I know Bitcoin is a touchy subject here, but when you see how hard Jack Dorsey is pushing it, and the fact that for Bitcoin to ever scale as "people's currency" they will need private layer on top, you will realise that Bitcoin is pretty much in the Cabal sights.
I give up on people here who are married to the idea that bitcoin will liberate them. Its like saving the sheep and letting them wander off right into the wolf den.
People need to learn to think without emotions. Yes, the idea of Bitcoin was amazing, at one point, but we have gone way beyond that and people need to keep up with times.
The only way they can add a "private layer" is to create a whole new smart contract, which won't be able to replace Bitcoin. And everyone else in crypto wouldn't bother with the new smart contract.
Sure it's slow, but we already have cryptos that can move around the network faster such as Litecoin and Bitcoin Cash
I know Bitcoin is a touchy subject here, but when you see how hard Jack Dorsey is pushing it, and the fact that for Bitcoin to ever scale as "people's currency" they will need private layer on top, you will realise that Bitcoin is pretty much in the Cabal sights.
This private layer would be like the Fiat currency on top of Gold. Alex Gladstein lets the cat out of the bag in this 10 min clip near the end
So, if Cabal is all over it, is it possible its manipulated beyond paper markets?
Its PoW - so the big miners have more power. Is it impossible to believe more tha 50% of the miners are CIA/CCP miners?
Is it possible Cabal has quantum computers that can break Bitcoin crypto-algorithms?
There are tons of original unusued chunks. Not worried about Cabal having control of that kind of stuff?
I give up on people here who are married to the idea that bitcoin will liberate them. Its like saving the sheep and letting them wander off right into the wolf den.
People need to learn to think without emotions. Yes, the idea of Bitcoin was amazing, at one point, but we have gone way beyond that and people need to keep up with times.
The only way they can add a "private layer" is to create a whole new smart contract, which won't be able to replace Bitcoin. And everyone else in crypto wouldn't bother with the new smart contract.
Sure it's slow, but we already have cryptos that can move around the network faster such as Litecoin and Bitcoin Cash