Quote from: o_e_l_e_o on Today at 06:46:40 AM

And risk collapsing their entire company if the community then decides to fork to and ASIC-resistant mining algorithm, as many other coins have done in the past.

Some altcoins do that (Monero for example), but BTC is very averse to hard forks.

Quote from: o_e_l_e_o on Today at 06:46:40 AM

It's low, but it's not zero. The US defaulting on its debt could lead to very rapid devaluing of the dollar.

Agreed.

I don't know why some Americans sound like ancient Romans.

I get it, nobody wants the US economy to collapse and become poor overnight, but nothing lasts forever.

That's why we have Bitcoin, right? It's our lifeboat.

Quote from: larry_vw_1955 on Today at 10:28:21 PM

i don't see how that could happen though. who does the usa owe money to and who is keeping track of that? in secret the government could just print more money anyway and pay off any bills...since they own the money printing machines.

Sorry, but you sound even more clueless the more you post.

Do you know what M1/M2/M3 are?

Nobody can print money in secret. If it was that simple, everyone would do it.

I'm sorry, but there's no easy way out. US will pay for its mistakes, just like the ancient Rome did. Nobody is infallible, nobody is a God to fix this mess with a magic wand.