A new Taiwan Strait crisis would be far more dangerous than the crises of the 1950s. There’d still be the risk of nuclear war, especially given China’s growing atomic arsenal. But rather than a standoff over an impoverished island, this time the battleground would be the beating heart of the digital world. What’s worse is that unlike in the 1950s, it’s not clear the People’s Liberation Army would eventually back down. This time, Beijing might wager that it could well win.