this post was submitted on 06 Feb 2021
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Bitcoin

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Bitcoin is the worst waste of resources and energy in human history. It is solely used for financial speculation, with no genuine utility.

This is a call to ethical hackers: through targeted and repeated computer attacks, we could undermine the confidence of speculators and burst this irrational and destructive financial bubble.

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[–] [email protected] 3 points 1 year ago

Why not also destroy the entire architecture of high frequency trading, too?

[–] [email protected] 2 points 3 years ago* (last edited 3 years ago)

This is so wrong, but i don't know where to begin.

On second thought, the links from @[email protected] are a very good start. I didn't even know about most of those examples.

[–] PurpleSquare 1 points 1 year ago

Interested to know what the purposed attack vector is? You would need a lot of computing power or to know some flaw in bitcoin core Its probably easier to get your government to ban it, or move to somewhere its banned

[–] sn0o 1 points 1 year ago

Please read the Bitcoin Standard to get a better understanding on the topic. As long the global finance system works as it does now, there is no way Bitcoin will disappear.

[–] [email protected] 1 points 3 years ago
[–] [email protected] -1 points 3 years ago

What you call "financial speculation" is just people discovering a new tool to protect their lifetime effort and you think you have a suoerio moral and are capable to take better desicioms for those people. You are just an angry human that doesnt like something and want to use force to change it, the rest is just a bunch of your cognitive byases making sense out of it. Go study some austrian economics before talking about speculation like a bad thing