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they produce security of distributed decentralized database and continued operation of payment platform on top of it.

• nosuchthing 9y ago
  There's nothing really produced as there's no product, the software is running a service. Without the service, there is nothing.
  • omarchowdhury 9y ago
    Mining by definition produces cryptocurrencies, which is a 'product'.
    • kobeya 9y ago
      Not after subsidy has played out. That's a temporary state of affairs. Mining provides economic cost of reorg as a product, something people in the bitcoin space call "security."
      • keymone 9y ago
        and the payment system. you know, the actual thing that allows people to transfer a unit of value?
  • keymone 9y ago
    > there's no product > running a service i don't know how to put it for you mate.. service can be a product? you know, like this site where people friend each other and share shit nobody cares about, what's it called.. facebook?
  • ric2b 9y ago
    And since when have service industries stopped being industries?