Post
Topic
Board Bitcoin Discussion
Re: "Failure to Understand Bitcoin Could Cost Investors Billions" (Bitcoin's flaws)
by
AnonyMint
on 25/02/2014, 14:50:48 UTC
https://bitcointalk.org/index.php?topic=453984.msg5363483#msg5363483

Bitcoin Take Over Threats

  • 51% attack because mining is ASICs concentrated and ASICs foundries could be purchased with unlimited fiat. Note also ASICs can't be re-purposed as PCs can, i.e. each ASIC only works for a specific coin design.

Meaning the CPU-only coins are a more flexible investment. Your hardware is resalable to the general PC market too.

Note Scrypt is not cpu-only.

Cuckoo is also not cpu-only, it is memory-only.