>5. Chinese techies are used to spending an ungodly amount of time mining virtual coins in online games.
It's like he doesn't even know how Bitcoins work.
It's like he doesn't even know how Bitcoins work.
If you take a break from thinking like a crypto-economic-engineer and look at btc mining from the pov of your average consumer, the biggest difference between btc mining and gold farming is that btc has automated the human player out of the game. From the outside, it looks a lot like farming for gold in Progress Quest.