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Author Topic: Can Bitcoin be counterfeited.  (Read 664 times)
Marucya
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January 20, 2018, 01:12:13 PM
 #21

I think it's impossible to forge bitcoins, since all bitcoin transactions are transparent, saved forever, and all of them can be tracked. From nowhere, a new block simply can not arise. And if it does, it will simply fall out of the system and it will be immediately visible.
asdfbna
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January 22, 2018, 08:32:56 AM
 #22

Unlike most currencies, Bitcoin is not issued by a specific currency agency. It is generated through a large number of calculations based on a particular algorithm. The Bitcoin economy uses a distributed database of nodes in the entire P2P network to confirm and record all transactions, And use cryptography to ensure the safety of all aspects of currency circulation. P2P decentralization and algorithms themselves ensure that currency can not be artificially manipulated by massively producing bitcoin.
MilkBi
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January 22, 2018, 08:49:34 AM
 #23

I believe that bitcoin can not be tampered with, because bitcoin has been proven over the years and we have not heard of bitcoin spoofing. In fact, people are investing in bitcoin, also trust the bitcoin because it is highly secure, well-secured and a source of income for them.
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January 22, 2018, 08:55:38 AM
 #24

No bitcoin cannot be counterfeited.  This is just not possible because of the way bitcoin was coded.  You just can't make actual bitcoins out of thin air.

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