Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Adrian-x
on 26/05/2015, 22:35:15 UTC
Still I don't get it, why bitcoin is risky put with all movements and effort that are put into ?

if it wasn't it would be worth a lot more,

I'm long on Bitcoin, but there is a lot going on and lots of politics. in practice what I'm seeing is political pressure is rivaling the mechanics that makes up the protocol.
This is a huge risk to the future of Bitcoin imo many don't see it as they are practical motivated and circumvent social engineering and political situations. If you can tweak the mechanics of the protocol by leveraging political pressure then Bitcoin will be leveraged by political pressure. Bitcoin does what the economic majority want, the only question in my mind is does the economic majority want to adopt the immutable rules of Bitcoin, or does the economic majority want to tweak the rules by manipulating politics.