@stratechery Your BitCoint article is good; misses important point: custom ASICs now dominate mining and distributed incentive doesn't hold.
@AmbientLion what if everyone has ASICs? Are Bitcoins released more quickly?
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@monkbent ASICs are expensive which becomes a barrier to entry undermining BitCoin's security which depends on diffusion of computing power.Thanks. Twitter will use this to make your timeline better. UndoUndo
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