[michaniskin]

Running a 51% attack is not rocket science. It doesn't involve inventing anything new. When they can print the money to fund it it doesn't even require a business plan. All they need to do is buy up enough hash power and they win. Come on now, if there's anything we can learn from 2020, it's that the Fed is extremely efficient at printing money to buy things to shore up their fiat monetary regime.

[mikeblackson]

Wrong, a 51% attack by itself will not take down Bitcoin. There is follow up work that I don't think they are competent enough to complete.

[michaniskin]

Ok, assume I can make this 51% attack on bitcoin. I will then mine blocks all day, and I won't let anyone else make transactions on the blockchain.

Now consider that any investor who owns bitcoin can't sell it, because they can't get the transaction onto the blockchain. What is the market value of bitcoin? It's exactly zero.

Bitcoin is taken down. No follow-up work required.