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Comment Re:*POP* (Score 1) 312

Of course I meant "worth" as in "current cash-out value." The OP was suggesting mining only when the cash-out value is high enough, but that could only even possibly work if they cash out IMMEDIATELY upon getting any amount of coin. Otherwise, they risk holding on to their funbux based on the assumption that they can cash them out at X amount, and then X suddenly drops well below their "we shouldn't have been mining" threshold, which is incidentally calculated in USD because that's what the power company et al. takes, having no interest whatsoever in a highly volatile, deflationary currency.

Bitcoin is, quite literally, a ponzi scheme. The only way to win is not to play.

Comment Re:Very VERY stupid idea... (Score 1) 233

No, you flat out dismissed it simply because it hasn't happened yet. If people flat out dismissed interesting new developments--as you did, in your own words--just because they were in the very earliest stages, then the Apollo missions never would have happened because they were as insignificant as an extra speck of dust on your desk.

Getting things like this done requires people getting excited about it before it happens.

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