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The unusual risks of investing in the Winklevoss bitcoin ETF

4 points| pldpld | 12 years ago |qz.com | reply

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[+] musicaldope|12 years ago|reply
"We’ve heard plenty about activist shareholders, but a bitcoin activist would take the concept to a whole new level. Essentially, some investor or coalition of computers could potentially amass a collection of bitcoins so large that it could change the source code bitcoin uses to operate. This would render the whole currency pretty much useless overnight."

Wrong wrong wrong wrong wrong. And this article seemed like it was going somewhere...