So it would seem Central Bank assaulted the crypto industry - The Great Awakening - Where We Go Qne, We Go All!

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So it would seem Central Bank assaulted the crypto industry (www.forbes.com)

posted 2 years ago by NoobieQ 2 years ago by NoobieQ +25 / -0

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– uk9994 1 point 2 years ago +1 / -0

Am clueless about maths etc. Are you saying they can't control crypto and bitcoin?

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– anatidaephobia 1 point 2 years ago +1 / -0

They can't control decentralized open source coins, which includes Bitcoin and many of the major ones. Simply because of the network of nodes operated by regular people, anyone can run a node and anyone can mine, which is the process of verifying transactions.

They can cheat all they want, but without majority approval by the network it'll get them nowhere. If they change the rules, all they get is a worthless fork. A separate chain obeying the new rules, which nobody will join obviously because their rules are stupid.

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– uk9994 2 points 2 years ago +2 / -0

Thanks for that...I have not got crypto as just can't get to grips with it but hoping UK doesn't sequester precious metals...they have done it before.

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