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Message Subject JUST IN: NYC freezes deposits at Capital one, $COF, and Keybank
Poster Handle Anonymous Coward
Post Content
Like I’ve been shouting to all the No Coiners on here for 7 years (when Bitcoin was $500), better get out of government issued fiat garbage and get yourself some money these psychopaths can’t touch…. Bitcoin!
 Quoting: Anonymous Coward 48055253


Just wait until people find out that the SHA-256 algorithm (the encryption algorithm bitcoin uses) has a backdoor.

What that means is, BTC wallets can be accessed using this backdoor, and funds can be removed, or the wallet can be frozen.

If they link a social credit score to your BTC wallet, they now have complete control over your behavior, just by accessing your wallet, and removing coins, or simply locking your wallet.

Google "Who invented SHA-256" and you'll shit.

That's why we don't know who the inventer Of BTC is, it's all a Government psyop.


NC-ud0ntsay
 Quoting: Anonymous Coward 3777019


not only that - bitcoin is bogging down computers as the blockchain has grown extremely large since inception and growing more each day

as of Oct 2022 the size of the entire Bitcoin blockchain is 435 GB. This means the network of transactions is extremely large and too big to simply put on a regular laptop or desktop hard drive.

[link to phemex.com (secure)]
 Quoting: Anonymous Coward 85831101



If you're using the core wallet, and keeping the "wallet.Dat" file on a thumb drive,(that's how BTC was stored back in the day) then yes, it's slow as hell now.

Most people use a Browser wallet, or app wallet on a phone, and the slowdown isn't as noticeable, because the servers are always up to date with the current block.

The block times are supposed to be every 10 minutes... But if a bunch of miners point to another coin, or the local network goes down, the next block will take much longer, until the difficulty changes.

Once I discovered the NSA invented the damn algorithm, and the inventer was unknown, I became skeptical of BTC, Then I did some more digging, and discovered it's psyop, to link a social credit score, to peoples money... People do exactly what you tell them, when you control access to their money.

Money is how they control us.
 
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