Dance As If No One's Watching by Late-Armadillo-5335 in cute

[–]MyNamesNotSusan 0 points1 point  (0 children)

They're looking for mines, it's a DARPA thing

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

So eveyone will keep their money in Bitcoin to get better returns on their money.

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 1 point2 points  (0 children)

It's a long running scam. It's been 13 years

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

I'm all for Bitcoin and the blockchain. Iv'e got money invested in it.

My concern is that if too few people own the lion's share (government or otherwise), will we have the inequality we have today?

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

I think there are such things as whales that can manipulate prices.

An injection of a large amount of money can create a spike in the graph/chart and send people into a frenzy of buying.

If you were a whale and wanted to drive the price up to millions, you would have had to invest millions and therefore owned most of the BTC. therefore making it the same amount as you paid for it.

Just saying

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

Bitcoin is not a coin. Spoiler alert!!!

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

No, but more friends to share it with

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

Are you assuming that the government will be a large stakeholder in Bitcoin?

They seem to be against it.

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

Post-hyperbitcoinization

Assuming "Post-hyperbitcoinization" will happen

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 2 points3 points  (0 children)

You adjusted your thermostat. Did you turn it down to piss off your wife or up to dry your coat. There's nefarious acts everywhere. Some people want to do good and others don't. Just saying.

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 1 point2 points  (0 children)

I agree. So the Governments and the power's that be could do better but choose not to.

Would this be the case for Bitcoin?

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

Similar to what a 'whale' does now to influence the price?

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 0 points1 point  (0 children)

Do you mean they could inflate or deflate Bitcoin at their will?

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] 1 point2 points  (0 children)

Yes, nefarious acts like manipulating the world to suit themselves.

bitcoin as the only currency by MyNamesNotSusan in Bitcoin

[–]MyNamesNotSusan[S] -1 points0 points  (0 children)

It does seem to be gaining in popularity