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  1. clacke (clacke@social.heldscal.la)'s status on Sunday, 12-Nov-2017 21:10:47 EST clacke clacke
    > 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/
    In conversation Sunday, 12-Nov-2017 21:10:47 EST from social.heldscal.la permalink
    1. ay (ayy@gs.smuglo.li)'s status on Sunday, 12-Nov-2017 21:16:31 EST ay ay
      in reply to
      @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.
      In conversation Sunday, 12-Nov-2017 21:16:31 EST from gs.smuglo.li permalink
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