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A Bitcoin attack would cost $8 billion according to a professor

A finance professor estimates that an attack on Bitcoin could be profitable through derivative markets.

Published 6sem1 sourceNotable
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The fact

He combines a takeover of the hashrate and a massive short position on BTC for a cost of $8 billion.

This thesis reignites the debate on the economic security of the decentralized network.

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Why it matters

Cette thèse remet en question la résilience économique de Bitcoin, pilier de la finance décentralisée, en proposant un scénario d'attaque financièrement viable.

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