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Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree
(cbnumy.blogspot.com)
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this post was submitted on 20 Jul 2024
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facepalm
What? Our ancient grid says lol. But also. We don't own bitcoin. It's not some random American product that the US owns the rights to. What even.
That's pretty easy tbh, most of the core bitcoin devs all work for a single company that can absolutely be bought out, and even have gone on record on how much they dislike bitcoin.
It was the main reason I got out, I bought into it because I was excited by the tech behind it, but no single company should have that much control over the direction it goes in.
Now you could argue that if they did so the chain would just split and the rest of the world would just stay off the USA owned chain, but imo they have already done so much against the interest of bitcoin and everyone has just gone along with it so far (minus the bch split) so what do I know.
To take over Bitcoin it would take not only devs but also miners and major exchanges to cooperate. No single government on this planet has this power.
as another comment indicated, bitcoin (and other hard crypto chains) are resistant, not immune. please don't make that part of your armour.
For response; see last paragraph in my comment