An electronic system it’s easier to manipulate and it’s infinite, so if you thought capitalism will fall like Marx said, you are pretty wrong nowadays, capitalism it’s virtually infinite.
An electronic system it’s easier to manipulate and it’s infinite
But Bitcoin isn’t infinite.
How exactly are you going to control the market to the point that you can infinitly manipulate it because it’s electronic?
Our fiat system is, it can be inflated as much as they want. Someone just presses a button on a machine and bam, there’s another billion dollars in circulation.
Edit: I saw your edit late. Do pray tell how you can make Bitcoin easily be $560,000 USD because it’s electronic.
Bitcoin isn’t infinite but Bitcoin value is, if you control the market of Bitcoin(you have a lot of it) you can control the offer and demand of it selling or buying big amounts, that way you can add or quit 0 WO having to modify the amount of bitcoins on the market. As it is an infinite divisible currency you can always buy or sell fractions or units of it, so it doesn’t matter how much Bitcoins are out there the important thing it’s the value.
Not if you(your group) control the 80% of BTC.
Did you ever heard of the Crypto Whales?
Wtf are you even trying to say.
To make a change to the protocol, you need 51% of the miners to agree and implement it when blocks are mined.
But 51% of the miners isn’t enough because the users themselves can also revolt and fork away, which would destroy the price.
To add a 0, you’d need a massive (*super) majority buy in from all sides.
How much bitcoin anyone owns, even if someone owned 100% of it, has absolutely no bearing.
Mate there are easier ways to add a 0 and Im not talking about literally adding a fucking 0.
Then enlighten me, what does
What are they adding the 0 to? Why does it have to be with our system being electronic?
An electronic system it’s easier to manipulate and it’s infinite, so if you thought capitalism will fall like Marx said, you are pretty wrong nowadays, capitalism it’s virtually infinite.
And how exactly does that allow you to electronically manipulate bitcoin to a virtually infinite amount?
I’d love to know how you plan on creating more than 21 million bitcoin or altering your bitcoin balance.
You don’t need to control Bitcoin, you just need to control the market.
If you control the market you control the price. You can add 0 or quit 0.
But Bitcoin isn’t infinite.
How exactly are you going to control the market to the point that you can infinitly manipulate it because it’s electronic?
Our fiat system is, it can be inflated as much as they want. Someone just presses a button on a machine and bam, there’s another billion dollars in circulation.
Edit: I saw your edit late. Do pray tell how you can make Bitcoin easily be $560,000 USD because it’s electronic.
Bitcoin isn’t infinite but Bitcoin value is, if you control the market of Bitcoin(you have a lot of it) you can control the offer and demand of it selling or buying big amounts, that way you can add or quit 0 WO having to modify the amount of bitcoins on the market. As it is an infinite divisible currency you can always buy or sell fractions or units of it, so it doesn’t matter how much Bitcoins are out there the important thing it’s the value.