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A comment on SSD makers start warning that mining products like ChiaCoin will void warranty. Parent comment

Re:SSD makers start warning that mining products like ChiaCo... by ineedasername on Saturday May 01, 2021 @02:48AM (#27003911)
Banking systems has more choke points

Those banking systems are the primary method of turning fiat into bitcoin & vice versa, so those banking choke points are defacto choke points for bitcoin as well.

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Re:SSD makers start warning that mining products like ChiaCo... by meowkit on Saturday May 01, 2021 @03:01AM (#27003984)
Assuming you always have to flow back to fiat?

At some point we will have CBDCs which crypto exchanges and banks will support, so legacy bank chokepoints should disappear altogether.

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Re:SSD makers start warning that mining products like ChiaCo... by ineedasername on Saturday May 01, 2021 @03:18AM (#27004085)
Doesn't have to flow back, but it does have to flow in to begin with, and banks are the choke point in either direction.
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Re:SSD makers start warning that mining products like ChiaCo... by vineyardmike on Saturday May 01, 2021 @04:44AM (#27004520)
I don't know how many people want to get paid in crypto yet. I'm sure someone is fine with it.
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Re:SSD makers start warning that mining products like ChiaCo... by ClumsyPilot on Saturday May 01, 2021 @05:08AM (#27004644)
In prague we have bitcoin can machines and I paid for a beer with it in like 2016. Not that beer is worth more than it's wieght in gold
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