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Wasteful compared to which other network that manages money and protects property rights? Most popular place to mine bitcoin is the north-west of China where th
by spacerocking 6y ago
Wasteful compared to which other network that manages money and protects property rights? Most popular place to mine bitcoin is the north-west of China where there are unused hydroplants
- gotstad 6y agoI don’t fully understand your argument. Are you saying that a full crypto inplementation would entirely rid the World of the need for military, police, lawyers etc. or what?
- spacerocking 6y agoNo but it removes the need to delegate trust to managing the ledger to a bank. A bank which is required to be highly regulated, audited and with great physical security to earn that trust