https://medium.com/ill-ixi-lli/-da9326e97d1f

Yesterday: 3500 views on my bitcoin essay… today… almost 5000 : )

“By crossing an invented computational abyss, millions of computers and other machines, many of which have been secretly compromised by hacks, are working full tilt, around the clock… to simply generate a deeper abyss requiring ever-more powerful and numerous computers to cross. And this generates ‘blocks’ in an economy of numbers in machines. These numbers are not exactly money, and their actual value is more complex than cash. And the machines must be serviced, cooled, attended and backed-up, as must the results of their nearly infinitely useless activity.”