Re:Facebook’s Libra is still dead – Diem to be sold off for ...
by davidgerard on Wednesday January 26, 2022 @02:15PM
(#30090314)
this is quite unlikely though. For comparison, during the Bitcoin vs Bitcoin Cash wars in late 2017, the main BTC block time went up to an hour - and pretty much nobody noticed, because all the excitement of the crypto bubble was happening on the exchanges, not on chain.
Re:Facebook’s Libra is still dead – Diem to be sold off for ...
by austhrow743 on Thursday January 27, 2022 @05:50AM
(#30098829)
If the US gov goes after bitcoin there won’t be any exchanges left. They claim jurisdiction over anyone that so much looks at a U.S. dollar.
There's also the issue that, if governments are seizing the mining hardware, if they gather enough of it they could perform 51% attacks against the chain to effectively prevent it from working.