What is currently the biggest threat to Bitcoin? 51% attacks? Government crackdowns? Massive failure of the electric grid? Pandemics? …Sharknados?
0:00 What do you see as the biggest risks to bitcoin?
1:25 I’m not worried about 51% attacks
2:23 Electric failure
3:08 Bitcoin doesn’t need the internet in order to change transactions and blocks
4:03 I’m worried about political attacks
5:10 I’m confident in the robustness, security, reliability and resilience of the system
This question is from the Patrion Q&A session which took place on April 25th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Bitcoin Q&A: Miners, pools, and consensus – https://youtu.be/JHz7LM4ncLw
Bitcoin Q&A: Could a state-sponsored 51% attack work? – https://youtu.be/KUd8ZGgm6Qo
Bitcoin Q&A: Will governments ban cryptocurrencies? – https://youtu.be/LIQkuF_I5Xo
Bitcoin Q&A: Will Bitcoin survive global government intervention & regulation? – https://youtu.be/_QS-wCxnqr0
Bitcoin Q&A: Biggest threat to cryptocurrencies – https://youtu.be/MNXSDaD97x0
Bitcoin Q&A: Is quantum computing a threat? – https://youtu.be/wlzJyp3Qm7s
Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.
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French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang