Not Adrian-x,

Blah, blah, blah.

You will left holding NWO coin when the musical chairs stop playing.

Talk is cheap.

---

All (or surely > 50% of the hashrate of) the mining is going to be controlled by cartel and oligarchs. How many times do I have to repeat that they are not interested in double-spending. They are interested in enforcing KYC on all txns, in a monopoly on txns fees so they can raise them as high as the market will bear, in a Digital Kill Switch on txns from dissidants or competitors, and other anti-competitive behavior of fascist monopolies.


The cartels and oligarchs will control all the mining power due to the 100% efficiency of opaque heating appliances which will pay all the PoW coins to them. This is an undeniable economic outcome of the fact that other forms of mining can't compete.



Opaque heating appliances are maximally efficient. Nothing can do better.


Nope.


I never wrote that. This is low IQ reading comprehension.

I wrote that as they make the transition to middle class, their opportunity cost of managing mining on their water heater rules out significant adoption of water heaters that require mining. But smooth offered the idea that 21 Inc's plan is to control all of the variables with such top-down perfection that they can provide heating devices which the user doesn't even need to know it is a miner (mines on autopilot).

After contemplating that for a moment, I realized he is probably correct. The elite have every incentive to use any amount of resources necessary to bring that to fruition.


Irrational. Review the facts written above.