Ethereum Isn't Fun Anymore

Re:Ethereum Isn't Fun Anymore by Taylor_OD on Monday February 22, 2021 @04:44PM (#26231074)

I don't think one could claim mining bitcoin is the killer app of bitcoin. That's a reason why people would support bitcoin.

[ Parent | on HN ]

Re:Ethereum Isn't Fun Anymore by jcpham2 on Tuesday February 23, 2021 @02:44AM (#26234786)

The killer app is the combination of economics, sociology, game theory and decentralized ledger blah blah blah

When you take one currency pair with 8 digits of precision that’s PROGRAMMED to deflate and trade that against an inflating currency with 2 digits of precision...

You’re going to need a whole lot of the inflating thing to buy the deflating thing, this is math.

Me personally, my electrical bills and the costs I’ve eaten has yielded tremendous value: for me. I mined, I was rewarded, I stimulated the economy.

Long before there was an economy.

[ Parent | on HN ]