The whole internet and electricity arguments are mute anyway. Both of those are catastrophic and have way less chance of happening than the government or BTC powers that be, infiltrated or otherwise, having the ability to turn off people’s ability to buy certain products, or turn off whole accounts for that matter, which seems much more likely to happen than any catastrophic event.
Can you tell me that all transactions will be anonymous? Honest question?
Anything done electronically can be undone electronically. Security has gone to shit ever since it became electronic. Physical security was far more secure.
However good crypto markets and digital currencies seem at the start, they will all go to shit and end up being controlled by bad people. Greed and power aren’t going to ever lose their appeal.
None of the transactions are anonymous, that isn’t the point. They are privatized in the sense that the general public will have a hard time knowing who owns what wallet, but if you personally use the same wallet forever and ever then yes the govt will know who owns that specific wallet.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Physical security is far more secure? Really? Because last time I checked a guy can’t come to my house when I’m away, and break into my bitcoin wallet to steal my net worth.
They can certainly walk out the door with physical goods, including your entire safe, which they will break into.
Cryptographic encryption is the most secure anything has EVER BEEN in history of everything.
And I think it’s hilarious that you say everything electronic goes to shit, while literally talking to me while using electronic technology. Kek.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Please don't be dishonest, miners need only not include your transactions to ban you from the network, and if 51% of miners agree, you really have no recourse asides from trying to out-mine the 51%
The whole internet and electricity arguments are mute anyway. Both of those are catastrophic and have way less chance of happening than the government or BTC powers that be, infiltrated or otherwise, having the ability to turn off people’s ability to buy certain products, or turn off whole accounts for that matter, which seems much more likely to happen than any catastrophic event.
Literally impossible for anyone to “turn off” someone’s wallet.
Can you tell me that all transactions will be anonymous? Honest question?
Anything done electronically can be undone electronically. Security has gone to shit ever since it became electronic. Physical security was far more secure.
However good crypto markets and digital currencies seem at the start, they will all go to shit and end up being controlled by bad people. Greed and power aren’t going to ever lose their appeal.
He told us the end from the beginning.
None of the transactions are anonymous, that isn’t the point. They are privatized in the sense that the general public will have a hard time knowing who owns what wallet, but if you personally use the same wallet forever and ever then yes the govt will know who owns that specific wallet.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Physical security is far more secure? Really? Because last time I checked a guy can’t come to my house when I’m away, and break into my bitcoin wallet to steal my net worth.
They can certainly walk out the door with physical goods, including your entire safe, which they will break into.
Cryptographic encryption is the most secure anything has EVER BEEN in history of everything.
And I think it’s hilarious that you say everything electronic goes to shit, while literally talking to me while using electronic technology. Kek.
Please don't be dishonest, miners need only not include your transactions to ban you from the network, and if 51% of miners agree, you really have no recourse asides from trying to out-mine the 51%