Free BTC Bitcoin? Now What?




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Even with free BTC, I am confused as to what to do with it, how to claim it, where to store it, how to spend it, what to buy with it and so on and so forth. No currency that is shrouded in this level of mystery will be easy enough to use for the masses to grasp. If a currency cannot be used by the masses, it will cease to be a currency. I do not wish to rely on a currency that itself relies on the power to be on, the internet to be functioning, the Wi-Fi to work, to have cell reception and for people to understand its mystery. BTC in my opinion, relies far too much on the existence of a highly advanced and technologically savvy people, with up to date software, electricity and devices. Previous video here:

YOU CAN’T GIVE BTC AWAY:

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24 comments on “Free BTC Bitcoin? Now What?

Here's the deal. I will break it down quite simple on why I believe BTC will never take off and become this great system and currency. First off, it is NOT a hedge for economic catastrophe or disaster, meaning whenever those scenarios seem to play out or become anticipated; BTC will bleed wealth into Gold (true safe haven). In any type of "event" if someone approached me with a thumb drive wishing to exchange the BTC inside for any goods and services, I would politely reject the offer. I have no use for BTC, never have, never will. The block chain technology, wallets, passwords, keys, codes, and labyrinthian endeavors required to utilize this electronic, technology, device, internet dependent currency makes it literally useless for me and BILLIONS of other people. As I have stated before. You cannot even give me BTC. No, literally YOU CAN'T. I can give my friend a gold coin or silver coin, I can hand someone a wad of cash – you can't even hand me BTC. It is not there. It does not exist. If it is not physical YOU DON'T OWN IT. You cannot protect it, hide it, stow it or move it as well as you think you can. When BTC finally dissolves and it will, I won't say "I told you so", I will tell you I'm sorry for you.

Submitted by Subscriber Jeffrey Bromfield:
Nakamoto writes:
"The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes."

"If a majority of CPU power is controlled by honest nodes, the honest chain will grow the fastest and outpace any competing chains. "

"If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins."

"we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power. "

If Nakamoto is right, this means the Bitcoin network has a very clear weak spot in plain sight. In the very words of its creator, there's no doubt: Bitcoin can be hacked, especially since spy agencies have access to the world's most powerful super computers.

I even have a useless wallet that I will never used, talked into getting it by a viewer: Wallet: 1JkPsq9vGpbs1hxkNtRBW6Yp8nnx8Gvrx Now what? Now I have a series of letters unlocked by other letters, to use a digital currency no one I know uses, for things inside of the internet…..

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I believe Big Gov & Big Finance have taken control of the BTC system's very complex 'second level' if you like, of using BTC Blockhouses to execute huge equity transfers in such a way as to appear as a bunch of diverse smaller transactions, helping Big C to buy back their issued shares from the market in order to keep the DJI artificially high without rocking the stock market — essentially fooling the Investment Analysts working for Investment Firms.

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Very informative! You may want to upload it to http://btcupload.com. Right now they are actually having a contest to have your video featured on their Main Home Page for their Launch day June 13th, if interested. You may want to check it out. Just thought I share this with you! Great Video by the way!

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