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It's a good thing that it's decentralized... lol.

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It's a good thing that it's decentralized... lol. (If it doesn't load, just hit refresh a couple of times.)

(post is archived)

[–] • 1 pt

You know what bitcoin is? Nothing. Nothing at all. Just numbers in a computer. That's how much real value it has. Zero.

[–] • 0 pt

As is the case with all kinds of e-money that banks want to push through the mandated use of credit cards.

[–] • 1 pt

So you are saying China could 51%?

[–] [deleted] • 1 pt

They could... and if you'll also notice, this disruption has caused transactions to take hours to complete.

[–] • 1 pt

The difficulty should quickly adjust, 51 is a very bad deal though.

[–] • 0 pt

Bitcoin has never been known for quick transactions. Does anyone really care if their transaction takes 2 hours instead of 1? The exchanges are still functioning just fine.