Follow the money. Who controls Bitcoin?

Enjoy your controlled opposition digital money, goys.

You didn't think the kikes were going to give up their power so easily, did you?

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Will have to look into dogecoin funding to see how much of it overlaps.

pretty sure he was joking.

This chart is bullshit though, one group controls bitcoin development. It's headed by Mircea Popescue. The Chinese control the mining. Everyone is is just pretending or suffering from delusions of grandeur.

Yeah, bitcoin was created by the CIA.

Lol this is retarded. No one controls Bitcoin you faggot and the moment anyone did it would cease to be Bitcoin.

In theory, but not in practice. The idealism is strong with you /r/bitcoin.

No, in practice. The entire ecosystem needs to remain harmonious or it collapses and the next shitcoin takes its place. The integrity of the block chain defines the utility value of the coin.

There's no way to control bitcoin like current money is controlled. Those are all services. I could print off all of my bitcoins now and I'd I kept the sheets safe and in order they'd still be usable bitcoins next year.

/r/bitcoin, the post

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Most bitcoin are centralized in a small amount of wallets.

Flawed view of economics. In perfect idealized economic man world, maybe, but not in real life.

The only way Bitcoin can be saved right now is for it to grow to be too big to be controlled by a stable cartel.

The only way Bitcoin can grow from here is if we fork away from all the autistic spergs and leave them to their 1 MB containment chain.

It is a perfect world that bitcoin lives in. It lives in math. Complex math. That's why it holds value. Man can't and hasn't figured out how to completely solve the system.

The moment bitcoin is solved is the same moment encryption is "solved".

Bitcoin is not Visa. It's value is in it's security. BTC was modeled after Gold. The blockchain is Ft. Knox. You don't see gold moving into and out of Ft. Knox hourly do you? BTC is a store of value, not a credit card.

And the proof of its existence is… where?
Right, if such proof existed, bitcoin would crash in one hour.

Sorry no. Just because people use banks to store their Bitcoin doesn't mean there's a flaw with Bitcoin or that Bitcoin is centralized because these banks hold large amounts of Bitcoin. All of that is irrelevant. The only thing relevant to the utility value of Bitcoin is the integrity of the block chain. Every complaint I see here is an issue with the users, not the tool. 99.99% of the world isn't ready for Bitcoin because you're all illiterate when it comes to understanding computers.

Store of value + settlement network

It also doesn't destroy, but improves the economic utility of competing currencies. Decentralization will help feed Nationalism

that same argument was made for .onion

hmmmmm

Economists has strifed so far away from the real world, they are now making up currencies no ordinary people are able to buy or pay with in everyday life to solve transactions of goods and favours…

Do you even darknet bro?
Read the white paper.

Bitcoin has been co-opted via collusion between the kikes at Blockstream and the Chinese mining giants, enforcing artificially small blocks and overinflated transaction fees.

[Citation needed]

If you like your blocksize limit, you can keep your blocksize limit.

Enjoy your 1 MB4EVER containment chain.

Your shilling is so low energy

Enjoy your shitcoin that only has relevance because some of us spent years building the entire cryptocurrency ecosystem for you fag.

Competing currencies are best currencies.

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Anyone who thought this needs to die.

Get some treatment for your autism.

Bankers want currencies with elastic supplies.

Bitcoin is their natural enemy, which is why they've invested a substantial amount of effort into infiltrating and crippling Bitcoin.

They are desperately trying to keep Bitcoin from turning into directly-traded cash so that people are forced to trade promissory notes instead.

They can't make the blockchain fractional reserve, but they can make "layer 2" solutions fractional and get right back to kiking everyone out of their savings again.

This is why everybody pushing the 1MB4EVER meme is a kike or one of their useful idiots.

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