Speaking of criminals, the CIA-created BTC tonight apparently is now at or below its average mining cost.
[BTC tonight apparently is now at or below its average mining cost]
I have always suspected Bitcoin was created for - nefarious reasons.
If I was the government, and I wanted to monitor an underground economy of some sort, I’d have my minions create such an entity (or whatever one wishes to call it). /shiny side out
I figured Bitcoin is one of the premier Ponzi Schemes because in almost every game I’d download to my (now crashed phone) there were ALWAYS multiple, multiple ads for “free” Bitcoin if you’d just sign up. I didn’t.
Do you have any references showing that BTC was created by the CIA? That thought has passed through my head before but I would need some type of evidence to actually believe it is likely.
I feel like the VAST majority of the philosophy behind BTC is anti-state in comparison to fiat money that relies on the state. (decentralization, anti-inflationary, anchoring the creation of money to something tangible, etc...)
The only thing that is pro-state is that it has created a tolerance for or a familiarity with a digital currency which may make it easier to introduce a CBDC in the future (which is the ultimate pro-state form of currency).