Thread

people really need to let go of this "there's only one way" mentality. there's no 'one' of anything. never was, never will be. there will always be alternatives. if you put all your eggs in one basket, it's just a matter of time... nostr:nevent1qqsqeevxkth6ytvxyysw943qe0vjs3wexxxvw5e3cavmpupngg0l6jspzdmhxue69uhhwmm59e6hg7r09ehkuef0qgspna4hqgceekrtap3g2m42w5qlvp9m6jfkuqrwjxxvuyum9fgd8zqrqsqqqqqpmlp3zq

Ironic if we end up having to choose between economic liberty and conservation. Unfortunately, proof of work is the only solution I've found to make p2p e-cash work without a trusted third party. Even if I wasn't using it secondarily as a way to allocate the initial distribution of currency, PoW is fundamental to coordinating the network and preventing double-spending. If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace. The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick and mortar buildings, skyscrapers and junk mail credit card offers. Satoshi nostr:nevent1qqsqeevxkth6ytvxyysw943qe0vjs3wexxxvw5e3cavmpupngg0l6jspzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqvlddczxxwds6lgv2zka2n4q8mqfw75jdhqqm533n8p8xe22rfcsqcyqqqqqqg2yexfx

nostr:nevent1qvzqqqqqqypzqquxdpn0xlh4zqw9k3patfqml9nnndqkyd9e642sfxzlycj5279pqy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqgqkdp67rkka46krqsu2gy2hw30666vlyssqf2w5rj3sh9t7ly7dgvg6ntmm