Quote from: K21000 on July 17, 2019, 07:46:23 AM

Quote from: hv_ on June 18, 2019, 07:21:48 AM

Quote from: Herbert2020 on June 18, 2019, 06:10:37 AM

you can't shut down something that is decentralized and make it disappear as long as people find it useful and continue using it. which is true about bitcoin. it is like saying torrent network will disappear but peer to peer connections will remain! you can't shut down torrent network since it consists of peers connecting to each other and sharing file. bitcoin is a much stronger implementation of a decentralized peer to peer network.

what will disappear is two things: 1. the altcoins without usage that keep being created even if they have the biggest market cap among altcoins 2. the government and bank issue tokens that are more centralized than anything else.

LibertyReserve ?

Highly decentralized it was

shut down ...

Libertyreserve was never decentralised. It had central servers which could easily be targeted and shut down. The beauty of a peer to peer network like bitcoin is that their is nobody to target and nothing to shut down.

1. Target the Warehouses full of ASICs, blow them up, network dies in a death spiral.
2. Pass a law banning trading of that crypto in the main countries with the most VCs.

Trump made sure the petro dollar was DOA.
Thinking he can't do the same to BTC, shows you are underestimating him.

The bitcoin miners are the vulnerability, as they can't hide their warehouses full of asics.