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Meanwhile, we out here obsessing about making money on BTC...

brakmic 9y ago
Same thoughts on my side. And we're mostly doing nothing to stop the growing catastrophe. And I am no exception to that, ...just to be honest.
chinathrow 9y ago
There are folks who on purpose do not participate in BTC because they know the energy consumption is wrong. Go tell people about it and they might get it.
- noir_lord 9y ago
  I don't participate in BTC because I find the whole thing hilarious. Between it's inability to work as a payment method at scale (transactions per minute), exchanges running off with client bitcoins, exchanges getting broken into constantly and the shady way it's handled when that happens and on and on. I'm not saying the idea is fundamentally useless (clearly) but the implementation is terrible. I might be wrong and in 20 years I'll be getting paid in BTC but I'd bet that isn't the case.
- knownothing 9y ago
  And they make their snide observations from where? That's right, their computers. How much energy is spent consuming and deliving Facebook? Or iOS games?
  - Jill_the_Pill 9y ago
    Depends where their electricity is coming from, doesn't it?
  - chinathrow 9y ago
    There is indeed a lot of engery spent elsewhere - your comment is pure whataboutism though. A single Bitcoin transaction currently use as much engery as energy spent in a single home for days.
- cyberpunk0 9y ago
  What a pathetic argument. Do you realize how much energy is used to maintain existing computers systems used by banks for all their fake fiat currency?
  - chinathrow 9y ago
    Again - pure whataboutism here. https://en.wikipedia.org/wiki/Whataboutism https://en.wikipedia.org/wiki/Whataboutism There are multiple reports now out detailing and comparing energy use of traditional transactional fiat money vs. the new schemes
- deleted 9y ago
  [deleted]
refurb 9y ago
There will always be terrible things happening in the world. That doesn't mean we should only work on those problems at the expense of everything else.
- QAPereo 9y ago
  That’s just an empty sop to a blistered conscience.
awinder 9y ago
Given that bitcoin can be boiled down to essentially a Chinese energy index, these two things are not unrelated.

Same thoughts on my side. And we're mostly doing nothing to stop the growing catastrophe. And I am no exception to that, ...just to be honest.

chinathrow 9y ago

There are folks who on purpose do not participate in BTC because they know the energy consumption is wrong. Go tell people about it and they might get it.

noir_lord 9y ago
I don't participate in BTC because I find the whole thing hilarious. Between it's inability to work as a payment method at scale (transactions per minute), exchanges running off with client bitcoins, exchanges getting broken into constantly and the shady way it's handled when that happens and on and on. I'm not saying the idea is fundamentally useless (clearly) but the implementation is terrible. I might be wrong and in 20 years I'll be getting paid in BTC but I'd bet that isn't the case.
knownothing 9y ago
And they make their snide observations from where? That's right, their computers. How much energy is spent consuming and deliving Facebook? Or iOS games?
- Jill_the_Pill 9y ago
  Depends where their electricity is coming from, doesn't it?
- chinathrow 9y ago
  There is indeed a lot of engery spent elsewhere - your comment is pure whataboutism though. A single Bitcoin transaction currently use as much engery as energy spent in a single home for days.
cyberpunk0 9y ago
What a pathetic argument. Do you realize how much energy is used to maintain existing computers systems used by banks for all their fake fiat currency?
- chinathrow 9y ago
  Again - pure whataboutism here. https://en.wikipedia.org/wiki/Whataboutism https://en.wikipedia.org/wiki/Whataboutism There are multiple reports now out detailing and comparing energy use of traditional transactional fiat money vs. the new schemes
deleted 9y ago
[deleted]

refurb 9y ago

There will always be terrible things happening in the world. That doesn't mean we should only work on those problems at the expense of everything else.

QAPereo 9y ago
That’s just an empty sop to a blistered conscience.

awinder 9y ago

Given that bitcoin can be boiled down to essentially a Chinese energy index, these two things are not unrelated.