Until there is public, determined competition between nation states for domination of the mining space its a very real threat.
The US is *quite* adept at leveraging its position in even hostile jurisdictions. There is no place on earth that both 1,takes bitcoin seriously enough and 2,hates the US enough that miners can feel secure enough to bring large hash online there.
And of course, one jurisdiction isn't enough. We need many.
So tbh, it's stupid to dismiss that attack vector.
Sure you'll probably still be able to eventually get your tx mined.
But the network will NOT function as advertised.
Han Shan
npub1lxz…svxa
2024-06-25 16:06:43
in reply to nevent1q…gs75
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxaPublished at
2024-06-25 16:06:43Event JSON
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"created_at": 1719324403,
"kind": 1,
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"content": "Until there is public, determined competition between nation states for domination of the mining space its a very real threat.\n\nThe US is *quite* adept at leveraging its position in even hostile jurisdictions. There is no place on earth that both 1,takes bitcoin seriously enough and 2,hates the US enough that miners can feel secure enough to bring large hash online there.\n\nAnd of course, one jurisdiction isn't enough. We need many.\n\nSo tbh, it's stupid to dismiss that attack vector.\n\nSure you'll probably still be able to eventually get your tx mined.\nBut the network will NOT function as advertised.",
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