Everyone's freaking out about AI or quantum breaking $BTC.
Meanwhile the ECB just stress-tested 109 banks in 2024. The scenario? Every preventive control fails. Attacker hits the core database.
Result: Banks have "response frameworks" but need improvement. Translation: they're cooked if someone gets in.
Here's the difference:
Banks = centralized ledger sitting in one system. One point of failure.
$BTC = ledger replicated across thousands of full nodes. No single target.
Both need post-quantum upgrades eventually. But only one has a database you can actually attack.
The irony writes itself.
Meanwhile the ECB just stress-tested 109 banks in 2024. The scenario? Every preventive control fails. Attacker hits the core database.
Result: Banks have "response frameworks" but need improvement. Translation: they're cooked if someone gets in.
Here's the difference:
Banks = centralized ledger sitting in one system. One point of failure.
$BTC = ledger replicated across thousands of full nodes. No single target.
Both need post-quantum upgrades eventually. But only one has a database you can actually attack.
The irony writes itself.