Thursday, January 28, 2021

The government has been the biggest sponsor of the Tor network , and Bitcoin is next.

I guess everybody here knows about the Tor network, the foundation of the deep web. it's the technology used by criminals to facilitate many of their activities. Knowing this, you'd be surprised to know that the US government has actually been its biggest sponsor prior to 2014.

I don't know the specific reasons why, but it's quite simple, the government saw the Tor Network as a useful tool and decided they would maintain It, even if It was used to facilitate crime. This for me is the biggest evidence to sustain that eventually the government will be the main supporter of the Bitcoin network. As they will see it as a useful tool to increase their power, not decrease it, and for the obvious reasons that it can't be stopped.

This is also why I don't worry about Bitcoin mining becoming unprofitable, if it happens, the modern world will be too dependent on the network and the government will willingly mine Bitcoin at a loss just to keep Bitcoin running, as the event of another country taking control of the network would prove disastrous.


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