Bitcoin is the only thing that is fully decentralized and virtual type. It cannot be controlled by governments, central banks even police forced. It completely online virtual cryptocurrencies which has no proof of transactions and file of documents where it's formulas can be found. So I think its very hard to control by humans.
Yes, no matter whether it is a human individual or a human collective, Bitcoin cannot be controlled, let alone eliminated. This is why I say that Bitcoin represents a whole new civilization.
As long as human beings still have the greedy and selfish nature, there will be people who continue to build mines and nodes for Bitcoin to get profile. These actions convert the energy in human nature into electricity and then into hash rate to support the continuous development of Bitcoin.
It isn't just all about greed when people keep on building mining farms for bitcoin. Well, they got the capital and they sure will have to get profit but it's also helpful to maintain its network. You are thinking the negative side for someone who doesn't mine but I think for the perspective of miners, there will always be the good side of it.
Here, I don't think miners are the negative side. Instead, I think miners are an important part of the bitcoin network. What I want to express is that it is profitable to earn bitcoin by mining. As long as there is profit, there will always be miners, and the bitcoin network will never be destroyed.
I do think that there are plenty of things humans have no control of, but when we talk about the economic section, there is Bitcoins which is decentralized and away from all the manipulation. But then again not entirely. You should understand that bitcoins as a whole is controlled by many people from behind the curtains. In theory it might be decentralized but for real, there are whales controlling the price together. Look at Elon Musk making a fool of himself on Twitter and the whole community following his guidelines. I do believe that it was made in such a way that it can't be controlled but then we are right now in a situation where it's very liable to manipulations etc.. the whole system is not ideal even if the base was meant to be different.
Yes, this is also an important part of what I want to express. Some individuals of us can control or influence the price of Bitcoin through some methods, but they cannot influence the Bitcoin network itself.
In the Bitcoin network itself, there is no line of code about price at all. The price of Bitcoin is what we humans attach to Bitcoin. Belongs to the exchange rate between Bitcoin and legal tender. Even if there is no such exchange rate in the future, we will still use Bitcoin itself as a medium of exchange.
Lol
I guess the OP tried to say that bitcoin is a thing that no "single human" can control.
I guess the OP tried to say that bitcoin is a thing that no "single human" can control.
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Btw, he said "humans" 13 times, so the single human assumption is definitely out of the picture.
I understand people can get exuberant or over-excited about it but from this to picturing something like space odyssey is a long journey.
Do I need to pack my ledger in some tinfoil too so that I could sleep at night without being afraid of it gaining consciousness and try to stab me in my sleep in my usb-a slot?
What I want to express here is that neither a human individual nor a human collective can control Bitcoin. We can all understand that individual humans cannot control Bitcoin. Why can't the human collective control Bitcoin? Because humans themselves cannot reach a consensus on this point in controlling Bitcoin. As long as there are interests, there will be some people who will maintain the Bitcoin network because of their interests, and they will not be able to eliminate the Bitcoin network fundamentally. The stronger the consensus and recognition of Bitcoin by human beings, the more scattered the computing power of Bitcoin, and the stronger the vitality of Bitcoin.