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A comment on Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014). Parent comment

Re:Mining Bitcoin with pencil and paper: 0.67 hashes per day... by solosoyokaze on Monday February 15, 2021 @05:41PM (#26148557)
Bitcoin plays a role in the crypto ecosystem. It's like gold. Ethereum is like the finance industry and things like DOGE are like currency. The value will be pegged to BTC, making it the foundation for the ecosystem.
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Re:Mining Bitcoin with pencil and paper: 0.67 hashes per day... by charcircuit on Tuesday February 16, 2021 @08:30AM (#26153647)
>and things like DOGE are like currency. The value will be pegged to BTC, making it the foundation for the ecosystem. I disagree. It is more realistic for existing currency based stable coins to become the currencies. For example countries like the US will create a cryptocurrency pegged to the dollar, China with the Yuan, and Europe with the Euro. Currently USD pegged stable coins are the most popular.
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