It's called being in a cult
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You don't even need to go that far. All it takes is for Bitcoin mining to stop being profitable -- which IIRC is BUILT IN to the protocol at a fundamental level, because at some point mining becomes literally impossible -- and suddenly transactions get much harder.
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Good luck working around the difficulty adjustment
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If that happens, we have bigger problems than saving our money. If this is what it takes to kill Bitcoin, I will take that bet!
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no in all likelihood the Fed/SEC could shut it down tomorrow and you’d be fucked, nuclear bombs are kind of a worst case scenario
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Shit if certain assumed axioms in cyber security are ever proven false bitcoin becomes worthless because it becomes trivially easy to replicate them with no way to prove the original.
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and practical quantum computing may not be that far off.
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Absolutely true. Same goes for your USD in the bank by the way. Most importantly, if this happens, money is the last thing I'd be worried about Let's call it a calculated risk
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Wow, it's such a shame that banks and fiat currency were invented by the creation of the Internet, which is essential to their function Damn that Al Gore
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Shit, a few well placed sticks of dynamites could destroy a large chunk of the Bitcoin "reserve"
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