Disgusting isn't it? They've been working on a project called Mimble Wimble which may eventually be a direct replacement/competitor for Bitcoin as well. In fact lots of people are working on non-Bitcoin projects in stealth.
What we need is some good leftists to come around and smash the investment capitalists completely out of The cryptocurrency space.
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On Mon, May 15, 2017 at 3:53 PM, juan wrote:
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 Schmidt’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).
