{"type":"rich","version":"1.0","author_name":"npub15wz8j5cse6sexlw6f5q7arc5efe5hxn6kcxxyy222et8qms4u3lsemaru8","author_url":"https://nostr.ae/npub15wz8j5cse6sexlw6f5q7arc5efe5hxn6kcxxyy222et8qms4u3lsemaru8","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-09-19\n📝 Original message:phm got most of this, but...\n\nOn Sat, Sep 19, 2015 at 2:53 PM, phm via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Mike Hearn via bitcoin-dev wrote:\n\u003e\n\u003e \u003e\n\u003e \u003e   * Most governments can easily spend enough money to do a 51% attack,\n\u003e \u003e     especially if they can compel chip fabs to cooperate for free.\n\u003e \u003e     This attack works regardless of how decentralised Bitcoin is.\n\u003e \u003e\n\u003e \u003e   * Any government can end Bitcoin usage in its territory by jailing\n\u003e \u003e     anyone who advertises acceptance/trading of bitcoins, or prices in\n\u003e \u003e     BTC. Because merchants /must/ advertise in order to alert\n\u003e \u003e     customers that trades in BTC are possible, this is an attack which\n\u003e \u003e     is unsolvable. If ordinary people can find such merchants so can\n\u003e \u003e     government agents.\n\u003e \u003e\n\u003e\nPot is used as money, and they do jail people for it, but it doesn't have\nthe effect to which you refer. It has the opposite effect, partially\nbecause it enriches suppliers.\n\nThe 51% attack is a good point, but they would be taking a huge risk.\nIdeas don't die, just people.  For example, they got Ross Ulbricht, not DPR.\n\nGovernment is the group of people that does things that are not acceptable\nif anyone else does them, and that is because people cheer for them when\nthey do those things, rather than pointing out that they are not\nacceptable.  The movie \"The Deep Web\" shows how bitcoin helps to turn this\nmisfortune around.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150919/02521925/attachment.html\u003e"}