62
BTCandBarbells
62928df0ccf1c7aab35873c02eb12c21fc3d60650b72bc9a42467b64fbaa11e3
Buildin mass and stackin sats

It can be bought, in fact by anybody, including a potential attacker. The attacker could even be a group of miners on the current chain. How much would Blackrock be willing to spend to secure their new chain? Even if they did that, would the new chain retain the same value proposition if the code changes were nefarious or closed source? Reminds me of the hash wars, except the network is an order of magnitude more secure than it was during the hash wars.

Yea but miners would have to move to the newly forked chain as well or their would be nothing to validate the new network. Any nefarious change to the code would make it unlikely that miners would follow. The new network would have very little hashrate, making it more susceptible to attack and a poor value proposition.

People forgetting that bitcoin is proof of work. Owning a large amount of bitcoin doesn't give you any more control of the network than owning a small amount. Controlling 51% of the hashraye would be outrageously expensive. Even if they could afford to do so, why would they then just dump it? That's a lot of money lit on fire.

Used to burn every day, but now once a week at most. Get way more baked now.

Saturdays are for the bis. Solid back day, but couldn't resist getting a succulent arm pump to finish off. 💪

#bitcoin is the best money ever created. Fiat currency is simply a mechanism for the theft of innovation and productivity that should be enriching our lives. Instead, the excess is funneled to the rich.

Agreed. It would be so much easier to just take the element of greed away by moving to a bitcoin standard. If the rug pull is impossible due to the hardness of the money, then our elected officials might act more responsibly.

Can't stop thinking about how JPow straight up said that real wages will have to come down. Legit forcing the American people to finance the debt from an insolvent monetary system. Only way out is #bitcoin

Ugh back to my pleb job. Have to finance more #sats somehow I guess. #getonthelifeboat #bitcoin