11–20 of 377 posts
Reminder: when a corporation says “useful” they mean “profitable.” I’m not on the crypto bandwagon, I just want folks to take anything a corp says with a grain of salt.
You can just not use them. You almost certainly won't be presented with a case in your everyday life in which someone refuses your cash and only accepts Bitcoin.
Meanwhile, every day it becomes harder and harder to avoid using Visa or Mastercard as stores go cash free.
Explain this then? https://www.nvidia.com/en-us/cmp/
In Feb 2021 you could still just about be forgiven for thinking that hardware like that optimized for mining was a worthwhile market to be pursuing.
Who is "society"? Users of cryptocurrencies obviously find them useful, or hope they will be in future. The alternative to cryptocurrency and blockchain contracts are global alliances that make trading in dollars easy in all important markets and enforce contracts across jurisdictions. Billions of people who are not part of these alliances are left out and the rest are reliant on US/Europe remaining leading superpowe…
"Users of cryptocurrencies obviously find them useful, or hope they will be in future" Do they hope they'll be useful in the future because they think they're great technology that everyone should benefit from... or do they want them to be useful because they bought in early and want to get rich?
Explain this then? https://www.nvidia.com/en-us/cmp/
That is a pretty big mistake, completely changes what Nvidia said. We should be able to rate news sources from posts
And we are at a point where unproductive cpu mining is reaching irrelevance so this is kind of a mute point
The future could even be where cryptocurrency mining means making your graphics available for the network to train someone's AI model
If I sold shovels and meth users liked to dig swimming pools in their back yards at 3:00 am I might say my shovels weren't doing anything good for humanity, but I'd be happy to sell them shovels.
Explain this then? https://www.nvidia.com/en-us/cmp/
'Well, then why are you grazing your sheep on the commons? Checkmate.'
Who is "society"? Users of cryptocurrencies obviously find them useful, or hope they will be in future. The alternative to cryptocurrency and blockchain contracts are global alliances that make trading in dollars easy in all important markets and enforce contracts across jurisdictions. Billions of people who are not part of these alliances are left out and the rest are reliant on US/Europe remaining leading superpowe…
"Users of cryptocurrencies obviously find them useful, or hope they will be in future" Do they hope they'll be useful in the future because they think they're great technology that everyone should benefit from... or do they want them to be useful because they bought in early and want to get rich?