2min chapter

The "What is Money?" Show cover image

Bitcoin Threat Vectors | The Weinstein Series | Episode 2 (WiM086)

The "What is Money?" Show

CHAPTER

Cryptocurrency and Bitcoin - What Are the Threats?

There could be a cryptological attack, because of advances in number theory that i don't know about. You could have changes in computing power, through quantum computing, that could somehow complete change how secure the money was. They're justav high violence. So the low probability of discovery is coupled to catastrophic consequence. There're a bunch of different things that bitcoin needs to worry about, completely agreed. This is biblical, right? This is honest weights and measures. Clearly, if we're going to reach a viable, truthful consensus, we need to be able to trust the language in which we are communicating.

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