Bitcoin Is The Second Greatest Scam In The History Of Mankind

Bitcoin Is The Second Greatest Scam In The History Of Mankind – CHAPTER[1]

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var items = ['id': '7913790788544569389', 'body': 'M Shocked after reading your article...', 'timestamp': '1528885807630', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528885807630#c7913790788544569389', 'author': 'name': 'salman qureshi', 'avatarUrl': '//lh5.googleusercontent.com/-sNS607aDwiY/AAAAAAAAAAI/AAAAAAAAABo/uHBfhikp8fE/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/02251179816658722757', 'displayTime': 'Jun 13, 2018, 3:30:00 PM', 'deleteclass': 'item-control blog-admin pid-227301242', 'id': '5298663182002081300', 'body': 'I just read the chapter one you created and to be honest it was all full of information that I already knew and was kind of boring alot.x3cbr /x3ex3cbr /x3eMost of your research contains allegations without any proof. Like the one in start x26quot;The primary aim of Bitcoin creators is to use Artificial Intelligence (AI) and Data miningx26quot; Because there is no proof of you saying this, no bitcoin company has yet started working on AI x26amp; Data Mining, Neither available in their career opening nor publicly announced. That would be another story if you have worked over there and you know the secret sauce. x3cbr /x3ex3cbr /x3eI will still wait for your chapter#2 but what you mentioned everything here is weird.x3cbr /x3ex3cbr /x3eThe economy is moving to cashless. I know, thatx26#39;s why so many mobile wallets etc are opening even here in Pakistan. Can you do something about it? Can you stop it? Why its good x26amp; bad to have a cashless economy.x3cbr /x3ex3cbr /x3eLook brother, itx26#39;s nature. Anything you see on this world has two sides. Bad x26amp; Good. Take an example of your mouth, you can either eat and talk to people or you can use foul language with people.x3cbr /x3ex3cbr /x3eCashless economy is bad on one side and good on the other side. Bad is that you donx26#39;t have real money, everything is in computer bits and you can be dumped anytime they want but at same time it stops money laundering, illegal use of money, makes everything in track etc. At same time it gives you features, hassle-free transactions. x3cbr /x3ex3cbr /x3eWe both know, banking is the biggest SCAM of history but you and me still keep money in the banks KNOWING that it is scam. Because, Because, Because there is no other way or solution to send money to a guy 1000km away from you. There is no way to purchase something thats in another country. There is no way to keep your money safe in your home. x3cbr /x3ex3cbr /x3eIF you have a solution, tell me I will be the first to say NO to these scams. Infact, you are also a hardcore user than me.x3cbr /x3ex3cbr /x3eLetx26#39;s accept, FIAT currency was scam, Bitcoin is scam and so on. But if FIAT is scam and you rely on it, people will also rely on x26quot;SCAM BITCOINx26quot;. Thats how everything works.x3cbr /x3ex3cbr /x3eI would accept such allegations etc from a person who dont use mobile wallet, who dont use banking, who dont use any of these scams what so ever.x3cbr /x3ex3cbr /x3eWarren Buffet considers bitcoin as scam but he doesnt consider FIAT as scam? Why, infact he got billions of it.x3cbr /x3ex3cbr /x3eI am not a die hard fan of crypto, as I am not even working in it but I work on blockchain.x3cbr /x3ex3cbr /x3eNSA can track your email etc anything they want, but they cant track your SHA-256 bit encrypted emailx26#39;s you can do.', 'timestamp': '1528918737660', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528918737660#c5298663182002081300', 'author': 'name': 'Mansoor Ahmad', 'avatarUrl': '//lh3.googleusercontent.com/-OCZllJk8fPE/AAAAAAAAAAI/AAAAAAAAJV8/CGDKhWu3auI/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/01362745018650435814', 'displayTime': 'Jun 14, 2018, 12:38:00 AM', 'deleteclass': 'item-control blog-admin pid-2096715307', 'id': '854013246039455024', 'parentId': '5298663182002081300', 'body': 'Thank you for commenting on the blog and leaving your queries here which could help everyone accessing the research read and decide for themselves who is right and who is wrong.x3cbr /x3ex3cbr /x3eLets do a breakdown of your so many arguments and allegations one by one:x3cbr /x3ex3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3cbr /x3ex3cbr /x3ex26quot;I just read the chapter onex26quot; and then you said x26quot;was kind of boring alot.x26quot; x3cbr /x3ex3cbr /x3eYes sir because you missed the remaining x3cbx3e90% of the researchx3c/bx3e and jumped straight to your keyboard. You deserve an applause on this. x3cbr /x3ex3cbr /x3ex3cbx3eYou said:x3c/bx3e x26quot;Most of your research contains allegations without any proof.x26quot; x3cbr /x3ex3cbr /x3eIn the start of your comment you said you have just x3cbx3eread Chapter#1x3c/bx3e then how come you came to the conclusion that the remaining 12 sub-chapters that you havenx26#39;t yet read are all allegations with no proof? I guess the biggest allegation is your statement itself!x3cbr /x3ex3cbr /x3ex3cbx3eYou said:x3c/bx3e x26quot;no bitcoin company has yet started working on AI x26amp; Data Mining,x26quot; x3cbr /x3ex3cbr /x3eReally? Looks like you really havenx26#39;t then heard about x26quot;Ben Goertzelx26quot;, the Chief scientist and CEO of SingularityNET whose decentralized blockchain network lets anyone create, share, and monetize x3cbx3eAI servicesx3c/bx3e at scale. x3cbr /x3ex3cbr /x3eThe blockchain protocol implemented successfully by the same elite is now used by them to study AI and they just built the world’s first x3cbx3edecentralized AI networkx3c/bx3e and you are telling me x3cbx3eno bitcoin (crypto company) has yet started working on AI?x3c/bx3e. Brilliant!x3cbr /x3ex3cbr /x3eThey have not only implemented the first decentralized AI network globally but they are taking in more x3cbx3etest dummiesx3c/bx3e on board through their x3cbx3ecryptocurency tokensx3c/bx3e called x26quot;AGIx26quot;. x3cbr /x3eTheir new bogus cryptocurrency has so far raised x3cbx3ex3ca hrefx3dx22https://coinmarketcap.com/currencies/singularitynet/x22 relx3dx22nofollowx22x3e$62 million dollarsx3c/ax3ex3c/bx3e out of peoples pockets. x3cbx3ePlease wake up!x3c/bx3ex3cbr /x3ex3cbr /x3ex3cbx3eSophiax3c/bx3e, the world’s most expressive robot, is first successful use case of the SingularityNET AI modules. They just build a living robot out of AI. This is their potential and you doubt these facts as allegations?x3cbr /x3ex3cbr /x3eIf incase you donx26#39;t know how AI and machine learning is used to do data mining then please read it on x3ca hrefx3dx22https://en.wikipedia.org/wiki/Data_miningx22 relx3dx22nofollowx22x3ewikipediax3c/ax3e.x3cbr /x3ex3cbr /x3eThe same SingularityNET network is working x3cbx3ebehind curtainsx3c/bx3e to provide a more reliable P2P solution to the bitcoinx26#39;s current scalability and Proof-ofwork algorithm which I just pointed above in my research by saying:x3cbr /x3ex3cix3eBitcoin which is their test-dummy, is probably made in-efficient intentionally with energy intensive mining algorithms such as Proof of Work (PoW) so that when the final version of the centralized cryptocurrency is introduced, the bitcoin problems of scalability and energy cost could be used as an excuse to propose a far better solution to existing problems faced by crypto community worldwide.x3c/ix3ex3cbr /x3ex3cbr /x3eNow Read their post to see for yourself how the new algorithm of x3cbx3ex3ca hrefx3dx22https://blog.singularitynet.io/singularitynet-moves-toward-social-computing-with-proof-of-reputation-14df7c6618fx22 relx3dx22nofollowx22x3eproof of reputationx3c/ax3ex3c/bx3e has been proposed and advertised by ridiculing the previous algorithm of proof-of-work used in bitcoin. x3cbr /x3eSee the image to understand the exact concept:x3cbr /x3e[img srcx3dx26quot;https://cdn-images-1.medium.com/max/800/1*L8ON-4pE6bmKNWLv52RfJw.pngx26quot; widthx3dx26quot;90%x26quot;][/img]x3cbr /x3ex3cbr /x3eThe new protocol will be demanded by people themselves and this is exactly what they want. They intentionally made the test version weaker so to first study human behavior and then gradually roll down the curtains for the more reliable one. x3cbr /x3ex3cbr /x3ex3cix3econtinues... x3c/ix3e', 'timestamp': '1528936574729', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528936574729#c854013246039455024', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 14, 2018, 5:36:00 AM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '3146546786133960940', 'parentId': '5298663182002081300', 'body': 'x3cbx3eThen you said:x3c/bx3e x26quot;The economy is moving to cashless.....Can you do something about it? Can you stop it? x26quot; x3cbr /x3ex3cbr /x3eYes I can and I am to the best of my ability and resources by writing 60,000 words of research, spending days and nights gathering information and putting it in layman style so that everyone could be educated before hand. x3cbr /x3ex3cbr /x3eThe best way to fight it is x3cbx3eawareness and educating othersx3c/bx3e about its disadvantages as as I mentioned in my bullet-ed 13 points . x3cbr /x3ex3cbr /x3eIs sitting dumb and waiting for the x3cbx3eenforced enslavementx3c/bx3e prefereable for you then taking up stand and at least raising awareness against it? I prefer the later at least.x3cbr /x3ex3cbr /x3ex3cbr /x3ex3cbx3eThen you said:x3c/bx3e x26quot;at same time it stops money laundering, illegal use of money, makes everything in track etc. At same time it gives you features, hassle-free transactions.x26quot;x3cbr /x3ex3cbr /x3eYou are saying the exact same thing the banking elite will use to brainwash people. This is why I have already mentioned in my article:x3cbr /x3ex3cbr /x3ex3cix3eThe elites will impose this cashless agenda upon every country by giving lame excuses of reducing money laundering, tax evasion, criminal transactions etc. but the sharp criminals will always find alternative ways to carry their business. x3c/ix3ex3cbr /x3ex3cbr /x3eThose who do tax evasion or money laundering are not middle class people like me or you but the most powerful ruling elite of the society. They will always invent new ways to continue their crime. Who will this cashless system enslave at the end of the day, us who canx26#39;t afford to escape it or the elite who can always afford to escape it? x3cbr /x3ex3cbr /x3ePlease get realistic buddy. This world is more darker than the colorful gardens of Disney.x3cbr /x3ex3cbr /x3ex3cbx3eThen you said:x3c/bx3e x26quot;IF you have a solution, tell me I will be the first to say NO to these scams.x26quot;x3cbr /x3ex3cbr /x3eIf you had honestly read the full research sub-chapters, you would not have raised this question. I wrote almost 4 sub-chapters from Chapter[1.1] to Chapter[1.4] emphasizing on the importance of Gold(Dinar) and Dirham(Silver) and how a monetary system backed by gold is the only solution and was the only solution for thousands of years. No one is asking you to keep gold coins in your pockets but a system backed by gold will ensure transparency and safeguard your two important assets 1. your time and 2. your energy. x3cbr /x3ex3cbr /x3eYour purchasing power is secretly leaking today thanks to this corrupt monetary system of worthless fiat currencies that are created on will including cryptocurrencies. Bitcoin has 4-5 different versions which one of it is the true digital gold according to you? x3cbr /x3ex3cbr /x3eYes I am using banks and debit cards today because my elders did nothing when this scam was being imposed upon us back in 1945. But today I at least want to stand up against the second biggest scam of electronic currencies with a hope if it can not be stopped then at least it can be prolonged through awareness. Didnx26#39;t RFIDx26#39;s manufacture stopped in 1990s as soon as people stood united to condemn its use??x3cbr /x3ex3cbr /x3ex3cbr /x3ex3cbx3eYou said:x3c/bx3ex26quot;NSA can track your email etc anything they want, but they cant track your SHA-256 bit encrypted emailx26#39;s you can do.x26quot;x3cbr /x3ex3cbr /x3eThis is exactly what people said about SHA-1 and after almost 20 years Google found collisions in it and the world was shocked to discover you could use two inputs to create a single output in SHA-1. SHA-256 is just another lollipop given by whom, its creator the National security agency who coded it. x3cbr /x3ex3cbr /x3ePlease read about Dual_EC_DRBG in Chapter[1.12] which was accepted as a so-called secure algorithm worldwide but after 7 years the world got to know thanks to NSA contractor Edward snowden that NSA bribed RSA security with over $10 million to include the algorithm which had secret back door only known to NSA. This is the 21st century reality not allegations!x3cbr /x3ex3cbr /x3eBitcoin software helps its users to create 256-bit long private keys using the Operating System’s default pseudorandom number generator (PRNG) which works a lot similar to Dual_EC_DRBG to create a random number and you are telling that NSA (who created it) canx26#39;t decrypt it?? ', 'timestamp': '1528936872711', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528936872711#c3146546786133960940', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 14, 2018, 5:41:00 AM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '7747795763541177504', 'parentId': '5298663182002081300', 'body': 'Since you said you are working on blockchain can you tell me if the entropy generated by PRNG of your OS deterministic or Not? If yes then how are you so sure your OS provider isnx26#39;t bullied by NSA to include encryption back doors by bribing such companies with over $250 million?x3cbr /x3ex3cbr /x3eI would wait for all these answers. Its easy to read 10% of a research and jump straight at keyboard calling it weird and baseless but difficult to read remaining 90% of the research and respecting the struggle for awareness. x3cbr /x3ex3cbr /x3eYou may kindly reconsider your statement x26quot;it was all full of information that x3cbx3eI already knewx3c/bx3ex26quot;. Because I was taught in school to always stay and hungry for knowledge with the principle that x3cbx3ex26quot;I know lessx26quot;x3c/bx3e x3cbr /x3ex3cbr /x3eIn the end I leave you with this advice:x3cbr /x3e-----------------------------------------x3cbr /x3ex3cbx3eNo one is more crueler than the one who attains silence to injustice by choice.x3c/bx3ex3cbr /x3e', 'timestamp': '1528936903893', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528936903893#c7747795763541177504', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 14, 2018, 5:41:00 AM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '4056994065481950417', 'body': 'MashaAllah. Good work. I am an undergraduate student, interested in reading all your research. Started reading this blog yesterday, found some difficult vocabularies, which I have to them google separately. Do add a separate vocabulary section, if possible. I hope you will take this positive. ', 'timestamp': '1528965220024', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528965220024#c4056994065481950417', 'author': 'name': 'Yumna Asim', 'avatarUrl': '//lh3.googleusercontent.com/-FJiQr_lRXzM/AAAAAAAAAAI/AAAAAAAADSI/uQkXW8tIUjQ/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/14211196950435986332', 'displayTime': 'Jun 14, 2018, 1:33:00 PM', 'deleteclass': 'item-control blog-admin pid-936612190', 'id': '2464542440690602454', 'body': 'میں ایک کروڑ سیلوٹ بھی ماروں محمّد مصطفیٰ احمد زئی کو تو کم ہے ، مجھے یقین نہیں تھا کہ دنیا میں کوئی شخص ایسا بھی ہوگا جو اس بٹ کوئین کی دھججیا اڑا دیگا ، اس فراڈ نظام کو چیلنج کرے گا ، مجھے اتنا آئیڈیا نہیں تھا( بٹ کوئین) اسکے بارے میں مگر پورا آرٹیکل پڑھ کر دماغ کے چودہ طبق روشن ہوگئے ہیں. اپنی کتاب کو انگریزی کے علاوہ اردو زبان میں بھی چھپوانا اور اس میں اسلامک بلینڈ بھی شامل کرنا .', 'timestamp': '1528969321062', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1528969321062#c2464542440690602454', 'author': 'name': 'Sarwan Jawaid', 'avatarUrl': '//lh3.googleusercontent.com/zFdxGE77vvD2w5xHy6jkVuElKv-U9_9qLkRYK8OnbDeJPtjSZ82UPq5w6hJ-SAx3ds35', 'profileUrl': 'https://www.blogger.com/profile/16138529070948949942', 'displayTime': 'Jun 14, 2018, 2:42:00 PM', 'deleteclass': 'item-control blog-admin pid-1321655158', 'id': '6503732201041771786', 'parentId': '4056994065481950417', 'body': 'I am so glad you liked it Yumna.x3cbr /x3eSince the subject matter is such technical, I tried my best to make it as simple as possible in layman terms. x3cbr /x3ex3cbr /x3eI will surely try to make it even easier in coming upgrades. ', 'timestamp': '1529083747090', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529083747090#c6503732201041771786', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 15, 2018, 10:29:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '2017943121232307399', 'parentId': '2464542440690602454', 'body': 'Sarwan your comment made my day and literally means a lot. x3cbr /x3eIt is because of you people who give us the courage to keep working harder. x3cbr /x3eThank you a lot dear Sarwan and I will surely keep your advice in mind. x3cbr /x3eI have contacted some people to translate it in Urdu, lets hope I live up to it. x3cbr /x3eGod bless you man :)', 'timestamp': '1529083948355', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529083948355#c2017943121232307399', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 15, 2018, 10:32:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '2418719503680969532', 'body': 'U really unveil the Bitcoin scam which surely is enculcating in our society.', 'timestamp': '1529090230844', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529090230844#c2418719503680969532', 'author': 'name': 'saima nadeem', 'avatarUrl': '//lh3.googleusercontent.com/zFdxGE77vvD2w5xHy6jkVuElKv-U9_9qLkRYK8OnbDeJPtjSZ82UPq5w6hJ-SAx3ds35', 'profileUrl': 'https://www.blogger.com/profile/16143537767264420470', 'displayTime': 'Jun 16, 2018, 12:17:00 AM', 'deleteclass': 'item-control blog-admin pid-1446884291', 'id': '3986873669866085013', 'body': 'Hello bro mustafa,x3cbr /x3ex3cbr /x3eGreat work! I donx26#39;t know much about how cryptocurrency works or anything about Bitcoin for that matter, all I knew that it was a digital currency, still I always suspected it wasnx26#39;t a legti and also some muftis gave a fatwa against it, so this article really proved to be an eye opener for mex3cbr /x3eSince I am a bloggger myself, recently I have been thinking alot of AdSense is permissible in Islam or not and if showing women pictures in your blog post are also against Islam, let me know whatx26#39;s your take on that.x3cbr /x3ex3cbr /x3e', 'timestamp': '1529186248991', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529186248991#c3986873669866085013', 'author': 'name': 'Saima Masood', 'avatarUrl': '//lh3.googleusercontent.com/zFdxGE77vvD2w5xHy6jkVuElKv-U9_9qLkRYK8OnbDeJPtjSZ82UPq5w6hJ-SAx3ds35', 'profileUrl': 'https://www.blogger.com/profile/07474540620358170180', 'displayTime': 'Jun 17, 2018, 2:57:00 AM', 'deleteclass': 'item-control blog-admin pid-263995452', 'id': '7922433754668858570', 'body': 'The secrecy around the founder of the bitcoin had made my mind repeatedly think that something is not right. Then the act of people measuring worth of a bitcoin in terms of paper currency dollar also made me think that something is not right.x3cbr /x3ex3cbr /x3eBut from these paragraphs Ix26#39;ve now clearly understood what is wrong:x3cbr /x3ex3cbr /x3ex26quot;In layman terms, they can economically boycott governments but they can’t boycott an individual from his access to food, health and education.x3cbr /x3ex3cbr /x3eThey know how much money do you have inside your bank account but they are ignorant of your savings at home or the pennies your kids have collected inside their money box.x26quot;x3cbr /x3ex3cbr /x3eThank you for this wonderful article.', 'timestamp': '1529397228621', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529397228621#c7922433754668858570', 'author': 'name': 'Muhammad Adil Akbar', 'avatarUrl': '//lh6.googleusercontent.com/-wOotqzsjQfA/AAAAAAAAAAI/AAAAAAAAAKM/WJ4G3hmi6hY/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/15339193200877987144', 'displayTime': 'Jun 19, 2018, 1:33:00 PM', 'deleteclass': 'item-control blog-admin pid-868163075', 'id': '3724757773712159601', 'parentId': '7913790788544569389', 'body': 'yes it is unlike a blogger tutorial. x3cbr /x3ex3cbr /x3eThe funny part. Bitcoin creator Nick Szabo blogs on Google blogger too! ;)', 'timestamp': '1529513985264', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529513985264#c3724757773712159601', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 20, 2018, 9:59:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '1699674778317844922', 'parentId': '2418719503680969532', 'body': 'I am thankful. Thank you. Chapter#2 is much more detailed and have over 29 chapters and 47+ reasons to prove bitcoin as scam and fraud. x3cbr /x3ex3cbr /x3eHope you will like it too. ', 'timestamp': '1529514054865', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529514054865#c1699674778317844922', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 20, 2018, 10:00:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '6035738700030366213', 'parentId': '5298663182002081300', 'body': 'Funny no response even after a week? :)x3cbr /x3ex3cbr /x3eIt is easy to raise baseless allegations but difficult to digest truth. ', 'timestamp': '1529514154069', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529514154069#c6035738700030366213', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 20, 2018, 10:02:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '4802119365847664154', 'parentId': '3986873669866085013', 'body': 'I am so glad Saima, this research was helpful to explain the Bitcoin saga in plain simple terms to you. I am sure you will enjoy Chapter#2 even more which will take you on a journey of 47+ reasons with over 29 Chapters to technically prove bitcoin as the greatest scam and fraud in history.x3cbr /x3ex3cbr /x3ex3cbr /x3eAbout AdSense, as long as you have x3cbx3edisabledx3c/bx3e the adult category and gambling/casino categories using your Google AdSense account, you are good to go. x3cbr /x3ex3cbr /x3eAnd then it would be halal to make a living from displaying ads.x3cbr /x3ex3cbr /x3eSince we canx26#39;t control every ad on our page, you are thus not accountable a lot as long as you have played your part by disabling adult category ads. x3cbr /x3ex3cbr /x3eWomen pictures are fine as long as they are not explicit. ', 'timestamp': '1529514480948', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529514480948#c4802119365847664154', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 20, 2018, 10:08:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '6772216270141310143', 'parentId': '7922433754668858570', 'body': 'Thank you Adil for taking out time and thoroughly reading the first chapter. Indeed the billion dollar investment on crypto-startups is not done to help us buy x3cbx3ex26quot;popcornx26quot;x3c/bx3e online but itx26#39;s aimed at snatching the our two important assets i.e. liberty and privacy.x3cbr /x3ex3cbr /x3eI am hopeful you will enjoy Chapter#2 even more. Thank you for your kind comment. It means a lot. :) ', 'timestamp': '1529514985642', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529514985642#c6772216270141310143', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jun 20, 2018, 10:16:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '8565620188097374450', 'body': 'gr8 research mustafa bhai mashallah good work x3cbr /x3ereally appreciate the effort u have putx3cbr /x3ewell a must read for everyone i must say.x3cbr /x3ejazakallah again ', 'timestamp': '1529516315924', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1529516315924#c8565620188097374450', 'author': 'name': 'musaab zak', 'avatarUrl': '//lh6.googleusercontent.com/-R_PitDhNauI/AAAAAAAAAAI/AAAAAAAADMc/tl1qwbP7Urs/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/08817370365711705273', 'displayTime': 'Jun 20, 2018, 10:38:00 PM', 'deleteclass': 'item-control blog-admin pid-943641995', 'id': '5719278933618534673', 'parentId': '8565620188097374450', 'body': 'Thank you dear Musab for the kind feedback. I am so glad you liked it. Chapter#2 Is even more interesting. Stay tuned ', 'timestamp': '1530492147426', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1530492147426#c5719278933618534673', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Jul 2, 2018, 5:42:00 AM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '5205740546889088573', 'body': 'Hi brother,x3cbr /x3ex3cbr /x3eI read your article on the same day but just now I had time to replay. I pretty much agree with what you said. I would like to suggest the book The History of Money by Jack Weatherford. In short, we can’t walk around with pockets full of old, and paper money came to put an end to it. It’s not a great idea to walk full of paper money either, so we created check, debit card, etc. As soon as I understood the history of money, I started thinking about the future of money. The world is richer than never before, we are finally ready for the next step, which is to abolish paper money.x3cbr /x3ex3cbr /x3eContrary to what you may think, I’m not a Christian. I’m a theologian and study all sorts of religion. My blog is about Christian theology because that’s the main topic when comes to religion here in Brazil. x3cbr /x3ex3cbr /x3eIn daily life, I like to use the Bible as a wise literature. There is a bible text where Jesus said: “Lay not up for yourselves treasures upon the earth, where moth and rust consume, and where thieves break through and steal. but lay up for yourselves treasures in heaven, where neither moth nor rust doth consume, and where thieves do not break through nor steal.” (Matthew 6:19-20)x3cbr /x3ex3cbr /x3eI bring this text up just as a metaphor. Perishable money will always be a bad idea. People can rob, falsify, embezzle, wash, etc. We can do away with this problem if we store up some kind of unperishable money (like the treasures in heaven), like digital money we are discussing. x3cbr /x3ex3cbr /x3eBrazil is passing through a very hard time and this is one of the reasons I’m moving from here. Corruption everywhere. We can’t track physical money, so corrupt politicians here take money in cash and hide. One of them bought and entire apartment just to store up his dirty money. x3cbr /x3ex3cbr /x3eIf you’ve got a kind of money that can be tracked down, this can walk side by side to global enrichment. Imagine if all the knowledge today were still in paper… as things go bigger, we need to create intangible ways to accommodate it.x3cbr /x3ex3cbr /x3eThe problem with Bitcoin and others, I would say, is much more related to the morality behind it than the idea of it per si.x3cbr /x3eThe Civil Law in Brazil is incredibly beautiful, amazing, but why we don’t see it working? Because people in power is corrupt. People are crazy about money, sick for it, seek desperately for it… it is a greed beyond imagination.x3cbr /x3ex3cbr /x3eOne of those days I saw very rich people eating chicken with powdery GOLD, can you believe that?x3cbr /x3ex3cbr /x3eSo, for me, it doesn’t matter the idea, the plans, the law… even if God himself came down from heaven and gave us a perfect monetary law, we wouldn’t live safely because of people’s corruption.x3cbr /x3ex3cbr /x3eAll the wealthy in the world if centered with a group of 1% of the population. Who has nothing wants something, who has something wants something else and the only ones who have this something else, want it all. We start from nothing to everything and this desire never ends. It is like salty water, the more you drink thirstier you get.x3cbr /x3ex3cbr /x3eIt’s a sickness. There is another bible text which says: “For the love of money is a root of all kinds of evil.” (1 Tim. 6:10)x3cbr /x3eI pretty much agree with that. The problem is not money, physical or intangible money. The problem is the love for it. x3cbr /x3eSo, when you see banks, entrepreneurs, governments creating such a thing as Bitcoin, I never imagine there is a loving purpose behind. The idea will always be in favor of the richer ones. x3cbr /x3ex3cbr /x3eWhat can we do? Well, I keep thinking about what would happen if the 99% of the non-rich gather together against them. So in this case, religion steps in. If you take into account the percentage of people believing in a higher power, you’ll get around 98%. All main religions have the same idea about greed and stuff like that. x3cbr /x3ex3cbr /x3eWe need to wake up, help other to do the same and go against this 1%. On the bright side, we are the majority and the majority always wins. In this case we’re losing because we are so busy running after their money that we postpone it or don’t even care.x3cbr /x3ex3cbr /x3ex3cbr /x3eAnyways, great article!', 'timestamp': '1530847060952', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1530847060952#c5205740546889088573', 'author': 'name': 'Biblioteca Bíblica', 'avatarUrl': '//lh5.googleusercontent.com/-jPFDPvklGRg/AAAAAAAAAAI/AAAAAAAAJTk/rVuWgi0K1lQ/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/18088498766025476954', 'displayTime': 'Jul 6, 2018, 8:17:00 AM', 'deleteclass': 'item-control blog-admin pid-484223541', 'id': '2616511958938873901', 'body': 'Usually, I never comment on blogs but your article is so convincing that I never stop myself to say something about it. You’re doing a great job Man. Best article I have ever readx3cbr /x3ex3cbr /x3eKeep it up! ', 'timestamp': '1532549037973', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1532549037973#c2616511958938873901', 'author': 'name': 'jagbir singh', 'avatarUrl': '//lh3.googleusercontent.com/zFdxGE77vvD2w5xHy6jkVuElKv-U9_9qLkRYK8OnbDeJPtjSZ82UPq5w6hJ-SAx3ds35', 'profileUrl': 'https://www.blogger.com/profile/13465023516393044539', 'displayTime': 'Jul 26, 2018, 1:03:00 AM', 'deleteclass': 'item-control blog-admin pid-863432461', 'id': '5808636860794699419', 'body': 'Most helpfull article thanks for sharing', 'timestamp': '1533043171867', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533043171867#c5808636860794699419', 'author': 'name': 'Any Buddy Help', 'avatarUrl': '//lh5.googleusercontent.com/-JCL2Oh-s7uc/AAAAAAAAAAI/AAAAAAAAAAg/adZKjEge_eM/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/10162082553525315243', 'displayTime': 'Jul 31, 2018, 6:19:00 PM', 'deleteclass': 'item-control blog-admin pid-1729642095', 'id': '6909862882515824045', 'parentId': '5205740546889088573', 'body': 'Hi Eduardo, x3cbr /x3ex3cbr /x3eI read your comment on my blog and trust me this is the exact thinking I have. A digital currency can only benefit the society if the system is brought up and controlled by the honest of the society but since the 1% of the corrupt will always lead and win, no monetary system will ever help us go corruption free because of the greed of the human mind.', 'timestamp': '1533228861054', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533228861054#c6909862882515824045', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Aug 2, 2018, 9:54:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '5170488052575859888', 'parentId': '5205740546889088573', 'body': 'Eduardo email reply 1/2x3cbr /x3ex3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3cbr /x3ex26quot;Thanks man, that’s exactly what I wanted to say. I wanted to give a full answer with quotes but time is always short.x3cbr /x3ex3cbr /x3eBut that’s the point: Good people using a flaw system is always better than bad people using a perfect one.x3cbr /x3ex3cbr /x3eYou have likely heard of Freud. He treated the symptoms but never managed to treat the cause. So the problem kept coming back. We have to eliminate the source of evil. Cutting the branches of a corrupt tree will never cease the problem. You have to pluck up by the roots so that it won’t grow again… ever!x3cbr /x3ex3cbr /x3eSee, most people usually say that don’t care about what you believe, they can about what you do, but they don’t realize that what we do is always based on what we believe. Thoughts precede actions. It’s a mere reflection of it.x3cbr /x3ex3cbr /x3eChristians believe the Bible is the perfect Word of God but there has never been a perfect Christian country where everything went fine.x3cbr /x3ex3cbr /x3eMuslins believe the Koran is the perfect Law of God, but as far as I know there has never been a perfect Muslim country where everything went perfectly.x3cbr /x3ex3cbr /x3eThen we have Switzerland considered to be a godless country. No perfect law of God in there and yet it has always been a model of equality, peace, quality of life and freedom.x3cbr /x3ex3cbr /x3eThere is an amazing book called The Path to Switzerland which shows what other countries can do to get “switzerlanded”.x3cbr /x3ex3cbr /x3eYou know, I ain’t preaching a godless country… not at all! What I mean is that, even if God himself manifested a perfect monetary law, this is NOT a guarantee of anything because of human nature.x3cbr /x3ex3cbr /x3eNow since we moved on from the main problem, which is the human greed and corrupt heart, let’s now be realistic:x3cbr /x3ex3cbr /x3eThe world is divided between rich and non-rich. I won’t be a dreamer like Karl Marx and believe that one day non-rich will overrule the rich ones. I won’t vounch for it but the probability is very low or non-existent.x3cbr /x3ex3cbr /x3eWe are all stuck in the wheel. To use a Buddhist terminology, this is our “karma”. We need their money they need our labor. One form to break the chain is the entrepreneurship made possible in the digital age. Once again, digital age.x3cbr /x3ex3cbr /x3eI am my own boss. You are your own boss and there is space for everyone in between. Now that you took control of your income, you can have a voice and decide freely which way to go. Thanks to digital age!x3cbr /x3ex3cbr /x3eI personally scream to the top of my lugs to everyone I know: “embrace and live your entrepreneurship or die being a slave”. But let’s be honest brother, 90% of people are NOT that smart, sad to say.x3cbr /x3ex3cbr /x3eI can only speak for my country but by what I have seen so far, people are so worried about the wheel of need that they just don’t care. Plain and simple.x3cbr /x3e', 'timestamp': '1533229069065', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533229069065#c5170488052575859888', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Aug 2, 2018, 9:57:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '1942924407573160639', 'parentId': '5205740546889088573', 'body': 'x3cbx3eEduardo email reply 2/2x3c/bx3ex3cbr /x3ex3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3dx3cbr /x3ex3cix3ex3cbr /x3ex26quot;x3cbr /x3eTrue example: A car manufactured in my country is sent to a far away country (exportation) and getting there, it is almost 3 times cheaper than if I wanted to buy it here, in my own country. Why does it happen? Lots of reasons, but one of them is that because people just don’t care, they don’t wanna know why is so expensive they wanna know if they can pay the installments.x3cbr /x3ex3cbr /x3eSo even if you prove 2+2x3d 4 that digital currency is a scam (I don’t doubt at all) I’m sure you are smart enough to know where this will all end. Banks have always been the worst scam in the world, before you and me and also our ancestors had any idea of existence. Banks have always ripped people off in their faces and here we are.x3cbr /x3ex3cbr /x3eAs I said, we are heading to a digital world with digital reality and so forth. Smarter we became, paper was no longer enough to record human knowledge and now we have all stored up in digital format. The richer the world becomes (a poor person in Europe today would be considered rich in the Roman Empire, for example), the more scarce material stuff (gold, plate, money) will get.x3cbr /x3ex3cbr /x3eIf we’d share all the gold in the world, everyone would have a small lump. So we started using paper and the next step will be digital, there’s no wayout.x3cbr /x3ex3cbr /x3eIn the Netflix serie Altered Carbon, in a very far away human society, a regular person has billions in the “bank”. Now imagine everyone of them with all the money in paper format. You’d have to cut all trees in the world to make that possible. So, in the serie, the money is digital, like credit card because it is impossible to accommodate all this money physically.x3cbr /x3ex3cbr /x3eI feel deeply sorry because I know that people behind it is evil and greedy. Shakespeare said in Romeo and Juliet: Act 2, Scene 6: “These violent delights have violent ends. And in their triumph die, like fire and powder”. x3cbr /x3ex3cbr /x3eI don’t believe the real mentors in this scam are going to get rid of gold. I can’t imagine two billionaires arguing: “look at this fake digital numbers I’m richer than you!” EUA and Chine are fighting for the last gold resources in the world. Maybe digital currency will be supported by gold, who knows…x3cbr /x3ex3cbr /x3eEvil will never win because evil is self-destructive. I believe God is in control, brother. We must do the possible and let the impossible be done by Him.x26quot;x3c/ix3e', 'timestamp': '1533229141133', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533229141133#c1942924407573160639', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Aug 2, 2018, 9:59:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '8895958161045573271', 'parentId': '5205740546889088573', 'body': 'Eduardo, you have shared some extremely useful insights to this entire research that will surely help all those reading you. I agree to almost every point that you mentioned and I loved the way you quoted example of Switzerland and especially the Shakespeare example of fire and powder. x3cbr /x3ex3cbr /x3eI would agree to this line and draw all focus to it when you said:x3cbr /x3ex3cbr /x3ex26quot;If we’d share all the gold in the world, everyone would have a small lump. So we started using paper and the next step will be digital, there’s no wayout.x26quot;x3cbr /x3ex3cbr /x3eI would like to elaborate it further. How do you weigh something? Of course you weigh it against a standard so that there remains no doubt of corruption or injustice. When you buy 1 kg of rice, you weigh the rice against a metallic weight of 1 kg used as standard by the retailer. Same is the case with a monetary system backed by audited gold reserves. In a gold standard, civilians, do not carry gold coins in pockets because that would be impracticable. We live in 21st century and human civilization evolves over time. Which is just perfect. Everything must change but not the standard of monetary system that has survived over five thousand years as the perfect store of value and by that I mean precious metals such as Gold and Silver. x3cbr /x3ex3cbr /x3eBe that paper or digital currency, this system will always be misused by the ruling elite, if we have no weighing system present that could ensure that the money in circulation is not manipulated or counterfeited as its easy done with both paper and digital currencies since they are backed by nothing but trust in thin air.x3cbr /x3ex3cbr /x3eEvil does only survive when good people, stay quite to injustice. The reason why I have raised a voice against unregulated and fiat digital currencies like Bitcoin is because as a computer programmer I know how easy it is to manipulate the system and sell worthless bits as digital gold to non-techy investors. x3cbr /x3ex3cbr /x3eIt is so easy to manipulate that I mentioned in Chapter#2 (x3ca hrefx3dx22https://www.mybloggertricks.com/2018/07/bitcoin-is-scam-and-fraud.htmlx22 relx3dx22nofollowx22x3eBitcoin Is Scam and Fraudx3c/ax3e) that by just using trading bots the price of BTC was artificially increased from x3cbx3e$150 to $1,000 in 2013!x3c/bx3e x3cbr /x3ex3cbr /x3eIn 2017, even worse happened, using cross-trading of bitcoins using a third cryptocurrency called Tether, BTC prices were artificially increased from x3cbx3e$6,000 to $20,000!x3c/bx3e Can there be any greater scam than this? x3cbr /x3ex3cbr /x3eI am extremely practical man and I believe in power of knowledge. As a common men, we can do nothing but educate the layman about the pros and cons of any monetary scam that is beyond their understanding. I am the biggest advocate of blockchain technology as you might have noticed in the research above but I strongly oppose the black mafia or group of x3ca hrefx3dx22https://www.mybloggertricks.com/2018/07/bitcoin-is-key-to-door-of-hell.htmlx22 relx3dx22nofollowx22x3eextremely greedy people behind Bitcoinx3c/ax3e who are using this productive technology to make their wildest dreams come true instead of using it for the welfare of the society.x3cbr /x3ex3cbr /x3eIn the end you summarized it quite well that Evil is Self-destructive and it will always be the ultimate looser. All that we can do is to support a technology as long as it benefits the common man and oppose it when its strings are attached to the mask bearer (rich ruling elite i.e. x3ca hrefx3dx22https://www.mybloggertricks.com/2018/06/banks-funded-bitcoin.htmlx22 relx3dx22nofollowx22x3eThe Bankersx3c/ax3e). ', 'timestamp': '1533229346983', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533229346983#c8895958161045573271', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Aug 2, 2018, 10:02:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '6980207502890779573', 'parentId': '2616511958938873901', 'body': 'Thank you Jagbir. Feedback from serious people like you is all that matters in the end of the day. I am humbled.', 'timestamp': '1533229966879', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533229966879#c6980207502890779573', 'author': 'name': 'M. Mustafa Ahmedzai', 'avatarUrl': '//lh4.googleusercontent.com/-f8qSqNLtpBU/AAAAAAAAAAI/AAAAAAAAQeo/f7nmpa1_dQ0/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/11681339458447132019', 'displayTime': 'Aug 2, 2018, 10:12:00 PM', 'deleteclass': 'item-control blog-admin pid-1736397285', 'id': '6789467020594409314', 'parentId': '5205740546889088573', 'body': 'You said: “Be that paper or digital currency, this system will always be misused by the ruling elite, if we have no weighing system present that could ensure that the money in circulation is not manipulated or counterfeited as its easy done with both paper and digital currencies since they are backed by nothing but trust in thin air.”x3cbr /x3ex3cbr /x3eI said: “I don’t believe the real mentors in this scam are going to get rid of gold. I can’t imagine two billionaires arguing: “look at this fake digital numbers I’m richer than you!” EUA and China are fighting for the last gold resources in the world. Maybe digital currency will be supported by gold, who knows…”x3cbr /x3ex3cbr /x3eAs I said, whatever monetary system used here further I guess it must be based on something of true value. Can you imagine true rich people getting rid of gold in exchange of digital numbers? I can’t. So, I’m leaning to what China is doing. (x3ca hrefx3dx22https://www.scmp.com/news/china/economy/article/2136551/china-open-idea-digital-currency-long-its-efficient-and-safex22 relx3dx22nofollowx22x3eChina and Digital Currencyx3c/ax3e) They are buying sources of gold around the globe and once they get the “real thing” they now can back up the “intangible thing” which is digital currency. I’ve got some friends living in China and they almost don’t use paper money anymore… everything is made through apps. Your cellphone reads the code and pay directly through your bank account. China government says “stay away from digital currency” but they are using digital currency as I said, chinese people almost don’t touch paper money. China doesn’t trust other’s digital currency but use their own because they trust their own people and their rulers.x3cbr /x3ex3cbr /x3eI personally almost donx26#39;t use paper money. I do everything through internet banking and debit card. As you know I live in Brazil and it is very close to Venezuela. They’re fleeing to Brazil because of what the country is going through right now.x3cbr /x3ex3cbr /x3ePresident Maduro created Petro, a digital currency based on diamond, petrol and gold. (x3ca hrefx3dx22https://www.aljazeera.com/news/2018/02/venezuela-petro-cryptocurrency-180219065112440.htmlx22 relx3dx22nofollowx22x3eVenezuela and Digital Currencyx3c/ax3e) They are rich in commodities even though they are considered a poor country. This is the only way to get rid of the situation. USA and EU (subservient to EUA) is forbidding everyone to accept it, calling it a scam, because they want the world be ruled by dollar.x3cbr /x3ex3cbr /x3ePaper has no real value at all. The same paper that is used to print US$ 100, 00 is used to print US$ 1,00. Paper money was created by trust. Gold is not based on trust because it has intrinsic value. So as long as digital currency is created based on intrinsic valuable stuff, like gold, for instance, and used by wholeheartedly devout and honest people whom we can truly trust, I see no problem and I guess it is inevitable.x3cbr /x3ex3cbr /x3eLet’s say you created a digital currency based on your source of gold. Since I trust you and trust gold, how could it go badly?x3cbr /x3ex3cbr /x3eOne day, gold sources will be over, but our richness will keep growing. What are we going to do? So movies, like In Time (2011), portray a society where digital currency is based on your life-time, your life-span, which is the most valuable thing you have… your life.x3cbr /x3ex3cbr /x3eJesus said: “what will it benefit a person if he gains the whole world but forfeits his life?” (Mark 8:36)x3cbr /x3ex3cbr /x3eIt doesn’t matter how much money and gold and petrol and stuff you have. If you lose your life you cannot use these things. So, your TIME one earth is the most valuable thing you have. So, in the movie, it is impossible to falsify this money because you can’t falsify the nature of your life-span, life time.x3cbr /x3ex3cbr /x3eYou’re making an incredible job, Mohammed. I hope more people can read your research and be on guard. To sum it up, I would trust digital currency (everybody does when we use credit card and internet banking) as long as is based on something of true value and created by people of a true heart.', 'timestamp': '1533234307391', 'permalink': 'https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html?showCommentx3d1533234307391#c6789467020594409314', 'author': 'name': 'Biblioteca Bíblica', 'avatarUrl': '//lh5.googleusercontent.com/-jPFDPvklGRg/AAAAAAAAAAI/AAAAAAAAJTk/rVuWgi0K1lQ/s35-c/photo.jpg', 'profileUrl': 'https://www.blogger.com/profile/18088498766025476954', 'displayTime': 'Aug 2, 2018, 11:25:00 PM', 'deleteclass': 'item-control blog-admin pid-484223541'];
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salman qureshiJun 13, 2018, 3:30:00 PM

M Shocked after reading your article...

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Mansoor AhmadJun 14, 2018, 12:38:00 AM

I just read the chapter one you created and to be honest it was all full of information that I already knew and was kind of boring alot.

Most of your research contains allegations without any proof. Like the one in start "The primary aim of Bitcoin creators is to use Artificial Intelligence (AI) and Data mining" Because there is no proof of you saying this, no bitcoin company has yet started working on AI & Data Mining, Neither available in their career opening nor publicly announced. That would be another story if you have worked over there and you know the secret sauce.

I will still wait for your chapter#2 but what you mentioned everything here is weird.

The economy is moving to cashless. I know, that's why so many mobile wallets etc are opening even here in Pakistan. Can you do something about it? Can you stop it? Why its good & bad to have a cashless economy.

Look brother, it's nature. Anything you see on this world has two sides. Bad & Good. Take an example of your mouth, you can either eat and talk to people or you can use foul language with people.

Cashless economy is bad on one side and good on the other side. Bad is that you don't have real money, everything is in computer bits and you can be dumped anytime they want but at same time it stops money laundering, illegal use of money, makes everything in track etc. At same time it gives you features, hassle-free transactions.

We both know, banking is the biggest SCAM of history but you and me still keep money in the banks KNOWING that it is scam. Because, Because, Because there is no other way or solution to send money to a guy 1000km away from you. There is no way to purchase something thats in another country. There is no way to keep your money safe in your home.

IF you have a solution, tell me I will be the first to say NO to these scams. Infact, you are also a hardcore user than me.

Let's accept, FIAT currency was scam, Bitcoin is scam and so on. But if FIAT is scam and you rely on it, people will also rely on "SCAM BITCOIN". Thats how everything works.

I would accept such allegations etc from a person who dont use mobile wallet, who dont use banking, who dont use any of these scams what so ever.

Warren Buffet considers bitcoin as scam but he doesnt consider FIAT as scam? Why, infact he got billions of it.

I am not a die hard fan of crypto, as I am not even working in it but I work on blockchain.

NSA can track your email etc anything they want, but they cant track your SHA-256 bit encrypted email's you can do.

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Yumna AsimJun 14, 2018, 1:33:00 PM

MashaAllah. Good work. I am an undergraduate student, interested in reading all your research. Started reading this blog yesterday, found some difficult vocabularies, which I have to them google separately. Do add a separate vocabulary section, if possible. I hope you will take this positive.

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Sarwan JawaidJun 14, 2018, 2:42:00 PM

میں ایک کروڑ سیلوٹ بھی ماروں محمّد مصطفیٰ احمد زئی کو تو کم ہے ، مجھے یقین نہیں تھا کہ دنیا میں کوئی شخص ایسا بھی ہوگا جو اس بٹ کوئین کی دھججیا اڑا دیگا ، اس فراڈ نظام کو چیلنج کرے گا ، مجھے اتنا آئیڈیا نہیں تھا( بٹ کوئین) اسکے بارے میں مگر پورا آرٹیکل پڑھ کر دماغ کے چودہ طبق روشن ہوگئے ہیں. اپنی کتاب کو انگریزی کے علاوہ اردو زبان میں بھی چھپوانا اور اس میں اسلامک بلینڈ بھی شامل کرنا .

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saima nadeemJun 16, 2018, 12:17:00 AM

U really unveil the Bitcoin scam which surely is enculcating in our society.

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Saima MasoodJun 17, 2018, 2:57:00 AM

Hello bro mustafa,

Great work! I don't know much about how cryptocurrency works or anything about Bitcoin for that matter, all I knew that it was a digital currency, still I always suspected it wasn't a legti and also some muftis gave a fatwa against it, so this article really proved to be an eye opener for me
Since I am a bloggger myself, recently I have been thinking alot of AdSense is permissible in Islam or not and if showing women pictures in your blog post are also against Islam, let me know what's your take on that.

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Muhammad Adil AkbarJun 19, 2018, 1:33:00 PM

The secrecy around the founder of the bitcoin had made my mind repeatedly think that something is not right. Then the act of people measuring worth of a bitcoin in terms of paper currency dollar also made me think that something is not right.

But from these paragraphs I've now clearly understood what is wrong:

"In layman terms, they can economically boycott governments but they can’t boycott an individual from his access to food, health and education.

They know how much money do you have inside your bank account but they are ignorant of your savings at home or the pennies your kids have collected inside their money box."

Thank you for this wonderful article.

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musaab zakJun 20, 2018, 10:38:00 PM

gr8 research mustafa bhai mashallah good work
really appreciate the effort u have put
well a must read for everyone i must say.
jazakallah again

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Biblioteca BíblicaJul 6, 2018, 8:17:00 AM

Hi brother,

I read your article on the same day but just now I had time to replay. I pretty much agree with what you said. I would like to suggest the book The History of Money by Jack Weatherford. In short, we can’t walk around with pockets full of old, and paper money came to put an end to it. It’s not a great idea to walk full of paper money either, so we created check, debit card, etc. As soon as I understood the history of money, I started thinking about the future of money. The world is richer than never before, we are finally ready for the next step, which is to abolish paper money.

Contrary to what you may think, I’m not a Christian. I’m a theologian and study all sorts of religion. My blog is about Christian theology because that’s the main topic when comes to religion here in Brazil.

In daily life, I like to use the Bible as a wise literature. There is a bible text where Jesus said: “Lay not up for yourselves treasures upon the earth, where moth and rust consume, and where thieves break through and steal. but lay up for yourselves treasures in heaven, where neither moth nor rust doth consume, and where thieves do not break through nor steal.” (Matthew 6:19-20)

I bring this text up just as a metaphor. Perishable money will always be a bad idea. People can rob, falsify, embezzle, wash, etc. We can do away with this problem if we store up some kind of unperishable money (like the treasures in heaven), like digital money we are discussing.

Brazil is passing through a very hard time and this is one of the reasons I’m moving from here. Corruption everywhere. We can’t track physical money, so corrupt politicians here take money in cash and hide. One of them bought and entire apartment just to store up his dirty money.

If you’ve got a kind of money that can be tracked down, this can walk side by side to global enrichment. Imagine if all the knowledge today were still in paper… as things go bigger, we need to create intangible ways to accommodate it.

The problem with Bitcoin and others, I would say, is much more related to the morality behind it than the idea of it per si.
The Civil Law in Brazil is incredibly beautiful, amazing, but why we don’t see it working? Because people in power is corrupt. People are crazy about money, sick for it, seek desperately for it… it is a greed beyond imagination.

One of those days I saw very rich people eating chicken with powdery GOLD, can you believe that?

So, for me, it doesn’t matter the idea, the plans, the law… even if God himself came down from heaven and gave us a perfect monetary law, we wouldn’t live safely because of people’s corruption.

All the wealthy in the world if centered with a group of 1% of the population. Who has nothing wants something, who has something wants something else and the only ones who have this something else, want it all. We start from nothing to everything and this desire never ends. It is like salty water, the more you drink thirstier you get.

It’s a sickness. There is another bible text which says: “For the love of money is a root of all kinds of evil.” (1 Tim. 6:10)
I pretty much agree with that. The problem is not money, physical or intangible money. The problem is the love for it.
So, when you see banks, entrepreneurs, governments creating such a thing as Bitcoin, I never imagine there is a loving purpose behind. The idea will always be in favor of the richer ones.

What can we do? Well, I keep thinking about what would happen if the 99% of the non-rich gather together against them. So in this case, religion steps in. If you take into account the percentage of people believing in a higher power, you’ll get around 98%. All main religions have the same idea about greed and stuff like that.

We need to wake up, help other to do the same and go against this 1%. On the bright side, we are the majority and the majority always wins. In this case we’re losing because we are so busy running after their money that we postpone it or don’t even care.

Anyways, great article!

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jagbir singhJul 26, 2018, 1:03:00 AM

Usually, I never comment on blogs but your article is so convincing that I never stop myself to say something about it. You’re doing a great job Man. Best article I have ever read

Keep it up!

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