[Cryptography] Bitcoin theft and the future of cryptocurrencies

Jameson Lopp jameson.lopp at gmail.com
Tue Dec 19 08:40:20 EST 2017


On Tue, Dec 19, 2017 at 1:48 AM, grarpamp <grarpamp at gmail.com> wrote:

> jameson.lopp at gmail.com:
> > Second layer solutions such as Lightning Network do not require the
> > introduction of trusted third parties:
> > https://www.youtube.com/watch?v=rrr_zPmEiME
> > Last I recall, they had been implemented in the Elements Project:
> > https://blockstream.com/technology/
>
> Many say such proposals as LN can, are likely to, or will, devolve back
> into
> the old centralization / trust / economics problems that cryptocurrencies
> were born from Cypherpunk to solve, and to expect a continual process of
> proposing testing and discarding such elements that don't advance that
> solution.
>
> How The Banks Bought Bitcoin - The Lightning Network
> https://www.youtube.com/watch?v=UYHFrf5ci_g
> Blockstream Turning Bitcoin Into Fiat?
> https://www.youtube.com/watch?v=rYBOqW9SDmE
>
> The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Part 4
> https://www.youtube.com/watch?v=iFDe5kUUyT0
>
> Decentralised Truth: Use Beats Authority (Delegation Wrecks Fools)
> https://www.youtube.com/watch?v=XCVaabu3J04
>
> https://www.reddit.com/r/btc


See what happens when you spend too much time in the /r/btc echo chamber?
You start believing their FUD videos about second layer networks creating
banks or Blockstream running Bitcoin.

>
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