Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
phishead
on 01/12/2018, 16:22:32 UTC
⭐ Merited by Hueristic (1) ,Bitcoinaire (1)
I'd recommend storing all wealth in something you control. Remember if you don't own your keys, you don't own bitcoins.

You and everyone else in this thread need to stop your stupidly obvious lies.  Holding private keys does not mean you control the coins.  Craptocurrency is no real difference from "cloud storage".  The designed to centralize mining monopolies (aka transaction validators) running the infrastructure are the only people who control the coins.  You have absolutely no fucking say whatsoever in whether they allow or disallow you to do something with the so called "money" you pretend to own.

Anyone who disagrees with this is an obvious liar because we've already had numerous examples of cartel collusion blacklists and arbitrary freezing of coins in almost every blockchain, from things like Silk Road coins, to Ethereum freezing coins from DAO and other stuff, to EOS blacklisting coins, the list goes on.  The blacklists and permissioned nature of the shitchain will only increase more by the day.  The term is called creeping fascism.  There's no reason anyone should ever support a non-fungible currency where transaction validators are designed to centralize (aka every single blockchain ever created).

Physical metals = permissionless and freedom.  Any digital fagchain bullshit = permissioned ledger slavery system 100% guaranteed to be a replica of the Chinese social credit score system over time.



Aye,

If only there were some 'craptocurrency' that prevented miners/puppet masters of the world from seeing who you were sending stuff too or what address you sent from to prevent that type of centralized fascist dystopia you speak of from occurring.  Don't even get me started about those mining corporations and their pesky ASICs.  If only there was a way to prevent that type of thing from happening... and the real sad thing is that these craptocurrencies are allowing this to happen! ... If only there were a craptocurrency project that actively tried to prevent ASICs from being profitable by switching their mining algorithms around and hid your transactions by default, then, and only then would you have a currency that promotes true economic freedom.

 Roll Eyes