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Igor's avatar

You ae pretty much right about all Bitcoin related things :)

A digital ledger with builtin-security is not *money* but it can be (re) used as a database/record for a real (depposited if you so chose) money (no counterfitting of recipts) or any other kinds of services/goods that currently government/banks have a sole monopoly on recording (e.g. property records) that have to be recorded and are of *public* interest.

The most likely path is the one of decption, after pushing CBDC and failing, they will adopt/regulate one of the popular "crypto" chains as new money .. (most likely after the crash - so there is convincing argument for need for regulation).

Trump can best be described as the false messiah whose job is to entrap as many as possible into NWO.

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aux is playing's avatar

There are also significant architectural problems with Bitcoin. The following was lifted from "Bitcoin — The Untold Truth" by Paolo Raimondi, Jun 23, 2020

https://medium.com/@raimondi_18761/bitcoin-the-untold-truth-f125b3e3aa3a

Code Developers have the ability to build their applications down to layer 4 of the OSI model, which is locally significant to the computer system to which that particular application resides. However, if that application wants to interact with a counter-party over the internet it must speak the language of the internet, which is TCP/IP.

Bitcoin is an application layer protocol, no different than any other application layer protocol that has been written to interoperate with the internet.

It is easy to capture packets of a Bitcoin traveling though a network. Internet Service Providers around the globe can identify Bitcoin on their network quite easily and collect information about the conversation as well, there is no need for them to see the contents of what’s inside as they know already what type of conversation is taking place.

Bitcoin’s dependency on a public network acts more as a liability than an asset, as this level of exposure is enough for Internet Service Providers to begin blocking the protocol from ever being allowed access on the public network.

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