Re:Coinbase is exploring the addition of new currencies
by lukeschlather on Sunday December 09, 2018 @08:01PM
(#18644390)
I mean, I think Bitcoin is really beautiful. I'm not sure it's as multipurpose as gold is (it certainly doesn't seem to have many uses.) But the basic idea really is a beautiful algorithm. I'm just not sure it has serious applications. Which is definitely unlike gold.
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Re:Coinbase is exploring the addition of new currencies
by hasa on Monday December 10, 2018 @02:55AM
(#18646048)
Bitcoin is really ugly. The utterly ugly algorithm requires storing of enormous amounts of waste data and requires extremely unefficient computational work of "mining". It's just a showcase of human greediness and stupidity.
Re:Coinbase is exploring the addition of new currencies
by threeseed on Sunday December 09, 2018 @10:20PM
(#18644923)
The point is that gold is beautiful to most of the world.
Bitcoin is beautiful to maybe a few hundred people.
Re:Coinbase is exploring the addition of new currencies
by Myrmornis on Monday December 10, 2018 @12:27AM
(#18645444)
I’d say the point is that one can appreciate the beauty of bitcoin design without owning any, whereas appreciation of gold is much more tightly connected to physical interaction with a gold artifact. At least in sane people.