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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: cosmicforce who wrote (480062)	9/24/2021 7:02:55 PM
From: neolib	Read Replies (2) \| Respond to of 543000

How is that the case? crypto is deflationary by design and the number of coins shrinks Using the exact same algo, you can have BitcoinN where N -> infinity. The only reason Bitcoin has value is that it tends towards a monopoly. Its no different than any other ponzi scheme chain letter, etc that pays out very well to the ground floor, but eventually falls apart. Why do you think that Generation Z++ in the future won't decide No More Bitcoin, we are starting BitcoinZ++, we aren't going to pay out the Geezers in society? Nothing to stop that from happening, other than stupidity on the part of Generation Z++ BitcoinN can go to zero overnight if BitcoinN+1 becomes the fad.

To: cosmicforce who wrote (480062)	9/24/2021 10:02:53 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 543000

A valid criticism that could be applied to early microchips which weren't all that reliable. Russians used tubes because they knew they'd work on a nuclear battlefield - we used less reliable "shielding" and microchips. Thankfully - we never field tested our respective strategies. Somewhere in the early 80's we obtained a Mig 19 (I as I recall) and learned they were still using vacuum tubes in their electronics.... The US, on the other hand, had developed rad-hard technology which was simply a lower temperature anneal to produce high levels of positive charge in the isolation oxides and design around it..... Standard device technology struggled to keep that oxide charge level low....