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I guess not in the traditional sense of the “export” word, but from the foreign trade balance perspective, it’s essentially an export product.
by iabacu 9y ago
I guess not in the traditional sense of the “export” word, but from the foreign trade balance perspective, it’s essentially an export product.
- ineedasername 9y agoOkay, the bitcoins may be an export product but not the energy. Energy is no more exported here than it would be exported if use with non-metaphorical mining of iron ore. In real world mining you might say energy is converted into a physical comodity, e.g., the ore. In bitcoin, it's converted into a much more abstract financial instrument & transaction verification service.