The Bitcoin hash rate has increased by 28.2% over the last month

Re:The Bitcoin hash rate has increased by 28.2% over the las... by VMG on Thursday April 21, 2016 @12:44PM (#11543488)

Do you know any other "imaginary points" that are scarce and can be transacted in an open system?

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Re:The Bitcoin hash rate has increased by 28.2% over the las... by icebraining on Thursday April 21, 2016 @12:55PM (#11543574)

There are many things that I believe not to exist, which doesn't mean they've be useful if they were, in fact, to exist.

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Re:The Bitcoin hash rate has increased by 28.2% over the las... by VMG on Thursday April 21, 2016 @03:25PM (#11544736)

Do you think money is useful? How about digital money?

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Re:The Bitcoin hash rate has increased by 28.2% over the las... by icebraining on Thursday April 21, 2016 @03:37PM (#11544823)

Thing is, digital money already existed - when my employer pays me, he's not physically handing me an envelope of bills or even writing a check. It is, and has been for quite a few years, digital money.

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Re:The Bitcoin hash rate has increased by 28.2% over the las... by VMG on Thursday April 21, 2016 @05:11PM (#11545374)

And for a lot of applications trusted third parties are completely sufficient, but in many instances you're better off without.

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Re:The Bitcoin hash rate has increased by 28.2% over the las... by icebraining on Thursday April 21, 2016 @05:21PM (#11545433)

And that's precisely where the disagreement lies.

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