41–50 of 262 posts
Earlier quoted context omitted.
> There are 21,000,000 BTC ever ever, you can't print more Untrue. More could easily be printed if that is what the leadership/community wanted.
That would result in a fork, split adoption, and is not nearly as easy as you imply.
Earlier quoted context omitted.
> There are 21,000,000 BTC ever ever, you can't print more Untrue. More could easily be printed if that is what the leadership/community wanted.
Let's take a vote! Who votes to increase the 21M cap, devaluing your own holdings? Sir, it appears the nays have it..
https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposu...
If it is pegged to USD, there is no investment potential. It is just as bad as cash. The idea behind bitcoin is that you don't need to rely on the US government for storing value. There are 21,000,000 BTC ever ever, you can't print more. That article did not address this at all. This is the most compelling reason to buy bitcoin.
> There are 21,000,000 BTC ever ever, you can't print more Untrue. More could easily be printed if that is what the leadership/community wanted.
If it is pegged to USD, there is no investment potential. It is just as bad as cash. The idea behind bitcoin is that you don't need to rely on the US government for storing value. There are 21,000,000 BTC ever ever, you can't print more. That article did not address this at all. This is the most compelling reason to buy bitcoin.
I see you're unfamiliar with Bitcoin SV, Bitcoin Cash, Bitcoin 2, Bitcoin Segwit...
If it is pegged to USD, there is no investment potential. It is just as bad as cash. The idea behind bitcoin is that you don't need to rely on the US government for storing value. There are 21,000,000 BTC ever ever, you can't print more. That article did not address this at all. This is the most compelling reason to buy bitcoin.
> There are 21,000,000 BTC ever ever, you can't print more Untrue. More could easily be printed if that is what the leadership/community wanted.
The reason for Bitcoin’s design is precisely because a centralized/pegged alternative was tried and failed: https://en.m.wikipedia.org/wiki/Ecash Facebook’s currency is not a successor of Bitcoin, it’s an inferior reincarnation of a failed predecessor.
So far, FB's coin looks very interesting.
>Facebook’s currency is not a successor of Bitcoin
Yeah the title is just low-quality clickbait; it's got nothing to do with Bitcoin.
Earlier quoted context omitted.
But what is “BTC”? It’s the version of bitcoin code that people generally accept. Every update to the code is a fork.
That's correct, so anything that isn't generally accepted doesn't have the same support or value. To date there have not been any legitimate forks that I'm aware of.
Here’s my point. Is it theoretically possible for some group of people in the physical world to take actions so that what we generally call Bitcoin has 1 more coin? I strongly believe yes. So the world isn’t as black and white as some people like to say it is.
Earlier quoted context omitted.
But what is “BTC”? It’s the version of bitcoin code that people generally accept. Every update to the code is a fork.
That's correct, so anything that isn't generally accepted doesn't have the same support or value. To date there have not been any legitimate forks that I'm aware of.
If it is pegged to USD, there is no investment potential. It is just as bad as cash. The idea behind bitcoin is that you don't need to rely on the US government for storing value. There are 21,000,000 BTC ever ever, you can't print more. That article did not address this at all. This is the most compelling reason to buy bitcoin.