Post
Topic
Board Bitcoin Discussion
Re: BTC endgame = Mega Miner controlling everything, BTC is not "trustless"
by
iluvpie60
on 25/06/2014, 13:49:54 UTC
It must be fun to have such an active imagination...
Or were you using a crystal ball on this one?

You can still redeem yourself by educating yourself.

http://rationalwiki.org/wiki/Backfire_effect

The backfire effect occurs when, in the face of contradictory evidence, established beliefs do not change but actually get stronger. The effect has been demonstrated experimentally in psychological tests, where subjects are given data that either reinforces or goes against their existing biases - and in most cases people can be shown to increase their confidence in their prior position regardless of the evidence they were faced with.