Top all-time · #12541
Joe Kelly
Personal blog · joekelly100.medium.comeconomicssecurity
Joe Kelly's personal blog at joekelly100.medium.com covers economics and security. Since 2021, 6 different Hacker News readers have linked it 6 times, most often “How to Kill Bitcoin (Part 2)”. The last post was in 2021, but the archive is still widely read.
Too few sampled comments (4) to say how often HN recommends it.?
Why HN links it
HN readers link this author's Medium 'How to kill Bitcoin' posts, which argue about whether governments could take Bitcoin down through mining attacks and seizing hardware, and how proof-of-work compares with proof-of-stake.
Summarised by Claude from a sample of 4 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Most-linked posts?
- /how-to-kill-bitcoin-part-1-is-bitcoin-unstoppable-code-7a1b366f65ee3 people · 3 mentions · first linked 2021-02-19
- How to Kill Bitcoin (Part 2)2 people · 2 mentions · first linked 2021-03-09
What Hacker News says?
The linked Medium posts have a bit more content https://joekelly100.medium.com/how-to-kill-bitcoin-part-1-is... Note that this is from last July, when the price of BTC was significantly lower and thus the price of the attack is likely higher now. That said, this becomes more feasible in the long-run when mining is purely funded by transaction fees. Something I don’t see talked about much is the fact that, although B…
Comment linking /how-to-kill-bitcoin-part-1-is-bitcoin-unstoppable-code-7a1b366f65ee
on “BTC Endgame”Submitted How to Kill Bitcoin (Part 2) as a story · 48 points
HN discussionYes, governments can take Bitcoin down: https://joekelly100.medium.com/how-to-kill-bitcoin-part-1-is...
Comment linking /how-to-kill-bitcoin-part-1-is-bitcoin-unstoppable-code-7a1b366f65ee
on “Bitcoin miners in Abkhazia are causing blackouts in remote villages [video]”Submitted How to Kill Bitcoin (Part 3) as a story · 4 points
HN discussionNot sure. This article [1] sounded plausible, when I first read it. It will be interesting to see how governments' stances will settle. [1] https://joekelly100.medium.com/how-to-kill-bitcoin-part-1-is...
Comment linking /how-to-kill-bitcoin-part-1-is-bitcoin-unstoppable-code-7a1b366f65ee
on ““You Don't Own Web3”: A Coinbase Curse and How VCs Sell Crypto to Retail”The math in this article makes it sound trivial for any major government to destroy bitcoin. https://joekelly100.medium.com/how-to-kill-bitcoin-part-2-no... It points out that "But we can spend more on hardware then they could." is false. Once it was outlawed, they can just seize the mining hardware. So PoS may actually be more resistant. Instead of acquiring physical hardware governments would have to start acquiri…
Comment linking /how-to-kill-bitcoin-part-2-no-can-spend-66e59385a4a5
on “Proof-of-work should be banned”