~/talk

Adversarial Thinking

Talkat Bitcoin Amsterdam 2022 · 2022-10-12..10-14· [bitcoin]
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slides:none on file

Argues that the likeliest powerful adversary is the state and lays out a concrete resource gap with $2 billion per day vs ~$20 million as an attack budget comparison and why a 51% rewrite is possible but costly. Lists four cheaper real attacks: confiscation, centralized verification, bans, FUD, and gives explicit countermeasures — keep coins off custodial services, self custody, raise fees or start mining during censorship, and run your own full node to verify and harden the network.

AI-written summary · about

  1. 0:00Start
  2. 0:33Adversarial Thinking Is Not Just for Rock Star Bitcoin Developers
  3. 6:21Confiscation
  4. 7:21Centralized Verification
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