Sorry for the anxiety inducing question but I would be interested to know your thoughts on what could happen for bitcoin in the event of a collapse (thought experiment). I mean trustless decentralization is good but the dependance on electricity and the need for a resilient network of computer is not to be taken for granted. Theoritically, could the bitcoin be 'forked' in 2 if two separate network islands were to form (think rupture of transatlantic network connection for example). Secondly, with rationning of electricity, one would think a 51% attack could be easier. Is there other weaknesses you have identified?
What cryptocurrency would be the more resilient according to you?
Sunday, January 5, 2020
Can bitcoin survive a (civilization) collapse?
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