2 ms·
If NSA would just discard mined coins, the cost of remaining coins mined by bitminers will rise proportionally. If NSA will sell their coins, they are now a pa
by guard-of-terra 14y ago
If NSA would just discard mined coins, the cost of remaining coins mined by bitminers will rise proportionally.
If NSA will sell their coins, they are now a part of bitcoin economy.
- DanBC 14y agoIf NSA use custom ASICs to mount a 51% attack they are injecting bad data into the blockchain, which is destroying the value of bitcoin. But even if they don't do this, and they become part of the economy - it's easy for them to create havoc by flooding the market and devaluing bitcoin, then buying all the cheap bitcoin, then flooding the market again. Do that a few times and they'll have removed anyone but gamblers from the bitcoin economy.
- guard-of-terra 14y agoThey can't inject bad data into the blockchain. Valid nodes will never accept invalid blocks, period.