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Also, HN inexplicably hates Bitcoin. Also why this comment will be removed.
by kylebenzle 6y ago
Also, HN inexplicably hates Bitcoin. Also why this comment will be removed.
- labster 6y agoIf you'd like me to explain why I hate Bitcoin, look no further than the Bitcoin Energy Consumption Index[0], which currently has Bitcoin using the same energy consumption as the nation of Chile. It provides less utility than a credit card, all while using 779092 times the energy needed per transaction. I don't think it's inexplicable that we hate an ongoing environmental disaster. [0]: https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption
- javert 6y agoSaying bitcoin provides less utility than a credit card is missing the point the bitcoin people are making. You can still hold that bitcoin is bad, but that particular argument is not viable and comes from ignoring what the other side is saying.
- ahallock 6y agoYou're not wrong. HN seems heavily biased against anything crypto. With Paypal, Square, MicroStrategy, and even JPMorgan adpoting/investing in Bitcoin, I think it's becoming legitimate.