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4
Hijacking Bitcoin - The wild story of how Bitcoin was turned from a payment system that threatened the banks into a commodity controlled by them (www.youtube.com)
posted 1 year ago by donpon 1 year ago by donpon +5 / -1
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▲ 2 ▼
– CoolAsACucumber 2 points 1 year ago +2 / -0

Chapter 9 of Hijacking Bitcoin also had many valuable insights on flaws in the Lightning Network. Around Chapter 11 starts talking about intelligence involvement.

Highly recommend!

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▲ 2 ▼
– donpon [S] 2 points 1 year ago +2 / -0

Yup, LN was a fraud from the start to be used as a stall and delay tactic to keep bitcoin behind centralized government controlled solutions.

Why the Bitcoin Lightning Network is doomed to centralization & failure. [Hijacking Bitcoin, Chap 9]

https://www.youtube.com/watch?v=BxuhHDWoY7Q

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– FourteenEightyFour 2 points 1 year ago +2 / -0

the irony of its value being directly linked to how much USD it's worth is lost on a lot of people.

while that may change in the future, it means in the present that whoever has more USD, can buy all the BTC

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– Vlad_The_Impaler 2 points 1 year ago +2 / -0

It might be a lesson how fiat currencies have hijacked multiple more legitimate currencies, including the price of gold, silver, etc.

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▲ 1 ▼
– donpon [S] 1 point 1 year ago +1 / -0

There is a nasty cabal behind it all.

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– deleted 1 point 1 year ago +1 / -0
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– donpon [S] 1 point 1 year ago +1 / -0

Exactly, that is why we are trying to free humans from banker oppression. The fiat currency system fraud is able to siphon real value from all humans into the pockets of the ruling class.

Bitcoin takes that away from them and returns that energy potential back to the people.

The bankers have tried to kill bitcoin but they only managed to delay the inevitable, which is their loss of control over the world's money or representation of human energy.

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– deleted 1 point 1 year ago +1 / -0
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– donpon [S] 1 point 1 year ago +1 / -0

Do you not use money in your daily life? Money is a tool you can use, just like a car or shoes. If you hoard cars and shoes it can ruin your life.

Bitcoin is honest money where a secret group of elites cannot manipulate it. It is backed by cryptography and once you hold some it is yours until you spend it. It can never be diluted by some far off council of scammers like fiat currency can be.

Money is ultimately worthless just like everything material, even your labor as you cannot take anything with you when you leave the body. That does not mean you should do nothing and just sit idle your whole life.

You are lost in extremes and false ideals.

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– deleted 1 point 1 year ago +1 / -0
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– donpon [S] 1 point 1 year ago +1 / -0

Fact: Millions of children have been raped and murdered using USD and other government issued currency.

Bitcoin is just a tool to transfer value which renders the state powerless to control and manipulate currency to execute evil.

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– deleted 1 point 1 year ago +1 / -0
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– donpon [S] 1 point 1 year ago +1 / -0

I am talking about the real bitcoin which is called Bitcoin Cash (BCH). Always fast and cheap transactions.

You should really watch the video before writing pages of comments which are based on ignorance of the topic at hand.

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... continue reading thread?
▲ 1 ▼
– donpon [S] 1 point 1 year ago +1 / -0

Strap yourself in, this gets intense!

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