Comments by "Kristopher Driver" (@paxdriver) on "What's driving Bitcoin's rise? | Inside Story" video.

"... users can make purchases anonymously and without leaving a trace..." No trace at all.. Certainly not a permanently public ledger tracing coins back to inception lol not a trace at all 🤣😜
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Well... "can't" is a strong way to phrase it. Dominating a mining pool could have a bad actor mint and/or steal coins from anyone on the blockchain if they verify their own transactions through the mining pool.
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@mrhappy3032 true. The ledger system useful for huge transactions but terrible as a small goods payment system. The processing requirements are so heavy. That's the cost of secure redundancy in almost all cases even with servers. The more fungible the token the less resources required to manage it until fraud becomes a factor. Safe to say the current system rewarding banks for fraud then fining them 1% of their illicit gains is more costly to the publicly, arguably. If energy weren't an environmental concern (with nuclear power plants for eg) btc would be ubiquitous already.
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... Not to mention the public ledger is pretty transparent lol
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Try to access that wallet after an emp or solar flare lol broke over night
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@shaanm6360 I like monero. Hopefully the recent changes help encourage small mining operations to take away clout from pools. That would be ideal
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