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Proof of work is a nice way to bridge digital and physical world - but it's also using a ridiculous amount of energy. Bitcoin is a hack to get control back fro
by jokethrowaway 5y ago
Proof of work is a nice way to bridge digital and physical world - but it's also using a ridiculous amount of energy.
Bitcoin is a hack to get control back from government. It's a technical solution to a political problem.
I wouldn't use it in production. I'd rather have a network of private banks (without governments and central banks printing money as much as they like - and bailing out their friends) and a currency based on the value of a basket of everyday items (wheat, wood, iron).