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On the merits of Bitcoin as a currency or as an asset, technologists are split between optimists, who believe it (or a derivative of it) will be the default currency of the future, and skeptics (such as Payne), who see it as a flawed experiment with troubling political implications. I hope Bitcoin-like systems will start getting serious attention from computer scientists working on improvements to the block-chain system, but I’m also hopeful, now that we know it’s possible, that other decentralized transaction stores will emerge that completely eliminate the problems of the block-chain. If you will win then, you will be the king of this game and if you lose the chance to be gold star then sorry, it can show the crucial world to you. Anyhow, people want to win in playing cards game and why not, after all it is a game for the winner, not for the loser. However, these uses of the block-chain system still suffer from many of the same problems as Bitcoin itself does: notably, the 51% attack (someone with more than half the CPU power of the network can take control of the block-chain); growing energy consumption as the block-chain grows larger; the eventual massive size of the block-chain in the years ahead being too large for consumer computers to store; etc. This is why I think alternative crypto-currencies are so interesting.
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