I’ve done it (years ago). 4 managers fired in 8 months. I had to leave so I could do actual work. Seeing these Twitter reports is giving me flashbacks.
As an aside, the algorand layer-1 chain uses VDFs to select a validating set per block, weighting member selection by how much crypto each account owns. They call it Pure Proof of Stake. It definitely reduces the energy consumption and increases network throughput, of course with trade offs. See:
Best coffee in santa cruz IMO, also have an incredibly popular podcast https://catandcloud.com/pages/podcast . Their sister bakery "companion" has best croissants I've had outside of europe.
As related material that folks here might appreciate: Andrew Yang’s (founder of Venture for America) recent book “The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future” lays out a compelling argument for UBI, given the rise of automation and AI, as well as current economic and cultural shifts.
Yang is also running for president 2020 on a UBI platform, dubbed the freedom dividend.
He also did a Reddit AMA where he only answered the softball questions about UBI instead of how he would actually make it work. IMO, the guy is only running so he can sell more of his books.
Asteroid mining would disrupt the market for many rare elements, but I think it could be less chaotic than people think. It's not going to be like the Gold Rush where a deposit was found and prospectors flocked to it. It'll be a massive undertaking, almost certainly with multiple nations working together to achieve. The time between the project becoming public and the resulting mined resources being delivered would give markets time to settle on a price.
That said, yes, asteroids mining could certainly affect the price of gold, but not necessarily destroy all its value. There's a price floor set by the industrial applications for it.
With BitCoin, there is no floor. If no one wants to buy your BitCoins, you can't do anything else with them. They are just data representing proof of work, but no outside value.
Plus, in a world where you can mine asteroids for gold, suddenly there's potential for growth not only on Earth, but in the solar system at large, and there have to be industrial uses of gold on Mars...
Asteroid mining won't be able to significantly affect prices of gold downwell, definitely not until we bootstrap a real industrial presence in space - with the way we do space today, mission costs would eat up any profit you could make on shipping raw material down.
