Guest Spot: Who or What Can Put an End to Bitcoin?Over the past few years, Bitcoin has experienced a huge number of attacks and external criticism, getting a reputation of Antifragile. This term was coined by Nassim Nicholas Taleb and describes the phenomenon when something becomes popular under unfavorable conditions.
“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile.”- says Taleb.
From this point of view, probably, in order to kill Bitcoin, you just have to stop criticizing it. However, in the world of constantly competing currencies and precious metals, this is very unlikely to happen.
Attacks on Bitcoin: Past, Present, and Future
Several months ago, the user of the Reddit network, under the nickname themetalfriend, compiled a list of all attacks that can be aimed at killing Bitcoin. In his opinion: there are three most common types of attacks on Bitcoin:
Attacks to slowdown the Bitcoin development
Attacks to slowdown the Bitcoin adoption
Attacks to reduce the efficiency of the Bitcoin infrastructure
From all the above it follows that all three types of attacks are interrelated. At the very least, they lead to the same result. Let’s consider each of them in more detail.
https://www.ccn.com/guest-spot-who-or-what-can-put-an-end-to-bitcoin/ Earlier governments of China and Russia tried to ban bitcoin but they couldn't.Bankers tried their best to destroy bitcoin and they even created a centralised coin ripple as a competition to bitcoin but it failed.Roger ver tried his best to pump Bcash vigorously and at the same time tried to switch bitcoin miners to mine Bcash by spamming bitcoin transactions with the help of Chinese mining farms.But poor boy he also couldn't do anything against btc.But the only remaining threat is Quantum computers which could read private keys of a bitcoin wallet with the help of public key itself.