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If there wasn't demand for Bitcoin (no matter how misguided you might think that demand is), Bitcoin would not be worth anything, and so mining it would be poin
by vertex-four 12y ago
If there wasn't demand for Bitcoin (no matter how misguided you might think that demand is), Bitcoin would not be worth anything, and so mining it would be pointless as it would get you something that is not worth anything.
- lmm 12y agoSure. Bitcoin provides value for criminals (it may provide a little value for some legitimate use cases, but they're very marginal in comparison to the criminal uses). Those running the system are providing a service to criminals and receive a proportion of their criminal profits in return. Still a very depressing business.
- gnaritas 12y agoThat's like blaming cash for crime, it's just ignorant.
- Retra 12y agoYou can create demand for anything with enough hype.