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But you still get the prestige of having taken down a coin.
by matte_black 8y ago
But you still get the prestige of having taken down a coin.
- baddox 8y agoWhat makes you think there would be any such prestige earned?
- matte_black 8y agoIt’s not very often you get a chance to take down a currency. In 30 years from now you’ll be able to brag about how back in your day you took down entire cryptocurrencies with 51% attacks.
- vasilipupkin 8y ago51% attacks are quite possibly wire fraud so I would refrain from bragging about them. More accurately, trying to double spend the coins is wire fraud.
- AlexCoventry 8y agoNot if you have the consent of the counter-parties (or are the counter-parties.) It might be against some other law to manipulate the price like that, though.
- matte_black 8y agoWhich government will prosecute?
- rando444 8y agoThe person they are swindling can go through their own authorities, and if the authorities in the criminal's country are alerted to his activities, they can go after them as well. Theft and fraud don't take on different meanings just because the currency is digital.
- matte_black 8y agoSo basically it sounds like you'll never get caught.
- deleted 8y ago[deleted]
- brianwawok 8y agoIn 30 years no one will use crypto and people that invested in crypto will be laughed at.
- stale2002 8y ago"prestige" is exactly what smart criminals are attempted avoid. "Prestige" is how people end up in jail, or otherwise...