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Author Topic: Bitcoin's evolution  (Read 1286 times)
Amph
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April 26, 2015, 02:04:51 PM
 #21

How do you see the future of BitCoin Network?

It will probably mimic bittorrent. As its popularity increases, corporations and banks will use their limitless powers to keep it underground.

How can they do that exactly? Surely the popularity of torrents and that torrent sites are even still going shows that they are powerless to stop these kind of decentralized systems.

maybe they cannot destroy it, but they can certainly limit it, to a point where it will become useless, or controlling it indirectly, by forcing the miner(in case of bitcoin) to do a 51% attack, simply by paying them more(slightly more) than what they earn with their gear
panck4beer
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April 26, 2015, 09:03:38 PM
 #22

stability comes with further adoption. The more buyer and sellers there are, the harder it will be to change price.

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