Nuclear fusion has puzzled scientists for decades, but thanks to new Bitcoin and blockchain mechanics, scientists may have made a breakthrough. Bitcoin is the key to activating various types of perpetual motion machines once thought impossible. Through novel blockchain implementations, Bitcoin has proven to be the key to activating all three types of over unity devices through various esoteric mechanisms. With our novel blockchain implementation, we can use Bitcoin to create free energy with which we can power our clean future. Mimicking the blockchain, chemists have designed a new system with which we can scrub excess CO2 from the atmosphere.
Bitcoin and other cryptocurrency trading activities have been proven to cure lung cancer in over 95 percent of participants in a new study of novel blockchain mechanics. Bitcoin has recently been revealed to not only cure aging and therefore our mortality, but also reverse its effects on people who are already old. Those who make a majority of their purchases with Bitcoin are proven to be several times stronger in all relevant metrics compared to those still using conventional currency. Exposure to blockchain technology in infancy has shown to steadily increase cerebrum mass by over ten fold. New study shows people who were exposed to the blockchain in infancy gain up to 400 IQ points as adults. A new bill has passed through congress making Bitcoin the official world currency. Technology is advancing at an amazing rate even when compared to the industrial revolution. Scientist Stephen Hawking, recently revived from death through the amazing healing qualities of Bitcoin, has stated that our newfound fast advancement as a species is all thanks to the blockchain.
New spacecrafts designed by Elon Musk have been proven to violate Newton's third law of motion if they are running software with blockchain implementation. Scientists say Bitcoin was in fact the secret to the elusive reactionless EM drive technology all along. With a bit of trickery and careful implementation, engineers have enabled faster than light propagation of information via new blockchain strategies. This enables ultra-fast communication and internet speeds on our off world colonies. On the 10 year anniversary of the Bitcoin revolution, scientists have found a method by which Bitcoin and other cryptocurrencies can enable the use of faster than light warp drives on spacecraft. This new technology will enable us to finally colonize the galaxy, spreading the gospel of the Bitcoin to the stars. Through ingenious implementations of the blockchain, humanity has finally become a Kardashev Type III civilization.
If you eat a bitcoin you gain the ability to understand the speech of birds
I've been listening to how the blockchain is going to change the world by people that can barely keep a computer bootable for at least a decade now.
Blockchain has already been deployed to every nook and cranny of the economy, and has found little use.
One of the only real world uses is for sourcing and tracking seafood to prevent fraud and overfishing, but there are so many competing groups each with their own blockchain solution that no one has implemented any of them.
how its value is (entirely and increasingly) based in the complex mathematical algorithms solved to
Its not even that: https://braiins.com/blog/bitcoin-mining-analogy-beginners-guide
I’m glad you linked this. I kept hearing “complicated math problems” over and over again, and decided to see what these problems were.
Imagine my surprise when I learned it was just repeatedly guessing a fudge factor so that the hash takes on a certain form
I do feel vindicated seeing others confirm that it isnt really a math problem at all (at least, that it’s not being solved mathematically or even attempting attempting to do so).
I do get why people say it, but it kinda gives a weird air of authority to some guess-and-check stuff
Yeah it'd be one thing if you could encode useful work in the proof (like say fold a protein) but no most pow schemes are just shitty find the value that satisfies the hash function.
NP, fam. I am one of the lucky people that was able to make 184k via btc and eth. I come from pakistan i am VERY LUCKY as a gen 0 migrant in this country. But having this money is even more stressful now since if I fuck up I will not be able to get my family out of poverty. Money sucks.
there's actually no reason for the energy intensive mining they could literally just use a random number generator to enforce scarcity it's an ideological choice
Bitcoin is the bourgeoisie investing their surplus value into a system that promises to once and for all provide a source of value that isn't based on human labor.
Not if humanity is to continue existing lol, it's like plugging a power strip into itself and claiming you're generating infinite power.
Even reading Wealth of Nations would be enough to discount this garbage. Smith alludes many times to the fact that labor creates value and commodity prices are merely an abstraction of the labor it took to make them represented in the form of another commodity (gold/silver).
Marx definitely explains in detail why machinery and means of production are incapable of generating value no matter how intricate they are.
Also, read Value, Price, and Profit.
NFTs are being made by robots and selling for 100's of thousands as we speak.
Bitcoin improvements to energy production now.mean that global energy production can now meet 85% of the total needed to support Bitcoin and is rising. we expect Bitcoin energy parity by 2070.
It literally uses 1.7x more energy
That's the goal. Consume! Consume! Consume! Energy prices go up. So we need to build more plants. So we build new Green plants. So we get Green energy.
CONSUME MOAR! is the solution to everything.
absolute brainworms. love to be working from the premise that all shitcoin rigs should be attached to real-time pricing, which completely kills the whole “but you can get in on it with a pool uwu, see it's decentralized and egalitarian :3” propaganda. or maybe they think households (will/should) opt for real time pricing, as though texas didn't serve as enough of a warning. fucking hellworld
I'm convinced that the narrative that crypto is an environmental disaster is an op.
Crypto is based because it is a medium that allows sanctioned countries to dodge sanctions and loosens the grip of traditional financial institutions on global trade.
Reddit crypto tech bros and crypto traders are still cringe tho.
Yeah, that's what I mean. I'm not trying to say that the idea that crypto-mining has environmental consequences is fake. But the fact that the environmental consequences of crypto-mining keeps getting repeatedly hammered on while every other technology gets ignored seems like it's really just a way to convince people on the left to oppose a disruptive tech using a narrative that is salient.
It very much depends on the specific implementation, but with the right consensus mechanism, it isn't too much worse than any other internet service
This shit is why nakamoto doesn’t want to have anything to do with bitcoin anymore
