Thread - Nostr Hypermedia

But they couldn’t control it. With the cost of rigs and energy that is real investment, not BS POS with printed coins. Then they are stuck, can’t stop or it would increase China’s block rewards. Only choice is to push forward and maintain the mining difficulty. You can’t destroy bitcoin and at this point you are invested, might as well embrace it and use the bitcoin you mined

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BTCapsule 🏴 btcapsule@nostr.report 3 years ago

Yes, I don’t worry about the government destroying Bitcoin, and price would not be a concern to a government that prints their own monopoly money. The investment is real to the richest of people, but the government doesn’t have to worry about cost. Mix this with Jason’s idea that mining rigs are a “weapon of mass mutual destruction”, and it could very well become a war-crime for individuals to mine Bitcoin.

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