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45 sats \ 4 replies \ @siggy47 8 May freebie \ on: What the Samurai wallet indictment could mean for mining bitcoin
It's good to consider the possibility. I don't think the government will attempt this, though. BlackRock and Larry Fink have too much to lose, and Larry is practically a cabinet member at this point.
I hope you're right, but I fear it might just mean that BlackRock will enter the mining industry and few others will be allowed to operate. It's the closest a nation can get to being able to censor transactions.
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Indeed and in the long term it's healthier for the industry to find more homes too. There are reasons to be optimistic for sure!
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Even with a 51 percent attack, individual nodes can ignore blocks produced by renegade miners