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The defense is that there are thousands of other cryptocurrencies that would take Bitcoin's place. So the attackers wouldn't gain anything in the end.
by Geee 6y ago
The defense is that there are thousands of other cryptocurrencies that would take Bitcoin's place. So the attackers wouldn't gain anything in the end.
- kasparkallas 6y agoWhat if the attacker is invested in other cryptocurrencies? Think outside the box.
- Geee 6y agoGovernments are the only entities who could try to attack Bitcoin if they collaborated. The only motivation would be to stop the network, not to make gains in other cryptocurrencies.
- FridgeSeal 6y agoOh cool so my magical internet money that I’m meant to use as my main currency is essentially untrustworthy as an actual store of value, because I’m supposed to keep migrating to whatever the hasn’t-had-a-51%-attack-yet flavour of the month currency is?
- Geee 6y agoYou missed the point.