Bitcoin is not gold. Bitcoins thanks, I prefer not world money. So what I would advise to the Chinese government if I were an adviser? This would be extremely unlikely to happen the there is a limit to how one transactions can happen at and same time. Get Free Newsletters Newsletters.
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The United States Federal Government has not yet claimed the right to regulate cryptocurrencies exclusively, leaving individual states to determine how their citizens can participate. This is some next level tin foiling. Good link, thanks for sharing. The government can do many things with it. Irma's big day is Sunday We could use all resources that are now wasted on arms on something more productive.
I hope that the the interested world this business mostly know how it works. Although fiat crypto will seem like an innovation to most people, one who understand Bitcoin's value - decentralization, censorship-resistance and no central authority, will continue valuing it. January 31, An Indian interview and Nathan Seiberg. In that section, particularly Bitcoin government a neutral force bitcoins this scenario, that could be used by the evil and good.
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I'm willing to bet I know a hell of a lot more about how far along these technologies are, what their potential capabilities are, and what methods would be quantum resistant and quantum-proof than you are. So, yes, I think I am somewhat aware of the upcoming quantum hurdle. I also know a little bit about proposals as to how bitcoin can be made ready for when that day comes. That's not how computing works. Individual to individual, three letter federal agencies have more computing power than any other one player, yes.
They have the biggest gun, so to speak. But altogether that's nowhere close to true. They absolutely do not have enough computing power to beat out tens of thousands, hundreds of thousands, and someday maybe millions of nodes running a distributed network across the entire globe. I'm not sure what you even think the government would do if somehow it could "control" bitcoin. What exactly would that even mean to you?
How do they "control" it? You realize quantum computers are not actually a thing yet, right? They've made photomatter circuits and have once encased atoms in silicon with information stored on them. It's years away still. Exactly, like everything labelled "quantum" its all theoretical math make-believe.
People speak about quantum computers as if they're actually out there, or just round the corner - in the same way they do about black holes - again, a theoretical construct that has never been observed. I believe we just witnessed a star being torn apart by a black hole in real time last month I have been sufficiently convinced, by mathematician Stephen J. Crothers, that there are no such things as black holes, dark matter, exotic matter, etc. Not only are these theoretical constructs but Crothers illustrates that even the theoretical maths that infers these things is flawed.
Of course, observed data can be interpreted to fit quantum theory, but it has sent quantum science on a mad goose chase: Rationally, if the the theory keeps being contradicted by actual observation, and forces more and more invented theoretical particles to tape the theory together, then the base assumptions of the theory is incorrect.
I'm not saying this only to be contrarian. Not only are the logical contradictions in quantum science models of the universe obvious, but there is a better model in Plasma physics that elegantly explains actual observation by electro-magnetism. The explanation is that we are not witnessing explosions out there in space, but electric filaments.
Actual observation can be replicated in the plasma lab with electric current in a vacuum. Stephen J Crothers - the non-existence of black holes - actual maths for those who can follow, well worth watching:. This would be extremely unlikely to happen because there is a limit to how many transactions can happen at the same time.
We can increase the limit for the blockchain but there will still be a limit and that limit is unlikely to allow 8 billion people usage. If that happens, transactions will not clear or they may clear but with a very high transaction fee, rendering it useless for most transactions. For currency i would think ripple more or dash.
Litecoin is great for payment too, but since its supply its fixed, i think its great to storage wealth as well. Bitcoin is not gold.. It's a digital currency that is ceceptible to hacking via quatam prosessors certainly. Even if the powers that be didn't create bitcoin they have the computer power to mine it much more successfully than any independent individual.
By being a fixed supplies makes it comparable to gold. It is an analogy. Here's what at a minimum would need to happen for there to be "One World Government", let alone have bitcoin at the center of it. First, majority of the world's powerful people would have to either give up their power, die, or all agree to work together. Second, there would have to be a mass combining of systems and policies and rules and infrastructure.
Third, there'd have to be blind trust that people in every curve of the world are in agreement with one world government. Do I need to go on? Let's talk about how these three challenges can be overcome.
The only way I see it is with a giant war that leaves much of the world uninhabitable and much of the people dead. One of those mark of the beast is social media, porn site and movies industry because the way revelation put is not going to be a physical mark but an idea that will be planted in people head remember revelation didn't said on the head it said in the head. Facebook know what you like so send your what you like and youtube know what your eye what to see so it shows that.
Bitcoin will definitely survived if it is part of God agenda. Jan 15 th - Feb 19 th. Idrisu on April 26, , If our conviction lead us to thinking that digital currency like bitcoin is the potential future world currency in one world government, one world religion under the ruling of Satan, then it is only rightful to think that in order to implement it and become reality, let us now accept the fact that there will be no kind of adaptation or the like that will going to happen in order for bitcoin to become accepted and use by humanity in the near future.
The answers are obvious. When the anti-christ or the man of perdition will finally reveal according to the bible, then everything will be enforced to do to every person. He will enforce the mark of the beast in human being, so during those years of his reigning here on earth-- are accompanied by strict regulations and punishment if will not obey him, you will be subject for a certain degree of tortured that you never experience before.
Rosher72 on June 15, , GreenBits on April 25, , BitcoinMongolia on June 15, , I have already seen something about this subject. The New Mundial Order will use the mark of the beast and make all the world become one only nation ruled by one leader, the beast. One of the characteristics of this society would be the one currency used by all, in this case there are speculations it could be the Bitcoin.
It's not true, the decentralization is a way to reach to the centralization, must be smart to do it, but it's possible. The one world currency will be trackable, and everyone on the globe will likely be forced to use these funds.
For instance, the website Occupy Corporatism believes this may be the case. The reason why conspiracy theorists believe a global currency is on its way is because many Keynesian economists have bolstered this idea over the years.
Even John Maynard Keynes himself has been cited as a single world currency advocate. This school of economic thinking believes it would help the global economy and improve international trade. However, in recent times certain countries like Britain, for example, have distanced itself from the Euro during the Brexit vote.
So to some of these theorists , bitcoin is just another catalyst towards the cashless one world currency secretly crafted by the elite.