Wasted Potential
· 1w
100%. If you view Bitcoin in terms of fiat price, fiat gains, it's a very risky asset.
And if you think about it a bit more, you realise that its blockchain can be brought to a complete halt the moment it will be announced a massive “cyberattack” (🤫) at DNS levels took place.
At the actual block difficulty level, such scenario will take BTC blockchain months (if not years) to restart (aka finding the next block). Not sure many will still see it as an “asset” after that.🤔
And if you dig to find out who’s controlling the biggest DNS services and ICANN, you’ll surely realise how easy it is to have that “massive cyberattack” triggered. Klaus Schwab himself warned us about it, remember?