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Its security against nation state level attacks depends on the amount of energy used. There were many previous attempts to create private money independent of
by xiphias2 6y ago
Its security against nation state level attacks depends on the amount of energy used.
There were many previous attempts to create private money independent of cental banks, but all failed due to national states clamping down on them. Bitcoin was the first private money that succeeded.
- Gupie 6y ago> Its security against nation state level attacks depends on the amount of energy used. I don't understand how more energy used makes bitcoin harder to shut down. It would seem the opposite to me as energy usage could be used to find illicit mining.