2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 398.89

+0.1%

Dec 30 4:00 PM EST

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To: Pogeu Mahone who wrote (180793)	11/26/2021 1:53:40 PM
From: sense	Read Replies (2) of 218860

Makes it pretty obvious that "proof of work" has no value in its own right... but has that function matter as a useful metric only when the work done leaves something of actual value behind ? Work has to have a point... and be successful... including the element in risk of it not being successful... with success necessarily defined as something more than "work for its own sake" that generated nothing of real value ? Otherwise, anyone who goes mining... and fails to convert their rocks into a permanent physical legacy others will value... should be awarded their "participation trophies" in the form of the fiat required to reward them for going through the motions of "doing the work" ? When the bitcoin you bought for $20 each finally do get converted to gold... does that count ? I guess if you did buy a couple hundred bitcoin when they first came out... they can't possibly represent real value in relation to any proof of work... which doesn't mean the things you can buy with them now that are products of others work... have no value ?

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