IF war with China should happen this summer with the UNited States,,, could China hack Bitcoin if it had to regardless of cost?
What do you mean by "hack bitcoin"? If you mean it is about the 51% replay attack, the short answer is it is possible. Most of biggest bitcoin mining pools are located in China mainland. However it is only the short answer.
No one will give a damn about bitcoin,
What will be the motivation of China to do that? I think attacking Bitcoin Network won't benefit them at all.
I'm not really sure about that, even we still don't know for sure about where the coronavirus came from. At least I still haven't found a journal/legit source that states that clearly and it will be very helpful if you tell me if there is.The world nowadays is much different than 10 years ago so the government will not be able to hide and cover all of their shit shady actions (if they do that).
1.A war between China and USA will never happen.They are both too dependent of each other.
You did consider WW3 as a factor but not a threat, if ever two superpowers would go to war at each other then, data mining and bitcoin would be out of question because that war will ensure total mutual destruction and what happens when they both use their nuclear capabilities, the whole world will feel the impact and there will be electro magnetic pulse that will cause the disruption plus the fireball and the raditation after that, full scale war will remove the worth of many things and that includes cryptocurrency, in my opinion China would do that to buy off allies that will help them, in a war of attrition I do not know who will when but let's hope that it will never ever happen.A 51% attack on Bitcoin is possible since China owns most of the mining pools right now but I don't think that they will get any benefits from it.
Instead of doing it, they will just let Bitcoin be. I don't think that Bitcoin can be hacked right now but who knows in the next decades. One thing more is that US and China are somewhat fighting with each other right now but I don't think that it will start a new war between them. Anyway, lets just hope that it will not happen or it could start the 3rd World War. :X
That's right, if there was a war between China and the United States, it would actually mean the beginning of World War 3, in which there would be hardly any winners given the types of weapons that the two countries possess today. Bitcoin would become quite irrelevant in the event of a world war, people would save lives and the internet would become inaccessible to many.You did consider WW3 as a factor but not a threat, if ever two superpowers would go to war at each other then, data mining and bitcoin would be out of question because that war will ensure total mutual destruction and what happens when they both use their nuclear capabilities,
AFAIK those mining pools are only technically located in China but the govt doesn't control them. Pretty sure if something goes awry then those farms will prolly find a new place to mind in peace.A 51% attack on Bitcoin is possible since China owns most of the mining pools right now but I don't think that they will get any benefits from it.
I don't see how these two are connected. Why going to war has anything to do with a 51% attack? While the latter is theoretically possible (but it's so costly and would have such disastrous effects on economy that I don't think anyone will ever attempt that), it can happen without the war with the US. And speaking of the war, I am more than sure it won't happen. The war needs resources, and the world is getting into the global economic crisis right now. Not to mention how the pandemic could play out with armies moving around. And some said it would go nuclear, but it's also not necessary. While they both possess the means, they also understand the outcome of using those means. So even in case of a war I don't think there's a big chance of nuclear missiles being used.