3 ms·

This was written by the same journalist who claimed Dorian Nakamoto was Satoshi. You can make Bitcoin literally unusable with about $1000 worth of transaction

This was written by the same journalist who claimed Dorian Nakamoto was Satoshi. You can make Bitcoin literally unusable with about $1000 worth of transaction spam. The same applies to any non-hypothetical blockchain-based currency I can think of, including the fancy new ones. If only the International Bankers had $1000 spare on hand! I mean, I think Bitcoin is garbage, but this is a relentlessly terrible and incompetent article.

ryanlol 10y ago
> You can make Bitcoin literally unusable with about $1000 worth of transaction spam. Heh, not quite. You can increase the fees a little with about $1000 worth of transaction spam.
nullc 10y ago
You spend too much time in the r/buttcoin echo chamber. You're getting sloppy with the facts. :) $1000 worth of transaction "spam" would have basically no effect today-- that is only about two blocks worth of transaction fees. Meaning your costly 'disruption' would be unnoticeable against normal block finding variance. [Come on-- do you really want to be part of the Wikipedia Review of Bitcoin skepticism? I think Bitcoin deserves better critics than that.]