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efenigson / Efrat Fenigson
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2024-05-29 19:40:19

efenigson on Nostr: 🎙️Attempted Attacks on Bitcoin - Jeff Booth "I wanted to understand the existing ...

🎙️Attempted Attacks on Bitcoin  - Jeff Booth (npub1s05…eyhe)

"I wanted to understand the existing financial system, I went down to the sand and I thought of; If we live in a system that we make stronger through our actions, and most people don't know they do, and it's literally theft, but most people don't know and they're dividing further and they will divide further, right? Human nature shows that that'll continue to happen.

And that system is 10,000 times bigger than Bitcoin. And many of the people that are essentially prisoners of that system also don't like Bitcoin because they're scared of it, right? and they're prisoners over here, then that system has so much power against Bitcoin.

So you would have to expect every attack to try to kill it. And I expect every attack. Cyber, pricing, manipulation, FUD, propaganda.

And look in the last 14 years, because those attacks have happened, and it's stronger today.
More decentralized, more secure, evidenced by more mining compute, more nodes, never a hack. I can prove what I just said. I don't need to guess. I can prove this. And my node, which confirms the entire network, confirms that all the time. And so for somebody to change that needs to change me. They need to be able to attack that network. They need to take me and a whole bunch of people that know what I know. And they have to get me to vote against my self interest."

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