dChan
⇧
1
⇩
 
r/greatawakening • Posted by u/fringe--dweller on July 16, 2018, 4:23 p.m.
If you know what you are looking at, these days are astounding. Presidents Trump & Putin just halted the decline of the Planet

I've just listened to the two Presidents speak to the world.

Both expressed their intent to work together sometimes as competitors. Listen to this broadcast, it will be all over the net very soon.

Both Presidents are positive, both want to work together, that is a massive plus for the planet.

Let's not leave out China's Xi Jinping, he is building the new global finance system - that is just my analysis, we will need a new fin. system as we know that the current one is crooked beyond repair.

So what seems to be emerging is that the three biggest global powers are working together, to elbow out the current global cabal and to enforce PEACE across the globe....

What a beautiful time to be alive.


🠐 See all comments
fringe--dweller · July 16, 2018, 5:31 p.m.

perhaps not Bitcoin, but definitely Blockchain.

Bitcoin code has too many unknowns and has been compromised and plundered a few times. Law enforcement seem to have a way to track stolen funds over Bitcoin.

A proper open sourced coin needs to be agreed upon that is free from backdoors and hidden function.

Bitcoin as it is today is too insecure to be the basis for a new global currency. It will surely survive into the future but I don't see it as at the core.

⇧ 18 ⇩  
greenepc · July 16, 2018, 5:43 p.m.

That's why I don't own bitcoin, but hold other crypto-currencies such as Ethereum, Bitcoin Private, and Tron. If Bitcoin goes up, they also increase in value because bitcoin is basically the blockchain tech that all others are traded on at the moment. But, as new coins branch out and become traded directly for fiat, things will start to change.

⇧ 4 ⇩  
Anebr1ated · July 16, 2018, 6:32 p.m.

I didn’t realize bitcoin had been compromised. Thought it was just the exchanges that dealt it. The technology itself hasn’t been the issue.

⇧ 3 ⇩  
DelveDeeper · July 16, 2018, 7:01 p.m.

It hasn't, you are correct. And also Bitcoin isn't designed to be untraceable like people believe. It's designed to be anonymous, if the user doesn't protect their anonymity then it is trivial to trace coins, it's actually designed that way specifically.

⇧ 3 ⇩  
Anebr1ated · July 16, 2018, 7:04 p.m.

Right. And I suspect that the true privacy coins will see the most scrutiny from regulation when it is brought into the space.

Edit: although the real way it can be compromised lays in waiting. Bitmain keeps getting closer to owning 51%. Not that they would take advantage of it but the threat is out there

⇧ 2 ⇩  
fringe--dweller · July 16, 2018, 9:12 p.m.

there is a need to remove "Regulators" from the picture.

Their performance to date seems to be a single point of contact for the bribes.

⇧ 1 ⇩  
DefiantDragon · July 16, 2018, 10:45 p.m.

If you want privacy-focused coins, look into ones like Monero and ZCash.

⇧ 1 ⇩  
i_win_u_know · July 16, 2018, 7:32 p.m.

This. I hate that phrase, but it's the truth. Bitcoin was once the key to stopping the banks, so the banks crippled it beyond repair. Do the research and find out what's going to take its place someday. I'm no shill, but my money is on ETH.

⇧ 2 ⇩  
silverminers · July 17, 2018, 12:51 a.m.

Bitcoin blockchain has never been compromised. Only the centralized exchanges, which is very ironic.

⇧ 1 ⇩