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by sillysaurus2 4499 days ago
The seriousness of this attack is that several major bitcoin services lost a lot of money because of it. It's an attack.
1 comments

It's an attack, it's just not an attack on Bitcoin.
This is mincing words. It's an attack on bitcoin. Many major exchanges were shuttered while they dealt with it, for example.

It's certainly not an attack on not-bitcoin, so therefore it's an attack on bitcoin.

Bitcoin the protocol? Bitcoin the idea? Bitcoin the network? Bitcoin the whole ecosystem?

I would argue it was an attack on Bitcoin the ecosystem, due to an _oddity_ of Bitcoin the protocol. Bitcoin the idea is still fully alive. The attack worked from within Bitcoin, the network.

There's an attack on credit cards because Target had a breach!

See, I can say ridiculous things too. Someone using bitcoins didn't follow protocol and as such as scammed out of money. This isn't a bitcoins-protocol issue, this is a people issue.

Note that the other exchanges are up now, very quickly after everyone stopped to check themselves.

The Target hack certainly disrupted the credit card system, by causing a lot of reissued cards.
That doesn't really disrupt the system though. It's not causing issues for anyone who hasn't had their card canceled and reïssued.