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We can always hope that trading Chia is made illegal, along with proof of work algorithm based currencies in general. Governments so-far failing to regulate ex
by Hjfrf 5y ago
We can always hope that trading Chia is made illegal, along with proof of work algorithm based currencies in general.
Governments so-far failing to regulate existential threats to themselves is honestly odd.
- gruez 5y ago>Governments so-far failing to regulate existential threats to themselves is honestly odd. Is it the job of the government to hang onto power at all costs?
- rocqua 5y agoIt is, sort off, the inherent goal of a (nation-)state. At least, that is a common and rather accurate historical and geopolitical model.
- arcticbull 5y agoOfficially, no, but it is an emergent property of their other responsibilities. For instance, a government cannot maintain law and order without power, and a society without law and order is the definition of a failed state ([edit] well, more specifically one in which the government has lost its monopoly on violence). It's not an unreasonable interpretation to therefore say any non-failed state must retain power.
- christiansakai 5y agoBank bailouts in 2008 justified? Save the rich, screw the poor and the middle class. At least the society is peaceful.
- arcticbull 5y agoMmm not to me no, I believe in a capitalist system that lets losers lose. However the argument was ordinary folks would pay.
- gverrilla 5y agomaybe it's not the job, but it's the nature of governments
- CharlesW 5y agoChia is not Proof of Work, FWIW. Their technical and business whitepapers are helpful resources for learning more about what they call "Proof of Space and Time".
- i_have_an_idea 5y agoWe can hope, but, if you're going to need hard drives in the foreseeable future, you might want to go buy them now.
- atat7024 5y ago> Governments so-far failing to regulate existential threats to themselves is honestly odd. Factions within governments all around the world are using it to their own ends.