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> Mining a bitcoin without doing "work" yeah, that's why miners do work. They validate transactions, for which they are rewarded. Those who want their transact
by trickstra 8y ago
> Mining a bitcoin without doing "work"
yeah, that's why miners do work. They validate transactions, for which they are rewarded. Those who want their transactions validated see value in that, so they pay them. Therefore it's not like printing money. Therefore it's not a form of theft. Your simple logic breaks there.
- crimsonalucard 8y agoThe logic doesn't break down. They facilitate the growth and transactions of money being created out of thin air. Sort of like a bank loaning out and storing counterfeit dollars. Yes the facilitates transaction, but in the end they are facilitating the transaction of a dollar created out of thin air.