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by hinkley
2979 days ago
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But gold has a use other than for trade. If a bitcoin replacement were built on, say, folding proteins, then the information gathered has a benefit that outlasts the value of the currency. Bitcoin only accomplishes two things: burn dinosaurs and slowly erode the usefulness of SHA2. Maybe it improves the situation for ASIC manufacturers? I dunno. But gold improves the situation of wheelbarrow and shovel manufacturers just as much. |
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