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RE: Bitcoin Scaling Debate

in #bitcoin7 years ago (edited)

Well there are already suspicions that Bitcoin's mining algorithm might be weak:


Yes these are all potential threats that we should worry about. However the cost of these exploits would be billions of dollars.

And even if they execute it, people just wont stop with cryptocurrency, they will just find a way to make it more secure.


However you cant compare the rigging of the metal markets. That is a government market, totally controlled by the government.

In Bitcoin the government has far less influence and no direct control, only if they perfect a malware, which I pointed out above would cost, potentially billions.

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Good luck. I have to say I am impressed with BC and I love the fact that it is not regulated. Big brother always kicks over the blocks after you stacked them so neatly .

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