Re:Blockchains Considered Harmful: Is Brute-Force Processing...
by setr on Friday November 03, 2017 @06:57PM
(#15622779)
They did, like protein folding.
Part of it is that if its going to be a currency, its not particularly appealing that some group gets arbitrary benefits from the act of mining, for free. The government has the power to force such a currency on us, but otherwise, unless the economically valuable activity is globally valuable, its a difficult proposition to justify.
Part of it is that if its going to be a currency, its not particularly appealing that some group gets arbitrary benefits from the act of mining, for free. The government has the power to force such a currency on us, but otherwise, unless the economically valuable activity is globally valuable, its a difficult proposition to justify.