id author title date pages extension mime words sentences flesch summary cache txt blog-dshr-org-4134 DSHR's Blog: Unstoppable Code? .html text/html 5630 579 77 It will also require disrupting the one payment channel capable of moving millions at a time outside of money laundering laws: Bitcoin and other cryptocurrencies. So, if governments take meaningful action against Bitcoin and other cryptocurrencies, they should be able to disrupt this new ransomware plague and then eradicate it, as was seen with the spam Viagra industry. Nearly a year ago Joe Kelly wrote a two-part post explaining how governments could take action against Bitcoin (and by extension any Proof-of-Work blockchain). In How To Kill Bitcoin (Part 2): No Can Spend Kelly explains how a group of major governments could seize control of the majority of the mining power and mount a specific kind of 51% attack. Thus it appears that, until the concentration of mining power in China decreases further, the Chinese government could kill Bitcoin using Kelly's attack. It turns out that I have time to work on a post about attacking Proof-of-Stake blockchains. ./cache/blog-dshr-org-4134.html ./txt/blog-dshr-org-4134.txt