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Tuesday, February 28, 2017

Bitcoin conspiracy

What if a few people like Ver or Gavin realized that if Bitcoin ever actually looked like it was going to succeed the banking industry would spend billions of dollars to stamp it out or that rapid adoption could actually be very bad for society and mankind as a whole?

In either of these cases, Bitcoin would have to constantly look like it was on the brink of failure even though adoption was increasing. This would serve to slow adoption to a manageable rate as well as keep the corrupt banking and fiat system from bothering to get involved until too late.

How would I do this? First, you have to keep the actual conspiracy small otherwise the jig is up. But then how do you get co-conspirators who aren't actually co-conspirators? Make it about something else, a competing client. OK, great. But you really need to stop people from actually wanting the client. How do I do that? Easy, I will make it complete shit and a totally obvious guarantee of failure to anyone technical. Uh oh, they will just dismiss me out of hand and continue on their way! What will I do?

FUD. LIES. PROPO. FUD. LIES. PROPO.

Damn, all this costs money. I don't want to lose all my coins. I know, I'll use this system to make money on altcoins! That way I can continue funding my conspiracy to pretend to want Bitcoin Unlimited while I really want to slowly advance Core.

While none of this is likely true, I like to think it is, I sleep better at night this way.

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