Post
Topic
Board Bitcoin Discussion
Re: Is this Bitcoin's achilles heel?
by
Gordonium
on 03/04/2013, 20:00:16 UTC
How about a proper rebuttal, rather than name-calling? Of course we can always resort to handy little LOL-MEMES TROLL-MEMES when tough questions arise right? Wink

Do you know that you can divide Bitcoins? Even if someone would by 99.99% Bitcoins the whole global trade could be done with that 00.01%. Althought the whole scenario is as plausible as asking what if somebody buys all the food from the world or something like that...
Yes, assuming the attacker wouldn't buy and sell them 10 second intervals we can carry on with one bitcoin or even .000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000001 bitcoin for the entire universe.

The whole scenario is as plausible as someone buying all the dollars out of market faster than Bernanke and the boys can print more. I am pretty sure that you don't worry about that scenario very much, and that's for a good reason: It is impossible. Same with Bitcoins.