Cassie Heart
@cassie
It's been a while since I went on a threadoor moment. Here's the spicy take: @balajis.eth is right. But what he's off about is the endgame. Here's the Cassie crystal ball tea 🔮🍵 and you can bet it comes back full circle to my grander theory of crypto. We're going to start from right now, and work forward 40 years.
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Mac Budkowski ᵏ
@macbudkowski
Interesting perspective! My main concern re: Bitcoin is that, IIRC because of PoW, it's relatively cheap to attack. And if you have countries with vast amounts of money, like the US or China which don't like BTC, they might not only outlaw off ramps and holding but also spend a few billy to do 51%.
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Cassie Heart
@cassie
At least for as long as miners are issued rewards the legitimate miners are incentivized to win over attempted 51% attacks
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Mac Budkowski ᵏ
@macbudkowski
Agree, wondering if a coordinated legal pressure from US & and its allies might change their minds
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