Nor does Bitcoin. In both cases mining is expensive, energy intensive, and driven by self-interest.
Nor does Bitcoin. In both cases mining is expensive, energy intensive, and driven by self-interest.
.....which is pretty much the ideal scenario for success.
.....which is pretty much the ideal scenario for success.
Mining and transactions are one thing that's costly and requires a big infrastructure. I can trade gold with someone without much energy.
Mining and transactions are one thing that's costly and requires a big infrastructure. I can trade gold with someone without much energy.
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