Okay and?
I’m pointing out the inconsistencies in your arguments. Your fear of Bitcoin failure is rooted in the actions of evil billionaires. Any other solution will also attract evil billionaires to try and influence it. So why not just give up on everything? You’re not offering any real solutions and won’t explain how a 51% mining attack can actually be sustained long term. Bitcoin is guilty by association in your eyes. A loose association.
Who said anything about btc failing? Or giving up on anything? I just raised some issues I find truly concerning and its not my job to tell someone what their solution is. That up to the each person to figure out themselves. As for a 51%, if these fucking control freaks control 51% of them, well thats the sustained attack. I starting to think you have not even read anything I wrote. You are claiming I am saying things I never have said, nor implied. But I guess Im black pilled ( THE most normie thing anyone could ever say btw).
Well I've read theories on what a 51% attack will look like many years ago. I felt good about the outcomes eventually when I tried to play out the game theory. I'm trying to understand how you think it will play out but it doesn't seem like you have played theory out to its logical conclusion. A 51% attack will most likely lead to a growing number of unmined transactions in the mempool with inflated transaction fees. It's basically free money sitting there for miners to take. This incentivizes miners to break the law. It also incentivizes miners to leave the US and incentivizes new miners to pop up in other countries.
Well, you just described exactly what I am getting at as a possibility. And no, they wont break the law as the entire op is under the boot. Some will leave, and will just be replaced with ones who will play along. I really dont see whats so hard to understand. Majority shareholders call the shots. Thats the point of being a majority shareholder.
