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Proof of work isn't a flaw. In fact it's a fundamental part of monetary value, just as it is for gold and in fact anything else of honest value i.e. not valuabl
by npoc 2y ago
Proof of work isn't a flaw. In fact it's a fundamental part of monetary value, just as it is for gold and in fact anything else of honest value i.e. not valuable simply due to artificially-limited centrally-controlled issuance that invariably leads to corruption through the Cantillon Effect.
What is money if it's not proof of work?