Bitcoin is the central bankers trojan horse out of fiat. - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Pizzalover420 on March 21, 2021, 08:03:33 PM

Spoiler: NETWORK FEE is fancy words for ENFORCED TAX.

It’s a fee market, not an enforced tax.

If only it was very simple for the network to hard fork to bigger blocks, increase transaction throughput, WHILE ALSO not sacrifice decentralization.

I believe the trolls have sold early, because they believed in the narrative that “smaller blocks = death of Bitcoin”, to HODL a forked-shitcoin-scam.

Kittygalore

member

Activity: 868

Merit: 63

Quote from: ?? on ??

They can buy it all up but probably that time Bitcoin's value is worth millions. So instead they'll buy up all the miners goodluck with the mining cost and still not enough hash power to control the entirety of the network.

They will be able to buy a lot of bitcoin even if it costs a lot of money, I mean banks work on the principle of fractional reserve banking which means that they can buy this bitcoin even though they don't have the money at hand, that is how they are screwing over the people because they are the only one that has that kind of privilege.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Pizzalover420 on March 21, 2021, 08:03:33 PM

Dipshits. You`re all idiots. Enjoy your slavery.

Thanks for your very very wise words, you must be a very intelligent person. Now I'm going to rush to a bitcoin exchange and panic sell all my bitcoins and run away screaming. /s

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: Pizzalover420 on March 21, 2021, 08:03:33 PM

Who will own all the coins in the end?

ALL ? what if I maintain all my Bitcoins forever ? does anyone can take it from my wallet?

Quote

Who can buy all the miners right now?

What if My Brother(Who is a Miner) won't sell all His rigs can The government sequester them from Him?

Quote

Who can buy all the coins right now?

The central bankers.

Lol Central bank of your Country ? because you seems to be a Hater of Canadian Government , are you a Frustrated politician that never win any election ?

Look at your Post History , attacking " Justin Trudeau over and over.

https://bitcointalk.org/index.php?action=profile;threads;u=2890175;sa=showPosts

Why not focus on your Farming life and enjoy your Peaches , and let us be here and trust crypto with our own risk?

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Ah, back at it again with the classic "government/bankers can buy all the coins" argument, not even taking into consideration that the price will shoot straight up as money floods in. Probably first learn how markets work before making such silly arguments.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: Pizzalover420 on March 21, 2021, 08:03:33 PM

Who will own all the coins in the end?
Who can buy all the miners right now?
Who can buy all the coins right now?

You can do all: own all, buy all miners, buy all bitcoin if you have enough money.

With bitcoin, you can store it in a non custodial wallet and no one, no government can steal your bitcoin. They can not freeze your bitcoin wallet.

Quote

Spoiler: NETWORK FEE is fancy words for ENFORCED TAX.

Please don't want to get rich with something is free. Is it fair when you earn money when you move your bitcoin to take profit but miners have to confirm your transaction free of charge for you? They have to pay for power bill to run their ASICs just to confirm your transaction.

In any nation, you have to obey local rules and tax responsibility. Many faucets in the past which generously gave away free and big amount of bitcoin but faucet hunters sold all of their free bitcoin.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Do governments really care about their currencies though?

Enough European ones are still busy trying to accept gold based coins as legal tender so I don't think they really care so much.

They're still likely to be able to say - if you don't pay tax you can just go to jail or we'll extradite you. And considering you'll probably either be buying groceries with your wallet or a tractor then they'll likely find you.

bittraffic

hero member

Activity: 3038

Merit: 617

They can do that but if all are bought by them who else will use it? And then we can use other coins out there like LTC or doge, will they all buy it up again?

It's all going to make them buy everything just as we all could just use any other coin out there that's a big problem still for them. They can enjoy buying it all up.

Pizzalover420

jr. member

Activity: 112

Merit: 2

Who will own all the coins in the end?
Who can buy all the miners right now?
Who can buy all the coins right now?

The central bankers.

If and when bitcoin replaces fiat. The guys with the most miners at that time will always stay on top.

You want to make something better than fiat and bitcoin that will replace both of them?

Create a coin everyone mints at the same rate.

Spoiler: NETWORK FEE is fancy words for ENFORCED TAX.

Dipshits. You`re all idiots. Enjoy your slavery.

Topic: Bitcoin is the central bankers trojan horse out of fiat. - page 2. (Read 285 times)