> it's so stupid and nefarious... why wouldn't you just say "guessing large numbers" or something muuuuuch simpler?

Obviously to make it sound cooler than it actually is.

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> > To the extent that progressives don't believe in private property, this is accurate.
> 
> Say more...?


I mean, bitcoin is about radical private property... unconfiscable, immutable, uninflatable... taking the power out of the hands of the PUBLIC.  leftists hate that.

> I have same pet peeve.  When people say that bitcoin mining is like solving mathematical puzzles... it gives a false impression.  It's honestly just really really fast guess and check.

it's so stupid and nefarious... why wouldn't you just say "guessing large numbers" or something muuuuuch simpler?

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> To the extent that progressives don't believe in private property, this is accurate.

Say more...?

denlillaapan

“‘Mining’ has negative connotation to the public… What’s your value-add for society?” -Aoife Foley, University of Manchester

Good question that we should have a good answer for.  My default is to talk about the host of social problems brought about by fiat money, and then say bitcoin is a potential solution.

“My biggest pet peeve is that there is no ‘complex mathematical problem’ in Bitcoin mining” -Jesse Pielke, HashrateUp

I have same pet peeve.  When people say that bitcoin mining is like solving mathematical puzzles... it gives a false impression.  It's honestly just really really fast guess and check.

“Who is mismanaging the energy market so badly that I’m paying these high prices?” -Julie Landrum, OpenNode

Bitcoin mining is “God’s gift to utility operators,” -Mark Artymko, Ocean

I suppose for the climate doomers who think that any energy use at all is bad, this isn't really convincing.

Trey Walsh reflects on the struggles of running TPB, “The Progressive Bitcoiner” — an organization without an audience, since Bitcoin isn’t naturally, organically progressive nor intellectually consistent with progressivism (unless you redefine the terms, motte-and-bailey-style). Both sad and glad to see them go (or not??)

To the extent that progressives don't believe in private property, this is accurate.

BooksAndArticles

econ

The Nordic Node 10.5: BTCHEL Week Is Upon Us, and We’re Painting Europe Orange

Nice quotes.  Some thoughts:

> “‘Mining’ has negative connotation to the public… What’s your value-add for society?” -Aoife Foley, University of Manchester

Good question that we should have a good answer for.  My default is to talk about the host of social problems brought about by fiat money, and then say bitcoin is a potential solution.

> “My biggest pet peeve is that there is no ‘complex mathematical problem’ in Bitcoin mining” -Jesse Pielke, HashrateUp

I have same pet peeve.  When people say that bitcoin mining is like solving mathematical puzzles... it gives a false impression.  It's honestly just really really fast guess and check.

> “Who is mismanaging the energy market so badly that I’m paying these high prices?” -Julie Landrum, OpenNode

![](https://i.etsystatic.com/56907887/r/il/f80144/6638672918/il_fullxfull.6638672918_1fy4.jpg)

> Bitcoin mining is “God’s gift to utility operators,” -Mark Artymko, Ocean

I suppose for the climate doomers who think that any energy use at all is bad, this isn't really convincing.


> Trey Walsh reflects on the struggles of running TPB, “The Progressive Bitcoiner” — an organization without an audience, since Bitcoin isn’t naturally, organically progressive nor intellectually consistent with progressivism (unless you redefine the terms, motte-and-bailey-style). Both sad and glad to see them go (or not??)

To the extent that progressives don't believe in private property, this is accurate.