bbrx

It would not necessary be possible, because it's incremental instructions on how to make the hardware, but based on already existing, unspecified and very complex, hardware. So the first instruction would be something like "take the stuff you have on your left and fuse it with the stuff you have on your right", both stuff being unspecified very complex protein assumed to be present.

The moral angle is indeed the mindblowing part, but I wanted to sollicit the acute minds of hackernews to shine a light on the practical aspect of it.

Pardon my very limited knowledge about those things, but one thing I wonder and find fascinating about bitcoin is this : I understand that a very limited number of people, probably the initial developers, hold a very hight percentage of available bitcoin. (disregard the rest in case i'm even completely mistaken in that assumption...) Those people have an asset with an incredibly high face value. Of course, the market is probably far too shallow for them to cash out even a small part of this face value.

The question is this : for those people, assuming or not that they can coordinate, what is the optimal strategy? I'm thinking something like draw regularly, in order to build a war chest to "defend" the cryptocurrency against too violent crashes, such sustaining the confidence of the public. In a way controlling and fine tuning the influx of external money coming in from fools wanting in on the pyramid effect.

Is it realistic to think such strategy could be feasible, and if so, for how much time those people could/would want to sustain it?