4 ms·
> Will cryptocurrencies ever become large enough to compete with national currencies? it is an indirect consequence of my intended inference that mathematics w
by justifier 10y ago
> Will cryptocurrencies ever become large enough to compete with national currencies?
it is an indirect consequence of my intended inference that mathematics will deplete the value of cryptocurrencies while simultaneously increasing the value of blockchains
> what will the acquisition of this company do for those who acquired it?
probably very little, both positive and negative
in a future where math has yet to have made nonce discovery superficial:
the company can use these chips for nonce discovery and increase their own bit wallets and move that currency around the community to convert it into 'national currency', or sell the chips and make 'national currency' from others wanting to use the chips for nonce discovery
in a future where math has made nonce discovery superficial:
the chips could probably still be useful for other applications.. look at another integrated circuit, the 555(o), whatever the original application was i am sure the developers would have been unable to predict all of the utilisations people have developed as a result of having the chip in their toolbox
(o) https://en.wikipedia.org/wiki/555_timer_IC https://en.wikipedia.org/wiki/555_timer_IC