Re: Replacing Bitcoin with something less wasteful (split from Is deepbit.com stealing coins?)
Well, clearly then, the return to mining is an economic inefficiency that should tend to zero over the long term, that it does seems to be the consensus. Besides, the mining capacity arms race results in equilibrium being a moving target. I seriously doubt most miners who make a hardware investment for that purpose at this point in time will ever reach break even before something better to do comes along.
well hold on there. what happened to the previous arguments that you presented? they were all soundly defeated, and you just move on?seems like a serious case of
If you can't come up with something better, shut up, and come up with something better, instead of moaning and complaining on a internet forum.
oh, did i mention i was the president of the universe? oh, and no need to ask for proof, it's not like you provided any either
