SoftestSapphic@lemmy.world to 196@lemmy.world · 1 month agoPuritanical rulelemmy.worldexternal-linkmessage-square93fedilinkarrow-up11Karrow-down19
arrow-up1991arrow-down1external-linkPuritanical rulelemmy.worldSoftestSapphic@lemmy.world to 196@lemmy.world · 1 month agomessage-square93fedilink
minus-squareTheReturnOfPEB@reddthat.comlinkfedilinkEnglisharrow-up3arrow-down1·edit-21 month agoSelling bitcoin requires actually bribing miners to commit the sale. They call it “paying gas” … but it is a bribe. How is a bribe in an unregulated market better ?
minus-squareHalfSalesman@lemmy.worldlinkfedilinkEnglisharrow-up4·1 month agoThat sounds more like paying them rent. Bribes pertain to paying an authority to do something illegal. Its parasitic behavior and bad. Submitting to it is a lesser evil compared to letting puritanical authoritarians dictate and censor however IMO.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 month agoOne of the main benefits of difficulty adjustment is that it minimizes profits.
Selling bitcoin requires actually bribing miners to commit the sale.
They call it “paying gas” … but it is a bribe. How is a bribe in an unregulated market better ?
That sounds more like paying them rent. Bribes pertain to paying an authority to do something illegal.
Its parasitic behavior and bad. Submitting to it is a lesser evil compared to letting puritanical authoritarians dictate and censor however IMO.
One of the main benefits of difficulty adjustment is that it minimizes profits.