Re: [math-fun] digital money
Would the people posting about Bitcoins please learn something about them first? For instance the computation necessary to produce one scales with how much computer power is being used to produce them, so they can't be inflated away by any increase in computing power. The simplistic labor theory of value is part of Marxism. Nobody but Communists has taken it seriously in more than a century. Plenty of things other than labor are of great value, and plenty of labor is of no value or even of negative value. And please learn how to quote correctly. Much of the time I can't figure out who is saying what. Today, someone quoted an *entire digest* at the *bottom* of his post, and them someone else replied to him, quoting his entire message, including his quoting of that entire digest *again*. The purpose of quoting is to establish context, so that you don't have to paraphrase. A good rule of thumb is to never quote more than you'd be willing to type if automatic quoting wasn't available. And always quote it *above* your reply to that paragraph, since English is read top to bottom, not bottom to top. Use angle brackets to indicate quoted text. And read your whole post before sending it, to make sure you're not doing something you don't intend to. Thanks.
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Keith F. Lynch