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If crypto needs legal protection from attacks, I think that would invalidate most of its value proposition.
by qgin 9mo ago
If crypto needs legal protection from attacks, I think that would invalidate most of its value proposition.
- dboreham 9mo agoDefinitely reduces the cost of consensus though.
- Lerc 9mo agoThat seems to be a reasonable position. I'm kind-of comfortable with the position of bitcoin as being large enough to attract significant attacks, but not so dominant that a catestrophic failure of the system would have significant global impact. I have nothing against bitcoin being the money of the future, but if it is to become that, this is the sort of trial by fire that it should endure.