4min chapter

Crypto Critics' Corner cover image

How to attack Bitcoin (Feat. Micah Warren)

Crypto Critics' Corner

CHAPTER

The Inshitification of the Internet

Inshitification is a process that happens to almost everything on the internet where it starts out as kind of a useful thing. Like, like Uber was actually kind of convenient and cheaper 10 years ago; now people don't even think about using cabs as an alternative anymore. Why would they want to stay on the Bitcoin network if it felt like it was compromised? If there was clear collusion between miners or something along those lines? Well, this is the, you know, that's what the Michael sailors are trying to create is this, there is one store value, it is Bitcoin, you're either off it or you're on it. That's better than eking out these tiny profits

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