throwaway554

6 ms·

1.
by throwaway554 5y ago
What happens when foreign currencies also get into the double-digit inflation range?
2.
by throwaway554 5y ago
In many cases, you can't use the energy that is used for Bitcoin mining for anything else, since there are simply no consumers next to the renewable energy source.
3.
by throwaway554 5y ago
Imagine telling a guy who lives in a state with over 15% inflation rate that he's destined to stay poor because some people in first-world countries think that hard money is an utopia.
4.
by throwaway554 5y ago
I'm not sure how does you living in an old and free democracy in Scandinavia negate the fact that Bitcoin helps the unfortunate who are living in authoritarian states.
5.
by throwaway554 5y ago
Separating money from the state is worth the cost.
6.
by throwaway554 5y ago
https://www.hope.com/content/dam/hope-assets/collateral/Mini...
7.
by throwaway554 5y ago
What a weird attitude of helplessness. You might as well argue against encryption because the state can always do the $5 wrench attack. It is much easier for the government to confiscate your money from your bank account than to go after yo
8.
by throwaway554 5y ago
Worked great in Greece, when people couldn't withdraw more than 60 euro from their bank accounts.
9.
by throwaway554 5y ago
Until you cross the borders and move all your wealth with you by memorizing 12 words.
10.
by throwaway554 5y ago
Bitcoin was the only way for WikiLeaks to accept donations back when they were cut off from all payment processors.
11.
by throwaway554 5y ago
56% of energy used for Bitcoin mining is coming from renewable sources of energy.
12.
by throwaway554 5y ago
Bitcoin is an unconfiscable, permissionless inflation hedge. It's a big deal for people that live in authoritarian countries that coincidentally always have huge inflation numbers.
13.
by throwaway554 5y ago
I have a hard time processing this comment. Is it because I'm ESL or is it legitimately incomprehensible?