Viewing profile — throwaway392321

> No, that is obviously not the only kind of value you can have. That is one. I am saying bitcoin has none of them. Please elucidate me on the "kind of value" that cash or cash set…

> I mean, it can't? The "price" is literally defined as the price of the latest trade. Check out how an order book works: https://en.wikipedia.org/wiki/Order_book . I'm referring t…

> Cryptocurrency trading is not the same as a regular market. Could you substantiate what you see here with a concrete difference? Particularly in terms of my argument that an asse…

Markets are not zero sum in aggregate. Every trade is zero sum-- a buyer has to be matched with a seller at a price. However, the price of an asset can move without any trades. You…

> 2. an incredible amount of additional energy is being generated at point B for no reason 1) Why would the amount of energy at point B be "incredible"? It would be proportional to…

> Here’s a question for you. Which makes more BTC: (1) the world today, (2) an alternate reality where the mining algorithm is the same but it’s being run on Matryoshka brains enve…