Re:Status – A Mobile Ethereum OS
by cookiecaper on Friday April 21, 2017 @12:12PM
(#14166820)
People don't realize that bitcoin is small-scale. If a powerful government had an interest in overtly or aggressively disrupting it, it'd be dead overnight, on both technical (51% attacks) and practical grounds ("rubber hose cryptanalysis"; large portion of mining power is China-based, where they already have a massive network censorship appliance).
The blockchain is not an effective "insurance against state actors" on the macro scale.
The blockchain is not an effective "insurance against state actors" on the macro scale.