I just... do not understand how smart, even _brilliant_ people, the sort of people who know enough to make something like this, can look at Bitcoin... the waste, the way it has utterly failed to achieve what it set out to do[1], everything, and thinks, I know, I want to do that, but instead of blowing up the market for GPUs it'll be SSDs. Why? To get rich? It even seems doubtful to me that the people who developed Chia are the ones who'll make the money off it, if there is any to make.
[1] Who uses Bitcoin for peer-to-peer payments? And the cryptocurrency ecosystem as it exists right now, far from allowing people to transact without third parties, is driving a cambrian explosion in third parties, because most people are incapable of transacting Bitcoin themselves.
[1] Who uses Bitcoin for peer-to-peer payments? And the cryptocurrency ecosystem as it exists right now, far from allowing people to transact without third parties, is driving a cambrian explosion in third parties, because most people are incapable of transacting Bitcoin themselves.