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> magically just works If we use Bitcoin as an example, it magically just works by consuming a pretty extravagant amount of electricity for the miners/nodes to
by tommorris 9y ago
> magically just works
If we use Bitcoin as an example, it magically just works by consuming a pretty extravagant amount of electricity for the miners/nodes to run.
- bmcusick 9y agoThe bank I work at employees 70,000 people and has ginormous computers too. You should see our resource usage.
- austenallred 9y agoThere are 95,000 physical bank branches in the US and 500,000 employees at the 3 biggest banks alone. Of course bitcoin doesn't do everything those banks do yet, but on a per-transaction basis it uses orders of magnitude less resources than the current system
- agentdrtran 9y agoWhat? Can bitcoin count cash and provide a human face to a person whenever they want?
- austenallred 9y ago> Of course bitcoin doesn't do everything those banks do You don't have to replace 100% of what something does to disrupt it
- CyberDildonics 9y agoDo you want a human face in person to deal give you permission to use your own money (from 9 to 5 with an hour for lunch) or do you just want to be able to use your own money electronically without having to hand it over to someone first?