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Author Topic: was just thinking.  (Read 830 times)
XXthetimeisnowXX (OP)
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April 12, 2013, 03:36:11 AM
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hay, ya know that new thing... somthing about decentralized currency? well I was just thinking that maybe we should all throw it into on centralized location. just one place and essentially one server that controls it is a fantastic idea. now we will just trust them with "the bitcoin" cuz they are nice good people. oh whats that?? we allready do do that??? oh well good i just wanted to make sure. hooray for thinking:)\


keep up the good work everyone shaka
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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GeniuSxBoY
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April 12, 2013, 03:38:26 AM
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People like action

Be humble!
Mike Christ
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April 12, 2013, 03:38:52 AM
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Oh, you!

HappyBitCoinUser
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April 12, 2013, 03:39:24 AM
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A centralized decentralized currency, eh?
XXthetimeisnowXX (OP)
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April 12, 2013, 04:14:40 AM
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Oh, you!


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April 12, 2013, 04:15:22 AM
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Brilliant!

Elon Krusky
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April 12, 2013, 04:18:19 AM
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hay, ya know that new thing... somthing about decentralized currency? well I was just thinking that maybe we should all throw it into on centralized location. just one place and essentially one server that controls it is a fantastic idea. now we will just trust them with "the bitcoin" cuz they are nice good people. oh whats that?? we allready do do that??? oh well good i just wanted to make sure. hooray for thinking:)\


keep up the good work everyone shaka

Oh you mean like Mt. Gox..... Oh wait
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April 12, 2013, 04:29:22 AM
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A centralized decentralized currency, eh?

It's always been that way.

Give people a distributed mining setup and they give away their freedom, security, and self-dependence for a reduction in variance.

Give people a working peer2peer currency and they beg for a central bank to take away their freedom, security, and self-dependence.


Most people are so used to being abused they don't want the abuse to stop. It's all they know.

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