[VMG]

I'd love to see that experiment and I'm excited to see the how the process of blacklisting would work.

What would be next? A list of "unshibeful" businesses that are blacklisted? Guns? Drugs? Alcohol?

This is the perfect experiment to see how an un-libertarian, every-man-for-every-other-man interpretation of commerce works out.

[jacquesm]

If 51% of the mining capacity of the bitcoin network decides that your coins are invalid they cease to exist until the ban is lifted.

[tel]

Correct me if I'm wrong, but it's a bit heavier than that if technically identical: the coins cease to exist until 51% of miners come together again to declare that they should exist again. At which time they also might agree to pay themselves any amount of Dogecoin or flood the market.

I bring this up purely because "ban is lifted" sounds like a much more achievable thing than I believed was possible. While 51% of people might agree to blacklist some obviously illegitimate coins that harm the value of the market... it doesn't implicitly mean that they would come together again even if irrefutable evidence proved their original belief wrong.

[iancarroll]

You cannot give yourself any x-coin with a 51% attack.

[tel]

You can double-spend arbitrary, though, right? Your purchasing power would be arbitrary until you lost 51% control, I suppose...