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A comment on Tether price manipulation. Parent comment

Re:Tether price manipulation by microtherion on Friday January 08, 2021 @06:02PM (#25691650)
> Can the government seize Bitcoin directly? No.

A government could seize miners, and given that ~50% of the world's Bitcoin mining capacity appears to be located in one country, that might give them considerable leeway to rewrite the blockchain to their liking.

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Re:Tether price manipulation by doggosphere on Friday January 08, 2021 @06:43PM (#25692452)
Yes. The solution to this is a software fork.
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Re:Tether price manipulation by microtherion on Friday January 08, 2021 @07:00PM (#25692802)
Did you mean "soft fork", or are you thinking of a different concept I'm not familiar with?

Forks can and have been used to deal with isolated malicious incidents, but do you think they can be successful against an actor in extended control of a substantial part of the hash rate?

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Re:Tether price manipulation by doggosphere on Friday January 08, 2021 @09:06PM (#25695331)
You can alter the hashing algorithm to one that is more ASIC resistant. Monero did this.
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