What you don’t seem to get is that I don’t gamble on the price, and don’t ever plan to sell. It’s putting and end to the endless, while having full transparency aka dark to light. Do the game theory and realize that if the government were forced to use this for taxes, they could never steal or launder your money, ever. Realize that usury is the root cause of all of our issues, and simply opt out in a parallel system.
also, yes. I am very passionate about crypto as in cryptography. “crypto” disgusts me, because it’s a ponzi. Bitcoin is its own, separate and self-reliant system. We can end the endless on that side of the bridge.
PUT AN END TO THE ENDLESS. TAKING BACK CONTROL. (of your money, keys)
it makes it the innovation. all the rest is noise, to convince you to spend your fiat for some alt coin in hopes that you’ll make more fiat in the end (LEVERAGE, USURY, MONEY-PRINTING)
nah, man… you can control 51% of the nodes, the honest nodes will see what you’re doing and split the chain, you’ll have created your very own shitcoin with only you mining and verifying it.
grew, keyword, ORGANICALLY. all other ones are rushed out to maximize fiat denomination growth. I don’t condone “investing” in bitcoin. I treat it as the only incorruptible currency in the world. a parallel system, if you will. and I said “IF you’re scared”. chill out, I’m not trying to attack you. I’m just trying to make you see that fiat, leverage and “investing” in crypto are all useless and the source of your problems.
51% attacks are noticeable. You never delete a copy of the blockchain, you keep the entire history. Like a git repo. Once you realize what’s happening, the honest nodes block out the attacker and resume from where they left off. All you need is a consensus from the honest nodes.
And indeed, China doesn’t want Bitcoin to succeed in the minds of people, yet wants to control the most of it that it cans. The two go hand in hand, you attack the price in a multitude of ways, such as Binance creating a bailout fund which will generate a leverage spiral of death since you can’t print more to bail people out, and further crash the market. Instead of incentivizing people to hold their own keys and OWN THEIR MONEY, they want “proof of reserves”, meaning; they want you to feel comfortable with them holding your fucking money.
My point is, bro… If you’re scared about China controlling most of the mining, well Satoshi controls most of the coins, and that could be the US government. No other PoW chains grew organically such as Bitcoin, those who “got it” early on, mined and got rich off of it. Those who didn’t, thought they missed the boat and went onto find problems in Bitcoin which don’t really exist, as an excuse to sell you new coins.
why would black hats create something they have no way of controlling, and puts the power of OWNING money back into peoples’ hands?
China banned mining and still couldn’t stop it. It doesn’t matter who has the most. You will not stop people who can put in the work from becoming rich, if that’s China, so be it. But a little known fact — “Satoshi Nakamoto”: "Satoshi" means "clear thinking, quick witted; wise." "Naka" can mean "medium, inside, or relationship." "Moto" can mean "origin" or "foundation." — connect a few dots, you get “Central Intelligence”. Maybe the white hats knew they had to get rid of USURY, which is the root of all issues we fight against, and created Bitcoin.
which other has a finite supply that can never change? it’s also about the fact that it is the only coin which has an “immaculate conception”. the creator of it limited his own mining power, and went away forever. all other coins are premined by the people who knew about its launch. there is 0 comparison.
Bitcoin is banned in China, yet they own the largest exchange, Binance, which is currently setting up a “bailout fund” for something that cannot be printed aka bitcoin. Do not confuse “crypto” with bitcoin. They are not the same. Binance and the whole “crypto” market is an attack on the only thing you CAN attack in bitcoin, which is its PRICE, or the faith in the system. Because you ain’t breaking the laws of math and thermodynamics.
You will never stop rich people from wielding the majority of money. All you can do is REMOVE THEIR ABILITY TO PRINT MORE BECAUSE THEY CONTROL THE MOST, which BITCOIN is the only thing that does.
This is the most uneducated thing I’ve ever read. It is not fiat because you cannot print it. It is inflationary, BUT with the caveat that you need ENERGY to create it (AKA mining), and the inflation rate is set in stone (6.25btc/block [~10 minutes on average], CURRENTLY. This rate gets halved every 4 years, until there’s no more bitcoin left to mine) It does not” lack the ability to upgrade”, look up Segwit and Taproot. The difference is, there must be consensus from the entire network for the protocol to change. It has the intrinsic value of at least the energy spent to mine it, plus the fact that it’s the only digital thing we’ve created that is scarce and can’t be copy-pasted, including its protocol. No one controls it. On it not being private, your guns aren’t private either, but that doesn’t stop you from losing them in a boating accident. Please, educate yourself on the only weapon we can wield against [THEM].
Owls SEE in the DARK.
A goddess of knowledge, Minerva, takes the form of an owl. They pride themselves in being the ones who reign through obscurity/occultism. They know what others don’t, such as the fact that their system is bankrupt, and they use the darkness to rule over the prey.
Also, do the game theory and realize that you can do a fully auditable election on the bitcoin blockchain, while no voter has to leave their house. Give each politician an address, and each voter a small amount of bitcoin for them to vote with. There are ways to verify it and make sure it’s not tied to your name, and yet, since you own the wallet, you would be able to audit your vote and anyone else’s who would let you.