Post
Topic
Board Bitcoin Discussion
Re: Is BTC really safe from being hijacked?
by
Harpaggie2001
on 04/06/2022, 18:37:11 UTC
I think it is time for you to switch focus.  From how easy it is for a government to 'hijack' Bitcoin to how difficult it would be for the same government to re-hijack Bitcoin once everybody forks to another algorithm.  I do not know how easy it is to switch to GPU mining, but I assume it would be one of the choices if possible and easy to apply.

Here is the hardest part of the hijacking thing.  Sure, let us say the government has enough resources and time to create the perfect mega mining rig to 'overtake' Bitcoin.  It would take HOURS at most for us to put everything back in place after which all their resources and effort become worthless and useless.

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Regards,
PrivacyG


Thanks for the insight!  In regards to your second comment.  Could you elaborate a bit more about what you mean by "would take HOURS at most for us to put everything back in place after which all their resources and effort become worthless and useless."? Are you saying that enough people would see the fuckery taking place and produce an alternate means of securing the network?  Could you elaborate a little more?  And also for the record, explain it like I can barely use an iPhone. 

I know you guys are probably tired of these types of questions, so thanks for bearing with me.  Is there anything that could realistically thwart the protocol?  I don't think "banning it" is plausible at this point.  It kinda seems like that would infringe on our first amendment.  But I guess if we're being brutally honest that too isn't out of the realm.