[Cryptography] Security model of blockchains ?

juan juan.g71 at gmail.com
Sat Jun 23 13:04:29 PDT 2018


On Sat, 23 Jun 2018 02:29:32 -0400
grarpamp <grarpamp at gmail.com> wrote:

> On Fri, Jun 22, 2018 at 3:44 AM, Ersin Taskin <hersintaskin at gmail.com> wrote:
> > John Levine <johnl at iecc.com>, 28 May 2018 Pzt, 23:14 tarihinde şunu yazdı:
> >>

> >
> > 1. The Establishment (Gov+FED+Banks+Corproteuracy) is under the threat of
> > disruption by Bitcoin.
> >
> > 2. It fights back for survival when this threat becomes serious.


	and to fight back they simply send a few cops to jail and eventually kill a few users. Problem solved in the blink of an eye.


> >
> > 3. It has enough power (money) to get more than 50% hash power.


	lawl - pseudo-crypto charlatans love to rant about fully irrelevant pseudo-technical stuff . To call the cops the state needs exactly 0% hashing power.


	[rest of bullshit deleted]


> 
> 
> Legit users might statistical detect 


	users will statistically detect when the cops blow up their doors.


> ...citizens will revolt against that.

	not holding my breath


> Users will simply migrate and exchange away to more advanced
> and resistant usable cryptocurrency nets if attackers tx fees and
> etc begin making make the old unusable. ie: What has happened
> with downfall of BTC...

	lolwut


> 
> Cryptocurrency, once established globally


	oh yeah - that's an amazing discovery. Once the problem is solved, it is solved. Have you been studying randroid revelation? a=a? But even if govt money was replaced the state would still have a sizable amout of power, enough to regain control of money. 



> in trio of... philosophical mind,
> enough mechanical knowledge to use confidently, and then used routinely
> as desired... is wonderfully adaptive to attacks. Each of those three are
> inevitable and unstoppable, and they continue to increase, leading to
> eventual victory of cryptocurrency.
> 
> The "established" will make more by accepting and servicing it
> than they will by burning resources trying to fight it.


	what? the establishment literally 'makes'(counterfeits) trillions of money and if they 'adopted' btc they would be able to counterfeit exatly $0 money. That's not a good deal for them. So they will call up a 'judge' and a bunch of cops, which is their time proven way of solving any objection to their enlightened rule.



> 
> bcc cypherpunks because metz list is proven censored, resident
> anti cryptocurrency established friends / devs / etc of state, etc.
> 
> Cryptocurrency.... what if....




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