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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Nickolas
@franceschina.eth
For PoW Its the supply-chain, not the money. No matter how much money you have you could not acquire enough silicon in a short enough time to ramp up a 51% attack without the entire network noticing and then taking action to defend itself
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Mac Budkowski ᵏ
@macbudkowski
Makes sense!
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