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Bitcoin => Bitcoin Discussion => Topic started by: RainbowKun on July 02, 2021, 05:12:54 AM



Title: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 02, 2021, 05:12:54 AM
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.

The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.

Since the birth of human civilization, nothing has been out of human control. Human beings can transform and destroy nature unscrupulously. All kinds of human science and technology can make human civilization progress continuously and even explore the universe. This is the human civilization built with human as the main body.

But in Bitcoin, humanity has lost their power.

After Satoshi Nakamoto created Bitcoin, Bitcoin has become a new civilization. It exists temporarily dependent on human civilization, but it will not be affected by human civilization. The birth of Bitcoin announced the birth of machine civilization and silicon-based civilization.

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.

The criterion for measuring whether a system belongs to human civilization is whether human can control it. Everything around us is formed by human consensus, which can be controlled or changed by humans. Only human nature, which bitcoin based on, is something that humans cannot get rid of, so humans cannot control Bitcoin. Bitcoin has become an independent advanced civilization system.

Bitcoin's protocol definition is very simple. It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.

The Bitcoin ledger can still exist after net split, and even if there is a world war between humans, the Bitcoin ledger will still exist. Even if all the Bitcoin mining machines are destroyed and most humans go extinct, the Bitcoin ledger will still exist as long as there are two earthlings with two USB flash drives.

As long as the Bitcoin ledger still exists, the ledger will be copied whenever there is a chance. It is easy to rebuild the power grid and restart the Internet, and Bitcoin will be able to resume work soon.

This is another advancement that human has made since stone civilization, mechanical civilization, electric power civilization, and Internet civilization. From being restrained by nature, human is in the era of using and transforming nature. Human will enter an age which limited by what they invented.

Some people may say that humans can control the price of Bitcoin and make profits by letting the price of Bitcoin fluctuate. But the source of Bitcoin's price is not Bitcoin itself. In the Bitcoin system, there is no code for the price of Bitcoin. The price of Bitcoin is an exchange rate between Bitcoin and legal currency introduced by humans to facilitate their own economic behavior.

When the legal currency in human society disappears completely, Bitcoin can still anchor human civilization by itself.

What do you think about this?


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: leea-1334 on July 02, 2021, 05:18:02 AM
Other than the obvious fact that there are a hundred things humans cannot control,,, I do not think Bitcoin always was like that and the design is such that we have to work hard to protect this!

Humans can control it if they work together hard enough. In the early days it was possible when there was just a few nodes but today thankfully it is decentralized but if we do not encourage ourselves and other nodes to continue,,, who knows? Or corporations work together to take over majority?

What if people and miners and devs stopped caring about integrity and gave in to big blocks and POS just to solve "scalabitity" problem?


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: kxwhalexk on July 02, 2021, 05:53:47 AM
Other than the obvious fact that there are a hundred things humans cannot control,,, I do not think Bitcoin always was like that and the design is such that we have to work hard to protect this!

Humans can control it if they work together hard enough. In the early days it was possible when there was just a few nodes but today thankfully it is decentralized but if we do not encourage ourselves and other nodes to continue,,, who knows? Or corporations work together to take over majority?

What if people and miners and devs stopped caring about integrity and gave in to big blocks and POS just to solve "scalabitity" problem?
Indeed, with the cooperation of all mankind, a 51% attack can be easily completed.
But this is just an assumption, because we can never predict the end of the story from a given starting point.
Another extreme point is that if everyone in the world except you gives up mining, then you can easily master btc. Obviously this is also impossible.
Scalability、Decentralization、Security.The three can only take care of two of them at the same time.Or focus on one of them.
For the time being, I don’t consider whether there will be a project that takes all three into account in the future.For the time being, I don’t consider whether there will be a project that takes all three into account in the future.
Bitcoin blockchain technology is a combination of "decentralization" and "security",Scalability has naturally become the most important reason restricting his development.(But now that the blockchain is becoming more familiar to people, scalability seems to be a very important issue)


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: MusaMohamed on July 02, 2021, 06:27:55 AM
Bitcoin need to be mined with equipments from CPU to GPU and ASIC.

The network need to have ASIC and power as well as Internet connection.

If by any means, all of those sources no longer exist, Bitcoin network will not opereate but will you can find anyone, any antion can do it on global scale?

I believe the answer is no, for now and might still be no in future.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: stompix on July 02, 2021, 03:03:08 PM
The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.
~
But in Bitcoin, humanity has lost their power.

Lol, what a load of...
If humans would want to completely destroy bitcoin they would simply stop using it, if nobody mines it, nobody uses it, bitcoin is dead.
Actually, in reality, it's a bunch of humans that keep bitcoin alive, without them there would be no nodes, no mining, no usage, in short, no bitcoin.
And one more thing, bitcoin was created by humans, it is getting its code updated by humans, segwit was activated because humans wanted, the taproot lock-on happened also because humans wished for it.

The Bitcoin ledger can still exist after net split, and even if there is a world war between humans, the Bitcoin ledger will still exist. Even if all the Bitcoin mining machines are destroyed and most humans go extinct, the Bitcoin ledger will still exist as long as there are two earthlings with two USB flash drives.

Probably you don't understand what extinction means. Also, I doubt the two surviving earthlings would rush to rebuild the bitcoin network as the first priority unless they own all the coins at that time. What would you do, start with the old chain with all the lost coins or with a brand new one where you're acting like Satoshi?


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: bitmover on July 02, 2021, 03:16:03 PM
The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.
~
But in Bitcoin, humanity has lost their power.

Lol, what a load of...
If humans would want to completely destroy bitcoin they would simply stop using it, if nobody mines it, nobody uses it, bitcoin is dead.
Actually, in reality, it's a bunch of humans that keep bitcoin alive, without them there would be no nodes, no mining, no usage, in short, no bitcoin.
And one more thing, bitcoin was created by humans, it is getting its code updated by humans, segwit was activated because humans wanted, the taproot lock-on happened also because humans wished for it.



Lol

I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.

Certainly that is true, but that is certainly not the only thing a single human can control.

Ofc bitcin is controlled and maintened by humans


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: stompix on July 02, 2021, 03:26:54 PM
Lol
I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.

I pretty much doubt that, once you start saying things like:
Quote
Bitcoin has become an independent advanced civilization system.
it's one of the two:
- you're really happy the weekend has come and you're already on the 6th beer
- you've took a second mortgage on your house to buy bitcoins

Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slot?  :D



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Ucy on July 02, 2021, 04:10:01 PM
I think it's as Good as that because it's model after nature. More like how a network/system is designed for millions of cells to co-operate and work together with no one having ultimate control over the whole. In my opinion, if you create something that works abit like nature you could end up creating something revolutionary and better than existing man-made artificial alternatives.

There will always be viruses or rogue cells trying to hijack the whole system and its consensus.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: fiulpro on July 02, 2021, 04:15:08 PM
I do think that there are plenty of things humans have no control of, but when we talk about the economic section, there is Bitcoins which is decentralized and away from all the manipulation. But then again not entirely. You should understand that bitcoins as a whole is controlled by many people from behind the curtains. In theory it might be decentralized but for real, there are whales controlling the price together. Look at Elon Musk making a fool of himself on Twitter and the whole community following his guidelines. I do believe that it was made in such a way that it can't be controlled but then we are right now in a situation where it's very liable to manipulations etc.. the whole system is not ideal even if the base was meant to be different.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Karish2return on July 02, 2021, 04:57:09 PM
Over the previous decade, bitcoin has acquired consideration—from standard people—yet additionally from governments all throughout the planet.
A few governments dread that bitcoin can be utilized to bypass capital controls, can be utilized for tax evasion or unlawful buys, and could be dangerous to financial backers.
In any case, others have voiced more foundational worries over the decentralized digital currency's capability to destabilize or subvert the position or control of national banks.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: tabas on July 02, 2021, 10:02:42 PM
As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network.
You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: NicNacCoin on July 02, 2021, 10:54:37 PM
Bitcoin is the only thing that is fully decentralized and virtual type. It cannot be controlled by governments, central banks even police forced. It completely online virtual cryptocurrencies which has no proof of transactions and file of documents where it's formulas can be found. So I think its very hard to control by humans.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 03, 2021, 02:49:06 AM
Bitcoin is the only thing that is fully decentralized and virtual type. It cannot be controlled by governments, central banks even police forced. It completely online virtual cryptocurrencies which has no proof of transactions and file of documents where it's formulas can be found. So I think its very hard to control by humans.

Yes, no matter whether it is a human individual or a human collective, Bitcoin cannot be controlled, let alone eliminated. This is why I say that Bitcoin represents a whole new civilization.

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network.
You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.

Here, I don't think miners are the negative side. Instead, I think miners are an important part of the bitcoin network. What I want to express is that it is profitable to earn bitcoin by mining. As long as there is profit, there will always be miners, and the bitcoin network will never be destroyed.

I do think that there are plenty of things humans have no control of, but when we talk about the economic section, there is Bitcoins which is decentralized and away from all the manipulation. But then again not entirely. You should understand that bitcoins as a whole is controlled by many people from behind the curtains. In theory it might be decentralized but for real, there are whales controlling the price together. Look at Elon Musk making a fool of himself on Twitter and the whole community following his guidelines. I do believe that it was made in such a way that it can't be controlled but then we are right now in a situation where it's very liable to manipulations etc.. the whole system is not ideal even if the base was meant to be different.


Yes, this is also an important part of what I want to express. Some individuals of us can control or influence the price of Bitcoin through some methods, but they cannot influence the Bitcoin network itself.

In the Bitcoin network itself, there is no line of code about price at all. The price of Bitcoin is what we humans attach to Bitcoin. Belongs to the exchange rate between Bitcoin and legal tender. Even if there is no such exchange rate in the future, we will still use Bitcoin itself as a medium of exchange.


Lol
I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.
Quote

Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slot?  :D


What I want to express here is that neither a human individual nor a human collective can control Bitcoin. We can all understand that individual humans cannot control Bitcoin. Why can't the human collective control Bitcoin? Because humans themselves cannot reach a consensus on this point in controlling Bitcoin. As long as there are interests, there will be some people who will maintain the Bitcoin network because of their interests, and they will not be able to eliminate the Bitcoin network fundamentally. The stronger the consensus and recognition of Bitcoin by human beings, the more scattered the computing power of Bitcoin, and the stronger the vitality of Bitcoin.



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: dothebeats on July 03, 2021, 02:52:45 AM
People can come together and collectively stop using bitcoin and that's the end of the cryptocurrency as we know it. It's not that people cannot control it, it's just that they don't want to, as it's the closest thing that we can get to escaping fiat and the banks. Also, people are still getting something from bitcoin, so it would be unwise to let it go to waste this early, or abandon it just because humans can. There is always a possible breaking point for bitcoin, though it is difficult to achieve but not impossible, and one of that is control. Just take someone who has virtually infinite funds and access to the most advanced ASIC systems, and bitcoin is hijacked.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 03, 2021, 03:09:50 AM
People can come together and collectively stop using bitcoin and that's the end of the cryptocurrency as we know it. It's not that people cannot control it, it's just that they don't want to, as it's the closest thing that we can get to escaping fiat and the banks. Also, people are still getting something from bitcoin, so it would be unwise to let it go to waste this early, or abandon it just because humans can. There is always a possible breaking point for bitcoin, though it is difficult to achieve but not impossible, and one of that is control. Just take someone who has virtually infinite funds and access to the most advanced ASIC systems, and bitcoin is hijacked.


In a very ideal state, Bitcoin can be controlled or eliminated. But in human reality, human beings can no longer interfere with Bitcoin at all. Human greed and fear determine that humans cannot reach a consensus on the point of controlling Bitcoin. Some people can control or influence the price of Bitcoin, but they cannot intervene in the Bitcoin decentralized network.



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: pooya87 on July 03, 2021, 08:17:02 AM
In my opinion, Bitcoin is the only thing that beyond human control.
Actually bitcoin is the ONLY thing that humans can control. The only difference is that the "control" is not on one person or one organization but the power to control is spread among all bitcoin users. Whenever you run a full node to enforce the consensus rules or own hashrate to vote for changing them, you have part of that control.

Quote
Bitcoin's quadratic elliptic curve encryption,
There is no such thing as "quadratic elliptic curve encryption" or encryption in general in Bitcoin protocol.

Quote
Bitcoin's protocol definition is very simple.
The protocol is actually complicated.

Quote
It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.
You seem to believe that "control" equals "hacking" and not being able to crack bitcoin means people have no control. But that is not the definition of "control" which you keep repeating.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Reosta_ on July 03, 2021, 08:21:59 AM
Bitcoin has really made a huge difference in the world. Until it's first release in the market, we had only fiat money which has been under control of the governments. But Bitcoin has upset the balances. It can't be controlled by anyone, any group etc. . It's the beauty of Bitcoin. It's the thing that draws people's attention.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Pmalek on July 03, 2021, 08:37:13 AM
Very weird assumptions you are making there OP. If Bitcoin can't be controlled, tell me, what happens if all miners shut down their equipment and stop mining forever? How will your next transaction be confirmed? Isn't that a way in which humans can control the network? I am not interested in what the chances are of something like that happening, only that it is theoretically possible. Didn't the Chinese government take control and decide what the Chinese miners can and cannot do a few weeks ago? No one can control Bitcoin you say, but can you run your mining operations without electricity?

What about full-nodes and the decentralization aspect of Bitcoin. Can't that also be influenced if all full-nodes left the network for whatever reason and we would be down to just two? Is bitcoin then a decentralized currency?     


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Hobo66 on July 03, 2021, 08:45:23 AM
As in my opinion, bitcoin is fully open source and we can say that decentralized. Which in other words we can say that anyone can easily access the entire code at any time he wants. And From these statements we can say that no organizations and individual can control bitcoin, and we can also conclude that the network becomes secure.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: kxwhalexk on July 03, 2021, 09:18:55 AM
Very weird assumptions you are making there OP. If Bitcoin can't be controlled, tell me, what happens if all miners shut down their equipment and stop mining forever? How will your next transaction be confirmed? Isn't that a way in which humans can control the network? I am not interested in what the chances are of something like that happening, only that it is theoretically possible. Didn't the Chinese government take control and decide what the Chinese miners can and cannot do a few weeks ago? No one can control Bitcoin you say, but can you run your mining operations without electricity?

What about full-nodes and the decentralization aspect of Bitcoin. Can't that also be influenced if all full-nodes left the network for whatever reason and we would be down to just two? Is bitcoin then a decentralized currency?     

Code:
“If you can’t start with human emotions and reactions and predict the future they will bring about, you can’t do the 
reverse either. You can’t start with a future and predict the human emotions and reactions
that will bring it about.”

Given a starting point----most human beings hate Bitcoin, the final result may not necessarily lead to the extinction of Bitcoin.

On the other hand, even if Bitcoin eventually perishes, it may not necessarily be caused by all most human beings’s resistance to Bitcoin.

  • The possibility of all pools being united is very low. With the withdrawal of the pool, the difficult will become lower and lower, resulting in a higher probability of the same device to complete the hash collision and higher returns.
Code:
expected / actual = 20160 / actual
expected / actual = (2016 *10) / (2016 * 9) = 1.11
difficulty * 1.11 = new difficulty
  • Even if all pools are closed, it does not mean that no one else is involved in mining for profit.



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Rajamuda on July 03, 2021, 09:45:39 AM
Well that's a very smart thought, but even though bitcoin was created by humans, basically it is supported by many people to make it better known and more naturally developed. Regarding the price, indeed it is like being controlled by humans, but actually it is influenced by the interest of many people in buying and selling it. Bitcoin is like the future in terms of economy but not completely bitcoin sustains everything in terms of economy


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: davis196 on July 03, 2021, 12:49:42 PM
OP,your post seems like a bunch of BS. ;D
Bitcoin is the ONLY thing that humans cannot control?The ONLY THING?What about the weather,mother nature and the universe?Can humans control everything in the universe?
Humans can control the BTC blockchain,if there's consensus.
Humans can control the Bitcoin price(to a certain extend).This has been proven many times before.
Bitcoin is not some kind of deity or a monster.It's a system,which is created by humans and controlled by humans.BTC is not a supernatural force. ;D



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: fara_buduk on July 03, 2021, 01:28:08 PM
OP,your post seems like a bunch of BS. ;D
Bitcoin is the ONLY thing that humans cannot control?The ONLY THING?What about the weather,mother nature and the universe?Can humans control everything in the universe?
Humans can control the BTC blockchain,if there's consensus.
Humans can control the Bitcoin price(to a certain extend).This has been proven many times before.
Bitcoin is not some kind of deity or a monster.It's a system,which is created by humans and controlled by humans.BTC is not a supernatural force. ;D


actually there are many things that humans can't take part in, but.... maybe according to op; The value of money is usually guaranteed and regulated by the government or central bank of the country that issued it. Bitcoin is not regulated by any central bank or government. This is where the origin of the term decentralization comes from.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: pinggoki on July 03, 2021, 02:08:06 PM
Due to the bitcoin is decentralized, there is no human that will be able to control it and because of that it becomes decentralized and the bitcoin becomes boom day after day due to its decentralized working. Just like what others say, it is really interesting for us that there is still a thing that a human cannot control, and thanks to the cryptocurrency no human can control it even the government doesn't have the key on how they will be able to control it.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: BITCOIN4X on July 03, 2021, 02:26:47 PM
Do you realize why this bitcoin continues to exist, traded, used as a mean of payment, mined to this day because of human?
If human can maintain the existence of bitcoin all this time, then humans can also make it die or not be used anymore. Unwittingly, bitcoin users through communities, trader and miner have controlled bitcoin to exist for more than a decade. If one day all the activities that make bitcoin exist have been abandoned then bitcoin will no longer be useful. This is of course the opposite of your assumption.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: hatshepsut93 on July 03, 2021, 02:36:35 PM
People can't control weather, people can't control cosmic processes, people can't even cure all diseases. Bitcoin is just software, and by definition it is controlled by people. Bitcoin community agrees or rejects on changes - that's control. Any ideas that Bitcoin is an independent entity are nothing more than Saylor-style cringe pseudophilosophy aimed at impressing noobs. IMO it even makes Bitcoin look bad, like some sort of a cult or a scam. Please, stop.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: molsewid on July 03, 2021, 03:59:29 PM
Do you realize why this bitcoin continues to exist, traded, used as a mean of payment, mined to this day because of human?
If human can maintain the existence of bitcoin all this time, then humans can also make it die or not be used anymore. Unwittingly, bitcoin users through communities, trader and miner have controlled bitcoin to exist for more than a decade. If one day all the activities that make bitcoin exist have been abandoned then bitcoin will no longer be useful. This is of course the opposite of your assumption.

I am agreeing with your insight mate I mean aside from Satoshi who created bitcoin which up until now we really don't know who really Satoshi is there's no other single person can control bitcoin but the sense that humans can't control it I guess is impossible. Bitcoin is a decentralized and meaning no one take control but everyone can make a significance impact to the flow of this token. We are those people who are representing the population of users, traders and investors of bitcoin and we are belong to those people who can make a significant impact, can't control in a literal meaning.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RokokGudangGaram on July 03, 2021, 04:36:26 PM
Do you realize why this bitcoin continues to exist, traded, used as a mean of payment, mined to this day because of human?
If human can maintain the existence of bitcoin all this time, then humans can also make it die or not be used anymore. Unwittingly, bitcoin users through communities, trader and miner have controlled bitcoin to exist for more than a decade. If one day all the activities that make bitcoin exist have been abandoned then bitcoin will no longer be useful. This is of course the opposite of your assumption.

I am agreeing with your insight mate I mean aside from Satoshi who created bitcoin which up until now we really don't know who really Satoshi is there's no other single person can control bitcoin but the sense that humans can't control it I guess is impossible. Bitcoin is a decentralized and meaning no one take control but everyone can make a significance impact to the flow of this token. We are those people who are representing the population of users, traders and investors of bitcoin and we are belong to those people who can make a significant impact, can't control in a literal meaning.
Well said by the both of you. I am one with your thoughts that although not a single person can control Bitcoin, the collective action and movement impacts the market at large. For context, China and Elon Musk, with their power and influence, these has caused a significant impact to the market although they do not have control of it.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Mahanton on July 03, 2021, 04:55:44 PM
Do you realize why this bitcoin continues to exist, traded, used as a mean of payment, mined to this day because of human?
If human can maintain the existence of bitcoin all this time, then humans can also make it die or not be used anymore. Unwittingly, bitcoin users through communities, trader and miner have controlled bitcoin to exist for more than a decade. If one day all the activities that make bitcoin exist have been abandoned then bitcoin will no longer be useful. This is of course the opposite of your assumption.

I am agreeing with your insight mate I mean aside from Satoshi who created bitcoin which up until now we really don't know who really Satoshi is there's no other single person can control bitcoin but the sense that humans can't control it I guess is impossible. Bitcoin is a decentralized and meaning no one take control but everyone can make a significance impact to the flow of this token. We are those people who are representing the population of users, traders and investors of bitcoin and we are belong to those people who can make a significant impact, can't control in a literal meaning.
Well said by the both of you. I am one with your thoughts that although not a single person can control Bitcoin, the collective action and movement impacts the market at large. For context, China and Elon Musk, with their power and influence, these has caused a significant impact to the market although they do not have control of it.
Having control or just talking literally in the word "control" then its just impossible on having the control since Bitcoin is totally decentralized but talking about the market
then there are several factors that could really affect Bitcoin price movement due to those fuds and negative events in the market that do attached with it.
These are the only ways or possible situation on where Bitcoin could face on but having in control literally is not really possible and that what makes it great.
If this one would be easily controlled then this wont really become big on the first place.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: skarais on July 03, 2021, 05:01:47 PM
OP, are you speaking based on fact or just logic or your opinion. I think the assumption that bitcoin is the only thing that human cant control is quite a biased assumption because there are quite a few other thing that human cant control. Actually the government can restrict you from using bitcoin by regulation, you have to pay taxes on the profit you make from trading and you have to close your mines if you are under Chinese jurisdiction. Bitcoin decentralization will not completely free you from government control.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: ILuckyGuyI on July 03, 2021, 05:05:38 PM
I'm not very sure about whether Bitcoin is the only one. I haven't done a good research about it. But it is really interesting to see that Bitcoin or any other cryptocurrency in the market can't be controlled by anyone or anything. Decentralization has changed the way we look at the money. Now, we have a totally different option also. It's volatile yeah, but the feeling of the freedom we have while we are investing is just awesome.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: tabas on July 03, 2021, 10:40:29 PM
As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network.
You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.

Here, I don't think miners are the negative side. Instead, I think miners are an important part of the bitcoin network. What I want to express is that it is profitable to earn bitcoin by mining. As long as there is profit, there will always be miners, and the bitcoin network will never be destroyed.
They are very important, without them, the network won't be secure and there will be no confirmed transactions. What you've expressed is true.
It is profitable for them and if somebody wants to mine as well, he has to learn first what are the needed things to run a farm. You can mine with a few miners but calculate all of the investment and possible ROI when it shall come.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Shasha80 on July 03, 2021, 11:22:03 PM
I'm not very sure about whether Bitcoin is the only one. I haven't done a good research about it. But it is really interesting to see that Bitcoin or any other cryptocurrency in the market can't be controlled by anyone or anything. Decentralization has changed the way we look at the money. Now, we have a totally different option also. It's volatile yeah, but the feeling of the freedom we have while we are investing is just awesome.

It's interesting since Bitcoin was introduced by Satoshi Nakamoto, making people's views of the financial system change. It turns out that
there is decentralization that makes the government or anyone else unable to control Bitcoin. This new thing makes many people start to be
interested in Bitcoin, no wonder Bitcoin's popularity has increased so sharply. Because Bitcoin can give us freedom as users, unlike fiat which is
controlled by the government. But unfortunately Bitcoin is still getting rejection from some countries.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Ozero on July 04, 2021, 03:51:32 AM
In fact, a person cannot control a lot of things. First of all, we do not even know clearly the nature of our origin and the principle of our body's work, and therefore we cannot completely control it. We have not learned to manage and control the environment around us and our planet as a whole. We still do not know how it works, what is inside the bowels of the earth and the depths of the oceans. Without knowing ourselves or what surrounds us, we, of course, cannot fully control and manage these processes.
The cryptocurrency is created in such a way that a person really, in the end, cannot completely control and change his tuning algorithms. This is where the innovation of this financial asset lies. States and their governments control almost everything, and especially in the world of finance. And they cannot control cryptocurrency.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Xinarae* on July 04, 2021, 04:02:39 AM
Everyone in the world has control but no one has control over bitcoin rises to the top based on the demand in the market that is decentralized and someone intervenes the government cannot see any effect as there is no legal action. Whales in the market have an impact on this currency but not much can survive bitcoin's high demand brings it back to normal with bitcoin this cannot happen bitcoin is the only money that can never control.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Ararbermas on July 04, 2021, 06:47:37 AM
No one can control in it unless all of the big holders will dump or pump at the same time or should i say all of us that own bitcoin,? Because you know perhaps its possible since most of the causes of manipulation in the market are whales, wherein they can make the market fluctuate anytime they want.

it's actually too hard to understand why cryptocurrency were like this. but we should understand the story behind of this invention from the one and only creator and let's just give credit instead.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: sapnu on July 04, 2021, 06:48:48 AM
Bitcoin has developed a lot over the past years and if you are going to define control as something that allows us to access everything inside bitcoin and change anything we want in it, therefore you are wrong in that thinking. The control in bitcoin I think starts on how well you are managing it and regardless of the changes occuring, you are still able to cope up. If you think humans should have the control over bitcoin which you are defining as something near to hacking, then all of the things in crypto will surely be in chaos considering how impossible it is for everyone's mind to harmonize.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 04, 2021, 07:59:52 AM
In my opinion, Bitcoin is the only thing that beyond human control.
Actually bitcoin is the ONLY thing that humans can control. The only difference is that the "control" is not on one person or one organization but the power to control is spread among all bitcoin users. Whenever you run a full node to enforce the consensus rules or own hashrate to vote for changing them, you have part of that control.

Quote
Bitcoin's quadratic elliptic curve encryption,
There is no such thing as "quadratic elliptic curve encryption" or encryption in general in Bitcoin protocol.

Quote
Bitcoin's protocol definition is very simple.
The protocol is actually complicated.

Quote
It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.
You seem to believe that "control" equals "hacking" and not being able to crack bitcoin means people have no control. But that is not the definition of "control" which you keep repeating.
Your point of view is very sharp and pointed out some ambiguity in my point of view. Thank you very much for your wonderful reply. Here I will elaborate on my point of view and my understanding of "control".
What I want to express here is that Bitcoin is a new civilization. It is independent of the existing human civilization system and is a more advanced civilization.
Why is Bitcoin a more advanced civilization? Because neither individual humans nor collectives of humans can interfere, intervene, or control the operation of the Bitcoin network. This is what I mean by "control".
The existing technology of mankind cannot crack the private key of Bitcoin. The existing capabilities of human governments cannot destroy Bitcoin nodes. Human governments cannot shut down the operation of the Bitcoin network. Humans cannot use existing technology to tamper with Bitcoin's ledger. Only if there is interest, no matter how the government prohibits it, there will be miners to maintain the Bitcoin network. It is impossible for the Bitcoin network to be shut down.
To some extent, Bitcoin's technology surpasses the current technological level of human civilization. We can only watch a block of Bitcoin run day after day and year after year for about 10 minutes, and we cannot destroy the system as a whole.
We can run a Bitcoin full node, vote, and obtain certain governance rights. However, miners are involved in the operation of the Bitcoin network, and we are already part of the Bitcoin civilization. We are involved in the construction of Bitcoin civilization, not the existing human civilization. These are two different civilization systems, and this is the core idea I want to express.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: cheezcarls on July 04, 2021, 11:15:17 AM
Bitcoin was designed to take back the control to the people and not the banks and government. As it is decentralized, no one can control it or reverse the transactions. They can only regulate or restrict us, but not controlling BTC or it’s blockchain as it’s the same with the other coins and tokens existing today.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: avikz on July 04, 2021, 11:20:48 AM
Only human can control bitcoin, no other species can! But the right statement is that - Individual can't control bitcoin. Bitcoin is designed to be a democratic monetary system where the miners have to vote and majority always wins. If the minority don't like the system, they can fork away! So it is one of the most beautifully designed democratic monetary systems exist today for good! There are issues like scaling etc. But eventually that will be resolved in one way or other in future.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: tbone777 on July 04, 2021, 11:24:50 AM
Humans cant control a lot of things in our univesre and bitcoin is not the most biggest or most important one


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Vaskiy on July 04, 2021, 11:26:39 AM
Bitcoin was designed to take back the control to the people and not the banks and government. As it is decentralized, no one can control it or reverse the transactions. They can only regulate or restrict us, but not controlling BTC or it’s blockchain as it’s the same with the other coins and tokens existing today.
This is how the bitcoin network operates in a decentralized. Regulating bitcoin is the best way than thinking to have control over it. Right now at times the network seems to be highly manipulative, because of the large volume of holdings getting accumulated with few authorities/persons. This situation needs to change.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: geegaw on July 04, 2021, 01:23:24 PM
Bitcoin was designed to take back the control to the people and not the banks and government. As it is decentralized, no one can control it or reverse the transactions. They can only regulate or restrict us, but not controlling BTC or it’s blockchain as it’s the same with the other coins and tokens existing today.
The decentralization of bitcoin so far is really strong and still warding off government threats, there is no indication that the government will be able to take root and the blockchain chain has not been successfully cracked yet. But sometimes such defiance can become the impetus for the government to dominate bitcoin by a corresponding measure, let's not forget that the bitcoin system is always public, access is unrestricted with hidden identities, government people can infiltrate and look for opportunities to rebuild this system


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: iTradeChips on July 04, 2021, 01:30:19 PM
Lol
I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.

I pretty much doubt that, once you start saying things like:
Quote
Bitcoin has become an independent advanced civilization system.
it's one of the two:
- you're really happy the weekend has come and you're already on the 6th beer
- you've took a second mortgage on your house to buy bitcoins

Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slot?  :D



Sorry, I read the first paragraph and tried to continue but I think my eyes have been hurting so bad that I didn't continue reading the rest of the story. Well, it is a newbies way of admiring Bitcoin and his attempt to describe it in a serious manner is already a failed attempt. Civilization system, I haven't heard of that before and Bitcoin is an independent advanced civilization system at that, make me cringe and giggle at the same time. I admire your loving care and total admiration on the coin. Majestic.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: cotton ball on July 04, 2021, 03:09:05 PM
Bitcoin was designed to take back the control to the people and not the banks and government. As it is decentralized, no one can control it or reverse the transactions. They can only regulate or restrict us, but not controlling BTC or it’s blockchain as it’s the same with the other coins and tokens existing today.
it's true as you said comrade, the right post can't be controlled by humans, but can't be controlled by third parties, because all those who hold bitcoin are all humans are not animals, we can also be safer in holding our bitcoins, because the government can't hold bitcoins. control over the bitcoins that we hold and invest, that's why the government always bans bitcoin, and says bitcoin is not safe, bitcoin is not halal, and other negative things...


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Nunoluck on July 05, 2021, 03:06:06 AM
I am glad that I know a currency which government cannot control it. As bitcoin holder since few years ago, I feel satisfied because I choose bitcoin as investment. I have fiat money and cryptocurrency, my fiat money falue keep decreasing because of inflation while my cryptocurrency price keep increasing although there is extreme volatility in the market. I think our community is very lucky because of bitcoin and blockchain which is needed by the world.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Lee_Mire on July 05, 2021, 06:45:06 AM
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.

The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.

Since the birth of human civilization, nothing has been out of human control. Human beings can transform and destroy nature unscrupulously. All kinds of human science and technology can make human civilization progress continuously and even explore the universe. This is the human civilization built with human as the main body.

But in Bitcoin, humanity has lost their power.

After Satoshi Nakamoto created Bitcoin, Bitcoin has become a new civilization. It exists temporarily dependent on human civilization, but it will not be affected by human civilization. The birth of Bitcoin announced the birth of machine civilization and silicon-based civilization.

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.

The criterion for measuring whether a system belongs to human civilization is whether human can control it. Everything around us is formed by human consensus, which can be controlled or changed by humans. Only human nature, which bitcoin based on, is something that humans cannot get rid of, so humans cannot control Bitcoin. Bitcoin has become an independent advanced civilization system.

Bitcoin's protocol definition is very simple. It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.

The Bitcoin ledger can still exist after net split, and even if there is a world war between humans, the Bitcoin ledger will still exist. Even if all the Bitcoin mining machines are destroyed and most humans go extinct, the Bitcoin ledger will still exist as long as there are two earthlings with two USB flash drives.

As long as the Bitcoin ledger still exists, the ledger will be copied whenever there is a chance. It is easy to rebuild the power grid and restart the Internet, and Bitcoin will be able to resume work soon.

This is another advancement that human has made since stone civilization, mechanical civilization, electric power civilization, and Internet civilization. From being restrained by nature, human is in the era of using and transforming nature. Human will enter an age which limited by what they invented.

Some people may say that humans can control the price of Bitcoin and make profits by letting the price of Bitcoin fluctuate. But the source of Bitcoin's price is not Bitcoin itself. In the Bitcoin system, there is no code for the price of Bitcoin. The price of Bitcoin is an exchange rate between Bitcoin and legal currency introduced by humans to facilitate their own economic behavior.

When the legal currency in human society disappears completely, Bitcoin can still anchor human civilization by itself.

What do you think about this?


I would argue humans can control bitcoin more than they can control the forces of nature.  With that being said, bitcoin is not totally control/centralization-proof. Regulators, miners, even a large entity investor can potentially "control" certain aspects of bitcoin. Be it the price, transactions (miners selecting particular transaction inclusion), etc.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: southerngentuk on July 05, 2021, 07:01:22 AM
The point is, we create it for the purpose, not to control something. What I'm seeing here is the freedom that we're all looking for, so I don't think the problem at the outset doesn't need to be complicated. Of course, one person will have a different way of looking at the problem.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: leea-1334 on July 05, 2021, 08:03:27 AM
What if people and miners and devs stopped caring about integrity and gave in to big blocks and POS just to solve "scalabitity" problem?
Indeed, with the cooperation of all mankind, a 51% attack can be easily completed.
But this is just an assumption, because we can never predict the end of the story from a given starting point.
Another extreme point is that if everyone in the world except you gives up mining, then you can easily master btc. Obviously this is also impossible.
Scalability、Decentralization、Security.The three can only take care of two of them at the same time.Or focus on one of them.
For the time being, I don’t consider whether there will be a project that takes all three into account in the future.For the time being, I don’t consider whether there will be a project that takes all three into account in the future.
Bitcoin blockchain technology is a combination of "decentralization" and "security",Scalability has naturally become the most important reason restricting his development.(But now that the blockchain is becoming more familiar to people, scalability seems to be a very important issue)

I do not know if it is true you can only take care of 2/3 of those items. And I am sure there are many other things that need to be taken care of. Cost, for example, which in the end for the user is what makes many of them move away from BTC and ETH to shitcoins (they do not understand security or decentralization). Even for BTC scaled they think they do not want to pay 4 cents for a fee:)

And Bitcoin people would argue that scalability IS solved. Most of the times this year mempool was NOT full.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: tygeade on July 05, 2021, 07:03:54 PM
It can be controlled, but it is difficult to control it. And I don’t think Bitcoin is the only thing that is beyond control, there are many things that man cannot control. Controlling Bitcoin is not an impossible thing to do, but it will be a difficult thing. Maybe it might seem impossible to us because no one is ready to go through that stress. It’s just like the 51% attack that everyone has been talking about for long, if some big miners should join together, they might accomplish that feat. But none of them would do that. There are other things to do, but the thing is that no one is ready for it. So it’s going to continue to be above control.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: CryptoStar19 on July 05, 2021, 07:16:41 PM
On the other hand, bitcoin is just about the only thing in humanity's control... in the sense that there it circumvent the central authority we have with nearly every other thing out there.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: dota2bestplayer on July 07, 2021, 01:49:41 AM
Bitcoin is decentralized. Through decentralized management, Bitcoin has no single entity that can control it. Therefore, his network will not be easily destroyed, and no one can gain complete control over it and the right to manipulate it. Some negative news generated by Musk and China has affected the trend of market prices, but Bitcoin will still recover its value. This is also the beauty of Bitcoin. I think it will not be controlled.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Shenzou on July 07, 2021, 10:57:09 AM
sure it is hard to control bitcoib, because its decnetrelizd and it will take a lot to manipulate it, but you have to take in considiration that bitcoin is made by humans and operates because humans use it to make transactions, the more transactions that are made to stronger it gets, and if at some point poeple wanted to shut it down they can, i mean  one man was able to havealy influne its price by just making an investment in it and pulling out, and if governemnts wanted to shut it down they would ban and put in jail anyone who is mining it.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Cling18 on July 07, 2021, 11:09:55 AM
Bitcoin isn't the only thing that humans can't control. It isn't controllable yet there are still things and events that  could influence it just like countries that ban it and influential people that say something about it. Different human factors could still affect it in so many ways. However, its volatility makes it unique and beneficial for most investors.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: ropyu1978 on July 07, 2021, 11:44:54 AM
Bitcoin isn't the only thing that humans can't control. It isn't controllable yet there are still things and events that  could influence it just like countries that ban it and influential people that say something about it. Different human factors could still affect it in so many ways. However, its volatility makes it unique and beneficial for most investors.
bitcoin is created by humans, held by humans, invested by humans, and sold in the market by humans, if you say bitcoin can't be controlled by humans, I think it's not quite right, but if you say bitcoin can't be controlled by humans a third party, and cannot be controlled by the government,, I just agree with your opinion, because those who play bitcoin are all humans.. not stars..


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: peter0425 on July 07, 2021, 12:20:49 PM
Bitcoin isn't the only thing that humans can't control. It isn't controllable yet there are still things and events that  could influence it just like countries that ban it and influential people that say something about it. Different human factors could still affect it in so many ways. However, its volatility makes it unique and beneficial for most investors.
bitcoin is created by humans, held by humans, invested by humans, and sold in the market by humans, if you say bitcoin can't be controlled by humans, I think it's not quite right, but if you say bitcoin can't be controlled by humans a third party, and cannot be controlled by the government,, I just agree with your opinion, because those who play bitcoin are all humans.. not stars..
Great answer , literal answer mate  ;D ;D ;D

Humans are the reason why Bitcoin is created and why bitcoin is still existing meaning this is the only meaning that Humans controlled the bitcoin.

But the Government control is another story.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: CryptoStar19 on July 07, 2021, 12:23:27 PM
Bitcoin is the transfer of control over monetary value from central authorities to the actual owner of the value as it should be.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 07, 2021, 12:28:52 PM
Bitcoin isn't the only thing that humans can't control. It isn't controllable yet there are still things and events that  could influence it just like countries that ban it and influential people that say something about it. Different human factors could still affect it in so many ways. However, its volatility makes it unique and beneficial for most investors.
bitcoin is created by humans, held by humans, invested by humans, and sold in the market by humans, if you say bitcoin can't be controlled by humans, I think it's not quite right, but if you say bitcoin can't be controlled by humans a third party, and cannot be controlled by the government,, I just agree with your opinion, because those who play bitcoin are all humans.. not stars..
Great answer , literal answer mate  ;D ;D ;D

Humans are the reason why Bitcoin is created and why bitcoin is still existing meaning this is the only meaning that Humans controlled the bitcoin.

But the Government control is another story.

Thanks, what I want to express here is that it is impossible to intervene and tamper with the Bitcoin network by relying on the existing technology of mankind. For example, the ledger information of Bitcoin cannot be tampered with, the Bitcoin node cannot be destroyed at the same time, and the Bitcoin private key cannot be cracked. These cannot rely on the administrative or technological power of the government to destroy the Bitcoin network. But human miners can participate in the maintenance of the Bitcoin network. At this time, the miner system itself belongs to the Bitcoin network.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: nhaila on July 07, 2021, 05:23:12 PM
Bitcoin a digital currency in the world which already boomed in the world among the people of all classes. Bitcoin a global currency which already declared valid and legal in some countries but some countries governments already declared Bitcoin as illegal. But I think only governments and central bank can control bitcoin.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: carlisle1 on July 07, 2021, 05:43:59 PM
sure it is hard to control bitcoin, because its decentralized and it will take a lot to manipulate it, but you have to take in consideration that bitcoin is made by humans and operates because humans use it to make transactions, the more transactions that are made to stronger it gets, and if at some point people wanted to shut it down they can, i mean  one man was able to heavily influence its price by just making an investment in it and pulling out, and if government wanted to shut it down they would ban and put in jail anyone who is mining it.

No longer possible now, I mean with how Bitcoin being recognized by more people to the point that some countries already use it as legal tender,

those kinds of progress place this investment currency to a much stronger position.

Your point might have some weight since there are also government who wanted to have full control of this industry, if they can't do it they'll probably stop it and tag it as illegal to their jurisdictions.



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Rehan Zakir on July 07, 2021, 05:46:52 PM
Brother i have not agreed with your opinion. Humans controls the Bitcoin the dumping or pumping its price. Humans can controls its price. But Bitcoin is a decentralized currency. It means that their is no central authority that controls it. Anyone have the access to buy or sell the coins without any permission. This is the best thing of Bitcoin that we can send this currency from anywhere in the world with low transaction fees.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Murtaza345 on July 07, 2021, 07:32:37 PM
I'm not agree with this, that bitcoin is thing that human not control, because human only control bitcoin and because of human chart price will be changed.ane if human not control bitcoin tell who controls bitcoin do you mean , robots,or any other things like ghousts ,or alians.and if your hint is the any government controls ,than it is also humans.So ofcource bitcoin control humans and only humans.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: dota2bestplayer on July 08, 2021, 03:45:24 AM
Brother i have not agreed with your opinion. Humans controls the Bitcoin the dumping or pumping its price. Humans can controls its price. But Bitcoin is a decentralized currency. It means that their is no central authority that controls it. Anyone have the access to buy or sell the coins without any permission. This is the best thing of Bitcoin that we can send this currency from anywhere in the world with low transaction fees.
First, Bitcoin as a decentralized currency has no central control. This is a fact. Some institutions or whales can indeed manipulate prices. People control the price is not the meaning of OP, the original intention is that people cannot control the Bitcoin network. The entire Bitcoin network will not be affected by humans. This unconventional operation makes more people pay attention to Bitcoin.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: fuguebtc on July 08, 2021, 05:27:40 AM
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: valentine wheeler on July 18, 2021, 09:02:45 AM
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.

Bitcoin has no central authority, no sovereign state control, no CEO, no board of directors, and no holding company. One of the most powerful features of Bitcoin is that its creator is no longer involved in it.

Any change in Bitcoin requires consensus. This is the most important thing. In this sense, the Bitcoin governance model is similar to a perfect democratic system with a self-regulating balance system.

I support your point of view, thank you.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on July 19, 2021, 08:13:08 AM
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.

Bitcoin has no central authority, no sovereign state control, no CEO, no board of directors, and no holding company. One of the most powerful features of Bitcoin is that its creator is no longer involved in it.

Any change in Bitcoin requires consensus. This is the most important thing. In this sense, the Bitcoin governance model is similar to a perfect democratic system with a self-regulating balance system.

I support your point of view, thank you.

Thank you all for your wonderful replies. What I want to express here is that the current level of human technology cannot break the Bitcoin network. Human existing technology cannot crack the private key of Bitcoin, and cannot tamper with the data in the Bitcoin ledger. The existing technology of mankind cannot eliminate all Bitcoin nodes at the same time. There are both technical reasons and game theory reasons here. Therefore, I said that now a single human individual or some governments cannot control the Bitcoin network. The Bitcoin network cannot be eliminated. The existing human society has to adapt to the Bitcoin network.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: cotton ball on July 19, 2021, 02:52:20 PM
I'm not agree with this, that bitcoin is thing that human not control, because human only control bitcoin and because of human chart price will be changed.ane if human not control bitcoin tell who controls bitcoin do you mean , robots,or any other things like ghousts ,or alians.and if your hint is the any government controls ,than it is also humans.So ofcource bitcoin control humans and only humans.
I agree with your opinion, if bitcoin is not controlled by humans, then who else controls bitcoin, maybe robots, or the like, maybe you mean bitcoin is not controlled by the government, or third parties, or individuals, if that's the intent of your post, I think it can make sense..


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Aliceooo78 on August 06, 2021, 03:19:52 AM
Quote

Bitcoin (BTC for short) is currently the most widely used digital currency. It was born on January 3, 2009. It is a digital encryption currency for peer-to-peer (P2P) transmission, with a total of 21 million. The Bitcoin network releases a certain amount of coins every 10 minutes, which is expected to reach its limit in 2140. Bitcoin is called "digital gold" by investors.


I believe in Einstein's theory of relativity. I support Bitcoin, but I do not agree with your point of view. There is no absolute uncontrollable, but the cost of controlling Bitcoin is too high and there is no benefit available.

Any amount of Bitcoin can be paid and received instantly anytime and anywhere. No bank holidays, no borders, no imposed restrictions, no amount restrictions, and no transaction time restrictions. Bitcoin allows its users to fully control their funds. Every user cannot control other people's accounts. I think this should be a reasonable explanation that Bitcoin cannot be controlled.

Another feature of Bitcoin is that everyone can be the owner of their own assets, or they can protect their own funds through backup and encryption, which is not possible with fiat currencies. This view is that Bitcoin is a digital currency that cannot be controlled by humans, rather than the only thing that humans cannot control.



Title: Re: Bitcoin is the only thing that humans cannot control
Post by: RainbowKun on August 08, 2021, 09:58:52 AM
Quote

Bitcoin (BTC for short) is currently the most widely used digital currency. It was born on January 3, 2009. It is a digital encryption currency for peer-to-peer (P2P) transmission, with a total of 21 million. The Bitcoin network releases a certain amount of coins every 10 minutes, which is expected to reach its limit in 2140. Bitcoin is called "digital gold" by investors.


I believe in Einstein's theory of relativity. I support Bitcoin, but I do not agree with your point of view. There is no absolute uncontrollable, but the cost of controlling Bitcoin is too high and there is no benefit available.

Any amount of Bitcoin can be paid and received instantly anytime and anywhere. No bank holidays, no borders, no imposed restrictions, no amount restrictions, and no transaction time restrictions. Bitcoin allows its users to fully control their funds. Every user cannot control other people's accounts. I think this should be a reasonable explanation that Bitcoin cannot be controlled.

Another feature of Bitcoin is that everyone can be the owner of their own assets, or they can protect their own funds through backup and encryption, which is not possible with fiat currencies. This view is that Bitcoin is a digital currency that cannot be controlled by humans, rather than the only thing that humans cannot control.



What I want to express here is that no single force can control Bitcoin. Humans cannot use existing science and technology to break into the Bitcoin network, to tamper with the data of Bitcoin, and to crack the private key of Bitcoin. On this basis, Bitcoin has established absolute trust in the mathematical base. Existing humans can only adapt to the existence of the Bitcoin network, but cannot intervene in the Bitcoin network.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Kong Hey Pakboy on August 08, 2021, 10:17:48 AM
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.
You're contradicting your statement that bitcoin is controlled by humans with you next statement which is bitcoin not being managed by a person. Also, bitcoin can be controlled by any person, I mean the whales won't exist if they don't have any stake on the market that will be so profitable to them. Yes it sort of doesn't have a central authority but that also means that anyone can get on top.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Kittygalore on August 08, 2021, 11:46:07 AM
If we were to take this literally, I don't think that bitcoin is going to be the only thing that we can't control, I mean there's the sun and the planets. Also, I think that we can actually control bitcoin because whales have been doing this to move the market to their interests.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: BOAEDAN on August 08, 2021, 01:31:47 PM
I am glad that I know a currency which government cannot control it. As bitcoin holder since few years ago, I feel satisfied because I choose bitcoin as investment. I have fiat money and cryptocurrency, my fiat money falue keep decreasing because of inflation while my cryptocurrency price keep increasing although there is extreme volatility in the market. I think our community is very lucky because of bitcoin and blockchain which is needed by the world.
it's true as you said my friend, bitcoin is the only thing that the government can't control, even anyone can't control the bitcoins we hold, the reason that causes many people to invest in bitcoin, because they can freely manage the bitcoins they have , without any third party interfering with their business..


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Sayeds56 on August 08, 2021, 01:40:44 PM
Bitcoin is a decentralized currency that is a virtual currency spread among all man-made. Man cannot control it. It is not right because man must have created it People have control. However, it is difficult to eradicate. But I can never accept that it cannot be controlled at all.

Well said, In deed it is most decentralized currency and has no human interference to control it. Once all 21 Million Bitcoins are mined then even Miners won't be able to supply Bitcoins in the Market but they will become Validators and continue receving transaction validating fee then only Market forces will determine its price based on demand which we can never predict how much it will grow and how many Million Dollars its price will reach due to scracity. Only time will answer this question. DYOR


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: dificanovi on August 08, 2021, 04:44:19 PM
One of the reasons that humans cannot control bitcoin is because bitcoin is decentralized. other people cannot make bitcoins that are similar to the original bitcoins because each coin created has a different address contract, even though the name created is the same as the original bitcoin name but cannot be traded on the market that sells genuine bitcoin. Bitcoin is indeed an advanced technology that cannot be controlled by humans, I am very grateful to satoshi who has created bitcoin so that many people benefit from the results of trading bitcoin.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: Bitstar_coin on August 08, 2021, 05:02:46 PM
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.

You have explained it more better, btc can be controlled by humans but it is not a centralized entity where there are central body to dictate how it is being run, anyone who owns btc have the power to control it (i.e the entire transaction) am totally in control of the btc in my wallet and so are many other people out there who owns btc in their personal wallet, except for those who have their btc in an exchange, even they still have some level of control.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: jostorres on August 09, 2021, 01:35:16 PM
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.
There are so many things that are beyond human control and we all know that. And as for bitcoin, it has to do with us the users, as long as it remains decentralized as it is now, then there is not going to be any problem and no one will control it because it is decentralized. But if we allow it to be controlled, then it would. Right now the community is big enough and there are so many nodes, so it is not going to be that easy to be controlled by anyone. And I love the fact that it can’t be controlled by anyone, because if it was easy to control, then the government would have jumped on it and start controlling it, which wouldn’t be a good idea.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: oHnK on August 09, 2021, 02:06:42 PM
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.
There are so many things that are beyond human control and we all know that. And as for bitcoin, it has to do with us the users, as long as it remains decentralized as it is now, then there is not going to be any problem and no one will control it because it is decentralized. But if we allow it to be controlled, then it would. Right now the community is big enough and there are so many nodes, so it is not going to be that easy to be controlled by anyone. And I love the fact that it can’t be controlled by anyone, because if it was easy to control, then the government would have jumped on it and start controlling it, which wouldn’t be a good idea.

I don't think that Bitcoin and cryptocurrencies are completely out of human control because the market is filled with people so The concept of decentralization does not mean that it is not controlled by humans, but that control is released to each individual and everyone. if it's said to be out of human control It seems like it's not quite right because price movements and volatility are still influenced by demand and supply by every investor and trader.


Title: Re: Bitcoin is the only thing that humans cannot control
Post by: nightxglow on August 09, 2021, 02:10:41 PM
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.
There are so many things that are beyond human control and we all know that. And as for bitcoin, it has to do with us the users, as long as it remains decentralized as it is now, then there is not going to be any problem and no one will control it because it is decentralized. But if we allow it to be controlled, then it would. Right now the community is big enough and there are so many nodes, so it is not going to be that easy to be controlled by anyone. And I love the fact that it can’t be controlled by anyone, because if it was easy to control, then the government would have jumped on it and start controlling it, which wouldn’t be a good idea.

I don't think that Bitcoin and cryptocurrencies are completely out of human control because the market is filled with people so The concept of decentralization does not mean that it is not controlled by humans, but that control is released to each individual and everyone. if it's said to be out of human control It seems like it's not quite right because price movements and volatility are still influenced by demand and supply by every investor and trader.
Yes i agree with your opinion. I also think that bitcoin or cryptocurrency in general are completely out of human control, since in fact we might be able to control it. Not an individual can control it of course, since bitcoin has a high volume of transaction, and i don't think there is a single person with such a big portion or amount of bitcoin until he/she can drive the market as freely as they could. However, if the investors, or the people in this market all work together to move the price into a certain way, of course it's possible to do so, since the demand and supply is all according to us.