Pages:
Author

Topic: Bitcoin's achilles - page 2. (Read 1887 times)

sr. member
Activity: 434
Merit: 250
November 28, 2013, 04:19:21 PM
#5
Guys lets say bitcoin will get 10 Trillion market cap and all the governments decide to "shut down" bitcoin because they will be scared that
they can't control or regulate it.

i think the best scenarios for them will be that All countries secretly make a meeting in order to shut down bitcoin.
it will break down like this, they will find them BIG pools IP's, big mining pools in each country and disconnect them all at once from the internet retaking over mining and disrupting the bitcoin network.

they wont have to shut down the whole internet but only certain parts of it (mining one's).

i think the solution of it is difficult but it can be done,
everyone who supports this this technology and bitcoin will have to buy and addition to their PC, a small mining equipment even 5GH is enough just to support the network.

what do you think ?

I think the premise bitcoin will be worth 10 trillion dollars is ridiculous fantasy.

in present day terms, that would mean 1 bitcoin = $1 million.. it's so far out in the future that it's not even worth speculating over.
full member
Activity: 280
Merit: 100
November 28, 2013, 04:18:11 PM
#4
Guys lets say bitcoin will get 10 Trillion market cap and all the governments decide to "shut down" bitcoin because they will be scared that
they can't control or regulate it.

i think the best scenarios for them will be that All countries secretly make a meeting in order to shut down bitcoin.
it will break down like this, they will find them BIG pools IP's, big mining pools in each country and disconnect them all at once from the internet retaking over mining and disrupting the bitcoin network.

they wont have to shut down the whole internet but only certain parts of it (mining one's).

i think the solution of it is difficult but it can be done,
everyone who supports this this technology and bitcoin will have to buy and addition to their PC, a small mining equipment even 5GH is enough just to support the network.

what do you think ?

I think the premise bitcoin will be worth 10 trillion dollars is ridiculous fantasy.

well if everyone adopt bitcoin and use it instead of Credit cards i think this sexy fantasy can happen.
but focus on how we can overcome this scenario
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
November 28, 2013, 04:12:10 PM
#3
Guys lets say bitcoin will get 10 Trillion market cap and all the governments decide to "shut down" bitcoin because they will be scared that
they can't control or regulate it.

i think the best scenarios for them will be that All countries secretly make a meeting in order to shut down bitcoin.
it will break down like this, they will find them BIG pools IP's, big mining pools in each country and disconnect them all at once from the internet retaking over mining and disrupting the bitcoin network.

they wont have to shut down the whole internet but only certain parts of it (mining one's).

i think the solution of it is difficult but it can be done,
everyone who supports this this technology and bitcoin will have to buy and addition to their PC, a small mining equipment even 5GH is enough just to support the network.

what do you think ?

I think the premise bitcoin will be worth 10 trillion dollars is ridiculous fantasy.
newbie
Activity: 21
Merit: 0
November 28, 2013, 04:10:46 PM
#2
I think the Chinese government has proven over and over and over again that they love bitcoin.
full member
Activity: 280
Merit: 100
November 28, 2013, 04:07:57 PM
#1
Guys lets say bitcoin will get 10 Trillion market cap and all the governments decide to "shut down" bitcoin because they will be scared that
they can't control or regulate it.

i think the best scenarios for them will be that All countries secretly make a meeting in order to shut down bitcoin.
it will break down like this, they will find them BIG pools IP's, big mining pools in each country and disconnect them all at once from the internet retaking over mining and disrupting the bitcoin network.

they wont have to shut down the whole internet but only certain parts of it (mining one's).

i think the solution of it is difficult but it can be done,
everyone who supports this this technology and bitcoin will have to buy and addition to their PC, a small mining equipment even 5GH is enough just to support the network.

what do you think ?
Pages:
Jump to: