Viewing profile — asfgjonuinio

>However, it also means the payoff to attack is lower. "Your money is safe because it's not worth anything anyway."

Already happened. The hash rate is falling and the market is flooded with cheap hardware. You'll hear some handwaving about difficulty adjustments. That doesn't change the fact tha…

There are tons of interesting failure modes. The simplistic one won't happen, but that doesn't mean that it isn't teetering on the bring of a death spiral. What happens when the ma…