http://www.good.is/posts/why-bitcoin-is-a-scam
Here are some quotes from this site:
"But the biggest problem is that, despite its anarchic design, the system presents a huge opportunity for big fish to take advantage of the Internet everyman. Ben Laurie, a respected web security expert and cryptographer, makes a compelling case that Bitcoin won’t work because it accrues such a huge advantage to people who can bring the most computing power to bear on clearing transactions. “I mean, it’s nice for the early adopters, so long as new suckers keep coming along,” he concludes. “But in the long run it’s just a pointless waste of stuff we can never get back.”
"Most worrisome is the opportunity for collusion: If any single person or group controlled a majority of computing power in the network, they could rewrite the transactions to take your money. Bitcoin relies on the growth of the network to outpace any single node’s ability to control the bulk of the processing power, but one mining collective, deepbit, currently clears more than a third of all transactions. Already, hackers have used botnets, online networks of computers, to increase their ability to process transactions and mine bitcoins.."
INCAKOIN will take root where Bitcoin failed to take suit. INCAKOIN purchases could even be taxable to the point where Banks would accept them. And Everyone will be able to jump in. Not Gluten early adopters who's only intentions are world domination and taking advantage of small fish.
NKA:NN1sE6odEKrbKpBqt56vw5jJoitDrCn9HD
Here are some quotes from this site:
"But the biggest problem is that, despite its anarchic design, the system presents a huge opportunity for big fish to take advantage of the Internet everyman. Ben Laurie, a respected web security expert and cryptographer, makes a compelling case that Bitcoin won’t work because it accrues such a huge advantage to people who can bring the most computing power to bear on clearing transactions. “I mean, it’s nice for the early adopters, so long as new suckers keep coming along,” he concludes. “But in the long run it’s just a pointless waste of stuff we can never get back.”
"Most worrisome is the opportunity for collusion: If any single person or group controlled a majority of computing power in the network, they could rewrite the transactions to take your money. Bitcoin relies on the growth of the network to outpace any single node’s ability to control the bulk of the processing power, but one mining collective, deepbit, currently clears more than a third of all transactions. Already, hackers have used botnets, online networks of computers, to increase their ability to process transactions and mine bitcoins.."
INCAKOIN will take root where Bitcoin failed to take suit. INCAKOIN purchases could even be taxable to the point where Banks would accept them. And Everyone will be able to jump in. Not Gluten early adopters who's only intentions are world domination and taking advantage of small fish.
NKA:NN1sE6odEKrbKpBqt56vw5jJoitDrCn9HD
So... how exactly does this copy and paste shitcoin fix the possibility of a 51% attack? And it's specifically made to be taxable? Yay, a digital fiat!
