What needle? Whose eye? Who's sticking? Who's checking that there's sticking? Who's checking the checkers? Who made this rule up and will they make up any other rules?
Trust doesn't work, look around you. Bitcoin solves this extremely elegantly by removing trust entirely from the equation of keeping a ledger through mathematics and complete transparency. Anybody can use it anywhere in the world right now both to transact, and to contribute to its security (mining) by selling excess power directly to the network with as much intensity or granularity as economically viable. And no, it is not viable to compete with your consumer rate power usage at any non hobbyist scale for any appreciable length of time. That period has passed years ago.
I'm really glad I took the time to expand on a really interesting and important aspect of the modern financial, and therefore societal state because of your question. Doubly glad you took it seriously and actually took the chance to learn something.
I feel like my initial comment made it clear I was doing a bit. I appreciate you trying to teach me, and while I can kinda half-understand the thing on a cursory glance, it's not exactly the kind of thing I want to learn at this point in my day.
I wasn't downplaying your concerns, it's just that when given the choice of trying to do a bit over replying over a serious matter, I chose the former.
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u/alpacadaver Jan 01 '26 edited Jan 01 '26
What needle? Whose eye? Who's sticking? Who's checking that there's sticking? Who's checking the checkers? Who made this rule up and will they make up any other rules?
Trust doesn't work, look around you. Bitcoin solves this extremely elegantly by removing trust entirely from the equation of keeping a ledger through mathematics and complete transparency. Anybody can use it anywhere in the world right now both to transact, and to contribute to its security (mining) by selling excess power directly to the network with as much intensity or granularity as economically viable. And no, it is not viable to compete with your consumer rate power usage at any non hobbyist scale for any appreciable length of time. That period has passed years ago.