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Re: Using supercomputers for crypto-coin mining

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From Huge <Huge@nowhere.much.invalid>
Newsgroups comp.misc
Subject Re: Using supercomputers for crypto-coin mining
Date 23 Feb 2014 09:33:55 GMT
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On 2014-02-22, Marko Rauhamaa <marko@pacujo.net> wrote:
> Marek Novotny <mach2@hushmail.com>:
>
>> On Sat, 22 Feb 2014 21:55:37 +0200, Marko Rauhamaa wrote:
>>> The national currencies have solid, real value: taxes are collected in
>>> them. You must come by a designated amount every year or you'll land in
>>> prison for tax evasion.
>>
>> The zinc in the penny is worth less than a penny. The paper used to
>> print your $1 note has the same value as one with many zeros behind
>> it. Gold, Silver, diamonds, crude oil, sugar, cattle, wood, etc all
>> have tangible value. A fiat currency has value as long as someone
>> "thinks" it does.
>
> I just told you the "fiat" currency is much more well-founded than you
> think. 

No, you asserted it without proof.

-- 
Today is Prickle-Prickle, the 54th day of Chaos in the YOLD 3180
"Mistake Not My Current State Of Joshing Gentle Peevishness For The
Awesome And Terrible Majesty Of The Towering Seas Of Ire That Are
Themselves The Milquetoast Shallows Fringing My Vast Oceans Of Wrath"

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Thread

Using supercomputers for crypto-coin mining wjwlsn <ibillwilson@gmail.com> - 2014-02-22 01:23 +0000
  Re: Using supercomputers for crypto-coin mining RS Wood <rsw@therandymon.com> - 2014-02-22 12:09 +0000
    Re: Using supercomputers for crypto-coin mining Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-02-22 17:44 +0000
      Re: Using supercomputers for crypto-coin mining Marek Novotny <mach2@hushmail.com> - 2014-02-22 12:34 -0600
        Re: Using supercomputers for crypto-coin mining Marko Rauhamaa <marko@pacujo.net> - 2014-02-22 21:55 +0200
          Re: Using supercomputers for crypto-coin mining Marek Novotny <mach2@hushmail.com> - 2014-02-22 14:26 -0600
            Re: Using supercomputers for crypto-coin mining Marko Rauhamaa <marko@pacujo.net> - 2014-02-23 00:16 +0200
              Re: Using supercomputers for crypto-coin mining Marek Novotny <mach2@hushmail.com> - 2014-02-22 16:49 -0600
              Re: Using supercomputers for crypto-coin mining Huge <Huge@nowhere.much.invalid> - 2014-02-23 09:33 +0000
                Re: Using supercomputers for crypto-coin mining Marko Rauhamaa <marko@pacujo.net> - 2014-02-23 12:54 +0200
          Re: Using supercomputers for crypto-coin mining Huge <Huge@nowhere.much.invalid> - 2014-02-23 09:33 +0000
            Re: Using supercomputers for crypto-coin mining Dave Garland <dave.garland@wizinfo.com> - 2014-02-23 16:46 -0600
              Re: Using supercomputers for crypto-coin mining Huge <Huge@nowhere.much.invalid> - 2014-02-23 23:21 +0000
                Re: Using supercomputers for crypto-coin mining Marko Rauhamaa <marko@pacujo.net> - 2014-02-24 02:00 +0200
        Re: Using supercomputers for crypto-coin mining Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-02-22 22:14 +0000
        Re: Using supercomputers for crypto-coin mining Huge <Huge@nowhere.much.invalid> - 2014-02-23 09:31 +0000
    Re: Using supercomputers for crypto-coin mining wjwlsn <ibillwilson@gmail.com> - 2014-02-22 17:02 +0000
      Re: Using supercomputers for crypto-coin mining "tdk" <forum.tdk@squte.com> - 2014-02-22 16:38 +0000
      Re: Using supercomputers for crypto-coin mining Aragorn <thorongil@telenet.be.invalid> - 2014-02-23 12:23 +0100
      Re: Using supercomputers for crypto-coin mining Spalls Hurgenson <spallshurgenson@gmail.com> - 2014-02-23 10:38 -0500

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