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Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?
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Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?

Bombs NOT Bitcoin! | We Are At Risk | A Digital Ticking TimeBomb

NewsBTC
NewsBTC
7 years ago
3 mins read
BNB

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Created by industry experts and meticulously reviewed
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Ad discliamer

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Bombs NOT Bitcoin! | ‘We Are At Risk!’ | A Digital Ticking Timebomb!

Written By: Patrick ‘PK’ McDonnell

“Anyone Who Doesn’t Believe Over 25% Of The CoinMarketCap Total Value Isn’t Criminal, Drug Transaction’s & Hate Money Is Dilutional! It Comes With The Territory & Can Be Tamed. $USD Was Built Off The Drug Wars.”

Bitcoin, Blockchain, Cryptocurrency… Possibly the greatest innovation of mankind? So many new applications & blockchains being developed by the biggest names in business/finance that we can’t keep up! WOW! SUCH DISRUPTION! Regulation has infiltrated our community & continues on through natural progression.

But let’s take a step back & recognize the most important aspects of becoming a somewhat decentralized society with limited rules & regulations? Sounds great to me! Yet a little voice in my head screams ‘security’! Not the type of security that protects consumer wallets from hacker thefts, security as in ‘Homeland Security’.

‘We Are At Risk!’ ….. “Our society as a whole has proven we need rules & regulations on some level to keep order otherwise we have anarchy & chaos.”

Bitcoin & it’s underlying world of sister chains ultimate survival or demise depends on much more than what the BTC hierarchy is currently debating. Like any invention it can be used for both evil & good. I am a cryptohead to the core! An advocate of decentralization, Outspoken marijuana supporter, etc.

But Bitcoin & it’s underlying technology ‘Blockchain’ are a ‘digital ticking tombbomb’ that can anonymously be used in nuclear war & terrorism outside of other things. It’s time as a community we address this & come to agreement on a steadfast solution that monitors our communities IP Addresses & Blockchains, etc. anonymously for suspicious activities & money flows through mining rewards which report abnormal activity transparently in community forums to evaluate threats while eliminating risks of enabling the funding of terrorism, war or evil acts. Bitcoin was created for equality not hatred!

Alternative Cryptocurrencies pose the most risk for evil organizations to fly below the radar & we as a digital eco-system must police our communities if we seek true decentralization. A Blockchain is a proposed economy in many cases with that comes the responsibility of a government like structure not an exchange listing! If you are not economically sound leave the Blockchain alone. We cannot afford to turn a blind eye. ‘See something, say something,’ innocent lives are at stake in the real-world. Wake up Bitcoiners!

COYOTE AFTER THOUGHT??? As a father of two young adults growing & living in The US, I cannot help but think for my children’s future. Our country is suffering from a lack of leadership while our reserves are dwindling. As American’s we are consumed with debts & threats due to current/previous mis-management that destroyed what once was a great & prospering country. I pray that the digital generation gets it’s right with Blockchain Technology & cures the ills of our broken society not only monetarily but morally. ~~~~~88~~~~~

#KNOWYOURROLEINBTC

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Comments 4

  1. Mark Norton says:
    10 years ago

    Wow, amazing clickbate FUD. If there’s a rational argument here it’s buried in the hyperbole.

    Reply
  2. Dave J says:
    10 years ago

    Dilutional… mmmkay…

    Reply
  3. The Benevolent Dictator says:
    10 years ago

    I understand where you’re coming from but if national security is your concern, I think you may underestimate the reality we face. Until open source manufacturing of computer hardware is commonplace, we are stuck in a world of pure surveillance. Nothing is currently secure. We are all under surveillance and the blockchain is not anonymous. Quite the opposite. A public ledger on comprimised hardware just means more surveillance and policing. So as far as pure anarchy and decentralized societys that operate in a completely stateless world? I have to say, you are a little ahead of your time. What worries me are private banking blockchains. That is what will be truly evil. The day HSBC and other entities operate on a closed private blockchain, is when we will see some evil things happen. Your personal worry is still quite a few years off. But a private banking blockchain tied to an already growing killing machine (unjust military operations) is a lot closer of a reality to face. I don’t mean to sound rude but please think a little deeper before publishing articles. Choose your battles wisely and please stop telling people Bitcoin is fueling crime. We have enough misinformation as it is. The blockchain is the pinnacle of financial surveillance until we fix a lot of other problems first. What a blockchain does do rather well at the moment is democratize truth and offer uncensored transactions. While it also is capable of bringing a financial system to anyone with a cell phone. 4 billion people will see their standard of living rise. The real crisis îs in the ability to provide and produce systems to handle billions of people entering the economy. I would say distributed food production is a personal focus for me. The problems you outline are a bit ahead of our time. One step at a time. Your crisis will arise. But that is a day that will have to be faught for. And as you can see, will need some thought as we begin to decentralize our world.

    Reply
    • Coyote WallStreet says:
      10 years ago

      Good view on things thanks for taking the time to read & comment. Many of your beliefs are similar to mine. You are correct one step at a time.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 4

  1. Mark Norton says:
    10 years ago

    Wow, amazing clickbate FUD. If there’s a rational argument here it’s buried in the hyperbole.

    Reply
  2. Dave J says:
    10 years ago

    Dilutional… mmmkay…

    Reply
  3. The Benevolent Dictator says:
    10 years ago

    I understand where you’re coming from but if national security is your concern, I think you may underestimate the reality we face. Until open source manufacturing of computer hardware is commonplace, we are stuck in a world of pure surveillance. Nothing is currently secure. We are all under surveillance and the blockchain is not anonymous. Quite the opposite. A public ledger on comprimised hardware just means more surveillance and policing. So as far as pure anarchy and decentralized societys that operate in a completely stateless world? I have to say, you are a little ahead of your time. What worries me are private banking blockchains. That is what will be truly evil. The day HSBC and other entities operate on a closed private blockchain, is when we will see some evil things happen. Your personal worry is still quite a few years off. But a private banking blockchain tied to an already growing killing machine (unjust military operations) is a lot closer of a reality to face. I don’t mean to sound rude but please think a little deeper before publishing articles. Choose your battles wisely and please stop telling people Bitcoin is fueling crime. We have enough misinformation as it is. The blockchain is the pinnacle of financial surveillance until we fix a lot of other problems first. What a blockchain does do rather well at the moment is democratize truth and offer uncensored transactions. While it also is capable of bringing a financial system to anyone with a cell phone. 4 billion people will see their standard of living rise. The real crisis îs in the ability to provide and produce systems to handle billions of people entering the economy. I would say distributed food production is a personal focus for me. The problems you outline are a bit ahead of our time. One step at a time. Your crisis will arise. But that is a day that will have to be faught for. And as you can see, will need some thought as we begin to decentralize our world.

    Reply
    • Coyote WallStreet says:
      10 years ago

      Good view on things thanks for taking the time to read & comment. Many of your beliefs are similar to mine. You are correct one step at a time.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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