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Relevant quote "a greedy company like Apple or Microsoft could simply install a Bitcoin client on every device and would have the majority vote needed to alter
by bgaluszka 13y ago
Relevant quote "a greedy company like Apple or Microsoft could simply install a Bitcoin client on every device and would have the majority vote needed to alter the software, increase the supply of Bitcoins"
- nkuttler 13y agoA "bitcoin client" doesn't give any "voting" power. Mining does. Mining takes a lot of power, so sure, if Apple or Microsoft wanted all of their devices to run out of power in an hour or so they could try such a thing. Besides, against specialised hardware this would be a drop in the bucket anyway: https://en.bitcoin.it/wiki/Mining_hardware_comparison https://en.bitcoin.it/wiki/Mining_hardware_comparison Your "relevant quote" demonstrates that op is clueless.
- bgaluszka 13y agoYeah, that's what I meant. I only quoted what GP was talking about.
- pjbrunet 13y agoYou don't think an entire country (or group of countries) can't build their own custom mining hardware? You're also talking about today's devices. You need to consider devices 5 years from now, created in a world where $10,000 Bitcoins exist.