Post
Topic
Board Legal
Re: Why hasn't any government stopped Bitcoin?
by
Hyperme.sh
on 05/10/2017, 16:41:14 UTC
Simply, Bitcoin is currently a decentralized open-source voluntary p2p network.
Each of the above terms prevents specific legal actions from occurring to the network.

[…]

Excellent post! Indeed.

However, please note Bitcoin was created for a specific purpose by a specific entity[1], and some additional evidence of that is that recent research has shown that Bitcoin must become 51% centralized (in terms of control) because as transaction fees become greater than protocol block reward, the incentive to converge on a consensus is lost.

And no, the Byzcoin research doesn’t ameliorate (solve) this problem.

Also Satoshi put double-hashing every where except on the PoW, thus enabling AsicBoost intentionally.

Everything was exquisitely premeditated and planned out for the move towards Nash’s Ideal Money but with a twist where that currency becomes entirely centralized on a hill in Israel (per biblical Revelation).

Enjoy.

Im fairly certain nash instrumented btc.

No he was just the excuse.


[1] to bring about the world government by destroying the exclusive jurisdiction of the nation-states over money per John Nash’s Ideal Money concept but with a twist where they designed it purposely to become entirely centralized in their control