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by cookiecaper
3256 days ago
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I agree with you. Bitcoin was a cool prototype with many oversights and inadequacies that got bolted to a runaway hype train. Some later cryptocurrencies have made modest improvements, but I don't think cryptocurrency will really be able to break through until a) the difficulty mechanism is fixed and b) reliable transaction confirmation is practically instantaneous. I got into bitcoin in early 2010 right before it started to show up in mainstream news. CPU mining was already dead but I could GPU mine on my desktop and generate about 1 BTC/day. I ran this for the novelty for a few days and then turned it off. Not quite enough to get a skeptic's consolation for "years to come", but it was fun anyway. :P |
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