Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin hold the leadership position for ever because the world changes?
by
Charles-Tim
on 16/07/2025, 13:04:27 UTC
2. Hacking: Bitcoin cannot be hacked.
It hasn't been hacked. Not it Cannot be hacked. It's theoretically possible. But the cost outweighs the benefit.
If bitcoin blockchain is attacked and become successful, people will know that, the price of bitcoin will fall abruptly which will reduce the money the attackers will gain provided if is a success attack. ASIC are expensive and has no other good function than mining bitcoin which could be a problem for the hackers because the ASIC price will go down significantly and can become useless. Miners will prefer to remain loyal instead.