appears completely random, but it is the result of a deterministic process that will produce the same hash for the same input every time.

So SHA-256 (secure hashing algorithm 256) is a cryptographic one-way compression function.

If you have the hash you can verify that someone else has the input value by running it through SHA-256 to see if you get the same hash. This specific hashing algorithm is an essential part of how Bitcoin works, as very eloquently explained by Antonopoulos in the lecture above.
2.) SATOSHI NAKAMOTO MEANS “CENTRAL INTELLIGENCE”

Now, this could be a giant coincidence, but it’s unlikely that it is one. What’s indisputable is that whoever created Bitcoin used “Central Intelligence” in Japanese as their moniker.

Of course, that’s not proof it’s the CIA that created Bitcoin.

It could have been the NSA that named Bitcoin’s pseudonymous creator “CIA” in Japanese as a joke or to throw people off the trail.

3.) HOW A CRYPTOCURRENCY BENEFITS THE DEEP STATE:

The Deep State would want cryptocurrency to exist. As Bitcoin’s critics like to say, it’s something perfect for organizations that have clandestine operations (like the CIA is known to have).

It’s a way for the Deep State to have a financial infrastructure outside the watchful gaze and control of institutional finance on Wall Street or any other banks on the planet.

The Deep State would have loved to have cryptocurrency back during the Iran Contra affairwith Oliver North, the Marine Lt. Col who ran a secret operation (maybe for Ronald Reagan himself) to move money from the Middle East to Nicaragua to financially support Contra rebels.

4. DOJ CYBERCRIMES PROSECUTOR EXPLAINS HOW BTC HELPS THE FBI CATCH CRIMINALS

Crypto makes it easier for the Deep State to hide what it’s doing, but it also makes it easier for them to see what criminals are doing.

In this lecture about a cybercrime drama so fantastic it could be a fictional movie plot, a former DOJ cybercrimes prosecutor explains how useful the public record of accounts and transactions on the Bitcoin blockchain is for Deep State police investigating crimes.

The thing about Bitcoin is it’s not private. It’s completely transparent. Every account, and every amount, and every transaction is all available on a giant, public document that is maintained on something like 10,000 different nodes.

On Bitcoin’s blockchain account info doesn’t hide behind a password that only a trusted institutional administrator has–– as with fiat banking. The Deep State, always keen on surveillance, has already made hay of this whether it created crypto or not.

http://www.bitcointalkradio.com/4-reasons-to-believe-the-deep-state-or-the-nsa-created-bitcoin/

[Shami-Amourae]

4 Reasons to Believe the Deep State (or the NSA) Created Bitcoin


Satoshi literally was joking about it today:
https://twitter.com/adam3us/status/1342228461444882432

Read the comments.

[C.Martel]

Shami-Amourae is our resident cia troll. Who admitted to have been the starter of the cia Qanon movement.

[Shami-Amourae]

Shami-Amourae is our resident cia troll. Who admitted to have been the starter of the cia Qanon movement.

Is that you Terry?


https://www.youtube.com/watch?v=AbG6u86t4bA

[C.Martel]

Qanon is controlled opposition. cia is no longer focused on Christian zionists, fooling libertarians and promoting cia bitcoin is their main project.

The purpose of Reagan was to get the Christian conservatives a party to support, to support endless wars for zionazism. To have a reservation for stray and unaligned voters to pick a side between cia Democrats and cia Republicans.

The purpose of trump is to get the libertarian nationalists a party to support, to be the new Republican party for wars for the same zionazis.

Neo-conservatism failed. So the zionists pushed forward trump, being pro-Qanon and pro-zionist, and a fake libertarian

[Shami-Amourae]

I told you I'm anti Q-Anon and that we lost control over the joke. It was meant as a troll for all the Boomers coming on 4Chan when Trump was running/newly elected.
The Deep State hijacked it and turned it into a psy-op.

I'm one of the few here who gives real original information that turns out being correct most of the time. I'm a primary source a lot of the time.

[C.Martel]

gold-silver.us is filled with fed agents, many from GIM1. Which was filled with skyviking, freemasons from Minnesota, etc. gs-us is a containment forum because most know too much about Washington and how it runs.

bitcoin was first promoted on libertarian forums by the cia who invented bitcoin to be the replacement of gold with a cia crypto-currency. It is the reason why the deep state does not delist bitcoin as a threat to banking and the dollar, because it is their own offspring.

I hold the same to be true about Qanon. Started by the deep state. For it is their pet project now, same as bitcoin.

[Shami-Amourae]

gold-silver.us is filled with fed agents, many from GIM1. Which was filled with skyviking, freemasons from Minnesota, etc. gs-us is a containment forum because most know too much about Washington and how it runs.

bitcoin was first promoted on libertarian forums by the cia who invented bitcoin to be the replacement of gold with a cia crypto-currency. It is the reason why the deep state does not delist bitcoin as a threat to banking and the dollar, because it is their own offspring.

I hold the same to be true about Qanon. Started by the deep state. For it is their pet project now, same as bitcoin.

The forum is mostly schizo Boomers actually.

Half the forum thinks the world is flat. The forum owner thinks the Sun revolves around the Earth.

[C.Martel]

Our resident negro, is another fed agent. However, Cebu is not controlled opposition, Cebu is simply here to run psy-ops and gather information. Shami is controlled opposition to get jew haters doing what the cia wants. The cia wants to draw in the negro and jew haters into the Republican fold to hate only jew-approved ethnicities. They want you to forget libertarianism, forget hating niggers and jews. Forget gold and silver. To be Republicans supportive of the "new" deep state that is pro-trump. Which is the same old deep state. Look at what happened to zero-hedge, can't say anything bad against niggers and jews, though you are promoted to hate who the cia hate. One by one, forget gold and liberty. We have trump and bitcoins.

Here is trump on promoting pre-crime "laws" that kidnap anybody anti-Washington:

https://www.youtube.com/watch?v=nDZwzkahh7g

Everything in the media is controlled. And anything that is a threat to the usual suspects - bushes, banksters, etc... gets crashed like gold. Lebanon's economy is in collapse due to the zionist/mossad bombing of their port and trump refusing to allow Lebanon to rebuild with Lebanon supporting jew-haters. The whole economy is micromanaged so it benefits banksters, yet bitcoin is allowed. lol

[woodman]

The forum is mostly schizo Boomers actually.

.
This is funny! I am arguing with myself as to whether there is any truth in this statement. I must remind myself that it was made by a 'Soy Boy'. I've go to admit that if we had paid any credence to you, we would all be wealthy beyond reckoning.

Did you ever get any pussy Shami? Not that I think that is any measure of a man, but I think it would change your world view if you got your dick wet and especially if you had some children. Passion can unlock the doors of perception, just as it can lock them if unbridled.

[Shami-Amourae]

I've go to admit that if we had paid any credence to you, we would all be wealthy beyond reckoning.
I wish I followed my own advice and didn't panic under pressure of Booomers telling me I was stupid. I trust my gut now and have seen my net worth skyrocket the last year.
If you want a freebie here it is:
BUY POLKADOT
The price is $5 right now.
http://gold-silver.us/forum/showthread.php?102674-Polka-Dot-The-New-Ethereum

https://www.coingecko.com/en/coins/polkadot

You can stake it on Kraken and get 12% returns in Polkadot a year + potential 20x price returns in the next year.



Did you ever get any pussy Shami?

A few hours ago. I'm very popular in my industry lets just say and a lot want to be with me.

[midnight rambler]

It's absurd to compare Bitcoin to gold -

https://www.zerohedge.com/crypto/rosenberg-why-comparisons-between-bitcoin-gold-are-absurd

[Shami-Amourae]

It's absurd to compare Bitcoin to gold -

Bitcoin is deflationary.
Gold is inflationary.

[ziero0]

Bitcoin is deflationary.
Gold is inflationary.
It wasn't for well over two thousand years. What is bitcoins track record?

[Shami-Amourae]

It wasn't for well over two thousand years. What is bitcoins track record?

Horses have been used for thousands of years. What is the automobiles track record?

[midnight rambler]

Horses have been used for thousands of years. What is the automobiles track record?

Which one is more viable after the End of Oil??

The Commies want everyone out of their cars anyway.

[Shami-Amourae]

Which one is more viable after the End of Oil??

The Commies want everyone out of their cars anyway.

The fact that there's enough people who can't put 2 and 2 together means I'll have someone to sell to when Bitcoin is worth $1 million.

[midnight rambler]

Well there it is...you're a speculator, someone who doesn't want to actually earn money by providing a service or a product.

[ziero0]

Horses have been used for thousands of years. What is the automobiles track record?

That would be global warming. Plus I never expect to see a Ford mate with a Chevy to produce a Chrysler pedal car (batteries not included).

[jcismylord]

I don't think ppl got the idea of this thread.

The basic idea is - If you don't hold it - you don't own it.

If you don't hold, understand and is able to compile the source code of the app you use to access your bitcoin - then you are at the mercy of the app developer to hold your secrets intact.

The same goes to browsers and even the operating system.

Crypto means "secret". The idea that you can have unbreakable "secrets" inside of any major computing platforms is just a carefully fostered illusion.

This thread was started to point out that the problems go even much deeper - the hardware itself can not be trusted!

The only way to really have some hope of unbreakable cyber-security, which is a the base of crypto-anything, is to go way down the chain of computing power.

But even that is getting taken away !

Just look at what just happened -


https://www.youtube.com/watch?v=fkMUKSaaIVY

[Bigjon]

Enter James McCanney and Calculate Primes.

All the Public/Private keys have to use Prime numbers. Much of the crypto is derived from the supposed secrecy of finding those prime numbers.

If you were adept at math, you might figure out how to calculate the secret Private Key from it's Public Key? I have not tried, as I'm not a crook, so there is no point of expending all that effort.
But if you were a crook, I think there would be a big payday at the end of the trail.

After proof reading this it occurred to me that the banksters would just love to drain all those crypto accounts, when they want to take over the crypto space.