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200 private links
200 private links
- very few people seem to be concerned about the mathematical facts
- bitcoin is no money (medium of exchange, measure of value and a store of value=
- as I write this, bitcoin is down to only 53.9% of the value of the total cryptocurrency market. The percentage has been falling since the second cryptocurrency was created.
- many people don't understand that the bitcoin blockchain and the rules associated with it are defined entirely by the software.
- "as developer Gavin Andresen put it in 2015, Bitcoin’s design and evolution 'really comes down to, what code are people running, and how influential are the people who are running the code?" - article on coindesk.com
- Given that governments are rapidly buying billions of dollars worth of bitcoins (which could be increased to trillions) and are becoming the new bitcoin whales, they now have a say in what changes can be made to the bitcoin software. They could buy enough bitcoin to take control of it and then decide to change the software.
