@NickSzabo4 But why collude unless want to corner & break (no sense unless own close BTC competitor + have anonymity). 1/
Bitcoin requires collusion of chip power to defeat. Much older & more widely used protocols to require conspiracy: http://szabo.best.vwh.net/separationofduties.html … …
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@gl_citizen@NickSzabo4 That's the point: principle of required collusion = difficult and, in Bitcoin's case, of dubious ROI, so unlikely.
End of conversation
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