Damus
Jordan 🫪 · 1w
That’s the tradeoff of sticking to Satoshi’s original vision, & making mining more accessible to regular people.
Raison d'État profile picture
Truth.

And Bitcoin was also small enough for a govt to 51% overnight, until about 2014.

Monero is in a similar situation now to BTC in 2013.

Longer term, ASIC-dependence puts the BTC ecosystem at the mercy of whoever controls the foundries that make the ASICs, or the ports through which they reach low cost of energy locations.

To throttle Monero the same way would require throttling general-purpose computing hardware availability. And that would cause economic self-harm on a massive scale for China, its not happening.
❤️1
gsovereignty · 1w
A State can always develop more powerful hardware to hash Monero if they're motivated to kill it, it's just not profitable. They can't do the same for bitcoin because asics are a result of an arms race and the State can't do any better than the market.