If I short Bitcoin, will you scold me?
Everyone knows that $BTC has a famous 50% theory, right?
If it controls 50% of the nodes in the network, it can issue coins at will,
which will cause the network to lose trust, that is, it can tamper with transactions at will, or issue coins to itself.
So, with the difficulty of mining rising steadily and Bitcoin not rising, will more and more mining machines lose money as soon as they are turned on? What if miners don’t have much, throw away all of them and shut down directly? What if all the nodes are institutions that short BTC? The destruction of trust is terrible.
And the reason for all this is that Satoshi Nakamoto is anonymous and he cannot upgrade the network.
If it is really impossible to short the big cake, then when the black swan comes, I will increase my position in the second cake $ETH and support cz$BNB
