“ They really aren’t. A currency is only worth anything if normal people are willing to trade them en masse. For the majority/normal people to trade them en Maße there needs to be an universally agreed upon use for them. A use that taxes give, since no matter who you are, you must pay your taxes in the state issued currency.
Crypto and other alt currency tokens are worthless by definition”
https://reddit.com/r/technology/s/TTK0bCHDDN
Don’t necessarily agree with it, but I get why someone would have that take.
Interesting, did not even know that it was close to be tried in bitcoin, Should not the test be able to be replicated in theory (I know live fire exercise is the best stress test) with a branch spinoff in a much smaller environment?
https://www.investopedia.com/terms/1/51-attack.asp
Part of why people don’t know because between raising kids, work and all that stuff, it takes a lot of time to be properly informed, and I know the above link doesn’t fully inform, so I’m curious as to what about a 51% attack I’m missing that this link doesn’t explain, as I feel like it just doesn’t fully go over everything.