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That doesn't address the point raised, that's just ad hominem. You could just as well say people that defend bitcoin are just holders enjoying the pumps, claimi
by ngokevin 6y ago
That doesn't address the point raised, that's just ad hominem. You could just as well say people that defend bitcoin are just holders enjoying the pumps, claiming decentralization is the reason they hold it versus a likely real reason: wanting personally get rich and multiply their investments.
- rfd4sgmk8u 6y agoBecause the point is not valid. Its not worth addressing for the 7th time. Once you tire of the arguments year after year, and they just repeat, on loop -- you start to question the person that keeps raising it.
- ngokevin 6y ago"they're wrong" is not very convincing. It's not the same person writing the articles, and I'm not the same person you've been responding to over and over.
- aeternum 6y agoThe article raises a false equivalence. The energy consumption of bitcoin is unrelated to the transaction rate. The hashrate is ultimately what secures Bitcoin and is completely independent of transactions processed. A better comparison would be the Bitcoin hashrate vs. the human life, electricity, and resources spent securing gold vaults and other physical assets.