Hermio

4 ms·

1.
by Hermio 5y ago
"we all" references here my parents, my siblings and probably all people around me. I don't mean to use like as love, but no one complains about it. When i talk about crypto, people do prefer to have their money at the bank w
2.
by Hermio 5y ago
I want to clarify, that i argue against Bitcoin and not against cryptocurrency. I can imagine a world with a Crypto-Euro which doesn't has any gold equivilent anymore and works on some blockchain technology but is controlled / sig
3.
by Hermio 5y ago
I reference bitcoin against 'normal' markets like Gold, shares or normal currency. But its true its value quadrupled in the last 6 month. I do hope though that the pressure on Bitcoin increases based on co2 consumption alone. But
4.
by Hermio 5y ago
To trust whom instead? How would a world, realisticly speaking, look like if we ever reach a dystopian level where we all stop using the currencies of our own countries? Srsly, if i stop trusting in the Euro, i can't imagine how our wh
5.
by Hermio 5y ago
I think its currently popular because its new and highly volatile and unregulated. Our society is quite busy with corona and while bitcoin uses a lot of energy already, the market size is still very small. Core reasons why i think we don&#x
6.
by Hermio 5y ago
I brought arguments. It should be easy for you to take part in this discussion by using my arguments and showing they are wrong. I have no clue why you would see my writing as 'deliberately wordy' if you could just counterargue th
7.
by Hermio 5y ago
I see you stoped caring about real arguments because its to much effort for you to read through them and trying to argue against them. Sure, lucky enough, i'm arguing on hn also to make sure that comments and articles dont' scew t
8.
by Hermio 5y ago
You have not shown a real scenario how bitcoin could work without an energy armes race. The power consumption is NOT arbitrary: Everyone who owns bitcoins has to be motivated to keep bitcoin alive. More people having bitcoin means more peo
9.
by Hermio 5y ago
Oversaturated financial markets perhaps? Who the fuck invests in bitcoin? People with too much money and the habit of gambling. No one can tell me that there is a logical argument without flaw and a ton of assumptions that the bitcoin marke
10.
by Hermio 5y ago
What is our problem? The problem is creating/producing co2 is a problem for our planet. Can we agree on this? If we agree on the co2 production problem, lets take a look at what bitcoin is doing: It converts a lot of energy/resour
11.
by Hermio 5y ago
Sooooo how does that equilibrium should look like which stops the energy race? Everyone can calculate bitcoins with equal effort? Or is it still an arms race on who can gather more resources (energy/asics)?