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- Embed this notice@Humpleupagus @Eiregoat @sulaco @Floydian_Psychology @KingOfWhiteAmerica @sun >bankers invented bitcoin
If the Powers That Be did not invent Bitcoin, they are laughing until they piss their pants that someone did it for them. Since their dream is a Digital Currency where every penny is tracked, it means that some other payment method of maintaining the Status Quo of Crime and Corruption to continue. That's what Bitcoin (Crypto et al) is.
The description I read above of how Bitcoin transactions are settled is not accurate, by the way. The actual ledger that comprises Bitcoin could be run on a Raspberry Pi, no problem. The obscene computing power of miners is simply applied to solving a random mathematical puzzle to determine who will get the award for doing the trivial task of adding transactions to the ledger.