Lol. So in other words it backed by nothing and you dont really even ow what it is....
Bitcoin is the world's most secure computer network? Really?
I guess bitcoin being a secure network means its unhackable there for if lost its nonretreivable. It cant be lost in an exchange hack. If exchange wallets become corrupted and lost that bitcoin is still safe?
You know... since its the world's most secure computer network.... perhaps the military could start using that network since it's so secure...
you continue to demonstrate your lack of understanding. bitcoin lost in an exchange hack is not hacked bitcoin. the network has not been compromised your personal security has.
storing bitcoin on an exchange is one of the most unsafe things you can do. When you deposit to a centralized exchange, you no longer hold the private keys to your bitcoin. it is essentially not yours.
The fastest super computer that currently exists has a maximum processing speed equivalent to 122.3 petaflops. The bitcoin network has processing power equated to almost 80.7 MILLION petaflops.
The bitcoin network has more hashing power than multiples of the world's fastest supercomputers combined.
I see. Storing bitcoin in a paper wallet is safe. Lol! Because bitcoin is the world most secure network according to you and everybody will want it so they will sell themselves into slavery to the 5% who have it all because that ledger entry is worth so much....
Yet you cannot argue a single point. All you can do is regurgitate the same stupidity you heard somewhere else...."It's really Secure", "It's deeeecentralized...derrrr"
It's backed by nothing, it's a ledger entry, it can be hacked if you choose to store it anywhere other than your personal piece of paper, (and don't lose that...) it's already mined out over 90% which is owned by less than 5% of the population not to mention a good portion of that 5% got it doing some of the worst shit imaginable. Yet you want to make this the currency of the future thereby handing everyone's freedoms to that less than 5%....
Lol. So in other words it backed by nothing and you dont really even ow what it is....
Bitcoin is the world's most secure computer network? Really?
I guess bitcoin being a secure network means its unhackable there for if lost its nonretreivable. It cant be lost in an exchange hack. If exchange wallets become corrupted and lost that bitcoin is still safe?
You know... since its the world's most secure computer network.... perhaps the military could start using that network since it's so secure...
you continue to demonstrate your lack of understanding. bitcoin lost in an exchange hack is not hacked bitcoin. the network has not been compromised your personal security has.
storing bitcoin on an exchange is one of the most unsafe things you can do. When you deposit to a centralized exchange, you no longer hold the private keys to your bitcoin. it is essentially not yours.
The fastest super computer that currently exists has a maximum processing speed equivalent to 122.3 petaflops. The bitcoin network has processing power equated to almost 80.7 MILLION petaflops.
The bitcoin network has more hashing power than multiples of the world's fastest supercomputers combined.
I see. Storing bitcoin in a paper wallet is safe. Lol! Because bitcoin is the world most secure network according to you and everybody will want it so they will sell themselves into slavery to the 5% who have it all because that ledger entry is worth so much....
You sound like a complete moron. Bitcoin has freed me from slavery.
Yet you cannot argue a single point. All you can do is regurgitate the same stupidity you heard somewhere else...."It's really Secure", "It's deeeecentralized...derrrr"
It's backed by nothing, it's a ledger entry, it can be hacked if you choose to store it anywhere other than your personal piece of paper, (and don't lose that...) it's already mined out over 90% which is owned by less than 5% of the population not to mention a good portion of that 5% got it doing some of the worst shit imaginable. Yet you want to make this the currency of the future thereby handing everyone's freedoms to that less than 5%....
Right? Who is the moron here?