Saothsi worked too hard on Bitcoin to 'deny' his coins. Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?
Hell yeah it is... This post is just nonsense if not a bad troll atempt. India got himself ignored by me, I hope you all will consider doing the same. Zero tolerance for trolls, Bitcoin is too important.
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If coins held by Satoshi is destroyed/denied my democracy called Bitcoin. I'm sure, everybody gains. And every rational human being tries to maximize profits. So why aren't they denying his fortune which in fact is no use( Of if it is used in future, it would only cause instability to Bitcoin economy) Why not people are working on it? Is Bitcoin truly democratic? Genius like him are never into money. What good is money for him?. Out of curiosity what is your native language? Hindi! Any comments? Same as the slumlord who owns my building, he's a selfish greedy piece of shit too. That is probably a coincidence, though, to be fair.
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GG fiat, you just lost the game.
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Bitcoin has been melting up logarithmically since its inception. This will continue for at least as long as BTC is still being mined (100+ years).
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Of course it is. No one controls it and it can't be destroyed. The concentration of hash rate in one country is something that might need to be addressed in the future but the currency functions just fine.
I cannot agree. This time "People in that room represented over 50% of the world’s bitcoin miner production". How about next time? 75%? If "People in that room" make a decision to do short for bitcoin, and they may hold short on exchanges, what can we do?
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Please, fork and destroy Satoshi's coins.
Since I will then have coins on both protocols, I will immediately sell all of my theftcoins and use the proceeds of that sale to purchase more bitcoins.
Love it, didn't even think of that! Not that anyone would be stupid enough to buy your theftcoins at even 1/10th the value of true BTC. If these clowns think the value of Gox coins tanked fast, that's nothing compared to how fast the value of anti-satoshi coins would tank.
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Pump about 1 mil into BTC. Wait an hour. Sell. Happens every day in fractions of that amount because that is how easy it is to influence the price. There's a reason US exchanges have a 50K limit.
Believe it or not, even these pump and dumps are good for Bitcoin. Moreover, you'd be far better off holding that mil in BTC for 1 year than selling a day later.
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It's becoming ever more clear to to me that the communists are actively trying to centralise and control Bitcoin.
Assholes want to micromanage peoples daily lives, thoughts and have the ability fuck with your money at will.
Keep bitcoin decentralized at all cost!
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Genius like him are never into money. What good is money for him?. You're right about geniuses not being into money, but you don't need to destroy Satoshi's coins. It should be clear by now that Satoshi never intended to spend any of it. Bitcoin is her/his/their gift to the world. Think about that. Really let it sink in.
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It's funny that every member of Bitinstant ended up being a criminal. "Your Honor, years ago I recognized my kinship with all living beings, and I made up my mind that I was not one bit better than the meanest on earth. I said then, and I say now, that while there is a lower class, I am in it, and while there is a criminal element, I am of it, and while there is a soul in prison, I am not free." -Eugene V. Debs Debs was sentenced on November 18, 1918, to ten years in prison. He was also disenfranchised for life. Debs presented what has been called his best-remembered statement at his sentencing hearing. What do the selfish capitalist cowards of the world have to say in response to that, I wonder?
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As long as the unknown 43% is not from the same source, it is ok for me.
This.
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What are some coins (empty, don't even need to be usable I just want them because I like shiny stuff) that are like this or even better for bitcoin ?
https://www.casascius.com/
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Miners will be persuaded to stop mining or to leave to an altcoin. You could not be more wrong if your life depended on it. BTC will be so valuable in 5 years the difficult will be irrelevant. This is like a Gold Rush where only a fraction of the prospectors realize the "gold" is actually diamond-laden Technetium.
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they are subject to oversight by U.S. congress. Aren't we all.... subjects, in this neo-feudal capitalist caste system?
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I have noticed that in terms of US Dollars both BTC and alt coins have a positive correlation.
It is however important to note that alt coins offer very little additional value from Bitcoin. All wisdom needed found here.
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So shitty alt-coins are a tool to separate fools from their money? Yes, we know that. Nothing to do with bitcoin then.
This /thread + /ignore
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Don't just question authority, SMASH IT!Also, Mircea Popescu is a living sage and you should shut your grubby little obedient mouths and pay attention.
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Destroying bitcoins (losing keys / forgetting passwords) = giving away your coins to every other bitcoin holder in the exact proportion of their holdings.
So for all you morons out there in the world, let me take this moment to preemptively thank you.
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What stage of bitcoin adoption is required before the following takes place:
1. USD is dethroned as the world reserve currency 2. US economy tanks and bankrupts the country
No stage of bitcoin adoption is required for these things to happen. These eventualities were set into motion long before Bitcoin was invented. It's self-destruction at its finest.
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