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Any decent sized nation state could afford a 51% attack if they didn’t care about profiting on it and only wanted to wreck Bitcoin.

• xiphias2 6y ago
  In theory sure, but how do you suggest to do it in practice? Turn off electricity to half of residents because you have this crazy idea that doesn't help them? Buy miners just to get nothing out of it at the end? Also what do you think other billionaires with Bitcoin holdings do? Sell it all, or counteract by buying even more miner equipments? It would be a political disaster unless all natiom states work together to take over all miners...which is a possibility.