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  • stimmystimstim [none/use name]
    ·
    3 years ago

    After reading into this it doesn't seem like there are any measures to stop datacenters destroying the currency. They talk about making home mining possible again blah blah blah, but you have people buying bulk 12tb hard drives to enter a market where someone with exabytes of storage can enter at any time and kill everything overnight.

      • gammison [none/use name]
        ·
        edit-2
        3 years ago

        People are not rational with cryptocurrency (or currency for that matter). The "good" ones even have game theoretic measures to try and stop speculation but they don't work because people are not rational about crypto currency. No one wants to even use it properly as a currency (which is already bad because we should just be moving away from currency in totality).