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So instead of saying "You're killing the planet to make a quick buck, hope you're proud of yourself" You say "BTC miners are killing the planet to make a quick buck"
Because then I could agree with you and we could move on with our day
They wouldn't be able to make that buck if you weren't lining up to hand it to them
My portfolio is less than 1% bitcoin that I got from Meghan Thee Stallion and CashApp cashback rewards
OK, so you've got maybe 10-15 million tons here. Where does that rank among the world's countries?
Bitcoin is in the top 30 in KWH despite the fact that it hasn't actually been adopted and most transactions happen off-chain.
Its half the amount of Bitcoin. But like I said earlier- bitcoin mining will stop. Money production wont.
I'm sure the miners that are getting rich off the insane bitcoin economy will just quietly toss their ASICs into the trash bin instead of figuring out a way to keep the grift going
If everyone stopped gambling on sports, would sports go away?
No but you're "Guessing Numbers"
OK, neat, how much emissions are my guessing numbers contributing to, compared to the internet token that you showed with your own math is burning twice as much as every credit card, coin, paper check, etc on the planet, and barely anyone even uses it yet
OK, neat, how much emissions are my guessing numbers contributing to, compared to the internet token that you showed with your own math is burning twice as much as every credit card, coin, paper check, etc on the planet, and barely anyone even uses it yet
OK, neat, how much emissions are my guessing numbers contributing to, compared to the internet token that you showed with your own math is burning twice as much as every credit card, coin, paper check, etc on the planet, and barely anyone even uses it yet
You're really not grasping the scale here
Let's come back to this in 15 years
Sorry, I'll have been conscripted to fight in the water wars by then
Weird hill to die on honestly. I prefer focusing my energy on the 1% actually causing the issues than the 99% just trying to ride the wave and scrape out a future...
Grimes just did her NFT drop on Nifty Gateway and made $5 million in 5 minutes.
I was on a Clubhouse room last night with Guy from Disclosure and they’re planning on doing one soon. Seems like a Napster / Spotify moment for the music industry.
Music artists that have done NFTs in the last week: - Ozuna - Grimes - The Knocks - Gramatik - 3LAU
The energy consumption of crypto is a legit concern from an environmental perspective and a crypto investor perspective. There have been many innovations that have convinced people in the past that transaction costs would be lowered (lightning chief among them), but it just hasn't happened yet, and it's still really expensive to transact with crypto. I checked on the cost to sell some of the ethereum I forgot I had and the transaction fee was like 10-15%
The energy consumption of crypto is a legit concern from an environmental perspective and a crypto investor perspective. There have been many innovations that have convinced people in the past that transaction costs would be lowered (lightning chief among them), but it just hasn't happened yet, and it's still really expensive to transact with crypto. I checked on the cost to sell some of the ethereum I forgot I had and the transaction fee was like 10-15%
Nano is completely free, idk about environmental impact though
The energy consumption of crypto is a legit concern from an environmental perspective and a crypto investor perspective. There have been many innovations that have convinced people in the past that transaction costs would be lowered (lightning chief among them), but it just hasn't happened yet, and it's still really expensive to transact with crypto. I checked on the cost to sell some of the ethereum I forgot I had and the transaction fee was like 10-15%
Nano is completely free, idk about environmental impact though
