They can track and control you through a CBDC which is based on the BTC technology. BTC itself being a decentralized anonymous P2P network is not great for the purpose and that's why it's often used for illegal transactions.
A decentralized network means a network where the servers (nodes) are decentralized. Bitcoin’s network architecture is such a network with thousands of independently operated nodes forming a P2P system.
Someone's going to unplug all thousands of servers at the same time? Even if that happens, transactions will be paused but the blockchain would still be intact. Now if all Wall Str. servers crash your cash will become toilet paper. Yet you don't seem to concerned for this huge vulnerability? How come?
They can track and control you through a CBDC which is based on the BTC technology. BTC itself being a decentralized anonymous P2P network is not great for the purpose and that's why it's often used for illegal transactions.
They still go through servers, which are centralized...
A decentralized network means a network where the servers (nodes) are decentralized. Bitcoin’s network architecture is such a network with thousands of independently operated nodes forming a P2P system.
You're calling the black white.
Oy vey! Muh digishekelz!
Muh precious consorship!1!11!11
Okay u/cognitivedissident5
Someone's going to unplug all thousands of servers at the same time? Even if that happens, transactions will be paused but the blockchain would still be intact. Now if all Wall Str. servers crash your cash will become toilet paper. Yet you don't seem to concerned for this huge vulnerability? How come?