Topic: Communism will be the end of BTC - page 2. (Read 1072 times)
What do you mean "hard-fork money out of my wallet"? No one can alter the blockchain, they can only create their own version of blockchain, but it will just be a new altcoin, lets name it commie-coin. And I'm pretty sure that it won't be able to compete with BTC on free market that we have now. But in case there will suddenly be communist revolutions all over the world, btc and other cryptocurrencies would still be used for black market, while communist government will issue their own highly controlled digital currencies and tokens.
lesson 1.
if 50,000 nodes appeared.. and then intentionally split.. all they are doing is making clams 2.0
lesson 2.
coins are locked to private keys. not software. so while they play with clams 2.0 your funds are still on your private key
lesson 3.
making bitcoin about politics and race just makes you sound like a Fox news presenter shouting "bomb them bomb them bomb them"
if 50,000 nodes appeared.. and then intentionally split.. all they are doing is making clams 2.0
lesson 2.
coins are locked to private keys. not software. so while they play with clams 2.0 your funds are still on your private key
lesson 3.
making bitcoin about politics and race just makes you sound like a Fox news presenter shouting "bomb them bomb them bomb them"
1) Like how Ethereum split successfully? Hardly.
2) I believe with 90 or even 95% majority, they can just simply rewrite the protocol to send the money out directly. Or hacking the coin reward mechanism to redistribute wealth at more rapid paces, like 5 million BTC/ block , and no coin cap limit.
3) These are the facts. We have an egalitarian coin, for rich people. It wont work out like this, trust me. We either have private property, or we don't. And that means, only property holders can vote. Therefore POW is not good, we need POS.
No, no, no... I think this is totally wrong. Poor people from socialists, communists, leftists country usually don't endorse them. Rich people yes...
Poor people need to survive and maybe they found in bitcoins a way to do this. But their governments don't like it. If you want to destroy leftists, let the people from their country use bitcoins.
(They are just parasites, can't create a technology, can't create anything, they just destroy things).
Poor people need to survive and maybe they found in bitcoins a way to do this. But their governments don't like it. If you want to destroy leftists, let the people from their country use bitcoins.
(They are just parasites, can't create a technology, can't create anything, they just destroy things).
Don't change the subject. Look I am not against poor people. I am just pointing out the facts, that theft from the rich is very attractive to poor people, and in the process they destroy everything. Communism failed, miserably. So we need to take a 180 degree turn, and go all the way on it.
We cant just have mixed economies, it wont work like that. So full private property, or no private property. It's your choice.
No, no, no... I think this is totally wrong. Poor people from socialists, communists, leftists country usually don't endorse them. Rich people yes...
Poor people need to survive and maybe they found in bitcoins a way to do this. But their governments don't like it. If you want to destroy leftists, let the people from their country use bitcoins.
(They are just parasites, can't create a technology, can't create anything, they just destroy things).
Poor people need to survive and maybe they found in bitcoins a way to do this. But their governments don't like it. If you want to destroy leftists, let the people from their country use bitcoins.
(They are just parasites, can't create a technology, can't create anything, they just destroy things).
lesson 1.
if 50,000 nodes appeared.. and then intentionally split.. all they are doing is making clams 2.0
lesson 2.
coins are locked to private keys. not software. so while they play with clams 2.0 your funds are still on your private key
lesson 3.
making bitcoin about politics and race just makes you sound like a Fox news presenter shouting "bomb them bomb them bomb them"
if 50,000 nodes appeared.. and then intentionally split.. all they are doing is making clams 2.0
lesson 2.
coins are locked to private keys. not software. so while they play with clams 2.0 your funds are still on your private key
lesson 3.
making bitcoin about politics and race just makes you sound like a Fox news presenter shouting "bomb them bomb them bomb them"
I think we can safely rebrand BTC to Marx-Coin, because I believe BTC will be destroyed by leftists, specifically communists.
As I pointed out in my article, POW coins are doomed to fail, since poor people will take over:
Quote
But Bitcoin is now bringing in people from 3rld world countries, whom are very poor, and from leftist countries as well. So it's only a question of time until Communist ideas will start to be spread.
(China, Venezuela, Vietnam, and other leftists or just poor people)Quote
Bitcoin might defend against a network attack, but it can't defend against Communism, because it used POW algorithm, and nodes.
Quote
It would be very simple, there are 5000 nodes, probably less in the future. A bunch of 3rld world poor people just download a modified software, let's say a coordinated event of 50,000 people, and they will just hardfork money out of your wallet. Since they will be in 90% majority, and the nodes have the final authority, not the miners, it will be successful.
And it will be this easy to steal from rich people. And there is nothing on Earth that would stop this kind of attack on Bitcoin. Just like that, everyone who has a lot of coins will lose all their money. In protests, 100,000 people can be mobilized just like that. So what makes you think that you can't mobilize 50,000 poor people to steal money from the rich?
And it will be this easy to steal from rich people. And there is nothing on Earth that would stop this kind of attack on Bitcoin. Just like that, everyone who has a lot of coins will lose all their money. In protests, 100,000 people can be mobilized just like that. So what makes you think that you can't mobilize 50,000 poor people to steal money from the rich?
If the Anti-Trump movement can mobilize tens of thousands of women to march on the streets, what makes you think that incentive to steal money out of your wallet can't mobilize millions of poor people around the world to download a modified node software and hardfork the money out of your wallet. They easily outnumber existing honest nodes.
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