thejohn on Nostr: Tough question and my answer is pure speculation. I think the next war won't have ...
Tough question and my answer is pure speculation. I think the next war won't have anything to do with the bitcoin protocol itself.
Some soft fork proposals and methods of activation will continue to be contentious but not a biggie in the overall scheme of things. Also not widely known but there is at least one hard fork in bitcoin's distant future (block number 5101541 in 86 years) which I won't get to see unfortuantely... but that is another story.
The next attack IMO will be from the state or through their proxies. Such as:
- closing or restricting on-ramps to #Bitcoin using FTX & other scams as an excuse to introduce legislation to "protect" us.
- increasing electricity prices for miners
- attempting to censor transactions
- legislation targeting Bitcoin hodlers to disclose their stack addresses
- legislation targeting Bitcoin hodlers with unrealized capital gains tax consequences
- psychological attacks such as writing more articles describing ppl who hodl #Bitcoin as "Impulsive psychopaths are drawn to Bitcoin and other crypto"
- low probability 6102 attack but perhaps some countries will try
- CBDCs are more of a #Bitcoin promotion and getting normies used to the idea of digital wallets
Many of the above are highly highly speculative. But ultimately any or all of these attacks will make #Bitcoin stronger and if anything accelerate #Bitcoin use and adoption. The mining ban in China was a perfect example.
What are your thoughts? Where do you speculate that the next attack will come from?
Some soft fork proposals and methods of activation will continue to be contentious but not a biggie in the overall scheme of things. Also not widely known but there is at least one hard fork in bitcoin's distant future (block number 5101541 in 86 years) which I won't get to see unfortuantely... but that is another story.
The next attack IMO will be from the state or through their proxies. Such as:
- closing or restricting on-ramps to #Bitcoin using FTX & other scams as an excuse to introduce legislation to "protect" us.
- increasing electricity prices for miners
- attempting to censor transactions
- legislation targeting Bitcoin hodlers to disclose their stack addresses
- legislation targeting Bitcoin hodlers with unrealized capital gains tax consequences
- psychological attacks such as writing more articles describing ppl who hodl #Bitcoin as "Impulsive psychopaths are drawn to Bitcoin and other crypto"
- low probability 6102 attack but perhaps some countries will try
- CBDCs are more of a #Bitcoin promotion and getting normies used to the idea of digital wallets
Many of the above are highly highly speculative. But ultimately any or all of these attacks will make #Bitcoin stronger and if anything accelerate #Bitcoin use and adoption. The mining ban in China was a perfect example.
What are your thoughts? Where do you speculate that the next attack will come from?