DEV Community

Discussion on: Blockchain 101 (and the protocols that use it)

 
hammertoe profile image
Matt Hamilton

There is always the $5 wrench attack. And governments can always legislate to make your life uncomfortable if they want.

Thread Thread
 
mangocat profile image
Mango Cat

Believing they won't is naive. The large centralized ( don't kid yourself, Bitcoin, Ethereum, Ripple, etc. are easy targets for legislation, if not physical seizure ) value chains are targets for regulation.

Thread Thread
 
hammertoe profile image
Matt Hamilton

Indeed. Despite the actual blockchains like the XRP Ledger being decentralised and near impossible to seize funds from, if I get chucked in jail and told my only way out is to give up my private key....