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A currency should be scarce, but scarcity does not have to come at the cost of spending energy. Imagine a coin that's tied to how many push-ups you make each d
by DenisM 11y ago
A currency should be scarce, but scarcity does not have to come at the cost of spending energy.
Imagine a coin that's tied to how many push-ups you make each day? That's still scarce, but the side effects are positive, not negative - you get healthier instead of burning more coal.
- colordrops 11y ago> scarcity does not have to come at the cost of spending energy. But it does until there's a better alternative. Currently there is no algorithm or technique that can't be gamed or corrupted other than proof of work.
- PierreRochard 11y agoSounds like we should change how electricity is produced?
- joshuapants 11y agoYou spend energy when you do push-ups. That would also be a fairly easy system to game.