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Title: Bitcoin active nodes = "elite" and "decentralized" Post by: Sir Alpha_goy on August 22, 2016, 01:03:03 AM World Population = roughly 7,345,890,000 (http://www.census.gov/popclock/)
Active Bitcoin Nodes = 5120 (https://bitinfocharts.com/bitcoin/nodes-active/) 5120 / 7,345,890,000 = 0.000000697 0.000000697 x 100 = 0.0000697% Number of employees working at the Federal Reserve as of 31-Dec-2015 = 18,574 (http://www.federalreserve.gov/publications/annual-report/files/2015-annual-report.pdf page 316) 18,574 / 7,345,890,000 = 0.000002528 0.000002528 x 100 = 0.0002528% Congratulations Bitcoin you are more "Elite" than the Federal Reserve itself. With 70% of all mining taking place in China (http://www.bbc.com/future/story/20160504-we-looked-inside-a-secret-chinese-bitcoin-mine), a hand full of major exchanges that actually let you convert fiat into Bitcoin, and an active node count that is smaller than all the people that are employed by the Federal Reserve I would have to conclude that your decentralized mantra holds plenty of weight.... What's next? I mean you already let the corporations in on the scheme with Ethereum. So they are handled. That leaves digital cash? Say it ain't so that the same play from over 100 years ago is being run.... Title: Re: Bitcoin active nodes = "elite" and "decentralized" Post by: HCP on August 22, 2016, 11:12:49 AM You do realise that the federal reserve applies to the United States of America... and ONLY the United States of America right? Last time I checked... there are another 195 odd countries in the world (depending on whether or not you count Taiwan ;))... Also, I'm not entirely sure how the number of Fed reserve employees is supposed to be some sort of comparison to Bitcoin nodes? Fairly sure the guy cleaning the toilets at the Fed Reserve doesn't really have that much impact on fiscal matters...
Can you please try to explain what exactly is your issue with Bitcoin? You seem to be the resident "The End is nigh!" sandwich board guy... and I'm struggling to see past the Chicken Little "The sky is falling!" rhetoric that you keep posting... :-\ http://www.tveskimo.com/wp-content/uploads/2014/12/The-Game-5b.png In other news... I should probably stop feeding the trolls... ::) |
