I think it's a spyop. The whole concept of a permanent log record on the internet in a block on the blockchain that indexes them does not make sense. Companies don't even keep sales records forever eventually they get rid of them why does the idea that a permanent transaction record is needed? What are we doing to a block when we "mine" it seems to me mining is computing software to decrypt encrypted information.

Maybe the "value" in mining is reading the decrypted data which theres no way to say there isn't a telemetry being read from running a pool for others to come in & mine. It could be a operator of a blockchain is using other peoples electricity & pcs for their own benefit with ai. That would be a grand scheme on a super scale call me crazy but why couldn't we do the same system without the mining process & a public ledger?

It seems to me like if people know a future currency not bitcoin it's just a point system with zero records only the 1% would be the first to put out there that it's worthless because theres no way to know how people are spending. Nobody should know how your spending whether you go to a deli, pharmacy, or sex shop.

Even if it's just an address, amount, & timestamp that's still more then enougj for ai to be used to track it down. What if we just had bitcoin's point system which seems to be decimals & once it hits a full number somehow it's gunna reset what do you think?