My Problems with Bitcoin
Ah cryptocurrency. That unaccountable wealth affixed to a block chain you can't control and others can simply wipe you out with sufficient knowledge of the full node server and/or wallet regardless of what you had or who you are.Allegedly envisioned as immune from confiscation governments are cashing in on seized bitcoin assets left and right.
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I once set up a bitcoin full node server and even operated it on my network for a day as a bandwidth test. It didn't impede those other things going on and as such I was ready if not willing to go there.
The thing I simply can't get past is how much hacking goes down leaving those who are exploited holding nothing but an empty electronic wallet.
There are other germane issues such as taxation, criminal activity, and universal acceptance but that bottom line for me personally is a propensity to lose it all in one fell hack.
So I low level formatted my fully functional full node server and gave the box to my brother, who along with his wife and grandchildren were very appreciative.
Some times that pursuit of personal wealth can hit a brick wall. Such was that between what I had hoped might become a profitable bitcoin sideline and me. I simply don't trust the technology nor those who are presently highly interested in it. Something about relying on the community for verification of it all just ruins it for me. Call me old fashioned, but I like my finances to fall under some type of regulatory control ... but not some global NWO control freak foreigners nor the gd crook ass Fed handing off all of our funds to the Jesuits either.