Quote from: Rassah on November 29, 2013, 04:28:39 AM

Quote from: OleOle on November 28, 2013, 03:52:19 PM

I said forcibly broken, I was not referring to anyone supporting it. Government control, corrupted bitcoin foundation, corporatisation of the network. The utopian dreams of satoshi hippies will not go on forever, it's my view that the ceiling will be removed far sooner than anyone anticipates.

Just a hunch, nothing more Wink

In order to break the 21 million limit, all users and miners would have to agree to switch to the new fork. If only one country forces everyone to switch, the blocks they mine will be rejected by all other wallets and all other miners, making their currency into an altcoin that isn't part of the bitcoin system. Even if most countries switch, and some small country with a few miners remains, that small country will still be the only one running and mining Bitcoin, while the rest of the world will fork off.

So, basically, the only way to break the 21 mil limit is to create an altcoin, which we already have many of.

You don't think it is possible for Bitcoin ITSELF, the founder and the one that overseas it, allows it to be mined, etc. to put in a mulitple ? It is just like a Reverse Split on a stock. 4 for 1. Or better yet, to stablize it he could Lock the FLOAT. Then split that allowing for no more to be mined. I know in the backgorund he is laughing at it all. Can't believe he pulled it off. At anytime I am Positive he cant put a stop to the mining, allows who he wants to figue it out, etc..... It is not centralized, insured, anything... So somewhere is a room full of techies laughing it up and cashing in...

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