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Message Subject Crypto in a nutshell… you think ya know but ya don’t know…
Poster Handle Anonymous Coward
Post Content
Bitcoin is super DE-centralized, and a bulletproof store of value (for long term HODLers, not silly day traders.)

Many other cryptos ARE centralized, though (like ETH), so be careful out there.

ETH could be destroyed fairly easily, even though it is the premier development platform (not currency.)

It is almost inconceivable that BTC could be wiped out, though.

Only a cabal of trillionaires could summon the necessary computing power to make a 51% attack on BTC. Even if such a cabal existed, they are probably benefiting from it, so it's a vanishingly unlikely scenario.

drevil
 Quoting: Anonymous Coward 78507753


like i said, if you look at history, today’s rhetoric, all governments’ stance and wealth (market cap) movements…. one thing points to anti-Chinese. It’s a means to liquidate Chinese assets when and if China tries to control their currencies and markets. EVERYTHING else is just fog.

One thing BTC has against it is it backed by ready for it…. nothing… but some collective “people” that has no military, no government, no rules. One thing it has going FOR it is… ya can’t short it.
 Quoting: Anonymous Coward 77470462


You don't think US will crack down to? Don't they want to record all transactions over 20k? saw an article yesterday
 
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