So, BSV gets a 51% attack. Most of the hashing power was already coming from a TAAL, and other miners start leaving, making subsequent attacks easier. Then outsiders claim it can never happen to their blockchain of choice and that 51% attacks are not real. Am I understanding this correctly? Is this not kind of like socialism? Shouldn't we take this as a warning to take this more seriously?
Bitcoin? its hard to do the 51% attack because no one can control the hashrate.
But for altcoins such as BSV, it's easy and it has been proven, not sure who the outsiders that claim that it can never happen to any bitcoin fork coins. Because they are really open and prone for this kind of attacks because the network is not that secure. I think they take it seriously, but the problem is that it is cheap to pull this kind of attacks unlike bitcoin wherein the entity will have to spend millions if not billions.