Post
Topic
Board Bitcoin Discussion
Re: I am leaving bitcoin thx for helping me satoshi.
by
Pizzalover420
on 08/01/2021, 17:04:13 UTC
As for governments controlling all the mining and fees, that is also difficult. Government compete, so it'd be difficult to get 51% of the mining power, and you really need more to properly attack the chain.

Even if one countries' government is dominant, the hashpower of the bitcoin network is no joke. It would be a very costly project to control that. Ultimately it's the people of the world vs 1 government alliance, and big powers probably won't collaborate in such a project. So 1 government vs billions of potential bitcoin miners.

Why would they attack a chain they created? You are falling for the One world order currency. They know they will obtain all coins in the end and you will be slaves to enforced tax. You don`t.

" It would be a very costly project to control that" HELLO?, THEY PRINT UNLIMITED MONEY, WHAT COST?
It would not be a government it would be a central bank and yes 1 central bank > all bitcoin miners.
One can create money out of thin air, the other cant.