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234 sats \ 2 replies \ @freetx 5 Dec \ parent \ on: Hodlers: an apology bitcoin
because it’s trivial to duplicate the utility provided by said token, so any intrinsic worth comes from the sunk costs of infrastructure
...trivial to duplicate ...intrinsic value
What an embarrassing take from a mag that styles itself as the pinnacle of financial journalism. Like Econ 101 bad take....
And we’re sorry if you misunderstood our crypto cynicism to be a declaration of support for tradfi, because we hate that too.
NO wonder why MSM is collapsing. They literally have no audience they like. They like themselves, and like to read what they write.
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80 sats \ 0 replies \ @028559d218 5 Dec
The hashrate is literally... 757 Exahash. That's 757 billion billion hashes a second and it still takes 10 minutes to find the nonce
And that's trivial?? What planet are these people living on? You can memorize 12 words and have digital capital, in your head, to take anywhere that can't be confiscated, debased, or censored and that's 'trivial'?
And what other system can do this??
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10 sats \ 0 replies \ @denlillaapan 5 Dec
where's my navel-gazing GIFs at?!
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