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/biz/ - Business & Finance

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13470793 No.13470793 [Reply] [Original]

"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." (2008)

See, Bitcoin was created to be independent from the government, not reliant on the court of law.

>> No.13470816

Confirmed IQ sub 50...

Binance = centrally controlled network
Crypto = P2P network

Goodybe chink.

>> No.13470833

>>13470816
>Confirmed IQ sub 50...
Literally projecting. Binance is an exchange, not a network (which means, someone else's wallet that you have to trust to use a service).

>> No.13470843

>>13470816
The law grinds slow, but finely and surely.
But of cource you neckbeard core coiners without real life excperience wouldn't know that. Ever heard about liberty reserve?

>> No.13471245

bit-coin

>> No.13471270

>>13470793
>corrupt governments won't be able to shut down bitcoin and continue to be corrupt
>in the future governments will be forced to be honest because of the bitcoin protocol

Its almost like the contemporary power structures have a vested interest in the status quo and not that governments won't exist in the future.

>> No.13471279

>>13470843
>Liberty Reserve was a Costa Rica-based centralized digital currency service
You're kind of making his case for him.

>> No.13471290

based yellow man

>> No.13471295

Does /biz/ not realize that crypto is just going to be used to trap people in the system as a protocol for tracking and identification? It's all over.

>> No.13471307

>>13471279
>Liberty Reserve was a Costa Rica-based centralized digital currency service
>You're kind of making his case for him.
Nope, try harder next time. Costa Rica was outside of the USA jurisdiction but still USA managed to shut it down. Really makes you think, huh?

>> No.13471322

yeah i remember when uk govt said napster will end and a week later it's gone

they said they were gonna stop torrenting about 5 years later or something... yet here i am torrenting away...

>>13471295
xmr

>> No.13471340

>>13471295
It works both ways. It makes all participants beholden to law, not just plebs. A republic in true form. Not fake and gay democracy.

>> No.13471651
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13471651

>>13471340
You can still create a centralized wallet and derivative tokens to bypass laws. craig trying to appeal to authority and rule of law is just horseshit. calvin ayre basically ran a similar type of offshore gambling scheme that creg is now so against.

>> No.13471657

>>13470793
op got a point here, now what will you do BSV shills?

>> No.13471713

>>13471651
>centralized wallet and derivative tokens to bypass laws
Are you trying to describe a payment channel?

>> No.13472632 [DELETED] 

sirtoshi nakamotur

>> No.13472653
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13472653

>>13471657
sartoshi innamotor