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Everyone competing to find hashes that start with a large number of zeros to secure a currency is significantly less of an ecological disaster than maintaining
by superkuh 6y ago
Everyone competing to find hashes that start with a large number of zeros to secure a currency is significantly less of an ecological disaster than maintaining a standing army (or military alliances with someone who does) like fiat currencies use.
- throwaway6734 6y agoBitcoin can't function without the same standing armies
- vntok 6y agoWhat a curious opinion. Care to elaborate?
- ohgodplsno 6y agoGuess where Coinbase settled, and why it's not in an absolutely lawless place. Guess where Kraken settled, and why it's not in Somalia. The very same exchanges that make cryptocurrencies have their "value" (because, had these not been here, BTC would most likely still be under the $100 bar) rely on said army to be in a safe spot.
- throwaway6734 6y agoCrypto relies on functioning nation-state infrastructure (internet/electrical) just like anything else
- agumonkey 6y agoCrypto millionaires are really not smart
- vntok 6y agoThis is not the place to attack people. Please don't.
- agumonkey 6y agoThis was so much not an attack.
- creepto 6y agoThey're the dumbest of money. Just wait for the next crash, it's gonna be rough for the ones who don't know how to sell. (Which is the majority.)
- agumonkey 6y agoI wasn't even thinking about the market or trading aspect.