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So do dishwashers and hot tubs, hypocrite.

• user-the-name 5y ago
  The provide actual value and usefulness. Bitcoin does three transactions per second while using the energy of an entire country. The bitcoin network could be run on a single PC from 2004, but it uses, again, an entire country's worth of energy. There is nothing in the entire history of humanity that has been as obscenely inefficient and wasteful as bitcoin. Banning it is a no-brainer. The lowest hanging of low-hanging fruit for environmental improvement.
  • inter_netuser 5y ago
    Ask Argentines, Zimbabweans, Cypriots, Greeks, Venezuelans, Turks, Lebanese and a few other billions around the world who are not privileged enough to have a stable monetary environment why they choose Bitcoin. It has little to do with tps. They do not have any real property rights, unable to access world's financial market, unable to save, unable to better their lives by accumulating wealth, and whatever little wealth they are able to accumulate is confiscated on the regular by the oppressive regimes. Of course, your dishwasher is much more important than their human rights.
    • user-the-name 5y ago
      They don't choose bitcoin, dude. That is pure propaganda, spinning a handful of people doing it into some big movement. It's not real, it's not happening.
      • inter_netuser 5y ago
        "not real"? Do you have any data to back this up? Penetration of crypto in Turkey was 18% (page 9) in 2018, likely a lot higher now. Expected to own in the future 45% (page 10): https://think.ing.com/uploads/reports/ING_International_Survey_Mobile_Banking_2018.pdf https://think.ing.com/uploads/reports/ING_International_Surv... One in five own it, half expect to own in the future.