Actually it doesn't. The capacity to process transactions remains the same in that situation, the difficulty adjusts in a 2 week window at least for Bitcoin, targeting a 10 minute block emission period. In the meantime a sudden drop in hashrate would indeed mean blocks statistically coming less often than every 10 minutes but until the hash difficulty automatically readjusts over a relatively quick period of time.
On an anonymous device, in no way connected to you?
If paying for internet/devices to a KYC company, they already got your ID to allow you to get on.
What email provider do you use? If you run your own, is the hosting service in your name? Odds are you have a phone number, name and/or address to someone...
Your digital ID is already here. ID in order to shop online or do any banking at all is already here.
Blockchains are literally the only thing that offer an alternative to what you claim to be afraid of and still offer modern convenience. So quit being a retard/retarded shill.
I'm not sure that's correct. When the global hashrate drops it becomes easier for miners to get coins because there's less competition in the mining.
But that also means less transactions, typically.
Actually it doesn't. The capacity to process transactions remains the same in that situation, the difficulty adjusts in a 2 week window at least for Bitcoin, targeting a 10 minute block emission period. In the meantime a sudden drop in hashrate would indeed mean blocks statistically coming less often than every 10 minutes but until the hash difficulty automatically readjusts over a relatively quick period of time.
Dollar is also showing a top, while BTC is semi-bottoming (we don‘t know.) This also happened years ago during a BTC bottom.
We don‘t really know.
What next? "OMG! Video-card mfgrs. clutching pearls over potential demand fluctuations!!"?
https://99bitcoins.com/bitcoin-obituaries/
bitcoin death prediction #651216481318
Alternatively the U.S. Dollar is definitely printing a few extra trillion per year, driving inflation a lot faster than the acknowledged 8% CPI.
From where I sit, the dollar has been in a death spiral. Bitcoin is at least a “maybe.”
BTC needs to die. Only corporate fucktards are in BTC.
It is shit technology. We don't still drive Model T's...
People need to wake up and break the altcoins peggings to BTC. It's time to showcase blockchain utility, not continue old world banking online.
Do you have a bank account? Do you pay for internet? Phone? Do you have a government issued ID?
What do you think digital ID is?
Now name something that allows me to pay for goods and services online that isn't KYC...
How are you connected to the internet now?
On an anonymous device, in no way connected to you?
If paying for internet/devices to a KYC company, they already got your ID to allow you to get on.
What email provider do you use? If you run your own, is the hosting service in your name? Odds are you have a phone number, name and/or address to someone...
Your digital ID is already here. ID in order to shop online or do any banking at all is already here.
Blockchains are literally the only thing that offer an alternative to what you claim to be afraid of and still offer modern convenience. So quit being a retard/retarded shill.