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So long as the internet is required to use Bitcoin it’s not exactly as permissionless or decentralized as it’s marketing buzzwords pretend. It is also pretty t
by throwaway_kufu 5y ago
So long as the internet is required to use Bitcoin it’s not exactly as permissionless or decentralized as it’s marketing buzzwords pretend.
It is also pretty trivial to fork Bitcoin so there is no more inherent value in Bitcoin vs a clone or fork. Compare that to a USD I think the last attempted fork was the currency of the confederacy going to show it’s not so trivial to fork.
- john_alan 5y agoIt’s permissionless because you don’t need a home or other status to use it. It’s decentralised because the US can’t globally stop it.
- jazzyjackson 5y agoI'm pretty sure we just haven't seen the war that would stop it. A few cut undersea cables and a dose of kessler syndrome would make all those burned cpu cycles for naught.