U.S. Treasury Department says that DeFi and decentralized crypto markets threaten national security
(twitter.com)
-STRAIGHT UP PANIC MODE-
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TThe 51% attack has been completed successfully. Over half a decade ago. Only controlling the NODES.
You know how you control the price when you control the majority? You pump it with other accts. Lift it sky high. Say 40k then rug pull them bag holders to 20k LMAO
I Skipped most the shit you wrote then seen the ripple comment. Everyone in crypto knew ripple was a scam with in 90days.
You need to define what you mean by "control", because you keep mixing and matching definitions. There is 1) manipulating the value of BTC (i.e. the notional price vs another asset in a pair), or 2) commanding who is allowed to transact with the currency and under what circumstances. Those are entirely different things.
Yes, the price can be manipulated, and in fact with far less than 51% of the coins. Nobody has ever said otherwise. But most of your comments read like this response above. It appears to be a non sequitor, possibly with 2 different ideas merged into a single statement which then becomes unintelligible. Sentence 1 refers to mining nodes, and sentence 2 refers to value. They have no connection to each other.
Just some advice to help with future communication. When using the word control with respect to Bitcoin, please explicitly identify whether you are using the word to mean "manipulated value" or actual "command of how it can be spent". Those 2 concepts are often mixed and conflated in government issued fiat currencies. They are distinctly separate in crypto.
51% attack is well knowin. 51% control on the nodes, the nodes control the WORK.
PLAn THe WOrK, WoRK THE PLAN.
That is the only way to win.
Its like talking to a half wit.
Also. By being able to adjust "value"/pump dump whatever. They don't live in a barter world BTC plays in their world and they won.
If you manipulate the value. You already control it.