1. Bitcoin is on the cusp of becoming an asset that cannot be taken down. The next bubble will push bitcoin to such large market cap that nothing can stop it. So if there is any hope you could destroy it now is your last shot.
Bravo, agreed.
2. Governments should be threatened by Bitcoin, it can and likely will change everything about global finance. Certainly, the CIA and FBI have a vested interest in keeping Bitcoin at bay. I think it is actually foolish to think a government like the USA or China would not have every single bitcoin weakness outlined and be poised to attack at the right time. Hell, if a government can infiltrate firmware for nuclear power plants in Iran, they can attack bitcoin.
Stuxnet was a piece of code that dialed in to affect a very specific hardware, down to the serial #s, at the nuclear power plant. There was a very good documentary on this, but I can't find it right now. IMO this could not have been done unless they had someone on the inside. How would they attack miners or nodes when it's not an easy centralized target like the power plant?
3. Technical weaknesses may not even be the attack vector. A well funded and thoughtful attack on the opposition would mean all weaknesses will be exploited. The best ones for Bitcoin are probably human. Governments are masters at social engineering people to do what they want (see the Democratic and Republican parties), certainly they can infiltrate Bitcoin devs and destroy it from within, or take some large miners and turn them into nothing more than spies and internal terrorists by simply paying them off.
I've thought about this as well. They could persuade the core devs with commit access, but I don't think they can persuade all the users as well. People could just stay and use an old version if bitcoin is changed to something that the users do not want. But they could sneak some changes in I suppose. They could technical ruin bitcoin, but wouldn't an altcoin just rise in it's place?
4. Bitcoin is not really prepared for war, it has become a game of appeasement, not a fight to the death. Alt-coins have come and gone without even a chink in the btc armor. Bitcoiners are prideful; the blockchain and mining are indisputable winners in the battle for immortality. It is as if that battle has already been won. Nothing about Bitcoin development: mining, chat discussions, and general bitcoin chatter take war seriously at all. Bitcoin is weak because the only way to survive what is coming is maniacal focus on survival, which focus today simply does not exist.
Sure this is crazy talk, but if you really believe Bitcoin is so disruptive don't you know that an attack MUST be coming?
I am saying no doubt about it, Bitcoin is vulnerable and about to be attacked on possibly many fronts, prepare to witness carnage.
I say, Engarde!!
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