I have graduate degrees in mathematics. I understand the math, all of it, behind bitcoin and other cryptocurrency.
If you believe the algorithms employed are flawed, then provide as much technical detail as you wish.
I don’t see why the current global banking system isn’t any more susceptible to EMP attack than cryptocurrency.
If your objection is something else, then explicate it rather than simply appealing to authority.
To be honest, I can’t understand why conservatives and libertarians would object to the idea of cryptocurrency. What could be a better attack on statism than having a competing non-state currency? I know quite a few that are opposed to it, and typically it is because they are older and personally or professionally invested in the status quo. I am 50 years old, and have for many years pursued alternative and semi-exotic investments, to great success.
“. I understand the math, all of it, behind bitcoin and other cryptocurrency.”
No, you don’t. There is no way you understand prime numbers and their uses in cryptography while backing Bitcoin.
“system isn’t any more susceptible to EMP attack “
We’ll that’s a real tell admitting you believe in that Internet fairytale. EMP is the worst conspiracy theorist joke right next to globull warming. “Everybody knows”.
“What could be a better attack on statism than having a competing non-state currency? “
Because Bitcoin is not a currency. It is a virtualized fiat as much as the dollar currently is.
Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and congestion.
Bitcoin Blockchain Settlement Fees Exceed $30 USD At Certain Times of the Day