#Bitcoin ๐ฉ is #Fools_Gold, ๐ #Monero_Rules! Bitcoin is #NOT_DECENTRALIZED. It never was. #Why?
Because decentralization must come from a massive #adoption of technology (aka #NATIVE_ADOPTION ๐ Worldwide) which can only be achieved via ๐ฟ #CPU chips.
CPU'S have been used worldwide for the last 3 decades = #worldwide_mass_adoption.
CPU's are #decentralized by DEFAULT. Bitcoin ๐ฉ shitcoin is NOT #Natively_Decentralization -- Its #Customized_Centralization
Here is evolution of Bitcoin DESTROYING its own Decentralization OUT OF #GREED AND CONTROL ๐น
๐บ๐ธ #BIG_GOV, ๐ฆ #BIG_BANKS, ๐ฎ๐ฑ #ASHKENAZI_JEWS AND ๐ฌ๐ง #ZIONIST ELITES ๐ซ๐ท ๐ฉ๐ช REPLACED #CPU'S with #Nvidia_Cards Remember?? Nvidia cards were #power_guzzlers and used too much electricity..
NVIDIA stocks crashed and 1000's of nvidia cards crushed by bull dozers ๐ remember??
Then cut a deal with ๐จ๐ณ #china to make #ASIC #mining_rigs that cost $4 - 5k ๐บ๐ธ USD a pop!
Does this sound like a 'Affordable' #Decentralized_Network to you??
#ASIC DEFINED: #Application_specific_integrated_circuit
An application-specific integrated circuit is an integrated circuit chip #customized for a #particular_use (GREED USE;), rather than intended for #general_purpose_use, such as a chip designed to run in a digital voice recorder or a high-efficiency video codec. Application-specific standard product chips are intermediate between ASICs and industry standard integrated circuits like the 7400 series or the 4000 series @ $4,500 - $5,000 USD A POP (Made in China??)
IN OTHER WORDS #CUSTOMIZED_CHIPS ARE #NOT_NATIVE!
#CASE_USE FOR #SURVAILLANCE BITCOIN ??THE NEW #SHITCOIN ๐ฉ ON THE BLOCK?
#INSTITUTIONALIZED #CENTRALIZATION = #EXCLUSION & #GREED!
https://en.wikipedia.org/wiki/Application-specific_integrated_circuit
Basically BITCOIN #REMOVED DECENTRALIZATION. Now highly #susceptible to 51% ATTACKS..
These NEW #ASIC #MINING_RIGS will consolidate in the future--controlling EVERYTHING and EVERYONE!
51% ATTACKS IS WHEN MINER CONTROL 51% OF THE #HASH_RATE.
All one big #setup (PONZI SCHEME) to #pick_away at your SURVEILLANCE ๐ฉ BITCOIN?? >> If that sounds similar to the #USD you would be absolutely correct!
#REPOST from 2007 >> AGAIN in 2016 on #LINKEDIN as a #Top_Influencer for 12 YEARS until #CENSORED!
Repost here. (Evergreen)
As with anything to do with Currencies there are Downsides as well as Upside$. On the upside the competition for #Crypto_mining is #fierce. The whole idea to crypto mining is for the #miners to #confirm that each #block in the #chain is #ACCURATE. #Internal_policing is used to confirm all transaction in each block multiple, multiple times.
This #insures #high_integrity of each #transaction -which is also referred to as a #Hard_Promise.
#Unlike #CENTRAL_BANKS that offer only #Soft_Promises -while our "Dollars" are picked at -until gone..
A #BLOCKCHAIN transaction is NOT a Payment. A BLOCKCHAIN transaction is a #Software_Program, which is referred to as the technology known as #Blockchain.
๐ฃ #DAVIDv: The #power is in the #software. ABSOLUTELY NOTHING TO DO WITH THE COIN!
Its not the "payment" that is irreversible, its the #BLOCKCHAIN_PROGRAM" that is Irreversible if truly #Decentralized.
CPU's are a common denominator as well? EVERYONE HAS GOT AT LEAST 1 CPU.
aka #native_decentralization AKA #NATIVE_ADOPTION_WORLDWIDE.
..and the key COMPONENT for true decentralization which the current bitcoin DOES NOT HAVE!
Transactions CANNOT be #APPEALED, #REVERSED (a big one) or #CENSORED.
#COINS built on TOP OF VALID BLOCKCHAIN technology offers SOLID #Security, #PRIVACY, #Decentralization and #ANONYMITY--AS WELL AS AUTONOMY since 1999!
Quote here: ๐ "I think that the INTERNET is going to be one of the MAJOR FORCES for #REDUCING the #ROLE of #GOVERNMENT.
๐ฆ The One thing that is missing that will soon be developed is a reliable ECASH. A Method whereby, on the INTERNET ๐ you can transfer #Funds from "A" to "B" #without "A" #knowing "B" or "B" knowing "A"?
But #ANONYMITY as well as #AUTONOMY WAS REMOVED FROM THE BITCOIN BLOCKCHAIN SOFTWARE #STACK??
aka #ENCRYPTION?? Rendering all Centralized Banks and Governments 100% POWERLESS OVER ITS CITIZENS!
#Banks or BIG GOV simply cannot compete with this technology..
~Give a man a Gun he will rob a bank, give a man a BANK he will ROB the World.. JP MORGAN~
1. VIDEO: https://youtu.be/QrHsFZBab4U
2. VIDEO: https://youtu.be/PGrMM65QOa8
๐ DISCLAIMER: We Cover the 'Way' the #News is #COVERED_UP! ๐ฟ
๐ด The #Next #Global_Superpower Isn't Who You #Think ๐ง
WHO is TastingTraffic.com? | The NEW DIGITAL GLOBAL ORDER | NO NATIONALITY LEFT BEHIND | COMING SOON! ๐ ๐ ๐ ๐ ๐บ๏ธ
๐ผ JOBS FOR ALL = #UNLIMITED #OPPORTUNITIES FOR #ALL #GLOBALLY!
* JOBS FOR ALL #GLOBALLY!
* #WORK_FROM_HOME
* BE YOU #OWN_BOSS.
* #SIGN YOUR OWN #PAYCHECKS!
* WORK YOUR OWN #HOURS
* MAKE IN EXCESS OF 300K PER #MONTH NET! ๐ค ๐ฐ ๐
* #UNLIMITED_OPPORTUNITIES ๐ค
25 YEARS 24/7 Experience:
* Software Architect (PhD) Supervisor -25 years 300K PMS hours
* EXPERT BLACK BOX TESTER
* Founder of SEO (Search Engine Optimization)
* Founder of RTB (Real Time Bidding)
* Founder of HFT (High Frequency Trading)
๐ท ๐พ #TASTINGTRAFFIC_LLC | The Largest (WWW) #DIGITAL_TRAFFIC PROVIDER in the WORLD since 1999.
๐ WORLD WIDE BUSINESS HOURS?? 24/7 ;)
JOBS FOR ALL WORLDWIDE COMING SOON;!
http://Withbrains.com/@wemoveeyeballs ยฎ (HOT! HOT! DIGITAL TRAFFIC ALERTS! Traffic is King! >> Got Content?);
https://TastingTraffic.net ยฎ ( #International_Tech_News | Decentralized Social);
http://JustBlameWayne.com ยฎ (Just Blame Wayne & Post it | Decentralized Social);
http://Davidv.TV ยฎ (Big Faith | Christianity RAW 101 | Decentralized Social);
https://withbrains.com/@davidv ยฎ (Decentralized Social--Building Human Peripherals Since 1999)
TASTINGTRAFFIC_LLC are NOT affiliates of this provider or referenced images used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.