[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 70 KB, 960x1012, participatory-pepe.png [View same] [iqdb] [saucenao] [google]
13780672 No.13780672 [Reply] [Original]

>alive
>browsing this board
>know what BTC is
>have at least a few tens of dollars of disposable income
>know how to buy
But don't any BTC. Why is this?

>> No.13780707

>>13780672
because BTC is not private
and it is manipulated centralized garbage

>> No.13780726

yup

>> No.13780951

>>13780707
> manipulated
> centralized
cope harder, faggot

>> No.13781033

>>13780951
What happens when 51% of the mining is controlled by the same mining group?

>> No.13781050

>>13780672
they're fucking retards, chasing chinkscam pumps

holding 90% btc 10% bch

>> No.13781167

>>13781033
In the very hypothetical case in which this happens, miners will just switch to another network. In the very rare case that this doesn't happen, there will be 2 chains in which people will have to switch to the correct one. If people stop trading for a bit until it is fixed, nothing will actually happen.

The chance for btc to get 51ed is infinitely small, the network is really strong. At 65,000,000,000,000 hash per second you can't even do it with the 20 fastest super computers.

>> No.13781241

>>13781167
>there will be 2 chains
And that would only happen if one of these groups is malicious or stupid enough to destroy their vast investment in mining hardware.

>> No.13781526

>>13781241
>13781241
its practically not going to happen, which makes it the first immutable, truly scarce and hard money that is anti inflation.

>> No.13781544
File: 355 KB, 1080x675, F8C2AAC7-0E03-4E71-967E-7B9073820E9A.png [View same] [iqdb] [saucenao] [google]
13781544

>>13780672
Because I’m old enough to recognize a ponzi that’s long in the tooth

>> No.13781575

>>13781544
The USD is a ponzi

>> No.13781585
File: 50 KB, 370x277, 197396A0-6F3E-404A-8021-21077E7DD303.jpg [View same] [iqdb] [saucenao] [google]
13781585

>>13781575
Correct

>> No.13781601

>>13781544
>Img
I aspire to be a boomer one day. Look so comfy

>> No.13781604
File: 1.07 MB, 2560x1440, who.jpg [View same] [iqdb] [saucenao] [google]
13781604

>>13781585

>> No.13781705
File: 35 KB, 450x304, 1368859505261.jpg [View same] [iqdb] [saucenao] [google]
13781705

>>13781604