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Wow, it's interesting how divergent perspective can be. Just the other day I came to the conclusion bitcoin is a monitoring tool for the powerful to keep track
by cvucm 10y ago
Wow, it's interesting how divergent perspective can be.
Just the other day I came to the conclusion bitcoin is a monitoring tool for the powerful to keep track of advances in digital security by incentivising implicit disclosure.
If someone cracks integer factorization or tsp and thinks bitcoin would be a great way to make some dough on the discovery it will immediately set off red flags to anyone watching.
If your typical nonce is found in a pool of many, but an individual suddenly starts solving blocks and banking 25btc, as of this writing, left and right you'll know straight off that individual has compromised the entire system.
Putting a target on the poor rube's back and destroying any confidence in bitcoin as a currency.
Perhaps this is unlikely but to put all of your trust in a system with such a huge potential to immediate failure terrifies me.
Who is satoshi? Maybe a three letter acronym.