Re:SSD makers start warning that mining products like ChiaCo...
by thedufer on Saturday May 01, 2021 @03:34AM
(#27004172)
Nowhere did I disagree with what you've said, except for your final sentence. The interesting thing about cryptocurrency is not that it facilitates illegal activities, but that it does very little else - and that is in fact quite different from the rest of your list.
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Re:SSD makers start warning that mining products like ChiaCo...
by atweiden on Saturday May 01, 2021 @03:49AM
(#27004249)
> The interesting thing about cryptocurrency is not that it facilitates illegal activities, but that it does very little else - and that is in fact quite different from the rest of your list.
How can the same people who make this argument turn around and in the same breath decry Bitcoin for being nothing more than a speculative store of value? You can’t have it both ways.
No one buys Bitcoin to spend it. This much is abundantly clear. And Bitcoin, as an inflation-proof global currency of fixed supply controlled by computer algorithms, never had to do anything other than sit there as an idle speculation to fulfill its primary role as safest safe haven asset. That’s what makes it such a powerful idea.