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I don’t contest that if the point is money the bitcoins are… probably better? The risks involved with bitcoin custody being their own can of worms. But at least
by rtpg 3y ago
I don’t contest that if the point is money the bitcoins are… probably better? The risks involved with bitcoin custody being their own can of worms. But at least fuel serves a purpose (especially in remote areas!)
- eru 3y agoIf you sell the bitcoin right away, the risks of custody aren't too bad. You can probably also just join an existing mining pool, and negotiate that they pay you in real money straight away. > But at least fuel serves a purpose (especially in remote areas!) Money can be exchanged for goods and services that can serve almost any purpose.
- Moneyyyyy 3y agoAnd resources are not endless and instead of reducing CO2, we try random hashes Great...
- eru 3y agoThat's a valid concern on a global level perhaps. For local decisions, they should check what gives them the most resources. And that might be 'trying random hashes to trade for goods and services'.
- Moneyyyyy 3y agoYes and that's the problem. Bitcoin can incentive a local market in a global scope. Bitcoin is a horrendously horrible virus. Quite crazy to think about that this virus might be invented all over again somewhere Ina distant Galaxy far far away.
- RestlessMind 3y agoBitcoin custody is a solved problem and is not any harder than securing Gold.