[Cryptography] Bitcoin theft and the future of cryptocurrencies

grarpamp grarpamp at gmail.com
Tue Dec 19 12:25:26 EST 2017


On Tue, Dec 19, 2017 at 8:40 AM, Jameson Lopp <jameson.lopp at gmail.com> wrote:
> 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.

Two different points of view in video form were listed by posters.
The reader can now research analyse discuss debate support and
decide for themselves which point of view / tech is better / for them.
Unless of course they try to do that in the widely documented as
being *censored* echo chambers of bitcointalk and /r/bitcoin.
Or they can set that aside as outside their scope / capability
as users / investors and simply research the FACTS of the
current operating market... BTC falling from 100% market cap
share to under 48%, now with ridiculously and even prohibitively
high fees and confirmation times for many end user use cases for
months, and multiple competing coins now being turned up in the
payment processors and exchanges for retail use.
No longer the defacto leader, are BTC's days as a leading coin now numbered?
Which coins are now jointly carrying forward the ethos of "Bitcoin"
including any cypheranarchopunk virtues that might be
distilled from the message in Satoshi's Genesis Block?
Which coins have features, movements, governance in directions
that might in fact allow banks, governments, and other adversaries
to indeed exert undue / unwanted influence over them?
Which coins are actively catering / designing to and partnering
with said entities, whether to counter disrupt, or simply to provide
[exclusive] cryptocurrency solutions / replacements for printed fiats
and other existing systems in the finance space?
Which coins are and do not?
...
There is more than one coin now, and these and more that could
be posed by others are all fundamentally important questions that
must be openly asked, answered, and understood by all in the space.

Which chambers people choose are up to them, indeed
diversification is a fine strategy to avoid being tied up in just one,
unless of course that suits their fancy.


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