@PearsonArtPhoto I don't get it. If it mines more than it costs, why do they require people to press the button? Why don't they just run all the machines themselves and keep everything?
Ah, so your point is that buying pizza with bitcoins makes about as much sense as with stocks or real estate and instead you should keep using regular money for buying stuff.
There seem to be a lot of people who really want to use bitcoins as money though.
@nwp I agree, and it was the original concept. Nowadays if I'm buying a house for 10 bitcoins, it's because the house owner acknowledges the value of those bitcoins and considers them good enough as payment. Or it's because I sold the 10 bitcoins for $150,000 first and pay them that, and I'm just using "I bought this house with ten bitcoins" as a shortcut in my storytelling of the event.
One thing bitcoin makes me appreciate is the amount of effort that goes into making sure the currencies we use day-to-day are actually viable means of paying for things and being paid.
@PearsonArtPhoto yes, kind of looks like pyramid scheme to me. Not sure though.
ponzis are common in the cryptoworld
@Tyyppi_77 I might be able to
I studied E&M at graduate level
but that was around 1997
user92578
So I have a particle that's moving in the electric field of a uniformly charged cylinder, and I know two speeds of that particle at two distances from the center of the cylinder
user92578
And I'd need to figure out the charge per unit length of the cylinder
user92578
I've been going at this for a while now, haven't really gotten anywhere
@DukaZhou after some long thought, I decided to make "Into the Dark Dungeon" a 3D game instead with actual design instead of random terrain (still will include features we discussed and a large world!)
it's a way to encourage people to run the nodes to keep the network functioning, and is more "equitable" way of distributing new coins than just brute hashing power.