How to destroy bitcoin?

>what is decentralization

could satoshi nakamoto destroy bitcoin if he wanted to?
could the bitcoin devs take down bitcoin?

Ok sure but let's assume the bankers don't want to ban it even if that would be better for the government as a whole.

It's illegal to pump and dump stocks but I'm sure its perfectly legal to pump and dump bitcoin. They will wear down the faith and trust that people might have in bitcoin rather than outright banning it. By banning bitcoin they would be elevating the level of trust people have in bitcoin.

Not only does this enable you to destroy the usefulness of bitcoin but it also makes them and their friends rich.

Wtf that chart looks exactly like BTC, just slower

They dont need to, they can just chip away at it with regulation over 10-20 years until it is fully under their boot. People wont even care because new fags enter the market and dont even know why BTC was a thing to begin with. It's already happening btw.

simultaneously use all their nuclear power plants

99% are not using it anyway

Still too small percentage of people actually use btc the government doesn't care right now at least

What do you know about DuckDAO?

Found Medium article about their Crypto Incubator, seems transparent, share your opinion about it.

Same way you take guns away. Use media to vilify something and constantly place new regulations on it each year. Give one of the big pedos in government a shit load of bitcoin, then bust him. Run stories about child bitcoin trafficing 24/7. Ban bitcoin is public approval.

They could print more btc

Just make all financial services make it illegal to us, or charge outrageous fees in the name of funding extra AML costs.

>Retailer wants to accept it? 40% transaction value charge
>Bank wants to transfer to a fiat/crypto onramp? 200 page AML form
>International bank transfer from an account that's received money in the past? 300 page AML form
>An international bank wants to send money? Freeze them out of the international banking system if they've shown connections with crypto in the last 2 years
>Use terrorist crypto addresses as justification to connect all cryptocurreny trading to terrorist activity. Block all accounts from withdrawing their funds while investigated (for 12month+)

You don't need to ban bitcoin, you just need to make it so exceptionally difficult to use that it slowly dies away. Make so 99.9% of people have no appetite for the risk/reward.

>Stage a (((false flag event)))
>Magically discover all the supplies were purchased with bitcoin on the spooky darkweb and mention all the other abuse, drugs, and services on the evil dark web in the 24/7 news cycle for as long as their controllers instructed
>Make up an investigation NPC's won't question with a catchy headline "BITCOIN USED TO FUND 90% OF ALL TERROR GLOBALLY"
>Regulate banks so they are not allowed to deal in any crypto transactions or face heavy fines
>Go after the companies that have crypto wallets under the guise of (((national security)))
>Regulate, tax, audit, harass anyone/anything related to crypto
>Crypto is effectively banned

>1.5x10^18 hashes per second

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A sufficiently powerful government could just ban mining and use their financial/military power to compel the UN or many allies to do the same for some bogus reason. Then you could have a cold-war style campaign like the race to the moon where the government puts its full might into developing mining farms or quantum computers with which to 51% the network. The US government could easily pull together this hash power if it were priority number 1. However, the US in particular is far too worried about china having beaten them to the punch with BTC and cryptos, so becoming a big player is now a matter of national security. China already owns most hash power which is a huge vulnerability for the US--- if BTC proves to be the next world store of wealth, they CANNOT let China have even the whiff of an ability to control the BTC network. Imagine China one day deciding to compel all their miners to mine a blockchain where all the US government funds no longer existed, or which allows the CCP to double spend or have 100,000,000 new BTCs, or change the protocol altogether.

I could see this being big issue in the future where you have a cold war played out in BTC forks. Instead of capitalist west vs. eastern bloc communism, you have BTC US vs BTC China. Instead of squabbling libertarian manchildren fighting over Bitcoin Cash forks, imagine entire countries battling over which chain should be the world chain, with each fork offering distinct advantages for one country and vice versa for the other. China has allowed itself to double spend on the original BTC network, outpacing the US's spending ability, and it claims that chain is the rightful chain. The US and Eurozone reject that chain use a POS version of BTC, which they prefer as it's less energy-hungry (they can't keep up with China's low mining costs). The issue over control of BTC will become #1 in the future.

they will need btc to form the great reset faggot you might see btc at 100k in a few months all ppl will fomo into it as the foat loses more and more value and when most of ppl hopped on the train they will cut off electricity and make it worthless whild gold and silver will shine. nobody would invest into crypto again but those who do will be again the future millionaires like btc.

And conveniently have the Rothschild backed "digital dollar" ready to roll out while normies are at peak fear level as a safe, secure, trustworthy alternative to current crypto that will satisfy 90% of the population and the 10% that realize what's going on are seen as crazy conspiracy theorists.

Thye wouldn't, they'd adopt crytpo but maybe not BTC in general

BTC provides a whole new arena for financial and economic dominance, and the US would probably be more interested in taking advantage of it than trying to eliminate it altogether. It's like if Russia developed the atom bomb before the US--- would the US embark on a campaign only to stop russia's bomb building and prohibit their own scientists from building one for the US? No, the US would rather start making their own bombs to ensure that they are the #1 player in this new battlefield technology

why would they ban something made by the NSA, something so easy to track that lets you see every transaction, they want bitcoin to succeed but cant make it too obvious

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no & no

Crypto is already pumped and dumped regularly and the users don't care. As long as economies like Argentina continue an inflationary spiral, bitcoin will always be a long-term winner no matter how much manipulation is intended.

>economies like Argentina
wouldn't they just use stablecoins?