#Bitcoin is for Fools, 🃏 #Monero_Rules! Bitcoin is #NOT_DECENTRALIZED. It never was. #Why?
Because decentralization must come from a massive adoption of technology (aka #NATIVE_ADOPTION 🌐 Worldwide) which can only be achieved via 💿 #CPU chips.
CPU'S have been used worldwide for the last 3 decades = #worldwide_mass_adoption.
CPU's are #decentralized by DEFAULT. Bitcoin 💩 shitcoin is NOT #Natively_Decentralization -- Its #Customized_Centralization
Here is evolution of Bitcoin DESTROYING its own Decentralization OUT OF #GREED AND CONTROL 👹
#BIG_GOV, #BIG_BANKS, #ASHKENAZI_JEWS AND #ZIONIST ELITES REPLACED #CPU'S with #Nvidia_Cards Remember?? Nvidia cards were #power_guzzlers and used to much electricity..
NVIDIA stocks crashed and 1000's of nvidia cards crushed by bull dozers remember??
Then cut a deal with china to make #ASIC mining rigs that cost $4 - 5k USD a pop!
Does this sound like a 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 - $5,000 USD A POP (Made in China??)
IN OTHER WORDS #CUSTOMIZED_CHIPS ARE #NOT_NATIVE!
CASE USE FOR SURVAILLANCE BITCOIN THE NEW SHITCOIN 💩 ON THE BLOCK?
#INSTITUTIONALIZED #CENTRALIZATION = #EXCLUSION!
https://en.wikipedia.org/wiki/Application-specific_integrated_circuit
Basically BITCOIN SURVEILLANCE SHITCOIN BLOCKCHAIN #REMOVED DECENTRALIZATION. NOW highly #susceptible to 51% ATTACKS NO MATTER HOW MANY LIES THEY TELL.
These NEW ASIC MINING RIGS will consolidate in the future controlling EVERYTHING and EVERYONE!
51% ATTACKS IS WHEN MINER CONTROL 51% OF THE HASH RATE.
All one big setup to #pick_away at your SURVEILLANCE shitcoin 💩 BITCOIN?? >> If that sounds similar to the #USD you would be absolutely correct!
#REPOST from 2007 >> AGAIN in 2016 on #LINKEDIN as a #Top_Influencer for 12 YEARS until #CENSORED!
Repost here. (Evergreen)
As with anything to do with Currencies there are Downsides as well as Upside$. 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.
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 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: 🌐 "I think that the INTERNET is going to be one of the MAJOR FORCES for #REDUCING the #ROLE of #GOVERNMENT.
🏦 The One thing that is missing that will soon be developed is a reliable ECASH. A Method whereby, on the INTERNET 🌐 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
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