News for hackers. Stuff that matters.
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
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