Wellcome to Bitcoin - A Government Controlled "Asset"

Lets think for a moment what history taught us so far.

Is BTC today valuable? Certainly is, since it reached a trillion in market cap.

An astonishing accomplishment.

But is BTC useful today and in which ways?

Well, BTC can't be used as a payment network. It has high fees and transactions are slow. The LN is not used and seems it has some broken features leading to the use of centralized parties.

The BTC maximalists claim it can be used instead of gold, so governments can just hold some BTC, but what exactly is the point here? Support governments? Authoritarians and Statists?

What happened and how is it that Bitcoin today is supporting governments instead liberty?

Was Bitcoin Created To Assist Governments?

Bitcoin maximalists spent months rejoicing at the El Salvador adoption news of the Lightning network, and ironically claiming mass adoption was happening!!

Bitcoin is voluntaryism. It is against the centralized model of corruption, theft, and bad management of the economy. It creates a barrier to control it, but this uncontrollable nature of Bitcoin led think tanks and agencies to operate in the shadows but proceed with a detailed plan to tame BTC.

This needed insiders, a well-known cryptographer, and many devs, not part of Bitcoin since the beginning but together gaining enough power to drive out from their positions all the early devs.

The key in everything was just one individual alone. And probably, nobody ever know his real identiey, an anonymous persona all this time, that is even more enigmatic than Satoshi.

This is Theymos, the owner of everything Bitcoin was and still is using for discussions and information. The main page of Bitcoin was its forum. Probably only the whales are visiting it now but it is clear that maximalism breeds and hatred is spilled in this forum relentlessly.

Theymos is the virtual identity of the person that owns and controls:

• Bitcointalk (the Bitcoin forum)

• Reddit r/Bitcoin (the most popular cryptocurrency subforum)

• Bitcoin.org (The website created by Satoshi, probably now owned by Cobra, another anon)

There is also speculation that the @bitcoin twitter handle started by Theymos, while alslo being partially responsible for the Bitcoin Block Explorer (blockexplorer.com).

At some point in time, many suspected the accounts connected to Theymos changed hands sometime between 2013-2015.

But, is Theymos an anon? The confussion spread is similar to finding Satoshi.

Some claim Theymos is a person under the name Michael Marquardt, it seems the US department of justice also did in 2014, identifying probably by following the bitcoin.org website ownership statement.

Perhaps this was Theymos, yet, there are no images online, the guy took all steps to hide the real identity and we can't be sure if this name is real or not.

But, whatever happened, this name is probably the original Theymos, and at some point, some of the accounts together with the admin rights were tranfered (sold?) to somebody else. The original Theymos according to early Bitcoiners was very young in age, perhaps 19 years old (so probably 33 years old today).

At a point in 2014 the account changed hands while at the same time Blockstream was founded by Bitcoin Core devs lead by Greg Maxwell. After that it was a series of events that led to a schism in the Bitcoin Community, with part of the devs and Theymos acting in support of Adam Back. Some more suspicious shady figures that appeared between 2012 and 2014 took the side of Blockstream. A few others that represented Bitcoin in conventions, discussions, on YouTube, in conferences, even in front of the Senate of Canada (Antonopoulos), while they have been preaching the need of scaling Bitcoin, they eventually stood back, betraying all they stood for and switched their rhetoric.

Digital Currency Group is also running the crypto show. Ex-investment bankers are pulling strings and installed muppet show of disinformation and censorship. It is all becoming so confusing as there are blank spots nobody mentions often.

The banks infiltrated Bitcoin, this is nothing new, I was under the impression the banks were in control without ever having an interest in the technology.

Decentralization is ignored, and left behind just for a few. You have let's say 1,000 hodlers that made millions, but hold the rest of their Bitcoin for ideological reasons or for speculation having in mind if they don't sell it will reach $ 1 million. It could, I can't tell the future. It can be more than 1,000, lets say 10,000 users. Can't think they are more (users not investors). So these early Bitcoiners are using BTC with their nodes and perhaps some of them are taking all the extra steps to secure their privacy.

Who cares? The bankers care? They sold Bitcoin to 100,000,000 individual users on exchanges, trading websites that were supposed to be just for stocks and commodiities and trading apps.

Out of the millions that bought all this BTC today, the 10,000 users that want it decentralized and preach decentralization, are NOTHING.

That's right, you are nothing for the bankers. They sold your BTC to institutions, and some folks that think volatility and crypto exposure is necessary but won't ever going to use BTC for anything else but an investment.

Bitcoin was infiltrated, stripped from its P2P electronic currency options and presented to Wall Street funds offering this cool shinny new coins to investors. There is nobody left that cares today, BTC is just done for. It has this golden opportunity to become an bright light of hope for everyone.

For once it would be fine for those inside the plan to come out clean, express their disgust with the El Salvador authoritarianism, and stop supporting the Blockstream corporate interests.

Thankful to the Bitcoin devs that made Bitcoin better than that and made it Bitcoin Cash.