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by michaniskin
1778 days ago
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> Bitcoin is considered anti-fragile for a reason, it gets stronger as it gets attacked. Please explain how bitcoin gets stronger when the Fed successfully deploys a 51% attack on it and either buys or puts out of business all the honest miners? |
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This article is dead. It took me a long time to argue against it because I assumed you knew what "adaptability" of bitcoin meant in practice. It seems you didn't and will need to do a lot more research before discussing viable attacks in the future.
Your attack vector fails and we know Satoshi knew the game theory and outcomes of just this scenario over a decade ago, as it is detailed in his posts on the bitcointalk forums. They are a great starting point for you to learn more about bitcoin's various defense mechanisms.