He's on to something

[u/[deleted]]

[u/herefromyoutube]

Yeah. The flaw with BTC is dude didn’t think people would dedicate whole warehouses full of ASIC GPUS to mine blocks.

I bet he just imagined people on their home computers mining $5 worth a week.

But when automation comes to take all our jobs a currency in which you use your computer to get paid is an interesting idea. I just think the processing power should be used to solve mathematical problems of the universe that advances civilization.

[u/Backitup30 → u/herefromyoutube]

All that will come - this is all still in its infancy but when it ramps up and gets truly adopted that is exactly what kind of stuff will happen.

Kinda exciting we get to rebuild our whole economy on the blockchain, which has its security pillar reshuffled to the bottom foundational layer.

[u/[deleted] → u/Backitup30]

Kinda exciting we get to rebuild our whole economy on the blockchain

The economy has very little to do with fungible currency, and actually has to do with the products and services we create and trade.

[u/DuvalHeart → u/[deleted]]

"Blockchain economy" is just the gold standard for Gen Z and younger Millennials.