Quote:
Originally Posted by MyBitcoin
Bitcoin is P2P. There is no way to monopolize it.
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You misinterpreted my statement.
What if IMONEY.COM runs a similar peer to peer system
and millions flock from bitcoin to IMONEY.COM and the
value of bitcoins drops from 98c to 0.000000001c ?
Not only that, the p2p software is centralised.
Quote:
Bitcoin uses SHA-256 and ECC.
Why wouldn't I? Bitcoin is open source and the whitepapers are free to download.
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For 1 you just skimmed my post for keywords and didn't answer that either.