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"The Economy" is Hell: On Overproduction and Crypto / Trevor Jackson

This Is Hell!

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The Future of Cryptocurrency

The computations needed to verify the chain of transactions would continually require more and more processing power. Theoretically, conceptually, you'd have to kill every computer in the network or like get everybody to stop running it. As long as I don't know a few people are running it, it still exists. But it's hard to kill deliberately. We're about to see whether an era of five, six percent interest rates kills it on its own.

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