nweaver

nweaver

  • Commented on Why I want Bitcoin to die in a fire
    Don't forget option #3: When in a gold rush, don't dig for gold, sell shovels and blue jeans... Actual mining is a red-queens-race with so many people that really, the profit ends up accruing reliably to those selling the mining...
  • Commented on Why I want Bitcoin to die in a fire
    Hey, don't worry. Bitcoin is GOING to die in the fire... You see, Bitcoin believers also continue to insist on two other "features" as being good. 1) That, by default, bitcoin is irreversible. 2) That, by design, bitcoin is unlinked...
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