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Professor doesn't understand the difficulty adjustment. Probably never even looked in to it l.curry.com/fze

@adam eg, the deterministic inflation rate of 10,000 Dogecoin per block, is a guaranteed failure of the project due to inability to harness... Let's call it "maximum system Torque..."

@adam
First he says that prospecting for gold involved grisly, hysterical, pickaxes, digging, the wearing appalling hats, standing in rivers, massacring Indigenous people.

Then he says that bitcoin prospecting is a genteel armchair activity involving computers.

And then somehow he concludes "So you can understand why bitcoin mining looks a bit like a contemporary version of what happened in California in the 1840s"

All I can say is those two things don't look anything a like.

@harvhat @adam the author states that the current block reward is 6.3 BTC. About $1,400 moar than the correct value of 6.25 BTC. Also: pi is exactly 3.

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