@Cryptotea LOL he doesn't know about the difficulty adjustment. If 99% of energy became unavailable, 3 laptops can mine the blocks and keep the entire chain running every 10 mins using 500W, possibly even solar, per block. He is uninformed.
@johnbbeta John it seems like these posts of yours are AI engagement generation. If they are, i'd decline any further use as it seems, well... artificial.
What would YOU do about managing time productivity?
@AdamBLiv I get your point, but I think there is a balance/tipping point. If I owned 19M BTC, would a nation state bother in acquiring the scraps, and being relatively poor, when they can carry on with fiat/gold saying 'have fun with your bitcoins!'
@HighContrast High Contrast comes in, sits down and starts singing about gold, and tells tales of the grand Melboune House, the devilish goblins, dusty dubplates and wooden barrels. Exits are (N) and (S).
@DanHolbrook@elonmusk They're building wooden ships to sail to the new world, yet Queen Elizabeth doesn't even have reliable plumbing! They should fix that before they even think about New England colonies.
@Heccles94@yanisvaroufakis Capitalism is the default mode of human beings, a naturally emergent property borne of logic, reason and self preservation. Ignore nature at your peril.
@_Checkmatey_@TomInglis18 This is such an exaggeration. Run Knots to protest Core capture, nothing more. Or keep to Core v29. But don't be blind to v30 capture.
@BearBanker@elonmusk@zerohedge I have no doubt about that. I'm referring to bitcoin, if the power goes out for 30 years, once it's restored, the blockchain wakes up and carries on where it left off (so long as 1 copy of the database survives). So, btc does not go to zero if there's no power. It lays dormant.
@BearBanker@elonmusk@zerohedge If power goes out, the pizza place can't run the ovens, or if they have wood-fired, pretty soon they will run out of fuel and staff.
Once the power comes back, the blockchain resumes where it left off.
@SCBuckwheat@WallStreetApes You are describing ARGOS, a UK retailer where you place your order from a catalog at the front of the store and they bring it up from the warehouse. Think Dept. store but all behind a counter. Been a British staple since 1960's or so.