Replying to Avatar Bitcoin Veterans

“When I was a child, I talked like a child, I thought like a child, I reasoned like a child. When I became a man, I put the ways of childhood behind me.”

‭‭1 Corinthians‬ ‭13‬:‭11‬ ‭NIV‬‬
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Jack Spirko 1y ago

Yes!

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average_bitcoiner 1y ago

Come on the show? DMs open.

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Jason Henza 1y ago

*Just a thought experiment* Is it possible for publicly traded hash power to 51% attack bitcoin?

Last I could find the information on publicly traded hash power was in 2021. It was at 19% Filtering ordinals were being discussed in one small mining pool. Made me think of the responsibility of publicly traded companies. Lastly, there may have been legal precedent set in the crypto6 case of transferring bitcoin could be considered as money transmission. Publicly traded hash power may have contracts with mining pools to filter out coin-joins & dexes to avoid any legal issues with money laundering.

((This thought experiment should not discourage anyone from stacking sats. Nothing has happened & no action has never been discussed by the SEC or any other federaldepartments))