MRKLYE
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Activity: 1358
Merit: 1003
Designer - Developer
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March 05, 2021, 04:24:19 PM |
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IF only that happens. It's good to let the people know more about bitcoin and let them use it to see the benefits. The time will come that everybody is using it and let's see if governments and central banks would still insist not changing their point of view. It will be their loss especially the citizens are using it, they're not looking onto the bright side of having bitcoin. As long as it stays decentralized, it will be the hub of people for their financial assets.
BTC mining is basically centralized at this point. Only a small handful of groups have majority of the hashing power. The dream of decentralization of BTC died effectively once China started doing massive ASIC chip batches in their foundries and stacking warehouses full of SHA256 brute force machines. :/ |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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carelessboy
Member
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Activity: 336
Merit: 10
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March 05, 2021, 05:34:59 PM |
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in Middle Ages no money they use gold coin, silver coin. you think about it day by day we are very firstly and digital. we know many people say bitcoin is a digital money. i agree with you we can,t walk with one millions dollar in our pocket .very risky for everyone.but in bitcoin wallet we will carry it very easy and secure.hope after 5-10 year bitcoin will world power.
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MRKLYE
Legendary
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Activity: 1358
Merit: 1003
Designer - Developer
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March 05, 2021, 05:37:39 PM |
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in Middle Ages no money they use gold coin, silver coin. you think about it day by day we are very firstly and digital. we know many people say bitcoin is a digital money. i agree with you we can,t walk with one millions dollar in our pocket .very risky for everyone.but in bitcoin wallet we will carry it very easy and secure.hope after 5-10 year bitcoin will world power.
You could have a Credit Card in your pocket with access to way more than a million bucks man... |
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worldofcoins
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March 05, 2021, 05:57:31 PM |
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I'm still waiting for western BTC investors to realize that China could 51% BTC any time they please.. XD
Wait you mean China can 51% attack on bitcoin anytime they please, are you serious? Also, can you elaborate more on this? Thanks |
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BChydro
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March 05, 2021, 11:51:33 PM |
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I'm still waiting for western BTC investors to realize that China could 51% BTC any time they please.. XD
There were reports that came this week that China is planning to ban bitcoin mining which means their domination in terms of a mining hub will be over soon as most of the miners were planning to shift to new countries last year and some of them migrated as well to other countries and i do not think that China holds more miners than the rest of the world and even if they could do an 51% attack why would they kill a golden goose  . |
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Matimtim
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March 06, 2021, 06:06:08 AM |
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Money has a power in this world and bitcoin is digital currency used by almost all people in the world, in short many people in this world use it as money, in that way bitcoin became the power of this world because we can do things using it.
All things in this world has an end so if we prove that bitcoin is one of the power of the world because imposible things make possible because of bitcoin, like if you're imposible to get rich before because you dont have permanent job as source of income or business, but through bitcoin you can make your future if know how to use it wisely.
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Jordi129
Jr. Member
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Activity: 205
Merit: 4
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March 06, 2021, 08:43:33 AM |
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Bitcoin is a leading cryptocurrency and it will probably stay so for a longer period of time but it will not turn into world power. We still live in world of fiat currencies and our economies depend on it. This makes adoption and its usage more effective than an implementation from the top order based on his usage within the final couple of a long time we've seen how a few nations are attempting so difficult to set directions on cryptocurrecy and attempt to have a small bit of control; and since Bitcoin is an autonomous, and govt can't truly control it, a few have gone ahead to either boycott the coin and may launch their central bank advanced cash.
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Jazzi Mahesh
Jr. Member
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Activity: 99
Merit: 1
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March 06, 2021, 09:55:08 AM |
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Bitcoin continues to lead the pack of cryptocurrencies in terms of market capitalization, user base, and popularity. Other virtual currencies such as Ethereum are being used to create decentralized financial systems for those without access to traditional financial products.
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MinoRaiola
Legendary
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Activity: 2114
Merit: 1588
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March 06, 2021, 10:42:35 AM |
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I think most people don't need a bank to store their money. to receive credits or money, yes, but it doesn't have to be for storing assets. it doesn't do anything anymore ... there is no interest, or even negative interest if there is too much money. So it is uninteresting to have your money in a "bank". The power of Bitcoin ist the solution.
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geegaw
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March 06, 2021, 04:33:47 PM |
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I think most people don't need a bank to store their money. to receive credits or money, yes, but it doesn't have to be for storing assets. it doesn't do anything anymore ... there is no interest, or even negative interest if there is too much money. So it is uninteresting to have your money in a "bank". The power of Bitcoin ist the solution.
That is just your personal thinking, most of the others still trust banks in the matter of money and interest protection because under the regulation of government and law, banks are very transparent and safety ratios are almost absolute, bitcoin can bring more interest, which is a strong point but without any protection laws, value can be controlled and very volatile. Bitcoin is just a small force and is particularly well known in the investment sector, enhancing its role and comparing with world power is probably too much hype |
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mano786
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Activity: 240
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March 06, 2021, 05:16:20 PM |
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Those country hasn't been accepting Bitcoin, most probably they will regret at the end eventually. Because its value and price both have been increasing day by day. Due to a strong community, I believe Bitcoin would act world power once a time.
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nightxglow
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March 06, 2021, 05:32:55 PM |
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Actually bitcoin is already a leading cryptocurrency, and although it may not be a world power yet, it's quite dominating in the cryptocurrency world. And with these trading influencer spreading words about bitcoin like how it is this time, i think it won't take long until bitcoin becomes more well-known and used by many people. Although i might say, making government supporting bitcoin is a hard task, especially if we want world power where it must be done worldwide. Sadly, even now there are still many countries banning bitcoin, so it still take a long way to go.
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Alte_Volant
Newbie
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Activity: 2
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March 07, 2021, 09:19:51 AM |
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There is a reason why it's value is going upward constantly...
altcoins are trying to gain momentum but it doesn't seem to get attraction as the "real deal". So there is a fine line where originality pertains its nature to be dominate. This is a simply psychology. People always want new and original. Just like the First movie of the series is the best one out of the rest... eg. Fast and the Furious Lol.
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rabs
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Activity: 176
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March 07, 2021, 08:11:52 PM |
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Still most of nations not eventually admissible in all nations and risky to legalize, it has no likelihood of getting to be a world control. But in the event that we see at its ubiquity and take note the rest of the endeavors, it is no slight. It must be precise to pick up validity and Bitcoin is performing just that. In spite of the fact that it could be a trick it is going through its best bear. So from my point of see, I can official that bitcoin as a world control.
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Wawa2013
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March 07, 2021, 08:44:31 PM |
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If we look at Bitcoin's performance this year and also several large companies that have started investing in Bitcoin, I believe Bitcoin has become
a world power. Even Bitcoin has saved many people in a pandemic situation like now, by being a good source of income. I myself have made a lot of
money investing in Bitcoin, and I believe Bitcoin can make more people rich in the future with its power.
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Zionatin
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March 07, 2021, 10:55:08 PM |
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I would say so.. This is why banks are up in knots and governments all excited about bitcoin. They know something big is coming and they know they can no longer hide their corruption. Bitcoin is more of a safe haven for the trust of the people to place their value in rather than fiat which constantly loses value all the time. I would stick with crypto thanks. The government must do its own thing. SO, yes I certainly would say it is a world power to be leaving such an impression on so many people.
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bct-user
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March 07, 2021, 11:59:11 PM |
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So from my point of see, I can official that bitcoin as a world control.
A world control? I think it is too early if you say Bitcoin as a world control. It is possible but I think it is not for now. Let's wait for the more massive adoption of Bitcoin. In 2020 and 2021, the signs for more massive adoption of bigger parties in the world are clearly seen by many top companies and popular people in the world join Bitcoin investment. |
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Argoo
Full Member
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Activity: 2268
Merit: 225
#SWGT PRE-SALE IS LIVE
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May 25, 2021, 02:05:00 PM |
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Actually bitcoin is already a leading cryptocurrency, and although it may not be a world power yet, it's quite dominating in the cryptocurrency world. And with these trading influencer spreading words about bitcoin like how it is this time, i think it won't take long until bitcoin becomes more well-known and used by many people. Although i might say, making government supporting bitcoin is a hard task, especially if we want world power where it must be done worldwide. Sadly, even now there are still many countries banning bitcoin, so it still take a long way to go.
A state in which there would be a decentralized cryptocurrency as national money does not exist and cannot exist in principle, because the state and decentralized finance are incompatible. So I don't understand the idea behind this post. Bitcoin will never be associated with any state. Bitcoin as a world power is a slogan that has no practical meaning. |
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Roy Asher
Member
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Activity: 96
Merit: 10
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May 28, 2021, 07:46:34 AM |
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If the leader of a country strongly supports the development of Bitcoin, it will definitely promote the development of Bitcoin. Similarly, if the leader of a country strictly prohibits the trading and mining of Bitcoin, as in China, it will definitely have a significant impact on the development of Bitcoin. For example, the price of Bitcoin has fallen sharply. But, believe me, this must not be the factor that determines the survival of Bitcoin. Bitcoin has many nodes. Even if a country does not allow the use of Bitcoin, this will not have any serious impact on the development of Bitcoin. I will always believe in Bitcoin. This is a belief.
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samsul1234
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May 28, 2021, 09:40:14 AM |
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This will increase the creativity in bitcoin world.Have we thought of this, I’m seeing bitcoin leading the world as the world power cryptocurrency.If a president of the world power is a trader and in support of bitcoin, It will affect bitcoin positively, countries,people will now start to legalize bitcoin on their own.So it will be great if this happens, I do understand that bitcoin is not a physical cash, that doesn’t stopped anything,You can move with millions of dollars in your wallet as bitcoin. It will be a positive impact if this happens.
hello sir, I agree with you that bitcoin might become a giant when all countries allow bitcoin to be on state exchanges, but big people will also flock to follow the bitcoin flow, the impact of bitcoin will be flat trading and will be like a currency what the general world is today and all countries will probably negotiate bitcoin to become a fixed currency at a controlled price |
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