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Re:BTC Endgame by Geee on Friday February 19, 2021 @05:38PM (#26198967)
The defense is that there are thousands of other cryptocurrencies that would take Bitcoin's place. So the attackers wouldn't gain anything in the end.
Re:BTC Endgame by FridgeSeal on Saturday February 20, 2021 @03:00AM (#26202451)
Oh cool so my magical internet money that I’m meant to use as my main currency is essentially untrustworthy as an actual store of value, because I’m supposed to keep migrating to whatever the hasn’t-had-a-51%-attack-yet flavour of the month currency is?
Re:BTC Endgame by Geee on Saturday February 20, 2021 @11:05AM (#26205116)
You missed the point.
Re:BTC Endgame by kasparkallas on Saturday February 20, 2021 @02:01AM (#26202221)
What if the attacker is invested in other cryptocurrencies? Think outside the box.
Re:BTC Endgame by Geee on Saturday February 20, 2021 @11:08AM (#26205145)
Governments are the only entities who could try to attack Bitcoin if they collaborated. The only motivation would be to stop the network, not to make gains in other cryptocurrencies.