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We can't fight this alone folks. Choose your future.

>We can't fight this alone folks. Choose your future.

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[–] 0 pt (edited )

They can steal it through scams and hacks. Look at mtgox. 650,000 coins stolen over an extended period with an owner named (((Karpeles))) who has scammed people before and is now the CTO of PIA VPN.

Mt Gox is an exchange. Exchanges are not part of crypto; as sort of an analogy, you wouldn't store all of your USD on www.scam-me-now.com. You would keep it in your wallet. Crypto should be kept in a wallet that you control. If it isn't in your wallet, it isn't under your control. Another point in crypto's favor in that respect is that there have been plenty of instances of governments confiscating's money from people's bank accounts.

Code can easily be changed at any time to remove the 21 million coin limit if they so choose. Since they premined millions of coins, they won't be doing that anytime soon because they plan to use it to enrich themselves, for money laundering purposes, and to get people to trust this "amazing new technology".

You would have to fork the code and then convince everyone using the old code that they should use the new code. This has happened thousands of times, but there are only a few versions of bitcoin; generally, people will choose to use the code-base that they like the most. Changing the code in this way doesn't affect anyone that doesn't want to use the new fork. There are plenty of people using the original Bitcoin even though there are a few other versions that have forked away from the original development path. Personally, I like hard, unchanging limits on how much currency can be created in a particular crypto. So, I don't use any that don't have such a limit.

There are economically illiterate coins like dogecoin with no upper limit on the amount produced. People do use it. I don't use it for the aforementioned reasons.

It can be controlled through miners and mining pools. They control the foundation that decides what upgrades the main 'BTC' receives, including intentionally keeping a miniscule 1mb block size.

It's a work in progress. Bitcoin, being the first crypto is just the initial spark that created crypto. I don't own any because I don't think it can compete with the other cryptos in the long run due to the 1mb block size, the dogshit dev team, etc. Crypto is an emerging technology. I expect the pool problem to be solved eventually, probably not by bitcoin, but by some other crypto.

We should have CBDCs once they finish working out the kinks with BTC and other shitcoins and completely destroy the value of fiat currencies worldwide.

Think about it: fully public ledger where they can track every transaction ever made. No more using cash to stay off the radar for anything.

I wouldn't use one with a fully public ledger, at least not in any way that they'd be able to tie to me. Again, I think a privacy oriented crypto is going to win over any sort of public one. Fiat currency continually destroys itself. 80% of USD in circulation was printed in just the last 2 years. Fiat itself is a shitcoin, imho.

They'll try to implement a state-backed crypto to avoid losing complete control over the monetary system, but it will be impossible for them to wipe out a cryptocurrency that they don't control. It'll be more difficult than stopping people from pirating media and software.

There are currently several thousand cryptos, with thousands of man-hours per day going into further development in thousands of different directions, both dystopian and anti-dystopian. There are enough people that don't want to take part in the NWO and care about things like privacy that it is pretty much inevitable that there will always be further development of cryptos to that end.