I’m sure this is an old comparison, but it struck me that proof of work in the bitcoin context is like a game with the following setup:
1. A game master- sets the rules and adjudicates the winner (in this case the software)
2. The arena where the game is played: a large sandbox filled with brown sand into which is placed one grain of green sand.
3. The players: entities with scoops.
4. The goal: find the green grain of sand
5. Open to as many players as want to join.
6. If the grain of green sand is found too quickly, the game master expands the sandbox (the difficulty adjustment)
This doesn’t extend to two players finding the green grain at the same time.
Anyway, I got a little more clarity by having a physical metaphor to think about.
elephant
elephant@nostrplebs.com
npub1f344...t753
Incentivized closed loop manufacturing
Notes (20)
If ever in Japan, go to Kusatsu Onsen to take the waters. Very pretty spot and the sulphury water is excellent .


Regarding FinCEN regulation 2023-0016:
Here is the link to submit comments:
https://www.federalregister.gov/documents/2023/10/23/2023-23449/proposal-of-special-measure-regarding-convertible-virtual-currency-mixing-as-a-class-of-transactions
nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z has done a load of work on this. Read his analysis here:
https://egodeath.capital/blog/fincen-may-be-violating-your-rights-bitcoin
You can amplify his efforts by submitting a comment based on his research if you don't have time to dig in yourself (it took him three weeks).
the comment box has limited character capacity, so one option is to save his answers as a text or pdf file and upload it.
The more comments we drop the more ammo the lawyers have when the fight comes.
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Tange Interrupted
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nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8
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