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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Nov 7 4:00 PM EST

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To: Snowshoe who wrote (104240)	1/17/2014 8:39:35 AM
From: Maurice Winn	Read Replies (1) of 217617

In this case, the real loss was the value of the laptop. He lost the right to spend a whole lot of money, but that doesn't mean that the total value of bitcoin or anything real was harmed one iota. <A digital 'wallet' containing 7,500 Bitcoins that James Howells generated on his laptop is buried under four feet of rubbish> The amount of energy a laptop can consume is trivial. The bitcoins will be replaced with bitcoins which are generated using thousands of times more energy than his laptop expended. James Howells is worse off, but nobody else is. In fact, other bitcoin holders had his value transferred to them, which was nice of him to do. James' loss is their gain. There was no overall economic harm, other than the laptop. Mqurice

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