91 () posted 3 years ago by CavePeasant 3 years ago by CavePeasant +92 / -1 87 comments share 87 comments share save hide report block hide replies
The miners do control the network ... all it takes is 51% control to override transaction verification
You must have not been around for the user activated soft fork
People think bitcoin is this massive unpenetrable force, but it does have an attack surface. I'm not trying to discourage its use because it is probably much more robust that our fiat dollar.
it's definitely the hardest asset available in terms of safety
I can appreciate that viewpoint. I just know that most of the mining ASICs are made in CHINA