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Bitcoin mining is not complicated by issues related to computational math

It is defined using an example of a game of dice. Bitcoin mining and difficulty modifications are illustrated using a basic analogy of rolling a six-sided die.
Gordon Dickerson
Apr 21, 2021

Bitcoin mining is not complicated by issues related to computational math

Bitcoin mining is not complicated by issues related to computational math

It is defined using an example of a game of dice. Bitcoin mining and difficulty modifications are illustrated using a basic analogy of rolling a six-sided die.
It is defined using an example of a game of dice. Bitcoin mining and difficulty modifications are illustrated using a basic analogy of rolling a six-sided die.
Gordon Dickerson
Apr 21, 2021

There are 3 analyses that indicate that ETH could get to 8K by the end of the current period

There are 3 analyses that indicate that ETH could get to 8K by the end of the current period

At the start of the novel, John Percival says: "Yes, I'm an expert on 20th-century religious obscurantism. If it wasn't for the 1200s, someone would be happy to go home in bed and kiss the Lady-on-the-the-the-Slope instead of rushing out to find an obtuse victim to put an eye out."
At the start of the novel, John Percival says: "Yes, I'm an expert on 20th-century religious obscurantism. If it wasn't for the 1200s, someone would be happy to go home in bed and kiss the Lady-on-the-the-the-Slope instead of rushing out to find an obtuse victim to put an eye out."
James Pierce
Apr 20, 2021

A Ponzi scheme, but struggled as a currency and became a Bitcoin investment get-rich scheme

A Ponzi scheme, but struggled as a currency and became a Bitcoin investment get-rich scheme

While Bitcoin didn't work as a currency, an open-ended Ponzi game still holds potential. A currency is essential for profit; credit did not arise from central banking. Deflationary currency limits the amount that one can borrow.
While Bitcoin didn't work as a currency, an open-ended Ponzi game still holds potential. A currency is essential for profit; credit did not arise from central banking. Deflationary currency limits the amount that one can borrow.
Gordon Dickerson
Apr 20, 2021
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