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Author Topic: is this a possible way 'they' could criminalise bitcoin?  (Read 704 times)
Haunebu
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October 22, 2017, 06:30:25 PM
 #41

Governments can ban crypto related websites, that's what is possible in their power. Inserting data in the block chain is easy but then I dotn think that they can do anything against because it's encrypted version is so very hard to crack and I think hackers have been struggling hard to manipulate the data but since they haven't been able to yet, they instead are hacking the websites and getting their things done which is more easier to do.
This is true. Hacking an exchange is clearly way easier than going after the blockchain itself which is way more sophisticated and complicated to crack. Many have tried and failed. I doubt anyone will be able to hack the blockchain.

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October 22, 2017, 06:42:08 PM
 #42

Governments can ban crypto related websites, that's what is possible in their power. Inserting data in the block chain is easy but then I dotn think that they can do anything against because it's encrypted version is so very hard to crack and I think hackers have been struggling hard to manipulate the data but since they haven't been able to yet, they instead are hacking the websites and getting their things done which is more easier to do.
This is true. Hacking an exchange is clearly way easier than going after the blockchain itself which is way more sophisticated and complicated to crack. Many have tried and failed. I doubt anyone will be able to hack the blockchain.

The only who can do it are the dev team which will also result to something devastating consequences to price of a token. The blockchain is suppose to be immutable which is why fork is going to result a reset of the chain. Its not very possible to edit a chain from the outside.
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October 22, 2017, 11:39:37 PM
 #43

There is no way they could do that because that would make them lose out in the long run and if they are smart they would not do that. They will gain value if they just buy BTC.



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