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For what reason? Why is it useful economically to turn computer hashes into a system of collectible numbers that exist on a common list?
by Eisenstein 3y ago
For what reason? Why is it useful economically to turn computer hashes into a system of collectible numbers that exist on a common list?
- _8j50 3y agoUseful? It's gambling, gambling on whatever system is backing the currency, like the bitcoim blockchain or usefulness of anonymity by monero, USD pegged currencies beinf used to avoid needing dollars for international trade,etc.... or maybe people just like to gamble sometimes. No one accused blackjack of being useful to society.
- Eisenstein 3y agoI would argue that blackjack shouldn't be part of our financial system to the point that it needs regulation.
- _8j50 3y agoBut if people are playing blackjack with their life savings and it has widespread use, why not? Crypto is speculative trading.
- mrguyorama 3y agoI seem to remember a "why not" for exactly that scenario sometime around a hundred years ago...