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Re:Radeon RX 6500 XT is bad at cryptocurrency mining on purp... by randomhodler84 on Tuesday January 11, 2022 @06:03PM (#29899674)
Bitcoin doesn’t care about businesses. It doesn’t care about peoples wishes. It doesn’t care that everyone else is using Gmail. It provides a peer to peer, censorship resistant append only ledger for transactions secured by cryptographic signatures and proof of work. That is all. And that is plenty.
Re:Radeon RX 6500 XT is bad at cryptocurrency mining on purp... by codebolt on Wednesday January 12, 2022 @01:09AM (#29902940)
Without an on-ramp and off-ramp for converting into dollars/euros, Bitcoin is entirely useless, even for the hardcore idealists like yourself. And those can quite easily be made illegal.
Re:Radeon RX 6500 XT is bad at cryptocurrency mining on purp... by bavell on Tuesday January 11, 2022 @09:11PM (#29901430)
I agree. I think you two are talking past each other to a degree - Bitcoin the protocol is decentralized, Bitcoin the ecosystem in 2022 is moderately centralized in various ways.