Bitcoin Forum

Other => Beginners & Help => Topic started by: LiquidNitrogen on December 18, 2013, 11:51:10 AM



Title: hello world
Post by: LiquidNitrogen on December 18, 2013, 11:51:10 AM
Lets get this shit going... cryptocurrency is supposed to be revolutionary but all I see is greedy naysayers who like that they can make usd with btc but deny its true potential and ninnies with kiddy gloves that pander to the same institutions bitcoin was designed to subvert

If you are like me, you believe crypto is the future not a fad or ponzi scheme and waiting for government to figure out what to do with bitcoin is like waiting for a dinosaur to figure out to do with a calculator


Title: Re: hello world
Post by: Shaggy2013 on December 18, 2013, 12:04:24 PM
Lets get this shit going... cryptocurrency is supposed to be revolutionary but all I see is greedy naysayers who like that they can make usd with btc but deny its true potential and ninnies with kiddy gloves that pander to the same institutions bitcoin was designed to subvert

If you are like me, you believe crypto is the future not a fad or ponzi scheme and waiting for government to figure out what to do with bitcoin is like waiting for a dinosaur to figure out to do with a calculator

well I do not see how it is a ponzi scheme no-one or any group has control of anything.  I think last someone or group needs 33% control or more maybe and it is so wide spread it would take a huge investment in terms of way bigger then microsoft or apple or even google to produce enough resources to gain control.  So as long as it resumes this level of decentralization no-one is really in control anymore.  The smallest change in the system has to be approved between so many different systems it could be so rare in the system it could be non existant. 

Unless I missed something...


Title: Re: hello world
Post by: Iulik on December 18, 2013, 12:18:48 PM
Yes, cryptocurrency is revolutionary but very volatile currency.