Could Wall Street 51% Attack Ethereum? Bitcoin Firm CEO Sparks Debate

Description

A speculative thread led by Bitcoin Magazine CEO David Bailey on July 23 ignited a fresh dispute between Bitcoin advocates and Ethereum supporters over how the proof‑of‑stake (PoS) security model might interact with traditional capital markets. The exchange unfolded against a backdrop of publicly listed Ethereum treasury companies steadily accumulating and staking Ether—an emerging trend. Wall Street 51% Attack on Ethereum? Bailey’s scenario hinges on that concentration: if a cluster of corporat...