­čĺ│ ONE WORLD DIGITAL CURRENCY ­čĺ│ Blockchain The Future Of Digital Transactions­čĺ│

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  • and-now-this reply Alrite Craig. Thanks for upvoting my daft clip haha. I get board... Anyway just wanted to say I like your vids and find I agree with a lot of what you say. Keep up the good work.
  • and-now-this reply Alrite Craig. Thanks for upvoting my daft clip haha. I get board... Anyway just wanted to say I like your vids and find I agree with a lot of what you say. Keep up the good work.
  • lewren reply By your logic, Internet is bad, because whitehouse.org or europa.eu exists? You have a very poor understanding of what blockchain is. Its not a 'one' thing. Its a system of handling data that anyone utilize and customize for its own purpose, be it currency or something else. If EU chooses to use a blockchain for something, its not the same as them controlling Bitcoin, nor does it mean they can switch it off as the two things would have nothing to do with each other. You are conflating it being global with being centralized, when in fact it is the opposite. The whole point of blockchain technology is that there is no central point (as far away from centralization as you can get), and the bigger the network (ie the world) the stronger it is against corruption. There are cyrpto-currencies like Ripple for example, that is developed mainly for banks and such, but as with the case of EU developing blockchain-tech, this has nothing to do with other types of crypto-currencies. The past vide...moreo you refer where the banks invest and develop their own crypto-currencies have nothing to do with Bitcoin. Its very misleading of you to state this. Banks would be stupid not to utilize the technology seeing how they can save large amounts of money on not having to rely on multiple other banks and people working (as it is today) for something that a network of computers can do. from Wikipedia: Secured from tapering and revision: YES. What you are claiming is completely ridiculous. In the case of Bitcoin you're saying that here is some magical kind of flaw in the well known cryptographic nature of its algorithm that no mathematician has seen, and that the person(s) that invented Bitcoin has some superior knowledge of it vastly surpassing any and all other mathematicians on the planet. What about the other crypto-currencies that use other algorithms for encryption and hashing? I mean, could there be ways of cracking those algorithms? Sure, but for each day that passes the likelihood of it being so decreases- and the fact that none of the crypto-currencies out there today has been cracked through mathematics kind of testifies to what wiki has to say about it.
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