Lets talk bitcoin ethereum crypto
All the talk about the market deciding things.. People decide things, it becomes apparent through the market. I mean, if you look at the market for your decision, that is circular. It is simply about what is fair, how much you feel Ethereum pushing development of contract is necessary, and how much you trust us. Needless to say, i have doubts about Schellingcoin in many cases. About the fairness, well what did the early miners do to deserve it?
It isnt necessarily fairer. The 'division of labour' idea of mining seems silly.. Anything to decrease division of labour is better, only if it increases the chance of breakage can it be worse. I like Stephanie's points on how she is skeptical because "they are going into conferences and promising they'll change the whole fabric of society".
Yes, it oversells the hip,e, but in the other hand, isn't the best evangelists those who believe deeply in the project?
It's unfortunate that there's this entrenched idea on the crypto community that mining is somehow the only fair way to distribute a currency, that the only way to compensate early adopters is by exponential valorisation of the coin and that paying for any other kind of work is scam.
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