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RE: The Fate and Future of Bitcoin: The Bankster’s Battle for Control

in #dtube7 years ago

While technically any decentralized crypto currency should be difficult to take down, I think the way bitcoin is designed is opening a door for state owned attacks. You could easily squeeze out the miners if you accept to lose money on mining - a state like China could probably do that. One you control the majority of miners, you could start to undermine faith in the network.