115 sats \ 0 replies \ @pillar 16 Nov 2022 \ parent \ on: Thoughts on nation-state 51% attacks bitcoin
I genuinely believe that is enough. Furthermore, the attacking organization would also be terribly naked to violent physical attacks, since such a mining operation is not something you run in someone's basement. Add army-grade security to the operating expenses of the attack.
I would suggest you read on the double-spend ability of the 51% attacker. I still think you are overestimating the power it provides. Spoiler: a successful 51% attack doesn't allow you to "rug-pull" anyone if by that you mean stealing someone else's coins.
It's definitely hard to be sure about complex things in the future. But I rest calm since the incentive structure promotes node runners to behave that way.