Here’s How I Would Bring Down Bitcoin

[richmcrich]

I think bitcoin can be brought down if there is a system working better than it and covers the same needs, Something like a crypto but more useful and gaining the trust of the users, I don't think that is happening though.

[Lauda]

Wow, what a great article. everybody who does bitcoin should be able to read this. Really good article about bitcoin. Great stuff

Unfortunately there are some who keep trying to deny or ignore this.

I think bitcoin can be brought down if there is a system working better than it and covers the same needs, Something like a crypto but more useful and gaining the trust of the users, I don't think that is happening though.

What makes you think that Bitcoin can't incorporate these features? The only way that it could be possible is that this 'something else' is either closed source or fundamentally different than Bitcoin in design. However, this isn't really relevant to the post.

[btcusury]

Indeed, people organically spread the meme ("urgent max block size increase required or Bitcoin will stagnate and possibly die") as misinformation, but its origins are probably as disinformation. It's not so much that "humans are flawed", it's more that propaganda and mind control and perception management techniques have gotten quite advanced.

Regardless, they are still flawed. The first thing that one tries to exploit (e.g.) when hacking is the human. Similarly, Bitcoin can't be broken by mathematics nor technology (as of today), and thus the logical step would be to try to exploit the humans.

Hmm, well, yes, but maybe the term "vulnerable" is better than "flawed" then. I mean, it's not realistic to hold mathematics as the standard for human flawlessness! [bump]

[Blackmet]

I don't really imagine how bitcoin can be stoped, lol. I don't belive on it but if it will happen i will be so upset 

[Lauda]

Hmm, well, yes, but maybe the term "vulnerable" is better than "flawed" then.

The exact term used in this case does not matter as long as the message gets through. Humanity is slowly going downhill.

I don't really imagine how bitcoin can be stoped, lol.

How about you actually read the whole post linked in the OP? Then you might understand.
Update:

Going downhill in what way?

The specifics might be suited better for another thread.

[n0ne]

I don't really imagine how bitcoin can be stoped, lol. I don't belive on it but if it will happen i will be so upset 

Agreed as quoted bitcoin won't be stopped that easy. It has achieved great height in a very short time, so it continues to grow than moving towards the fall.

[btcusury]

Hmm, well, yes, but maybe the term "vulnerable" is better than "flawed" then.

The exact term used in this case does not matter as long as the message gets through. Humanity is slowly going downhill.

Going downhill in what way?

[CiaraB]

This is all so new to me, it seems quite bonkers. If the government or whoever are trying to undo bitcoin could they not just buy a big load of it and manipulate it that way, or buy a load of mining machines and use the 51% thing.

Surely the government could do that if they wanted?

[shorena]

This is all so new to me, it seems quite bonkers. If the government or whoever are trying to undo bitcoin could they not just buy a big load of it and manipulate it that way, or buy a load of mining machines and use the 51% thing.

Surely the government could do that if they wanted?

Holding a large amount of bitcoin can only manipulate the price. Mainly upwards, as buying more coins would drive up the demand. I dont see how this could harm bitcoin. A 51% attack could certainly do harm to bitcoin, but it would require the attacker to meet the investment of everyone else on earth.