Would Bitcoin be at 10 000$ if it was ASIC proof?

[eightspaces]

Without specialised hardware there is no commitment, miners run off after any stupid meme or fad that comes along.

When people invest millions into dedicated hardware it indicates they are more serious about actually securing a blockchain than when a bunch of gamers decide to leave their gaming rig running between game sessions to grab themselves some lunch money.

-MarkM-

Hi BCX

[iGotSpots]

Without specialised hardware there is no commitment, miners run off after any stupid meme or fad that comes along.

When people invest millions into dedicated hardware it indicates they are more serious about actually securing a blockchain than when a bunch of gamers decide to leave their gaming rig running between game sessions to grab themselves some lunch money.

-MarkM-

That's a good point, actually