Ninjastic
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Board Bitcoin Discussion
Re: If War breaks out between China and the US, can China hack Bitcoin?
by
Twinkledoe
on 09/08/2020, 10:57:31 UTC
Quote from: Kong Hey Pakboy on August 08, 2020, 02:54:15 PM
Quote from: Negotiation on August 08, 2020, 01:41:16 PM
Quote from: pragmatic gut on May 23, 2020, 03:40:23 AM
IF war with China should happen this summer with the UNited States,,, could China hack Bitcoin if it had to regardless of cost?


If war breaks out between china and america china will never be able to hack bitcoin although china is far ahead in terms of bitcoin usage there is no third-party control over bitcoin. It is impossible for china to hack bitcoin without strict measures to protect it although everything has improved through blockchain technology the country's economy has been hit harder by the epidemic and the likelihood of war is much lower.
Indeed. Bitcoin cannot be hacked by China or other countries because there is no third-party control over bitcoin due to it's decentralization that bitcoin's price is only being controlled by it's supply and demand. There are also no war that will happen between US and China because we are in the middle of crisis that a lot of bad things are happening in this world besides the pandemic of COVID-19.

With the pandemic that we have, I don't think these powerful countries are thinking of going into war. For what? They need to prioritize their people over ego of something. People are dying and suffering because of this pandemic, and they want to go to war? I don't think so. And China can't hack bitcoin as it is decentralized. Unless, they will hack a crypto exchange and get their bitcoins' holdings.