Michael Long
Feb 23, 2022

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Nice copy/paste response. All your "processing power" argument boils down to is that someone somewhere used some electricity to crunch some meaningless numbers... and that electricity is now gone.

I generated 100 cat memes on my computer last night. The only difference between the bits on my machine and the bits on some other machine is that a lot of people have spent a lot of time and energy convincing people that their bits have some sort of magical intrinsic value.

If you "invest" your money in crypto, the only way you're gone to get it back out is to convince other people that your Ponzi scheme is real such that they'll pay more for your bits.

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Michael Long
Michael Long

Written by Michael Long

I write about Apple, Swift, and SwiftUI in particular, and technology in general. I'm also a Lead iOS Engineer at InRhythm, a modern digital consulting firm.

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