[Right_Wing_Madman]

Bitcoin IMO was released to bring the resistant masses along to digital currency

You don't need an opinion. Satoshi Nakamoto, inventor of Bitcoin, explains the purpose of Bitcoin in his white paper:

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

Bitcoin: A Peer-to-Peer Electronic Cash System
https://bitcoin.org/bitcoin.pdf

[9YearLurker]

And if you believe that...

[RoosterRedux]

But who controls and maintains the peer-to-peer system? Transactions are processed by miners, are they not. Who controls the miners?

I'm not saying there isn't value to the bitcoin system, but it appears to lack a system of checks and balances that, in the end, would be enforced by a legal system. In other words, it appears bitcoin owners don't have legal recourse in the event the system is hacked or intentionally broken.

And in my experience, I have yet to come across a system that is perfectly unbreakable, particularly when there's money to be made from breaking it.

[Jumper]

No one will bother to read the “founding documents” in this case, or the USG. The few who do will at least know what they read because it is simply stated in it’s complexity.

Thank’s for the link.

I started mining Etherum in December 2017. Spent about 65K on mining equipment (Computer equipment and electric), and made 99K at the time each amount was transferred into coinbase. I have put another 107k into my profolio - I took two BTC for each kid, and made 12k in purchases, and pulled another 137k from the profolio to recoup my initial 65K investments. Today, I have 4 BTC for the wife and I, 200 Solono and maybe 5K in a few other coins.

Bitcoin and Solona are the only crypto I consider safe investments. Etherum will probably remain solid. The rest of the thousands of coins are for the most part gambling schemes, which after the first few months or year(1) will never do anything beyound the Bump.