What if Satoshi, or whoever it is that holds like 1000000 (1 million BTC), $15,769,995,000.00.l Is this enough money if you wanted to start a revolution and overthrow a country?
Banks are evil, but bitcoin is an anonymous bank. You could buy a nuke if you wanted. I don't get how cryptocurrency is not illegal. You can't make counterfit coins, why should it be ok digital? A decentralized bank sounds awesome, but is there a way to really track all the transactions going on? I am sure there is a huge black market with cryptocurrency of all sorts of things illicit.
There was a news article of some muslim lady in New York who sent bitcoin to terrorist. I am just so bewildered that this has not been shut down by the government. The US government confiscated gold in the 1920s and made it illegal to possess for a time period. I just think they have not done so with cryptocurrency because it is difficult to track or they are the ones who actually made it and own a large amount and are doing bad shit (plot twist?)
I just want to buy a piece of land to raise my white family away from shitskins, is cryptocurrency a tool of the jew and is being set up for world destabilization?
>not buying bitcoin as a hedge against evil globalist control son, I am disappoint
Xavier Myers
Hey, anyone wanna give me one bitcoin? I just started getting into it
Jaxson Sullivan
>15,769,995,000.00 I guess the central banks are just as worse. I am just saying if a very bad person like George Soros has a lot of bitcoin and is ready to fuck shit up.
Gavin Adams
KYS
Xavier Powell
post a picture of your ass with the words "hi /pol 12/21/2017", I will give you 1 bitcoin. post pic and wallet and I will send right now.
Anthony Butler
Many misconceptions op. All bitcoin transactions are public by the nature of the system. Bitcoin is not like a bank, it's a currency and can be stolen just like regular currencies. Right now the only role of bitcoin is as a high-yield high-risk investment, and as a currency for illegal stuff.
Christian Wood
How bout 2, I didn't wipe so it would make it even better
Logan Nelson
>Right now the only role of bitcoin is as a high-yield high-risk investment, and as a currency for illegal stuff.
so what are the repercussions of cryptocurrency? I just forsee a lot of bad shit happening in the next 30-50 years. Do you think north korea has cryptocurrency? Are the jews in on this all along? Is there a secret jew base in Antartica where they are hoarding all of the gold ever found? I am just trying to measure if bitcoin is generally a positive effect on the world stability or vice versa. I make $300 a day on bitcoin day trading.
Jordan Martinez
write that on your ass and i will give you 1 btc if you post your wallet address
Alexander Davis
This guy gets it. If someone tried to sell his 1 million BTC it would crash the BTC market before he could sell them all. He unironically has billions of monopoly money.
Sebastian Smith
It is true that over a million BTC was created by Satoshi. But those coins have not been moved for a long time and since all transactions are open, word would spread fast if any of those started to move in to other hands. Which probably would cause enormous panic and crash the market.
Alexander Harris
I see that with supply and effect but, there has to be a way to liquidate it quickly and crash the market no?
Blake Carter
So the question is, where are the coins? I thought BTC was a public ledger so there was a way to see who is holding what.
Zachary Ramirez
Whew I would hate to be the last idiots holding em.
Cameron Cox
i get ads for cryptocurrency, and guess what. THAT GUY IS A JEW.
Logan Russell
Bitcoin core and Bitcoin.com are filthy kikes who just want to destroy and subvert Bitcoin and cryptocurrency fron within.
Matthew Lopez
>be a good goyum and buy muh buttcoins
Angel Howard
The problems with bitcoin is that transactions are slow and it takes too much energy to run the system. If it became more practical in principle it would be a good thing since the money supply is fixed and jews can't just print money like it's nobody's business. But they could just decide to ban or (((regulate))) it, so who knows. Right now China is the country holding the most bitcoins.
Nathan Hughes
LMAO why do you fail to acknowledge that regular USD money is also used to fund terrorist organizations more so than fucking bitcoin.
You need to stop posting in this thread op your intelligence is dangerously low and you are spreading cynicism and fear, if anything is dangerous its your mindset
John Mitchell
Trump has the Satoshi stash.
Michael Collins
pic related. >if anything is dangerous its your mindset
Zachary Harris
this is an analysis of whether bitcoin is fucking us up even more or helping. Who owns most of the bitcoins? White men probably.
Leo Price
Nobody knows, they can be completely gone. Might have deleted everything or the hard drive crashed. No one even knows who Satoshi is, last message from him was seven years ago for all we know he might be dead, your guess is as good as mine
Jonathan Morris
Huh?
John Baker
sounds like a good opportunity for the jews to swoop in and create some secret cryptocurrency synagogue to get the goyums.
Nathaniel Clark
>What if Satoshi, or whoever it is that holds like 1000000 (1 million BTC), $15,769,995,000.00.l Is this enough money if you wanted to start a revolution and overthrow a country?
The problem with using BTC to fund a revolution is it requires a functional power grid and communications network to have any value.
Adrian Hall
so bitcoin promotes technology and human progression or is just another distraction that will eventually cause war and conflicts for resources?
Austin Parker
he was calling my mindset dangerous for trying to look for the flaws in bitcoin. He is apart of the thought police.
Jayden Young
Transactions from one wallet to another are public, but the file holding the bitcoins could've been deleted or lost and everybody would be none the wiser. There hasn't been any transactions inbound or outbound from Satoshi's wallet in eight years. He's either dead, lost his wallet, or scared to make a move. In any case I doubt dumping all of them at once would crash the market permanently. Probably the price would just drop for a year or two.
Gavin Adams
Op confirmed retard who does not understand cryptocurrency and needs daddy to make it illegal because it makes him feel uncomfortable
Mason Wright
...
Andrew Hill
>, do you think cryptocurrency is healthy for the world economies or no?
Alexander Kelly
The main problem with bitcoin is that people(unlikje me) don't know how to value it properly.
Hunter Flores
i've seen some cryptocurrency that makes it easy to spend money if you are traveling between a lot of different countries. I see the application but, its just like another federal reserve printing money from no where. I have been selling my cryptocurrency for gold and palladium over the last few years so I have seen more wealth from it for sure, I dont know if the rest of the world can say the same.
Juan Sanchez
No. He has 15 billion dollars worth of bitcoin, he doesn't have 15 billion dollars. It has no real world value unless there is someone to buy those bitcoins from him.
Robert Powell
How the fuck am I supposed to know? It's not printing money from nowhere though. Mining requires energy, unlike the USD which the FOMC can print at will.
Jaxon King
Isn't the total number of bitcoins that can exist fixed? That way it cannot be inflated to destruction.
Liam Sullivan
No there isn't. Learn economics. In order to sell you have to find a buyer. If you try to sell an enormous amount of something you run out of buyers. There are not enough buyers for 1 million bitcoins (in current price).
Eli Hall
Yeah but you can keep dividing them.
Jordan Myers
What does that have to do with anything? Do you really thing printing innumerable dollars is the same as splitting one dollar into a hundred, then million, hundred billion pieces? And its not infinitely splitable either, a bitcoin can be split into a 100 000 000 parts.
Brandon Campbell
Why is nobody talking about the old Satoshi drama?
When everyone was trying to find him and they found that Dorian guy, the stories were crazy. Some user explained it as a gambling payment infrastructure. Satoshi was just a smart guy. And he did mine a shit ton of early coins. Then he lost them on faulty thumbdrives. At the time the estimates were $100mil.
And the dude just disappeared. Wtf would you guys do?
Thomas Howard
Not all. There's one that stands out as anonymous for transactions. Buy, it will skyrocket this year once more people realize this.
Either that or buy as much XRP as you can when the price goes back under $1. Bought 39,000 of them last Tuesday, it makes me want to cry for fucking joy.
Ryder Martin
Okay, well how are you: A) Going to get someone to buy even half of that in USD B) Get a wider adoption of BTC if there aren't a lot of people who have them and now it is too expensive/risky to buy in?
It sounds like people trying to trade plebbit karma 4 cash
Blake Sullivan
You are the one that needs to learn, if you put a sell order of 1 million BTC on an exchange with no stop price, yes, indeed, you would crash the market.
Adrian Price
Bulgaria has the equivalent of a thermonuclear bomb for the bitcoin economy, perfectly capable of crashing the economy.
Jeremiah Mitchell
My ass and address
Will take more pics for more coins 1LQBZX2abJRqqtAHnTeti297khnHnnPMpD
Justin Reyes
Mfw I realize btc was invented by the energy cartel to consume copious amount of energy in order to enrich themselves
Xavier Foster
>"[I am new to bitcoin please explain it to me]" Since you asked so nicely, sure. Let's start by clearing up some misconceptions. >Banks are evil, but bitcoin is an anonymous bank. incorrect. Bitcoin's blockchain is a fully publicly available ledger of transactions using their currency. It is not anonymous, the identifiers of payors and payees are entirely public; their id's simply don't have real world names attached. >You could buy a nuke if you wanted. not true. Nuclear arms (unlike marijuana or cocaine) would never reach your door, as well, you could also pay cash for all of these and arrive to the same (non) issue. >I don't get how cryptocurrency is not illegal. would illegalizing currency made out of shells work? same difference. >You can't make counterfit coins, why should it be ok digital? another non-issue. You cannot counterfeit the blockchain. I didn't say Satoshi or other competent peoples couldn't (theoretically), but you're beyond reasonable doubt incompetent when it comes to cryptography. >A decentralized bank sounds awesome, but is there a way to really track all the transactions going on? Yes there is, and this is my segue into how bitcoin works. >What is bitcoin? a decentralized currency and merchant processing network. Unlike the fiat or even gold-backed dollar, bitcoin has an inherent use value with immense portability. It is a freely available ledger whose maintenance generates wealth for the maintainers. The way it works is through advanced computing that is well above your paygrade, but the short of it is that I (you can too) "mine" coins from a pool by processing transactions on the network. Thus, the more it is used the more work there is to do and more money to be made. It does suffer from deflation and a 0 sum game, but future iterations of crypto currency will solve this as we transition from old to new. >why crypto? it obsoletes the fed, visa, and fiat. I hope this helped.
Hudson Cruz
Write what?
Gabriel Miller
$15 billion would get you , for one year, a reasonable small army 6,000 proper frontline british soldiers trained from scratch with all support roles and equipment, housing taken care of. Or 40,000 cheap russians with a days training. it's much more effective to spend a billion on media control and get them to do your bidding that way, lot less expensive.
Jaxon Perry
>their id's simply don't have real world names attached Unless you have your wallet on some site like coinbase where they verify your identity and report everything to IRS.
>would illegalizing currency made out of shells work? Look at the history of the liberty dollar
Connor Peterson
For anyone interested I have found 2 of satoshis active wallets, some of the coins in those wallets came from block 9/144. Those transactions in that wallet are purely artificial to make the wallet look like any other. Can you Sup Forumstards help me out and try and trace any transactions from the first 144 blocks?
>for one year, a reasonable small army 6,000 proper frontline british soldiers trained from scratch with all support roles and equipment, housing taken care of. Or 40,000 cheap russians with a days training You're autistic but you can pretty much purchase entire Ukrainian battalions at this point fully trained and equipped that are better skilled than any western euro company to do you bidding.
Ryan Cooper
>You can't make counterfit coins, why should it be ok digital?
u wot bruv
thats like saying I'm counterfeiting money if I monetise computer time to exchange with my son for doing his chores
Samuel Roberts
>"I am arguing for the sake of argument" Okay, sure. >Unless you have your wallet on some site like coinbase where they verify your identity and report everything to IRS. Again, the argument was that there was no way to track transactions (which I refuted), you are arguing the semantic here. Yes, some people's real names are attached. Others' aren't. The point is that name or no they are tracked, yes? >Look at the history of the liberty dollar I was using an analogy he would understand. I'm well aware of my history. How about this: could you make it illegal to compute a math problem? Sure, but why write an unenforceable law?
Do you have any other nits to pick?
Cooper Wright
You can't sell them for that much anyway, the value would collapse.
Cooper Lee
sexy
Julian Diaz
that much bitcoin isn't worth anything, the moment he tries to cash out he devalues it all
Lincoln Thompson
>Have 1 million BTC >Sell them >Takes a billion years if you don't want to crash the price
If anything that guy could just finally pop the bubble
Benjamin Ward
Bitcoin has an open ledger, you can track the transactions and the addresses, just not the ID
Jayden Lee
>You can't sell them for that much anyway, the value would collapse. Literally just bought a few cars from mining to celebrate the NYSE taking on btc futures like it's a security and not a currency. I don't think you understand personal finance and investment.
