Re:Bitcoin Core Lead Maintainer Steps Back, Encourages Decen...
by spacerocking on Saturday January 23, 2021 @04:32AM
(#25880935)
Wasteful compared to which other network that manages money and protects property rights? Most popular place to mine bitcoin is the north-west of China where there are unused hydroplants
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Re:Bitcoin Core Lead Maintainer Steps Back, Encourages Decen...
by gotstad on Saturday January 23, 2021 @04:41AM
(#25880997)
I don’t fully understand your argument. Are you saying that a full crypto inplementation would entirely rid the World of the need for military, police, lawyers etc. or what?
Re:Bitcoin Core Lead Maintainer Steps Back, Encourages Decen...
by spacerocking on Saturday January 23, 2021 @05:54AM
(#25881363)
No but it removes the need to delegate trust to managing the ledger to a bank. A bank which is required to be highly regulated, audited and with great physical security to earn that trust