thejohn on Nostr: Tough question and my answer is pure speculation. I think the next war won't have ...
Tough question and my answer is pure speculation. I think the next war won't have anything to do with the bitcoin protocol itself.
Some soft fork proposals and methods of activation will continue to be contentious but not a biggie in the overall scheme of things. Also not widely known but there is at least one hard fork in bitcoin's distant future (block number 5101541 in 86 years) which I won't get to see unfortuantely... but that is another story.
The next attack IMO will be from the state or through their proxies. Such as:
- closing or restricting on-ramps to #Bitcoin using FTX & other scams as an excuse to introduce legislation to "protect" us.
- increasing electricity prices for miners
- attempting to censor transactions
- legislation targeting Bitcoin hodlers to disclose their stack addresses
- legislation targeting Bitcoin hodlers with unrealized capital gains tax consequences
- psychological attacks such as writing more articles describing ppl who hodl #Bitcoin as "Impulsive psychopaths are drawn to Bitcoin and other crypto"
- low probability 6102 attack but perhaps some countries will try
- CBDCs are more of a #Bitcoin promotion and getting normies used to the idea of digital wallets
Many of the above are highly highly speculative. But ultimately any or all of these attacks will make #Bitcoin stronger and if anything accelerate #Bitcoin use and adoption. The mining ban in China was a perfect example.
What are your thoughts? Where do you speculate that the next attack will come from?
Published at
2023-04-20 10:33:44Event JSON
{
"id": "c2dd7d4d031987e62a624f2d6f17a1f5e8b10ef57c66ede1a7f9933146aac67c",
"pubkey": "b90569ec7d752ae41a29ce40fc9824e8909a67adf04f76a8af30ec9c3a5c11cf",
"created_at": 1681986824,
"kind": 1,
"tags": [
[
"e",
"246ef4161e295ef2706f2ebf1ac977acd166720a45ea01d7294ba6bea50178e7"
],
[
"e",
"1746ae26c3a4685af714e0b7886d3fb034db739e4baf072ea9e2be608012bd2a"
],
[
"e",
"9c992fa18529db211f7eeae60181aad86f2eb7228977f12ea93f84c839b0076b"
],
[
"p",
"eeadea6cbb5018a190f0117857de513cc271d24c947d56cd82c54a6b64ae47a4"
],
[
"p",
"b90569ec7d752ae41a29ce40fc9824e8909a67adf04f76a8af30ec9c3a5c11cf"
],
[
"t",
"Bitcoin"
]
],
"content": "Tough question and my answer is pure speculation. I think the next war won't have anything to do with the bitcoin protocol itself.\n\nSome soft fork proposals and methods of activation will continue to be contentious but not a biggie in the overall scheme of things. Also not widely known but there is at least one hard fork in bitcoin's distant future (block number 5101541 in 86 years) which I won't get to see unfortuantely... but that is another story.\n\nThe next attack IMO will be from the state or through their proxies. Such as:\n- closing or restricting on-ramps to #Bitcoin using FTX \u0026 other scams as an excuse to introduce legislation to \"protect\" us.\n- increasing electricity prices for miners\n- attempting to censor transactions\n- legislation targeting Bitcoin hodlers to disclose their stack addresses\n- legislation targeting Bitcoin hodlers with unrealized capital gains tax consequences\n- psychological attacks such as writing more articles describing ppl who hodl #Bitcoin as \"Impulsive psychopaths are drawn to Bitcoin and other crypto\"\n- low probability 6102 attack but perhaps some countries will try\n- CBDCs are more of a #Bitcoin promotion and getting normies used to the idea of digital wallets\n\nMany of the above are highly highly speculative. But ultimately any or all of these attacks will make #Bitcoin stronger and if anything accelerate #Bitcoin use and adoption. The mining ban in China was a perfect example.\n\nWhat are your thoughts? Where do you speculate that the next attack will come from?",
"sig": "fc545aaf0e4fff729ffac2d810bc1d27abe687a661c6253949819801f2a186ea68cff150a6d0ed2ddfe17c7f0b4b5667e2b6938b64d4824d0e5f760128b9f5b7"
}