“Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title to any such commodity: i.e., irredeemable paper money.”
“The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active development, for defense. Threats are assumed to be any activity designed to prevent humanity from accomplishing it’s mission to make the world delightful.” @jwweatherman
Today we dive into the “Bitcoin Threat Model” by @jwweatherman. An exploration and extensively sourced work on the many different attack vectors and adversarial conditions within the Bitcoin system, their likely effect, and the security measures in place to mitigate them.