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0 pointsopendais11y ago0 comments

> You bet your ass I, along with ten thousand others, tried to find ways to game/break Bitcoin. And guess what? We can't, because it's well designed.

51% attacks? http://www.coindesk.com/ghash-io-never-launch-51-attack/ ?

Etc.

Please don't tell me you can't game/break Bitcoin. With enough capital, you can. Just no one has bothered.

Please don't make obviously false statements in defense of your position.

> Why the flying fuck would I show restraint towards a system that claims to be designed for the safe storage and transport of money?

I could steal people's credit card information and use it without triggering the fraud alert until after I get the goods. I could flee the country to a place that wouldn't extradite me for such behavior before anyone was the wiser.

I don't because I have no desire to abuse breakable systems just because I can.

I guess I just have more restraint than most people.

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3 comments · 1 top-level

wyager11y ago· 2 in thread

>51% attacks?

People have tried and failed to pull them off. Preventing 51% attacks doesn't rely on goodwill. It just relies on people being either semi-rational or not sufficiently rich and motivated (one must be very rich and very motivated).

>Please don't tell me you can't game/break Bitcoin. With enough capital, you can.

I am telling you right now: I cannot game or break Bitcoin. With enough capital, anyone can do just about anything. The important thing is that no one who wants to has enough capital.

>I don't because I have no desire to abuse breakable systems just because I can.

You're conflating stealing money with breaking shitty systems. You can (and should) break shitty systems without stealing money from people.

opendaisOP11y ago

> People have tried and failed to pull them off.

Evidence? None? Oh you poor dear.

If I had 51% of the Bitcoin network, I could break it. You are once again relying on willful restraint.

The fact you don't realize its the same concept makes me not care what you think, honestly.

I'm not going to bother to reply further.

> You're conflating stealing money with breaking shitty systems. You can (and should) break shitty systems without stealing money from people.

You stated: > Why the flying fuck would I show restraint towards a system that claims to be designed for the safe storage and transport of money? You bet your ass I, along with ten thousand others, tried to find ways to game/break Bitcoin. And guess what? We can't, because it's well designed.

If you had gamed Bitcoin, you'd steal real money. Much like the person that claims something exists that can't be found except in his posts...ya, best of luck to you but this is a waste of my time.

wyager11y ago

>Evidence? None? Oh you poor dear.

Evidence is abundant. It would be immediately obvious if someone pulled off a 51% attack, because somehow service would be tangibly disrupted. That's the definition of a 51% attack. Otherwise it's just mining as usual.

>If I had 51% of the Bitcoin network, I could break it.

No, you can't. You can prevent transactions from going through, double spend, and cause mischief in a few other ways, but you can't steal other people's Bitcoins or anything of that magnitude.

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