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Why would the value of BTC plummet if you reach 51% of the network?
by gknoy 14y ago
Why would the value of BTC plummet if you reach 51% of the network?
- ufo 14y agoIf a single group controls more than 51% of the mining power they can cheat the system (double spending, things like that). If such a monopoly was created people might lose their trust on Bitcoin and try to leave the system.