Im pissed & very confused lol!
I cant wait till sub $100 btc prices so all these megamines fucking go out of business.
I don't get you. You are pissed because the Bitcoin network is increasing its security at the cost of your profitability. But with no security your profitability would be 0 or negative.
Increasing security?!?!? are you that ignorant? A single entity could easily put in an order for all the new hashrate coming online and because all the ASIC suppliers dont give 2 shits about the health of BTC, of course they would sell to that entity. So, its just more opportunity for a agency / government to swoop in and build up over 50% network hashrate then easily attack it, undermining bitcoin.
It can happen at any fucking diff....
The only security or 'trustless' state that bitcoin will ever achieve is when the chance of a 51% attack is nil or never even possible. Till then u still have to trust the people involved in bitcoin, its not so 'trustless' like everyone touts.
But everyone just ignores that fact and pretends its not an issue... its a GIGANTIC issue that needs to be resolved before Bitcoin can ever become 'mainstream'
Anyways, yeah tangents I know but....fuck this community needs to wake the fuck up.