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[–] 1 pt

Tor was openly made in conjunction the DoD. There was no need for the CIA to secretly make it, when it was already being openly made by the Feds and clearly to be used for covert information activities.

I doubt that bitcoin was made by the CIA, but I'd be interested to hear anyone's hypothesis as to why they would.

[–] 1 pt (edited )

Yeh they needed loads of people to use tor to mask traffic.

If I was the cia, I would fluff up the value of bitcoin to lure people looking to avoid taxes and banking systems into investing by spamming transaction volumes, then use the books to build cases against them (it's anon but every single transaction is recorded).

Then either: build backdoors in aps that sent user data when using wallets, or print enough money to just buy and wipe out everyones bitcoin value overnight through a market crash.

A LOT of people use autobots that sell bitcoin when it drops a certain amount so the avalanche would be insane lol.

e: 1 more way to brick the wealth in bitcoin is to wait until the mining required to keep transactions records is ridiculous (it is) and then turn the power off to the mining hubs, stalling the engine out.

[–] 0 pt

The CIA doesn't need to when we have an international criminal cartel running BTC and pumping it up with Tether.

Both made by Naval Intelligence.

because it is a no mans currency and they are the referees of the ocean?

why do you think bitcoin has to do with navy

[–] 0 pt

Exploited by the CIA

[–] 0 pt

No.

Tor was made by the military, I forget which branch, but it's already a government product. not everything the government does is the CIA.

Bitcoin wasn't made by the government, but I'm a firm believer that its "success" in terms of its crazy value, is a government ploy to sabotage it.

If bitcoins maintained a reasonable exchange rate with the US Dollar, there would be no reason to hang onto them, you could freely buy and spend them, as a currency is intended to do, without fear of missing out on striking it rich. BUT, if they can pump up the price, they can make everyone go "wait, I COULD spend this bitcoin I have, OR I could hang onto it and get filthy rich the next time the price goes up!" and then, nobody wants to actually use them as currency, they're too busy hoarding them, and they lose their utility as anything but a gamble.

Call me crazy but I bought bitcoins when they were still about $300 and spent all of them on getting drugs.

Best decision of my life.