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November 13, 2017, 02:29:45 PM |
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Best fear based attack on BTC that I've heard about is if the great firewall of China decided to block miners connecting to each other. If they did this, then BTC would run two chains, one in China and one in the rest of the world. It'd cause a split and really confuse the value. Then, they could cause even more harm by reopening the firewall and watching the chains attempt to reconcile.
That said, it's all fear based talk. Lots of work has gone into these and creating a 51% attack is not cheap or easy. Which is the point.
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