1st world countries will never use Bitcoin as their main currency. It was proven tonight that too much trickery can be done with Bitcoin. If a war breaks out and a group of countries decide to take all of your Bitcoin it can be done. Hell I wouldn't be surprised to see PoSM reddit threads eventually steal some criminals money right out of his wallet.
You were lead to believe the Bitcoin can't be censored and is immutable but really there are a select few people or groups running the show and they can do almost anything they want.
Bitcoin could still see a multi-trillion dollar marketcap if it scales well and allows for easy micro-transactions but it will NEVER replace fiat.
Who would ever imagine a virtual currency for buying assassinations and drugs would turn out to be a meme
Kayden Ramirez
>a group of countries decide to take all of your Bitcoin it can be done Only if you're talking about a faux bitcoin that isn't the global hashrate leader.
Adrian Sullivan
If there was a way for the bitcoin protocol to actually be set in stone from day 1 maybe it could work.
But when a fork can just change the protocol rules and everyone goes along with it then it's really just a big game of social media consensus and anything is possible. BTC could fork and take all of Satoshi's coins next month if they got enough social consensus for it.
The bitcoin experiment has failed.
Jonathan Collins
who even stole anything today? if anything it proved its a lot harder to fuck with bitcoin than it seems even at a super low hashrate like bch had. imagine if every country was mining, you would have to collude with half the world to even try to fuck with anything.
Levi Young
You weren't paying attention tonight. Hashrate doesn't matter as much as everyone thought. Any chain with a bit of hash behind it can fork, change their protocol rules and add benchmarks to prevent any hash attack reorg.
Landon Barnes
Imagine America, China, Europe and Japan all use BTC as their global currency. Each has 25% hash rate. America goes to war against the other 3. They use their 75% hash power to fork and change the protocol rules and take all of Americas BTC.
Do you see why it will never work?
Aiden Evans
You're definitely a deluded bcashie retard who thinks BCASH is BITCOIN.
> 1st world countries will never use Bitcoin as their main currency. We already do.
>> You were lead to believe the Bitcoin can't be censored and is immutable but really there are a select few people or groups running the show and they can do almost anything they want.
What happened to Bcash can't happen to Bitcoin. Bcash is centralized - if the recent events haven't already proven this, then no wonder you're a bcashie - stay stupid.
Bcash's hashrate is around 10% of Bitcoin.
Roger Ver can easily do a 51% attack because he has the majority hash power. CENTRALISED SHITCOIN.
Cameron Flores
>> 1st world countries will never use Bitcoin as their main currency. >We already do.
Name one 1st world country that gave up it's fiat and went 100% Bitcoin
Are you retarded?
Ayden Scott
>implying the us wouldn't just nuke those cunts again but really why would the us go to war with japan and the eu?
