I have a little perspective here. I can't speak to the origin of Bitcoin, it came out of nowhere by a mysterious inventor who disappeared not too long after it started to get traction. Maybe it was NSA behind it, maybe it was a libertarian cypherpunk who wanted to uproot the current financial model. Who knows.
This is what I do know, Bitcoin fundamentally broke in late 2018 when it was subverted during the block size wars. Merchants including steam and Microsoft stopped accepting it because its hobbled evolution was no longer usable. Bitcoin isn't terribly useful today except for a narrow set of use cases and if anyone cared I could step through piece by piece why that is.
The real conspiracy is how Bitcoin got screwed over and hobbled -- likely on purpose through a well orchestrated and coordinated set of events. At the time Bitcoin was a real threat to the current banking system. Now Bitcoin is no different than any commodity, and is not a threat to monetary hegemony.
I have a little perspective here. I can't speak to the origin of Bitcoin, it came out of nowhere by a mysterious inventor who disappeared not too long after it started to get traction. Maybe it was NSA behind it, maybe it was a libertarian cypherpunk who wanted to uproot the current financial model. Who knows.
This is what I do know, Bitcoin fundamentally broke in late 2018 when it was subverted during the block size wars. Merchants including steam and Microsoft stopped accepting it because its hobbled evolution was no longer usable. Bitcoin isn't terribly useful today except for a narrow set of use cases and if anyone cared I could step through piece by piece why that is.
The real conspiracy is how Bitcoin got screwed over and hobbled -- likely on purpose through a well orchestrated and coordinated set of events. At the time Bitcoin was a real threat to the current banking system. Now Bitcoin is no different than any commodity, and is not a threat to monetary hegemony.