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To: who_would_fardels_bear
With Bitcoin it is not the government that can steal your money but those with the financial wherewithal to run the massive mining operations or those with the largest stakes, i.e. those who got in at the top of the pyramid.

How do you envision them stealing from someone’s balance?

The big mining ops actually have more inventive than I do to see that the currency isn’t devalued, as such things threaten their investments.

33 posted on 12/20/2022 7:59:29 AM PST by Gunslingr3
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To: Gunslingr3

My understanding is that the blockchain doesn’t allow for instant transactions. Because of this transactions have to be prioritized and priorities are usually determined by who is the biggest stakeholder, i.e. who has the most Bitcoin. This allows for pumo and dump operations as tIe pumpers can get out before the suckers.


37 posted on 12/20/2022 8:09:03 AM PST by who_would_fardels_bear (What is left around which to circle the wagons?)
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