5 ms·
The other side of that coin is, obviously, coiners who deduce that anyone opposing Bitcoin must be angry about being poor. It's possible to dislike Bitcoin for
by throwaway77770 5y ago
The other side of that coin is, obviously, coiners who deduce that anyone opposing Bitcoin must be angry about being poor.
It's possible to dislike Bitcoin for its waste of its energy, centralization one step removed or economic policy without being "the guy who bought at the top".
- keymone 5y agowaste is subjective
- lottin 5y agoWaste is not subjective. If the minimum cost to achieve a goal is X, and it costs you Y (where Y > X) to achieve it, you're wasting Y - X.
- keymone 5y agosure, but it is subjective what is the goal and what is it's value.
- lottin 5y agoWhat the goal is is not subjective either, and its value is irrelevant for the purposes of this calculation.
- keymone 5y agohow is goal not subjective? do you know what my goal is without me telling you? demonstrate please.
- lottin 5y agoSomebody's goal is not a matter of taste or personal opinion, but a fact. If my goal is X, then this what my goal is, and that is independent of opinions and perceptions.
- keymone 5y ago> Somebody's goal is not a matter of taste or personal opinion citation needed > If my goal is X, then this what my goal is does this not strike you as circular? :)
- lottin 5y agoIt seems that you're just trying to waste my time without providing a counterargument, so I'll leave it here.
- keymone 5y agolol, you're the one claiming a very non intuitive thing - that one's goals don't depend on tastes and preferences, if you can't back up that claim by anything then just say so. no need to weasel out with "don't waste my time". one of my goals is to visit nepal. tell me how is that objective?
- lottin 5y agoIf you want to believe that "whether your goal is to visit Nepal or not" is an opinion, go ahead. Nobody cares.
- user-the-name 5y agoUsing 0.1% of all the energy produced on the entire planet to do seven transactions per second, something a single desktop computer from 2004 could handle just fine on its own, is not a waste that is "subjective". It is the most outlandishly, ridiculously wasteful that humanity has ever produced. There is nothing in the history of mankind that comes even close to this level of utterly deranged waste.
- keymone 5y agoMost of that energy would not have been produced and it’s orders of mignutude more tps.
- user-the-name 5y agoIt literally is seven transactions per second, that is all that Bitcoin can do. Actually it's even less than that in practice. It really is that shit.
- keymone 5y agoNope, it’s probably in millions per second already, read about lightning network.
- user-the-name 5y agoI am very familiar with the lightning network. It only exists in toy form. What currently exists can not scale, and nobody know how to make it scale. As it exists, it does not work beyond the toy levels of usage it is seeing today.
- keymone 5y agoa toy form with 1800BTC ($54mil) only in public channels. i don't think you're familiar with it at all, it scales very well because payments are actual peer to peer, don't need to be globally broadcast and checkpointed. millions tps.