Bitcoin Attack: Can Bitcoin Be Taken Down Now With Just 7 Billion Dollars? Breaking Bitcoin [2021]
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 Published On Apr 21, 2021

Can a well-funded adversary, one with $7 Billion dollars, take down bitcoin? Denial of service is possible but will it bring bitcoin down? Watch this video and learn more about why a nation state would be foolish to try an attack like this.

Chapters
0:00 In a debate between A. Pompliano and M. Green, Green argued that a bad actor with $7bn can bring bitcoin down by DOS-ing it with empty blocks. What truth, if any, does Dr. Green’s message convey and would a nation state attempt such a move?
0:56 A 51% attack is not profitable
1:20 What about a nation-state that is not interested in a monetary reward and the only intention is to break bitcoin?
3:28 Will it bring bitcoin down?
4:01 Countermeasures
4:45 Making bitcoin more popular than ever, thanks to an attack like this

This was the first of many questions from the March 2021 Open Topic Q&A where Andreas answers your questions on bitcoin, ethereum, the lightning network, and so much more. See the whole video here:    • March Q&A - $7B Bitcoin Takeover, Tap...  

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