Comment by LarsDu88
3 days ago
If you can break bitcoin, you can also break all the encryption we use for banking and other transactions, so might as well stock up on SPAM and ammo.
3 days ago
If you can break bitcoin, you can also break all the encryption we use for banking and other transactions, so might as well stock up on SPAM and ammo.
It's an on issue, since bank can always switch to face-in-face verification. This is not an argument. Crypto is the problem here.
Beating face verification is quite honestly a far easier thing to break than encryption my friend.
By "face to face" I mean going to bank on your own two legs physically and talking with the teller.
Centralized businesses will not suffer much and will switch. Blockchains will get destroyed due to their immutable nature.
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