Category Archives: Walkaway

The protocol of greed: capitalism, machines and bitcoin.

My comment to the article “Bitcoin = Death Processors
 
First of all, we should separate “blockchain” as a general system of distributed ledger form Bitcoin, that is very specific implementation thereof. Blockchain needs no mining, blockchain uses NO excessive energy nor needs hijacked processing power. The fact that the author does not know the difference makes the whole rant much less viable.

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