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Such a good point. I get that it's tempting for people to hold on to the idea of Proof-of-Work because it was 100% necessary to get the idea of crypto off the g
by jrm4 4y ago
Such a good point. I get that it's tempting for people to hold on to the idea of Proof-of-Work because it was 100% necessary to get the idea of crypto off the ground, but this is like people holding on to the idea of burning coal to run trains forever.
Bitcoin was the proof of concept, but it to me seems 100% obvious and inevitable that something else will replace it (if crypto continues to exist, which I believe it will) -- ESPECIALLY since the whole point of money is fungibility-in-practice.