bitcoin incorporated

[juan]

	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).