Bitcoin Security is Unfuckable
Banks Terrified of Rebellious Software Bomb Wired on Badass Blockchain Technology
Legacy banks and governments built a financial system full of middlemen, centralized power, and points of attack that should make you madder than a pissed off hornet. Bitcoin turns the whole system on its head. Its security doesn’t depend on some button down bureaucratic assclown, it depends on the sweat and guts of the crazy bastards mining it with hardcore machines and stranded energy all across the world.
Proof of work mining ain’t no bull shit. It takes real computers running hardcore math problems and guzzling electricity like beer at happy hour. And you can’t cheat it unless you have an army of mining rigs ready to outwork everyone else across the globe. The epic computing power behind this is the muscle that stops attackers from getting jack. The bigger the global Bitcoin mining mosh pit, the less likely some dickhead can ruin the party.
And you know what reeeeally makes the banks and governments shit their pants? All their power relies on them controlling networks, borders, money flows, and anything else they can stick their lobbyist-loving hands into. Bitcoin blows control out of the water by distributing power across users, developers, nodes, and miners around the world like an Occupy Wall Street riot where participants are huffing pepper spray for kicks.
The core team can stick in new code but they can’t force it down like Big Brother. The nodes and miners ultimately stay in control. And good freaking luck trying to push anything malicious or fake through a decentralized network guarded by an army of self-interested miners and validators across the world. The second some funny business happens, bitcoin patches that shit up like a pit crew on meth.
The kicker is that sleazy traditional money systems let bankers and governments rub their grimy control freak hands over Everything you do (yuck, grooody). Their surveillance state tracks transactions, identity, locations, and anything else your paranoid brain can imagine. But the only thing Bitcoin tracks is tokens moving randomly from address to address. It’s owner freedom, absolute free speech money with no central authority to censor, no bank clerk sniffing up your ass, and no politician blocking legal transactions because they got a problem with folks buying the Devil’s lettuce or whatever the hell else. Although dizzy Lizzy does her best.
So while the legacy assclowns rely on bureaucratic middlemen and the illusion of institutional control, Bitcoin drops a rebellious decentralized bomb wired on blockchain technology, cryptographic security, and software safeguards promising to stand strong until the last ASIC mining farm shuts off for good. That’s unfuckable 24/7 security that never misses a beat, and transparency the old way could never touch without pulling the stick out their ass. And that shit just ain’t gonna happen.
And you know the sweetest damn thing about Bitcoin? There ain’t no central bankers or treasury department pencil-pushers running the money printer to fix the mess they made last month. Nope — with Bitcoin the money supply is fixed. Hard Money: Twenty-one million coins and not a satoshi more ever created.
It’s harder than a diamond strap-on in a nunnery and the whole system runs smooth as a baby’s bare bottom. So reliable you can set your watch to it like the damn sunrise.
This means your crazy libertarian uncle with a basement full of canned beans and ammo can rest easy. No more nut-scratching about discretionary policy wonks devaluing currencies like fun coupons at Chuck E Cheese’s.
But a fixed supply means users know Bitcoin’s scarcity is absolute. So as more folks want a snort of that sweetuncensorable digital gold, the value marches moonward. And we all know people love it when their stash keeps growing like Don Juan’s bedpost tally.
That’s why the world is going mad for reliable hard money. People want unstoppable neutral sound money that can’t be bent over a barrel for another nasty round of inflation and control games by the powers that be.
As many have said, as long as bitcoin security and distributed nature remain intact there is no stopping it. Wall Street got the memo, were just waiting on the geriatrics in government to finish their nap and get with the program. Rules without Rulers.
Originally published at http://www.brianconnelly.com