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Re:Tech Workers Now Want to Know: What Are We Building This ... by camjohnson26 on Wednesday October 10, 2018 @09:44AM (#18184745)
Every system of currency creation is a “zero sum game” because someone ends up with the unit of currency and everyone else doesn’t. The wasted energy is on the chain as hashes which are difficult to recreate. These are the basics. Do you seriously think people aren’t wasting energy trying to get their hands on created dollars? And they’re incentivized to waste up to a dollar to receive a dollar.
Re:Tech Workers Now Want to Know: What Are We Building This ... by ForHackernews on Wednesday October 10, 2018 @11:30AM (#18185784)
"Currency creation" is not value-creation. A good currency is a medium of exchange and a unit of account.