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2024-12-13 10:49:26
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bitcoinmagazine.com on Nostr: bitcoinmagazine.com ✍️ An article discusses the risks of governments and ...



✍️ An article discusses the risks of governments and institutions buying large amounts of bitcoin, potentially influencing the Bitcoin consensus rules and imposing censorship.
👉 Governments and institutions buying large amounts of bitcoin could influence the Bitcoin consensus rules and impose censorship
👉 Risk of a soft fork, where economic nodes enforce censorship as new protocol rules
👉 Risk of a hard fork if miners don't comply
👉 It's unclear whether governments or institutions would be willing to risk a censorship fork
👉 Little can be done to stop governments or institutions from buying bitcoin

#AnitaPosch #Nikolaus #Aaron #Opinionsexpressedareentirelytheauthor'sanddonotnecessarilyreflectthoseofBTCIncorBitcoinMagazine #technology


Governments and institutions buying up large amounts of bitcoin is not without risk, but there is only one thing you can do about that...
https://bitcoinmagazine.com/takes/governments-and-large-institutions-can-buy-all-the-bitcoin-they-want-except-yours

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