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>because other would anticipate the future state of things and the price would plummet before a couple years. Why would the price plummeting matter to them if
by mootothemax 11y ago
>because other would anticipate the future state of things and the price would plummet before a couple years.
Why would the price plummeting matter to them if they've already made their money?
- x3c 11y agoThe only way they make money (cash out) is if trust remains in the bitcoin platform. By doing 51%, they tank the platform itself. No liquidity. Provable and transparent majority attack is MAD in the strictest sense.
- mootothemax 11y ago>The only way they make money (cash out) is if trust remains in the bitcoin platform. Not if their cash isn't - somewhat ironically - tied up in BTC. Really, I'm sure between the two of us, we could imagine a thousand and one viable ways of making a tonne of cash very, very quickly that wouldn't involve transacting in BTC at any point!
- homonculus1 11y agoNot sure I follow you here. How would they make money from controlling BTC other than by selling it? ...which is impossible if they break it, as argued above.