and this is how bitcoin will die slowly...
I doubt Bitcoin will die at this point in its lifecycle. It will however get to a point where institutions will control it to some degree. They have the resources and the tools. They've been doing it for decades now with Gold.
But then again, I might be wrong. Only time will tell. I'm just enjoying the ride for now.
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Nope, quite the opposite as long as the network can defend itself :)
Do I have more faith in bitcoin that @DarthCoin?
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Do I have more faith in bitcoin that @DarthCoin?
Yes, you do. Lol.
Side note to remember. We've already seen Blackrock owning shares in big mining firms. This means that with enough resources 'capital' they can control a relatively large percentage in the overall network: https://stormgain.com/blog/investment-giant-blackrock-buying-up-mining-and-bitcoin-stocks
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