Of course Bitcoin can be controlled. It's tied to the energy grid. Governments have the ability to manipulate prices based on how much they can buy. Also ever heard of a 51% attack? Bitcoin can also be regulated. Bitcoin can also be confiscated, like they confiscated everyones gold back in the early 20th century by law.
Governments would shut down the grid to keep people from conducting Bitcoin transactions? Different governments control different parts of the grid. Some people get power off the grid.
Governments have the ability to manipulate prices based on how much they can buy.
Prices of what? Energy? Coins? Everything? Does that mean governments control everything?
Also ever heard of a 51% attack?
Yes, of course. There is a large body of work addressing that concern.
Bitcoin can also be regulated.
Different governments have different regulations. People can still choose where to live.
Bitcoin can also be confiscated, like they confiscated everyones gold back in the early 20th century by law.
Why don't they confiscate Wikileaks's Bitcoins then?
They don't have to. They can control the prices of the grid. Get it?
Prices of what? Energy? Coins?
Different governments have different regulations. People can still choose where to live.
Bitcoin can be controlled at will. Nobody's going to really move because of Bitcoin. Maybe a few fanatics, but that means nothing in terms of what governments can do when they see the minions getting powerful.
Like I said to a previous commenter:
The G7 has massive purchasing power. They can buy up and sell as they please, manipulating the market.
Central banks like the IMF and the ECB have unlimited purchasing power. They can manipulate the market to the point where they can 'control' the crashes as they please, just as they do gold and dollars.
The 51% attack is not implausible. It's a mathematical probability. If someone like the IMF's goons decide to attack, then it's over. But they would only do that if they think they are losing 'control' in the end. It's just how it works. https://www.youtube.com/watch?v=Kjtgp5h-jEY
Why don't they confiscate Wikileaks's Bitcoins then?
That has NOTHING to do with why they can't confiscate their coins, and everything to do with why they don't. Get it? They've already confiscated millions of coins from others already. So take that as an example.
Uhmmm... You can't say that without elaborating on why I'm wrong. lol. I'm not wrong. You know why? Because it's a matter of historical record.
The G7 has massive purchasing power. They can buy up and sell as they please, manipulating the market.
Central banks like the IMF and the ECB have unlimited purchasing power. They can manipulate the market to the point where they can 'control' the crashes as they please, just as they do gold and dollars.
The 51% attack is not implausible. It's a mathematical probability. If someone like the IMF's goons decide to attack, then it's over. But they would only do that if they think they are losing 'control' in the end. It's just how it works. https://www.youtube.com/watch?v=Kjtgp5h-jEY
Of course Bitcoin can be controlled. It's tied to the energy grid. Governments have the ability to manipulate prices based on how much they can buy. Also ever heard of a 51% attack? Bitcoin can also be regulated. Bitcoin can also be confiscated, like they confiscated everyones gold back in the early 20th century by law.
As far as I have seen, your concerns have already been addressed.
No. My concerns have not been addressed.
Governments would shut down the grid to keep people from conducting Bitcoin transactions? Different governments control different parts of the grid. Some people get power off the grid.
Prices of what? Energy? Coins? Everything? Does that mean governments control everything?
Yes, of course. There is a large body of work addressing that concern.
Different governments have different regulations. People can still choose where to live.
Why don't they confiscate Wikileaks's Bitcoins then?
They don't have to. They can control the prices of the grid. Get it?
Bitcoin can be controlled at will. Nobody's going to really move because of Bitcoin. Maybe a few fanatics, but that means nothing in terms of what governments can do when they see the minions getting powerful.
Like I said to a previous commenter:
The G7 has massive purchasing power. They can buy up and sell as they please, manipulating the market.
Central banks like the IMF and the ECB have unlimited purchasing power. They can manipulate the market to the point where they can 'control' the crashes as they please, just as they do gold and dollars.
The 51% attack is not implausible. It's a mathematical probability. If someone like the IMF's goons decide to attack, then it's over. But they would only do that if they think they are losing 'control' in the end. It's just how it works. https://www.youtube.com/watch?v=Kjtgp5h-jEY
That has NOTHING to do with why they can't confiscate their coins, and everything to do with why they don't. Get it? They've already confiscated millions of coins from others already. So take that as an example.
Uhmmm... You can't say that without elaborating on why I'm wrong. lol. I'm not wrong. You know why? Because it's a matter of historical record.
The G7 has massive purchasing power. They can buy up and sell as they please, manipulating the market.
Central banks like the IMF and the ECB have unlimited purchasing power. They can manipulate the market to the point where they can 'control' the crashes as they please, just as they do gold and dollars.
The 51% attack is not implausible. It's a mathematical probability. If someone like the IMF's goons decide to attack, then it's over. But they would only do that if they think they are losing 'control' in the end. It's just how it works. https://www.youtube.com/watch?v=Kjtgp5h-jEY