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Biggest Myth: 51% attack Is Impossible & Bitcoin Is Unstoppable – Chapter[2.11] R[25]

Biggest Myth: Bitcoin is Unstoppable! There is no harm in day dreaming especially when you live in the crypto-world. History always repeats itself. A monetary monster can never tolerate another monster in its territory but when it does, its only as per its prescheduled will. Bitcoin has a lot of security vulnerabilities but I will discuss the most possible one here that even scares Satoshi Nakamoto (Nick Szabo) as he mentioned this possibility 3-4 times in his white paper by saying in the introductory paragraph: The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes . The CPU power that drives the bitcoin blockchain , comes from the miners. These miners help to run the system, yet at the same time if all the collective computer power of these miners is combined under the umbrella of strict government regulations through power and force, the bitcoin network can easily be brought under full control . 2.24 2.23