Lets conduct a scifi thought experiment, and talk about Bitcoin...
I have just noticed "
researching decentralization" in your forum signature. If we consider Bitcoin as the first step to decentralization then creation of millions small "Bitcoins" (let's call them altcoins) seems to be the second step in the same direction. But for an unknown reason you keep promoting only Bitcoin and trying to construct other systems on top of it. It would be great to know why...
the universal cryptographic AI was measuring Joules expended, and unlike humans was not easily swayed by marketing and logos: a proof of joules mined is a proof joules mined, whatever letter or logo you stamp on the coin!
He's saying that no matter what altcoins claim,
they are no better than Bitcoin and are only used to scam value out of actual original Bitcoins. The reason is that they all use the same amount of energy to reach value.