Obviously i need more education on hashrate and some related calculations but, from the answers provided in this link:
, a 51% attack is a could have been a big deal but then, it isn't, at least not much due to the fact that some measures has been put in place without even looking at it as a measure in the first place. That is,
In order to get 51%, you would need roughly 2 million s17, taking into account that while you set them up some miners will drop because of the reward getting smaller, maybe you can do it with 1,2 - 1,5 million, but I doubt Bitmain or Cannan or all the manufacturer together would be able to produce that in a short period of time.
The fact that Bitman cant produce as many as 1.5 - 2.5 million ASICs within a short time to aid this anti bitcoin and hackers from harming the network is a very nice big step. This is to tell us how sable bitcoin really is and its good news. else having anti bitcoin users or bodies in charge of mining power would have been a big blow to the system but, it makes no sense for a government to coordinate attacks on that which empowers its citizens. Bitcoin and altcoins actually helps more than they think. with it not in place simply means the once self employed citizens turning all their attention towards the government to provide all needed amenities.
Should bitcoin not be in place, wont other altcoins come up to fill in the gap?
And why aren't government turning their attention towards that which is not stable and more harmful like ponzi schemes?