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Title: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on December 18, 2017, 01:26:29 AM Why does Trustless and Decentralized work? How is such a thing Secure?
What is good about being Trustless? Why does that help Decentralization? How does this make anything Secure? Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on December 18, 2017, 02:27:15 AM it seems traditional financial institutions aim to acheive status of being trusted, however Bitcoin appears to be opposite and operates on being trustless.
Why? and what's the difference? Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on December 18, 2017, 03:04:10 AM Why does Trustless and Decentralized work? How is such a thing Secure? What is good about being Trustless? Why does that help Decentralization? How does this make anything Secure? Anyone want to help with comments on these questions? Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on December 18, 2017, 04:20:33 AM Do incentives play into any of this?
Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on December 24, 2017, 07:03:51 PM Do incentives play into any of this? I think these are fundamental concepts to the Bitcoin's working system. Any questions? Feedback? Disagreements? Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on February 02, 2018, 01:30:33 AM On this exact topic - what do people here on this forum know about the lightning network to be released for Bitcoin?
Title: Re: Why does Trustless and Decentralized work? How is such a thing Secure? Post by: centralbanksequalsbombs on November 21, 2018, 01:48:35 AM The biggest catalyst that'd make BTC price skyrocket higher is simply move all your BTC to your PERSONAL bitcoin wallet (move off of Coinbase, Binance, Bitfinex, Square, Robinhood, CBOE/CME futures).
Fractional reserve, BTC lending, rehypothication is a bitch and can perpetually create no floor for prices by establishment market manipulators. Plus if history is any indication, one these avenues will blow up and wreck the "holders" of bitcoin that really wasn't there because they failed to take such advice. Take it off the exchanges and see what happens. |