RE: Bitcoin manipulation

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Bitcoin manipulation

in blog •  7 years ago 

Since Bitcoin is decentralised and nobody controls it the Bitcoin is open source, meaning everyone can access the code. And a hardfork is basically when some people copy the Bitcoin code but makes a slight change that they think is better. So actually all these forks is only happening because Bitcoin is decentralised and therefor people can access it's code. If Bitcoin was controlled by the government or a company nobody except them would be able to access the code and make changes.

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Okay and I understand what you are saying my point or question I guess is what is to stop these people from making a new coin every other month just because they have the money to back it up we the people get screwed altcoins suffer because of it I don't see where it is fair I don't see the difference between governments printing off money whenever they want more money

They're kind of right if you really want to think of digital coins and tokens as legitimate currencies :)