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RE: Conspiracy Theory File - Malicious Chain-Death Attack "Plausible" On Bitcoin At Next Difficulty Adjustment (Nov. 26) (Part 2)
Read this theory before but this might be the best anyone has done at piecing it together. I guess it's possile, but bitcoin will have to survive more than this in the coming years. The silver lining in all of this for bitcoin is its market dominance and the possibility that if it crashes the entire market most likely will also (at least short term). Another thing that might prevent this is that people on both sides of the block argument love making money and bitcoin's recent returns have been substantial.
I think it's well worth pointing out that even if something like this worked, and Bitcoin were toppled by some other coin, that new coin would immediately be susceptible to very similar shenanigans. It may occur differently - perhaps, with unbacked futures rather than difficult adjustments - but the motivation will be there.
Someone is always going to be gunning for the top spot (or to make volatility to cash in on).
good work @lexiconical
I am resteem this publication
Basically, I agree with that but the idea of making money from this can never over emphasized.