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Author Topic: Bitcoin is the only thing that humans cannot control  (Read 728 times)
RainbowKun (OP)
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July 02, 2021, 05:12:54 AM
 #1

In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.

The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.

Since the birth of human civilization, nothing has been out of human control. Human beings can transform and destroy nature unscrupulously. All kinds of human science and technology can make human civilization progress continuously and even explore the universe. This is the human civilization built with human as the main body.

But in Bitcoin, humanity has lost their power.

After Satoshi Nakamoto created Bitcoin, Bitcoin has become a new civilization. It exists temporarily dependent on human civilization, but it will not be affected by human civilization. The birth of Bitcoin announced the birth of machine civilization and silicon-based civilization.

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.

The criterion for measuring whether a system belongs to human civilization is whether human can control it. Everything around us is formed by human consensus, which can be controlled or changed by humans. Only human nature, which bitcoin based on, is something that humans cannot get rid of, so humans cannot control Bitcoin. Bitcoin has become an independent advanced civilization system.

Bitcoin's protocol definition is very simple. It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.

The Bitcoin ledger can still exist after net split, and even if there is a world war between humans, the Bitcoin ledger will still exist. Even if all the Bitcoin mining machines are destroyed and most humans go extinct, the Bitcoin ledger will still exist as long as there are two earthlings with two USB flash drives.

As long as the Bitcoin ledger still exists, the ledger will be copied whenever there is a chance. It is easy to rebuild the power grid and restart the Internet, and Bitcoin will be able to resume work soon.

This is another advancement that human has made since stone civilization, mechanical civilization, electric power civilization, and Internet civilization. From being restrained by nature, human is in the era of using and transforming nature. Human will enter an age which limited by what they invented.

Some people may say that humans can control the price of Bitcoin and make profits by letting the price of Bitcoin fluctuate. But the source of Bitcoin's price is not Bitcoin itself. In the Bitcoin system, there is no code for the price of Bitcoin. The price of Bitcoin is an exchange rate between Bitcoin and legal currency introduced by humans to facilitate their own economic behavior.

When the legal currency in human society disappears completely, Bitcoin can still anchor human civilization by itself.

What do you think about this?

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July 02, 2021, 05:18:02 AM
 #2

Other than the obvious fact that there are a hundred things humans cannot control,,, I do not think Bitcoin always was like that and the design is such that we have to work hard to protect this!

Humans can control it if they work together hard enough. In the early days it was possible when there was just a few nodes but today thankfully it is decentralized but if we do not encourage ourselves and other nodes to continue,,, who knows? Or corporations work together to take over majority?

What if people and miners and devs stopped caring about integrity and gave in to big blocks and POS just to solve "scalabitity" problem?

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July 02, 2021, 05:53:47 AM
 #3

Other than the obvious fact that there are a hundred things humans cannot control,,, I do not think Bitcoin always was like that and the design is such that we have to work hard to protect this!

Humans can control it if they work together hard enough. In the early days it was possible when there was just a few nodes but today thankfully it is decentralized but if we do not encourage ourselves and other nodes to continue,,, who knows? Or corporations work together to take over majority?

What if people and miners and devs stopped caring about integrity and gave in to big blocks and POS just to solve "scalabitity" problem?
Indeed, with the cooperation of all mankind, a 51% attack can be easily completed.
But this is just an assumption, because we can never predict the end of the story from a given starting point.
Another extreme point is that if everyone in the world except you gives up mining, then you can easily master btc. Obviously this is also impossible.
Scalability、Decentralization、Security.The three can only take care of two of them at the same time.Or focus on one of them.
For the time being, I don’t consider whether there will be a project that takes all three into account in the future.For the time being, I don’t consider whether there will be a project that takes all three into account in the future.
Bitcoin blockchain technology is a combination of "decentralization" and "security",Scalability has naturally become the most important reason restricting his development.(But now that the blockchain is becoming more familiar to people, scalability seems to be a very important issue)
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July 02, 2021, 06:27:55 AM
 #4

Bitcoin need to be mined with equipments from CPU to GPU and ASIC.

The network need to have ASIC and power as well as Internet connection.

If by any means, all of those sources no longer exist, Bitcoin network will not opereate but will you can find anyone, any antion can do it on global scale?

I believe the answer is no, for now and might still be no in future.

R


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July 02, 2021, 03:03:08 PM
Merited by BlackHatCoiner (1)
 #5

The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.
~
But in Bitcoin, humanity has lost their power.

Lol, what a load of...
If humans would want to completely destroy bitcoin they would simply stop using it, if nobody mines it, nobody uses it, bitcoin is dead.
Actually, in reality, it's a bunch of humans that keep bitcoin alive, without them there would be no nodes, no mining, no usage, in short, no bitcoin.
And one more thing, bitcoin was created by humans, it is getting its code updated by humans, segwit was activated because humans wanted, the taproot lock-on happened also because humans wished for it.

The Bitcoin ledger can still exist after net split, and even if there is a world war between humans, the Bitcoin ledger will still exist. Even if all the Bitcoin mining machines are destroyed and most humans go extinct, the Bitcoin ledger will still exist as long as there are two earthlings with two USB flash drives.

Probably you don't understand what extinction means. Also, I doubt the two surviving earthlings would rush to rebuild the bitcoin network as the first priority unless they own all the coins at that time. What would you do, start with the old chain with all the lost coins or with a brand new one where you're acting like Satoshi?

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July 02, 2021, 03:16:03 PM
 #6

The reason why humans cannot control Bitcoin is determined by the Bitcoin technology itself. Bitcoin's quadratic elliptic curve encryption, and the mining packaging with verification system established in human society, has formed an immune system against humans. Humans’ existing science and technology cannot crack the private key, nor can they successfully attack the entire package verification system. Humans cannot influence the work of the Bitcoin system.
~
But in Bitcoin, humanity has lost their power.

Lol, what a load of...
If humans would want to completely destroy bitcoin they would simply stop using it, if nobody mines it, nobody uses it, bitcoin is dead.
Actually, in reality, it's a bunch of humans that keep bitcoin alive, without them there would be no nodes, no mining, no usage, in short, no bitcoin.
And one more thing, bitcoin was created by humans, it is getting its code updated by humans, segwit was activated because humans wanted, the taproot lock-on happened also because humans wished for it.



Lol

I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.

Certainly that is true, but that is certainly not the only thing a single human can control.

Ofc bitcin is controlled and maintened by humans

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July 02, 2021, 03:26:54 PM
Last edit: July 02, 2021, 03:36:56 PM by stompix
 #7

Lol
I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.

I pretty much doubt that, once you start saying things like:
Quote
Bitcoin has become an independent advanced civilization system.
it's one of the two:
- you're really happy the weekend has come and you're already on the 6th beer
- you've took a second mortgage on your house to buy bitcoins

Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slotCheesy


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July 02, 2021, 04:10:01 PM
 #8

I think it's as Good as that because it's model after nature. More like how a network/system is designed for millions of cells to co-operate and work together with no one having ultimate control over the whole. In my opinion, if you create something that works abit like nature you could end up creating something revolutionary and better than existing man-made artificial alternatives.

There will always be viruses or rogue cells trying to hijack the whole system and its consensus.
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July 02, 2021, 04:15:08 PM
 #9

I do think that there are plenty of things humans have no control of, but when we talk about the economic section, there is Bitcoins which is decentralized and away from all the manipulation. But then again not entirely. You should understand that bitcoins as a whole is controlled by many people from behind the curtains. In theory it might be decentralized but for real, there are whales controlling the price together. Look at Elon Musk making a fool of himself on Twitter and the whole community following his guidelines. I do believe that it was made in such a way that it can't be controlled but then we are right now in a situation where it's very liable to manipulations etc.. the whole system is not ideal even if the base was meant to be different.

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July 02, 2021, 04:57:09 PM
 #10

Over the previous decade, bitcoin has acquired consideration—from standard people—yet additionally from governments all throughout the planet.
A few governments dread that bitcoin can be utilized to bypass capital controls, can be utilized for tax evasion or unlawful buys, and could be dangerous to financial backers.
In any case, others have voiced more foundational worries over the decentralized digital currency's capability to destabilize or subvert the position or control of national banks.

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July 02, 2021, 10:02:42 PM
 #11

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network.
You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.

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July 02, 2021, 10:54:37 PM
 #12

Bitcoin is the only thing that is fully decentralized and virtual type. It cannot be controlled by governments, central banks even police forced. It completely online virtual cryptocurrencies which has no proof of transactions and file of documents where it's formulas can be found. So I think its very hard to control by humans.

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RainbowKun (OP)
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July 03, 2021, 02:49:06 AM
 #13

Bitcoin is the only thing that is fully decentralized and virtual type. It cannot be controlled by governments, central banks even police forced. It completely online virtual cryptocurrencies which has no proof of transactions and file of documents where it's formulas can be found. So I think its very hard to control by humans.

Yes, no matter whether it is a human individual or a human collective, Bitcoin cannot be controlled, let alone eliminated. This is why I say that Bitcoin represents a whole new civilization.

As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network.
You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.

Here, I don't think miners are the negative side. Instead, I think miners are an important part of the bitcoin network. What I want to express is that it is profitable to earn bitcoin by mining. As long as there is profit, there will always be miners, and the bitcoin network will never be destroyed.

I do think that there are plenty of things humans have no control of, but when we talk about the economic section, there is Bitcoins which is decentralized and away from all the manipulation. But then again not entirely. You should understand that bitcoins as a whole is controlled by many people from behind the curtains. In theory it might be decentralized but for real, there are whales controlling the price together. Look at Elon Musk making a fool of himself on Twitter and the whole community following his guidelines. I do believe that it was made in such a way that it can't be controlled but then we are right now in a situation where it's very liable to manipulations etc.. the whole system is not ideal even if the base was meant to be different.


Yes, this is also an important part of what I want to express. Some individuals of us can control or influence the price of Bitcoin through some methods, but they cannot influence the Bitcoin network itself.

In the Bitcoin network itself, there is no line of code about price at all. The price of Bitcoin is what we humans attach to Bitcoin. Belongs to the exchange rate between Bitcoin and legal tender. Even if there is no such exchange rate in the future, we will still use Bitcoin itself as a medium of exchange.


Lol
I guess the OP tried to say  that bitcoin is a thing that no "single human" can control.
Quote

Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slot?  Cheesy


What I want to express here is that neither a human individual nor a human collective can control Bitcoin. We can all understand that individual humans cannot control Bitcoin. Why can't the human collective control Bitcoin? Because humans themselves cannot reach a consensus on this point in controlling Bitcoin. As long as there are interests, there will be some people who will maintain the Bitcoin network because of their interests, and they will not be able to eliminate the Bitcoin network fundamentally. The stronger the consensus and recognition of Bitcoin by human beings, the more scattered the computing power of Bitcoin, and the stronger the vitality of Bitcoin.


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July 03, 2021, 02:52:45 AM
 #14

People can come together and collectively stop using bitcoin and that's the end of the cryptocurrency as we know it. It's not that people cannot control it, it's just that they don't want to, as it's the closest thing that we can get to escaping fiat and the banks. Also, people are still getting something from bitcoin, so it would be unwise to let it go to waste this early, or abandon it just because humans can. There is always a possible breaking point for bitcoin, though it is difficult to achieve but not impossible, and one of that is control. Just take someone who has virtually infinite funds and access to the most advanced ASIC systems, and bitcoin is hijacked.

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RainbowKun (OP)
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July 03, 2021, 03:09:50 AM
 #15

People can come together and collectively stop using bitcoin and that's the end of the cryptocurrency as we know it. It's not that people cannot control it, it's just that they don't want to, as it's the closest thing that we can get to escaping fiat and the banks. Also, people are still getting something from bitcoin, so it would be unwise to let it go to waste this early, or abandon it just because humans can. There is always a possible breaking point for bitcoin, though it is difficult to achieve but not impossible, and one of that is control. Just take someone who has virtually infinite funds and access to the most advanced ASIC systems, and bitcoin is hijacked.


In a very ideal state, Bitcoin can be controlled or eliminated. But in human reality, human beings can no longer interfere with Bitcoin at all. Human greed and fear determine that humans cannot reach a consensus on the point of controlling Bitcoin. Some people can control or influence the price of Bitcoin, but they cannot intervene in the Bitcoin decentralized network.


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July 03, 2021, 08:17:02 AM
 #16

In my opinion, Bitcoin is the only thing that beyond human control.
Actually bitcoin is the ONLY thing that humans can control. The only difference is that the "control" is not on one person or one organization but the power to control is spread among all bitcoin users. Whenever you run a full node to enforce the consensus rules or own hashrate to vote for changing them, you have part of that control.

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Bitcoin's quadratic elliptic curve encryption,
There is no such thing as "quadratic elliptic curve encryption" or encryption in general in Bitcoin protocol.

Quote
Bitcoin's protocol definition is very simple.
The protocol is actually complicated.

Quote
It uses the principle of irreversible entropy increase to keep humans out of the door to control it. No individual human being can crack the private key of Bitcoin and obtain Bitcoin, not even the entire human race.
You seem to believe that "control" equals "hacking" and not being able to crack bitcoin means people have no control. But that is not the definition of "control" which you keep repeating.

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July 03, 2021, 08:21:59 AM
 #17

Bitcoin has really made a huge difference in the world. Until it's first release in the market, we had only fiat money which has been under control of the governments. But Bitcoin has upset the balances. It can't be controlled by anyone, any group etc. . It's the beauty of Bitcoin. It's the thing that draws people's attention.

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July 03, 2021, 08:37:13 AM
 #18

Very weird assumptions you are making there OP. If Bitcoin can't be controlled, tell me, what happens if all miners shut down their equipment and stop mining forever? How will your next transaction be confirmed? Isn't that a way in which humans can control the network? I am not interested in what the chances are of something like that happening, only that it is theoretically possible. Didn't the Chinese government take control and decide what the Chinese miners can and cannot do a few weeks ago? No one can control Bitcoin you say, but can you run your mining operations without electricity?

What about full-nodes and the decentralization aspect of Bitcoin. Can't that also be influenced if all full-nodes left the network for whatever reason and we would be down to just two? Is bitcoin then a decentralized currency?     

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July 03, 2021, 08:45:23 AM
 #19

As in my opinion, bitcoin is fully open source and we can say that decentralized. Which in other words we can say that anyone can easily access the entire code at any time he wants. And From these statements we can say that no organizations and individual can control bitcoin, and we can also conclude that the network becomes secure.

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July 03, 2021, 09:18:55 AM
 #20

Very weird assumptions you are making there OP. If Bitcoin can't be controlled, tell me, what happens if all miners shut down their equipment and stop mining forever? How will your next transaction be confirmed? Isn't that a way in which humans can control the network? I am not interested in what the chances are of something like that happening, only that it is theoretically possible. Didn't the Chinese government take control and decide what the Chinese miners can and cannot do a few weeks ago? No one can control Bitcoin you say, but can you run your mining operations without electricity?

What about full-nodes and the decentralization aspect of Bitcoin. Can't that also be influenced if all full-nodes left the network for whatever reason and we would be down to just two? Is bitcoin then a decentralized currency?     

Code:
“If you can’t start with human emotions and reactions and predict the future they will bring about, you can’t do the 
reverse either. You can’t start with a future and predict the human emotions and reactions
that will bring it about.”

Given a starting point----most human beings hate Bitcoin, the final result may not necessarily lead to the extinction of Bitcoin.

On the other hand, even if Bitcoin eventually perishes, it may not necessarily be caused by all most human beings’s resistance to Bitcoin.

  • The possibility of all pools being united is very low. With the withdrawal of the pool, the difficult will become lower and lower, resulting in a higher probability of the same device to complete the hash collision and higher returns.
Code:
expected / actual = 20160 / actual
expected / actual = (2016 *10) / (2016 * 9) = 1.11
difficulty * 1.11 = new difficulty
  • Even if all pools are closed, it does not mean that no one else is involved in mining for profit.

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