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Bitcoin's value is backed by its hashing power and all the resources required for that. Arguably a foundation just as valid (and more ethical) than a nation sta
by cloakandswagger 9y ago
Bitcoin's value is backed by its hashing power and all the resources required for that. Arguably a foundation just as valid (and more ethical) than a nation state's guns and bombs.
- librarian42 9y agoBitcoin's value is backed by people's belief in Bitcoin. Otherwise it wouldn't be worth any more than Dogecoin. And calling the massive waste of resources involved in Bitcoin mining ethical is fucking hilarious. Congratulations, Libertaria has invented a new kind of evil.