Quote:
Originally Posted by Barry-xlovecam
The fallacy of this 21 million unit limitation is who enforces it? The Bitcoin Commission? Bitmain the miners equipment source? Self regulation of the market -- that's a good one.
^^ digital currency that is regulated and transportable across international borders. A globally recognized currency. That is an idea whose time has come. This will facilitate world commerce and advance civilization. This is the good I see in all of this rather than short time profit in speculation.
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please read more about BTC and other cryptos and later post. 21 mln is just 21 mln, IT'S THE MATH. like 2+2=4. Principles of bitcoin lay in math and 21 mln is one of the rules of it. You just cant make more bitcoins.
As for "global recognized crypto" - well currently there are few dozens cryptos. Just some of them provide users total anonymity and privacy (BTC IS NOT one of them). What you are saying is the wet dream of every bankster, and every NWO agenda out there. Global currency without privacy, easily traceable and easily removable, "regulated" by some crooks in some governments - I'm sorry but only old farts can fell into it. The principles of most (if not all) cryptos are totally different and opposite.