Skip to content

Comment on Bitcoin security guarantee shattered by anonymous miner with 51% network powerparent

Comments

That seems to be one of the fundamental paradoxes in the anarchistic ideal of Bitcoin - that implicitly, collective action to centralize and exploit the system is a perfectly legitimate act within its framework, if you can get away with it.

I'd say it's more a libertarian ideal. You'd have the same idea in an actual anarchy of course, except that rolling up all the communes by force wouldn't be considered legitimate just because you're able to do it.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.