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CEO Media3 Labs | MBA | Ex-Samsung | Ex-HP | Bitcoin Maximus since 2017 | 🇺🇸

Here is some more #photography.

This one is from a restaurant in Sloatsburg, NY.

Thanks #nostr nation!

This is a #photograph I took in my backyard. The sun is trying to breakthrough.

Thanks #nostr nation!

Chat, what are Bitcoin rights?

Yeah, but that’s rephrasing what I said and focusing on an input. The energy consumed is one of many inputs that make it profitable to mine it at the current rate (2%). This is similar to how processors are fast as they are right now: that’s how fast they can get them while keeping them cool and energy efficient where people would pay for them.

Either way, whatever you want to focus on the result and implication is the same. Gold is not only not a finite asset but its mining isn’t even as predictable as Bitcoin’s.

Replying to Avatar walker

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Sold me on Swiss-engineered

OK, I see what is going on and the person Lex is talking to is using the wrong terminology.

Ethereum isn’t a token. It’s a network. Its super power is programmability.

The network has MANY tokens and one of those tokens is Ether (commonly abbreviated as ETH), and that’s the gas token. It’s used to execute to smart contracts. It’s not scarce, and I don’t know too many people who view it as an investment at this point. You have it to pay for gas (transaction fees).

“Please blow our minds, what’s something profound that we are missing out on by ignoring Ethereum?”

Let’s take a step back. Why would someone ignore Ethereum?

Compostable smart contracts.

They’re not mutually exclusive or competitive. Kind of like how a house needs both doors and windows. 😉