Aspiring polymath.Trying to make things better. Opinions are my own and subject to change

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Joined 3 years ago
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Cake day: June 20th, 2023

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  • Let’s think about this. Ethereums total market cap is $325b, if you tried to buy anywhere near half the market cap, you would drive the price up so egregiously that not even the US Government could probably afford it, and so many people would get suspicious and stop selling, that it likely would be impossible…but, even if you could, the action of falsifying even 1 transaction and getting caught would absolutely wreck the entire value of the chain driving it to zero. So you would have to spend probably on the order of $1 trillion dollars or more to effectively delete your money.

    The only reason that would ever happen, and this would be quite the extreme, is if a large government like the US or China, saw it as so much of a threat, that they would go to this length instead of just banning it and letting it fizzle out.

    Even if an entity could throw away $1T, there are many other ways to devalue crypto or make it untrustworthy. $1b of thugs, propaganda, and lobbying is way way more effective.








  • it is, and they don’t understand that the hardware on a 3d printer isn’t capable of analyzing what it’s about to print like that, it’s not even close. People average laptop couldn’t even analyze a random part and give a reasonable estimate of how likely it is a gun part unless it’s an exact match, but if you tweak 1 thing it would be lost.

    I don’t think these lawmakers have any clue how anything works. 3d modeling, slicing, and firmware would all have to have spyware in it and be uploading data to the cloud to be analyzed for this to be remotely possible. Not only is that financially impractical, it’s logistically impossible.