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RE: The Blocks For This Coin Are Confirming So Slow That I Think They’re Being Sent Via The Post Office
Yeah, it was supposed to be all about security and decentralization. An event that can be stopped by nobody. That was the beauty. But it's selling out it seems. I would never invest in a blockchain that could be potentially shut down by government or any third party. Sent via the post office in wagons pulled by horses.
The current blockchain transport protocol only seems safer than post office wagons pulled by horses, because it's way, way faster. But when you get down to it, it's pretty much the same. There are shake hands made, semaphores to be obeyed and even speed bumps or crossroads. As it is right now, every crypto protocol can be shut down by the government or by whatever authority has the power to control the transporters.
Would be naive to think there are not considering the amount of money already involved. Well i am not that technical. Can't you just change the port and continue? Government can't shut all the ports. Though am not talking about this loud i have a theory that Bitcoin itself might be a government project.
That would be really something :))
Well considering the person behind the bitcoin is a myth. And Purchasing power of dollar 4 cents or something. the governments are not stupid. These are powerful people and greatest minds with legacy, power and i'd say unlimited funds. Won't that be naive to think it all just appeared from a thin air? Even leave aside transportation protocols and ports. The government could simply buy all the cryptos in one day and hold it or dump it if such was the desire to destroy hype in the block chain. And distributed systems are known for more than 50 years already and developed by governments itself for military purposes. Just a thought. Might be just another conspiracy theory :)
When was the last time the first proto type was the best ? The revolution and Evolution will continue. But everyone seems so smug about beating "The Man" and not taking it the next step! I hope you read my other posts and we keep the dialog going and start working on a perfect coin :-)
Cheers
Just followed you so will be getting your updates. evolution will continue. This only makes even more sense it's been dropped by the government. Safe way to switch from dollar to crypto. You can't just take and declared the largest world economy is moving from dollar to crypto out f the thin air. So you just initiate the process, watch it evolve and grow, open source solutions created for free with no risk and expense. Do the study, and when the time comes step in, adopt it on government level with official crypto and move on from there. Because they really need a solution pretty fast in order not to implode the world economy with the worthless dollars. Please keep in mind that it is their money that have no more purchasing power. The rest of the population own just ~1% of the wealth.
Great well thought out reply worthy of my upvote and your newest follower.
On my way to your blog now...
Cheers, Life is Good
Thanks mate, i am pretty to all this thing so maybe my opinion is not very reasoned more of an outsider look into all the situation. But i will catch up :)