Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
marcus_of_augustus
on 19/03/2017, 01:36:44 UTC
The Jihadi Woo malicious miner problem is something of nightmares for bitcoin but maybe the final test before mainstream adoption nirvana.

One thing Woo (and idiot Ver) may not have accounted for is by centralising so much power around themselves they are now major targets for any variant of the $5 wrench attack motivated by an incentive for control over a $20 billion monetary security system (or its demise) .... not smart guys by any stretch of the imagination. They might want to start spending that "$100 millions" they budgeted on attacking core (100's of decentralised developers) on some high class personal security.

You would think Ver knows enough of the cypherpunk history to know what happened to e-Gold, Liberty Reserve, e-Bullion, etc central actors. If you want to go centralised with your digital money expect to become the prime target for some major league criminals.