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you've just described bitcoin - except it's missing the part about the uselessness and wastefulness of 'mining'
by beckman466 5y ago
you've just described bitcoin - except it's missing the part about the uselessness and wastefulness of 'mining'
- haylem 5y agoWell, in the case of Bitcoin, the value didn't come from nothing. The mining analogy itself was part of the concept. There's definitely a wastefulness aspect that may have been underestimated, though...