Post
Topic
Board Bitcoin Discussion
Re: scenarios if US Govt tried to take down bitcoin?
by
corebob
on 12/11/2013, 09:16:57 UTC
Starting with the premise that the US Government tries to take down bitcoin entirely. 

What would be the most likely form(s) of attack? 
Would they be able to keep any viable form of attack secret or shift blame to another entity? 
Which if any methods do you believe would have a likelihood of success given a concerted effort? 
What would very rough dollar cost estimates be for various methods?
Would there be signals of an attack or could this occur with no warning?
Could any responses be developed within the bitcoin framework or do you see another existing or proposed cryptocurrency that would be safe from such attacks?

Sorry I know it is a messy bunch of questions, but perhaps also the most important to consider long-term.

A couple of thoughts:

- The cryptography could be broken. Nobody would know about it.
- The block chain gets too big to maintain for the average bitcoin user. We would know about it and possibly be able to fix it in time.