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Eugine_Nier comments on Private currency to generate funds for effective altruism - Less Wrong Discussion

1 Post author: Stefan_Schubert 14 February 2014 12:00AM

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Comment author: Eugine_Nier 15 February 2014 07:55:40AM -1 points [-]

ultimately it consumes a stock of resources equal to the net worth of your entire formal economy to no purpose whatsoever.

No, actually, bitcoins created early in the process were created cheaply since their value wasn't as high back then.