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  • zifnab25 [he/him, any]
    ·
    3 years ago

    But couldn’t the US just mine the coin being used themselves then sell them for near zero artificial inflating them

    Conceivably? Sure. It would probably be easier to just attack the protocols used to network the individual proof-of-work agents, effectively segregating (or at least strangling) certain coin-holders from the global network. But this gets into a broader conversation of electronic warfare. It isn't entirely clear where the US stands in this regard, particularly in light of the recent rash of ransomware attacks.

    • IlIlIlIlIlIlIl [any]
      ·
      edit-2
      3 years ago

      It isn’t entirely clear where the US stands in this regard, particularly in light of the recent rash of ransomware attacks.

      It is quite possible that World War 3 will not begin with a bang, but with a blackout. Russia (and other anti-imperialist countries) have proved themselves to possess immense cybersecurity potential. For example: Russia being able to cause blackouts in Ukraine by disrupting Ukraine's electricity grids with computer viruses, Russia being able to severely disrupt the Ukranian economy with ransomware (that deletes your files anyways even if you pay lmao, see: notpetya), alleged North Korean hacking into American assets, alleged China using cyberwarfare to conduct industrial sabotage, China hacking CIA servers and exposing the locations of every single CIA agent on Chinese soil and then proceeding to totally wipe out CIA presence in mainland China (lmao rekt), etc...

      The fact that Russia, China, North Korea, etc... are never affected by cyberattacks while America constantly is, should say something about America's cybersecurity potential or lack thereof.

      • zifnab25 [he/him, any]
        ·
        3 years ago

        The fact that Russia, China, North Korea, etc… are never affected by cyberattacks

        I don't know how true that is. I think that's more a blind spot in western reporting if anything. A municipal government in a corner of a Chinese providence or a Russian state getting ransomwared just doesn't rate as news to western media.

        But it's noticeable how comically vulnerable the US businesses have proven to be, when so much of this software foundationally originates in the US to begin with. Like, US anti-virus has always been bad. But you'd think there would at least be some kind of profit motive behind curbing it.

        • IlIlIlIlIlIlIl [any]
          ·
          3 years ago

          A local government getting hacked is quite different from the national-level disasters that are happening to the West though. It's one thing when a small town gets hit by ransomware, it's another thing when a national-level pipeline gets crippled by it.

          • zifnab25 [he/him, any]
            ·
            3 years ago

            Eh. Solar Winds wasn't a disaster, except in so far as it was a giant embarrassment.

            The Texas freeze was a disaster. And that mess was entirely analog. The Suxnet bug was a serious threat to physical infrastructure. The Colonial Pipeline shit was purely about money.