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January 11, 2014, 03:26:17 AM |
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C'mon guys, I expected better.
The point is as follows:
1. Most people don't understand Bitcoin 2. People fear what they don't know or misunderstand 3. People resort to pack mentality when they don't know or misunderstand
I realize the differences between CryptoCoin and Bitcoin are plainly obvious to someone who understands bitcoin. In this context, yes, CryptoCoin sounds like the dollar, and on the surface appears nothing like Bitcoin aside from the name: it's centrally issued and centrally maintained. The reason why it is propaganda is in the implication, that the currency which inspired the idea, being Bitcoin, is being painted as though it is a tool by the fed for nefarious deeds (which is an accusation I have heard on several occasions), as though Bitcoin, just like the dollar, is an enemy. Anyone who's been paying attention to anti-Bitcoin videos and articles will see there is a growing following of people who completely despise Bitcoin, for the same reasons mentioned above: they fear Bitcoin because they do not understand Bitcoin, and seek confirmation for their bias.
Now, we can easily wave these people away as sheeple or what have you, but remember that the majority of people in this world still believe, and firmly, in God and the state, if not the state alone, and are influenced by irrational methods. Recall the central role in the game: it pits one common goal in young people these days, i.e. a change in the regime, esp. through violence, and a relatively new and unknown goal, that being to shut down this new (that is, old when the game takes place) and "only" payment system (as impossible as this is anyway.) This normalizes a negative opinion of crypto-currency and confirms the biases of people who readily have doubt in anything that sounds like Bitcoin. The implication that this money can lead to extreme, global centralization of wealth and slavery over the masses will leave an impression on anyone who remotely connects CryptoCoin to Bitcoin or whatever other Altcoin (like I said, people hardly care for the, albeit important, differences.)
I'm afraid I can't buy the idea that CryptoCoin was a happy accident mish-mash of words that just happens to coincide with the popularity of the new crypto-currency Bitcoin, and not only that, but in some kind of dystopian apocalyptic Orwellian/"Anarchist" world, which so many threads seem to allude to lately. Merely because CryptoCoin isn't explicitly called Bitcoin doesn't mean the propaganda isn't there; there is a shaky idea of what Bitcoin is and what it can do to the world, and this is not exactly a positive image for "CryptoCoin"s.
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