100 sats \ 6 replies \ @fm 15 Jul \ on: What would change your conviction in bitcoin? bitcoin
I guess if…
Satoshi nakamoto was really central intelligence
And NSA would have facilitated the sha 256 as in a collab..
And it turned out to really be a psy-op to finance the black budget..
Then i would sell…
Or not..
And NSA would have facilitated the sha 256 as in a collab..
You mean if a backdoor in sha256 was found?
Then i would sell…
I think we could hard fork in this case and start anew 🤔 But it's going to be hard to not let mining get captured immediately by the first one who builds an ASIC for the new hashing algorithm.
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Remember that crypto AG scandal?
I think people underestimate the ability of Bitcoin core developers. They can read, understand and test the SHA256 code as well as any NSA employee.
If there was a back door it would've been found. This is one fear I don't lose sleep over
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