Once Coinbase options become liquid the financial risk reward of attacking the Bitcoin network will increase exponentially
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hmm I can think of one who would
Assume you mean bitmain? Even if they wanted it would require them to exclusively devote 100% capacity to a single buyer for more than a year, just ramping up the evil mine alone would attract industrywide attention. Think about this from a mine operations POV, it's not doable
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yep, China (almost certainly) wouldn't do something like that especially given they're looking to launch a digital yuan. It's hard to tell sometimes but they do care about their reputation. If you buy that, they wouldn't let anybody go against those principles in China either
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Bitcoin's existence has little to nothing to do with the Digital Yuan as it's not a proof of work coin nor would it have any reason to be
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Global hashrate right now is ~170M TH/s, even with best in class asics you're talking about a purchase order of nearly 1.5M chips from one buyer. A whale like that would be quickly noticed, and even if you got the chips you'd also have to build a huge datacenter to run it all
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right, but even if it were "noticed" the rational behavior would be to immediately sell your bitcoin holdings and diversify ...
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