Message from @Magallionaire
Discord ID: 363494417535074304
but anyone with 51% hashpower on the bitcoin network can perform replay attacks and stop all txes
I have never, ever heard a more idiotic statement or argument in my life before. :d
bitcoin will become just another bank owned property if ever fully regualted
reminder that a btc mining pool actually got 51% hashpower a while back
@WrasslinMan it can't in reality
and voluntarily split
for security
@gnome when
in 2012 or 2013?
when the network was young and not mature?
Kek
ffs take this shit to /biz/
@king o shiet r u kang kong?
yes @gnome
from a cursory google
a bitcoin mining pool that thousands of people mined with.. reached 50% of the hashing power
and the hashpower distribution of the btc network only gets more and more centralized over time
because of the way network difficulty works
@gnome governments are starting to mine
as long as nation states exist
it will be a decentralized system
you really think zionists couldn't buy out 51% hashpower 🤔
isnt china cracking down on crypto currencies?
@WrasslinMan no
>implying zionists don't already control the state
@WrasslinMan yes
there isn't laws against cryptos so they are temporarily "banning" it
@WrasslinMan China has made anything involving BTC illegal
^
no
@ordosius mining is left alone
ICOs, BTC trading
@Magallionaire mining is also illegal
they need to create regulations for exchanges.
No general
the value of btc dropped $1k after the announcement
that is fud