Bitcoin: worth the electrons it's printed on?

I recall reading even before I had any interest in Bitcoin or Bitcoin mining that the cost of electricity was probably higher than the yield one could get by mining. So I never expected to set up a mining operation on my personal computer and get rich quick. I did what I recommend anyone do if they are interested in getting to know how Bitcoin works: I set up a mining operation to learn.

Leach

To dissipate or distill by percolation.

Mr Lanier strikes again.

When I came across the sentence, «The strangeness is being leached away by the mush-making process» in You Are Not A Gadget I thought at first that I’d stumbled across a typo that had escaped the editor’s eye. I expected that he meant leeched as in, sucked away as though by a parasite. While this would have made enough sense, Lanier’s choice indeed seems more appropriate.

eschatology

The area of knowledge about death

Another one found in Jaron Lanier’s You Are Not A Gadget. Lanier is earning points with me for teaching me words. This one in particular I am surprised not to have encountered before, as it is a field of great interest to me. I suppose the matter is probably of great interest to everyone, but even so.

Court decrees: obeying the law not suspicious

See Lowering the Bar, one of my absolute favorite blogs.

I’ve often wondered if one could be pulled over for driving at or under the speed limit. After all, everyone drives a little faster than the speed limit. The only reason to drive under the speed limit would be to avoid being pulled over by the police. And the only people who want to avoid being pulled over by the police are… criminals. Right?

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