>the absolute state of Bitcucks
The absolute state of Bitcucks
Camden Bennett
Cameron Kelly
btw, Bank of England is a client of Ripple
Easton Ward
>Bitcoin failed to serve the purpose it was designed for
>"this is bullish"
lmao
Daniel Sullivan
if you wernt all late adopters, you would have heard this story hundresds of times before
ever wonder why early adopters literally dont give a shit?
Wyatt Gomez
>failed as a currency
>succeed as a hedge against fiat
At least it has found a use.
Andrew Wood
>Hey, this person with a huge conflict of interest is telling me something. I better believe him.
Brody Allen
looking forward to their pink wojaks when XRP inevitably dominates web payments
Henry Smith
I hope you are wrong, we don't need a pre-mined centralized shitcoin dominating the market.
Charles Baker
.
Cameron King
>hedge against fiat
hahaha something tells me the 20k buyers don't agree with you
Jose Thomas
Anyone buying above the highest tested price is fucking retarded, thankfully their money goes to those that better know how to use it.
Levi Allen
>pre-mined
there's no mining in Ripple
>shitcoin
literally one of the two only useful coins today (the other one is Monero)
>centralized
it's actually more decentralized than bitcoin
.Bitcoin
-One company has more than 50% of the hashpower (Bitmain)
-One oppressive country has more than 50% of hashpower (China)
-One company has a monopoly on creating efficient ASIC Bitcoin miners thanks to patents (Bitmain)
-One company can rollback the chain and bankrupt the entire ecosystem (Bitmain)
Ripple
-10s of validators run by reputable non-related public and private entities in different countries (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-double spending not possible (the chain can't be rolled back)
-Consesus requires a supermajority of 80%
-Anyone can run a validator and use his own list of validators
.
.
pic related is the owner of bitcoin.org and bitcointalk.org
Camden Lopez
>-One company can rollback the chain and bankrupt the entire ecosystem (Bitmain)
Physically impossible at this point in time, the chain is too big
Logan Diaz
educate yourself, retard, it's called 51% or reorg attack.
en.bitcoin.it
here's a very possible scenario explained by an early bitcoin adopter:
How to Destroy Bitcoin with 51% (pocket guide for governments)
medium.com
.
DAILY REMINDER: DOUBLE SPENDING IS NOT POSSIBLE WITH RIPPLE
Liam Baker
these retards don't understand that there's a huge demand for a crypto as a currency, if you don't fill that demand someone will take your place.
Gabriel Butler
>>Bitcoin failed to serve the purpose it was designed for
>>"this is bullish"
>lmao
The point is that it did not. The bullish is that top bankers mention bitcoin on-record; a few years back they just didn't care (at least officially).
Nathaniel Robinson
well as a UKfag I think he failed as a man
Asher Stewart
This.
Top bankers showing their hand by attempting to FUD crypto is always a bullish sign. This isn't a bullish sign because someone really thinks that Bitcoin has failed as a currency, it's bullish because it shows that the bankers continue to fear crypto
Ian Perez
Mark Carney is a grade A twat. Literally a Rothschild stooge.
Angel Gonzalez
>Create new money digitally
REEEEEEEE
Adrian Smith
>inevitably
Mason Allen
>being so pathetic and irrelevant that a mention by a banker make you wet your pants
This is not 2011. Bitcoin should have dominated the world by now.