@banitama @MrSkweeze Let’s say the companies outnumber normal nodes 4:1 with malicious software (maybe expanding to 42 million coins) Normal nodes wouldn’t run the malicious software and the network would likely fork. Miners would stick to the original chain which would be more valuable having not been diluted with more coins.
Companies would have themselves a chain that no one would want and would have wasted all their capital spinning up malicious nodes.
Bitcoin hodlers have another instance to join here.
Boost / repost this to reach more potential users and keep the fediverse distributed.
This instance is Pleroma with Soapbox. The web UI is pleasant and has a great one on one messenger that you won’t find on Mastodon. You can also use apps compatible with Mastodon and Pleroma.
Onion service available: 4jqv7gntqtwjqijamez7ikrioy7sezgeghr4idjtvhnwvn4ehdxryxad.onion
Be ready for your funds to be kept hostage for information on all the custodial exchanges.
* use @bisq_network and @hodlhodl
* buy from friends with cash
Today @Bitstamp has gone even further than the law requires. They now want me to:
- show them how much I earn
- show them where I got my #bitcoin from
- proof of funds
Seriously!! WTF!! And I can’t withdraw and leave so must comply..
Greg Maxwell on whitepaper removal from bitcoincore.org
Bitcoin Core usage survey from contributor Andrew Chow:
info about the survey:
Front-running the VC bros in seizing another nakamoto domain.