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However how does a nation stop an individual from stealing

their crypto? One person could theoretically take everything

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Fair. But we are assuming the software will be updated indefinitely to stop that from happening. Let's say BTC does get hacked and everyone loses everything, they will just fork a new chain to revert it to the same state before the hack

J🟢sh
Fair. But we are assuming the software will be upd...

Everyone will now accept this is the legit btc

Dustin- Автор вопроса
J🟢sh
Fair. But we are assuming the software will be upd...

I mean specifically an insider hack, or aggressive nation hack to steal the funds.

Dustin
I mean specifically an insider hack, or aggressive...

That's true. Well it sucks for gold that all these new reserves are being discovered, if it wasn't for that I'd say tokenizing gold with physical backed up in vault would be the way to go

J🟢sh
That's true. Well it sucks for gold that all these...

Gold still requires energy to get. You clearly have never mined gold with your statements

Michael (Will not DM)
Gold still requires energy to get. You clearly ha...

No shit, but most of its value still relies on the fact that it's pretty fucking scarce. A gold reserve worth 13 trillion just got discovered, assuming technology keeps going exponential and mining becomes easier , the market will not value gold the same as it did

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