Damus
Phil Geiger profile picture
Phil Geiger
@phil_geiger
Bitcoin doesn't have a security budget, it has a marketplace for transaction processing and settlement.

To find the answer to "will bitcoin be secure in the future," think through the following questions:

is the processing and settlement market working today? Why?

Will the same amount or more people be using bitcoin in the future?
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zaps_ · 160w
TANSTAASB
Murray von Nakamoto · 160w
Also: Do people need the ability to send hundreds of billions of dollars of value (measured in current US dollars) across borders within 1 hour, with final settlement? If the answer is yes, the next obvious question is: How much liquidity does that require? The rest falls in place easily. Simply h...