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There are precisely two legitimately useful applications of the blockchain data structure that have been invented: 1. Money 2. Zooko's Triangle Your prior sho
by centimeter 6y ago
There are precisely two legitimately useful applications of the blockchain data structure that have been invented:
1. Money
2. Zooko's Triangle
Your prior should be that anything else is some kind of delusion or scam.
- drpixie 6y agoAnd the cost of bitcoin has naturally been inflating to the cost of the power needed to do the mining ... so the whole thing looks a lot like a bubble, great if you got in and out early, bad news for everyone else.
- rdbell 6y agoAre you arguing that price chases hash rate instead of hash rate chasing price?