Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
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Cute but wrong. The "point" of my tweet is to illustrate the fundamentally ridiculous inefficiency of Bitcoin, regardless of its merits. Your tweet misinterprets the comparison as an equivalent solution. Making assumptions instead of seeking clarification is bad engineering.
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Independently verifiable distributed ledger is an interesting technical concept. Blockchain as a business is a Ponzi scheme, with technology to bamboozle the unsuspecting.
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Yes. But even independently verifiable distributed ledger are overrated, as you have to dig hard to find a use case where it is necessary, and wait for a long time before the man in the street trust it. And the law recognizes it
End of conversation
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