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If you can maintain it, sure. But you can only double spend coins you already control, so at this point you would control 51% of global SHA2 hash and have a bu
by louloulou 4y ago
If you can maintain it, sure.
But you can only double spend coins you already control, so at this point you would control 51% of global SHA2 hash and have a bunch of bitcoin that you would be double spending?
Who would accept that as payment? What incentive would you have to do something like that since you would be taking a massive loss?
Maybe as a government attack?
- Retric 4y agoThe assumption was the point of the attack would be to destroy Bitcoin’s value to make money from a short position not to sell the same coins twice.