Quote:
Originally Posted by DBS.US
Bitcoin is only worth what people will pay. If someday someone finds a way to hack Bitcoin, the price will drop.
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Sorry but wont happen. If you understood how blockchain works you would know there is no way of hacking it. Blockchain could only be hacked if it were in a centralized server somewhere. But Blockchain doesn't work that way. It is based on a peer to peer network. Basically millions of computers on the network or however many there are at one time or another store the blockchain. Each one talks to the other and verifies the chain. If someone tried to hack the blockchain and tried giving themselves extra bitcoins or whatever the other computers on the network would reject that cause it doesn't line up with the majority. so the only way to hack it would have to include over 50% all giving the exact same solutions to the chain which is basically impossible. That is why there is no way to hack it and never will be. Their maybe a danger if it becomes centralized.