I hear a lot about how safe bitcoin is. And 51% attacking it for a private person/ company does not make any sense and is unlikely.
But what would happen if a state wants to attack Bitcoin and uses a vast amount of compute budget (in the billions). What would happen?
Bitcoin could potentially face challenges from state-level agents capable of deploying significant computational power. While current computing resources make it possible to perform a 51% attack on the network, the scale and sophistication of such attacks could increase if state actors were involved. However, Bitcoin's decentralized nature and the ongoing efforts to enhance its security protocols provide some level of defense against such threats.