@strength2length @tronblack@Ravencoin Asics for X16r would be terrible for the mining economy and decentralization. Just get a 1080ti and mine from you PC. At least when you're not mining you can play video games instead of throwing it away like some useless asic..
@APompliano@kevinolearytv In addition, good's values are based off their cost to produce plus a margin of profit. BTC is no different when it comes to intrinsic value. Add the component of how easy it is to use and send across the world almost instantly, the intrinsic value becomes exponentially greater.
@APompliano@kevinolearytv I would have liked to see you mention that miners are building direct intrinsic value from the cost to produce BTC. When the halving occurs the cost to produce a coin will double! I view money as a store of energy, BTC is a literal conversion of electrical energy to currency.
@tronblack@Ravencoin Thanks for the clarification gentleman! No FUD intended with my comment, I just think it's important users understand.
I'm a long time supporter of Raven and would LOVE to see true privacy features brought to Raven in the future!