Bitcoin’s Future and Potential Vulnerabilities
In episode 11 of Cointelegraph’s podcast, crypto trader Mohit Sorout discusses Bitcoin’s future and potential vulnerabilities. Sorout suggests two scenarios that could potentially lead to the extinction of Bitcoin.
- If someone cracks seed phrases with a supercomputer, vulnerabilities in Bitcoin could arise.
- Attacks on the chain itself and gaining control of the hash power are also concerns.
Sorout acknowledges that these scenarios are unlikely but highlights their importance. He believes that the longer Bitcoin exists, the higher its chances of survival due to the Lindy effect.
Other Talking Points and Conclusion
The podcast interview with Sorout covers various topics, including his background as a trader. To listen to this episode and more, visit Cointelegraph’s podcast page, Apple Podcasts, Spotify, Google Podcasts, or TuneIn. Please note that this article is for general information purposes only and should not be considered legal or investment advice. The views expressed here are the author’s own and do not necessarily reflect those of Cointelegraph.
Hot Take
Bitcoin’s future may face potential vulnerabilities, such as cracking seed phrases and attacks on the chain. However, these scenarios are unlikely, and Bitcoin’s chances of survival increase with time.
By
By
By
By
By