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this post was submitted on 02 Mar 2024
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Bitcoin isn't going anywhere unless someone figures out how to successfully hack it. All the other crypto currencies can get fucked.
Fuck Bitcoin and all of its energy and storage wasting.
If we had nuclear fission/fusion creating all of our power, I wouldn't care but we are still using oils and coal to produce electricity.
The world is seeing this effect, We didn't even have a fucking winter in Canada. Shit what tends to be the coldest month of the year we have already seen positive double digits (please join the rest of the world in using real units murika), hell I've biked to work WEARING SHORTS last week
I'm not saying I'm for bitcoin (though I am for a form a currency outside the control of any one government). It's just not going anywhere unless/until it's compromised.
Once someone hacked Bitcoin to give himself a bazillion bitcoin for free. Everyone else could see that - so they just patched the vulnerability - but Bitcoin was hacked.
That's why it ended up going here.
Which means it's probably still being hacked but if someone was smart they would steal small amounts from everywhere. Fly under the radar and because it's "decentralized" if it's small enough and random enough no voice would be loud enough to silence it.
I'd rather just take the one time lump sum payout of shorting it and flying over the radar. (Which that dude probably did) If you patiently exploit the vulnerability, then someone else might figure it out or notice.
Sssshhhh, you're going to break their fragile reality
You know what's hilarious is that this is another problem that was long solved with the traditional centralized systems.
I will continue to laugh at the response of SWIFT after investigating the viability of block chain and crypto currency. I'm paraphrasing but it was basically "ya, nah".
For anyone who knows SWIFT is the largest network of financial transfers in the world and not owned by any one company.
Kek shitty finite currencies with transparent transactions promoting hoarding can get fucked monero all the way
HODL mean anything to you? LMFAO
You seem to agree with me that a cryptocurrency without purpose is garbage bloat damaging the environment however monero has taken up a majority of darknet purchases I'm not advising anyone to use crypto as a medium other than anonymous purchase and holding any for longer than necessary may f*ck you because of its volatility sry if my point came across badly in my ONE SENTENCE which made no statements about holding IN ANY WAY