We should make our own digital pyramid scheme cryptocurrency! Make sure we, the ``/prog/riders'', get the easy money. We shall fleece the ``degenerate'' Redditors and /g/eeks by setting up ``physical exchanges'' and obtain ``legal tender'' from those with more dollars than sense. ``Through the magic of Lisp'' our mining program will be deemed ``correct'' and ``bug-free'' though it in fact contains many deliberately placed ``undocumented features'' designed to make the difficulty easier for those ``in the know''.
Name:
Anonymous2014-01-04 19:45
Guys, guys, so here's the plan.
We should use that known-to-be backdoored by the NSA ECC thing as the cryptographic basis for coin mining!
Then, as our coins grow in value, the NSA will be sorely tempted to start generating them using their backdoor! But once they start doing that, of course they wouldn't want the currency just die because that's like killing the goose that lays the golden eggs!
On the contrary, the NSA would use all its significant resources including its best minds to stabilize the currency, prevent establishment of fraudulent exchanges, fix bugs in the client, find and punish hackers who steal NSAcoin from the users (because that damages the reputation of the currency), push for its recognition by the government, and so on! Yeah, by the way it will be called NSAcoin, obviously.