₦airaland Forum

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Personal opinion rather than factual information


A form of exchange, created by an unknown JAPANESE, is giving the almighty America a run for its almighty dollar....and all central banks around the world are forming like they don't like it BUT ARE SLOWLY ADOPTING IT

-America did not for once think of creating her own
- a private individual named Satoshi had the resources to created a digital currency just out of the blues
-one single electronic Bitcoin is $60,000 of America dollar...
Which currency is much greater... Bitcoin or dollar ...and America allowed that



Where's NFT now

narite:
Quite an interesting read. I advise people to take it as your personal opinion rather than factual information.

Speaking of opinions, I have two concerns about Bitcoiinn:

1. The Creator of Bittcoin is Anonymous- The creator's anonymity is highly unlikely in today's interconnected world, a single digital footprint is enough to reveal our identity. In fact on this anonymous forum, our Nairaland's account is enough to trace and discover us.

It is surprising that world governments with their vast resources find it completely impossible to identify the creator of an asset they themselves have accepted and recognized, now worth trillions of dollars.

2. Bittcoiin Cannot be Hack- The claim that Biitcoiin is unhackable continues to puzzled me.

In a world where computing Power are growing exponentially beyond human comprehension, where there are quantum computers that could learn the Sequence, Structure, formation of DNA; recreating us (DNA Hacking) and rapid technological obsolescence, it is said that technological innovation becomes obsolete every 18 months.

It is highly unlikely that a 15-year-old technology remains secure and anyone who believes it unhackable or it will cost too much to hack it should be leaving in a cave.

Note: This is not a call to sell your cryptöcûrrency.