bitcoin doesn't rely on altruism, it relies on game theory and incentives.
we, the network, have an incentive to support developers maintaining the project because it is worth it to us for Bitcoin to live on forever
And some governments or interest groups can have the incentive fund developers contributing to the project in order to reach their goals. The takeover over Bitcoin it’s quite scary and maybe quite natural given the world we live in.
That's the truth
Bitcoins design was retarded. Look at the market manipulation that miners are doing now.
It takes way too much power and time to process transactions
At the block chain grows, it will take longer and more power.
Who's gonna tell him?
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Are you purposely ignoring whats happening right now and right before the halvening?
Blocks coming in every 10mins?
Miners made the price drop before the halvening and now they made the price drop again. This is market manipulation
This is because of the resources it needs for Bitcoin miners to mine and now they get paid less and many will not see profits now
https://image.nostr.build/59709f053f656cc840fa396987a4a56436581fa6e1605424c4a1264eb396ac53.jpg
What are you trying to say?
Bitcoin doesn't use enough energy yet, of myriad reasons, one important factor is that block time still has too much volatility.
Should be very stable one day, almost unshakeable.
Hopefully. I dont like how Bitcoin is volatile and easily manipulated.also, I been waiting almost two weels for a wallet transfer to go through because miners wont pick it up and they expect me to pay more to make it go through. This is fucking gay by design.
This take is retarded.
Sell your Bitcoins.
Its true and it just happens this week and before the halving. Do you follow what is going on?
My example of transactions being held up for two weeks is true and happens
Nothing retarded about this but your blind worship of Bitcoin
Fees are pretty cheap bruh just send the transaction again with a higher fee.
What's the problem?
Why are you this retarded
For refering to current events ?
There are no curre t eveents youre reffering to. Youre literally just making shit up. Gfy. Miners ARE not manipulating shit. They literally cant, there is 0 ability for them to do so. If you believe that to be true then you havent dont the homework to understand how your point of view is flawed and completely ignorant of facts.
Nigga, read the news articles lol
Oh, so news articles don't lie? Since when? If your literal barometer for if something is true or false is some news outlet publishes something or not your deserve to be treated like the fucking retarded idiot you are being treated as.
Shut the fuck up nigger and go suck some bitcoin cock.
Typical rebuttal from a knuckle dragging idiot. You've got 0 proof that your claims that miners are manipulating price is true. But yet you are trying your hardest to tout that it is. Its utterly hilarious how cucked you are to news articles telling you how to think.
Don’t even engage. Highly regarded individual.
People sometimes don't really realize how I operate,
I engage with people on topics moreso for everyone else to see not solely the direct person I'm conversing with.
That way if I'm wrong, I'll get educated hopefully by more than one perspective.
If I'm right, then people don't need to feed into bad info / fud.
This is largely how social media should be used, less emotional targeting of an individual & moreso feeling the town square conversation.
I read your thread with him. Wow. Just wow.
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