Can Bitcoin be counterfeit - Blockclassified

1 million bitcoinerds in images & links

bitcoinCounterfeit.com
[link]

so what happened to these bitcoin "counterfeiters"?

so what happened to these bitcoin submitted by restion to Bitcoin [link] [comments]

2 suspected Bitcoin counterfeiters are arrested in Germany

2 suspected Bitcoin counterfeiters are arrested in Germany submitted by nordite to altnewz [link] [comments]

[ Bitcoin ] You Can't Fake Bitcoin: CBP Seizes $3.6M in Counterfeit Notes Along Canadian Border

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09-20 22:35 - 'You Can't Fake Bitcoin: CBP Seizes $3.6M in Counterfeit Notes Along Canadian Border' (coinfomania.com) by /u/wmredditor removed from /r/Bitcoin within 1065-1075min

You Can't Fake Bitcoin: CBP Seizes $3.6M in Counterfeit Notes Along Canadian Border
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Author: wmredditor
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Is the Bitcoin economy to implode anytime soon? (New academic paper)

Just wanted to bring this new paper to you.
If going to comment, please engage with the arguments.
Abstract
This paper discusses the economics of how Bitcoin achieves data immutability, and thus payment finality, via costly computations, ie "proof-of-work". Further, it explores what the future might hold for cryptocurrencies modelled on this type of consensus algorithm. The conclusions are, first, that Bitcoin counterfeiting via "double-spending" attacks is inherently profitable, making payment finality based on proof-of-work extremely expensive. Second, the transaction market cannot generate an adequate level of "mining" income via fees as users free-ride on the fees of other transactions in a block and in the subsequent blockchain. Instead, newly minted bitcoins, known as block rewards, have made up the bulk of mining income to date. Looking ahead, these two limitations imply that liquidity is set to fall dramatically as these block rewards are phased out. Simple calculations suggest that once block rewards are zero, it could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up payment finality. Second-layer solutions such as the Lightning Network might help, but the only fundamental remedy would be to depart from proof-of-work, which would probably require some form of social coordination or institutionalisation.
Personally, I'm no longer in the Proof-of-Work world. I moved to Proof-of-Stake long ago. PoW are getting 51% attacks more often too. Might implode anytime soon.
submitted by ayowayoyo to Bitcoin [link] [comments]

New Counterfeit Invasion in Australia Makes a Case for Bitcoin

submitted by michell-gail to Bitcoin [link] [comments]

Bitcoin is a 100% counterfeit-proof store of value.

Bitcoin is a 100% counterfeit-proof store of value. submitted by sirlancelot1200 to Bitcoin [link] [comments]

05-29 14:34 - 'The tragic irony of the George Floyd murder is that 911 was called because he was using "counterfeit" money. Meanwhile the Fed money printer goes Brrrrr all day long... but that's "legal" counterfeit. The...' (self.Bitcoin) by /u/the420chronicler removed from /r/Bitcoin within 3-13min

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End the Fed. Legalize competing currencies. Try Bitcoin.
'''
The tragic irony of the George Floyd murder is that 911 was called because he was using "counterfeit" money. Meanwhile the Fed money printer goes Brrrrr all day long... but that's "legal" counterfeit. The double standards and hypocrisy must end. It's time for honest money. Time for Plan B
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Author: the420chronicler
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04-22 21:05 - '💳💳💳FAST FAKE ID SERVICES||BUY FAKE IDS||REAL PASSPORTS, UNDETECTABLE COUNTERFEIT BANKNOTES, CREDIT CARDS AND DRIVERS LICENSES||WORLDWIDE SHIPPING TO CANADA,AUSTRALIA ,USA AND EVERY STATE.OUR NOVELTY IDS INCLUDES UV...' by /u/TopCounterfeitMoney removed from /r/Bitcoin within 49-59min

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💳💳💳FAST FAKE ID SERVICES||BUY FAKE IDS||REAL PASSPORTS, UNDETECTABLE COUNTERFEIT BANKNOTES, CREDIT CARDS AND DRIVERS LICENSES||WORLDWIDE SHIPPING TO CANADA,AUSTRALIA ,USA AND EVERY STATE.OUR NOVELTY IDS INCLUDES UV LIGHTS AND HOLOGRAMS,SCANS AND PASSES THE BLACKLIGHT TEST. WHATSAPP +19375891653💳💳💳
'''
Context Link
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Author: TopCounterfeitMoney
submitted by removalbot to removalbot [link] [comments]

Bitcoin is counterfeit proof. Why don't more people talk about this? How much money is counterfeit in the US economy? What is the scope of this problem? It can never effect Bitcoin.

submitted by feedbands to Bitcoin [link] [comments]

Love the level of understanding of Bitcoin in the news

2 suspected Bitcoin counterfeiters are arrested in Germany
Prosecutors in the German town of Kempten said they are investigating whether people used software > to create digital Bitcoins worth 700,000 euros, about $950,000, Bloomberg News reported.
Such a bad article. They make it sound like its illegal to mine bitcoins and I can't even tell if they stole the bitcoins or installed mining software on people's computers.
LA Times....
submitted by ashaw596 to Bitcoin [link] [comments]

Why would you take fiat money as payment for your goods and services. I googled " Buy counterfeit currency" and got literally hundreds of websites offering undetectable forgeries. Accept the one and only real Bitcoin instead.

Disclaimer. I am not suggesting that you try to purchase forged currencies. This would be clearly illegal advice and an illegal act in purchasing said paper. What this illustrates is how detrimental it is to accept worthless fiat money.
submitted by Pipdotcom to Bitcoin [link] [comments]

Counterfeit RTX 2060? seller said it was Nvidia, it is apparently not... off-brand? Am I going to get bitcoin mined?

Bought this from ebay. It's stamped for Russian certification. It was listed as located in Kansas, but when shipped the tracking was from Puerto Rico. Wtf?
https://imgur.com/a/TXUaa9B
Update:
this is the benchmark: https://imgur.com/iuBwY3y
Update:
Update:
Thank you everyone for your ideas, I was able to establish that it looks like it's real.
submitted by tomjoad773 to buildapc [link] [comments]

02-29 17:34 - 'Get your authentic counterfeit notes at https://www.counterfnotes.com/‬' (self.Bitcoin) by /u/undervivan removed from /r/Bitcoin within 3-13min

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Get your authentic counterfeit notes at [link]1
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Get your authentic counterfeit notes at https://www.counterfnotes.com/‬
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Author: undervivan
1: *ww.coun*erf*otes.*o*/*
Unknown links are censored to prevent spreading illicit content.
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02-29 16:44 - 'Get your authentic counterfeit notes at https://www.counterfnotes.com/‬' (self.Bitcoin) by /u/undervivan removed from /r/Bitcoin within 15-25min

'''
Get your authentic counterfeit notes at [link]1
'''
Get your authentic counterfeit notes at https://www.counterfnotes.com/‬
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Author: undervivan
1: ww**coun*erfno*e*.com*‬
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

02-29 12:44 - 'Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains' (heraldsheets.com) by /u/Solodeji removed from /r/Bitcoin within 229-239min

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains
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Author: Solodeji
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Security features on a $100

Security features on a $100 submitted by hjalmar111 to educationalgifs [link] [comments]

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains submitted by Odunayo20 to Crypto_Currency_News [link] [comments]

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains submitted by Odunayo20 to CryptoCurrencies [link] [comments]

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains submitted by cryptoallbot to cryptoall [link] [comments]

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains

Bitcoin (BTC) Can Be Counterfeited –Charlie Lee Explains submitted by Odunayo20 to CryptoCurrencyTrading [link] [comments]

Fiat and gold both have this problem. Eventually people will realize you can’t counterfeit bitcoin!

Fiat and gold both have this problem. Eventually people will realize you can’t counterfeit bitcoin! submitted by revanevan to Bitcoin [link] [comments]

Bitcoin 101: Respected Crypto Expert Explains In Plain ... Bitcoin Documentary  Crypto Currencies  Bitcoins ... Counterfeit Bitcoins...the BTC Cash fork Ist Bitcoin Trader Betrug? (Erfahrungen und Test) - YouTube Bitcoin profit fake, bitcoin rechner - YouTube

Bitcoin traders might not use proper methods to test cash, especially when a deal involves such a large amount of cash and might be unaware that receiving counterfeit notes is a serious risk. That’s exactly what happened in this case. The person who robbed the Bitcoin trader was living it up in luxury in the French Riviera at a top end hotel ... In a way then, the second spend was an attempt to perform a counterfeit bitcoin transaction, and there is some (well above zero) likelihood of it being technically successful. The Finney attack is another method to attempt a counterfeit against a 0/unconfirmed. - https: ... You can Buy counterfeit money with bitcoin from darkweb from www.bestqualitynotes.com , Pay with Western union, Moneygram and Bitcoin Whatsapp number : +1 (931) 269-5625 [email protected] Blockchain technology will play an important role in the battle against counterfeit goods, assuming manufacturers are willing to do something about this problem in the first place. Also read: The Final Silk Road Bitcoin Auction Has Occurred Bank of Canada Paper Concludes Bitcoin Can Be Counterfeited Evander Smart February 22, 2017 8:00 am The world is still coming to grips with an inevitable future of purely digitized society. The future of the worlds monetary system is pretty important to gain control of, hence a staff working paper was commissioned by . trending; Counterfeit Bitcoin Cryptocurrency . Counterfeit Bitcoin . Apr 2 ...

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Bitcoin 101: Respected Crypto Expert Explains In Plain ...

Wondering why everyone is so sure bitcoins can't be copied? They're just data, right? Wrong. This short video is a concise answer to why bitcoins cannot be counterfeited. Ready for more bitcoin ... Forking bitcoin is like counterfeiting it...but legally! A video about how forking ethereum or bitcoin or any cryptocurrency blockchain is like how counterfe... Coinbase: https://www.coinbase.com/join/59537b0d0cca1f02b4479ad4?locale=de eToro: http://partners.etoro.com/B10616_A71660_TClick.aspx In dem Video sprechen w... SCHEDULE YOUR FREE PORTFOLIO REVIEW with John and the New Harbor Financial team here: https://www.greylockpeak.com/ Whether you understand it or not, Bitcoin... Bitcoin: The End Of Money As We Know It traces the history of money from the bartering societies of the ancient world to the trading floors of Wall St. The d...

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