i think you are confused about what bitcoin is and what it isn't.
bitcoin is a currency, it is NOT a charity to give away free money to the poor. it is not supposed to create "free" or easy ways of anybody to mine it and earn bitcoin. you have to do "hard work" to earn bitcoin and the more valuable it gets the more work you have to do. and that work is increasing by difficulty and is the computing power you spend with your device. whether that device is a GPU or an ASIC is not going to make a difference. ASIC is not some evil creation it is just like CPU, GPU,... but it is re purposed to do only one special thing in an efficient way.
agreed - I love my ASIC's my prior comments are simply to point out that the only way to make it easier for those that cannot afford ASIC's would be to do hard forks on a regular basis making ASIC's less viable and gpu's more viable
I doubt that will ever happen and I hope to keep on mining and eventually get even more ASIC's
I am not confused about what btc is, considering I have never bought any with fiat, or sold any for any fiat. Which contradicts the entire first sentence of the white paper three times if you use a exchange, which I am sure you have done.
It is peer to peer electronic-cash done with cryptography. The entire point of it, is to become a stand alone medium of a exchange, not a stock.
Yes, Fiat, USD/CAD/YEN/EURO are financial institutions.
https://bitcoin.org/bitcoin.pdf the first sentence is 3x oxymoroned, the second you trade bitcoin for fiat on a exchange. You use 2 financial institutions and you are no longer p2p.
Anyways this will never happen until the general public holds most of the coins, it will not be the medium of exchange. This will never happen with how distribution is being done nowadays, before anyone could mine, now only the top asic pools can really mine it, even if the general public could mine, most of them don`t have a laptop or a computer, in which case my idea solves this, They just need a address, Which can be issued by a public computer.
Believe or not, the best thing that could happen to btc right now, is for the price to crash hard, and give more general public a chance to get in.
Otherwise they will be using something else, mark my words. Walk down the street tomorrow, and ask random people if they know what bitcoin is, lol you might get 1 out of 1000 here in Toronto, which is a pretty tech savy city us cunucks we have nothing else to do in winter, out of that 1/1000 you might get .000001 that hold any amount of bitcoin.
lol "hard work" being a bitcoin miner, come work on my fruit farm buddy, Learn what real work is. Us farmers are the only people who can delete the debt as we can create something from nothing, that has real world use, keeping people alive, creating more creations that can create at the cost of our own lifespan. Well I guess I should just turn all my fruit farms into bitcoin mining farms, and fuck people and their food supply needs.
lol
https://youtu.be/K8kua5B5K3I?t=450 "hard work" playing path of exile.
Hard work, makes you blood, sweat and tears spill onto the land bud. Not play fucking video games, while you afk farm currency, well I guess your not afk you are playing games and sleeping at "work", which is a job btw, not work and far from hard work.
