/biz/ - Business & Finance

[Anonymous No.58870068]

Today is the day you realized that it is entirely possible for the maximum supply of BTC to go above 21m.
And that it's entirely possible to alter the code of the coin without forking.

Whoops buttcucks

[Anonymous No.58870086]

>>58870068
how

[Anonymous No.58870100]

>>58870068
Imagine earning actual spendable money through labor to an employer. Sacrificing your mind, emotions, and body to a machine, but instead of reinvesting it in yourself to gain autonomy and freedom, you gamble on binary code instead... Sad!

[Anonymous No.58870121]

>>58870068
OP don't give me hope, i'm sidelined
i panic sold most of my BTC and now i don't know when to re-enter the circle, i just got cucked and need to stay in RWA until i fucking die

[Anonymous No.58870123]

>>58870086
By changing the source code to change the supply from 21m to whatever. It's really that simple.

[Anonymous No.58870128]

>>58870086
I don't think OP understands the concept of a fork. Bitcoin's supply can be altered by tweaking the function responsible for determining the block reward, which basically just divides a certain fixed amount by the epoch number. Any alteration of this function will increase or decrease the rate of issuance. To proliferate this change, you would need people to switch to an altered version of the node software, which by definition is a fork

[Anonymous No.58870156]

Double spending renders bitcoin to be infinite in number, baggies and paid shills deny this. Crypto was impIemented to deIete personaI weaIth.

[Anonymous No.58870157]

>>58870128
I understand the concept of a fork perfectly well. I was referring to a hard fork, like the lightning chain or BCH.
It would be a "soft fork".

Imagine this scenario for a moment, there's a massive breakthrough in quantum computing, and the unrealized supply of BTC is realized much quicker than intended and there's no more unmined BTC left to mine.
So there is a unanimous consensus among chain users to alter the BTC code to increase the supply from 21m to "whatever" in order to keep the chain alive.

[Anonymous No.58870167]

>>58870068
Yeah? Why dont you "alter the code" to give yourself 1 billion coins, faggot?

>>58870157
>Imagine this scenario that will never happen

[Anonymous No.58870172]

>>58870157
It's also possible for a single person to send the entire current supply of Bitcoin to his address in the next block, right now, via consensus. Neither this nor the scenario you posted are every going to happen though. That's the whole point.

[Anonymous No.58870173]

>buys crypto thinking its scarce
>a decade later there are billions due to (miner)) agreements changing after rubbing hands
>btc plummets from 50k then 5 cents
>personal wealth sneedleeted
>buys back in at 5.15 cents
>drops to 2 cents, 50 btc pegged to $1
>buys in at 1.95 cents
>more btc minted price goes to .05 cents
>20btc pegged to 1 cent
>network failure, blockchains lost
>zero

[Anonymous No.58870187]

>>58870167
Cause that would cause a hardfork, like it did with ETH classic.
>There will never be a massive breakthrough in quantum computing
Oooookay, I guess exponential growth never happens in tech.
Oh wait, that's exactly what happens. lmao
>>58870172
How do you know what's going to happen, are you a time traveler, or a prophet?

You have absolutely no idea what's going to happen.
It's entirely POSSIBLE for the maximum supply of BTC to increase without causing a hardfork, it would just require one of several different unlikely scenarios.
It's also entirely possible for node owners to come together and create a centralized power simply for their own profit.
It's not like big powers ever come together and capitalize on the masses for their own profit, that would NEVER happen, would it?!

[Anonymous No.58870192]

>>58870068
unimaginative and shallow FUD 2/10

[Anonymous No.58870219]

>>58870192
The only unimaginative one here is you, thinking that things will never change.
Or, even imagine this, somehow, some global super power winds up with a huge majority of the supply, like more than 50% and they're threatening 51% attacks on the network. So the miners, node owners, and remaining holders band together to change the protocol and double the supply so that the superpower no longer has a 51% stake.

There's a TON of ways that it could happen.
Or even a 51% attack with mining power, giving them the ability to double spend with no recourse.

There are SO many ways that things could go terribly wrong.

[Anonymous No.58870225]

>>58870219
>51% stake.
BTC is proof of work, not proof of stake... it doesn't matter if some super power holds a shit load. It would be more frightening if some super power owned and ran the most nodes perhaps.

[Anonymous No.58870261]

>>58870068
Who the fuck makes images like this????

[Anonymous No.58870279]

>>58870225
Oh you're right, I shouldn't have called it a 51% attack on the network in that scenario. I meant more like they can completely control the market, especially considering the deflationary nature of BTC. Literally imagine waking up to see your 50x long is at -60,000% because some world superpower is pumping and dumping the market.

[Anonymous No.58870283]

>>58870068
HAHAHAHAHAHHA THESE ARE THE PEOPLE SHORTING?

[Anonymous No.58870309]

[Anonymous No.58870313]

Jesus Christ is the Son of God. Jesus Christ died for our sins on a cross and rose from the dead three days later, to Give us eternal life. If You believe in Jesus Christ and ask Him to save you.
He will give You the free gift of eternal life. He also promised to heal your body. God Loves us!!

[Anonymous No.58870347]

>>58870219
ok

[Anonymous No.58870354]

>>58870068
Fun, kas, eth, inj all gonna surpass it in due time

[Anonymous No.58870378]

lol
lmao

[Anonymous No.58870546]

>>58870068
yeah but it's possible to get some juicy profits when you buy BMB of MrBeastMovement a solana meme that will surely gives you real 1000x

[Anonymous No.58870564]

>>58870068
btc will eventually die if the 21m supply isn't increased.

[Anonymous No.58870568]

>>58870167
Fedora wearing faggots need to die

[Anonymous No.58870677]

>>58870187
>exponential growth never happens in tech.
It doesn't, tech has been stagnant for over a decade. Name one major breakthrough since 2012.

[Anonymous No.58870710]

>>58870068
I don't care about BTC.
I care about low cap coins.
MBM is the key if you want to be rich

https://dexscreener.com/solana/drabjbk3eh8f6shq1fnyhxffc9nk1t8z6daabsfokeyj

[Anonymous No.58870933]

>>58870279
You are very dumb. Come down off mount stupid

[Anonymous No.58870966]

Kek at all the crypto baggies.
Meanwhile all the nodes are controlled by sam bankman, mark karpeles, david schwartz, and their rabbis.
>dude its proof that there was work
>muh conensus
Digital wealth is being deleted and many are losing everythingthey put into the crypto world, baggies are paid to deny this to keep the ponzi going.

[Anonymous No.58870979]

>>58870966
>Meanwhile all the nodes are controlled by sam bankman, mark karpeles, david schwartz, and their rabbis.
cool
so the elites want us to own btc
meaning they won't crash it
it's nice to be on the winning side for once

[Anonymous No.58871016]

[Anonymous No.58871028]

>>58871016
i don't know anon, if ((they)) want everyone to own crypto, i think they have to make it attractive
if they make it look bad or crash too hard everyone would just start buying gold and silver instead... which is the last thing they want
so basically they'll keep pumping BTC until it reaches gold's market cap at the very least

[Anonymous No.58871037]

>deny deny deny that peoples wealth being put into btc is being deleted and seed phrases to cold wallets expiring
>use several 1pbtid's to make it seem like there are more people into crypto

[Anonymous No.58871050]

>>58870100
Some men were meant to be slaves, and if you try to free them they will hate you and fight against you to protect their chains.

[Anonymous No.58871061]

>>58870187
> it would just require one of several different unlikely scenarios.
Cool. Maybe you should spend a few minutes quantifying exact how unlikely your doom scenarios really are.
For example, it is entire POSSIBLE for you to open a page at random from https://privatekeys.pw/keys/bitcoin and land on a whale wallet, instantly giving you control over untold fortunes.
But you'd be a moron if you expected this to actually ever happen.

[Anonymous No.58871066]

>>58871037
>deny
no i think that's totally possible, but they won't reveal their hands until the vast majority of the population owns crypto
doing before that would be useless, because they would expose themselves and after that everyone would just store their worth in PMs
so yeah they'll eventually take everything from every wallet using a backdoor, but before that i think they will start with taking the wealth of the OTHER people, the ones they couldn't control
the other way around doesn't make much sense... so they'll start by taking the gold and silver by entering the people's houses with a terrorism warrant or some shit
once they are inside they can just physically take the metals from the vaults and they are gone
of course if they are so powerful to have invisible backdoors in every encryption algo, entering people's houses is a joke to them
all they need is their address... i wonder if that can be taken from the IP on a https website, since they control the SSL algo as well...
only after all the gold and silver are taken, everyone will look at crypto and they'll truly control everything... it's inevitable

[Anonymous No.58871107]

Confiscation of tangible assets requires physical force. Deleting crypto holdings requires button presses.
>dude they won't take crypto YET you have time, dont get metals they know where you live!!!
The number of bitcoin holdings having disappeared is rising fast and any news or talk of it is immediately scrubbed. A lot have had enough of the digital theft. Paid shills deny the deletion of cold wallets while downplaying the vulnerabilities of digital wealth.

[Anonymous No.58871148]

>>58871107
>physical force is a problem to them
lol you sound pretty naive
terrorism warrant -> can't disclosure details since it's terrorism-related -> confiscate physical metals, using a SWAT team if needed
of course you can't do it with EVERYONE, so you can start by having a list of addresses of people who reveal their PMs holdings
you wrote "paid shills", so
>knows there are agents paid by them on websites like this
>doesn't realize what exactly they are paid for
an httpS website where ""anonymous"" users freely declare that they have large stash of gold and silver
it would sound pretty smart to send paid trolls there that FUD gold and silver, engaging the other users who come to defend them and often reveal how much they got, where they keep it (by asking provoking questions like "ok but where do you store it? crypto is better because you don't need a vault" and stuff like that)
you are very... brave, let's use that word

[Anonymous No.58871155]

>don't worry that crypto wallets are disappearing at the press of a button you could be swatted!
ok jesse

[Anonymous No.58871207]

>>58871155
i don't know who jesse is... but i do know that you have silver and you keep it in your house
>don't worry
of course you should worry but the same reasons why you should also tell you that they want to reach global adoption... their goal is to control every transaction using the backdoors or at least the vast majority of them, not just some lame percentage
in order to do so they'll support crypto in every way possible (including financially) and just make lists of people who own PMs
when the confiscations begin obviously they'll start with the few people that they still CAN'T control, so not the crypto-owning ones which they already have 100% under control
they won't shit on crypto until everyone trusts them
i would go bury that silver somewhere safe if i were you, they already have a file about you 100% (you are posting on a public website)

[Anonymous No.58871218]

>dude the bad guys won't delete your wallet bro i swear
Kek nice try shill. Offline wallet holdings are already disappearing, no swat or warrants required, just button clicks. Backdoors exist in the encryptions. Not buying your bags either.

[Anonymous No.58871239]

>>58871218
>dude the bad guys won't delete your wallet bro i swear
no no, they definetely will eventually, when they control the majority of the global transactions (or at least the US ones) which clearly is their goal
doing it before that would be suicide, no one would ever trust crypto again
it's way too early for them to pull the trigger, too many people still own silver and gold, so it would be pointless (just look at the market caps: such a move doesn't make sense while so much worth is still into PMs instead of crypto, they wouldn't be able to control shit for now. They need to swap BTC and gold's market caps first)
>no swat or warrants required
not a great issue for them
if they are powerful enough to implement backdoors in every encryption algo, getting a terrorism warrant is a joke to them
you are very very "brave" anon

[Anonymous No.58871254]

>dude the public wouldn't trust crypto if wallets got deleted
Thats why you are here, to deny the facts that offline wallets are already disappearing at an alarming rate. Seed phrases expire and you are a shill trying to maintain face for an untrustworthy digital system.

[Anonymous No.58871274]

>>58871254
makes 0 sense to activate the backdoors now, sorry
you seem to understand how jews think overall but you severely underestimate the global dimension of their goals
if you think they'll reveal their hands before they control at least 50% of the USA networth, risking that someone sees it and officialy reveals the backdoor, you are a fucking retarded midwit who can't see the big picture

[Anonymous No.58871295]

>dude just buy bitcoin right now dude they totally wont delete your wealth until a couple more people have bought in, trust me dude it wouldn't make sense for them to delete it right now, just ignore the future and the notion of backdoors okay? Just ignore those and please buy my bags
Shills posting from several devices to astroturf crypto

[Anonymous No.58871306]

>>58871295
if you think they already used the backdoors in any way that a random person like you could understand it and publish it, i'm sorry but you are an idiot
the underlying system is much bigger than you think
their ways are way more subtle than this, they won't do anything remotely risky until they control enough people
until then they'll do EVERYTHING THEY CAN to let crypto grow big and (APPARENTLY) safely, because that's exactly what they want (for crypto to grow and be perceived as totally safe)
only later they'll crash it all together one day (but not before controlling, with crypto, enough of the global networth, getting rid of anti-crypto activists and confiscating their gold and silver)
if you think anything different you are not seeing big enough, you are blind or brainwashed

[Anonymous No.58871320]

>dude you still have a chance to buy my bags before they delete wallets dude so buy them
Why are you shilling for crypto since you are aware of wallet erasure?

[Anonymous No.58871332]

>>58871320
where did i do that? when i said this?
>i don't know anon, if ((they)) want everyone to own crypto, i think they have to make it attractive
it's true, that what's going to happen, if you believe they would reveal the backdoors when they control less than 1% of the global networth and transactions, you are blind as fuck
they'll let crypto grow a lot until letting anything suspicious or bad happens to it, without risking anything (too many people still own PMs currently)
this is not shilling, it's understanding how much power they have, and money and time and ambition
but go ahead and keep believe whatever harris tells you lol
you are a puppet

[Anonymous No.58871342]

Deleting wallets does not equate to public knowledge of backdoors especially when its a heavily censored topic.
Nice way to dodge the question. Why are you peddling crypto if you have impending knowledge of its erasure?

[Sage No.58871354]

>promoting crypto with impending knowledge of its rugpull
textbook shill

[Anonymous No.58871853]

>>58870123
they-they wouldn't do that. the miners wouldn't do that!

[Anonymous No.58871901]

>>58870068

what is this meme even supposed to convey

what is real life anymore

[Anonymous No.58872322]

>>58871254
>wallets are already disappearing
any sauce on that muh nigga? not like I don’t believe you