Post
Topic
Board Altcoin Discussion
Re: Do you think "iamnotback" really has the" Bitcoin killer"?
by
iamnotback
on 07/01/2017, 01:31:22 UTC
Proof-of-work coins such as Bitcoin, Monero, and Zcash will lose all their security in the coming crisis, because miners won't be able to exchange BTC for fiat to pay their electricity.

Considering how stupid that statement is, I highly doubt the answer is yes.

I was referring to Jim Rickards' prediction that the elite will shut down the financial system for a period of time. I am saying that if that period of time is of sufficient duration that BTC can't be exchanged for fiat to pay for electricity, then mining farms have to shut down.

You do realize the Conspiracy Industry is a scam (billions stolen, stock market at all time high)?
Kinda like the Global Warming scam (trillions stolen, no independent double-blind studies = no science)?

Good point.

A bretton woods #2 seems to be coming, but the level of disruption doesn't necessarily have to be as extreme as what Rickards needs to promote his book sales.

But maybe you should focus on executing your crypto design (as opposed to "saving the world" for pinheads).

When I am sick and suffering insomnia, then I can't execute, so I take my frustration out on pinheads. That is the stark reality of my debacle. The whitepaper is real and my angel investor has access to it, in case something happens to me. I am sure he wants to recoup his investment, so he will be able to if he handles the whitepaper correctly if I can't proceed.

I need to get a health cure. I don't think I can execute otherwise. Pisses me off and I don't want to admit it.