Its very poor risk analysis if all you're looking at is what's happening right now. Its like saying driving without a sear belt is fine because i haven't died or been in a car accident yet.
You try to look for worst case scenarios and how the structure of things create risks.
I agree that monero is too insignificant to be attacked right now, but after bitcoin already got big people already know that monero could get big enough to be a threat.
And there's orders of magnitude of what they need to attack monero just sitting there already.
Replies (2)
for the last time, IT ISN'T "JUST SITTING THERE."
they have to do something in order to acquire it and use it to their advantage. that is friction that neither of us can accurately evaluate.
and I didn't say you should ONLY look at how things are right now.
I pointed out thats the current situation and how things are in the future depends on specifics that neither of us can be confident about.
OK you're really not getting this. There's effectively 0 friction because when you get to the point where when they want to take it you can not physically stop them.
That is the physics of the situation
You're right that before that point you can't know exactly how the theater of lawfare will be done.
It doesn't matter.
The way in a car crash it doesn't matter if your licence is up to date or if the other guy did an illegal turn. None of that changes physics
There's enough compute right now to fuck up your network. Its order of magnitude more.
When they attack bitcoin they physically cannot get an order of magnitude more of hash power.
Do you see how one is a physical limitation and the other is just legal and economic.
Those are not the same category of risk
