If I understand the post you are replying to correctly, the point is that being successfully attacked does not necessarily destroy the value of the coin.
Sometimes people argue that a nation state could "shut down" bitcoin for some amount of money -- say $10B. With that, they could buy enough mining equipment to publish empty blocks and throttle the ability to send transactions.
Part of my skepticism of this idea is that the bitcoin network is already so throttled but it does not seem to affect the value of the coin negatively. What would be hilarious would be if France decided to shut down Bitcoin, and succeeded, but the value of bitcoin then proceeded to increase 100x.
Sometimes people argue that a nation state could "shut down" bitcoin for some amount of money -- say $10B. With that, they could buy enough mining equipment to publish empty blocks and throttle the ability to send transactions.
Part of my skepticism of this idea is that the bitcoin network is already so throttled but it does not seem to affect the value of the coin negatively. What would be hilarious would be if France decided to shut down Bitcoin, and succeeded, but the value of bitcoin then proceeded to increase 100x.