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amezedbitcoiner
- Posts: 1
- Joined: Mon Sep 11, 2017 2:25 pm
Trusting bitcoin
If no one owns Bitcoin, how can I trust it?
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GreyWyvern
- Bronze Bitcoiner
- Posts: 376
- Joined: Wed May 17, 2017 8:12 pm
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Re: Trusting bitcoin
Bitcoin trust comes from your ability to observe the source code and see that it is fair and reliable.
By the same logic, no one owns the sun, but you can trust it to rise and shine every day because we can calculate rates of thermonuclear fusion and celestial mechanics and know that it is fair and reliable.
By the same logic, no one owns the sun, but you can trust it to rise and shine every day because we can calculate rates of thermonuclear fusion and celestial mechanics and know that it is fair and reliable.
Estimate the return on a pool.bitcoin.com contract: http://www.greywyvern.com/code/javascri ... itcoincalc
Re: Trusting bitcoin
Don't trust it, don't trust anyone, not even yourself. lol
Seriously though, read up on decentrilised technologies.
Seriously though, read up on decentrilised technologies.
Whichever chain wins,the world wins 
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