🧨 Bitcoin — a ticking time bomb?
Justin Drake, a researcher from the Ethereum team, believes Bitcoin has some serious issues under the hood.
📉 Miner earnings after the latest halving have hit a 9-year low.
🔐 The network is secured by only 0.95% of its market cap — like guarding a vault with a toy gate.
⚠️ In this situation, a 51% attack isn’t sci-fi anymore — it’s becoming a real possibility.
Drake says Proof-of-Work is outdated. As Bitcoin’s price climbs, its network security actually weakens.
💭 My personal take? Technology isn’t eternal, and even Bitcoin has its flaws. But there’s no need to panic. It’s just important to recognize the risks and not blindly believe in “digital gold.” Crypto isn’t a religion — it’s a tool. And tools should be reliable.
