throwbtc711

3 ms·

1. 1.▲
   by throwbtc711 9y ago

   I’ve never cleared that amount of money on an exchange. For ~1M and above you use OTC a brokers. You have brokers in the US that can transfer you $20M per day without impacting the market in the short term. That’s how big ICOs liquidate the
2. 2.▲
   by throwbtc711 9y ago

   No, they can’t. And even if they could the network would just fork to a different hashing algorithm, which means that the attacker would have had burnt hundreds, if not thosaunds, of millions for nothing.
3. 3.▲
   by throwbtc711 9y ago

   But the thing about Bitcoin is that it’s made to be censorship-resistant. It is resilient. If you read Satoshi’s posts on Bitcointalk he simply assumed Bitcoin would have been banned at some point, and that’s why he made the design choices
4. 4.▲
   by throwbtc711 9y ago

   I disagree. I don’t want to play the smartass, but I’ve been into Bitcoin since late 2012 and I just started to sell very recently, when a small investment (low 4 figures) and some lucky events like particiating in early ICOs (for ex. Ether