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“Bitcoin uses more electricity per transaction than any other method known to mankind, and so it’s not a great climate thing” That's the sole actual quote attr

by mekoka 6y ago

“Bitcoin uses more electricity per transaction than any other method known to mankind, and so it’s not a great climate thing” That's the sole actual quote attributed to Bill Gates in that article (which doesn't even link to any source). The rest is the author conflating their thoughts with Bill Gates's.

tyrust 6y ago
It's truly a pointless article, but that hasn't stopped tens of people from spitting out the same arguments about bitcoin that you see in every HN thread.
- deleted 6y ago
  [deleted]
- abriosi 6y ago
  STEMlord's and mad they missed the train once more
brauhaus 6y ago
This is the only comment that matters. This article is merely an opinion piece with a factually fake click bate-y headline, aimed to rile people up instead of inspiring thoughtful conversation. It's one of those article we point to when we complain about the media's lack of credibility.
fredfoobar 6y ago
The "electricity per transaction" idea they have in mind is so flawed, I don't even know where to begin. I just don't understand this burning hatred towards something like bitcoin. People attribute "greed" to the rise of bitcoin's usage, is that supposed to be a moral high road they're taking by avoiding "greed"? People love woke-shaming people into not doing something. Isn't this problem of "greed" going to be present in every system that needs to be bootstrapped from the scratch?
xtracto 6y ago
I wish people would differentiate between Bitcoin and Cryptocurrencies: Yeah, Bitcoin is crappy and way inefficient in different aspects. Anyone who knows a bit about Cryptocurrencies knows about it. At this stage, it is like in the late 90s when people said that "The internet was very unsafe" because Internet Explorer 4/5 were crappy insecure. Yeah, everybody with the least amount of computer knowledge knew how crappy Explorer was.

by mekoka 6y ago

tyrust 6y ago

It's truly a pointless article, but that hasn't stopped tens of people from spitting out the same arguments about bitcoin that you see in every HN thread.

deleted 6y ago
[deleted]
abriosi 6y ago
STEMlord's and mad they missed the train once more

brauhaus 6y ago

This is the only comment that matters. This article is merely an opinion piece with a factually fake click bate-y headline, aimed to rile people up instead of inspiring thoughtful conversation. It's one of those article we point to when we complain about the media's lack of credibility.

fredfoobar 6y ago

The "electricity per transaction" idea they have in mind is so flawed, I don't even know where to begin. I just don't understand this burning hatred towards something like bitcoin. People attribute "greed" to the rise of bitcoin's usage, is that supposed to be a moral high road they're taking by avoiding "greed"? People love woke-shaming people into not doing something. Isn't this problem of "greed" going to be present in every system that needs to be bootstrapped from the scratch?

xtracto 6y ago

I wish people would differentiate between Bitcoin and Cryptocurrencies: Yeah, Bitcoin is crappy and way inefficient in different aspects. Anyone who knows a bit about Cryptocurrencies knows about it. At this stage, it is like in the late 90s when people said that "The internet was very unsafe" because Internet Explorer 4/5 were crappy insecure. Yeah, everybody with the least amount of computer knowledge knew how crappy Explorer was.