Bitcoin's BIGGEST Risks!! Watch If You Hold BTC!!
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Top Comments (10)
Youtubers are bearish means we will have a bullrun
If BTC really did "collapse" that would be fantastic. We could buy more at prices we all wish we'd bought at before. Ready for when BTC rises again like a phoenix from the ashes...as it always does. Just keep stacking sats & chill. Everything else is just noise when you adopt a long term view.
Some quality FUD here.
Later they will tell that btc will 10 x u all
You guys completely forgot to mention Security budget issue. This is essential to the problem of hoarding it like gold when fees and fee market will not be enough to secure the network, made worse by lack of scaling at the L1 level. I never see anyone talk about this problem.
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The fundamental risk - is not even discussed: the security budget will fail by 2030 (maybe even 2028!)
As far as i humbly know, quantum-proof cryptography algorithms is already a thing. Theres already a race in this field as in the classic computation field. So the risk on it would only be based on the human failure of not implementing the known strategies in crypto networks, which is far from necessary right now
Damn. I was about to stake some SATs! 😢
Thanks for laying those risks out Nick. The idea of Blackrock and/or The US government coopting the code is the most concerning.
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Top Comments (10)
Youtubers are bearish means we will have a bullrun
If BTC really did "collapse" that would be fantastic. We could buy more at prices we all wish we'd bought at before. Ready for when BTC rises again like a phoenix from the ashes...as it always does. Just keep stacking sats & chill. Everything else is just noise when you adopt a long term view.
Some quality FUD here.
Later they will tell that btc will 10 x u all
You guys completely forgot to mention Security budget issue. This is essential to the problem of hoarding it like gold when fees and fee market will not be enough to secure the network, made worse by lack of scaling at the L1 level. I never see anyone talk about this problem.
🤑 EXCLUSIVE Deals (Bonuses, Discounts, Giveaways): https://www.coinbureau.com/deals/ 📈 Join Toobit for 100K USDT Bonus and 50% Lifetime Fee Discount: https://coinbureau.com/deals/trading/toobit-cb/ 📊 Axiom Trade - 10% Cashback For Life + 2x Point Multipliers: https://coinbureau.com/deals/trading/axiom-cb/ ♣ Join The Coin Bureau Club: https://hub.coinbureau.com/
The fundamental risk - is not even discussed: the security budget will fail by 2030 (maybe even 2028!)
As far as i humbly know, quantum-proof cryptography algorithms is already a thing. Theres already a race in this field as in the classic computation field. So the risk on it would only be based on the human failure of not implementing the known strategies in crypto networks, which is far from necessary right now
Damn. I was about to stake some SATs! 😢
Thanks for laying those risks out Nick. The idea of Blackrock and/or The US government coopting the code is the most concerning.