Has #Bitcoin ever been hacked?
No, it's the most secure computer network on planet earth. Prove me wrong!
Can #Bitcoin be stopped?
Technically yes, if the whole planet, every country together, decides to switch off the Internet at the same time. But everything else will be shut down too. This makes no sense.
So a clear no! Now you can protect your capital with Bitcoin, nothing will happen, nothing will change.
#Bitcoin has a limited supply, everytime someone buys, everybody in the network benefits, because their #BTC also became scarcer. This incentive will encourage more and more people to contribute to this process. The network grows practically forever. This makes the network also more secure day by day creating even more incentives, to contribute to the system and therefore scarcer and scarcer and more valuable. Forever!
Now you can protect your capital with Bitcoin, it's protected by the most secure computer network on earth and it growths forever through decreasing supply.
Every human can join the network, but only, when everyone plays by the same rules. These rules are unchangeable. But it is still possible to build/develop on top of Bitcoin, because it's a protocol at the end. Wouldn't it be a good idea, to build on top of the most secure, most scarces and exponentially growing protocol which is designed to grow forever in value? I mean I don't know but, this sounds fucking amazing! To good to be true actually. Like a ponzi right? No, google what a ponzi is. Bitcoin is controlled by nobody, no central entity. The globally distributed nodes must play by the same rules or they can't play the game. And this is one of those immutable rules/principles.
So yeah, it really is to good to be true!
#stacknchill
schnater / Schnater
npub1jr…nk8xt
2024-08-27 20:18:06 UTC
Author Public Key
npub1jrkl9gz9fuaxsfx47yduwpmgctaxvvhjfq88chzzjnwcknjnxxwsynk8xtPublished at
2024-08-27 20:18:06 UTCEvent JSON
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"content": "Has #Bitcoin ever been hacked?\nNo, it's the most secure computer network on planet earth. Prove me wrong!\nCan #Bitcoin be stopped?\nTechnically yes, if the whole planet, every country together, decides to switch off the Internet at the same time. But everything else will be shut down too. This makes no sense.\nSo a clear no! Now you can protect your capital with Bitcoin, nothing will happen, nothing will change.\n#Bitcoin has a limited supply, everytime someone buys, everybody in the network benefits, because their #BTC also became scarcer. This incentive will encourage more and more people to contribute to this process. The network grows practically forever. This makes the network also more secure day by day creating even more incentives, to contribute to the system and therefore scarcer and scarcer and more valuable. Forever!\nNow you can protect your capital with Bitcoin, it's protected by the most secure computer network on earth and it growths forever through decreasing supply.\nEvery human can join the network, but only, when everyone plays by the same rules. These rules are unchangeable. But it is still possible to build/develop on top of Bitcoin, because it's a protocol at the end. Wouldn't it be a good idea, to build on top of the most secure, most scarces and exponentially growing protocol which is designed to grow forever in value? I mean I don't know but, this sounds fucking amazing! To good to be true actually. Like a ponzi right? No, google what a ponzi is. Bitcoin is controlled by nobody, no central entity. The globally distributed nodes must play by the same rules or they can't play the game. And this is one of those immutable rules/principles. \nSo yeah, it really is to good to be true!\n\n#stacknchill",
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