Value is defined on tangible trade, aka worth, not simply bcz some one believes an exchange can be negotiated based on labor. You don't pay for spoiled milk. You don't pay a mechanic for an unfixed engine bcz he looked and tried.
Did you read see the part where I said earlier where I could see a scenario where Bitcoin could drop 90% in value. I'd hardly characterize that perspective as a gambling addiction. Your comments are out of touch and don't add anything of value to the conversation.
The value of an individual mining reward is very small relative to all extant bitcoins. When you mine often enough, the value of your reward is rightly comparable to the amount of work you've done, all the goal and nongoal calculations averaged together. If Bitcoin rewarded lucky stiffs unduly it'd be unfair, but it's proven rigorously that it doesn't, it rewards committed laborers.
Authors get paid for the thousands of hours of writing, not just for the time it takes an uneducated typist to copy out the final text.
Value is defined on tangible trade, aka worth, not simply bcz some one believes an exchange can be negotiated based on labor. You don't pay for spoiled milk. You don't pay a mechanic for an unfixed engine bcz he looked and tried.
I don't often see someone get as much wrong in a comment to the extent you just did.
Labor is an in important factor in goods and services and exchanges and are frequently negotiated on just that -- labor.
I do, it's called cheese.
You clearly haven't dealt much with mechanics.
https://www.reddit.com/r/MechanicAdvice/comments/bpxsxt/do_you_still_pay_a_mechanic_even_if_they_didnt/
Keep coping about your gambling addiction, right up until you either see it was a scam to condition you to digital or the power goes off and you kys
Did you read see the part where I said earlier where I could see a scenario where Bitcoin could drop 90% in value. I'd hardly characterize that perspective as a gambling addiction. Your comments are out of touch and don't add anything of value to the conversation.
The value of an individual mining reward is very small relative to all extant bitcoins. When you mine often enough, the value of your reward is rightly comparable to the amount of work you've done, all the goal and nongoal calculations averaged together. If Bitcoin rewarded lucky stiffs unduly it'd be unfair, but it's proven rigorously that it doesn't, it rewards committed laborers.
Authors get paid for the thousands of hours of writing, not just for the time it takes an uneducated typist to copy out the final text.