Green hackers around the world, let’s destroy Bitcoin
franck-leroy.medium.com
Green hackers around the world, let’s destroy Bitcoin
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Re: Green hackers around the world, let’s destroy Bitcoin
#2> If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of bitcoin before launching attacks.
Or the speculators make just laugh about the threats of script kiddies and the price will not change and you will loose money.
Re: Green hackers around the world, let’s destroy Bitcoin
#3Re: Green hackers around the world, let’s destroy Bitcoin
#4Look further: What would happen after the attacks failed, when not even the green hackers can do anything to their network ? Nobody can currently shut it down, that's also why it is valuable.
Re: Green hackers around the world, let’s destroy Bitcoin
#5Re: Green hackers around the world, let’s destroy Bitcoin
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#9Re: Green hackers around the world, let’s destroy Bitcoin
#10But bitcoin simply does not work as money. There is really no doubt about this. Even the biggest proponents of bitcoin right now call it a "digital gold". But we don't need a digital gold. We have gold and gold has none of the same problems as money and is a far more stable storage of wealth. Today bitcoin proponents don't understand what Satoshi was trying to do. So I'm in agreement that this is all just a monstrous waste of resources at this point.