klacky on Nostr: Did he just describe an attack vector a large state actor could pursue? How much ...
Did he just describe an attack vector a large state actor could pursue?
How much would it cost a government to drive fees up to a point where plebs would not be willing to transact?
How long would they need to maintain the upward fee pressure to reduce adoption, especially if bitcoin were becoming more broadly adopted as money?
Wouldn’t be immediately a problem for HODLers but could be for those that depend on transacting on-chain.
Published at
2024-04-11 03:49:17Event JSON
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"content": "Did he just describe an attack vector a large state actor could pursue? \n\nHow much would it cost a government to drive fees up to a point where plebs would not be willing to transact? \n\nHow long would they need to maintain the upward fee pressure to reduce adoption, especially if bitcoin were becoming more broadly adopted as money?\n\nWouldn’t be immediately a problem for HODLers but could be for those that depend on transacting on-chain. \nhttps://m.primal.net/Htcm.jpg",
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