I know you are referring to miners, but their energy used is just a function of supply and demand.
Study Bitcoin, just as a thought experiment, or to further validate you point of view. ✌🏻
I know you are referring to miners, but their energy used is just a function of supply and demand.
Study Bitcoin, just as a thought experiment, or to further validate you point of view. ✌🏻
The military bases around the canal were an expense. The canal itself was self-sufficient. The US management was very inefficient and did not used to its full potential. Once it returned to Panama, they have done it a lot better than the US did.
The military bases around the canal were an expense. The canal itself was self-sufficient. The US management was very inefficient and did not used to its full potential. Once it returned to Panama, they have done it a lot better than the US did.
And I respect the fact that there is now reason why you need to be open to it.
If you want to keep on dancing on bitcoins grave it’s ok.
And I respect the fact that there is now reason why you need to be open to it.
If you want to keep on dancing on bitcoins grave it’s ok.
I used to have the same apprehensions that you have now about Bitcoin. which is why I took the time to send you a reply with good intentions, if you wish to ignore it, ok.
I used to have the same apprehensions that you have now about Bitcoin. which is why I took the time to send you a reply with good intentions, if you wish to ignore it, ok.
This kind of post usually end up been deleted when they don’t age well.
This kind of post usually end up been deleted when they don’t age well.
Unlike premined ‘allocate-to-my-friends’ crypto scams that don’t hold or have any value.
Unlike premined ‘allocate-to-my-friends’ crypto scams that don’t hold or have any value.
BTC will always be 16 years ahead of “the copy”. That could be an issue if time machines comes around.
BTC will always be 16 years ahead of “the copy”. That could be an issue if time machines comes around.
You can copy the source code and it won’t have the value that bitcoin has. The network effect of 16 years history of a 100% decentralized network can’t be copied. You can try starting one now, and bitcoin will always be 16 years ahead.
You can copy the source code and it won’t have the value that bitcoin has. The network effect of 16 years history of a 100% decentralized network can’t be copied. You can try starting one now, and bitcoin will always be 16 years ahead.
This sounds nuts but is true… guessing a private key is like finding one specific atom in the whole known universe.
This sounds nuts but is true… guessing a private key is like finding one specific atom in the whole known universe.
Current prices of the original vs the copies (forks).
Current prices of the original vs the copies (forks).
I had the same question when I was a skeptical about bitcoin.
My opinion… the Moat is the way it started and was distributed (not centralized, not premined) and the 16 years of running this way. You can copy the source code. But it won’t be Bitcoin.
I had the same question when I was a skeptical about bitcoin.
My opinion… the Moat is the way it started and was distributed (not centralized, not premined) and the 16 years of running this way. You can copy the source code. But it won’t be Bitcoin.
I have only refer to bitcoin in this whole discussion. Let’s keep it about Bitcoin. ✌🏻
I have only refer to bitcoin in this whole discussion. Let’s keep it about Bitcoin. ✌🏻
I would like to hear your opinion on the properties of the asset and problems that Bitcoin fixes as previously explained as a source of value.
I would like to hear your opinion on the properties of the asset and problems that Bitcoin fixes as previously explained as a source of value.
My point is It doesn’t need to. I have tried to explained why its properties give it value as “money”.
I’m glad we also agree fiat money is not a good store of value.
My point is It doesn’t need to. I have tried to explained why its properties give it value as “money”.
I’m glad we also agree fiat money is not a good store of value.
Which takes us to another problem bitcoins fixes. Now you don’t need to trust that a Government, central authority or third party keeps its promise to back your money.
Which takes us to another problem bitcoins fixes. Now you don’t need to trust that a Government, central authority or third party keeps its promise to back your money.
Bitcoin’s unique properties make it a form of very hard money. Its ability to address modern-day challenges generates real demand and value.
Bitcoin’s unique properties make it a form of very hard money. Its ability to address modern-day challenges generates real demand and value.