Nostr Web Client

Why would it go poof ? Banning asics is far easier than banning all cpu's .

Bitcoin has had a decade to get easier to use and become more private. It's become less private, or best case not more private.

Paul 2y ago

Try banning ₿itcoin? That’s basically a joke now.

Reply to this note

Please Login to reply.

Discussion

Cyber Seagull 2y ago

Not bitcoin, but asics that secure all that hashpower you were throwing around.

Consider the ongoing environmental policy attack on bitcoin right now. All it would have to do is taget ASIC manufacturers and tax at that level, or imports of specialized equipment like asics. This is not replicatable for cpus.

Paul 2y ago

The difficulty adjustment will adjust. Hell, if we have to hash with pencil and paper, it will still work. 🤣😂

Cyber Seagull 2y ago

So if asics are successfully banned bitcoin just goes back to cpu's once the difficulty adjusts. I see, that could be.

Paul 2y ago

In theory, yes. That was just one of Satoshi’s genius moves.