Bitcoin Energy Consumption Index

Re:Bitcoin Energy Consumption Index by arcticbull on Thursday October 17, 2019 @06:27PM (#21286914)

It’s the politics. If the core team decided to change the parameters of bitcoin at worst everyone would fall in line and at best it’d fork and you’d lose a whole lot of value.

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Re:Bitcoin Energy Consumption Index by keymone on Thursday October 17, 2019 @06:35PM (#21286966)

It’d be a fork either way and that’s the point. Still no trust involved.

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Re:Bitcoin Energy Consumption Index by arcticbull on Thursday October 17, 2019 @07:51PM (#21287424)

Then "faith" that people are going to continue to believe in the Bitcoin that you believe in. I mean it’s not scarce anyone can clone and fire up their own bitcoin.

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Re:Bitcoin Energy Consumption Index by keymone on Friday October 18, 2019 @02:19AM (#21289090)

Please do, because until you actually try you will remain very confused about what is scarcity in context of bitcoin.

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