You should look into why Yifu got into creating ASIC's in the first place. His heart is in the right place, you don't have to worry about him exceeding 50%.
The nice thing about bitcoin is that even if his heart isn't in the right place, greed will still push him to distribute his chips as much as possible, as massive centralization would reduce the value of bitcoin, and thus the overall value of his chips.
Yup yup. If this is true, and it's a huge credibility risk for the WSJ to write all that with no solid sources, then this really is the start of the goldrush.
There is no way the WSJ would ever write a story like this just based on mixing up two companies named "Avalon". They have names, even the fact that the Lewis was interested in BFL. Where would those details have come from if they weren't verified by the author.
THAT'S A BLOG, QUOTING ANOTHER BLOG
Right. A newspaper might publish a story saying something like "According some random blogs, X is true" or "according to rumors" on their blogs. But they wouldn't write an article like this - clearly stating various things
as facts unless they had done the fact checking themselves.
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His Zionist brotherhood is whispering into his ear. They have to control Bitcoin before it destroys their global banking scam. Yufu was discussing the problems with how the government can destroy/control bitcoin and then he makes a deal with the devil.
Wow, you are a complete idiot.
I am talking about manipulating the mindless masses into using a forked chain that they control once Bitcoin has taken off. They won't know any better, they won't understand the need for the current protocol. They will just understand the convenience and as long as the forked chain has that and they can spend it they won't care about whether the amount is fixed or any of that.
I'm not talking about a 51% attack to steal coins - that wouldn't be worth their time.
Anyone can start a forked chain whenever they want. There are dozens out there, from litecoin to BBQCoin to Primecoin.
If a company wants to start it's own alt chain they can do so whenever they want. They don't need $200 million in chips to do it.
