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by stale2002
1951 days ago
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I have been hearing this argument for over a decade now. In another decade, when this mythical attack on this scale l (as it applies to BTC. Some smaller coins have been attacked, but they are nowhere on the same scale) continues to fail to materialize, are you going to say the same thing? I just want to know how many decades from now of your position being falsified, that you need to wait for you to change your mind. Or will you never change you mind? Is you position truly unfalsifiable, no many how many decades go by? |
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So what I'm hearing is everyone knows it can and does happen at a smaller scale but you just can't bring yourself to believe it could ever happen on a bigger scale. This seems like the creationism vs evolution argument.
I find this particular criticism of the currency pretty weak too for what it's worth as It's got much bigger issues. Like the sheer magnitude of its waste.
However, I do find the argument disqualifying when petitioning to make Bitcoin the "one world currency" when 70% of the hashpower is in a totalitarian ethnostate that can just screw it up at will. Conceptually it amounts to giving up sovereignty of your currency to the PRC.