Bitcoin Is a Threat to National Security(nationalinterest.org)
nationalinterest.org
Bitcoin Is a Threat to National Security
https://nationalinterest.org/feature/bitcoin-threat-national-security-183442
6 comments
> Satoshi Nakamoto, a brilliant Japanese software engineer, invented Bitcoin back in 2008, using a blockchain algorithm.
Awesome, I can safely ignore this lazy dimwit.
Awesome, I can safely ignore this lazy dimwit.
this entire piece is a shitpost written by someone that doesnt understand crypto
Seemed like more of a pro-Bitcoin piece to me.
The government could crush bitcoin in an instant. No laws are needed nor are any direct enforcement actions necessary. Its quite simple: Quit printing so much money, quit living with perpetual deficits, and enact strict financial policies.
We all understand thats not possible, hence the rise of bitcoin (and other hedges). Bitcoin is a response to a failing financial system, not the cause of its collapse. In a sane world with sane money, the project would've never gotten off the ground.
We all understand thats not possible, hence the rise of bitcoin (and other hedges). Bitcoin is a response to a failing financial system, not the cause of its collapse. In a sane world with sane money, the project would've never gotten off the ground.
The DoD could 51% attack bitcoin with 1% of it's yearly budget.
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