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I dont think that's a correct assessment of HN. I would wager that if you polled the community you'd find a very high ratio of some of the earliest adopters her
by elevaet 4y ago
I dont think that's a correct assessment of HN. I would wager that if you polled the community you'd find a very high ratio of some of the earliest adopters here.
Many of us are very analytical and looked closely at how bitcoin works wrt energy usage and decided that it's not a good technology, and sold our stacks long ago.
Personally i got out just before the peak in 2017 or 2018 whenever that was, and this was an ethical decision based on the energy usage. My first btc purchased was probably around 2014, so I made some money, but it feels dirty and I dont want any part in the scheme.
The reason I share my anecdote is to provide a counter example to what I think you imagine. I'm quite sure there are many people like me on here. HN as a whole is pretty on top of tech and areas of high growth obviously.
- strings29 4y agoWell a 400b dollar market cap disagrees with you. If the energy usage was not justified then nobody would actually mine it. Which means more people think its worth while than not. The great thing is even though we all respect your choice not to use Bitcoin. Bitcoin will continue to work as it was intended and there is not much you can do about it. You are better of conserving your own energy then Bitcoins.
- Telemoto 4y ago