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bitcoin incorporated
- Subject: bitcoin incorporated
- From: juan.g71 at gmail.com (juan)
- Date: Mon, 15 May 2017 16:53:04 -0300
Here's a little company called
https://en.wikipedia.org/wiki/Blockstream
with direct ties to the most toxic, anti 'cypherpunk' forces on
the planet.
http://www.coindesk.com/blockstream-21-million-seed-capital/
"Additional investment firms...Google chairman Eric Schmidtâ??s
Innovation Endeavors, "
It turns out that blockstream's 'leaders' are pretty
'influential' bitcoin developers. They seem opposed to
increasing the block size limit at the moment but they pretend
that their political decision is 'apolitical' 'unbiased' 'code'.
Now some background. Bitcoin, allegedly
"A purely peer-to-peer version of electronic cash would allow
online payments to be sent directly from one party to another
without going through a financial institution."
keywords, peer to peer, no financial middlemen.
Now it gets interesting. Blockstream has a solution to
increase bitcoin's capacity, which I don't think can be
described as "purely peer-to-peer" and involving no middlemen
at all. As a matter of fact, blockstream solution is to create
middlemen that will process the vast majority of
transaction...because they can't scale bitcoin (technical
failure) or they don't want (political failure).