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It’s ok. The type of HN users who downvote comments like this do not offer anything. The downvote literally means nothing apart from their tribalistic “bitcoin
by mlthoughts2018 6y ago
It’s ok. The type of HN users who downvote comments like this do not offer anything. The downvote literally means nothing apart from their tribalistic “bitcoin bad” unfounded assertions. It’s very easy to not care.
Meanwhile, people in Venezuela who diverted some assets into bitcoin can actually transact for food or medicine at prices less volatile than the local fiat currency, even including high transaction fees and verification times. Things they can’t do with precious metals held by custodians that transact in the fiat currency, let alone the fiat itself.
But by all means, let’s hear some more specious “Bitcoin mining uses X amount of (largely renewable) energy and I personally happen to think X is too large for what I perceive to be no benefits” diatribes.