That still happens in Bitcoin but we now burn it @OKCoin
Validity by fire: “If any suspect the goodness of [a silver wire "larin"] it is the Custom to burn the Money in a fire red hot, and so put it in water; and if it be not then purely white it is not Currant Money.” https://unenumerated.blogspot.com/2017/03/collecting-metal-inner-and-outer-worlds.html …pic.twitter.com/WFTQKAuScH
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ooh! I now see where you got your proof-of-work idea
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Explains ritual of Charon's obol.
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Awesome article. Thanks for sharing this.
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Thought exercise, really interested in your view: What chance bitcoin will be something that is nostalgically auctioned off to collectors in 100 years time, the same way an original Continental Currency note is today?
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