SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (137310)12/24/2017 4:35:37 PM
From: Maurice Winn2 Recommendations

Recommended By
dvdw©
pak73

  Read Replies (4) | Respond to of 217842
 
Xmas morning here. Merry Xmas to most people = the non evil ones = the good ones.

The fundamental flaw is now very evident = the very high electricity consumption to run the mining and management action.

Bitcoin is an entropy production machine by design. Nature is an entropy reversal process though so far people have only achieved reducing entropy production per gdp. In ordinary language miles per gallon has improved for 150 years while costs of the machinery has fallen by orders of magnitude.

There are other flaws but that one is enough to be going on with.

Down with the Empire and central planning and totalitarian kleptocratic rule. Hooray for peer to peer voluntary transactions and identity formation.

Mqurice