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Reading this sounds like a cult. Outside of politics, I don't think I've experienced so much groupthink and unreasoned responses as I have w.r.t Bitcoin. And i
by BoiledCabbage 9y ago
Reading this sounds like a cult. Outside of politics, I don't think I've experienced so much groupthink and unreasoned responses as I have w.r.t Bitcoin.
And it seems like anytime it's challenged or perceived as threatened it's almost a copy paste of the exact same content as above completely ignoring the original poster's comments.
Crypto or distributed banking may be a useful concept, but Bitcoin is horrible to the world. Energy is one of the single most important and fundamental resources. To get really theoretical this hold from the cellular level all the way up to societal. We are burning and trashing a significant portuon of society's energy to run a simplistic financial network. And this percentage will only grow, and it's built into the system that it must be wasted.
Bitcoin is our first planet level grey goo, and we're somehow still arguing about it. 30% of our planet's energy cannot go to running a simple financial network, it's ludicrous.
Other than governments stepping in and banning it, what will prevent that?