Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Air, Water, Bitcoin
by
PointHope
on 23/01/2020, 09:42:54 UTC
⭐ Merited by LFC_Bitcoin (2)
Past human history is checkered with currency manipulation and conflict..

Bitcoin and cryptocurrency has been filed with manipulation and conflict! We've seen fraud, theft, in-fighting, consolidation of mining operations, blockchain hijack attempts (in the form of forks), and more theft. There's nothing about cryptocurrency that is inherently peaceful or humane.

Cryptocurrency/blockchain offers more freedom to users. We are no longer controlled by an intermediary called a bank, we are the managers of our own financial system, if we want to be. It's in that freedom that come greater choice and control, but it also requires greater knowledge of how the system works and the risks involved.

I appreciate your positivity, but let's be honest here. Cryptocurrency is like the wild west!

Sure but it appears that Bitcoin has weathered the scams, fraud, whale manipulations.
The open source characteristics mean that the fundamental algorythm is going to evolve with improving technologies. as we are currently witnessing.
Humanity and the entire planet is in dire need of a new existential element which provides honesty, accountability, and quality contols.
I'm observing how Bitcoin may indèed be this transformative element. Humanity has not seen this before.