Bitcoin Forum
June 14, 2024, 06:48:05 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Can the cap supply be decreased after bitcoin has been hijacked?  (Read 200 times)
very_452001 (OP)
Sr. Member
****
Offline Offline

Activity: 1056
Merit: 270



View Profile
July 30, 2017, 04:16:34 PM
 #1

Lets say miners got their way and centralised bitcoin meaning it can change bitcoin rules like changing the cap supply. What if they decide to decrease the cap supply to 17 million instead of increasing it so they can manipulate the price to all time highs and cash in on it?

Holliday
Legendary
*
Offline Offline

Activity: 1120
Merit: 1010



View Profile
July 30, 2017, 04:18:34 PM
 #2

Miners can't force you to run their node software.

If other users don't run their software either, they won't be forcing anything on anyone.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!