the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin. and that would be business savvy for the companies b/c that allows consumers to purchase other services and features. yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy
Meaning dumb users, who don't vote with their feet on pool centralization, meaning the mining is controlled by cartels and oligarchs as I stated.
right. bringing on over a billion new miners is somehow going to be centralizing. it won't matter if they're mining back to the device makers b/c there will be hundreds (?) of them either running their own pools (only takes a server) or farming it out to other pools, the # of which will proliferate to take up the new business resulting in decentralization.
How does the manufacturer get 75% as you said, if the user has the freedom to change which pool the device points to?
Whoops. Duh.
it's threats like this
I am not making a threat. I am making a guarantee. I rarely do this, because I hate vaporware and promising the future. But in this case, the outcome is so blatantly obvious, I can.
as to what you will do to punish us who believe in individual freedoms.
Your illogic leads you to fight against individual freedom. Thus you will destroy yourself. That is why it is easy to make a guarantee.
the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine. and this means at home where you'd have to pay for your own electricity. your reading comprehension failed to pick up the part about "portable" and "free".
Of course I didn't miss your point about
stealing or parasiting electricity from public venues. We have some insight into your ethics now. We can be fairly certain that the price of the lattes will be increased accordingly.
it's not my ethics we're assessing here and i don't advocate anything. it's what i think will happen based on my assessment of human behavior.
It would help if you had some actual experience instead of the Freudian slip of projecting your slimy ethics and incorrect economics on a reality that doesn't exist. I am here in the third world and charging is strictly not allowed unless you pay. And you will be charged more if there is a new class of phones that hogs electricity. My point is you always pay for what you get. You overpay in Starbucks $5 for a 20 cents drink, so you are not getting electricity for free.
you totally fail to grok this.
You don't grok that I grok all and including that you don't grok but think you do. This is known as the Dunning-Kruger effect.
the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine. and this means at home where you'd have to pay for your own electricity. your reading comprehension failed to pick up the part about "portable" and "free".
Your ignorance of the fact that smartphones have a USB port is pathetic.
wow, you are ignorant. you didn't get what i said, did you?
You think so don't ya? Did you entertain all the logical possibilities? How about the one where the USB port exists and if there was a market demand for mining on portable devices then the USB sticks would be made compatible with these ports.
Users sophisticated enough to mine will do it properly and not try to slime around and parasite a few watts here and there. You entirely don't understand marketing demographics, opportunity cost, economies-of-scale, and tsuris. You view people as dispensible, masochistic, unoptimizing, zombie robots in your vision of an army of religious/faithful nodes supporting your delusional greed masquerading in your mind as altruistic (lie!).
21 Inc isn't creating a market demand for independent mining. They are going to give some incentive discounts and 25% share hiding all the complexity of mining from these dumb users who have no demand for mining and then try to teach them to use their Bitcoins to buy ringtones and upsell crap in their walled garden model (a la iPhone and Apple App Store), while putting the mining on auto-pilot sending 75% to the cartels.
They understand these users are unsophisticated and need hand holding so they will sell them a walled garden ecosystem built around Bitcoin micropayments. Likely even moving these payments offchain to Coinbase or Circle.
Can you waste some more of my time please and clutter the thread with more of your nonsense?
