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Yes, wealth is tied to computing power... I spotted this flaw when bitcoins were mentioned in a thread on HN a few months ago. My comments are here: http://news
by jeromec 16y ago
Yes, wealth is tied to computing power... I spotted this flaw when bitcoins were mentioned in a thread on HN a few months ago. My comments are here: http://news.ycombinator.com/item?id=1655033 http://news.ycombinator.com/item?id=1655033
- jaysonelliot 16y agoIt's tied to computing power in the sense that one could run the app on multiple machines, or even multiple virtual machines, but it seems like you'd be doing an awful lot of work for a relatively minimal return. It seems like it would be a lot easier to simply trade for bitcoins.
- jeromec 16y agoIt seems like it would be a lot easier to simply trade for bitcoins. That depends on who you are, and what kind of value you can get out of bitcoins. ;)