Why Nostr? What is Njump?
2023-04-20 10:33:44
in reply to

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?
Author Public Key
npub1hyzknmraw54wgx3feeq0expyazgf5ead7p8hd290xrkfcwjuz88stww8ln