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I see now. That makes sense. It is similar to how the anti-Bitcoin crowd in HN constantly smear Bitcoin as an environmental disaster while ignoring facts like:
by lowkey 5y ago
I see now. That makes sense. It is similar to how the anti-Bitcoin crowd in HN constantly smear Bitcoin as an environmental disaster while ignoring facts like:
- 100% of gold is strip mined literally raping the planet and leaving the mined earth completely unusable, while polluting water supplies.
- The primary alternative to Bitcoin is the US Petrodollar system which relies on proof of violence backed by the most powerful military industrial complex in the history of the world to ‘liberate’ oil-rich nations who dare trade oil for anything other than USD. (See Iraq, Iran, Libya, etc.)
- Gladly ignore things like Blood diamonds, the environmental and social costs of mining Lithium and other rare earth elements used to build the so-called green economy.
- Bitcoin uses mostly clean energy and increasingly so over time thanks to incentives while Gold, Platinum, Copper, etc are never held to the same ESG standards.
- Bitcoin gets demonized for its energy consumption while using half the energy of YouTube, an ad-infested spyware-ridden cat video site and less energy than the world’s hair-dryers /s
Edit: downvotes but no comments, sad.
- reedjosh 5y agoLol, love your irrelevant rant. Totally agree with it 100% btw. ESG is just corporate/banker control disguised as rainbows and sunshine. Gotta love the doublespeak Orwellian world we're in. While your rant was a bit off topic, it would still be fun to see the arguments. But no, you'll just be down voted.
- xiphias2 5y agoDon't be sad for being downvoted. Just buy and HODL. As Peter Thiel asks: “What important truth do very few people agree with you on?” Bitcoin's adoption is about 0.5% right now. By the time most people will agree with you it will have to be over 50% (about 7 doublings, which is 7 years), and Bitcoin won't be as great investment anymore as it is now.