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Yes, to me this response seems intuitive if you know anything about bitcoin and PoW blockchains. The original article seems based on misconceptions. I find it
by purple_ferret 6y ago
Yes, to me this response seems intuitive if you know anything about bitcoin and PoW blockchains. The original article seems based on misconceptions.
I find it strange that even people at a prominent firm like Union Square Ventures are perpetuating such misconceptions.
- acdha 6y ago> I find it strange that even people at a prominent firm like Union Square Ventures are perpetuating such misconceptions. Remember, their goal is to make money. As we’ve seen over and over again, there’s a strong financial interest in doing whatever is needed to make their holdings profitable and most will say anything short of legally actionable misrepresentations.
- Applejinx 6y agoI don't think it's a bit strange if they're heavily invested in Bitcoin. You may be assuming it's a good-faith argument.