Damus
Gaz · 1w
Ive never even heard this one mentioned in risk assessments on bitcoin
OptimusPrime profile picture
Because almost everyone thinks the “internet” can’t be brought down. Not permanently, that’s true.
But it can be heavily disrupted by the mechanism described above for 1-2 weeks easily.
That would be disastrous for BTC blockchain. Its code is not taking into account this possibility.
When you take offline the big mining farms almost instantaneously, the blockchain actually freezes.