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> If this does in fact work, it will be a fun twist-ending to the long tradition of alchemy: we have finally turned tin into gold, not by physically creating gold, but by turning it into ASIC miners and convincing each other that its output should be valued as a gold-like commodity.
Nice.
https://paulbutler.org/archives/stop-dragging-hayek-into-bitcoin/
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@clacke People have managed to create literal gold to. It's just nuclear processes which are kinda understood. But it's too expensive to be worthwhile.