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by __B_B__ 1494 days ago
Well let me put it to you this way. He whines about proof of work, as is popular to do. Proof of work means to expend resources to produce a true statement such that the cost of lying is prohibitive, because producing an accurate record is better than producing nothing, given the same expenditure.

Cost of refutation is a related rhetorical concept. If this worthless article is going to can a few common critical tropes, all previously addressed, even by other technologies in the same space it aimed at, why should I do anything other than respond with equivalently low effort?

Because you want me to expend the resources? I thought wasted resources were bad? That's the premise of the whining after all, isn't it? Disingenuous, worthless article, preying upon stupidity, fear and moral outrage, which just happened to be filed within days of most cryptos dropping 25% in price, roughly, in the middle of a bear market.