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Joined 1 year ago
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Cake day: April 13th, 2024

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  • This will be my last reply to you because I already explained this very basic idea, so you are either an antagonist, trolling, or need to do some self-learning. I would recommend reading what I said again.

    An alien can come to Earth and use its UFO compute to mine bitcoin if it wanted.

    Someone in their garage could come up with a vastly superior way to compute hashes and mine bitcoin.

    Large mining farms could be banned and made illegal and smaller operations can instantly become profitable again.

    The list goes on, and on, and on, and on…


  • No.

    You can study the universe and come up with a way to do PoW more efficiently. PoW requires knowledge to enter. With more knowledge and mastery, you are rewarded more.

    The specialist equipment can be built by anyone at any time. Any country, any place. If your country blocks it? You can use specialist knowledge to circumvent them. You can also still use a computer to mine, though you will never mine a block now days, there is still a chance.

    All of this is a very, very important feature that almost everyone overlooks now days. It is essential that it be this way. Anyone should be able to enter the network assuming they have the knowledge to do so.



  • Proof of Stake = I have a stake in preserving this network, and I am rewarded by receiving an increased stake in the network.

    You cannot organically enter a PoS network without having a stake in it. That requires acquiring the network’s token somehow. That means you must use a different token to purchase it, do work for someone who will pay you in it, or otherwise perform an operation organized by people in order to acquire the token to have a stake.

    That’s what I mean by human consent.


  • Yup.

    Look, they’re arguing against math. Not much you can say to someone at that point. The knowledge is free for everyone to see now. Even someone with basic curiosity about the universe can access it.

    You can barely have a conversation with people that far gone. Bitcoin will be worth $10,000,000 of their worthless dollars and used for commerce between Earth and Mars, and they’d still be arguing against it. It could lead to the construction of a dyson sphere around an artificial sun, powered completely by fusion energy, and they’d still criticize the energy usage while talking to an energy-guzzling AI about their relationship issues.

    They’re gone my friend.


  • Don’t engage with these ignorant assholes man, they are all in banking’s pocket. We are at war, you know that right? Who the hell would be this passionate about protecting a slimy, evil ass legacy network without any audibility, responsible for countless wars, death, usurping of democratic governments, literally the death of this planet via global warming…

    Traditional banking supports and incentives genocide.

    It supports and incentivizes oil.

    It shut down nuclear power.

    It limits renewable power.

    It is the engine of our destruction.

    Do not justify yourself to it. You are the correct one. Anyone who cannot see this will never see it now. Leave them on their path to die. They will go down with the ship. I feel for them, but it is too late now.


  • BULLSHIT.

    You aren’t computing the cost in blood, censorship, wasted time, the lives employed by these evil orgs wasting their lives scamming people, the loss of revenue from value-producing business, the waste of banking cards, and the COUNTLESS other energy-guzzling mechanisms involved.

    Bitcoin eliminates ALL these problems. It is by far more efficient, it isn’t even close. Also, it isn’t a payment system like visa, what an ignorant ass comparison. It is literally a sovereign currency with publicly auditable minting & ledgers. It replaces MONEY. Payment processors are built on top of it.

    Yea, even the shit visa and mastercard can switch to payment processing on top of Bitcoin. It would actually be beneficial. When they decline a transaction you just directly use the network instead.

    Btw PoS is also bullshit, in a completely different and inferior class of crypto. It requires HUMAN CONSENT to enter the network. PoW requires COMPUTATIONAL CONSENT. PoW lets anyone into the network if they can follow the rules of minting. This is HUGE when talking about a freedom-preserving system.

    Put more simply, PoS systems are aristocracy owning an apple orchard (you ask an authority if they are allowed to take an apple), PoW is like an apple orchard deep in the woods that anyone can take from (you just have to walk there). Understand the difference?

    One OWNS THE ORCHARD. They will protect it from people they deem unauthorized. They demand people go through them for permission. It is no different than what we have now, abstracted further and digitized.