.@Truthcoin drops a stunner on Bitcoin's long term security budget. Outstanding as usual
http://www.truthcoin.info/blog/security-budget/ …
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Isn’t the issue the hashrate as a % of global hashrate available for crypto mining? PoW altcoins that have 1/1,000th of BTC’s hashrate today are not secure partly because of high 51% threat
Sure, but that's a very different argument than Sztorc and others I've seen worried about uture hashrate have been making. You have to assume there's some other chain using Bitcoin PoW that people are more attracted to despite having to pay a higher seignorage to hold it.
![Damian Mee 😷 [🇭🇰♥️Hong Kong]](https://pbs.twimg.com/profile_images/558789649515020288/FhQvpcN1_normal.jpeg)
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@NickSzabo4, i guess ur point falls as an irrefutable one given that you’ve blocked the one best able to respond or clarify your misunderstanding,@Truthcoin. That’s a good wayto keep unhygienic opinions fm entering your realm
Thanks. Twitter will use this to make your timeline better. UndoUndo
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