“What Roger doesn’t get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud.”

"What Roger doesn't get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud." submitted by /u/bitme123
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Bitcoin – The Currency of the Internet

If every millionaire wanted 1 BTC, they couldn’t have one.

According to this study, http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=168E2808-9ED4-5A5E-19E43EA2A731A4ED

there are 35.9 million USD millionaires in the world. With 21 million BTC max in existence, they could each only have at most 0.585 BTC (even less if 2-4 million BTC is lost forever.) And that's if no governments, banks, or other corporations wanted any.

Think about that. They couldn't each have one. It doesn't matter how rich those people are. How many millionaires are you preventing from owning a whole BTC?

buy and HODL

submitted by /u/nsoniat
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Bitcoin – The Currency of the Internet

Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted (news.bitcoin.com)

The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal.
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